Chief Financial Officer

ATHER M IQBAL, M S, C A, CPA (AICPA).

Mobile: 1-773-***-**** : Email: *****.***@*****.***

LinkedIn : linkedin.com/in/ather-iqbal-ms-fca-cpa-us-06556917 Lombard 60148, IL, USA

Core areas of expertise:

Global Strategic Financial Planning & Analysis Organizational Re-engineering

Fiscal & Productivity Tool Design and Execution Financial Modelling

Process Design & Productivity Improvement Mergers & Acquisitions

Policy Development and Implementation Budgeting & Forecasting

P&L Ownership and Management\

Scenario Planning

Organizational leadership

Audit

Corporate & Investment Finance

KPI’s & IFRS

Compliance, GAAP, SAP ERP, Oracle Fusion

& SAAS

Tableau and Excel skills at Advance level

PROFESSIONAL EXPERIENCE

(CONFIDENTIAL) FOUNDATION. IL (July 2023 – to date) – Chicago, IL DIRECTOR OF FINANCE

Confidential (the “Foundation”) is an Illinois not-for-profit organization organized under Section 501(c)

(3) of the Internal Revenue Code> having its operations across all over US, Turkey and Canada. Key Deliverables:

• Responsible for the complete finance function of all the Nine diversified operations across all locations

EPCOT TECHNOLOGIES: 2019 - To June 2023 (Arlington Heights, IL) DIRECTOR FINANCE

Key Deliverables:

• Drive the financial planning of the company by performance and risks.

• Responsible for regulations such as analysing and advising the board on legal entities and intercompany and sub sidiary transactions.

• Performing financial modelling and analysis.

• General Ledger ownership and management.

• Set up and oversee the company’s Finance IT Systems.

• Set targets for and supervise all accounting and finance personnel.

• Maintaining budgeting and forecasting models.

• Oversee all audit and internal control operations, IT and HR departments.

• Responsible for Company Processes, Policies Automation& Procedures.

• Responsible for identifying improvement & implementing initiatives to support excellent existing processes and automation.

• Well versed with B2B Seas metrics.

• Partners with M&A and Tax departments on complex company transactions including business Acquisitions, diversified equity investments, and complex instruments accounting

• Ensure healthy cash reserves and flow of money through the Seas Business.

• Let the international expansion.

• Owns the valuation models for goodwill and intangible assets of the Company and leads the quarterly and annual impairment review processes working with a cross functional team. ATHER IQBAL, M S, C A, C P A

• Identifies and anticipates critical accounting issues and recommends appropriate responses to meet business challenges.

• Leads implementation of significant new US GAAP accounting guidance for the entire company

• Leading the ongoing Strategic acquisition

• Offer advice to the CEO regarding spending and budget questions. o Reporting on system risk, monetary policy, & processes and procedures. o Reporting on boarding and formalized training& on handling any complaints.

• Prepare and outline complex models that others can work with.

• Hire and oversee leaders in the finance and accounting departments, including giving directors and delivering periodical evaluations.

• Analyse trends to reduce financial risks associated with making an investment or spending decisions.

• Advises and supports subsidiaries in establishing corporate governance and risk management.

• Monitor the performance of finance/investments including creating reports using business software.

• Responsible for controlling the team's general accounting activities, including recording company transactions, clarifications, and reconciliation of all accounting with GAAP. Compliance.

• Responsible for implementing new accounts, processes, and policies and procedures across the company.

• Responsible for Reporting to Internal or External audits.

• Responsible for reviewing accounting results. Prepare management reports and present to senior stakeholders.

• Provide services to clients in data manipulation and process automation by using Tableau by Advanced analytic

& create sophisticated calculations such as augmented analytics. Supported by AI and ML.

• Provide services to clients for management reporting by using Workiva for data collection, frame mapping and report, data security and entire reporting.

• Own and lead technical accounting globally,

• Leads the development and delivery of trainings across the Company’s finance teams on complex accounting areas,

• Partner in legal teams for issues such as transaction which are strategic and pending

• Partner in HR, IT and Operational teams.

