About Abdul Rehman

  • Gender  Male
  • Job Fuction  Finance & Accounts 
  • Academic Level  Master’s Degree
  • Degree Title  MBA Finance
  • Start Date  08-09-2003
  • End Date  30-09-2004
  • Viewed 114

About me

I am a top accounting, finance, FP&A, strategy, process improvements and finance transformation professional, possess 20 years of vast professional experience with remarkable achievements, including turnaround a heavy loss company into a big profitable company.

I have worked with the CEO and leadership team in the turnaround of the finance and business operations departments, led strategic projects and successfully converted into a profitable entity.

I am currently working as Deputy CFO, leading the overall finance department, reporting to the CEO and Board Members as well, providing strategic advice to the CEO and to the Board on all the financial matters.

I have experience of building world class systems and processes, built a world class finance team and played my key role in the achievement of the organization mission, goals and objectives.

Education

  • 2003 - 2004
    Bahria University

    MBA

    MBA Finance with 3.3 GPA

  • 1998 - 2001
    Bahria Institute of Management & Computer Sciences

    BBA Hons- Finance

    BBA Hons- Finance

  • 1996 - 1998
    Govt College of Commerce & Economics

    Intermediate Commerce

    Inter Commerce

  • 1994 - 1996
    Mohammad Ali Memorial English School

    Matric

    Matric

Experience

  • 2024 - Present
    Karachi Water and Sewerage Corporation

    Deputy Chief Financial Officer

    • Reporting directly to the Board of Directors & the CEO, Responsible for bring institutional reforms, implementing the financial vision and policies of the organization.
    • Leading a multi- billion dollars project, financed by the World Bank and Asian Infrastructure Investment Bank to make the organization financially viable and customer centric organization.
    • Leading Finance & Business improvements projects to convert the company into a profitable entity.
    • Leading financial reporting, financial planning & analysis, strategy, process improvements, automations, regulatory compliance, risk management, treasury, taxation, payroll.
    • Preparation of Annual Budget and present it before the AFC and the Board for approval.
    • Preparation of financial statements & business performance reports for reporting to the CEO, Audit & Finance committee and Board of Directors.
    • Making Financial reports for the world bank and meetings at Chief Minister and other govt of Sindh departments.
    • Attending Board meetings and reporting on company’s performance to the BODs.
    • Monitoring and reporting of Financial and Business KPIs and report to the world bank & Board of Directors.
    • Representing the company at the Public Accounts Committee and other external forums.
    • Prepared Business plan, align departmental goals with the overall business plan, report on company’s financial and business performance, comparing monthly, quarterly and annual performance against the targets.
    • Making strategies to enhance revenues and profits.
    • Leading the overall finance, purchase and audit departments.
    • Leading overall 150 people in the finance, audit & procurement departments including the Director Accounts, Director Finance, Director Audit and Director Procurement.
    • Lead & Finalized outsourcing & performance based contracts including RFPs (request for proposals).
    • Vendor management, streamlining the finance, procurement, inventory, audit and RRG (revenue resource generation) departments processes.

  • 2022 - 2024
    Sharjeel Ayub and Co Chartered Accountants

    Senior Manager

    • Reported directly to the Partners of the company. Lead all the accounting, financial, financial advisory, payroll, taxation and audit matters of the company and clients.
    • Implemented budgeting, forecasting & financial planning & analysis processes & BI tools for different clients.
    • Lead ERP implementations, CRM softwares and business transformation projects.
    • Leading engagement with all the clients, leading audit activities of all the clients.
    • Performed audit of Oil & gas, manufacturing, non-profits, education & IT industry clients.
    • Leading Accounting, finance, taxation, payroll & Advisory services for the clients.
    • Making financial, business performance, advisory and audit reports for the clients.
    • Ensuring strong relationships with the clients and ensuring timely and accurate reporting to the clients.
    • Leading business development activities.
    • Building a world class accounting, finance, advisory & and audit team whose primary focus to perform statutory audits of the clients and also provide world class financial and business advisory services to the clients.

