I have vast experience in Finance, IT and business transformations, technical accounting, financial planning and analysis, budgeting and forecasting, financial controls and auditing. I have worked in three different countries and have extensive IFRS, UK and US GAAP experience.I have been involved in due diligence, financial analysis, planning and designing and implementing controls.I have significant expertise across the telecommunication, technology, manufacturing, retail and service sectors. Significant technical accounting, project management, people management and cost reduction experience.Specialties: Financial control, cost reduction, working capital and cashflow management, budgeting and forecasting, planning and analysis. ORACLE, HYPERION, SAP, BW and COGNOS.IFRS, UK GAAP, project management and outsourcing.
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Chief Financial OfficerBestway Cement Limited Aug 2024 - PresentIslamabad, Islāmābād, PakistanCFO at Bestway Group of companies in Pakistan, which includes:- Bestway Cement Limited (BWCL) which is the largest cement producer in Pakistan with more than 15.3 million tonnes per annum production capacity;- Bestway Packaging Limited (BPL);- Bestway Consultancy Services Limited (BCS); and- Bestway Renewable Technologies Limited (BReT)Responsible for entire Finance, Treasury, Accounting, Project Finance, Mergers & Acquisitions, for Bestway group companies in Pakistan. -
Acting Chief Financial OfficerBestway Cement Limited Jan 2023 - Aug 2024Islamabad, Islāmābād, PakistanHead of Finance at Bestway Group of companies in Pakistan, which includes:- Bestway Cement Limited (BWCL) which is the largest cement producer in Pakistan with more than 15.3 million tonnes per annum production capacity;- Bestway Packaging Limited (BPL);- Bestway Consultancy Services Limited (BCS); and- Bestway Renewable Technologies Limited (BReT)Responsible for entire Finance, Treasury, Accounting, Project Finance, Mergers & Acquisitions, for Bestway group companies in Pakistan. -
Head Of Budgeting, Treasury And ReportingBestway Cement Limited Apr 2019 - Jan 2023IslamabadHead of the Budgeting, Treasury, and Reporting functions. Reporting to Managing Director & CFO.My role involves:- Managing UK Board reporting and coordination for group and statutory reporting.- Leading a team of 15 with 04 direct reports. Team development and coaching.- Leadership and stakeholder management & engagement.- Communicating and positively influencing multiple stakeholders at various tiers of the organization, both internally and externally.Key achievements:- Financial planning, feasibility and arrangement of SBP subsidised & conventional financing for 3 new projects costing in excess of PKR 55 billion (2021);- Arrangement of subsidised SBP financing for mutiple Solar power plants with combined capacity of around 51 MW at four of our cement production facilities (2020/21).- Re-profiling of multi billion short term debt to long term at lowest pricing possible and arrangement of SBP Salaries and wages refinance to minimise the impact of Covid-19 on the business (2020). - SAP ERP implementation at Bestway (2019). -
DirectorUbl Insurers Ltd Feb 2024 - PresentNon Executive Director -
Chief Financial OfficerBestway Consultancy Services Jan 2023 - Present -
Chief Financial OfficerBestway Packaging Limited Jan 2023 - Present -
Chief Financial OfficerBestway Renewable Technologies Limited (Bret) Jan 2023 - Present -
Senior Manager Finance Transformation (Secondment)Three. Sep 2018 - Apr 2019Maidenhead, Uk.Making Finance ready for transformation -
Senior Finance Manager Revenue AccountingThree. Oct 2016 - Aug 2018MaidenheadMy team is responsible for the accounting and reporting of all major revenue streams (c£2b annual revenue) at Three.My role involves:- Leading a team of 7 to ensure accurate accounting and reporting of revenue;- Revenue Accounting lead for IT and Business transformation projects- Review and approval of accounting for new products and propositions;- IFRS 15 implementation;- Revenue audit coordination;- Stakeholder management;- Ownership of budgeting, reporting and analysis of Handset revenue and the related receivable;- Management of handset receivable related costs and cash flows; and- Participation in strategic planning relating to definition, design and implementation of new revenue and management information systems. -
Senior Manager – Financial ReportingThree. Aug 2014 - Oct 2016MaidenheadI am responsible for 3 Mobile UK’s Financial Reporting and Cash flow financial planning and analysis.My role also involves: - Cash flow, working capital and balance sheet management, reporting and forecasting; - Management of Financial Reporting and Accounting team;- Statutory accounting & reporting process under UK GAAP (FRS 101);- Monthly group reporting process under IFRS;- Intercompany and Self-bill accounting;- External & internal audits; and- Financial Control policies and procedures.- Balance sheet review process for approximately 350 balance sheet accounts.I am responsible for preparation of the detailed balance sheet and cashflow budget and quarterly re-forecasts. This involves in-depth understanding of the business and the cashflow model.I have overall responsibility of implementing and maintaining robust controls over the balance sheet reconciliation, financial and management reporting processes.I provide technical advice on financial and management accounting issues. I am main point of contact for the group finance team.Recent experience of transition 3UK statutory accounts from UK GAAP to FRS 101 (IFRS with reduced disclosures).Experience of complex accounting areas including Mergers and Acquisitions, IFRS 15 and Leases.I am a key Oracle, Hyperion and HWL system user. -
Financial Reporting ManagerThree. Apr 2014 - Aug 2014MaidenheadI am responsible for 3 Mobile UK’s Group and Statutory Financial Reporting and financial accounting.My role also involves: - Management of Financial Reporting and Accounting team comprising of three accountants;- Statutory accounting & reporting process under UK GAAP;- Monthly group reporting process under IFRS;- Intercompany and Self-bill accounting;- External & internal audits; and- Financial Control policies and procedures.I have overall responsibility of implementing and maintaining robust controls over the balance sheet reconciliation, financial and management reporting processes.I provide technical advice on financial and management accounting issues. I am main point of contact for the group finance team.I am a key Oracle, Hyperion and HWL system user.
