Financial Manager

Zeeshan Ghulam Rasool – CV P a g e *

ZEESHAN GHULAM RASOOL

Address Home

Flat no 21,Block B, Building no.162

Way no 2808, near Darsait Lulu,

Sultanate of Oman

Telephone Mobile 00 - 968- 96395701

E-mail Personal *********@*****.***

P E R S O N A L P R O F I L E

An experienced Chartered Accountant with more than 14 years of cross Industry experience in Accounting & Finance, Audit, Assurance, Compliance, Banking, Investment and Pension management services, who undertakes complex assignments, meet deadlines and delivers superior performance. A fast learner, confident with a drive to exceed expectations and team spirited to fill numerous roles. Possess a comprehensive technical knowledge along with deep understanding of how to utilize such intellectual capacity in order to deliver solutions that meet the requirements of business functions.

E D U C A T I O N - P R O F E S S I O N A L A N D A C A D E M I C Particulars Institute Year Status

Chartered Accountant The Institute of Chartered

Accountants of Pakistan

2012 Associate Member

Public Finance Accountant Pakistan Institute of Public Finance Accountants (PIPFA)

2012 Associate Member

Master of Arts – Economics University of Karachi 2005 Secured Second Division Bachelor of Commerce University of Karachi 2001 Secured First Division I N D U S T R Y E X P E R I E N C E

Petroleum Development Oman

SENIOR PENSION FUND - FINANCE AND INVESTMENT ANALYST

(FROM: 5 JULY 2014 TILL 4 JULY 2019)

As an Analyst my major job responsibilities included:

Manage overall Fund accounting process (having an investment portfolio of approx. USD 2.3 Billion) and reporting of financial & non – financial performance on monthly basis to the Board of Trustees.

Ensure appropriate maintenance of books of accounts and recording of correct accounting entries in SAP system as per International Financial Reporting Standards (IFRS).

Responsible for monthly, quarterly and yearly closing of the books of accounts.

Involved in preparation & review of Financial Statements and its presentation to the Management, Boards of Trustees and Shareholders.

Involved in preparation of agendas and circulation of pre-reading material to the Board of Trustees and ensure that agendas discussed during the meetings are documented in the form of minutes of meetings.

Act as a liaison between the Pension Fund, Trustees and Shareholders to provide information on performance of the Fund.

Monthly reporting of Fund Managers performance in terms of actual vs benchmark analysis and providing explanation for material variances (if any).

Involved in formulating annual budget and future financial forecast for the department.

Ensure that the future financial forecasts are estimated correctly and deviations (if any) are explained appropriately.

Review income and expense related entries and validate rectifying entries (if required).

Review and ensure bank and other critical reconciliations are timely prepared and long outstanding items (if any) are investigated and timely resolved.

Ensure Key Performance Indicators (KPI’s) are prepared on monthly basis to monitor the investment portfolio, profitability and performance of the Fund Managers.

Ensure timely response to Custodian, Fund Managers, Compliance, Internal auditors, External auditors and State auditors regarding any issues / clarification highlighted by them.

Coordinate with Compliance and Audit Department for providing assurance about accuracy of the information contained in financial reports and their compliance with the statutory and regulatory requirements.

Ensure appropriate and timely response to Pensioners

(approx.2,250), members (approx.6,800), HR department, Fund Managers, Custodian and Local Banks.

In co-ordination with Investment Advisor carry out performance evaluation and compliance monitoring of the Fund Managers in accordance with the investment strategies and guidelines.

Be actively involved in the reviews of investment strategies, guidelines and the Fund Managers’ selection along with setting up of investment mandate.

Maisarah Islamic Banking Services

MANAGER ACCOUNTING AND FINANCE – ISLAMIC BANKING FINANCE DEPARTMENT

(FROM: 9 JULY 2012 TO 10 JUNE 2014)

As a Manager my major job responsibilities included:

Preparation of annual Financial Statements for presentation to the Management, Boards of Directors, Shareholders and Governing & Statutory bodies.

Appropriate application of the International Financial Reporting Standards (IFRS’s) while preparing Financial Statements.

Review Statement of Financial Position and Income Statement on periodic basis and report irregularities (if any) to Financial Controller and follow up for its resolution.

Manage chart of account, general ledgers, internal accounts and ensure requirements of all the department users are adhered.

Responsible for timely closure of the books of accounts.

Records of all the transactions pertaining to banking operations are maintained correctly and are appropriately classified between capital and operational nature.

Co-ordinate with all other departments of the Bank to finalise the financial and budgeting process.

Involved in preparation of annual banking budget for finance department and consolidation of overall Bank’s budget.

Report to Financial Controller and department heads in case of significant variances in actual numbers when compared with budgeted numbers.

Prepare analysis, projections and reports as required by the Top Management.

Establish profitability standards for investment, corporate, retail and treasury activities.

Review liquidity, lending and borrowing ratio on daily basis and its reporting to Top Management. In addition, timely communication to concerned department if breach is observed in any ratio.

Appropriate provisions (i.e. general and specific) are made on non-performing portfolio as per Regulatory requirements.

Develop, implement and evaluate the financial policies, systems and accounting procedures for the Finance department.

Involved in recruiting, couching, training and managing of staff.

Responsible for co-ordination with Internal, External auditors & Compliance department and addresses issues (if any) highlighted by them.

Fixed asset purchases were classified under correct class of asset and depreciation charged is in line with Bank’s policy.

