Fakhar Abbas Email and Phone Number
My journey began in Lahore, Pakistan, where I pursued my education to become a Chartered Accountant. After completing my training at prestigious Ernst & Young offices in Lahore, Dubai, and Bahrain, I gained diverse expertise in external audits of multinational and domestic companies, understanding their business processes, and suggesting improvements.I landed my first job as Senior Manager of Finance and Accounts at the well-known Pakistani designer brand, HSY. Within six months, I was promoted to Head of Finance and Accounts, and eventually, I took on the additional responsibility of Operations. I arranged for various partnership agreements with banks and external parties and planned for diversification of service lines.After two years at HSY, I took the entrepreneurial leap and started my management and accounts consultancy firm, Fakhar Abbas & Co. Chartered Accountants. My firm provided management consultancy services, outsourced accounts and finance staff, and supervised bookkeeping contracts for both domestic clients and firms in Australia and the UK.As my business grew, I developed a strong interest in information technology, which led me to explore the logistics industry. I started my own truck dispatch business in the US, creating three successful truck dispatch companies in just three years. With over 200 staff in Lahore and my hometown, Jhang, my companies have helped dispatch more than $10 million worth of load volume.I further expanded my business by obtaining a freight broker license from the US Department of Transportation. I am now actively seeking freight brokerage agents to join my growing team.My passions include learning about digital marketing, growing startups, and traveling the world. As a lifelong learner, I am committed to empowering others by sharing my knowledge and expertise in entrepreneurship, management consultancy, accounts and bookkeeping, truck dispatch, and freight brokerage. I am also a firm believer in the power of business partnerships and take pride in my role as a business coach.As a proud father of three, I strive to balance my professional pursuits with my dedication to my family. My story is a testament to the power of hard work, ambition, and the relentless pursuit of growth. I am proud of the impact I have made on the industries I am involved in and the people I have empowered along the way.
Gold Group
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Chief Executive OfficerGold Group Jan 2020 - PresentLahore, Punjab, PakistanAs CEO of Gold Group, I spearhead the strategic direction and growth of the organization, overseeing our diverse portfolio of businesses, including our accountancy and management consultancy services, Seed growing and distribution company as well as freight brokerage and dispatch companies. My role involves setting ambitious goals, developing and executing business strategies, and fostering a culture of innovation and collaboration.With a strong focus on operational excellence, I… Show more As CEO of Gold Group, I spearhead the strategic direction and growth of the organization, overseeing our diverse portfolio of businesses, including our accountancy and management consultancy services, Seed growing and distribution company as well as freight brokerage and dispatch companies. My role involves setting ambitious goals, developing and executing business strategies, and fostering a culture of innovation and collaboration.With a strong focus on operational excellence, I closely monitor performance across all subsidiaries, ensuring financial stability, compliance, and sustainability. As a dynamic leader, I build and nurture high-performing teams, empowering them to achieve exceptional results while maintaining a strong commitment to our core values and vision.Under the Gold Group umbrella, we now offer a wide range of services, continuously learning new things, forming diverse partnerships, and empowering people. Our commitment to adaptability, innovation, and collaboration allows us to stay at the forefront of various industries, catering to the unique needs of our clients and driving the success of our group. Show less
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Managing PartnerFakhar Abbas & Co. Chartered Accountants Jun 2019 - PresentLahore, Punjab, PakistanAs Managing Partner at Fakhar Abbas & Co. Chartered Accountants, a firm licensed under my name, I played a pivotal role in delivering a comprehensive range of services, including audit, bookkeeping, and management consultancy. Leveraging my extensive experience and expertise, I led a team of skilled professionals to provide exceptional value to our clients, ensuring the highest standards of quality and satisfaction.Under my leadership, our firm collaborated with the Punjab Government as… Show more As Managing Partner at Fakhar Abbas & Co. Chartered Accountants, a firm licensed under my name, I played a pivotal role in delivering a comprehensive range of services, including audit, bookkeeping, and management consultancy. Leveraging my extensive experience and expertise, I led a team of skilled professionals to provide exceptional value to our clients, ensuring the highest standards of quality and satisfaction.Under my leadership, our firm collaborated with the Punjab Government as a financial expert on a significant project, contributing our expertise to drive successful outcomes. We also offered domestic services, catering to a diverse clientele and addressing their unique financial and business needs.In addition to our local services, we provided bookkeeping solutions to various accounting firms in the US, UK, and Australia, solidifying our global reputation for excellence. As Managing Partner, my focus was on business development, nurturing client relationships, and maintaining a culture of continuous improvement, ensuring that Fakhar Abbas & Co. Chartered Accountants remained at the forefront of the industry. Show less
