Nauman Khalid Email & Phone Number

• Hands on exposure in implementation and post implementation reviews of ERP solutions • Implementation of reporting and business analytics software as a top layer on ERPs.• Corporate and finance organizational development, ensuring profitability and cost control, improving cash operating cycle, streamlining systems & processes. • An experienced Financial/Business Analyst specialized in understanding new businesses, processes, conducting gap studies, business process… Show more • Hands on exposure in implementation and post implementation reviews of ERP solutions • Implementation of reporting and business analytics software as a top layer on ERPs.• Corporate and finance organizational development, ensuring profitability and cost control, improving cash operating cycle, streamlining systems & processes. • An experienced Financial/Business Analyst specialized in understanding new businesses, processes, conducting gap studies, business process re-engineering to improve work efficiency through application of analytical process, improving skills, process automation through RPA, that drive business operations to success. • Subject matter expert on Corporate Governance aspects, Risk Management Analysis, Financial and Internal Control frameworks and Policy structuring through developing, communicating, and enforcing policies, procedures and SOPs.• Developing strategic, corporate budgets, plans and balanced scorecards for the business units. Implementing change through developing functional objectives, aligning them with organizational objectives, building proficient teams through restructuring and coaching where needed. • Experienced in preparing feasibility reports, pricing, costing, acquisitions, expense tracking, negotiation and arrangement of project finances, funded and non-funded facilities as well as greenfield projects and debt restructuring. • Experienced in debt and capital restructuring including negotiation of new debt, restructuring of debt, capital reduction and right issue of capital.• Demonstrated Abilities in: • Cost Volume Profit Analysis • Commercial Acumen• Cash flow, cost control and profitability management • Debt and organizational restructuring.• Financial Reporting, IFRS, Developing policies, procedures and SOPs• Business Process Re-engineering including RPA. • Tax Planning, VAT implementation and compliance •Business, Financial Analytics • Power BI Show less

United Arab Emirates

Company Profile: The company is listed on Tadawul (Saudi Arabia) and has operations in several countries across GCC, Africa and Far East. Its core businesses include modular housing (one of the most advanced and largest in Middle East), affordable housing, facility management and building materials including paints (Sherwin Williams manufacturer and dealer in Saudi Arabia). The company has over 2000 employees, manufacturing facilities in 4 countries and has delivered projects in 65 countries… Show more Company Profile: The company is listed on Tadawul (Saudi Arabia) and has operations in several countries across GCC, Africa and Far East. Its core businesses include modular housing (one of the most advanced and largest in Middle East), affordable housing, facility management and building materials including paints (Sherwin Williams manufacturer and dealer in Saudi Arabia). The company has over 2000 employees, manufacturing facilities in 4 countries and has delivered projects in 65 countries across the world in past 4 decades.Being Group Financial Controller, I have reported to the GCFO and then GCOO while acting as a Chief Financial Officer for almost six months. There are 4 Managers reporting directly to me and there are 33 members in the accounting team across 4 different entities and 3 different countries. During my tenure as Acting CFO I have presented to the Audit Committee and Board independently for year end and quarterly results.Achievements:1. Led finance team for reduction of share capital (completed) and merger with First Fix (completed) and led finance team for finance and legal due diligence.2. Implemented a 13-week cash flow process for KSA, UAE and as a group with the help of Alix Partners and implemented weekly cash committee with stakeholders for UAE and KSA resulting in turning around negative cash forecasts into positive.2. Arranged project finance facilities of around SAR 400M both funded and non-funded.3. Worked on proposals of mega projects like NEOM, The Red Sea Development Project, EXPO, Royal Commission of Al Ulla etc., and set up their project committees as well once won. 4. Negotiated and completed divestment in Red Sea PNG. Show less

