Heading finance and accounts as CFO of Ashabi Tex.. Consolidations of different factory Units with standard reporting. Recording of transactions and recognition in compliance with related IFRS. Fund flow management and supervision of treasury operations. Negotiation/arranging of financing facilities (ERF/FE-25/Rupee base financing/Istisna etc) Rs. 1.3 billion and supervise day to day treasury function for working capital management. Supervision of monthly management reporting including financial statements, creditors aging analysis. Standard costing reports as defined in term of recipe and actual cost incurred and variances.  Supervise contribution margin reports and monitor variances. Cost analysis of unit cost of different departments such as cutting, stitching etc Calculation of labor efficiency and cost allocation such as material, accessories etc. Ascertainment of FOH and allocation to units as unit cost. Cost management and verification of wastages and reconciliation of production with dispatch/FG units and calculation of WIP. Supervise calculation of sales margins and commissions and ensure accuracy and payments. Preparation of annual budget. Checking of production in compliance with budgets/plan and monitor normal and abnormal wastage. Stock and raw material valuation and physical stock taking for proper closing of management accounts. Meeting with financial institutions for arranging working capital. Tax planning (normal and FTR regime) with reference to Bread Industry and attaining maximum tax benefits.

HEADING FINANCE AND ACCOUNTS OF ASHRAFI GROUP. 1. CASH/FUND MANAGEMENT2. AUDIT AND TAXATION3.CORPORATE COMPLIANCE4.BUDGET AND VARIANCES5.COSTING AND FINACIAL DECISION MAKING6.LAISION WITH REGULATORS

Heading finance and accounts functions of the Company. Consolidations of different construction sites with standard reporting. Supervise day to day treasury function for working capital management. Recording of transactions of construction sites and recognition in compliance with related IFRS. Fund management of different construction sites with supervision of billing and sites expenses in compliance with contracts. Supervision of preparation of construction contracts/agreements and monitor the recording of mobilization advance and subsequent billing. Supervision of preparation of provincial sales tax invoice (SRB/PTA), payment of sales tax, filing of return, adjustment of input tax etc. Preparation of annual contract budget and monitor project expenses and reporting of variances as compare to budgets. Meeting with financial institutions for arranging working capital for projects. Tax planning (normal and FTR regime) with reference to construction companies and attaining maximum tax benefits.

Associated Constructors Limited was incorporated in 1966 as a Civil Engineering and Construction Company. ACL has been recognized as one of the premier Civil Construction and Engineering Companies of Pakistan and has been building structures of enduring quality and value throughout Pakistan for more than four decades. The company has also had several years of overseas experience, having undertaken high tension transmission line and sewerage net work projects in Saudi Arabia.Being a CFO/Company Secretary, I have been involved in smoothly running of finance/accounts/corporate departments including hiring of subordinates and accounting software, preparation of chart of account and classification of financial heads of accounts , MIS reporting to CEO, finalization of statutory accounts & tax returns, liaison with regulators/auditors, compliance of IFRS and IAS with specific reference to real estate/construction sector, monitoring of project sites accounting/financial date, disbursement of funds to sites, consolidation of project sites financials with head office for finalization of accounts, monitoring of recording of expenses and revenue of separate project sites, monitoring of mobilization advance with adjustments, preparation and disbursement of staff salary, PF & Gratuity Fund accounting preparation of minutes of meeting of BOD/arranging meeting of BOD/quarterly and annual corporate compliance as required by SECP etc.

The Company is in the business of real estate development and construction and fully owned by prestigious Saudi Pak Group through Saudi Pak Industrial & Agricultural Investment Company. The paid up capital of the Company is Rs. 500 million. The Company besides its core business also invested its surplus funds in marketable securities, letter of placements, certificates of deposits, REPO transactions etc.Being a CFO, I have been involved in establishing finance/accounts department including hiring of subordinates and accounting software, preparation of chart of account and classification of financial heads of accounts and supervision of finance/accounts department, MIS reporting to CEO, finalization of statutory accounts & tax returns, liaison with regulators/auditors, compliance of IFRS and IAS with specific reference to real estate/construction sector, placements of funds in REPO transactions/Letter of placements/Certificates of deposits, maintaining/recording portfolio in marketable securities, preparation and disbursement of staff salary, PF & Gratuity Fund accounting etc.

The Company is in the business of share brokerage and a member of Karachi Stock Exchange (G) Ltd and owned by famous Al- Habib Group through Bank Al-Habib Ltd (one of the leading bank in Pakistan). The top management (CEO/COO) of JS Global Capital Ltd was assigned to establish the Company by the sponsors, Bank Al-Habib Ltd.Being a CFO, I have been involved in establishing finance/accounts department including hiring of subordinates and accounting software, preparation of chart of account and classification of financial heads of accounts, supervise the department, MIS reporting to CEO/COO, finalization of statutory accounts & tax returns, liaison with regulators/auditors, compliance of IFRS and IAS with specific reference to brokerage house, placements of funds, obtaining financing facilities from banks, liaison with Stock Exchanges, SECP, Registrar of Companies, auditors, supervision of preparation of capital adequacy certificate, supervision of clearing a/c with NCCPL/KSE and reconciliation thereon, preparation and disbursement of staff salary etc.

The Company is in the business of share brokerage and a member of Karachi Stock Exchange (G) Ltd and owned by well known JS Group through Jahangir Siddiqui & Co. Ltd (one of the leading business group in Pakistan). The Company holds a major share in equity market and rated amongst the top Companies in the business.Being a Company Secretary/Manager Finance, I have been involved in supervision of finance/accounts/corporate departments, MIS reporting to Chairman of BOD/CEO/COO, finalization of statutory accounts & tax returns, liaison with regulators/auditors, compliance of IFRS and IAS with specific reference to brokerage house, placements of funds, obtaining financing facilities from banks, liaison with Stock Exchanges, SECP, Registrar of Companies, auditors, supervision of preparation of capital adequacy certificate, supervision of clearing a/c with NCCPL/KSE and reconciliation thereon, preparation of minutes of meeting of BOD/arranging meeting of BOD/quarterly and annual corporate compliance as required by SECP and Stock Exchange applicable on listed companies, etc.I have also supervised the conversion of the Company in to public ltd. co. and further offering its shares to general public (IPO) and becoming listed co. and complied all the statutory requirement of SECP and Stock Exchange including preparation of offer for sale document (OFSD), justification of premium on shares, due diligence reports, liaison with bankers to the issue & underwriters, etc

Heading finance and accounts department.