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Head Of Finance And OperationsHsy Jun 2017 - May 2019LahoreAs Head of Finance and Operations, my responsibilities included:Conducting meetings with user departments to understand their operational processes and designing internal audit approaches based on business risk assessments.Leading the Finance and Accounts team at the Head Office, managing centralized accounting for all stores across Pakistan.Overseeing the daily accounting operations for all stores nationwide.Producing regular financial reports and statements in a timely… Show more As Head of Finance and Operations, my responsibilities included:Conducting meetings with user departments to understand their operational processes and designing internal audit approaches based on business risk assessments.Leading the Finance and Accounts team at the Head Office, managing centralized accounting for all stores across Pakistan.Overseeing the daily accounting operations for all stores nationwide.Producing regular financial reports and statements in a timely manner.Ensuring adherence to proper accounting methods, policies, and principles.Liaising with heads of contractual labor and resolving differences between the workforce and production management.Conducting operational audits at all operating sites to ensure compliance with the Operations Department's Standard Operating Procedures (SOPs).Encouraging employees to maintain high standards and adhere to established policies.Reviewing and monitoring financial reports, accounts, production, and activity reports to evaluate performance.In this capacity, I also managed new partnerships and addressed key stakeholders' expectations, ensuring alignment with organizational goals and fostering strong relationships for continued growth and success. Show less -
Manager Assurance And AdvisoryHyphen Consultancy (Pvt) Ltd Jun 2017 - Sep 2017Lahore, Pakistan -
Audit SeniorEy Feb 2017 - May 2017BahrainUpon being promoted to Audit Senior, my responsibilities expanded to encompass a more comprehensive range of tasks, further strengthening my skills and expertise in the field. In this role, I led audit engagements, supervised junior team members, and ensured timely completion of assignments while maintaining the highest standards of quality and compliance.As an Audit Senior, I actively engaged with clients to understand their business processes and financial reporting requirements… Show more Upon being promoted to Audit Senior, my responsibilities expanded to encompass a more comprehensive range of tasks, further strengthening my skills and expertise in the field. In this role, I led audit engagements, supervised junior team members, and ensured timely completion of assignments while maintaining the highest standards of quality and compliance.As an Audit Senior, I actively engaged with clients to understand their business processes and financial reporting requirements, delivering valuable insights and recommendations. In addition, I played a pivotal role in risk assessment, internal controls evaluation, and the development of audit plans to address potential areas of concern.Moreover, my role involved reviewing the work of junior auditors, providing guidance and mentorship to ensure professional growth and development within the team. By fostering a collaborative work environment, I contributed to the overall efficiency and effectiveness of the audit process, while maintaining strong relationships with clients and addressing their concerns.In this leadership position, I continued to enhance my proficiency in financial analysis, reporting, and regulatory compliance, further solidifying my foundation as a trusted and skilled financial professional. Show less -
Engagement AuditorEy Aug 2013 - Feb 2017Lahore, PakistanAs an Engagement Auditor with experience in leading eight audit teams and serving as second in command for three engagements, I possess a deep understanding of various hierarchical levels within working teams. My responsibilities as a team lead included job planning, team selection and allocation, and implementing planned work programs. My experience extends beyond conventional financial auditing and accounting, including:• Identifying business needs and translating them into tangible… Show more As an Engagement Auditor with experience in leading eight audit teams and serving as second in command for three engagements, I possess a deep understanding of various hierarchical levels within working teams. My responsibilities as a team lead included job planning, team selection and allocation, and implementing planned work programs. My experience extends beyond conventional financial auditing and accounting, including:• Identifying business needs and translating them into tangible targets, ensuring alignment and achievement of both EY's and clients' goals.• Managing staff levels to guarantee coverage of key audit areas at all times.• Conducting a one-time special assignment to review and suggest improvements to the financial controls of a leading national bank.• Preparing budgets, expenditure forecasts, and P&L accounts for each engagement.• Regularly negotiating with client management and governance stakeholders to address changes in engagement terms or job pricing, adhering to EY policies and statutes.• Collaborating with a leading national terry towel manufacturer's management to implement an inventory and payroll management system.• Leading the design of a financial accounting model for an SPV created by two prominent real estate giants.• Participating in a forensic audit of a leading group of companies.• Leading the audit of a top Pakistani bank's Corporate and Retail Banking Group (CRBG), ensuring compliance and financial accuracy. Show less
Fakhar Abbas Skills
Fakhar Abbas Education Details
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Accounting And Business/Management -
Chenab College JhangAccounting And Finance -
Accounting And Related Services
Frequently Asked Questions about Fakhar Abbas
What company does Fakhar Abbas work for?
Fakhar Abbas works for Gold Group
What is Fakhar Abbas's role at the current company?
Fakhar Abbas's current role is Chartered Accountant | Quickbooks ProAdvisor | Entrepreneur | CEO | US Truck Dispatch & Freight Brokerage Expert.
What schools did Fakhar Abbas attend?
Fakhar Abbas attended The Institute Of Chartered Accountants Of Pakistan, Chenab College Jhang, The Institute Of Chartered Accountants Of Pakistan.
What skills is Fakhar Abbas known for?
Fakhar Abbas has skills like External Audit, Assurance, Ifrs, Financial Audits, Financial Statements, Corporate Tax, Debate, Social Skills, Negotiation, Team Leadership, Relationship Building, Tax Preparation.
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Fakhar Abbas
Sap Fi Senior Enterprise Applications Consultant @ Coca-Cola Beverages Pakistan Limited | +10 Years Of Experience | Ex Bestway Cement Limited | Ex Purehealth UaeSahiwal District
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