Rehan Farhat Email & Phone Number

Washington, Dc, Us

Karāchi, Sindh, Pakistan

Heading Financial Accounting Consultancy Service line at Corplution. We mainly offer Accounting, financial consultancy with taxation support and company registration. Accounting & Book-keepingBacklog AccountingAccounts department setupsSoftware implementationChart of accounts & Scheme of entriesMaintenance of Accounting booksFinancial Statements PreparationBudgeting & Variance Analysis Financial Planning & Analysis (FP&A)Financial Modelling (FM)MIS ReportingStart-up Advisory and setupFinancial InvestigationsFinancial feasibility studies

Karāchi, Sindh, Pakistan

- Lead the supply chain services function of EY Ford Rhodes related to Technology, Real Estate (transaction management, design and construction, workplace procurement and lease/sublease administration), Administrative Work Services (AWS) , Brand Marketing & communication (BMC), & Travel, meetings & events (TME) services- Adoption and implementation of EY Global and EY MENA policies and procedures- Ensured compliance with risk management processes (Independence, supplier risk assessment, contract drafting etc.)- Actively took part in implementation of SAP and tested various scenarios to enable go-live.- Hands on user experience in R2R, C2I and S2P (SAP MM and SRM), approving purchase requests, quotations, purchase orders and invoice management, category management,.- Regular interactions across the board with geographically spread teams, with focus on Continuous Improvement, cost reduction strategies, Enterprise mindset.

Karāchi, Sindh, Pakistan

- Led the supply chain function for the southern region, managing a portfolio of 400 school SKUs.- Administered annual budgeting and procurement processes, ensuring alignment with organizational policies and achieving cost savings through strategic sourcing and negotiations.- Directed order management and category management activities, leading a core team of 3 and indirectly overseeing a broader team of 52.- Streamlined processes to enhance efficiency and accuracy in order fulfillment.- Conducted comprehensive supplier evaluations and onboarding processes, assessing supplier performance, compliance, and capability to meet organizational standards and requirements.- Cultivated and maintained strong relationships with key suppliers, obtaining favorable terms on principled negotiation and fostering collaborative partnerships to support business objectives and enhance supply chain reliability.- Coordinated logistics operations, including deliveries and transportation management, to ensure timely and cost-effective distribution of goods.- Developed and tracked performance metrics to monitor supply chain effectiveness, providing regular reports and insights to senior management for informed decision-making.- Identified and mitigated supply chain risks by implementing contingency plans and maintaining proactive communication with suppliers and internal stakeholders.- Initiated and led process improvement projects aimed at optimizing procurement workflows, reducing lead times, and enhancing overall operational efficiency.- Collaborated with cross-functional teams, including finance, operations, and sales, to align procurement strategies with organizational goals and address any supply chain challenges.- Conducted market research and trend analysis to stay abreast of industry developments, emerging technologies, and supplier innovations, applying insights to procurement strategies.

Pakistan

- Reviewed and analyzed periodic financial performance of multiple branches in two provinces, ensuring compliance and financial health of branches.- Provided technical advice and guidance on financial matters to branch management.- Prepared and managed annual CAPEX and OPEX budgets to optimize financial resource allocation.- Conducted accounting oversight, ensuring accurate financial reporting and compliance with regulations.- Monitored and maintained the financial health of branches through continuous and detailed financial analysis.

Karachi, Pakistan

- Financial reporting and payments for DHA Head office, Leisure Clubs, Educational Institutes & Provident Fund.- Managed payments function for DHA Head office- Acted as focal person for internal and external audits- Ensured compliance with Real Estate development accounting policies

Karachi, Pakistan

- Daily funds position reporting and accounting for treasury transactions- Managed Accounts payable (AP), General Ledger (GL) & bank statement reconciliations in Oracle Financial, - GL posting and financial statement preparation of fully owned subsidiaries.

Karachi, Pakistan

- Led high-performance audit teams through the planning, execution, & conclusion of statutory audits, advisory engagements, & special assignments.- Managed all aspects of audit engagements, including client relationship management, scope definition, and final reporting, ensuring compliance with IFRS and applicable corporate laws.- Coordinated with professionals across various fields, including legal and IT experts, to resolve critical reportable matters promptly.- Conducted annual statutory audits and interim reviews, covering major functions such as treasury operations, branch operations, and loans & advances portfolios.- Ensured financial reporting in accordance with IAS/IFRS, local laws, & regulatory requirements, including compliance with Non-Banking Finance Companies regulations, the Code of Corporate Governance, Prudential Regulations and Corporate laws.- Performed compliance testing for investments in money and capital markets, foreign currency, and Islamic instruments, and assessed internal control systems over treasury operations.- Developed compliance checklists following European Commission guidelines and designed specific audit strategies for audits across multiple locations.- Gained expertise in the insurance sector, understanding and testing controls over Premium, Claims, Co-Insurance, and Reinsurance processes.- Prepared consolidated financial statements and management letters, ensuring accuracy and completeness.- Coordinated audit activities across multiple bank branches nationwide, ensuring consistency and adherence to audit standards.- Successfully managed engagements with strict financial reporting deadlines, demonstrating strong time management, on-the-spot decision-making, and leadership skills.- Developed a global mindset and deep understanding of diverse industry regulations, further developing leadership, communication, and project management skills.

Abu Dhabi, United Arab Emirates

Engaged in the audit / review and performed fieldwork as part of EY GAM methodology- Overall responsible for the audit of auto dealer giant for BMW, Rolls Royce, Mini, TATA, TADANO, Kawasaki etc including planning, advisory to client and clarifying to them various IFRS and their requirements.- Performing work of opening balances as per EY initial audit engagement requirements and finalization of audit

Al-Riyadh Governorate, Saudi Arabia

- Engaged in the audit and performing audit fieldwork as part of the primary teams as well as supervising the work performed by audit trainees:- Working in audit engagements and engaged in different types of statutory audits including planning, advisory to client and clarifying to them various IFRS and their requirements and finalizing clients.- Consultation with Tax department in respect of zakat calculations and other tax matters to be submitted to the local tax authorities.

Mba Executive

Ca Finalist

Master Of Business Administration - Mba

Master Of Commerce

Bachelor Of Commerce - Bcom

High School Certificate

Matriculation