Review invoices, ensure proper documentation, balances against requisitions, purchase orders & contracts and authorized payment; maintaining records of leases and applicable payments. Bank Dhofar SAOG

MANAGER – BROKERAGE AND INVESTMENT DEPARTMENT

(FROM: 4 JULY 2010 TO 8 JULY 2012)

Ensure Bank’s investment portfolio (approx. USD 140 Million) was effectively maintained, daily updated for deals and accounted ZEESHAN GHULAM RASOOL CONTINUED FROM PREVIOUS PAGE Zeeshan Ghulam Rasool – CV P a g e 2

Contribute to the Study of Asset Liability Modeling (ALM) and Strategic Asset Allocation (SAA) in consultation with the Fund Investment Advisor.

Liaise with Financial Institution, Fund Managers and Custodian to ensure that adequate fund arrangements are in place for timely execution of investment proposals.

Ensure appropriate cash flows are available to honor capital and operational commitments.

Ensure timely payments to Vendors, Service providers and Fund Managers.

Involved in meeting potential service providers to the Fund to explore adequate business opportunities.

Ensure appropriate maintenance and implementation of financial policies, accounting and internal controls as per Manual of Business Authority (MOBA).

Involved in preparation of control frameworks and ensure that the controls are efficiently and effectively implemented.

Participate in Lean Management Journey and Continuous Improvement Ideas in order to increase the efficiency and effectiveness of the department operations.

Act as a focal point for implementation of Value Added Tax (VAT) for the department.

Ensure timely communication of information pertaining to active members and pensioners to Actuary of the Fund for the purpose of Fund actuarial valuation.

Ensure that the actuarial assumptions (financial and non-financial) used by Actuary are in line with industry norms.

Involved in Implementing SAP Financials system pertaining to pensioner’s final settlement at the time of retirement.

Assist Head of the Department in managing day to day operations. for revaluations as per International Financial Reporting Standards (IFRS).

Prepare impairment workings for non-performing scripts for recording of impairment.

Responsible for the overall accounting process of the department and timely closure of the books of accounts.

Ensure corporate actions and deals executed in Bank’s portfolio were timely recorded.

All clients’ related documents (i.e. deals & agreements) are appropriately maintained and is timely reported to Asset Management Division.

Responsible for reporting portfolio financial performance on periodic basis to Central Bank of Oman, Capital Market Authority and Top Management.

Liaise with Financial Institutions, Capital Market Authority and brokers to ensure that the deal funds were settled on timely basis.

Ensure timely settlement of trades and commissions deducted were in line with regulatory requirement of Muscat Clearing and Depository Company.

Ensure timely response to Statutory Authorities, Bank’s Compliance, Internal Audit and Risk Management Department regarding any issues / clarification highlighted by them.

Responsible for co-ordination with Internal and External auditors at the year-end audit.

Responsible for handling and managing Initial Public Offer (IPO) where Bank is acting as an agent on behalf of Lead Bank.

Acted as a key member of the software implementation team to ensure new Brokerage, Wealth Management and Initial Public Offer (IPO) Software were appropriately tested, implemented and integrated with core banking software.

A. F. FERGUSON & CO. Chartered Accountants

A member firm of

4 years as a Trainee in from June 2003 to May 2007.

4 months as a Supervisory Senior from June 2007 to Oct 2007. Chartered Accountants

A member firm of Swiss cooperative

2 years and 7 months as an Associate Auditor in Audit, Assurance and Advisory Business Services of KPMG – Oman from December 2007 to June 2010.

A U D I T, A S S U R A N C E A ND A D V I S O R Y E X P E R I E N C E During my contract period with both the firms, I was engaged in planning, execution and conclusion stages of various special nature engagements, statutory audits and validation of financial and non – financial information. I have managed audit of various sectors which include Financial Institutions including Bank, Trading & Services, Insurance, Mutual Funds, Multinational companies and Government Sectors. My major responsibilities included:

Plan, review and ensure timely completion of audit assignments as per Audit Methodology, International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS).

Prepare and implement audit programs including designing of test of controls and substantive procedures for specific key areas like revenue and trade debtors, direct cost, inventory & payables, fixed assets and accounts covering all investments & treasury related operations, other income & expenses, payroll and employee related benefits and other relevant statutory compliance areas.

Prepare management letter on audit findings & control weaknesses and provide recommendations to improve the organization’s accounting & management practices, controls and systems.

Engaged in various due diligence assignments including comprehensive reviews of Financial Statements.

Involved in review and supervision of work performed by other team members and their on-job professional training. My experience with both the firms have enabled me to develop a comprehensive understanding of the competitive and regulatory environments of diversified industries and the accounting and internal control systems implemented at various organizations. I T P R O F I C I E N C Y

On hand practical experience of using software such as Finacle (Core Conventional Banking), Broker Vision (Brokerage), Trade Net

(Brokerage), Integra –WMS (Asset Management ), Chellasoft (IPO Management), IMAL (Core Islamic Banking), SAP and Sapphire.

Completed 90 hours course of Computer Practical Training as recommended by ICAP.

Proficient in using MS Office applications with exceptional excel based modeling.

Well-acquainted with audit documentation tool VECTOR and E – audit. K E Y S K I L L S

Report writing and presentation Adaptability & continuous improvement Communication both verbal & written

Managing people / Leadership Greater flexibility and receptivity Time management & decision making P E R S O N A L

Marital status: Married Nationality: Pakistani

Date of birth:10 September 1981 Languages: English & Urdu

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