• Partner and advise with the sales team to ensure that customer contracts have business terms favorable to the company both in terms of revenue and strategic value

• Led the implementation of ERP systems for SAP and Oracle for different clients.

• Responsible for Scenario Planning:

o Reporting on Driving Forces (Social, Economic, Technological, Legal). o Reporting on Critical Uncertainties (Disposable income of customers/clients & Lockdowns). o Reporting on developing plausible scenarios.

o Reporting on the implications of the above scenarios on the investments and business. Revenue for the year 2022 was around 75 million with manpower of around 175 employees: Transformation Summary:

• Credited Processes and Policy and Procedures resulted massive internal control, cost control and smooth flow of operations resulted 20% increase in margins.

• Advised management to offer new services to the clients such as IT staffing, Business Process Outsources, Te chnology evaluations resulted 27% increase in revenue.

• Initiated presented Scenario Planning before the Covid pandemic, resulted into 11% increase in revenue and expense savings by 40%.

ATHER IQBAL, M S, C A, C P A

BAIG MIRZA BAIG & COMPANY, CPA’S - Chicago – IL (Jan 2016 – Dec.2018) CONSULTANT AND AUDITOR

Baig CPA’s is a full-service accounting firm licensed in IL and offers a broad range of services for business owners, executives, and independent professionals.

Key Deliverables:

• Services for Individuals, (Personal Financial Planning, Estate Planning and Elder Care)

• Business Services (Small Business Planning, Payroll, Part Time CFO services, Audits- (Reviews and C ompilation) Forensic Accounting, Cash Flow Management, Bank Financing, Business Valuations, Str ategic Business Planning, Succession Planning, New Business Formation, Non-Profit Organization, I nternal Controls.

• US GAAP accounting and research activities for the clients including manufacturing

• Tax Services (Preparations, Planning, Problems)

• Quick Book Services (Why Quick Book, Set Up, Training, Answers and Tune up). AWAB HOLDINGS: (Jan 2014–Dec.2015)

GROUP CHIEF FINANCIAL OFFICER

Managed a wide and diversified spectrum of investments (Real Estate/ Financial/ Venture Capital/ Direct and Indirect Investments), Construction, Manufacturing, Automotive, Hospitals, Manufacturing Information Technology and Medical Devices sectors globally. Led Oracle Fusion Implementation. Team Leader of Business Processes, Policy & Procedure Committees.

Key Deliverables

• Successful turnaround of 60M business, generating a 15M profit. Exceeded productivity goals by 2M USD.

• Managed Team of Financial Managers for financial planning, budgeting, accounting, reports and internal controls

• Re-engineered department to reduce workload by 30% and headcount by 40%, yielding 500K annual savings.

• Led cross-functional partners to deliver growth, from strategic development to implementation and monitoring.

• Reduced obsolescence inventory risk by 4M.

• Let the implementation of Oracle across the group successfully.

• Owned and delivered a 5-year strategic plan, including new business launches.

• Finalized the Policy and Procedures for the team. Revenue for the year 2018 was 1.20 billion with manpower of around 1500 employees. Transformation Summary:

• Construction division was 40% down as budgeted due to market down slide by virtue of oil prices crash. Ar ound 22 projects were stalled or were moving at slow pace. Hence, we created financial plans which eases p ayment options, changed the plans of the properties, re-structured the elevations, slightly changed the qualit y; lower the down payments and flexible terms for the outstanding payments, which resulted for 60 million business and generated around 15 million profit margin.

• Re-structured the Accounting, IT and HR departments by implementing SAP and Processes across the grou p under my leadership

• Initiated and Created Executive committee for monthly assessment and evaluation of performances across t he group.

