Experienced Chief Financial Officer with a demonstrated history of working in the accounting industry. Skilled in Financial Accounting, Treasury management, Cost Accounting, and strategies development. Strong finance professional with a Bachelor of Laws - LLB focused in Law from University of the Punjab.
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Project Controls DirectorParsons CorporationRiyadh, Sa -
Project Financial Controller - Northwest Region KsaParsons Corporation Sep 2023 - PresentRiyadh, Saudi Arabia -
Project Financial Controller; Neom The LineParsons Corporation Dec 2022 - PresentRiyadh, Saudi ArabiaInnovative financial specialist with expertise in financial management, business management, corporate finance and operational excellency. NEOM; The Line is a flagship project with budget of around 500 billion USD with state of art facilities for residents. Being Financial Controller of project, I am entrusted with:• Preparation of project budgets and ensure projects are executed within budgetary constraints• Preparing forecasts used to make strategic decisions and control costs• Preparing monthly financial reports and participating in review meetings at region level (MEA)• Liaison with operational, business and client teams for effective management of the control in accordance with mutual understandings. • Ensuring the accuracy of the organization’s financial results and reports• Ensuring that financial reports comply with current accounting principles and financial reporting standards• Managing monthly billing cycle and expedite the collection of outstanding account receivables• Managing cash flow by tracking transactions and regularly reviewing internal reports• Risk Management of Projects – Identification, Mitigation Plan, and Monitoring -
Chief Financial OfficerEscorts Investment Bank Limited Feb 2018 - Dec 2022Lahore, Pakistan* Initiated and managed business strategies as well as liaison with the regulators and legal advisors. Prepared Escorts Bank’s 5 years strategic business plan.* Developed & Execute Credit Risk Assessment Criteria across the Company. (AML & CFT) * Identified issues in existing IT setup and conducted rigorous walk-through. And implementation of SAP ERP. * Actively involved in getting processes streamlined and change management for implementation of ERP leading towards paperless environment. * Introduced the concept of digitalizing the key functions of the Company, including the collection and disbursements using digital channels.* Revamped the accounting function and became first financial Company to implement newly adopted standards relating to Financial Instruments and Leases (IFRS-16 & IFRS-9).* Issuance of Right Issue and successfully completed the issue in stressed Capital market conditions. * Participated in devising new scheme for RI and negotiated with Banks and Regulators to devise a new genre in Escrow arrangements saving millions of rupees to the Company. (approx. 22% saved on overall cost of Issue)* Actively participated in ALCO, Investment, ERP Steering and Credit Committees.* Prepared Contingency Funding Plan and proposed partnering strategy to strengthen Brand Value.* Managing treasury and investment functions involving more than Rs. 1.20 billion.* Development and training of Compliance and Risk functions of the Bank. -
Advisory ManagerRiaz Ahmad And Company, Chartered Accountants Jun 2017 - Jan 2018Lahore, Pakistan
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Senior Audit AssociateRiaz & Co., Chartered Accountants Nov 2013 - May 2017Lahore, Pakistan
M Usman Khalid Education Details
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Accounting And Finance -
University Of The PunjabIi Division
Frequently Asked Questions about M Usman Khalid
What company does M Usman Khalid work for?
M Usman Khalid works for Parsons Corporation
What is M Usman Khalid's role at the current company?
M Usman Khalid's current role is Project Controls Director.
What schools did M Usman Khalid attend?
M Usman Khalid attended The Institute Of Chartered Accountants Of Pakistan, University Of The Punjab.
Who are M Usman Khalid's colleagues?
M Usman Khalid's colleagues are Maryann Kelly, Noura Albalawi, Christopher Thomas, Christina Martin, Hesham Hussein, Violet Stockbridge, Khalifa Aldoseri.
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M. Usman Khalid
It/Erp Operations & Projects Management Professional | Digital Transformation Enabler | Pmp®, Prince2®, Cgeit®, Itil®, Sap® (Abap & Activate Project Management) And Cisco® Certified AssociatePakistan1yahoo.com
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