MR WAJID LODHI, MBA FINANCE
H-*B Visa Status Holder: October 2014 - August 2017
A: 11233 Shadow Creek Parkway, Pearland, TX, USA.
W: 213-***-**** M: +92.344-***-**** E: ***********@*****.***
PROFILE
An experienced finance professional, qualified MBA in 2007 with a
degree in Business & Finance. Strengths include excellent business
planning and strategic goal setting combined with core financial
accounting abilities. Effective communicator across all levels, dedicated
and focused to successfully drive projects to completion. Proven record of
developing and implementing financial and operational controls that improve
P&L competitively position firm.
Specialized in profit planning through cost reductions, reporting, analysis
and organizational skills in coordinating all aspects of group companies
from inception through completion. Well-disciplined with proven ability to
manage multiple accounting assignments of group companies financial
efficiently under extreme pressure while meeting tight deadline schedules.
Ascertains needs and goals, streamlines existing operations, turns around
unprofitable functions, envisions new concepts and future trends, and
follows through with development and accomplishment. Commits people to
action and conveys complex information in easily understood formats. IT
literate.
Certified trainer and Advisor for QuickBooks versions & hands on experience
with NetSuits, SAGE FAS 50/100, Oracle, MS Dynamics, Intuit Full payroll,
Oasis payroll system, PayChex, ADP payroll etc.
SPECIALTIES:
Financial Analysis, Auditing, Management Consultancy, Cost & Benefit
Analysis, Operational Accounting, Feasibility Reports, Corporate
Compliance, Audit, Taxation, Human Resource & Payroll administration,
SAP/ERP/PeopleSoft, Corporate / payroll Taxation, BMR, Cost Accounting etc.
KEY SKILLS AND COMPETENCIES:
. Proven ability to build, manage and foster a team-oriented environment
. Ability to combine strong business acumen with effective management
skills
. Proven ability to work creatively and analytically in a problem-
solving environment
. Experience of consolidations, start-ups and M&A
. Organized with excellent attention to detail
. High level of integrity and worked as part of a multi-site/multi-
culture organization.
. Highly computer literate including advanced modelling skills and
desire to work in an information systems environment
. Good presentation and communication skills to all facets of the
business
. Experience of:
o BPO services, back office operation feasibility studies,
Business Analysis, Oracle EBS (Financials/HRM) solutions,
Corporate/Personal tax returns filing & Financial KPIs and
Dashboard reporting.
CAREER HISTORY
February 2009 - Present (5 years 1 month)
Manager Accounts
Arthur Lawrence Group Companies (US/UK/Pakistan) - Pearland, TX
(www.arthurlawrence.net)
(TX, USA based LLCs; 201-500 employees; Management Consulting industry)
Overseeing all aspects of accounting & financial management in the business
group. This involves leading a multi-site accounts department with a key
role for Group holding entities based in US, UK and Pakistan.
Identified and develop accounting controls and processes to ensure all
risks and opportunities are highlighted. Supervises, leads, and support
staff of 9.
Responsibilities:
. Critical Profitability measurement, per hour resource costing
analysis, Back Office supervision, Business Units Management Accounts,
Financial Statements & KPI Analysis.
. Funds Management, Handling of Commercial Banking LOC & arrangement of
Working Capital Management through Factoring & private equity
financial institutions.
. Compilation of company annual budgets and rolling forecast
models to reflect business changes and trends. Challenge business
directors to improve performance.
. Full group accounting & financial reporting including consolidation.
Report results to board and to 3rd parties. This includes monitoring
the commercial and financial performance of all the ERP staffing
projects to ensure successful outcome, and includes reviews at costing
review stage.
. Group cash flow statements, forecasting, variance reporting presenting
project feasibilities
. Payroll administration of W2 & 1099 staff including Back office
(Pakistan) staff payroll.
. Handling US/UK Legal compliances - this include group companies
(US/UK) LLC, LLP, GP taxes Fillings, Statuary Audit, HMRC Corporate
Taxes (UK), VAT claims (UK), IRS / FTB (US), Federal & States Payroll
Taxes (US) & US Secretary of State (SOS) Administration.
. Responsible for Back Office Pakistan entity's operation, accounting &
financials reporting, regulatory compliance, Taxes, PF governance,
EOBI, FBR, PSEB & SECP Secretarial matters.
. General Management in HR, full & final settlements, MIS, leasing
arrangements, Treasury management, Insurances matters (incl. General
liability insurances, E&O, Worker Compensation & Staff medical /
Health insurances).