Abu Dhabi, United Arab Emirates

Company Profile: The group is engaged in affordable accommodation, providing hard and soft facility management services, commercial catering and commercial laundry. It has a capacity for 87 Tones per day in laundry, can serve up to 40,000 meals at a time and accommodate 55,000 people in its worker cities across UAE in 4 different worker cities. The group is operating in UAE and KSA. Being Group Financial Controller, I am reporting directly to the Chairman and responsible for overall… Show more Company Profile: The group is engaged in affordable accommodation, providing hard and soft facility management services, commercial catering and commercial laundry. It has a capacity for 87 Tones per day in laundry, can serve up to 40,000 meals at a time and accommodate 55,000 people in its worker cities across UAE in 4 different worker cities. The group is operating in UAE and KSA. Being Group Financial Controller, I am reporting directly to the Chairman and responsible for overall finance function of the group. There are 4 Managers reporting directly to me and there are 28 accountants in the team spread across various companies and locations in devolved setup whereas, treasury and reporting functions are centralized.Achievements:1. Actively involved to restructure US $ 0.95 B syndicate and bilateral debt. Developed and implemented 13 weeks cash flow forecast. Prepared long-term forecast models of the entities in the group. 2. Developed and implemented various accounting and few operational policies for the group entities.3. Turned-around Al Madar AFM a Saudi business from a loss of US $ 0.27 M per month approximately to breakeven situation in 4 months’ time. Stabilized relations with the client (SABIC) and vendors.4. Carried out CVP analysis by segment for the affordable accommodation, catering and laundry businesses and minimized costs by 20% per month. 5. Implemented various daily and weekly reports for effective cash flow management across the group. Show less

Abu Dhabi, United Arab Emirates

Company Profile: The group is engaged in import, retail and distribution of Automotive (Mercedes Benz, Jeep, Fiat, Michelin and Bosch etc.), Real Estate, Leasing, Industrial Developments, Hospitality and Travel sectors. Approximate turnover US$ 1.2 B; 6,200 units sold and 1,450 employees work for the group.Head of Corporate Accounting Services (Finance Director) Main Responsibilities: (5 Managers, 26 Accountants)1. Leading and restructuring centralized accounting function… Show more Company Profile: The group is engaged in import, retail and distribution of Automotive (Mercedes Benz, Jeep, Fiat, Michelin and Bosch etc.), Real Estate, Leasing, Industrial Developments, Hospitality and Travel sectors. Approximate turnover US$ 1.2 B; 6,200 units sold and 1,450 employees work for the group.Head of Corporate Accounting Services (Finance Director) Main Responsibilities: (5 Managers, 26 Accountants)1. Leading and restructuring centralized accounting function for Automotive Importer Distributor, Real Estate, Vehicle Leasing, Industrial Developments and few BUs of Hospitality. (5 ERPs and 11 different companies) 2. BPR including RPA, ERP implementations, Financial System implementation.3. Tax Planning, VAT implementation and compliance4. Organizational development, financial management and control framework.5. IFRS compliance and implementation. Policies, procedures and SOPs developmentAchievements:1. Implemented plans for identification and removal of skill and qualifications gaps within the finance team. Enhanced roles of my direct reports which helped in retaining the high-performance workforce on critical positions and in implementing effective succession planning. 2. Led evaluation, selection and now actively involved in implementation of Treasury Management System (TMS) and Property Management System (PMS).3. Steered business process re-engineering BPR exercise for finance department and implementation of RPAs (Bank Recons, Inventory and Incentives). 4. Set up a VAT function within accounting function. Led and overseen transaction mapping exercise for the group. suggested solution in light of VAT law and executive regulations.5. Led review, development and implementation of DOA at cross-functional level. Developed 22 different SOPs.6. Successfully implemented new credit policy across the group catering to 2,500 customers and US$ 150 M worth of receivables. 7. IFRS 15 & 9 implementation. Show less

