Career Summary: Achieved 15 years of experience. Credentials are: 1. Daraz Bangladesh Ltd - CFO2. Agile Minds Solutions Ltd - CFO3. Aman Group Ltd - CFO4. Energypac Electronics Ltd-Head of Fin & Accounts5. Rahimafrooz(BD)Ltd - Manager, Treasury & ReportingAcademic Qualification:• MBA in Finance from IBA - University of Dhaka, year – 2007 (Batch No: 40D)• M. Com. (Accounting) - National University, year – 2002Professional Qualifications: "Registered Income Tax Practitioners (ITP)" by the National Board of Revenue (NBR).Proficiencies:• Strategic Financial Planning• Financial Analysis and Reporting• Budgeting and Forecasting• Banking, Treasury and Fund Management• Cost Optimization• Product Costing and Pricing• Payroll and Office Administration• Performance Metrics and KPIs• Team Leadership• Stakeholder Management• Policy Formulation and execution• Technology IntegrationDeliverables:I gained diversified skills and expertise in the Finance and accounts arena. I also possess the essential knowledge to oversee, formulate and execute strategy in Marketing, Sales, Supply Chain, HR & Payroll and Company secretarial functions. Here are some areas where I love to work and can deliver efficiently.• Financial Management: I can prepare and validate your business plan/forecast for any period you need. I can optimise resource allocation and drive profitability.• Financial Analysis and Reporting: I can develop your management reporting structure, assist you in reviewing/analysing your business's health, and make required strategic decisions from investors' / owners' perspectives.• Stakeholder Relationship Management: I can cultivate and maintain strong relationships with key stakeholders, including clients, vendors, and partners.• Business Expansion: I can contribute to the company's growth and expansion by evaluating new business opportunities by conducting financial feasibility studies with the support of capital budgeting tools and other analyses.• Performance Optimization: I can set and review performance metrics and key performance indicators (KPIs) to improve operational performance across the departments.• Operational Efficiency: I can implement streamlined processes and operational improvements, resulting in cost savings and increased productivity.• Team Management: I can oversee and motivate cross-functional teams, fostering a collaborative work environment that drives high-performance outcomes.• Developing Policies and Agreements: I can prepare your required policies and agreements in many of the areas of the company.
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Vice PresidentSiam City CementDhaka, Bd -
Chief Financial OfficerDaraz Bangladesh Ltd Jul 2023 - Mar 2024Asfia Tower, House-76, Road-11, Block-E, Banani, DhakaJob Responsibilities: I lead a team of 52 personnel across the various sub-teams within the finance department. I oversee and coordinate these sub-teams' financial activities, including Procurement, Planning & Reporting, Logistics Finance, Marketplace Commercial Finance, Retail Commercial Finance, Customer Prepayment & Refund, Treasury & Payment, and Collection. My role involves providing strategic guidance and financial leadership and ensuring adequate financial planning, budgeting, and reporting processes are in place. By aligning financial strategies with the goals of other company functions like Marketing, Commercial/Sales, IT, HR & Admin, Customer Service and overall Operations, I strive to drive growth, profitability, and efficiency within Daraz Bangladesh.Selected Achievements: a) Synchronization/Automation of the company’s trade and non-trade procurement.
