Chief Financial Officer

Nasir Khan

Chief Financial Officer / Financial Advisor

+1-312-***-**** ad5n35@r.postjobfree.com

Professional Summary:

Highly accomplished CFO with an exceptional record of driving operations results and experience in both the public and private industry. Recognized as a progressive and effective business leader, team builder, and mentor with a strong process improvement mindset. Known for a collaborative, firsthand approach to developing and implementing the best practices in the areas of finance, accounting, regulatory compliance, information technology, and operations.

Work Experience:

Chief Financial Officer / Financial Advisor

Flagship Patents, Palo Alto, CA 94303

January 2020 – Present

-Identified risks in the firm's operations and suggested measures to mitigate those risks, safeguarding interests.

-Provided financial advisory services for establishing the law firm, including team hiring, software and hardware selection, outsourcing of bookkeeping and financial reporting function.

-Monitored operations and provided guidance as needed.

-Engaged tax consultants for tax planning and tax return filing.

Chief Financial Officer

Al Balad Al Ameen Development and Urban Regeneration Company (ABAM), Makkah Al Mukarramah, Saudi Arabia

October 2011 – October 2019

-Played a vital role in incorporating Special Purpose Vehicles for mega-sized real estate development and urban regeneration projects worth ~SAR 94 billion (US$ 25 billion).

-Catalyst to get approved SAR 11 billion (US$ 3 billion) syndicated loan amounting for the funding of land and property development. Local and international banks formed the consortium and finalized the deal. The management could not close the transaction due to constraints beyond its control.

-Prevented a potential loss of ~US$ 2 million by suggesting a change in the success fees clause in the financial advisory agreement.

-Allocated and recovered pre-incorporation expenses amounting to ~SAR 131 million (US$ 35 million) of subsidiaries and associates.

Financial Controller

Abdul Latif Jameel RE Investment Company, Makkah Al Mukarramah, Saudi Arabia

March 1999 - May 2011

-Introduced and implemented the 'no credit' policy effectively, preventing bad debt from hotel operations.

-Tax and Zakat Planning:

-Acquired Zakat exemption certificate from the General Authority of Zakat and Income Tax (GAZT), the semi-government company, thus avoiding Zakat liability, current and in the future, worth millions of Riyals.

-Challenged the claim of GAZT, thereby saving SAR 13 million (US$ 3.5 million).

-Software Used: Oracle ERP and Microsoft Dynamics

Senior Accountant

International Airports Projects, Jeddah, Saudi Arabia

October 1983 - February 1999

-Head of the Accounts Payable department, lead a team of thirty staff members.

-Implemented and evolved efficient and effective internal controls over the disbursement of funds for construction and operation & maintenance of three international airports in the country: KKIA Riyadh, KAIA Jeddah, and KFIA Dhahran. Construction budget was SAR 45 billion (US$ 12.0 billion) and the O&M budget was SR 3 billion (US$ 0.8 billion) annually.

-Ensured compliance with contractual terms through conducting pre-payment audits of interim payment certificates of contractors and consultants.

-Prevented a proposed merger of two-line items of the O&M contract, thereby saving ~SAR 72 million (US$ 19 million).

-Reduced billing verification time from 3 weeks to 3 days by introducing and applying efficient and effective techniques.

-Experienced system/process/procedure designer for financial and audit control.

-Authored the operating manual titled 'Verification of Interim Payment Certificate for Construction and O&M Contractors – ‘One Step at a Time' and ensured the implementation of the procedure.

-Software Used: Management Science America (MSA), the Mainframe-based accounting software later acquired by Dun & Bradstreet

Skills:

- Budgeting & Forecasting

- Cost Reduction & Profit Maximization

- ERP Implementation

- Financial Planning & Analysis

- Financial Reporting

- HR and Administration

- Initial Public Offerings (IPOs) – Public Relations and Road Shows

- Internal Controls

- Land & Property valuation and their highest best use studies

- Market Study and economic and social surveys for Land and Property Acquisition/Expropriation

- Project feasibility study

- Preparation and interpretation of financial models and analysis

- Development of strategy and business plans

- Management of consultants, advisors, and auditors

- Procurement and Logistics

- Regulatory Compliance

- Strategic Planning

- Team Leadership & Development

Education:

Master of Commerce (M. Com)

Bachelor of Commerce (B. Com)

Barkatullah Vishwavidyalaya, Bhopal, India

Becker Certified Public Accountants (CPA) Review Courses – Two Years self-study plan to pass the Uniform CPA Examination

License:

Certified Public Accountant (CPA) – Passed the Uniform CPA Examination in December 2023. License from the California Board of Accountancy is expected after June 2024.

Others:

Represented employers (clients) to manage the following third-party consultants and advisors:

-Accounting Firms - Big Four accounting firms – PwC, KPMG, Deloitte, and E&Y

-Financial Advisors, Bankers, and Consultants – Local Banks of Saudi Arabia, International Finance Corporation (Member of the World Bank Group), Credit Suisse, HSBC, Bank of America-Merrill Lynch, Nomura International PLC, McKinsey, Capitas Group International, Bain & Company. Saudi Kuwaiti Finance House, Swicorp, AXIS Al Houkail Consortium

-Legal Advisors - Gide Loyrette Nouel, Norton Rose LLP, Allen & Overy, King & Spalding, Clifford Chance, Baker & McKenzie

-Land and Property Valuation and Highest and Best Use Advisors - Jones Lang LaSalle (JLL), Colliers International and ValuStrat

-Construction Services and Project Management – Bechtel, Hochtief, and Parsons/Daniel

Languages:

Fluent in English, Urdu, and Hindi; Working knowledge in Arabic.

LinkedIn:

https://www.linkedin.com/in/nasir-khan 66374017

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