Currently working in large business group of Saudi Arabia based at Jeddah as Finance Controller. I have 21 years of banking and non banking experience in local and multinational financial institutions and large corporates.
Mamas Group of Companies- SAUDI ARABIA
Mamas is renowned business group in Kingdom of Saudi Arabia. It has 32 group companies in field of power transmission lines, telecom, shipping, freight forwarding and construction sectors.
o Lead the implementation of ERP and e.invoicing in different projects of company.
o Formulation of SOP’s and policies for finance and accounts function of the company.
o Preparation of financial statements of the company.
o Providing guidance and leadership in day to day tax related issues.
o Implementation of VAT rules and regulations and supervision of accurate and timely filing of VAT returns.
o Coordinate with Tax consultants regarding GAZT enquiries and tax audits.
o Coordination with other departments regarding VAT implications of the financial transactions.
o Tax planning to ensure tax savings and avoiding tax penalties.
o Hiring, training & development of finance staff of different projects of company.
o Supervision of General Accounts, Accounts Receivable, Accounts Payable functions of the company.
o Supervision of payroll function of the company.
o Preparation of annual budget of the company.
ICBC is the largest commercial bank in the world having its operations in Pakistan. I joined ICBC in 2013 as first local employee in Financial & Accounting Department. My major responsibilities were as under:
o Formulation and review of accounting policies and SOP’s in line with Head office Beijing and local requirements.
o Setting up and implementation of internal controls in finance and administration department as per local requirements.
o Being member of procurement committee, providing input on high value purchases of goods and services.
o Coordination with IT and Banking department to incorporate day to day changes in tax rules and regulations for banking services.
o Training and development of finance department staff.
o Supervision of monthly VAT/Sales Tax on banking services and ensuring the tax payments reconciliations.
o Negotiation with the vendors, contracts managements, general staff supervision and limited HR functions at Islamabad Branch.
o Consolidation of tax data for all the branches, checking for accuracy and submission to tax consultants.
o Handling internal & external tax queries & guidance and supervision of branches regarding compliance of tax laws.
o Liaison with tax authorities and provision of information for tax audits.
o Drafting/proof reading minutes of meetings of Board of Directors
o Circulation of meeting agendas to the Board of directors members.
o Submission of compliance reports to SECP for change/appointment of directors.
o Preparation of FPT for incoming directors/key executives and submission to SBP.
o Supervision of branches regarding withholding of taxes and reporting to Head Office. .
o Liaison with tax consultants on running tax audits of Income Tax Department and provision of requisite information to facilitate such audit.
o Submission of different forms/reports to SECP regarding compliance of Companies Ordinance 1984 and Code of Corporate Governance.
o Consolidation of tax data received from branches, checking and submission to tax authorities on timely basis.
o Assisting Manager Corporate and Tax Affairs in corporate matters