Ashfaq Ahmad

Ashfaq Ahmad Email and Phone Number

Chief Financial and Supply Chain Officer @ Innovative Group Limited
Lahore, PK
Ashfaq Ahmad's Location
Lahore District, Punjab, Pakistan, Pakistan
Ashfaq Ahmad's Contact Details
About Ashfaq Ahmad

An experienced Finance professional having more than twenty years experience in Accounts, Finance, Management Accounting, Auditing, Budgeting, Business Strategy and Supply Chain with proven skills to improve operations, impact business growth & maximize profits through better financial management, cost reductions & productivity improvements based on strength in building on what works well and addressing key strategic initiatives, quickly bringing about sound and rapid transformation. Proficient in handling and conceptualizing finance function entailing strategy, business plans, capital budgeting, supply chain management, implementing financial policies & procedures including working capital management, internal financial controls, project financing and costing.

Ashfaq Ahmad's Current Company Details
Innovative Group Limited

Innovative Group Limited

View
Chief Financial and Supply Chain Officer
Lahore, PK
Employees:
477
Ashfaq Ahmad Work Experience Details
  • Innovative Group Limited
    Chief Financial And Supply Chain Officer
    Innovative Group Limited
    Lahore, Pk
  • Innovative Group Limited
    Chief Financial & Supply Chain Officer
    Innovative Group Limited Apr 2012 - Present
    San Francisco Bay Area
    Introduced the new pricing mechanism which saved the annual business of Rs15m in projects. Appraised various sales distributors and setting of prices of various products. Developed the pricing of Innovative based on BPS which was successfully implemented.Established and maintained effective and strong relationships among internal and external stakeholders through having consistent meeting and feedback process.Improved the supply chain of BD and Innovative generated the annual savings of Rs 10m and 100million respectively. Significant cost saved by improving cash conversion cycle through reduction in DSO, FDS and enhancement in PDO.Dealt to various tax matters relating to Sales Tax, Income Tax, and Deferred Tax and handled the tax audit and assessments successfully and brought tax efficiencies..Strongly supported the business successfully on all goals, objectives, vision and values. Developed the vision, values, Goals and Objectives of finance department in line with company.Developed, implemented and continuously improved the internal controls.Implemented Hyperion Financial Management System, SCALA 5.1 Software System and cloud based SAP Business one. Developed the strategic documents of Internal Audit like Internal Audit Manual, Audit Committee Charter, Code of Ethics, Charter of Audit Department and JDs of Audit staff.Implemented, Reviewed and continuously improved the monthly and annual actual Financial and Managements Reports. Did International financial reporting to Singapore, Japan and USA. Handled corporate affairs and reporting. Reviewed and controlled the capital expenditure through better capital budgeting analysis.Built, led and developed the Finance, Accounts and supply Chain teams by providing the in-house and outsource training continuously to bring them inline with company vision.
  • Jgc Descon Pakistan
    Head Of Finance And Accounts
    Jgc Descon Pakistan Jan 2009 - Mar 2012
    Lahore Pakistan
  • Bd Pakistan
    Manager Accounts And Finance
    Bd Pakistan Jul 1999 - Feb 2009
    Lahore, Pakistan

Ashfaq Ahmad Skills

Managerial Finance Financial Analysis Internal Audit Forecasting Finance Financial Reporting Management Ifrs Target Costing Financial Accounting Accounting Team Management Cash Flow Financial Audits Payments Leadership Internal Controls Procurement International Financial Reporting Standards Auditing Mis Budgets Variance Analysis Account Reconciliation Budgeting

Ashfaq Ahmad Education Details

Frequently Asked Questions about Ashfaq Ahmad

What company does Ashfaq Ahmad work for?

Ashfaq Ahmad works for Innovative Group Limited

What is Ashfaq Ahmad's role at the current company?

Ashfaq Ahmad's current role is Chief Financial and Supply Chain Officer.

What is Ashfaq Ahmad's email address?

Ashfaq Ahmad's email address is as****@****ail.com

What schools did Ashfaq Ahmad attend?

Ashfaq Ahmad attended Institute Of Cost And Management Accountants Of Pakistan (Icma Pakistan), Institute Of Cost And Mangement Accountants Of Pakistan, The Chartered Institute Of Management Accountants.

What skills is Ashfaq Ahmad known for?

Ashfaq Ahmad has skills like Managerial Finance, Financial Analysis, Internal Audit, Forecasting, Finance, Financial Reporting, Management, Ifrs, Target Costing, Financial Accounting, Accounting, Team Management.

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