Resume for the position of Director Finance

1. MUHAMMAD ARSHAD EHSAN
Cell: (+92) 0324-9946324
E-mail: arshadehsan14@hotmail.com
My OBJECTIVE
Dedicated and self-motivated achiever with innovative and excellent internal and external audit, accountancy and
review skills, looking forward to work with a well-known and an esteemed organization which allows me to work
with freedom by implementing methodical abilities, practical auditing skills and management abilities and to help
me in my career progression in audit and finance field.
PROFESSIONAL & OTHER QUALIFICATIONS

2. PIPFA:
Associate Public Accountant
From:
Status:
Majors:
Pakistan Institute of Public Finance Accountants, Pakistan
APA Member (Completed in 2003)
Financial Reporting, Cost and Management Accounting,
Auditing, Business Law, Information Technology, and
Governance, Risk and Ethics.
CPA
Certified Public Accountant
From:
Status:
Majors:
Institute of Certified Public Accountants of Pakistan
CPA Member
Financial Reporting, Cost and Management Accounting
Auditing.
CA:
CA- Foundation
From:
Trainee
Organization:
Status:
Majors:
Institute of Chartered Accountants of Pakistan
Riaz Ahmad and Company Chartered Accountants, Islamabad, Pakistan
CIA
Certified Internal Auditor
From:
Status:
Majors:
Institute of Internal Auditors, USA
In progress (Expected to be completed in 2014)
 Internal Audit’s Role in Governance, Risk and Control,
 Conducting Internal Audit Engagements,
 Business Analysis and Information technology, and
 Business Management Skills
MBA - Finance:
Master of Business Administration
From:
Status:
Majors:
Allama Iqbal Open University, Islamabad, Pakistan
Completed in 2006
 Financial, Cost and Advance Accounting, Economics,
 Business Studies, Tax, Business Law, Banking and finance, and
 Business Communication
Completed in 2004
 Financial Accounting, Taxation,
 Auditing, Business Law, Information Technology, and
 Governance, Risk and Ethics.
B.Com:
Bachelor of Commerce
From:
Status:
Majors:
University of Punjab, Lahore, Pakistan
Completed in 1999
 Financial, Cost and Advance Accounting, Economics,
 Business Studies, Tax, Business Law, Banking and finance, and
 Business Communication

3. PROFESSIONAL EXPERIENCE HIGHLIGHTS
01 June 2012 to
date
15 February
Middle East Group of Companies, Afghanistan – Geo Chem. Middle East and Sahil Middle
East
General Manager Finance and Operations / Acting CFO
MHK- Solutions ( A Swiss Base Company), Islamabad
2011 to 31 May
2012
Senior Manager Finance and Company Secretary
02 November
2009 to 09
December 2010
FOUNDATION UNIVERSITY MEDICAL COLLEGE, Islamabad. (A Project of Fuji Foundation).
25 March 2009
to 31 October
2009
Riaz Ahmad & Company Chartered Accountants (a member firm of NEXIA
International), Islamabad.
February 2004
To March 2009
Riaz Ahmad & Company Chartered Accountants (a member firm of NEXIA
International), Islamabad.
Worked as Manager Accounts / Accounts Officer
Worked as an Assistant Manager in Audit, Tax and Consultancy Departments.
Worked as an Audit Trainee in Audit and Assurance, Tax and Consultancy Services
Department.
November 2003
To February
2004
November 1998
To February
1999
Oil & Gas Development Corporation Limited
Three Months Internship as Assistant Accounts in OGDCL, Islamabad.
National Bank of Pakistan, Jauharabad
Management Trainee Programmed for Three Months.
JOB & TRAINING EXPERIENCE