Jeddah, Makkah, Saudi Arabia

Company Profile: The group is one of the largest in the Kingdom of Saudi Arabia and deals in premium and mass motors, FMCG, restaurants, financial and property businesses. They represented and were authorized importer and distributors of Jaguar Land Rover, Rolls-Royce, BMW, Mini, Hyundai passenger and commercial vehicles in the KSA to name a few automotive dealerships during my tenure.My responsibilities being the Finance Director included to oversee accounting and finance functions… Show more Company Profile: The group is one of the largest in the Kingdom of Saudi Arabia and deals in premium and mass motors, FMCG, restaurants, financial and property businesses. They represented and were authorized importer and distributors of Jaguar Land Rover, Rolls-Royce, BMW, Mini, Hyundai passenger and commercial vehicles in the KSA to name a few automotive dealerships during my tenure.My responsibilities being the Finance Director included to oversee accounting and finance functions spread over 11 locations around the Kingdom, to support MD and to develop, implement and align divisional policies with the group, managing cash flows and suggesting profitability improvements. I have led three ERP implementations during my stay with the group at three different divisions and several automation projects. Further, I have been actively involved and served on project committees for construction of large 3S projects. I have managed division with turnover of US $ 1.2 B and teams of 4 Managers and 38 Accountants. Show less

Jeddah, Saudi Arabia

Achievements: 1. Led a comprehensive review of account receivable balances, their reconciliations and renegotiation of contracts with them which resulted in decrease of their balance from US$ 52 million to under US$ 26 million. 2. Successfully re-negotiated credit facilities with principal for increase of limit from $60M to $138M. 3. Active involvement in project committee for design, construction, and commissioning of three large 3S projects and two small multi brand facilities… Show more Achievements: 1. Led a comprehensive review of account receivable balances, their reconciliations and renegotiation of contracts with them which resulted in decrease of their balance from US$ 52 million to under US$ 26 million. 2. Successfully re-negotiated credit facilities with principal for increase of limit from $60M to $138M. 3. Active involvement in project committee for design, construction, and commissioning of three large 3S projects and two small multi brand facilities worth $ 75 million for JLR. Further, prepared feasibility studies of new showrooms at Riyadh, 3S facilities at Riyadh, Khobar and Motorrad BMW.4. Carried out detailed CVP and gross margin analysis by location and segment for JLR and BMW.5. Led Autoline implementation, upgradation and post-implementation review and validation for different automotive divisions. Automation of training, marketing and CapEx workflow through SharePoint for actual vs budget control. Led implementation of Autoline and migrations from AS400 and SAP to Autoline system for HPV. Led design of unified chart of account and reporting structure for automotive group for BPC for JLR, BMW and HPV. 6. Led development of automotive group wide new credit policy and limits by customer and sector. Further, I developed and implemented policies regarding revenue recognition, fixed assets, inventory, cash cycle counts and credit control framework. Furthermore, developed and implemented policies relating to deposits refunds to mitigate risks and gaps identified in audit findings within allocated time frame for BMW. Led a comprehensive system and process review on inventory ordering, identified risk and implemented corrective actions to mitigate risks for Hyundai HPV.8. Gap analysis and process changes to comply with Ministry of Commerce and Industry Rules for whole automotive sector.9. Finalization of yearly and strategic Corporate Business Plans based on the inputs from various functions for both JLR and BMW. Show less

Sundar Industrial Estate, Raiwind Lahore, Pakistan

Company Profile: Packsol is a diversified enterprise and comprises of three companies dealing in manufacturing of plastic packaging products, export of home textiles and steel manufacturing. Being the Founder and Director, I was involved in setting up a green field project of plastic manufacturing (PET bottles from resin). Achievements:1. Established banking relations from scratch and arranged funded and non-funded facilities for new Greenfield PET pre-form and bottle… Show more Company Profile: Packsol is a diversified enterprise and comprises of three companies dealing in manufacturing of plastic packaging products, export of home textiles and steel manufacturing. Being the Founder and Director, I was involved in setting up a green field project of plastic manufacturing (PET bottles from resin). Achievements:1. Established banking relations from scratch and arranged funded and non-funded facilities for new Greenfield PET pre-form and bottle manufacturing unit situated at Sundar Industrial Estate, Lahore and for import of scrap and other metal raw materials for steel manufacturing and trading unit.2. Developed and implemented financial, internal control framework and proper financial statement closing process. 3. Conducted a cost-benefit and marginal costing analysis of loss leading products and automated the preparation of quantitative cost accounts thus improving GP by 5% Show less

