Fellow Chartered Accountant (FCA)

I have passed final examination of ICAP in May 1996 attempt

Bachelors of Commerce (B.Com)

I have passed Bachelor of Commerce examination from University of Karachi through Government College of Commerce & Economics Karachi.

Group Director Finance (Group CFO)

Currently working as Group Director Finance (GDF) in The United Group since November 2022 which consist of eight (10) companies namely Sindh Abadgar Sugar Mills Ltd. (a public listed company engaged in the manufacturing of white sugar & molasses, SGM Sugar Mills Ltd. (an unlisted public company engaged in the manufacturing of white sugar & molasses), Ranipur Sugar Mills (Pvt.) Ltd. (a private limited company engaged in the manufacturing white sugar & molasses), Pakistan Corporate Restructuring Company Ltd. (an unlisted public company establish to restructure sick industrial units and dispose or recover bad assets of the banks), United Ethanol Industries Ltd. (a public unlisted company engaged in the manufacturing of fuel grade ethanol), Synergy Packaging (Pvt.) Ltd.(engaged in the manufacturing of PET bottles, drums and jerry cans), Agro Trade (Pvt.) Ltd.(engaged in the import of coal), United Commodities (Pvt.) Ltd.(engaged in the import of chemicals) & United Agro Chemical (Pvt.) Ltd.(engaged in the import of urea). HS Crete (Pvt.) Ltd. (engaged in the manufacturing of concrete, building blocks, hollow blocks etc. I look after the financing, accounting, taxation, corporate affairs, internal audit and legal matters of all the group companies.

As a GDF my major responsibilities include:
– Corporate restructuring;
– Implementing Code of Corporate Governance across the entire group;
– Devising long term strategic vision of the group in collaboration with the Board;

– Supervising respective head of department including finance, accounts, taxation,
corporate affairs & legal;
– Ensuring implementation of Board decision across respective organization;
– Assisting MD/CEO in taking major decision relating to Pricing, financing, legal
matters, etc;
– Analyzing financial statement on behalf of Board; and
– Supervising the groups internal audit function; etc.

Group Director Finance (Group CFO)

Worked as Group Director Finance (GDF) in Al-Haj Group since April 2022 till November 2022 which consist of seven (7) companies namely Al-Haj Holdings (Pvt.) Ltd. which is the parent company of other six (6) companies i.e. Al-Haj Automotive (Pvt.) Ltd. (authorized manufacturer of Proton Cars in Pakistan), Al-Haj Faw Motors (Pvt.) Ltd. (authorized manufacturers of FAW Cars & trucks in Pakistan), Al-Haj Bus Company (Pvt.) Ltd. (authorized manufacturers of Zhong Tong Buses in Pakistan), Al-Haj Hyundai (Pvt.) Ltd. (authorized manufacturer of Hyundai trucks in Pakistan), Al-Haj Mines (Pvt.) Ltd. (licensee of coal mining block in interior of Sindh) & Folad Cement (Pvt.) Ltd. (a company setup to install cement manufacturing facility in Balochistan).

All these six companies have their respective CFO’s which were my direct reportees along with Legal & Taxation department & Company Secretary whose head also use to reports to me.

As a GDF my major responsibilities include:
– Corporate restructuring;
– Implementing Code of Corporate Governance across the entire group;
– Devising long term strategic vision of the group in collaboration with the Board;
– Supervising respective CFOs in taking critical decision relating to their entities;
– Coordinating between the Board and respective CFOs to implement Boards decision;
– Assisting MD/CEO in taking major decision relating to Pricing, financing, legal matters, etc;
– Analyzing financial statement on behalf of Board;
– Dealing with Engineering Development Board (EDB);
– Dealing with State Bank of Pakistan (SBP); etc.

