Sarmad Raheem | Team Lead Financial

Planning & Analysis

Location: Islamabad, Pakistan
Contact:+92 308 555 05 11
+92 346 111 33 84
Email: Sarmadraheem@gmail.com

Professional Profile

A qualified professional, well focused and goal oriented, offering more than 10 years of
enriched experience in Financial Analysis, planning and accounting affairs. Equipped problem
solver with innate ability to handle timed assignments efficiently.

Core Skills
- Business Planning - SAP – IM Module
- Budgeting - SAP – Business Planning and
- Costing and Reporting Consolidation
- Financial Modeling - Power Point Presentations
- Dashboard in Microsoft Excel - Problem Solver (Top strength in
- SAP – FI Module 5 core strengths as certified by
- SAP – CO Module Strengths School Singapore)
Education
- Chartered Accountant (ACA)
Instritute of Chartered Accountants of Pakistsn

- Masters – Accounting and Finanance

University of Northampton – UK

- Bachelors of Commerce
University of the Punjab, Pakistan

Career Summary
May 2017 – Present Team Lead – Financial Planning and Analysis
Fauji Fertilizer Company Limited

Key Responsibilities:
- Preparation and compilation of yearly Business Plan / Budget of the company (Sales, Opex and
Capex Plan).
- Preparation of budgeted financial statements of the company.
- Preparation of long term financial projections of the company and simulate various scenarios
through the use of dashboards.
 - Preparation of presentations on Business Plan of the company for presentation to higher
management and Board of Directors.
- Monitoring of Actual expenses against the Board approved budget.
- Preparation and presentation of monthly variance analysis reports along with relevant
commentary to the higher management.
- Review the procurement process of the company from finance department perspective and
ensure compliance of company’s accounting and procurement policies implementation at
transaction level
- Comparison of actual profit and loss with the budgeted and present variance to higher
management.
- Preparation of projected cashflows of the company to workout deficit or surplus for financing
arrangements
- Analysis of fund intensive Capital expenditure projects on the basis of Payback and IRR.
- Liaison with departments and internal stake holder for necessary provision and furnishing of
data.
May 2012 – May 2017 Team Lead – Costing and Reporting ( Plantsite)
Fauji Fertilizer Company Limited

Key Responsibilities:
- Oversight of Costing and reporting function of finance department at plansite
- Responsible for compliance of company procurement procedure manual at the time of initiation
and payment of transactions
- Accounting of Capital Work in Progress of plantsite segment.
- Posting of asset acquisition, transfer and deletion in accounting system SAP.
- Processing and posting medical claims and payables to employees.
- Preparation and compilation of plantsite budget at cost center level.
- Preparation of costing reports of plant to analyze the variance.
- Preparation of data and information for financial statements.

August 2011 – March 2012 Management Accountant

Ovex Technologies (Pvt) Limited

Key Responsibilities:
- Stock reporting on daily basis from SAP accounting system to CEO and COO as per their
requirements
- Preparation, review and posting of double entries in SAP to complete the books of accounts for
the respective accounting period.
- Review and rectification of General Ledger module as updated by supporting departments
including Accounts payable, accounts receivables and commissions.
- Posting of Treasury movements on daily basis in SAP as affected by Parent company from
business bank accounts.
 Nov 2007 – May 2011 Audit Associate
KPMG Taseer Hadi & Co. Chartered Accountants

Key Responsibilities:

- Development of audit strategy and plan of various listed and private companies focusing on
risky and critical areas.
- Preparation, verification and review of financial statements in accordance with International
Financial Reporting Standards (IFRSs) and applicable local laws
- Preparation of audit reports.
- Preparation of control weakness/ deficiency and recommendations letter.
- Preparation of key correspondence with those charged with governance of client.
- Evaluation and documentation of accounting and internal control systems
- Preparation of report on deviation from the procedure manuals in internal audits
- Review of internal control procedures to ensure adherence to management policies and control
procedures and to suggest improvements therein
- Execution and performance of tax audits and ensuring that tax liability has been accurately
assessed.
- Review of corporate matters and ensuring compliance thereon in the light of Code of Corporate
Governance.

Languages

- English
- Urdu
- French