Company Profile: EY is one of the leading firms in Pakistan providing audit, business risk services, consulting, financial advisory and tax services. Being the Assistant Manager Audit and BRS, I led statutory audits of listed, non-listed and multinational companies, banks and insurance companies. Further, I set up a department of Business Risk Assurance and Advisory Services at Lahore under supervision of a partner from Karachi Office. I led teams of 2-46 members on various… Show more Company Profile: EY is one of the leading firms in Pakistan providing audit, business risk services, consulting, financial advisory and tax services. Being the Assistant Manager Audit and BRS, I led statutory audits of listed, non-listed and multinational companies, banks and insurance companies. Further, I set up a department of Business Risk Assurance and Advisory Services at Lahore under supervision of a partner from Karachi Office. I led teams of 2-46 members on various assignments.Achievements:1. Set up a new department at Lahore office for Business Risk Assurance and Advisory Services. 2. Led merger of Al-Baraka Islamic and Emirates Islamic Bank. 3. Involved in setting up a new department at Lahore office for Business Risk Assurance and Advisory Services. 4. ERP implementation assistance (SAP: ICI Pakistan. Oracle based development: Himont Pharmaceutical, Sahiwal Christian Hospital and Maple Leaf Cement)5. Post ERP implementation reviews, (ICI Pakistan: Paints, Polyester and Soda Ash Business Units)6. Outsourced internal audits and special assignments of various multinational and domestic clients including Pakistan’s largest retail chain.7. Preparation of feasibility studies of various projects and arrangement of funds and negotiations with financial institutions.8. System reviews and business process reengineering services Show less

Lahore, Pakistan

As an Audit Trainee:• I had substantial exposure of carrying out due diligences review/agreed upon procedures engagements in:• Manufacturing concern’s review of Sales tax returns for compliance with the relevant statute and recommendations thereon.• Review of compliance with loan and other agreements by a large utility provider with the World Bank and the Government of Pakistan.As a leader of 2 to 12 member teams:• Review of compliance with loan and other agreements by a… Show more As an Audit Trainee:• I had substantial exposure of carrying out due diligences review/agreed upon procedures engagements in:• Manufacturing concern’s review of Sales tax returns for compliance with the relevant statute and recommendations thereon.• Review of compliance with loan and other agreements by a large utility provider with the World Bank and the Government of Pakistan.As a leader of 2 to 12 member teams:• Review of compliance with loan and other agreements by a large utility provider with the World Bank and the Government of Pakistan.• I worked in on several large-scale external audits, special assignments, corporate finance, financial analysis and planning assignments. Additionally, systems development work (including development of policies and procedures and reporting framework) and senior level Assurance function responsibilities on secondment to some of A F Ferguson leading MNC clients (The Coca-Cola Export Corporation) has enabled me to develop keener understanding of organizational and process-level issues.• Reporting directly to my Client Service Partner my functional responsibilities remained in the areas of accounting and auditing where I’ve been responsible for carrying out various assignments of statutory audits for compliance with relevant International accounting/auditing standards, compilation of financial information, examination of accounting systems and the environment in which they operate, critical analysis of systems of internal accounting controls and recommendations to established accounting systems.• I have been engaged in a number of accounting, assurance, taxation and consultancy assignments where I worked on a series of clients ranging from the largest public sector Government organizations to large local and multinational manufacturing concerns and financial institutions where I have demonstrated abilities to review and diagnose weaknesses in accounting systems, interpret financial data and report thereon. Show less

Fca, Accounting, Finance, Audit

Cisa, Information System Audit And Control