4. Middle East Group of Companies, Afghanistan – Geo Chem. Middle East and Sahil Middle East
General Manager Finance and Operations / Chief Finance Officer
12345-
Dealing with overall staff issues.
Responsible for staff payroll.
Responsible for staff contract and prepare each staff TOR.
Responsible for all HR issues.
Responsible for all admin issues. I.e renew office rental contract, updating business contract with those
companies which GCME has a contract with.
6- Responsible for all finance issues.ie preparing balance sheet, monthly office expenditure and revenue
report.
7- Preparing staff leave request sheet and leave tracking database.
8- Preparing policy of the organization.
9- Daily have meeting with all those staff which they are under the supervision given them new task and
take by the end of the day.
10- Daily check with the staff that they should take the backup of databases.
11- Record the filing system properly.
12- As the GCME receive the tenders from customer, General Manager is responsible to read, understand
and provide them the rate.
13- Invoices follow up.
14- Tracking and controlling of sent invoices.
15- Coordinate with Liaisons officers for getting the visa for office staff of various Countries and booking
the ticket and pick up and drop arrangement.
16- Use different sources to expand business.
17- Proposal Writing
18- Human Resource Policy, Work Policy for each region & Employee Handbook
19- Organization’s structure, career maps, reporting lines etc.
20- Performance management system
21- Workforce database
22- Leave policy and structure
23- Employee Compensation, Benefits & Contracts
24- Filling the recruitment gaps and strategizing the recruitment campaigns
25- Training & Development
26- Workforce Planning & Budgeting
27- Employee Counseling and guidance
28- Assisting Managers to perform their team management role more effectively
29- Improving Employee Motivation and Morale through Employee Events & other benefits
MHK- Solutions (A Swiss Base Company), Islamabad
Senior Manager Finance and Company Secretary
•
Drafting & Implantation of Finance Administration & Receivable Policies & their implementation.
•
Financial & Administrative system development
•
Monitoring over the Budget and proper recommendation.
•
Revenue & Cost Analysis report on quarterly basis.
•
Contract administration for the corporate sector and head the marketing team
•
Training and monitoring of proper team coordination.
•
Staff capacity building.
•
Drafting of TOR of Finance, Ticketing, and Business Development and Operational staff.
•
Drafting the internal control & evaluating it on quarterly basis.
•
Verifying the reporting and prepare narrative report on quarterly basis.

5. •
Conducting Internal Audit on Quarterly basis.
•
Verifying the compliance of all activities of the organization with company policies & with the Laws &
Regulation of SWISS.
•
Development, repair, maintained & training of accounting software of BEDAMO.
FOUNDATION UNIVERSITY MEDICAL COLLEGE (A Project of Fauji Foundation)
As Manager Accounts/Accounts Officer
•
Checking of Payroll Account.
•
Reviewing of Accounts on Quick Books.
•
Checking of Fixed Asset Register.
•
Physical checking and verification of Stocks.
•
Managing and controlling the Finance department operations and functions.
•
Providing financial consultancy and proposals to attain positive direction in improving efficiency and cost
saving.
Accountable for directing and supervising the preparation and presentation of the financial statements to
the Board and Management.
•
Prepare asset, liability, and capital account entries by compiling and analyzing account information.
•
Document financial transactions by entering account information.
•
Recommend financial actions by analyzing accounting options.
•
Summarize current financial status by collecting information; preparing balance sheet, profit and loss
statement, and other reports.
•
Secure financial information by completing data base backups.
•
Maintain financial security by following internal controls.
•
Prepare payments by verifying documentation, and requesting disbursements.
•
Maintaining Employees Leave records, Tax records
•
Collecting Fee
•
Maintaining record of outstanding payments
•
Maintaining record of claims submitted for health insurance
•
Opening accounts for new staff
•
Maintain student fee record
•
Recording and reporting office receipt and expenditures
•
Filing yearly income tax returns.
•
Preparing
i)
monthly management performance reports,
ii)
showing key performance indicators,
iii)
Trends analysis,
iv)
comments on budget variations,
v)
Risks and areas that require management attention.
•
Member of the FUMC Executive Management Team.

6. •
Attending company’s yearly board meeting to discuss financial issues.
•
Implementing a new ERP system in the company successfully.
Actively participation in Executive Committees and Board of Directors meetings to discuss and follow up the
performance of future strategic plans and decisions related to group growth and progress.
•
Directed all accounting and financial matters, including year-end Financial Statements preparation, and
the communication with external auditors.
•
Prepared and filed Tax returns for the company and obtained the preliminary and the final Tax certificate
Arranged financing facilities (O/D, Loans, L/C’s and L/G’s) for the company from banks at the best terms
and rates.
•
Designed and executed new daily cash management spreadsheets which resulted in faster performance
and less paper work.
Riaz Ahmad & Company Chartered Accountants (a member firm of NEXIA International)
As Assistant Manager:
•
Financial statements.
•
Management reporting.
•
Audit and Compliance.
•
Liaison with external consultants.
•
Budgeting /Cash flow projection.
•
Taxation.
•
Development & Implementation of Policies & Procedures and Compliance with Holding Company
requirements.
•
Compliance with Corporate Secretarial requirements of Public Listed/Unlisted Company.
•
Conducting internal audit of various clients.
•
Finalization of Internal and External Audits.
•
Preparation of internal control and assurance.
•
Preparation of Tax filing of various clients.
•
Handling of Due Diligence Assignments
Riaz Ahmad and Company Chartered Accountants (a member firm of NEXIA International)
As Audit Trainee:
Audit/ Assurance, Tax & Consultancy Services Department of Riaz Ahmad & Company Chartered Accountants:
Highlights of my experience during articles ship:
Audit and Assurance:
Conducted annual audit of financial statements as required under Companies Ordinance, 1984 and local
regulations in accordance with the International standards on auditing in following capacities:

