Experience

Waheed Associates

• India
• Consumer Services

• Director

  • Jan 2017 - Present

  ERP and Accounting Services ERP and Accounting Services



The Atlas School

• Iceland
• E-learning
• 1 - 100 Employee

• Executive Director

  • Jan 2017 - Present

  Financial & Educational Services Financial & Educational Services



Fatima Group

• Pakistan
• Chemical Manufacturing
• 700 & Above Employee

• • Nov 2007 - Dec 2016

  • Financing arrangement of the project• Negotiations with contractor• Contracts review• Review of financial models for international ventures.• Review and advise on international tax regimes an SPV’s jurisdictions• Coordinate with professional firms and financial institutions in different countries with respect to international ventures.• Head finance functions at PFL plant site.. I have worked on different projects in Fatima Group

• • 2007 - Dec 2011

  Worked as “Financial Controller” and acting CFO (Since 2009 to June 2011) with Fatima Fertilizer Company Limited (Fatima). Fatima is listed company and has invested US$ 750 Million in fertilizer plants to produce different fertilizers. My responsibilities included:• Project Finance arrangement.• Attend Board meetings and deliver presentations.• Budget preparation and approval from BOD.• Financial Modeling and periodic projections.• Periodic management reports.• Dealing with financial institutions/lenders.• Managing Finance, Accounting and taxations departments.• Implementation of Oracle Financials (ERP). - Acted as team member for implementation of different modules - General Ledger, Payables, Receivables and Cash Management, Fixed Assets, Inventory, Purchasing & Order Management modules were implemented. - Conducted testing of different modules. - Participated in training process - Worked on configuration and setup in coordination with consultants - Managed dedicated team for data entry and reconciliations. - planning and reporting of project progress. - defined reporting requirementsI have completed the process of US$ 115 Million (PKR 10,000 Million) financing for the project from local financial institutions. I have developed a budget for the project and implemented the project cost function in the company which worked effectively. Show less



METRO/MAKRO Cash and Carry

• Senior Manager Accounts

  • Sep 2005 - Nov 2007

  Worked as Senior Manager Accounts with a multinational company, Makro Cash & Carry, operating Wholesale-cum-Retail Stores in Pakistan selling around 20,000 Food and Non food items to professional customers. Makro is one of the core businesses of SHV Holding N.V. based in Holland. My responsibilities included: • Monthly/Annual reporting to Regional Office (Thailand) and Head Office (Holland). • Weekly/Monthly/Annual reporting to Associate partners. • Review of Makro Business System (MBS) reports and analysis. i.e Sales, Margin, Stock levels etc • Preparation of annual budgets and periodic forecasts. • Dealing with banks for foreign remittances, finance facilities, Letters of Credit etc • Handling Corporate, Income Tax and Sales tax matters. • Preparation of Quarterly Forecast and Annual Budgets. • Monthly variance analysis of actual and budget. • Development and implementation of internal control policies and procedures. • Dealing with the external auditors and Government authorities. • Project Manager for Oracle Financials implementation. - General Ledger, Payables, Receivables and Cash Management modules were implemented - Implementation completed in 4 months period - Conducted testing of different modules. - Participated in training process of all modules - Worked on configuration and setup in coordination with consultants - Managed dedicated team for data entry and reconciliations. - planning and reporting of project progress. - defined reporting requirements Show less



SUPERGAS (SHV Energy Pvt Ltd.)

• India
• Oil and Gas
• 1 - 100 Employee

• Manager Accounts

  • Feb 2002 - Feb 2005

  Worked as Accounts Manager with “SHV Energy Pakistan (Private) Limited” (also subsidiary of SHV Holding N.V. Holland), world’s leading Oil & Gas Company operating in Pakistan as marketing & distribution Company of LPG having production centers and retail outlets at different locations. My responsibilities include: • Monthly, quarterly and annual reporting to H.O in Netherlands. • Internal MIS and implementation of Balance Score Card for Corporate MIS. • Financial analysis and forecasting of different activities and departments. • Accounting operations and coordination with external Auditors. • Letters of Credit and Import clearance activities. • Dealing with Banks for finance facilities, equity registration and foreign payments. • Fund management including payments and country wide collection. • Capital Investment Follow up. • Sales tax, Income tax matters and corporate matters. • Analysis and implementation of software. Show less



FFBL

• Pakistan
• Chemical Manufacturing
• 300 - 400 Employee

• Finance Executive

  • Jun 2000 - Feb 2002

  Worked as Finance Executive with FFC Jordan Fertilizer Company Limited, a complex of Fauji Foundation (Pakistan) involved in the manufacture and sale of Urea and Di-Ammonia Phosphate (DAP) fertilizers. My responsibilities included: • Fund Management at plant site. • Monthly Financial Statements and financial analysis. • Controlling the activities of Materials Accounting Section. • Participating in the development of Inventory Control system. • Monthly sales tax records maintenance. • Coordination with external auditors for annual audit. • Preparation of the cost sheets for the processes of all units and cost centers. Show less



M Artal Poultry (Pvt) Ltd

• Assitant Manager Finance

  • Aug 1999 - Jan 2000

  Worked with M-Artal Poultry International (Private) Limited, an integrated poultry project of Artal Granasia Belgium, having seven operating units comprising of Feed Mill, Hatchery, Processing Plant, Broiler Farm, Rearing Farm, Laying Farm and Retailing. My responsibilities included: • Funds management and liaison with the bankers • Controlling the daily operational matters • Liaison with the auditors and tax consultants • Preparation of monthly Sales Tax Returns • Review/ implementation of Internal Control system applications of the software Show less



Coppers & Lybrand

• Audit Supervisor

  • Jan 1995 - Aug 1999

  Worked as Supervisor with PriceWaterHouseCoopers from January 1999 to August 1999. My responsibilities included: • Supervising and reviewing the audit field work and tax matters of the clients • Assessment proceedings of clients and Compliance of notices by Tax Authorities I completed four years Articles from Coopers & Lybrand Chartered Accountants during the period January 1995 to January 1999. Mainly supervised the audits of: • Glaxo Welcome Pakistan Limited / Japan Power Generation Limited • Petrosin Ravi Industries Limited / M. Artal Poultry • International Irrigation Management Institute, Pakistan • Family Planning Association of Pakistan / SHV Energy N.V Show less