Muhammad Junaid Email & Phone Number

London, GB

Riyadh, Saudi Arabia

Islamabad, Islāmābād, Pakistan

• Youngest board member - providing financial/commercial analysis and recommendations to drive effective strategic decision making.
• Presenting compelling business cases to customers by employing business modelling and leveraging strong relationship with the customer’s Commercial and Finance/tax teams.
• Detail Oriented – creating value and mitigating risks by reviewing supplier and customer contracts.
• Financial Controlling and Budgeting / Forecasting. Reviewing and approving business cases/plans presented by commercial teams/BUs.
• Reviewing management accounts and reporting packs of the company. Identifying and suggesting improvement areas of operational in-efficiencies and budget over-runs.
• Directly investing and managing a diverse investment portfolio with investments in sectors ranging from Steel, Property, Telecom Infrastructure, Agriculture and end user gardening products. Average annual ROI of ~ 35%

Islamabad

• Financial Reporting and Enhanced Management Reporting. Presenting convincing business cases to C-level management on cost rationalisation / smart spend and leading the projects to achieve desired outcome.
• Formulating Tax Strategy. Minimising tax exposure by adopting best practices and compliance of business operations with all relevant tax laws.
• Devising strategy on ongoing litigations and ensuring all legal covers available to the company are availed and proper grounds of appeals are prepared and argued at the appellate forums.
• Creating value through Efficient Working Capital Management.
• Business Case modelling and investment appraisals using DCF models such as IRR and NPV.Major Projects:
• Covering certain tax risks by availing the tax amnesty scheme. Saving ~50m.

Islamabad

• Internal Reporting:
• Reporting financial results of the company to parent company Vimpelcom on monthly, quarterly and annual basis through Hyperion Financial Management (HFM) module.
• Responsible for getting quarterly package signed by external auditors with clean report
• Preparation of internal memorandums documenting treatment of complex accounting transactions under International Financial Reporting Standards (IFRS) and US GAAP
• Balance Sheet and profit and loss reconciliations for Intergroup transactions and resolution of difference
• Purchase Price Allocation and Push down accounting journals

Islamabad, Pakistan

• Mergers & Acquisitions: Tax planning and evaluation of merger & acquisition transactions.
• Project Management: Leading and coordinating implementation of major tax changes.
• Audits, Appeals and Litigations: Devising legal strategy, attending hearings before authorities and finalizing audits and assessments.
• Tax budgeting and advisory: Preparing business plans from tax perspective and providing appropriate tax advice in business transactions / contracts.
• Compliances: Preparing and filing of Monthly Sales tax return of JAZZ/PMCL and subsidiaries. Major Projects:
• Tax and financial evaluation of a merger / acquisition transaction (Warid)

Islamabad, Pakistan

• Ensuring compliance of indirect taxes and filing of monthly Sales tax returns for all the companies in the group.
• Advising Payroll staff on the tax liabilities / tax payable on remuneration.
• Liaising with the tax consultant and tax authorities for on-going audits and litigations and updating management.
• Vetting commercial offers and legal agreements from tax perspective (direct & indirect) to ensure compliance of local and international tax laws.
• Handling Tax officials in a manner which ensures that our understanding is made clear to the officials and the interests of the company are safeguarded.Major Projects:
• Obtaining refund from Tax authorities for $9m in 2014.

Islamabad

• Preparation of undistributed invoices report on a weekly basis for all the departments of the company.
• Preparation of AP & payment status dashboard in an efficient and timely manner. Highlight the key areas and improve the information flow of the report such that it provides an overall/broad view to the management.
• Scrutinizing the Expense Claim Form (ECF) invoicing process flow & make sure that all the claims are according to the defined policies & procedures.
• Vetting and accurate processing of Cell Site rent schedules on a monthly basis.
• Vetting and accurate processing of supplemental and new cell site rent schedules.
• Preparing Hyperion schedules for group reporting such as the bifurcation of Capex and Opex and the realized and unrealized foreign exchange gain/loss of all entities on a monthly basis.

Acca, Pass

Activities and Societies: Foreign Student Society-PakSoc

2:1, Bs In Applied Accounting