A professional with comprehensive and in depth experience in following key business areas with 9 years of experience in Project Accounting, Cost Control, Project Schedule and Financial Services both in Oil & Gas and Civil Infrastructure EPCC Projects and Integrated Well Drilling Projects in UAE, Malaysia, KSA, Libya and Iraq.
Gained in depth knowledge of all aspects of project accounts, contract administration, cost analysis, manpower and materials cost estimates, management reporting, budgeting & cost control and Financial Modeling, Analysis, variations, handling tax, audit and local authorities and site administration and HSE. Responsible for Projects financial reporting using various ERP, Integrated Job Costing and Accounting software i.e., JD Edwards, Hyperion, Oracle and Microsoft Dynamics Navision.
Financial Reporting & Analysis
Budgeting & Forecasting
Internal Controls, audit & compliance
Corporate Finance
Corporate Taxation and International Tax planning
Project Management & New Ventures Set-up
Audit & Business Advisory
Investment appraisal, mergers and divestures
PROFESSIONAL EXPERIENCE Working in National Petroleum Services Group since 21 July 2008:
NPS is Oil Drilling, Well Services, Completion & Production Services Company with its presence in an approximately 10 countries.
(1) DECEMBER-2015- TILL TO DATE Working as “Chief Accountant NPS Saudi Arabia”:
(Based in Dammam, KSA)
Leading accounting, auditing, taxation and internal controls functions for NPS KSA Operations. Managing monthly/quarterly financial reporting, financial controls and executive reporting to Regional Operations Manager and Regional Financial Controller. Supervising a team five accountants to achieve their best potential.
Responsible for preparation of budgets and forecasts and regular variance analysis.
(1) DECEMBER-2014- DECEMBER-2014 Worked as “Chief Accountant Iraq South” (Based in Erbil Kurdistan):
(Based in Dubai, UAE)
Leading accounting, auditing, taxation and controlling functions for NPS South Iraq Operations. Managing monthly/quarterly financial reporting, financial controls and executive reporting to Regional Operations Manager and Regional Financial Controller. Helping a team of three to achieve their best potential.
Responsible for preparation of budgets and forecasts and regular variance analysis with the actual results
(2) AUGUST-2013 TO NOVEMBER 2014 Worked as “Financial Controller-Special Projects”:
(NPS-Head Office Dubai UAE)
Worked as a key person in expansion of NPS to new horizons, which involved estimating the most suitable way of presence in different countries i.e. either operating through NPS branches or acquiring existing similar businesses. With focus on the demand and competition in areas under consideration.
Worked in close coordination with the Operations departments to ensure that the profits are maximized and costs are minimized. It starts from the acquisition of a contract to rendering of services, collection of receivables till the final completion of contracts.
Played key role in due diligence projects, delivering all financial modeling to provide critical financial and legal information on potential ventures. Facilitated merger process through demonstration of consistent figures depicting financial health. Contributed strategic insights to the management for shareholders meetings.
Lead controller of company’s virtual data room (VDR).
Assist Chief Financial Officer in company’s five year plan.
Train new staff on company’s financial procedures, internal controls and ERP (MS Dynamics Navision). NPS Internship coordinator.
Set-up NPS operations in Algeria, Oman and Kuwait, implemented finance/supply chain functions, trained staff on company’s financial procedures and ERP (Microsoft Dynamics Navision).
(3) JULY-2008 TO JULY-2013 Worked as “Management Accountant”:
(NPS-HO Dubai/Iraq)
Job responsibilities included:
Responsible for all the financial transactions & preparation of monthly, quarterly & annual management reports & accounts, for three UAE based companies.
Coordinate with auditors to complete audits of statutory accounts.
Coordinate the Budgeting process and provides technical support in the budgeting and planning decision making.
Continuous update & implementation of ERP system.
Set-up NPS Iraq North (Erbil) and South (Basra) finance/supply chain functions, trained staff on company’s financial procedures and ERP (Microsoft Dynamics Navision)
(4) MAY-06 TO JULY-08
(Weatherford Region Office Dubai-UAE) Worked as “Senior Accountant-Tax & Audit“ in “Weatherford Oil Tool Middle East Ltd, a Multinational Oil Drilling & Well Services, Completion & Production Services Company.
Job responsibilities included:
Preparation of Corporate Tax returns of Oman, Pakistan, India, Kuwait & Qatar branches.
Monthly consolidated Corporate Tax closing.
Preparation of annual Tax accrual Package FAS109.
Preparation of annual Tax Package 5471 and filing of USA tax returns.
Coordination with auditors for the audit & finalization of consolidated Financial Statements of the Company & branches in Oman, Qatar, Sudan, Pakistan, Saudi Arabia & Yemen, as per respective Tax Regulations.
Supervise Monthly/Quarterly/Annual Suppliers, Customers & payroll With Holding Tax Returns for Pakistan, India & Saudi Arabia.
(5) OCT. 03 TO MAY-06 Worked as a “Manager” (Accounts) in Pakistan International Container Terminal Ltd. (PICTL), a well reputed & progressive container handling company, operating at East Wharf, Keamari, Karachi.
(5) FEB - 03 to OCT-03 Worked as an “Accountant” in Huffaz Seamless Pipe Ind. Ltd. (a public limited, Karachi Stock exchange listed company) a well-established & sole Seamless Pipe manufacturing concern in Pakistan.
(5) NOV. 2001 to JAN 2003 Completed four (4) years of Articles Training with M/s Viqar Ahmed
& Company chartered accountants, under ICAP by-laws.
(5) MAY 1997 to NOV. 2001 Articles Training with M/s Riaz Ahmad & Co (Member firm of SC-International) chartered accountants.
PROFESSIONAL QUALIFICATION
Fellow member of Association of Chartered Certified Accountants (ACCA-UK).
Member of Accountants and Auditors Association (United Arab Emirates Chartered Accountant-UAECA).
CA- Intermediate from Institute of Chartered Accountants of Pakistan.
Associate member of CPA Australia (Registration No. 9882072 since 15 May 2013)
ACADEMIC QUALIFICATION
M.A (Economics) from Karachi University (KU) Pakistan.
B.Com “Govt. College of Commerce & Economics” KU Pakistan.