Summary
Overview
Work History
Education
Skills
Timeline
Hi, I’m

Shahnawaz Zafar

Fellow Chartered Accountant
Lahore,Punjab, Pakistan
Shahnawaz Zafar

Summary

Chartered Accountant (FCA) by profession with diversified post-qualification experience of 15 years plus in areas of Financial management, Financial reporting, Feasibility preparation, Budgeting and planning, Cost Accounting, and ERP implementations.

I am currently working as Dep. General Manager Finance in Ghani Global Group of Companies which comprises Public Listed Companies and Private Companies. Previously worked as Manager Accounts & Finance in Concrete Concepts (Pvt) Ltd.

Specialties: Financial Management, Financial Reporting, Financial modeling, Feasibility Reports preparation, Budgeting, Costing & planning, ERP.

Overview

15
years of professional experience
18
years of post-secondary education

Work History

Ghani Global Group
Lahore

Dep. General Manager Finance/Dep. CFO
05.2011 - Current

Job overview

  • Managed budget implementations, employee reviews, training, schedules, and contract negotiations.
  • Drove year-over-year business growth while leading operations, strategic vision, and long-range planning.
  • Developing and executing a financial strategy that supports the Companies' goals and long-term success.
  • Leading and mentoring a team of finance professionals, fostering their growth and ensuring their effectiveness.
  • Collaboration with executive leadership for the financial planning, budgeting, and forecasting processes.
  • Implement data-driven approaches to analyze financial metrics and trends, informing strategic decisions.
  • Oversee financial reporting, ensuring compliance with regulatory requirements and transparent communication.
  • Driving capital allocation strategies, investment decisions, and risk management initiatives.
  • Leading treasury and cash management efforts to optimize liquidity and financial stability.
  • Fostering relationships with investors, stakeholders, and financial institutions.
  • Preparation of feasibility reports, capital investment reports appraisals and project-based cash in/out flow statements
  • Arrangements of Long-term financing and Short-Term financing as per requirements for the existing projects and new projects.
  • Dealing with banks for creation and vacation of 1st / Joint Pari Passu / Ranking Charge / Specific charge on fixed / current assets of the company
  • Ensuring timely and accurate processing of Letters of Credit, Guarantees, Bills and Trust Receipts
  • Monitoring and supervision of management reports for the BOD.
  • Presenting the financial position and performance of the company to BOD in monthly meetings.
  • Attending statutory and management meetings.
  • Supervising and monitoring of all accounting functions including external audit.
  • Supervising and monitoring of the insurance arrangements of all assets of the group companies.
  • Coordination with Sales & Marketing Department for the recovery to meet the working capital requirements.
  • Coordination with Imports/Trade Department for opening/retirement of letters of credit for import of plant & machinery and Raw Materials, from the Bank
  • Key role in the implementation of customized ERP & Oracle in the Group.
  • Maximized efficiency by coaching and mentoring personnel on management principles, industry practices, company procedures, and technology systems.
  • Introduced new methods, practices, and systems to reduce turnaround time.
  • Implemented operational strategies and effectively built customer and employee loyalty.
  • Monitored financial performance, set budgets and controlled expenses to provide financial stability and long-term organizational growth.
  • Developed and implemented strategies to increase sales and profitability.

Concrete Concepts Pvt Limited
Lahore

Manager Account & Finance
01.2009 - 05.2011

Job overview

  • Maximized performance by monitoring daily activities and mentoring team members.
  • Developed and maintained relationships with customers and suppliers through account development.
  • Managing the company’s financial accounting, monitoring, and reporting system;
  • Preparation of the projected financial plans of the company;
  • Prepared the annual operational plan (AOP) and cash budget of the company with sensitivity analysis;
  • Conducting reviews and evaluations for cost reduction opportunities;
  • Developing external relationships with appropriate contacts e.g. auditors, solicitors, bankers, and statutory organizations;
  • Conducting financial analysis and preparing detailed financial reports and statements as per requirements of strategic management;
  • Keeping abreast of changes in financial regulations and legislation
  • Handling all the accounts and tax matters of the company;
  • Implemented customized financial software for the company in coordination with the system consultant
  • Designing financial reporting structure for strategic management;
  • Communicated clearly with employees, suppliers and stakeholders to keep everyone on same page and working toward established business goals.
  • Planned and budgeted accurately to provide business with resources needed to operate smoothly.
  • Controlled costs to keep business operating within budget and increase profits.
  • Monitored and analyzed business performance to identify areas of improvement and make necessary adjustments.

S. M. Masood & Co., Chartered Accountants
Lahore

Manager, Audit and Assurance
12.2003 - 12.2007

Job overview

  • Investigations in the Banking Sector
  • Conducted forensic and investigative assignments in the Banking Sector. Engaged in various investigation assignments in Banking Companies.

Audit:

  • Planning the statutory audit assignments, setting out and defining audit risks, tailoring the audit
  • programs in accordance with International Financial Reporting Standards and respective local
  • legislations, finalizing the accounts in compliance with International Financial Reporting Standards,
  • finalizing the audit report with the partners.

Consultancy:

  • During my training period at the firm, I was engaged in consultancy assignments: like, existing system
  • studies, review of accounting and internal control system of the organizations, preparation of
  • accounting and internal control manuals for the organizations.

Corporate and Tax matters:

  • Gained valuable experience of: Incorporation of companies, to represent the companies before the Securities & Exchange Commission of Pakistan (SECP) to resolve the corporate matters,
  • filing of annual return and other corporate documents with SECP,
  • Scrutinizing the income tax and sales tax matters during the course of audits tax returns

Education

Institute of Chartered Accountants of Pakistan
Karachi, Pakistan

Fellow Chartered Accountant from Finance, Account, Taxation, Management
01.2002 - 12.2008

Higher Education Commission, Pakistan
Lahore

Master in Commerce from Accounts, Finance And Management
01.2001 - 12.2002

Board of Intermediate And Secondary Education
Lahore

from • Faculty of Sciences (FSC), 1st Division, 2000
12.1998 - 12.2000

Board of Intermediate of Education, Lahore
Lahore

• Matriculation, Science Group, 1st Division from Science Education
12.1996 - 12.1998

Skills

    Budgeting & Planning

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Timeline

Dep. General Manager Finance/Dep. CFO

Ghani Global Group
05.2011 - Current

Manager Account & Finance

Concrete Concepts Pvt Limited
01.2009 - 05.2011

Manager, Audit and Assurance

S. M. Masood & Co., Chartered Accountants
12.2003 - 12.2007

Institute of Chartered Accountants of Pakistan

Fellow Chartered Accountant from Finance, Account, Taxation, Management
01.2002 - 12.2008

Higher Education Commission, Pakistan

Master in Commerce from Accounts, Finance And Management
01.2001 - 12.2002

Board of Intermediate And Secondary Education

from • Faculty of Sciences (FSC), 1st Division, 2000
12.1998 - 12.2000

Board of Intermediate of Education, Lahore

• Matriculation, Science Group, 1st Division from Science Education
12.1996 - 12.1998
Shahnawaz ZafarFellow Chartered Accountant