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Ikhlaq Hussain

Full Name : Mr. Ikhlaq Hussain


Age : 41
Nationality : Pakistani
Marital Status : Married, Three Child
Contact Email : +92 (322) 222 4526
: ikhlaq.hussain@siemens-healthineers.com , ikhlaq1996nu@yahoo.com

Mentor / Professional Affiliation Stefan Pelser  Siemens Healthcare (MESA RSA FI), Head of Finance South Africa

Summary of Experienced in a diversified, dynamic and challenging environment. like to work whole heartedly with an inspiration
Experience and self initiative. so far, I have been an important collaborator in a multinational organization, ability to lead for
excellence and inspire the team. Having 15 years of experience in leading organizing Business Controlling &Mgmt.
Proven ability to strengthen existing business. Acquired sound knowledge while working in the organization i.e.
Business management, analysis, controlling, risk management, books and record policy compliance, relationship
building and keeping a high level of sprit. Ability to communicate, command and formulate key strategies for success.

TOP 5 Strengths Restorative, Analytical, Ideation, Individualization, Learner.


Acc. Credentials BS (Hons), PMP (Trained), FMVA (CFI), CMA (ongoing)
Siemens Learning 1. People and Business Management Level-1
2. New to Managers
Campus 3. People and Business Management Level-3
4. Compliance Education Program CEP1
Business Mgmt. Skills Business Strategy, Business Analysis, Business Process Improvement, Financial Planning

Tool Expert SAP (Spiridon AP0, PB1) & MS Office, QlikView (Funnel Management), Shareville, COCIR (Market Data Analysis)
Strategic Planning (PATH) Management Business review and Targets,
OPW, Business Improvement & Controlling, Compliance Tools (SpoDoM, Business Partner)

CAREER BACKGROUND

Company Current Position Year


SIEMENS
Head BA CS, Head Credit & Cash Collection Jan 2022 to present
Healthineers

CURRENT RESPONSIBILITY
Head BA CS, Head Credit & Cash Collection (01 Jan 2022 to present)
• Forecasting/Budgeting (P&L, Assets), monthly/quarterly Reporting
• Controlling (P&L, Working Capital, Productivity, Project Controlling, Incentive Systems),
• Accounting (Contracts, Accruals, Revenue Recognition),
• Procurement (direct material, indirect material)
• Key stakeholders
o MESA Zone, Country Management, Country Service Head, Accounting and Reporting.
o Customers/ Distributors, External Service Providers and Suppliers
• Reduce Days Sales Outstanding
• Drive a standardized Zone collection process
• Monitoring of receivables within a customer order/ service contract
• Securing Cash inflow by reliable AR management
• Trigger of customer communication in case of overdue Receivables

Country internal Control Manager, Digi Ambassador, M&A (Dec 2020 – Dec 2021)
• Key contact for ARE management, RIC Hubs and external auditors regarding IC topics
• Support and advise ARE management on implementation of an adequate Internal Control System
• Ensure correct application of RIC methodology
• Coordinate and support team of Control Requirement Contacts (CRCs) and Independent Assessors (IAs) to deliver high quality results
• Participate in central IC trainings and conduct local trainings
• Foster taking on improvement potential
• Facilitate a timely, effective and efficient IC process in the respective ARE throughout the RIC year
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Ikhlaq Hussain, Lahore, Pakistan
Mobil : +92 (322) 222 4526, Email : ikhlaq.hussain@siemens-healthineers.com, ikhlaq1996nu@siemens.com
Ikhlaq Hussain

Commercial Head Business Area Management (Oct 2016 - Dec 2020)


