Babar Aijaz

1. Enhanced investments portfolio from Rs. 3.5 billion in 2019 to Rs.5 billion i.e., by 43%, by virtue of better financial planning.

2. Achieved highest ever revenue, other income and profit after tax in last two consecutive financial year despite pandemic.

3. Designed and developed Static Risk Register and Investment Policy of the Company.

4. Formulated ten-year strategic financial plan of the Company and feasibility studies of BMR projects.

5. Presented financial statements, budgets and strategic plan to the Board of Directors and its sub-committees highlighting key financial indicators and operational efficiencies.

6. Lead financial activities of the Company including statutory financial reporting, capital expenditure planning and evaluation, budgetary control, profit forecasts, product costing, funds management and taxation. Met all the timeline and targets, despite of separation of two Managers during 2021.

7. Implemented online vouchers approval system with subsequent alignment to Federal Board of Revenue requirements for online payments.

8. Lead the team in winning different awards by the Company including Top 25 Companies award of Pakistan Stock Exchange (PSX), Management Association of Pakistan (MAP) award and Best Corporate report award by ICAP.

9. Made timely arrangements of all financial facilities from all the banks of the Company at a very competitive rate.

10. Managing team of 20 individuals comprises of qualified ACA, CMA (UK), CFA and other qualifications.

As part of Company's succession plan, worked as DGM F&A for six months.

1. Transformed Internal Audit function to a risk-based audit, with a defined Internal Audit Plan and objectives.

2. Designed and implemented internally developed Internal Audit Module.

3. Recommended major IT related controls as against manual paper work such as implementation of production module, Integration of access control attendance system with payroll, Integrated Material Requirement planning, MIS system of Quality Control department etc.

4. Reported to Board Audit Committee as Secretary to BAC.

Liaised with all departments of the company towards implementation of Board Audit Committee's and Internal Audit's recommendations. Ensured that audit recommendations get implemented and the tangible benefits are seen by the stakeholders.

1. Prepared Organization Wide Risk Assessment document and identified mitigating controls.

2. Drafted and implemented Internal Audit Manual.

3. Conducted departmental and financial reporting audit as per Board Audit Committee approved audit plan and recommended improvements.

4. Liaising with all departments of the Company towards implementation of Board Audit Committee and Internal Audit's recommendations. Ensuring that audit recommendations get implemented and the tangible benefits are seen by the stakeholders.

1. Provided Assurance and internal audit consultancy services to different construction and investment group in Oman. Performed special assignment with respect to risk assessment and identification of internal control weakness and suggestion of mitigating actions.

2. Performed GAP analyses through ERP at different audit clients.

3. Developed Risk based audit plan as per risk assessment of organization.

4. Performed engagement planning based on the understanding of the client's business processes and assessment of business and audit risks, supervision of the engagement, review and finalization, including close liaison with client's management.

5. Evaluated internal control systems and risk management procedures, identified weaknesses therein and making recommendations to management and Board Audit Committee.

1. Supervised various audit and related engagements, from initial planning to the conclusion of examination and reporting thereon. A brief of major responsibilities includes:

2. Statutory audits in accordance with International Accounting Standards and SECP and SBP guidelines, of companies and banks.

3. Standard audits under guidelines of multinational holding companies − Analysis of financial results and reporting the same.

4. Worked extensively on internal control and reported weaknesses and ways to improve them.

5. Reviewed work of Internal audit and reported thereon.

6. Reviewed credit portfolio of various banks.

7. Taxation due diligence