ATHER IQBAL, M S, C A, C P A

ARABIAN SERVICES GROUP: December 2010 - December 2013 CHIEF FINANCIAL OFFICER

Managed eight companies (around 3,500 employees) engaged in operations & maintenance services for Oil & Gas Sector, Property Management, Real Estate/ Construction, Information Technology, Diversified Investments (Venture Capital, Direct and Indirect investments) with operations in Saudi Arabia, Bahrain, UAE, Kuwait and Qatar. Key Deliverables

• Re-structured team within 3 months to drive accountability.

• Exceeded sales and profit targets and reduced marketing accruals by 30%.

• Delivered analysis and margin management to heads of Marketing and Sales.

• Yielded 20M in savings on marketing and trade spending by re-allocating investments of 300M.

• Integrated large acquisitions of properties adding 50% more revenue and growing business by 21%.

• Implemented turnaround strategy to convert a losing entity to a profitable venture by 11 million.

• Oversaw Implementation of a unified ERP system all across the group globally, resulting in efficiency, timely rep orts and reduction in manpower cost.

• Marketing Finance activities management to drive long terms profitability via strategic growth and risk/opportun ity assessment.

Revenue for the year 2015 was 769.35 million across five countries with manpower of 3465 employees. Transformation Summary:

• Transformed the Oil and Gas Sector with high quality services to Government Oil Co., Aramco with high m argins and closing all non-Government contacts resulted into three times profits increase.

• Created and implemented unified system across all businesses resulted decline in expenses and identical on time monthly closing and management reporting.

• Re-structured Accounting/Finance, IT and HR departments yielded accountability and savings. SAUDI ECONOMIC AND DEVELOPMENT CO. (SEDCO): January 2007 - October 2010 SENIOR FINANCIAL ANALYST.

Key Deliverables:

• Ensuring compliance with financial guidelines, company policies and relevant legal regulations.

• Performing research and analysis as required.

• Reviewing and analysing financial statements and reports.

• Tracking KPIs and preparing financial reports.

• Understanding and reporting key business drivers. ALESAYI MOTORS: May 2002 - December 2006

(Exclusive distributors of Mitsubishi, Chrysler and Fuso cars) MANAGER, FINANCIAL PLANNING, STRATEGY & REPORTING

Managed the finance, treasury and investment functions of diversified businesses in the group, covering Management Reporting. Budgeting, Financial Planning, Control Strategy and Cash Flow. ATHER IQBAL, M S, C A, C P A

Key Deliverables

• Re-structured to reduce the workforce from 1400 to 900 employees.

• Cut cost by 30% for a positive impact on the Net Income.

• Reduced total expenses by 13% by improving the cash flow issues.

• Annual budget management, including capital requirement, implementing monthly forecasting, and reporting. Revenue for the year 2006 was 570 million with manpower of 900 employees. Transformation Summary:

• Implementation of ERP Kerridge system (designed for automotive industry) & restructuring the manpow er across the payroll resulted into massive layoff of around 400 employees hence cost control.

• Created Policy and Procedures.

PROFESSIONAL MEMBERSHIPS

• Fellow Member of the Institute of Chartered Accountants of India

• Member of Certified Financial Management Program

• Member of Certified Management Accountant Program

• Member of the Institute of Management Accountants

• Member of the American Management Association.

ACADEMICS, TRAININGS & WORKSHOPS

Academics:

- Certified Public Accountant (CPA) US (AICPA)

- Chartered Accountant (CA) India (ICAI)

- MS in (I) Finance (ii) Costing from Osmania University, Hyderabad, India. Trainings & Workshops Attended:

• Conducted by Harvard Business School on:

- Innovation

- Managing The Links Between Culture & Change

- Competitive Strategy

- Global Business & Finance

• IFRS Conducted by EY (Ernst& Young)

• SAP, Oracle, Sales Force

• SAP S4 Hana Finance 2020

• SQL/Net Suite/Open Air. Workiva, SOX, Maven

• Strong experience in MS Office applications

• Conducted by Intec Management Consultants –

Dubai on:

- Cash Flow Management

- Financial Analysis and Evaluation for Business

Planning and Decision Making

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