Group CFO / Company Secretary

Worked as CFO & CS in Team A Ventures Pvt. Ltd. (TAV) since April, 2014 & its group company Children Clothing Retail (Pvt.) Ltd. (CCR) since November 2021 till April 0222. TAV is the Franchisee /Distributor of famous international brands in Pakistan namely Debenhams, Next, Accessorize, Monsoon, Crocs, Timberland, Fitflop, Havaianas & Yves Roucher along with its own
footwear brand ACT operating through fourteen (14) (pre-Covid forty (40) ) retail outlets across
Pakistan. TAV is also operating its own multi-brand footwear chain named SUPERFEET. CCR is the owner of multi-brands children clothing chain named Cotton Candy operating through five (5) retail outlets across Pakistan. Structurally it’s a second man’s position in the organization managing the entire finance, accounts, audit, tax, corporate affairs, legal and supply chain functions including warehousing & imports on a day to day operational matters and long-term strategic planning. Since each brand had a dedicated team with a brand head responsible for the entire p&l and separate & unique arrangement/agreement with each principal therefore effectively the role is of Group CFO.
Specifically my responsibilities include:
-dealing with internal and external auditors;
-dealing with supplier and customers;
-dealing with brands;
-ensuring accurate & timely financial reporting;
-dealing with tax authorities and consultants;
-dealing with corporate & tax lawyers;
-dealing with financial institutions & insurers;
-arranging & managing various financing facilities;
-preparing annual budget;
-cost control;
-reviewing, vetting & drafting property lease agreements;
-working out landed cost and development of pricing;
-dealing with Competition Commission of Pakistan (CCP);
-ensuring strict compliance of franchise/license agreement with franchisors;
-serving as trustee of the Employee’s Provident Fund trusts;
-dealing with freight forwarders and clearing agents;
-dealing with custom authorities;
-dealing with Intellectual Property Organization;
-managing the entire supply chain function by ensuring timely and efficient movement of inventory from
brands warehouse to retail outlets;
-arranging & organizing meetings of the Board and Shareholders;
-preparing minutes of the abovementioned meetings; and
-ensuring timely and accurate filing of various returns with SECP

Chief Financial Officer (CFO)

Worked as CFO in Fauji Oil Terminal & Distribution Company Ltd. (FOTCO) from November 2006 till October 2013. FOTCO , an unlisted public limited company is a joint venture between Infraavest Ltd. of Singapore and Fauji Foundation and is engaged in managing and operating a 100 million US$ Marine Oil terminal at Port Bin Qasim, Karachi for loading/un-loading Crude, Furnace and High Speed Diesel Oils.

As CFO of the company was responsible for all the financial aspect of the company. Specifically my responsibilities include:
-dealing with internal and external auditors;
-dealing with supplier and customers;
-ensuring accurate & timely financial reporting;
-dealing with tax authorities and consultants;
-dealing with corporate & tax lawyers;
-dealing with financial institutions;
-managing funds of approximately Rs. 2 billion;
-preparing annual budget; -cost control;
-developing financial models/feasibilities for new projects in the vicinity of US$ 50 to 500 million relating to
Liquefied Natural Gas (LNG), Refinery, New Oil and Coal& Clinker Terminals etc.;
-advising management on various long term investment option available to the company;
-attending meetings of the Board and various committees of the Board;
-preparing minutes of the abovementioned meetings;
-ensuring strict compliance of Implementation Agreement (IA) with a Government Authority i.e. Port Qasim
Authority (PQA);
-serving as trustee of the Employee’s Gratuity and Provident Fund trusts;
-dealing with EPC contractors, financial, legal and technical consultants in relation to the new project; and
-managing the IT function of the organization.

General Manager Finance (CFO)

I worked as General Manager Finance (CFO) in Unicol Limited since April 2006 till November 2006.
Unicol limited, an unlisted public limited company is a joint venture between three public listed companies
and is engaged in the managing and operating a distillery to produce fuel ethanol.

I was reporting to the Chief Executive Officer / Board of Directors and my responsibilities include:
-development of capital expenditure plan;
-ensuring proper funding for the project both from internal resources i.e. shareholder’s equity and external
source i.e. bank financing etc.;
-ensuring strict cost control over capital expenditure;
-monitor the progress of the project on behalf of the board;
-establish an effective back office operations right from the setting up of the company’s head office and
hiring of the required staff till the development of the policies and procedures etc.;
-dealing with tax authorities including income tax, sales tax and excise duty;
-dealing with suppliers and consultants;
-dealing with financial institutions etc.

Finance & Administration Manager (CFO) & Company Secretary

Worked as Finance & Administration Manager (CFO) and Company Secretary in TOTAL OIL PAKISTAN (PRIVATE) LTD. (formerly TOTAL ATLAS LUBRICANTS PAKISTAN (PRIVATE) LTD. since June, 2002 till March, 2006. TOTAL OIL PAKISTAN (PRIVATE) LTD. is a subsidiary of TOTAL S.A. of France which is one of the largest oil Company of the world.

As CFO I was reporting to the Chief Executive Officer (CEO) and was a very influential member of the management team who was actively involved in the decision making process whether day to day routine matters or long and short term business planning along with managing the Corporate Affairs, Administration, Human Resource & Information Technology function of the organization. Structurally, my position was of second man in the organization and use to be the acting CEO in his absence.

