Muhammad Sajjad Hussain Email & Phone Number

Lahore, Pk

Uae & Pakistan

• Establish robust finance controls, processes, risk management and policies in conformity with best practices within Group and MENA Region• Support UK Finance Director and Operational heads with month end closing & management reporting pack, financial planning & analysis, business models, budgeting, rolling forecast and 5 years business strategy plan• Responsible for the regional & group audits and managing the relationship with the internal/ external auditors, tax consultants and other professional advisors• Authorize banking operations to ensure compliance with policy for Delegation of Authority (DOA)• Contribute to designing of financial Key Performance Indicators (KPIs) to drive and measure the regional staff performance and for business process improvements• Guide and train group finance team on application of technical accounting standards like IFRS 15 & WIP mechanism to reflect correct projects accounting, contracts costing, analysis and reporting• Ensure timely submission of VAT returns, tax filings and other matters related to corporate compliance

Islāmābād, Pakistan

• Month end reporting pack presentation to senior management and BOD• Integration of POS system with AR module to ensure correct reporting of revenue and cash• Worked on business transformation plans, budgets/targets, process improvement, Finance & Accounts department structuring and development of policies and procedures• Profitability analysis of collection points and breakeven points with revised targets• Automated recording and consumption of inventory items

Lahore, Pakistan

• Preparation of business plans, budgets / projections and supervision of operational finance matters including AP, AR, PR/PO approvals, Inventory Management• Preparation of Internal Audit Plan, seeking BOD approval and implementation across the organization• Managed treasury operations with banks for corporate restructuring and cash flow management• Development of SOPs related to staff cost, payroll management and provident fund• Conducting country wide trainings for finance & accounts and fixed asset management• Developed and implemented Delegation of Authority Matrix• Standardized Financial KPIs / Ratios to monitor the performance of branches• Compilation and submission of underlying data to Lawyers and DRAs (regulator) to support fee structure• Presentation of monthly reporting pack to BOD including consolidated FS, region wise and branch wise

Uae & Ksa

• Preparation of Budget by coordinating with all BU’s & cash flow management• Responsible for GL closing including period end provisioning, recurring journals, balance sheet schedules, bank reconciliations and payroll accounting• Supervision of AR, AP, banking/treasury operations, insurance portfolio, import & export related matters• Fixed assets management – classification of capital items, additions; retirements, depreciation schedule and fixed asset register updation• Projects closing – classification of capital & revenue projects and related accounting• Initiating and accepting Intercompany transactions and related reconciliations• Inventory management – physical stock taking, inventory reconciliations, booking of consumption and production gain/loss• Implementation, compliance and reporting of Value Added Tax (VAT)• Presentation of Financial reporting pack adhering group deadlines (Flash Sales Report & Monthly Financial Statements) accompanied with financial analysis including ratios, trends, CVP & variances etc. with commentary /justifications• Liaison with Internal & External auditors

Lahore, Pakistan

(Finance & Accounts)• Preparation of Budget, Forecasts and Business Plans• Financing arrangements from financial institutions (FIs) including ERF, FAPC, FAFB, FE-25, DF & Leases/Ijarah etc. and to ensure timely reporting to FIs;• Financial Management related to Export & Import trade matters• Executed improvement strategies for Finance & Accounts Department including: - Documented all processes of finance/accounts i.e. Payments, Receipts, FSCP, Chart of accounts, Financial Management, Banking Operations, Inventory, Fixed Assets, Taxes, Reporting etc. - Gap Analysis (Identification of Gaps with recommendations & implementation of internal controls) - Revamped Finance & Accounts on the basis of GAP and developed SOPs and Scheme of Entries• Handling insurance portfolio and taxation matters including sales tax and income tax• Liaison with External & Internal Auditors• Financial Statements presentation to BOD(Costing & ERP system development)• Calculation and reporting of Departmental overhead rates • Orders’ costing, Product costing and variance analysis reporting to higher management• Liaison with Manager ERP in order to develop, implement and update ERP system including: - Updating G.L module with necessary changes in design & data input - Modification of reports generated from ERP system - Implementation of Provident Fund, Inventory & Fixed Assets module

Dubai, United Arab Emirates

• Supervision of finance & accounts functions including Payables, Receivables, Credit Policies, Financial Management, Banking Operations, Inventory Management, Fixed Assets, Accounts closing and Reporting;• Developed Internal Audit Charter;• Organized Internal Audit Department Hierarchy;• Appraisal for selection of Senior and Junior Internal Auditors;• Developed Internal Audit Plan covering all processes in all locations;• Segregated accounting and internal auditing tasks;• Conducted special assignments related to: - Performance appraisal of retail outlets - Certain agreed upon procedures (Forensic Auditing) - Approvals for payments and validation of internal controls built in ERP system• 100% verification of stocks covering all locations and adjustments in G.L thereof with documented reconciliations (Physical Vs G.L & Inventory Module)• Conducted quarterly Internal Audit and issued report thereon; including findings and recommendations• Reporting to Head of Internal Audit and Directors

Lahore, Pakistan

I have the exposure of working in Ernst & Young on diversified assignments of: • Audit and Assurance Engagements; • Internal Audit Engagements; • Agreed upon procedures; • Gap Analysis; • System review and internal controls evaluation; • Development and Implementation of Standard Operating Procedures (SOPs); • Documentation and Review of Internal Controls over Financial Reporting (ICFR) by application of COSO framework and • Stocks Verification / Inventory reconciliationcovering the major industry/sectors including FMCG, Financial Services (Banking & Capital Markets), Pharmaceuticals, Chemicals, Real Estate, Construction, Steel, Publishing & Printing, Print & Electronic Media, Retail and Logistics

Chartered Accountant

Chartered Accountant

Associate Public Finance Accountant (Apfa)

Bachelor Of Commerce (B.Com), Commerce