Hafiz Asim I Aca I Fcca I Digital Transformation I. Email & Phone Number

Eastern, Saudi Arabia

• Al Jomaih Energy & Water Company (AEW) collaborates with major partners such as SEC, Aramco, Marubeni, Sojitz, Metito, and others to invest in, develop, and operate conventional and renewable power, desalination, and.
• Financial Restructuring: Successfully transformed the Debt/Equity ratio from an unsustainable 500x to a favorable position of NIL by strategically restructuring the balance sheet. This effort injected a substantial.
• Strategic Acquisitions: Orchestrated two prosperous acquisitions in partnership with ACWA Power, contributing to the company's growth and expansion.
• Tax-Efficient Financing: Implemented a tax-efficient equity financing structure for three wholly-owned renewable projects in India. This involved a comprehensive analysis of External Commercial Borrowings (ECBs) and.
• IFRS Advisory, Finance Department Establishment and team management, Cost Optimization, Impairment Analysis, Purchase Price Allocation, ERP Implementation, etc.Responsibilities:
• Business partnering internally with Project Finance and Business Development teams by providing expertise in IFRS, Tax, Zakat, WHT, and VAT matters.

Al-Jubial, Eastern Region, Saudi Arabia

• Gulf Steel Works is a premier fabricator of process equipment and heavy structures for industries like hydrocarbon processing, petrochemicals, and power generation. GSW, based in Jubail, offers innovative manufacturing.
• Cost Allocation Enhancement: Identified and resolved a cost allocation discrepancy, significantly improving project cost accuracy. This enhancement ensured more precise bidding and enhanced the accuracy of financial.
• Efficient Reporting and Budgeting: Spearheaded the automation of monthly reporting and budgeting processes, resulting in a remarkable 99% accuracy rate with key performance indicators (KPIs) and a reduction of 10 days.
• IFRS & VAT Implementation, Audit Excellence, Delivered a total of 6 reviewed audit reports, including 4 statutory and specialized purpose audits, 4 due diligence reports, and 2 IKTIVA reports within a span of 2 years.
• SAP HANA FICO Implementation.Responsibilities:
• Finance partner to the Business Units, Providing routine and ad hoc management reporting.

Dammam KSA

• Leading the business units accounts department (4 direct reportees)
• Ensuring consolidated meaningful monthly financial reporting for all group.
• Preparing and updating financial projections and business plans, including 5 year rollingFinancial Projections and business plans across the Group which are annually updated andsigned-off.
• Coordinating and reviewing annual budget, analyzing and reporting variances on monthly basiswith actual results.
• Taking lead in preparing, updating company's finance policies procedures and ERP system.
• Arranging new sources of financing by considering prospective strategic direction of company

Pakistan, Saudi Arabia

My experience of more than 6 years continues with cross-functional teams on statuary audits, half yearly reviews, financial advisory projects, feasibility reports, due diligence etc. with major industries of Textile, Service providers, Chemical, Food, Non-Profit Organizations, Financial Institutions etc and Government Departments.My employers honed me.

Pakistan

-Statutory Audits and Taxation assignments as belowGujranwala Food Industry Pakistan (Manufacturing)Iqra woollen mills Pakistan (Textile)Islam lubricants (Chemicals)Jinnah welfare society (NGO)Organization for participatory development (NGO)CC Factories Pvt Ltd (Manufacturing) Plifo industries Pvt Ltd (Manufacturing )Sadiq woollen mills Pvt Ltd.

Fcca, Accounting And Finance

Activities and Societies: Misc Training sessionsStudy & Work

Aca, Accounting And Finance, Audit, Tax , Strategy

Activities and Societies: Work & StudyACA

Bachelor'S In Business And Information Technology, Computing, Databases, Networking, Programming

Activities and Societies: Curtin AlmuniStudy

Bachelors In Business And Information Technology, Information Technology

Associate'S Degree, Accounting And Finance

Associate'S Degree, Accounting And Finance

ACA