Description

QasimJavaid -FCCA         Current Address: Lahore Pakistan I Mobile # Show number00923314760739 I Email: [email protected] I Skype: qasimjavaid11 I                               

Professional Career Summary:    

Brief History                                  :

I am a results driven, self-motivated Financial Controller with a proven ability to provide key financial data and support to assist in key business decisions along with financial control and reporting skills which enable me to oversee and control things better. Furthermore, I have extensive experience of working in Finance &Accounts and I have strong capability to diagnose problems and take corrective actions accordingly, moreover I am a team player and possess excellent relationship building skills.

 

Professional Qualification         :

Fellow Chartered Certified Accountant 

Academic Qualification              :

B.Com, I.Com

 

Work Experience                         :

Duration

Sept’16 - To date

Designation & Organization

Financial Consultant at C&W Department

Flood Emergency Reconstruction and Resilience Project

| Construction | Infrastructure | Pakistan |

 

Apr’15 – Sept’16

Company Financial Controller

Khaled Juffali Company

| Construction | Oil & Gas | Saudi Arabia |

 

Apr’13 – Apr’15

Projects Financial Controller

Descon Integrated Projects Pvt. Limited

| EPC | Power / Energy| Pakistan |

 

Jan’11 – Apr’13

Project Financial Controller

Descon Engineering Qatar LLC

| Construction | Oil & Gas| Qatar |

 

Jun’06 – Dec’10

Projects Financial Controller

Descon Engineering Qatar LLC

| Manufacturing, Shutdown, Central Store, Manpower Supply| Qatar |

 

May’05 -  Apr’06

Accounts Officer

Packages Limited 

| Manufacturing | Paper & Packaging | Pakistan |

 

Specialized Areas

 

 

• Financial Strategy

 

• Corporate Financial reporting

 

• Financial & Cost Analysis
• Financial Modeling
• Budget & Forecast
• Cash Flow Management
• Audit
• MIS Reports
• Treasury

         

 

Professional Experience

 

Organization:                                   :

 

Associated Consultancy Centre (PVT) Ltd

Position:                                   :

Financial Consultant at C&W Department

Reporting to:                                   :

Project Director and Director Finance & Accounts

Contribution:                                   :

• Preparation of annual accounts of C&W Component and Consolidation of accounts of C&W, Irrigation, PDMA and P&D Department.
• Preparation of monthly accounts for ADB.
• Preparation, Submission and ensure approval of withdrawal application from ADB for release of funds for imprest account.
• Design, Develop and implemented contract ledger.
• Reconciliation of contract ledger with ADB LFIS system.
• Ensure withholding tax, Sales tax and Sales tax on services is properly deducted and deposited in Government Treasury and CPRs are stamped for record purpose.
• Responding queries and attending hearings of FBR, PRA and Sales tax.
• Ensure that monthly return of income tax, Sales tax and Sales tax on services is submitted.
• Devising policies & SOPs for C&W Component.
• Developing automated financial system for recording of all type of transactions.
• Liaison with Government Treasury and The Accountant General for release of counterpart funds.
• Responding to the audit observations of The Audit General.
• Approval of all kind of disbursements.

 

Organization:                                   :

 

Khaled JuffaliCompany(Construction Sector)

Position:                                   :

Company Financial Controller

Reporting to:                                   :

Group CFO and CEO

Contribution:                                   :

• Supervise monthly closing and ensure completeness of financial package in all respect.
• Liaison with External Auditor for annual audit.
• Liaison with Internal Auditor to satisfy about control environment.
• Assessment of financial health in long term through 03 years’business plan.
• Assessment of financial and operational risk and take/suggest necessary action to avoid them.
• Cost control and cash flow monitoring through annual budget.
• Quarterly forecast of income statement & balance sheet & cash flow to update financial results at year end as well as at project completion.
• Funds management by generation of invoices on time and balanced payable policy.
• Payroll management by designing systems, directing the collection, calculation and entering of data. Review monthly payroll reports with WPS and correct discrepancies.
• Apply stringent control over manpower cost via Payroll analysis e.g. OT, Man-hour, Deployment, Craft, Department and horizontal analysis.
• Treasury management by timely arrangement of project financing e.g. STL, invoice discounting, rescheduling and timely arrangement of facilities e.g. Bid bonds, APG, PBG, LCs etc.
• Fixed Assets management and arrangement of lease for new asset at low cost.
• MIS reports for decision making and cost reduction e.g. Variance analysis, Age analysis of Receivables & Payables&Inventory,Cost benefit analysis,Due diligence, Sensitivity analysis.
• Suggest the financial results of projects in term of optimistic, probable and worst case scenarios.
• Presentation to BOD regarding Company’s financial results and future prospects.
• Implementation of system and procedure for standardization and better control.
• Contribute to the operational decision making of the company for smooth operations.
• Provide support and inputs in preparation of proposal for new projects
• Supervise & train accountants to improve efficiency and effectiveness of the department.
• Ensure compliance with applicable Laws.

