Imaad Soofi - Fcca Email & Phone Number

Toronto, ON, CA

Dubai, United Arab Emirates

• Tasked with developing the bedrock of financial reporting structure and corporate strategy
• Full responsibility to manage the budget of $8m including hiring plan
• Implemented finance manual to overcome control weaknesses thereby improving process efficiencies by 10%
• Core areas of high cost identified across the spectrum and achieved a cumulative cost reduction of 12%
• Contributed to the drafting and implementation of the corporate strategy coupled with a 5-year business… Show more
• Contributed to the drafting and implementation of the corporate strategy coupled with a 5-year business plan

Dubai, United Arab Emirates

• Responsible for the overall finance & operations of the Company
• Established and maintained robust financial systems, processes and controls by implementation of ERP – Migrated from JD Edwards to Oracle Financials resulting in 25% efficiencies;
• Tasked with identifying and enforcing medium term cost saving measures during the turbulent pandemic business environment – achieved an aggregate of 30% cost reduction;
• Partnered with the CEO & Group CFO for the implementation of the… Show more
• Partnered with the CEO & Group CFO for the implementation of the strategic business plans with an emphasis on cost optimization resulting in an overall cost reduction 28% through efficient sourcing, renegotiating.
• Reduced the annual budgeting & external audit activity timelines by 50 days on a YoY basis

Dubai, United Arab Emirates

Karachi Pakistan

• Represented the organization’s financial progress to stakeholders with the preparation of the statutory standalone and consolidated financial statements. Lead the external audit activity & submission of Annual report.
• Reduced duration of monthly reporting from 7 working days to only 3 working days and the external audit activity duration by 1 month on a YoY basis;
• Formulated & automated the preparation of annual budgets for board approval thru state-of-the-art… Show more
• Formulated & automated the preparation of annual budgets for board approval thru state-of-the-art processes reducing the lead time by 15% and report efficiency by 20%;
• Contributed to the restructuring assignment of the organization resulting in a demerger of existing business into two entities;
• Assigned with an organization wide cost rationalization initiative. Core areas of expense identified and 12% cost save accomplished thru domestic sourcing, centralized procurement, outsourcing and cost allocation SLA’s.

Karachi, Pakistan

Karachi, Pakistan

• Managed the large team in 3 different locations and time zones
• Established the direction for the internal audit function by implementing policies, manuals & procedures, reporting and scope
• Preparation of internal audit reports highlighting key risk areas and likely impact on business performance, suggested and implemented viable and strategic output for way forward to senior management
• Supported management through monthly control weakness review and risk identification &… Show more
• Supported management through monthly control weakness review and risk identification & mitigation for an effective control environment and streamlined business processes
• Lead the ERP implementation and the change management inherent to the process

Karachi, Pakistan

Certified Chartered Accountant, Accounting & Finance

FCCA - fellow membership status awarded

Bachelor'S Degree, Accounting & Finance

Graduated with honors with an emphasis on Corporate Social Responsibility & Sustainability

Certified Accounting Technician

High School