YASIR ALAM

Financial Controller | Chartered Accountant | MBA
RCTA4101, 4101 Al Imam Abdullah Ibn Thaniyan Al Saud, 8491، حي الضباط، Riyadh, 12623, Riyadh, Saudi Arabia.

About

Highly accomplished Financial Controller and Chartered Accountant with 20 years of progressive experience, including 14 years in industry and 6 years in audit. Proven expertise in transforming finance functions from traditional accounting to strategic business partnering, driving financial performance, optimizing working capital, and ensuring robust compliance across diverse sectors. Adept at leveraging ERP systems (SAP S4 HANA, ECC 6) to streamline operations and deliver impactful financial insights, poised to contribute to organizational growth and development.

I have exposure to transforming a loss-making organization to breakeven and then profit through robust analysis of revenues and expenses, identifying areas of growth, opportunities, and improvements.

Work

Ultra Group KSA
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Financial Controller

Riyadh, Riyadh Province, Saudi Arabia

Summary

Currently leads treasury and fund management, financial reporting, budgeting, and Zakat return filing for all group entities, ensuring financial compliance and strategic alignment.

Highlights

Streamlined margin analysis and monthly closing processes, ensuring timely finalization and delivery of executive committee and board packages within deadlines.

Successfully coordinated and completed external audit engagements with EY across all group entities within strict deadlines.

Optimized working capital management, reducing finance costs through timely vendor payments, pre-settlements, and strategic rollover of funded facilities.

Taj Gasoline (Private) Ltd
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Financial Controller

Karachi, Sindh, Pakistan

Summary

Oversaw group taxation, budgeting, controlling, and financial reporting for OMC business operations, driving financial accuracy and compliance.

Highlights

Led the finance team in finalizing and presenting the annual budget to management, including quarterly budget-vs-actual analysis and forecasts.

Developed comprehensive tariff reporting for POL products, enabling precise identification of controllable and uncontrollable costs and supporting strategic pricing decisions.

Secured crucial OTT approvals, ensuring compliance with margin requirements for unfunded credit facilities.

Executed comprehensive tax planning for group companies and successfully represented the organization at departmental and Commissioner Appeals levels.

Three Gorges Wind Farms Pakistan (Private) Limited
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Deputy General Manager of Finance

Islamabad, Islamabad Capital Territory, Pakistan

Summary

Managed budget and financial reporting for three wind farms, coordinating with regional offices of CSAIL and CTGI.

Highlights

Finalized comprehensive budget documents in strict adherence to regional reporting guidelines from the Hong Kong office.

Prepared and finalized accurate monthly financial reporting packages for three wind farm entities (TGW).

Coordinated and facilitated external audits for wind farms, collaborating effectively with key stakeholders (PF, GF, WPPF).

FFBL Power Company Limited
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Deputy Manager Finance

Islamabad, Islamabad Capital Territory, Pakistan

Summary

Contributed to SAP ECC 6 implementation and managed monthly accounting and CO closing processes, enhancing financial control.

Highlights

Spearheaded SAP ECC 6 implementation as a finance lead and power user for FICO, SD, FM, and PS modules, ensuring seamless system integration.

Achieved consistent monthly financial closing by the 3rd working day of the subsequent month, enhancing reporting efficiency and accuracy.

Reduced payable days to a minimum as per management directives, significantly optimizing cash flow and vendor relationships.

Oversaw the successful clearing of a 2-year backlog of Quickbooks transactions, significantly improving data accuracy and compliance.

Lucky Cement Limited
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Manager Finance

Karachi, Sindh, Pakistan

Summary

Headed Accounts at Karachi Plant, implementing departmentalized accrual accounting and serving as key user for SAP S4 HANA FI module while managing taxation.

Highlights

Ensured timely monthly financial closing by the 4th working day, improving reporting cycles and data availability.

Successfully supervised and implemented departmentalized accrual accounting, enhancing financial accuracy and control across departments.

Prepared detailed tax positions for LCL and presented them to senior leadership (Head of Taxation and GM Finance), informing strategic tax planning.

Redesigned and optimized the payables workflow from Plant Site to the Compliance department, increasing efficiency and transparency.

Implemented a Bill Tracking Report, reducing payment processing times by identifying and addressing bottlenecks across departments.

Served as a key user for the SAP S4 HANA FI module at Karachi Plant, supporting system optimization and user training.

Executed special assignments, including classifying critical/consumable spares and defining optimal inventory levels, and conducting 100% physical stock counts without operational disruption.

Universal Packaging Company (Private) Limited
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Manager Finance

Karachi, Sindh, Pakistan

Summary

Led accounts, finance, and taxation functions, overseeing legal status changes and implementing a Visual Basic-based ERP.

Highlights

Developed comprehensive monthly reporting packages, providing critical data for management review and performance evaluation.

Managed working capital effectively by analyzing forward aging and optimizing payable and receivable portfolios, improving cash flow.

Successfully supervised the transition of Universal Packaging's legal status from a partnership to a private limited company, ensuring legal compliance.

Led the implementation of a Visual Basic-based ERP system as the primary management representative, enhancing operational efficiency.

KPMG Taseer Hadi & Co.
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Supervisory Senior

Karachi, Sindh, Pakistan

Summary

Conducted external audit assignments for diverse entities and participated in due diligence reviews and fraud investigations.

Highlights

Managed and conducted external audit assignments for a variety of entities across diverse industries for 6 years, ensuring compliance with audit standards.

Conducted in-depth financial analysis for buy-side due diligence reviews for PSMC and PPL, leveraging data from secure virtual workspaces.

Led fraud investigations into revenue misappropriation, ensuring financial integrity and accountability.

Achieved early promotion to Supervisory Senior well within the mandatory period of articles, recognizing exceptional performance and leadership.

Education

IBA Karachi (Institute of Business Administration Karachi)
Karachi, Sindh, Pakistan

MBA

Masters in Business Administration

ICAP (Institute of Chartered Accountants of Pakistan)
Karachi, Sindh, Pakistan

CA

Chartered Accountancy

Languages

English

Fluent

Urdu

Native

Skills

Financial Management

Budgeting and Controlling, Financial Reporting, General Accounting, Inventory Management, KPIs Reporting, Credit Controlling, Auditing, Group Taxation, Payable and Receivables, Due Diligence Review, Fraud Investigation, Working Capital Management, Cost Management, Tax Planning.

ERP & Systems

ERP Implementation, SAP ECC 6, SAP S4 HANA FI, Visual Basic based ERP, Microsoft Office Suite, Quickbooks.

Leadership & Operations

Team Management, Time Management, Coordination and Communication, Planning and Organizing, Multi-tasking, Process Redesign, Stakeholder Management, Problem-Solving.

YASIR ALAM