Achievements:
. Negotiated LOCs, Factoring and arrangement of insecure loans funding
other than LOCs to have more liquidity in business resulting in re-
development for a sustained staffing project requirement from clients.
. Improved the working capital cycle within the group to ensure payments
can be made on time.
. Restructured the business with Partner to cut cost base, including a
full management re-structure.
. Completed group tax packs and ensuring tax planning was implemented
ensuring the group takes full advantage of group relief and capital
allowances.
. System amalgamation and integration. Consolidated three accounting
systems to one group wide system enabling greater efficiency and
controls
March 2011 - July 2014 (3 year 3 months)
Payroll / Financial Consultant
Lawrence Telecom Solutions, LLC - Pearland, TX USA
(A business unit of Arthur Lawrence Group. Privately Held; 51-200
employees; Telecommunications industry)
Responsibilities:
. General Business and Business Engagement
. Ensuring a timely and smooth running of weekly payroll for an avg. >80
W2/1099 contractors payroll through IFPS (Intuit Full Payroll
Service), ADP & Oasis payroll agency.
. Financial Accounting & ledger reviews
. Funds management through banks, LOCs, Term loans & factoring
arrangements.
. Budgeting / Forecasting & variance reporting
. Regulation & Statutory Compliance - dealing with Worker Compensation,
IRS, FTB, FUTA & almost 40+ Labor dept. US States for payroll taxes &
other statutory compliances.
. Operational Efficiency in P&L analysis / Balance Sheet insights /
biweekly Cash flow statements.
March 2013 - July 2014 (1 year 3 months)
Financial Management Consultant
Medical Office Solutions of Texas, LLC (MOST) - Pearland, TX USA
(A business unit of Arthur Lawrence Group. Privately Held; 25-75 employees;
Health care industry)
Responsibilities:
. Managed the daily accounting function including a ledger team of 3
. Produced a detailed cash-flow model for the company to ensure accurate
reporting
. Introduced more controls and concise monthly management accounts
procedures
. Created gross margin reports to assist the businesses commercial
decision making process
. Responsible for payroll administration, corporation tax computations &
statutory accounts
April 2009 - November 2010 (1 year 8 months)
Manager Accounts
eLink Software - Karachi, Pakistan.
Responsible for:
Advisory services & financials review support for P&L, Balance Sheet,
General Ledger, Cash Flow and Tax Management Services.
September 2006 - February 2009 (2 years 6 months)
Management Consultant - Finance & Accounts
PwC / Ferguson Associates (Pvt.) Limited - Karachi, Pakistan.
(Partnership; 10,001+ employees; Accounting industry)
Under PWC key management direction, played a key role in Management
Consultancy Supervisory Role. Managed BPO Finance & Accounting Outsourced
assignments / projects for the following clients / companies:
. Dabur Int'll Dubai - Asian Consumer Care Pakistan (Pvt.) Limited
. Johnson & Johnson Pakistan (Private) Limited
. National Refinery Limited - Pakistan
. Aga Khan Health Services Pakistan
. Hanover Pakistan (Pvt.) Limited - UK
. Stahl Pakistan (Pvt.) Limited - UK
. PIA - Pakistan
. Shell gas LPG - Pakistan
. Waheed Engineering (Pvt.) Limited - Pakistan
. Renfro Crescent (Pvt.) Limited - US
. Turner Entertainment & Broadcasts (Cartoon Network) etc. - US / Dubai
Offices
. Pakistan Gems & Jewelry Development Company
. Engro Polymer & Chemicals Limited - Pakistan
. Packages Limited - Pakistan
. SCOPE (Pvt.) Limited - an NGO - Pakistan
. Quality Traders (Pvt.) Ltd.- Pakistan
Responsibilities:
. Preparing Limited companies financials, management accounts and
complete book keeping.
. Responsible for Financial statements, withholding / sales tax returns
monthly and quarterly e-filings, Cash flow statements, budgeting
analysis.
. Lead various audit assignments and trained number of junior staff
various tasks
QUALIFICATIONS
o 2014 Diploma in Business Finance Management & Legal Studies
from ALISON, Ireland
o 2014 Certificate in Financial Analysis from Devry University
MOOC
o 2014 Certificate in Financial Modeling from Udemy
o 2013 Certificate in Core Financial Accounting, Planning &
Controls from ALISON, Ireland
o 2007 ACCA (Finalist) from London School of Business & Finance,
Birmingham, UK
o 2005 Master of Business Administration - MBA; Major in
Accounting, Finance & Banking from Greenwich University,
Karachi, Pakistan
o 1999 Bachelor of Science - B.Sc. from University of Karachi,
Karachi, Pakistan
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