RAIS IQBAL

(ACPA)

E-Mail: raees64@gmail.com | Contact No.: + (971) 50 263 9616

SENIOR MANAGERIAL ASSIGNMENTS

~ Chief Financial Officer ~ Finance Manager ~ Chief Accountant ~ Audit Manger PROFILE SNAPSHOT
A top management executive with over 20 years of corporate working experience in Financial Management of business

operations providing tactical business solutions for current activities and evaluation of new opportunities. Provides Strategic decisions focusing on increase in profitability, controlling costs and increase in operational efficiency.
Associate member of the Institute of Certified Public Accountants of Pakistan with strong exposure of working with

construction industry (Fibrex Construction Group in UAE) for over 5 years. Expertise in analysing existing systems and procedures and designing internal control systems and facilitating effective decision-making in the position of CFO and Project Senior Accountant.
A proactive leader with proficiency in financial planning, designing and implementing systems for exercising greater control

and management. In-depth knowledge of auditing procedures ensuring regulatory compliances, Taxation, Due Diligence, Implementation and undertaking end to end project finance accountability.
Significant exposure in maximizing business growth for profit maximization through achievements in risk management, cost

reductions, economic control & productivity. Wide industry exposure working for construction, telecommunication, equity trading, food services, manufacturing, textiles, software house and roadside assistance.
A keen planner and strategist, skillful in devising plans and strategies aimed at ensuring continuous growth for the

organization. Possess exceptional negotiation and relationship management skills and abilities in liaising with Financial Institutions/Banks as well as other external agencies. Skill set includes:

Business & Financial Control

Financial Management

Accounts & Audit Supervision

Budgeting & Forecasting

Strategy Development

Team Management

Project Finance & Accounts

Leadership

CAREER SCAN TOP MANAGEMENT ASSIGNMENT Jan 2009 onwards FIBREX ABU DHABI U.A.E Project Senior Accountant

About Fibrex: FIBREX construction group offering clients a complete design and construct contracting solutions reinforced with the ability to self-deliver the core construction elements with the support of its specialist divisions and industries.

Role Gist: Accountable for the maintenance and upkeep of all financial transactions including preparation of monthly project cost report, cash management and reporting, and balance sheet and profit and loss statements. Provide strategic direction with close knit coordination with senior management and operational management. July 2008 Dec 2008 EVAC PAKISTAN (PRIVATE) LIMITED Chief Financial Officer

About EVAC: EVAC is a first-of-its-kind, 24 hour roadside assistance program operating at the moment from Karachi only. EVAC has Responder Vehicles and teams on stand-by 24/7, so that whenever you call theres someone there to come to your assistance. Role Gist: Deliver breakthrough ideas and contribute in new business developments through active participation in management think-tank. Develop strong internal controls to safeguard assets of the organization, maintenance and upkeep of all financial transactions including preparation of monthly cost report, cash flow statement, and balance sheet and profit and loss statements. June 2004 June 2008 DARSON SECURITIES (PRIVATE) LIMITED Chief Financial Officer

About Darson: Darson Securities is corporate member of the Karachi Stock Exchange and the Lahore Stock Exchange. Subsidiaries involved in diversified business including money exchange, equity broking, software development, educational institution, imports/distribution and gold chain manufacturing. Role Gist: Direct and oversee all financial and accounting activities including preparation of monthly profit and loss account and balance sheet. Oversee all Regulatory reporting requirement standard to the brokerage industry including all corporate tax analysis and filings. CAREER SCAN MIDDLE & LOWER MANAGEMENT ASSIGNMENTS Nov 2000 May 2004 VENTURECHEST (PRIVATE) LTD Finance Manager Apr 2000 Oct 2000 Feb 1994 Mar 2000 Phoenix Foods (Pvt.) Ltd. (Dunkin donuts) & Express Excel Courier Services (Pvt.) Ltd Finance Manager MEGATECH COMMUNICATIONS (PVT) LTD., Karachi - Pakistan Chief Accountant May 1988 Feb 1994 ABID TEXTILE MILLS (PVT) LTD., Karachi, Pakistan Chief Accountant May 1984 Apr 1988 MUNIFF ZIAUDDIN AND COMPANY, Chartered Accountants Karachi, Pakistan Trainee student in accordance with Chartered Accountants Bye-laws FUNCTIONAL SKILLS / KNOWLEDGE PURVIEW Strategic and Operational Financial Management Heading finance functions involving determining financial objectives, designing & implementing systems, policies & procedures to facilitate internal financial control.

Formulating the business plans / strategies for maximizing the profitability & revenue generation & realise organizational goals. Devising operational matrices with other business & operational groups for effective management and control. Establishing corporate goals, short term/long term budgets, project accounts & finance and designing business plans/strategies for maximizing profitability and realising corporate goals. Costing, including strategic decisions regarding design and maintenance of costing system. Overall responsibility of costing procedure, cost release and cost analysis. Increasing profitability of the business, controlling costs and increasing operational efficiency by setting up policies, controlling procedures, operations analysis, weakness determination, corrective action etc. in various core areas.

Financial Analysis Performing analytical financial review of operations of the company. Ensuring that the financial information is presented clearly, consistently, accurately and on time.

Understanding financial data for determining past financial performance and projecting the financial probability of company to determine business growth.

Assessing and understanding key business issues behind the numbers and providing clear, concise and timely analysis & recommendations for the same. Conceptualizing business plans & annual budgets on the basis of inputs from various stakeholders and conducting variance analysis to determine difference between projected & actual results

Accounts and Audits Commencing and realizing Management Information Systems for timely reporting of financial & management statements on a periodic basis with accuracy.

Supervising implementation and maintenance of accounting records in computerized environment. Enhancing productivity through automation and maintaining and improving service levels for internal & external customers. Evaluating the adequacy of internal control systems and procedures in order to evaluate the shortcomings and implementing necessary recommendations.

Treasury and Fund Management Overseeing the inflow & outflow of funds and ensuring optimum utilisation of available funds to accomplish organisational goals.

Coordinating with banks and financial institutions for funded and non-funded based facilities at competitive terms and thereby ensuring smooth & effective banking including consortium banking. Formulating and implementing plans to reduce external funds and become self-funded. Designing matrices for cash inflow increase and converting them into KPIs.

Business Control & Risk Management Developing Budgeting Process; formulating annual budgets and carrying out Variance Analysis to determine difference between projected & actual results and thereafter implementing corrective actions for the same.

Formulating & supervising the preparation of MIS reports on financial performance, viz. monthly profitability, turnover and quarterly result as per requirement of the Business Inventing systems of Costing, Cost Management and Margin Monitoring. Creating appropriate Business Transaction Plans/Contracts for Products, services and total solutions. Ensuring control over Profit & Loss Account/Income Statement.

Statutory, Regulatory and Tax Compliances Ensuring regular tax compliances, both direct and indirect followed by regular assessments. Finalising of various accounts and liaising with internal & statutory auditors for conducting audits.

Framing policies and overall control of the procedures which ensured timely finalization and release of Audited Accounts under both IGAAP & IFRS. SCHOLASTICS

Certified Public Accountant Institute Of Certified Public Accountants of Pakistan Chartered Accountant Intermediate, Institute Of Chartered Accountants of Pakistan Bachelor of Commerce, University Of Karachi, Pakistan PERSONAL DOSSIER Date of Birth Languages Known Driving License Nationality LinkedIn 2nd February, 1964 English (Fluent) & Urdu (Fluent) Valid UAE driving license Pakistani ae.linkedin.com/pub/rais-iqbal/40/287/b42