Specifically, for finance function my responsibilities include:
-ensuring proper maintenance of books of accounts;
-dealing with internal and external auditors;
-dealing with suppliers and customers;
-ensuring efficient and effective internal controls throughout the organization;
-development of policies and procedures;
-ensuring efficient fund management;
-ensuring compliance with statutory requirement;
-dealing with income and sales tax authorities and consultants;
-business planning both long and short term;
-preparation of annual budget
-dealing with banks and financial institutions;
-reporting both to the regional office in Singapore and head office in Paris, and also to the local Joint
Venture partners;
-maintenance of proper books of accounts and funds management of Provident fund as a trustee of the fund;
-review management reports on behalf of management etc.

Specifically, for Corporate Affairs function my responsibilities include:
-arranging the Board of Director’s (BOD) meetings & Annual General Meetings (AGM);
-recording minutes of BOD meetings & AGMs; and
-meeting various filing requirements of Securities and Exchange Commission of Pakistan (SECP) etc.

Specifically, for administrative function my responsibilities includes cost effective and efficient administration of Head office located in Karachi and sales offices and warehouses spread over various location across Pakistan by ensuring :
-proper staffing;
-proper staff training;
-proper working condition etc.

Specifically for HR function my responsibilities include:
-indentifying headcount requirement across the organization;
-getting headcount approval from the relevant authority;
-ensuring timely & suitable hiring in a transparent and efficient manner;
-ensuring necessary induction program;
-maintaining accurate and efficient personal record;
-ensuring market based compensation package across the organization;
-ensuring timely and relevant evaluation reports;
-ensuring smooth exit of the outgoing employee etc.

Specifically for IT function my responsibilities include:
-ensuring suitable staffing;
-development of IT policies & procedures;
-ensuring strict compliance of IT policies & procedures;
-identifying suitable hardware and software requirement across the organization and its timely procurement;
-cost effective and timely maintenance of hardware and software;
-development of effective and suitable ERP environment etc.

Manager Accounts & Administration and Control Advisor

Worked as Manager Accounts & Administration and Control Advisor from August, 2001 till June, 2002 in
Mobil Askari Lubricants Limited, a subsidiary of Exxon Mobil Inc., USA which is the largest corporation of the world.

I was reporting to the Chief Executive Officer / Financial Controller and Regional Control Advisor (based at regional office in Singapore)

For Accounting function, my responsibilities include:
-all the accounting functions right from the preparation of vouchers to the reporting both internal and external, costing, dealing with internal and external auditors, suppliers and distributors;
– handling all the tax (both income & sales) and excise duty matters which include filing of returns, dealing
with consultants and government authorities and preparation of various requirement for these authorities;
– maintenance of books of accounts and managing the funds of Provident Fund;
– analyses of various management report on behalf of the management etc.

For Administration function, I was responsible for efficient administration of the Head office located in Karachi, factory located in District Hub, Balochistan and regional offices located in Islamabad and Lahore in accordance with the operational guidelines from the regional office.

For Control Advisory function, my responsibilities include:
-development and ensuring sustained operational and financial controls across the company as per the worldwide corporate policies & procedures and guidelines from the regional offices;
-advising on various control issues raised by different departments or by reacting proactively on any control
weakness identified during the periodic control review, following up on implementation of advices and where ever necessary ensuring proper training of the personals in key positions etc.

Accounts Manager

Worked as Manager Accounts from December, 1997 till August, 2001 in Merck , Sharp & Dohme of
Pakistan Limited , a subsidiary of Merck & Co. , Inc. USA , which is one of the largest pharmaceutical corporation in the world.

I was reporting to the Director Finance who consequently reporting to the Managing Director. I was responsible for all the accounting functions right from the preparation of voucher to the reporting both
internal and external, including a portion of budgeting and forecasting, costing which also includes development of standard cost, implementation of new accounting software, dealing with the external and internal auditors , suppliers and distributor.

I was also responsible for maintaining the books of accounts and managing the fund of Provident Fund and Worker’s Profit Participation Fund.

Assistant Manager - Tax

I worked as Assistant Manager – Tax in A.F.Ferguson & Co. , Chartered Accountants from August, 1996 till
November, 1997. During this assignment my responsibilities included filing of returns, attending hearings on various notices from different tax authorities on behalf of clients and giving advice on various tax matters.

Supervising Senior - Audit

After completion of training continued with A. F. Ferguson & Co. as Supervising Senior – Audit.
During my association with audit department of A.F.Ferguson & Co. my responsibilities included planning, executing and concluding audits that involved performing walk-through tests on accounting systems , compliance procedures on relevant controls , substantive tests on transactions and preparation of final accounts and reports in accordance with the International accounting and auditing standards; Computing tax liability and establishing year – wise tax position by reviewing cases pending with tax authorities ; and Supervision and review of work performed by team members.