Assistant Manager Financial Officer
Resume:
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Syed Haider Raza CPA, FCA
**** *** *** ******, *******, Ontario L6B 1E9, Canada
**********.***@*****.***
Linkedin: https://www.linkedin.com/in/syed-haider-raza-cpa-fca-pak-b9332aa/ Personal Details:
DOB: December 1979 Nationality: Canadian
Gender: Male Civil/Marital Status: Married and a proud father of two daughters Financial Leader
Dependable leader with over 15 years of contributions in financial evaluation and management across industries.
Results-driven, self-motivated with history of progressively responsible leadership and ongoing success in managing all aspects of finance for companies in manufacturing, corporate banking, and private equity. In- depth expertise in International Financial Reporting Standards (IFRS); compliance with all regulatory protocols, Sarbanes-Oxley (SOX) and best practices. Analytical thinker with business acumen, develop comprehensive appraisals and analyses to include financial, performance, business, and investment recommendations. Highlights of Expertise
Financial Management Financial Modelling Strategic Planning
Operations Management Financial Reporting Regulatory Compliance
Risk Management Financial Accounting Training and Mentorship
Budget Management Team Building and Leadership Process Improvement Career Experience
Nexcycle Canada Inc. Canada
Financial Controller (2017 to Present)
Hold responsibility for mapping out annual budgets, as well as financial forecasts for the region. Manage and monitor capex spending of 40 plants across North America (USA, Canada, Mexico). Manage periodic financial closings, reporting functions, Supervise Accounts Receivable (AR), Accounts Payable (AP) and Payroll functions, Manage GST / HST and yearly corporate returns, debt covenant compliance and reporting. Coordinate audits. Develop cash flow projections and analyses and deliver monthly presentations outlining EBIDTA analysis for regional leadership to include emphasis on variance and opportunities for improvement. Some key highlights include:
Managed the capex spending of over USD 20 million for the group, analyzed incremental EBIDTA margin vs cost, payback analysis for capex proposals for decision making, track actual capex spend vs approved budget for over 200 projects annually.
Generated savings of USD 1.5 million by initiating and received various grants, subsidies, and tax credits from the Government of Canada Revenue Agencies for the business
Generated annual operating cost savings of USD 1million for regional plants via implementation energy conservation management measures
Streamlined the existing closing and reporting processes for a more expedited month-end close within 4 days of the period end via implementing pre-close mechanics for all staff, developing, and implementing standard formats and procedures for recurring items to enhance efficiency in the financial close function
Led the treasury function, managed cashflow planning / forecast, working capital management and ensure cash requirements and commitments for all regional locations are fulfilled seamlessly Syed Haider Raza CPA, FCA
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Arabian Gulf Steel Industries), UAE
Chief Financial Officer (2012 to 2016)
Being part of AGSI leadership, I was involved in setting up the company from scratch, developed the financial function via hiring, training, and mentoring a team of financial experts. Involved in securing regulatory permits and approvals, Conducted detailed feasibility study and financial modeling for the steel business in the region. Conducted business valuation for seed capital and project financing. Managed the period financial closing, reporting, annal budgets, periodic KPI analysis, cashflow projections and management. Besides finance department supervised, Human Resources and Administration functions and coordinated with lenders, financial institutions, and external auditors.
Some key highlights include:
Prepared long term financial strategy, plan and scenario based detailed financial modelling and ROI/ROE/IRR/NPV analysis
Conducted in-house market research, financial modeling, business valuation, due diligence and feasibility studies for various business acquisition and integration opportunities raging between USD 20 million to USD 300 million in Bulgaria, KSA, UAE and Pakistan
Integral in concluding project financing for the company of USD 80 million
Developed a robust financial reporting function and produced monthly project progress reports reconciliations, KPI / variance analysis, and monthly management accounts
Developed accounting policies, procedures, internal control, and process documents and coordinated the effective implementation process
Created a comprehensive financial reporting function for detailed reports including performance commentary, variance analyses, margin analyses, key performance indicator (KPI) dashboards, and management discussion and analysis (MD&A) accounting for submission to oversight.
Generated an annual cost savings of USD 0.3 million by negotiating favorable terms and conditions related to pricing supply, service contractual obligations, lawyers, banks, and auditors. JS Private Equity Fund, Pakistan
Chief Financial Officer (2007 to 2012)
Held responsible for the financial management of the Fund and the Management companies including preparing financial statements, quarterly compliance and financial reports, annual budget, and forecasts. Led the compliance function for the Fund conducted corporate and legal compliance audits for portfolio companies, identified areas for improvement, and contributed to remediation measures. Generated consolidated Fund financial statements in compliance with IFRS by managing an intricate year-end consolidation process. Oversaw HR, Administration functions, Liaise with investors on capital calls, investments and distributions disbursements, and cash operations. Some key highlights include:
Integral in conducting due diligence, business valuations of investment proposals for transaction worth USD 300 million
Instrumental in proposing and setting up tax efficient investment for the Fund.
Developed and led middle- and back-office functions for the Fund by hiring, and developing highly efficient and dependable finance function
Set up the financial and investor reporting function of the Fund including developing capital statements, conducted portfolio valuation / NAV analysis, prepared quarterly management accounts, portfolio investment performance analysis (KPI/NPV / ROI / IRR), ESG reporting, drawdown reconciliations, expense statements and other adhoc and tailored reports Additional professional experiences:
Accenture Inc. in Canada as Project Finance Executive (2016 to 2017)
MCB Bank Ltd. Pakistan as Assistant Vice President (2006-2007)
PricewaterhouseCoopers Pakistan as Assistant Manager - Audit and Assurance for (2000-2006) Syed Haider Raza CPA, FCA
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Education and Credentials
Professional Certifications
Chartered Professional Accountant (CPA), Ontario, Canada (2020)
Fellow Chartered Accountant (FCA), Institute of Chartered Accountant of Pakistan (2005)
CIMA Cert BA Diploma, Chartered Institute of Management Accountants UK (CIMA UK) (2000) Bachelor of Commerce
University of Karachi, Pakistan (2000)
Technical Proficiencies
Platforms Windows OS, Mac OS/iOS
Software and Tools MS Office Suite (Word/Excel/PowerPoint/Outlook), MS Teams, MS Office 365/OneDrive, Google Workspace, Sage Stack, MS Dynamics NAV/Business Central, HRIS, TurboTax
Professional Affiliations
Associate Member, CPA Ontario
Fellow Member, Institute of Chartered Accountant of Pakistan Hobbies and Interests
Driving, Traveling, Reading, Cycling, Outdoor Walks
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