7. •
As Job In-charge moved my team in the right direction for timely finalization of job in accordance with the
quality control standards of the firm.
•
As Supervisor, responsible for planning and allocation of scarce human resource of the organization and
review of the work performed by the subordinate staff for the timely finalization of job at hand, ensuring
compliance of financial statements under regulatory framework and ensuring the compliance with the firm’s
quality control standards.
Special Audits
Conducted special audits and reviews governed by the internationally implemented manuals of United Nations
Development Programmed (UNDP) Pakistan and United Nations Population Fund (UNFPA) Pakistan.
•
•
•
Development of the audit program in the light of Manuals and Terms of reference issued by the appointing
authority.
Completion of audit within the challenging time lines.
Preparation of reports as per recommended patron or in a manner, which suits the decision making needs of
the appointing authority.
Internal Audit and System Analysis:
Conducted assignments to:
•
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Review of accounting and internal control systems;
Examine financial and operating information; controls; and
Review compliance with applicable laws and regulations.
Review economy, efficiency and effectiveness of operations including non financial
Book keeping and preparation of financial statements:
Supervised and administer;
•
•
Maintenance of books of accounts; and
Preparation of financial statements of various companies in accordance with the applicable International
Standards and applicable laws.
Corporate:
My experience in corporate matters includes:
•
•
•
Preparation and filling of documents and applications for incorporation of companies;
Preparation and filling of various forms and returns under the Companies Ordinance, 1984 on behalf of
clients. and
Provision of consultancy on corporate matters to various clients.
Taxation:
My experience in taxation includes:
•
•
•
•
Gathering of preliminary data to prepare Income tax returns and wealth statements of individual and
companies;
Computation of tax income and tax liability;
Filling of tax returns and refund applications; and
Preparation and filling of appeals before Commissioner of Income Tax (Appeals) and Income Tax Appellate
Tribunal.
MAJOR ASSIGNMENTS
Conducted/participated in the following internal audit/ external audits/special audits/consultancy assignments
during the tenure of my Training Contract:
SPECIAL ASSIGNMENTS
♦ Due diligence study of Heavy Electrical Complex (Private) Limited for Privatization Commission.
♦ Due diligence study of Hazara Phosphate Fertilizers (Private) Limited for Privatization Commission.

8. ♦ Due diligence study of Red tone Telecommunications Pakistan (Private) Limited.
♦ Preparation of Service Rules and Regulations and Financial Powers of NEPRA (National Electric Power
Regulatory Authority)
♦ Preparation of Service Rules and Regulations and Financial Powers of HDIP (Hydro Carbon Development
Institute of Pakistan)
♦ Preparation of Search Report for HPFL and HEC.
EXTERNAL AND INTERNAL AUDITS
MANUFACTURING / TRADING CONCERNS / PRIVATE SECTOR
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D.M Textile Mills Limited.
Hazara Phosphate Fertilizers (Private) Limited.
Wood Working Service Centre, Rawalpindi. (TEVTA).
Askari Guards (Private) Limited.
Fauji Security Services (Private) Limited.
Express Movers.
BANKS
•
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Zarai Taraqiati Bank Limited.
Karakorum Cooperative Bank Limited.
MCB Bank Limited.
Alfalah Bank Limited.
Atlas Bank Limited.
FINANCIAL ADVISOR AND INTERNAL AUDIT CONSULTANCY ASSIGNMENT OF KARRAKURRAM COOPERATIVE
BANK LIMITED
•
•
Review current chart of accounts of the bank and make recommendations to make sure the chart of
accounts is in line with best International Accounting Standards and adhere to Pakistan banking and
other appropriate laws.
Review all accounting procedures, flow information and organization charts of the accounting
department and make recommendations.
•
Support the budget department and develop procedures for the budget department to make sure the
budget is prepared in a professional manner.
•
Maintain and ensure strict regulatory compliance related to financial reporting and disclosure practices
in line with Prudential Regulations of State Bank of Pakistan.
•
Train the department on preparing monthly, quarterly and annual financial statements and progress
reports on financial performance of the bank to the management and supervisors.
•
Develop the accounting system of the bank. Prepare an accounting manual for the bank
•
Introduce and implement internal accounting control measures.
•
Support and ensure the new Core Banking Solution (CBS) is properly implemented in the accounting and
budget departments.
•
Advise the Chief Finance Officer on all department related issues. Provide support to CFO in his
responsibilities.