  • 2018 - 2021
    University of Karachi

    Manager Accounts

    • Reported to the Director Finance, Reparation of New Chart of Account for New ERP System.
    • Prepared Presentation for steps for ERP Implementation in the University of Karachi.
    • Leading FP&A, budgeting & forecasting of revenues, collections from students.
    • Preparation of Financial Data, Reports and Presentations for getting Grants from Federal and Provincial Governments.
    • Preparation and Finalization of Complete Annual Budget for reporting to HEC and Government for getting grants. Leading the entire process liaison with all the stakeholders.
    • Preparing Annual Budget to be submitted to HEC and making Quarterly HEC Utilization Report
    • Lead process improvement initiatives and lead digitalization of revenues, salaries and other payments
    • Monthly, quarterly and yearly Forecasting of revenues and expenses.
    • Preparation of Financial Statements & managing external audits.

  • 2016 - 2018
    K- Electric Ltd

    Manager Data Analyst

    • Reporting to the Regional Finance Head, Making Financial and Business Performance Reports and reporting to the Top Management. Performing variance analysis, comparing actual figures with the budgeted, forecasted and last year actual figures on a monthly, quarterly, YTD and FY basis.
    • Reporting of Business Scorecard and comparing business KPIs performance of Monthly, quarterly, YTD and FY Basis of overall company, each business unit and regions as well.
    • Making Forecasts for revenues, cost of sales, operating expenses and Net Profit.
    • Making Financial Statements and producing analysis of financial statements.
    • Preparation and Finalization of Annual Budgets and presenting to the Top Management.
    • Making financial feasibilities and sensitivity analysis of projects and strategic initiatives.
    • Making Strategies to ensure sustainable growth in sales and profits and optimize costs and expenses and also to achieve the medium term and long term goals of the company.
    • Leading overall finance department operations effectively and efficiently and rolling out strategy to make further improvements in processes, procedures, projects to enhance sales, employee productivity, customer satisfaction and profitability of the company.
    • Development of medium and long term Business Plan and ensure its implementation.

  • 2010 - 2016
    K- Electric Ltd

    Manager Finance

    Reported to the Distribution- Regional Head, Preparation and Reporting of Monthly, Quarterly, YTD and Annual Profit and Loss Account, Balance Sheet and Cash flow statement to the Senior Management. Also include Variance Analysis against last year Actual and Budgeted figures. Leading FP&A, budgeting, forecasting & producing monthly business performance reports to the top management. Making suggestions for improvements in revenues & profits.
    • Implemented Shared service center in finance for improving productivity, efficiency and providing better services.
    • Preparation and Reporting of Monthly, Quarterly and YTD Operating Expenses and Capital Expenditures Report with focus on highlighting Variances against last year Actual Expenditures and Budgeted Figures. Implemented cost reduction measures.
    • SAP ERP Implementation.

  • 2009 - 2010
    K- Electric Ltd

    Assistant Manager Distribution

    • Made financial feasibility and sensitivity analysis of Umeed Zone Project. Validated Profit & Loss Account items for business units produced by Accounts Department & Conducted meetings with Director & GM Finance for improvement of Financial Reporting of Business Units.
    • Looking after Imprest Advance of IBC, Verifying payments of Suppliers, Maintaining Hired and Permanent Employees Data.

  • 2005 - 2008
    Dawlance Group

    Assistant Manager Finance

    • Responsible for overall supervision of Branches Accounts related matters including Accounts Payable, General Ledger, Accounts Receivable & Financial Reporting.

    • Preparation and Finalization of Budget including manpower & Fixed Assets for branches and head office (cost center/ department
    wise)
    • Checking budget and making approval for purchasing of expenses & taking appropriate actions on budget negative heads.
    • Oracle ERP Implemented and worked extensively with the A.F Ferguson’s Company (A member firm of Price Water Coopers) Consultants. for successful ERP implementations in the company.

  • 2004 - 2005
    Siemens Pakistan Engineering Company Ltd

    Commercial Trainee

    • To issue Imprest Advance to project office (Dubai) for Grid Station (Dubai Electricity & Water Authority) project expenses and its subsequent adjustment through JV. Making Monthly reporting of POC, Sales and Sales Margin of the project.

Expertise

World Top Accounting, Finance, Strategy, Process Improvements and Finance & Business Transformation Professional

Languages

English
Proficient
Urdu
Proficient
Punjabi
Proficient

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