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CFO

Location:
Mississauga, ON, Canada
Posted:
May 22, 2017

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Resume:

NADIM IQBAL

Apt.******** Mississauga Valley Boulevard Mississauga, ON L5A 4A5 CELL: 647-***-**** EMAIL ac0foy@r.postjobfree.com

PROFILE

A designated financial professional with strong business acumen gained over 15 years assisting organizations in making sound financial decisions. Broad based experience gained across multiple sectors, including energy, oil & gas, fashion & apparel, textile, audit & consultancy services. Combines “big picture” thinking with strategy and execution that improves the bottom line.

Core Competencies

Financial Planning

Trend Analysis

Financial Modelling

Management Reporting

Forecasting and Budgeting

Profitability and Cost Analysis

NPV Calculation

Sales and Marketing Support

Margin Analysis

Regulatory Reporting

Process Improvement

Multi-Currency management

TECHNICAL SKILLS

Oracle, SAP, IDEAS, Excel, Access, PowerPoint, Word

PROFESSIONAL EXPERIENCE

Elan, Pakistan 2016-2017

Elan is a leading Apparel & Fashion brand of Pakistan. With over RS800 million in annual billings it has more than 650 employees.

Chief Financial Officer

Provided senior level consultation and financial advice and assisted with complex budgeting and financial planning matters. Provided budget guidance and analyses to Senior Management.

Participated in key decisions as a member of the executive management team. Developed operating budgets incorporating recommended actions to senior-staff and Business Heads; provided strategic and technical financial advice at each stage of the budget process.

Monitored, analyzed and prepared reports reflecting activities and trends in departmental expenditures and revenues. Researched and identified variances and provided solutions where applicable.

Resolved cost increases through better contract specifications requests and usage of policy changes. These changes resulted in major yearly savings and remain in place to date.

Oversaw employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package

Accomplishments:

Successfully implemented the Oracle software and trained team members.

Calvalley Petroleum (Cyprus) Ltd. – Sana’a, Yemen 2008 – 2016

Calvally Petroleum is a Canadian oil & gas E&P company based out of Canada. With over US$150 million in annual billings it has over 4 offices across 4 countries with more than 200 employees.

VP Finance

Prepared annual budget in the range of US$100 to 125 million and made formal presentations to partners for approval.

Advised CFO and key members of senior management on financial planning, budgeting, cash flow and policy matters to ensure sound decision making. Maintained continuous line of communication, keeping the president/CEO informed of all critical issues

Represented the company externally in banking and audit matters. Supervised and organized the work of the finance team to ensure that costs are within budget, the closure of accounts is on time, and the preparation & presentation of reports (monthly, quarterly, yearly) is on time.

Prepared financial statements, summaries, and other cost-benefit and financial analyses on monthly, quarterly and yearly basis. Coordination with auditors to ensure finalization of audits on timely basis.

Accomplishments:

Involved in software (IDEAS) implementation process. Recruited and trained accountant team to handle critical time sensitive projects

Developed a standardized reporting package and process for reporting to higher management. Cycle-time was reduced from >90 to 30 days.

Finalized & settled the pending JV & Government audit reports from 2002 to 2007.

Was made Acting General Manager of Calvalley Petroleum in 2011-2012 based on strength of management skills and team building initiatives.

Implemented a monthly Process Improvement Program within the Finance department. Enacted initiatives have decreased month-end closing time, improved budget variance reporting and decreased forecast preparation cycle time.

Deloitte – Sana’a, Yemen 2004 – 2008

Deloitte Touche is a multinational professional services firm headquartered in New York City in the United States. With over US$35 Billion annual revenue it has offices worldwide with 225,400 employees.

Manager, Supervisor

Planned, executed and completed Financial Audits, Cost Recovery audit assignments and Cost Valuation assignments. Conducted preliminary review of Statement of Expenditures (SOE), Cost Recovery Statements, drafted audit programs.

Reviewed team members’ work and strengthened relationships at various levels including top management

Prepared, analysis and review of Statement of Expenditures and accounting systems for the purpose of forming audit opinion as per statutory requirements.

Was Involved in special assignments including the computerization of the accounting system of an oil company and due diligence for clients.

Accomplishments:

Contributed to net revenue growth of the firm by 5.

Trained more than 10 auditors and was participating group member of Audit, Compliance and team building.

Fatima Enterprises Ltd. – Multan, Pakistan 2003 – 2004

Fatima Enterprises is one of the leading manufacturers and exporters of superior quality cotton yarns in Pakistan. With over US$25milion in annual billings it has over 4 offices across Pakistan with more than 600 employees

Manager Accounts

Managed budget for payments along with review of variance analysis of budgeted and actual expenses. Prepared bank reconciliations, financial statements on a monthly basis.

Implemented collection, sales and inventory control policies and performed month end physical stock-take observation.

Mahboob Sheikh & Co. CA’s – Multan, Pakistan 1999 – 2003

Supervisor, Auditor

Handled arrangements of audit team: from planning including risk assessment and preparation of planning memorandum & audit program and pre-audit briefing to the team to supervision of work during the audit on site and in the office.

Reviewed the audit working papers, the finalization of audited accounts and preparing the audit report, with the team.

Conducted the audits of manufacturing, trading and non-trading companies including: textile, sugar, cotton, oil mills and pesticide companies.

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EDUCATION & PROFESSIONAL DEVELOPMENT

Chartered Professional Accountants (CPA) – In progress

Chartered Accountant (CA) – Institute of Chartered Accountants of Pakistan

Certified Risk Management Auditor (CRMA) – IIA USA

Public Finance Accountant (FPA) – Institute of Public Finance Accountants Pakistan

B. Commerce (Majoring in Accounting) - Bahauddin Zakariya University, Multan- Pakistan



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