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Chief Financial OfficerAgile Minds Solutions Ltd Dec 2021 - Jun 2023Awr Nib Tower, House 99, Level 11, Road 11, Block C, Banani, Dhaka-1213Job Responsibilities: Responsible for running the entire functional activities of the "Finance & Accounts" for each of the 14 sister concerns of the Group. The responsibilities included establishing Budget & Budgetary Control, Process and reporting standardisation, Strategic Planning, Financial Reporting, local and foreign funding, Costing, Store & Inventory Management, Commercial & Supply Chain, Compliance & Regulatory Affairs, etc.Selected Achievements: a) I Implemented a monthly "BPR" Business Performance Review for each sister concern of the Group from January 2022 while maintaining a strict deadline. -
Chief Financial OfficerAman Group Ltd Feb 2020 - Nov 20212, Ishakha Avenue, Sector-6, Uttara, Dhaka, BangladeshJob Responsibilities: I was responsible for group treasury operations and managing more than BDT 5,500 crores of bank loan liabilities for all the 20+ concerns of the Group. In addition, I did many financial modelling and management reports with strategic insights for the Board.Selected Achievements: a) I Introduced a monthly treasury booklet comprising all bank loan information with actionable recommendations for the Shareholders. -
Head Of Finance & AccountsEnergypac Electronics Ltd Jun 2017 - Dec 2019270 Novo Tower, Tejgaon I/A, Dhaka-1208, BangladeshJob Responsibilities: Besides the routine tasks of the Head of Finance and Accounts, I have conducted feasibility studies for new business projects/products and provided investment recommendations to the Board Members. Additionally, I have analysed and prepared product costs for all SKUs, allocated common costs, and determined product margin and product line profitability. Moreover, as the acting "Company Secretary," I have successfully conducted ten quarterly Board Meetings. Furthermore, I have served as the member secretary of the Audit Committee, a member of the Executive Committee (EC), and a trustee of the Company's Provident Fund. Selected Achievements: a) Implemented SAP S4 HANA (Go Live on 01-07-2019) as the BPO of the FI & CO module by 12 months' project time. b) Implemented a new "Credit Policy" that transitioned the company from credit-based to cash-based operations. This strategic shift effectively reduced receivables and significantly improved the company's liquidity situation during 2017-18 and 2018-19.c) Restructured distribution channels and processes by implementing a "Central Distribution System" (CDS). It reduces 30% of delivery expenses effective from April’2019. -
Manager - Treasury And ReportingRahimafrooz (Bangladesh) Ltd. Mar 2008 - May 2017BangladeshJob Responsibilities: During my tenure at the company, I held various positions and consistently made significant contributions. Starting as a Senior Officer in March 2008, I progressed through the ranks, achieving five promotions and finally being appointed "Manager, Treasury and Reporting."In this role, I managed funds at favourable terms and conditions while ensuring optimal utilisation. I closely monitored the bank loan requirements for all Sister Concerns, including the Group, and ensured timely debt service and clean CIB reports. Additionally, I provided reports on business analytics, analysing the performance and position of all Sister Concerns. This helped and enabled GCFO and Board members to make decisions. Lastly, I actively contributed to finalising the Annual Business Plan for all Sister Concerns and the Group. Selected Achievements: a) Established centralised treasury administration for all Sister Concerns in 2014 through single point fund management discipline by almost six months' effort.b) Successfully floated six years Annual Business Plan (ABP) of Rahimafrooz Group, i.e. from 2011-12 to 2016-17, with a range of Top Lines from 1600 crore to 2400 crore approx.c) Developed and continued the Monthly Management Information System (MIS) for all Sister Concerns & Groups from 2012.
Md. Abdur Rauf Skills
Md. Abdur Rauf Education Details
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Accounting -
Naogaon Zilla SchoolScience -
National Board Of Revenue (Nbr)Registered Income Tax Practitioner (Itp)
Frequently Asked Questions about Md. Abdur Rauf
What company does Md. Abdur Rauf work for?
Md. Abdur Rauf works for Siam City Cement
What is Md. Abdur Rauf's role at the current company?
Md. Abdur Rauf's current role is Vice President.
What schools did Md. Abdur Rauf attend?
Md. Abdur Rauf attended Institute Of Business Administration, University Of Dhaka, National University | Bangladesh, Naogaon Zilla School, National Board Of Revenue (Nbr).
What skills is Md. Abdur Rauf known for?
Md. Abdur Rauf has skills like Business Planning, Business Strategy, Financial Modeling, Financial Reporting, Automation And Change Management, Credit Analysis, Banking, Risk Management, Strategic Policy Development, Legal Issues Handling, Negotiation, Team Management.
Who are Md. Abdur Rauf's colleagues?
Md. Abdur Rauf's colleagues are Narongdet Chandoungta, Tharindu Thushantha, Khoa Nguyen, Siri Amraram, Thang Trieu, Pornchai Tuampan, Jiraporn P..
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