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Interim Financial Accounting ManagerThree. Dec 2012 - Mar 2014Maidenhead UkI am responsible for 3 Mobile UK’s Financial Reporting, Working Capital, Balance sheet and Cashflow reporting.My role also involves management of: - Cashfow, working capital and balance sheet management, reporting and forecasting;- Management of Financial Reporting and Accounting team comprising of three accountants;- Statutory accounting & reporting process under UK GAAP;- Monthly group reporting process under IFRS;- External & internal audits; and- Balance sheet review process for approximately 350 balance sheet accounts.I am responsible for preparation of the detailed balance sheet and cashflow budget and quarterly re-forecasts. This involves in-depth understanding of the business and the cashflow model.I have overall responsibility of implementing and maintaining robust controls over the balance sheet reconciliation, financial and management reporting processes.I provide technical advice on financial and management accounting issues. I am main point of contact for the group finance team.I am a key Oracle, Hyperion and HWL system user.
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Insurance Financial ControllerThe Aa May 2012 - Dec 2012Basingstoke, UkMy role involved the coordination of financial planning, reporting and control procedures across the AA Insurance and call centres. I had responsibility for implementing and maintaining efficient and effective financial controls, monthly management accounts forecasting, reporting and coordination of strategic and operational planning. Overall ownership of the financial control environment including integrity of financial processes, balance sheet and cash flow management, budget and cost control. I led the month end process and make P&L decisions. I reported to the senior management on the overall monthly performance and have the responsibility for the overall insurance financial performance compared with forecast and budget. I provided advice on technical financial accounting issues relating to the Insurance business (Motor, Home, legal, Travel insurance and Add-on products) and also had responsibility of liaising with the external auditors (Big 4). I was the main point of contact for the group finance team and also participated in group-wide projects e.g. Implementation of new SAP (BPC) management reporting system. I also reviewed the due diligence performed by the staff on the existing and potential insures and underwriters. -
Manager AuditDeloitte Uk Jul 2011 - May 2012Reading, United KingdomMy role involved management of the clients across the technology, health sciences and real estatesectors.o Industry experience (3 months secondment): Worked for a major FTSE 250 real estatecompany in group financial reporting role. I managed the financial reporting process under IFRS for alarge listed group and its subsidiaries.o I worked as S404 and Controls manager on the audit of a major US listed company. I significantly improved the quality of the audit process and receivedexcellent client service feedback.o I was also involved in a range of advisory assignments including transaction advisory support,consulting projects and other technical advice.o I also assisted with technical initiatives and contributed to the business development activities. -
Executive- AuditErnst & Young Jan 2006 - Jul 20115 years at Ernst & Young, working in the Birmingham office. I have principally worked in audit but have also worked on financial reporting engagements as well as acquisitions.A lot of experience of listed company accounts and group reporting, under IFRS, UK GAAP and US GAAP.Significant project management, people management and cost reduction experience.SpecialtiesSignificant experience with large corporates. A lot of technical accounting experience and experience of managing teams -
Audit SeniorEy Ford Rhodes Sidat Hyder, Lahore, Pakistan Aug 2001 - Oct 2005
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Executive Audit (3 Months Secondment)Ernst & Young Birmingham Jan 2005 - Mar 2005
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Audit Senior (3 Months Secondment)Ernst & Young Dubai Jan 2004 - Mar 2004
M Danish Khan Education Details
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Accounting And Finance -
Cathedral High School -
AccaAcca -
Institute Of Chartered Accountants Of PakistanCa Foundation -
Finance, General
Frequently Asked Questions about M Danish Khan
What company does M Danish Khan work for?
M Danish Khan works for Bestway Cement Limited
What is M Danish Khan's role at the current company?
M Danish Khan's current role is CFO at Bestway Pakistan.
What schools did M Danish Khan attend?
M Danish Khan attended Institute Of Chartered Accountants In England And Wales, Cathedral High School, Acca, Institute Of Chartered Accountants Of Pakistan, Government College University (Gcu), Lahore.
Who are M Danish Khan's colleagues?
M Danish Khan's colleagues are Noman Rauf, Fayaz Hussain Shah, Rabia Moin, Ibrar Hussain, Shah Rukh Khan, Adnan Khan, Naveed Iqbal.
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1ublfunds.com
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Danish M. Khan
Entrepreneur | Business Strategist | Tvet Expert | Educationist | Sustainability & Gender Specialist | Project And Program Manager | Corporate Trainer | Management ConsultantKarachi Division
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