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Zafar Iqbal is a seasoned finance professional with a proven track record of driving business growth through strategic financial planning and analysis. As a seasoned Finance & Accounts Manager, he has successfully led financial operations, prepared financial statements, and implemented cost-saving measures at top-tier organizations. With a Master's degree in Finance and a strong background in accounting and financial management, Zafar brings a unique blend of technical expertise and business acumen to the table. His expertise spans financial reporting, forecasting, budgeting, and financial modeling, making him an invaluable asset to any organization.

Experience

    • Finance & Accounts Manager
      • Jul 2018 - Present
      • Sundar Industrial Estate Lahore

    • Audit Manager / Head of internal audit
      • Feb 2015 - Jun 2018
      • Lahore, Pakistan

      Overall responsible of audit operations, revision of monthly financial statements & management accounts, determination of grey areas & measures.Provide a portfolio to management and business stake holders, Deliver high quality audit and assurance service including preparing and reviewing audit plans. Manages strategically plans for business house & stake holders’ determine key risks areas & measures. Address to each & every situation before conversion in crises and develops solutions to avoid recurrence, Providing help and guidance within business house & business take holders, Monitor and control auditing staff. A high level independent corporate official with overall responsibility for the internal audit who reports functionally to the top management, This function exists to constitute a third-level of control in the organization, which must be independent from the first-level control (the first-level layer belongs to the top management and consecutively second-level (which are the supporting departments i.e. Administration, HR, Risk function, Financial Control etc.). Internal audit perform pivotal roles with Independent attitude, Organizational independence, Independent function & without conflict of interest.In present assignment, written financial accounting SOPs, accounting manual & implemented through audit programme. A disciplined and well organized, methodical and assertive who combines attention to detail with the ability to achieve time-sensitive deadlines. Commitment, professionalism and stability. I am usually threat to the existing systems & procedures applied in financial controls, shortfalls are converted in developments for internal control which result higher profitability. An energetic manager as a role model for auditing professionals,Undertake wider office activities, as required.Overall evaluation of performance of business house and matching with policiesResponsible to BOD

    • Finance Manager / CFO
      • Mar 2010 - Jan 2015
      • Lahore, Pakistan

      Overall responsible of financial operations, preparation of monthly / quarterly / half yearly & yearly financial statements & management accounts for management & business stakeholders.Preparation of budget, cash flow & related information's, monthly comparison with actual results, determination of variances & measures.Implementation of statutory & compliance requirement to Govt. Authorities, business stakeholder.Interaction with external auditors, insurance companies, clearing agents, debtors & creditors, Govt. departments i.e taxation, state bank, SECP etc.Arrangement of board meeting, recording of minutes in minute book and compliance requirements.Formulation of financial policies, implementation for higher profitability of business house.Handling of staff technically & operationally for good performance.Responsible to BOD

    • Division CFO
      • Mar 1998 - Feb 2010
      • Lahore, Pakistan

      Overall responsible of profitability of business houseOverall responsible of financial operations, preparation of monthly / quarterly / half yearly & yearly financial statements & management accounts for management & business stakeholders.Preparation of budget, cash flow & related information's, monthly comparison with actual results, determination of variances & measures.Implementation of statutory & compliance requirement to Govt. Authorities, business stakeholder.Interaction with external auditors, insurance companies, clearing agents, debtors & creditors, Govt. departments i.e taxation, state bank, SECP etc.Arrangement of board meeting, recording of minutes in minute book and compliance requirements.Formulation of financial policies, implementation for higher profitability of business house.Handling of staff technically & operationally for good performance.Responsible to BOD

    • Accounts Manager
      • Jul 1996 - Feb 1998
      • Lahore, Pakistan

      Overall responsible of accounting operations.Preparation of trial balance, financial statements & management accounts, determination of wastage & adjustment in accounts, meeting with engineers for determination of normal & abnormal wastage.Handling of accounts staff.Responsible to VP (Mfg) to local management & VP (Finance) to Singapore management

    • Chief Accountant
      • Apr 1990 - Jun 1996
      • Lahore, Pakistan

      Purchased a local ERP software & customized per our requirements, designed MIS and got developed from developers, implemented which resulted economical accounts staff and detailed MIS with minimum effort.Overall responsible of financial operations, preparation of monthly / quarterly / half yearly & yearly financial statements & management accounts for management & business stakeholders.Preparation of budget, cash flow & related information's, monthly comparison with actual results, determination of variances & measures.Implementation of statutory & compliance requirement to Govt. Authorities, business stakeholder.Interaction with external auditors, insurance companies, clearing agents, debtors & creditors, Govt. departments i.e taxation, state bank, SECP etc.Arrangement of board meeting, recording of minutes in minute book and compliance requirements.Formulation of financial policies, implementation for higher profitability of business house.Handling of staff technically & operationally for good performance.Responsible to BOD

    • Cost Accountant
      • Feb 1984 - Mar 1990
      • Lahore, Pakistan

      Overall responsible of cost accounting center in finance department.Preparation of cost of goods sold statement for preparation of financial statements & management accounts.Monthly material consumption, determination of excess issuances / theft etc for measures to management.Determination of process losses & abnormal losses for control / higher profitability.Handling of staff.Responsible to Finance Manager & CEO

    • Senior Financial Accountant & Internal Auditor
      • Jul 1980 - Jan 1984
      • Nowshera KPK

      Overall responsible of financial operations, preparation of monthly / quarterly / half yearly & yearly financial statements & management accounts for management & business stakeholders.Preparation of budget, cash flow & related information's, monthly comparison with actual results, determination of variances & measures.Implementation of statutory & compliance requirement to Govt. Authorities, business stakeholder.Interaction with external auditors, insurance companies, clearing agents, debtors & creditorsHandling of staff technically & operationally for good performance.Responsible to GM for local management and Director Finance at HO Islamabad

Education

  • 1995 - 1997
    Alkhair University Lahore
    Master’s Degree, MBA (Finance)
  • 1979 - 1986
    Instt. of Cost and Management Accountants of Pakistan
    Master’s Degree, ACMA
  • 1975 - 1977
    Hailey College of commerce, Punjab university Lahore
    Bachelor’s Degree, Accounting and Finance

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