9. •
Make sure the accounting and budget departments adhere to best accounting standards and all
employees are trained and equipped with the appropriate skills in the two departments.
•
Train Finance Department to prepare Inter Bank & other Bank Reconciliation and Ledger Balancing.
•
Supporting Finance Department Staff in resolving external Audit issues.
•
Implementation of Finance Policy and prepare Internal Control for the compliance.
•
Train them and assist them with the different bank related audit programs.
•
Prepare an audit manual for the audit department.
•
Prepare questionnaires, Check list & Working Sheets for the Internal Audit Department.
•
Review of Financial Statement for errors & compliance with International Accounting Standards and
International Financial Reporting Standards.
•
Conduct the risk based internal audit for organization on monthly basis.
•
Recommendation for the institution manual/policies.
•
Risk Assessment & recommendation to the management.
•
Prepare internal control tools and feedback for the internal control system.
•
Regularly updating the organization about rules & regulation of Pakistan and keep a critical eye on the
compliance.
•
Fraud detection, Irregularities management.
•
Conduct training on policies & manuals.
•
Prepare recruitment criteria, written test and help in conducting interviews.
OTHER ASSIGNMENTS
•
•
Interest payment estimation of Zarai Taraqiati Bank.
Fixed asset coding of Dubai Islamic Bank
•
Income estimation/Loan feasibility for the following banks,
* Standard Chartered Bank
* United Bank
* Atlas Bank
* Dubai Islamic Bank
ERP (ORACLE) ENVIRONMENT WORKING EXPERIENCE
•
•
•
Kohinoor Textile Mills Limited
State Life Insurance Corpration of Pakistan
MCB Bank Limited working in SYMBOL and MIBS environment
PUBLIC/ SIOCIAL SECTOR ORGANIZATIONS
•
•
Pakistan Broad Casting Corporation.
Technical Education and Training Authority.

10. •
•
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•
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•
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Pakistan bar Council. (Provident Fund).
Fauji Foundation Hospital.
Oil and Gas Development Corporation Limited. (Pension and Provident Fund).
Sui Northern Gas Pipelines Limited.
Railway Constructions Pakistan Limited.
State Life Insurance Corporation of Pakistan.
Cavish Development Foundation.
SAHIL NGO.
Pakistan Institute for Environment Development Action Research. (PIEDAR)
SKB Construction Company.
Time Line of Different Management Experience at Different Positions
As Manager at MHK-Solutions
Managing an employee’s strength of 5 persons
As Manager at Foundation University Medical College
Managed a employee strength of about 12 people.
As Assistant Manager at Riaz Ahmad & Company Chartered Accountants
Managed a employee strength of about 83 people.
As Supervisors at Riaz Ahmad & Company Chartered Accountants
Managed employee strength of about 65 people
PERSONAL DATA
Father’s name
Muhammad Ehsan.
Date of birth
10 May 1978.
CNIC no.
38201-1059150-5
Marital status
Married.
Languages
English, Urdu, Punjabi.
Computer Skills
Well versed in almost all versions on MS Excel, MS Word, MS Power Point, MS Outlook, Microsoft Windows and
Accounting Software like Quick Books, Peach Tree and many other kinds of IT based Software in different
organization
Strength
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Goals
Can execute a task within stipulated time.
Can perform under heavy pressure.
Wiling to face new challenges.
Have a strong leadership skill.
Can handle an entire task independently.
Can motivate others to contribute in the growth.
Have a strong interacting skill.

11. •
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Ensure the growth of Company
Complete a task within deadline.
Stimulate others staffs to deliver their best.
Encourage team effort.
Personal Skills
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Creative, Hardworking, Sincere, Self Starter and Dedicated.
Good Communication Skills, Quick Learner, Trainable and Adaptive.
Energetic, Enthusiastic may have Dynamic Personality, Highly Self-Motivated and responsible Professional
Team player having ability to move and guide the team to right direction, when needed.
Ability to quickly adapt myself with the working environment of a new and large organization.
To work under pressure and generally produce good results.
Self motivated and result oriented individual with sound knowledge and understanding of principles
underlying good planning, implementation and control aspects of financial management.
Preparation and presentation of financial statements, including consolidated financial statements.
Preparation and assessments of zero based, Incremental and flexible budgets.
Compliance checking of various laws including provisions of Companies Ordinance, 1984 and Income Tax
Ordinance, 2001.
Appearance and Loyal towards my Task.
REFERENCES
References will be provided on demand.