 Financial planning, controlling and reporting, Capital budgeting, monthly rolling forecasting
 New Orders commercial calculation and Order clarification topic (include: Orders booking protocols, TPs, 3 rd party offers validity. etc)
 Cost centre controlling and reporting to ensure to avoid any cost overrun.
 Profitability and Variance Analysis, Gap Analysis and define measures to achieve the Targets.
 Business Process Improvement
 Monthly / Quarterly / year end closing topic
 Head count direct and indirect allocation
 Market analysis / Market share / Win loss Analysis.
 P&L Responsible
 Profit bridge and Revenue Bridge
Branch Business Administrator (Jeddah) (Jan 2016 - Sep 2016)
 Business Enabler, develop new business relationship, while driving increased penetration into existing accounts, work with sales,
Modality, Bid Team & executives to tailored to meet unique need of each key account customer in western region.
 Lead cross functional team, introduction for a new process that enabled branch functions and contribute SAR +180’ EQ new orders and
+150’ EQ revenue, Team Lead on the A/R work process developed process improvement result in SAR+300’ cash collection for Branch
and reduced DSOs.
 BIC, pushing organization to forward and adhering to Siemens Healthcare Policies & Guidelines making organization aware and
stimulate to define measures, identifying risks and evaluate, clear reporting of ERM to Management
 Adhering to Siemens Healthcare Policies & Guidelines: Attendance, Proactiveness, Collaboration, Training, Quality of work
Head Financial Planning & Analysis (July-2015 - Jan 2016)
 Process owner of Medical Target Agreement and quarterly business review between the Local Organization and Strategic business units.
 Conduct a Quarterly meeting with the CRM Team to discuss the new opportunities, Modality Team to finalize the Market share, Project
management for the turnover and Business Administration for SG&A Topic in order to finalize the P&L statement of each business unit and
approve it in MBR/ MTA Tool with the recommendation of Head of Business Administration and General Manager of Healthcare.
 Built a Profit Bridge supported by the Productivity Measures and record them into BIC Tool for proper monitoring and reporting.
Generate a Complete Financial Report of each Business Unit for the Final Round Meeting with Cluster and Head quarter
Performance Controlling & Financial Reporting (Aug 2009 - June 2015)
 Develop a management information system of monthly reports for healthcare sector as required by the Management comparison and analysis
of current fiscal year actual w.r.t budget & forecast.
 Actively participating in monthly closing, Analysis of all financial statements with divisional and performance controller. Take an appropriate
action together with the corporate accounting and controlling department and with the Global Siemens Services for the posting of financial
transactions in to correct GL accounts.
 Periodic review of order entry, revenue, cost of sales, accruals and work in progress and discuss the project status with the commercial project
manager and take an appropriate action to ensure the profitability of the project on target, in case of -ve deviation report it to management
and take the approval by providing the reasons.
Risk and Internal Control (Aug 2009 - June 2015)
o Sarbanes-Oxley (SOX) Audit Independent Assessor.
o Nominated third time to perform detailed SOX Audits at the transaction level through evaluation of Test of Design (ToD) and
Test of Effectiveness (ToE) as per the RIC -SA issued testing calendar.
Healthcare Sector Compliance Ambassador. (Aug 2009 - June 2015)
o The prime source of communication between regional compliance Officer and the Healthcare Sector for all matters (queries, approvals)
requiring Compliance approval through the Compliance Tool SpoDoM (Sponsorship, Donation and Membership).
o Highlighting on timely basis any Compliance violations or risks within the Healthcare Sector to the RCO office.
Trainings conducted in Siemens Ltd Saudi Arabia: -
Classroom Trainings: -
- Siemens Enterprise Risk Management.
- Controlling in Project Business (CIP-E)
- Project Process and Controlling
- Strategic Planning Tool.

Company Position Year

Project Management Group


April 2007 - July 2009
Cost and Progress Engineer

Achievements:
 Examine the project management process and identify, organize and coordinate the project life cycle phases for control purposes.
 Contribute to project initiation, scope definition and scope change control.
 Plan, organize and support project management and status review meetings
 Generating & Analyzing Reports using the EPM tool according to the needs of Project director &CT Head
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Ikhlaq Hussain, Lahore, Pakistan
Mobil : +92 (322) 222 4526, Email : ikhlaq.hussain@siemens-healthineers.com, ikhlaq1996nu@siemens.com
Ikhlaq Hussain
 Implement project administration processes according to requirements
 Participate in the estimation and preparation of cost budgets and monitor and control actual costs against budget.
 Scheduling the up-coming Projects & Sites in Microsoft Project 2003 as per company standard.
 Calculating average durations of all the running projects for better control
 Actively participating in all levels of management meeting with the customer like project implementation, Planning, critical issues, Project
Budget Over run, Progress status, Dependencies in project and the proposals.
 Analyzing the Risks in the project and generate report in the NRISK tool.
 Generating the High-level report (GM) to show the progress compare with the project end time to the client at the end of every weeks.
REFERENCES. Available on demand

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Ikhlaq Hussain, Lahore, Pakistan
Mobil : +92 (322) 222 4526, Email : ikhlaq.hussain@siemens-healthineers.com, ikhlaq1996nu@siemens.com

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