Organization:                                   :

Descon Integrated Projects (PVT) Limited(EPC Sector)

Nature of projects:                                   :

Wind Power, Thermal Power, Hydro Power

Clients:                                    :

UCH Power, Metro Power, PEDO, K Electric, Parco

Position:                                   :

Financial Controller-EPC Projects

Reporting to:                                   :

Financial Controller Business Area and the President of the company

Contribution:                                   :

 

 

 

 

 

 

 

 

 

 

 

• Projects cost and cash flow monitoring through Project budgets.
• Quarterly forecast of income statement & balance sheet & cash flow to update financial results at year end as well as at project completion.
• Variance analysis; Manpower, Supplies etc.and assess the results of deviation.
• Funds management by generation of invoices on time and balanced payable policy.
• Arrangement of facilities e.g. LGs, LCs, Bonds etc. for smooth operations.
• Liaison with Internal Auditor and External Auditor.
  • Through review of CS, CIR, Purchase orders, Subcontracting agreements, Cheques and expense claims of employees to ensure compliance and approving them as per FCM.
  • Monitoring of business partner with respect to payment, profit sharing, currency exposure.
• Handle complex accounting of onshore and offshore books.
• Ensure smooth Translation of Foreign currency books of accounts in principal currency.
• Maintain statutory books of each company separately in functional currency and consolidation of accounts for management in principal currency.
• Provide support and inputs in preparation of proposal for new projects.
• Ensure compliance with applicable Laws.

Organization:                                   :

Descon Engineering Qatar LLC(Construction Sector)

Nature of Projects:                                   :

Oil & Gas

Client:                                   :

TechnipChyoida Joint Venture (TCJV)

Position:                                   :

Financial Controller – Project

Reporting to:                                   :

Business Area Financial Controller and General Manager

Contribution:                                   :

• Projects cost and cash flow monitoring through Project budgets.
• Quarterly forecast of income statement & balance sheet & cash flow to update financial results at year end as well as at project completion.
• Funds management by generation of invoices on time and balanced payable policy.
• Variance analysis; Manpower, Supplies etc.and assess the results of deviation.
• Participation in monthly financial review in the presence of CEO, CFO, GM, PM, CFC etc.
• Liaison with Internal Auditor and External Auditor.
• Evaluate Project progress by performing efficiency analysis, S curve and resource analysis.
• Identify major cost drivers and suggest measures for reduction of cost.
• Stringent control over manpower cost via Payroll analysis e.g. OT, Man-hour, Deployment, Craft, Department and horizontal analysis.
  • Implementation of most cost effective buy vs. rent policy (in case of deployment of machinery and equipment).
  • Calculation of payback period and IRR of newly purchased assets.
  • Through review of CS, CIR, Purchase orders, Subcontracting agreements, Cheques and expense claims of employees to ensure compliance and approving them as per FCM.
  • Ensure control environment, conducted internal audit of E&P, Admin and Store department on quarterly basis.
  • Ensure compliance with applicable Laws and Taxes

Organization:                                   :

Descon Engineering Qatar LLC(Plant Services & Maintenance Sector)

 

Nature of Projects:                                   :

Oil & Gas, Chemical, Fertilizer, petrochemical

 

Clients:                                   :

Qatar petroleum, Qatar gas, Qatar fertilizer, Qatar petrochemical, CTJV

 

Position:                                   :

Financial Controller - Shutdowns, Workshop, Central Store and Manpower supply

 

Reporting to:                                   :

Business Area Financial Controller and Project Director

 

Contribution:                                   :

• Supervise monthly closing and ensure Financial Packages are reported on time.
• Use Analytical Studies of projects as a tool to assess financial performance of the project.
• Arrange and lead monthly financial reviews in the presence of PD, OM, SMs.
• Variance analysis; Manpower, Supplies etc.and assess the results of deviation.
• Preparation of cost report of workshop and Central Store for measurement of fixed overheads.
• Quarterly forecast of income statement & balance sheet & cash flow to update financial results at year end as well as at project completion.
• Provide support and inputs in preparation of proposal for new projects.
• Consolidation of monthly accounts segment wise.
• Funds management by generation of invoices on time and balanced payable policy.
• To ensure Trial balance items are presented fairly, supervise monthly reconciliationof Cash, Bank, MIT, Inter project is done along with schedules of every line item of balance sheet.
• Age Analysis of Debtors,Creditors and Inventory.

 

Organization:                                   :

Packages Limited(Manufacturing)

 

Organization Type:                                   :

Paper and Packaging

 

Designation:                                   :

Accounts Officer

 

Reporting to:                                   :

Section head

 

Brief Job Description:                                   :

• Assist in preparation of monthly accounts.
• Daily invoicing to clients and booking of receivable invoices, reconciliation with the clients.
• Booking of payables invoices, reconciliation with the payables.
• Preparation of export documents along with letter of credit.

 

Professional Certification & Academic Education

 

Sr.

Certification / Degree

Institution / University

Specialization / Major

Passing

Year

1

ACCA

ACCA

Financial &Management Accounting, Audit

 2005

2

B.Com

Punjab University

Accounting, Economics, Audit

1999

3

I.Com

Lahore Board

Accounting, Statistics, Banking

1997

 

 

 

 

Computer Skills

 

Sr.

Skills & Abilities

Proficiency Level

Last Used / Practiced

1

ACCPAC 7.3

Excellent

April 2015

2

MS Office

Excellent

Currently Using

3

SAP

Basic

April 2006

 

 

 

Professional Development

 

Sr.

Workshops / Seminars

Year

1

Project Financial Framework in Public Sector-By Asian Development Bank

2017

2

IFRS-By ACCA Pakistan

2017

3

Strategic Time Management–ByTime lenders (03 days training)

2014

4

Leadership and Management -ByTechnip(02days training)

2012

5

Leadership and Management -ByILM (08 days training)

2011

 

 

 

Personal Information

Passport No.                             :

AB Show number8693303

Language Competency         :

English, Urdu, Punjabi

Countries Worked                   :

Qatar, Pakistan, Saudi Arabia

Driving License                        :

Saudi License valid till May 20, 2021

 

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