Imran Khalid

Accomplished finance professional with expertise in financial accounting and reporting, business transformation, and financial planning and execution. Demonstrates a strong track record in funding arrangements, treasury management, and implementing robust procedures and internal controls to mitigate risks effectively. Proficient in financial modeling, budgeting, forecasting, and delivering comprehensive financial data analysis to support strategic decision-making. Adept at corporate affairs and taxation with strong business acumen, driving operational efficiency through meticulous risk assessment and metrics reporting. Committed to leveraging analytical skills to optimize financial performance and support long-term organizational growth.

Hands-on Financial Controller skilled in leading motivated staff to achieve cross-functional activity. Aligns operations with business objectives for good team progress. Challenged policies and procedures to optimize financial performance.

Highly-motivated individual uses flexible, adaptable work ethic to thrive in fast-paced financial environments. Plans and prioritises well to deliver projects to quality and timeframe targets. Analytical problem-solver with excellent reporting and evaluation abilities.

• Chartered Accountant, Fellow Member, The Institute of Chartered Accountants of Pakistan
• Chartered Accountant, Associate Member, Institute of Chartered Accountants of England & Wales
• Chartered Management Accountant, Associate Member, Chartered Institute of Management Accountants (CIMA UK)

• Saudi Arabian Parsons Limited, Riyadh, Riyadh, Saudi Arabia, Senior Financial Controller, Head of Projects Cost, 01/01/12, Present, Delivered Ministry of Housing 23 projects with a total budget of SAR 1.6 billion (USD 426 million), from inception to completion, staying within budgetary constraints and achieving satisfactory outcomes., Managed mega projects- KAFD, Ministry of Housing, Oxagon, The line, NHC, Qiddiya, SEVEN, DGCL, ROSHN, and other projects (SAR 5 billion+)., Implemented enhanced controls and fostered collaboration with PMs and stakeholders to achieve Business Plan targets from 2013 to 2024, resulting in successful outcomes., Devised management accounting and cost control system for 'Mega' programs in high-pressure and volatile environments., Played the pivotal role in establishing the Pricing Model which being used for EMEA region. This enhanced the analysis, improved reporting to top management, and resulted in improved & accurate decisions., Spearheaded development of the finance team at the program/project level, while providing training and coaching to cost accountants & engineers (30+) and PMs (20+) at the program/project level, contributing to the growth and success of Parsons., Established an effective organizational structure within the department to facilitate the achievement of short-term goals and long-term objectives., Generated financial reports to support strategic decision-making, such as customer discounts, pricing for new proposals, and project extensions., Oversee preparation of project budgets and ensure adherence to budgetary constraints throughout project execution. Develop and generate forecasts to inform strategic decisions and effectively manage costs., Review monthly financial reports and actively participate in region-level (MEA) review meetings. Collaborate with project managers and on-site cost accountants to control costs., Manage monthly billing cycle and expedited collection of outstanding accounts receivable. Monitor and manage cash flow by tracking transactions and regularly reviewing internal reports., Design and deploy accounting policies and procedures related to cost control, procurement, and budgeting. Collaborate with both internal and external auditors to ensure regulatory compliance., Attend quarterly review meetings with corporate and regional management. Devise mitigation plans for monitoring project risks as well as assure compliance with all local tax requirements. Ensure accuracy and compliance of financial results and reports with current accounting principles and financial reporting standards., Devise and deploy robust management accounting and cost control systems for high-stake 'Mega' programs, delivering effective financial management in an uncertain and demanding environment.
• Emaar Pakistan Group, Lahore, Punjab, Pakistan, Financial Controller (Head of Finance), 01/01/06, 12/31/12, Secured financing of over $77 million from multiple local and international banks in difficult economic conditions for Emaar Pakistan Group through skilful negotiations, resulting in significant interest savings., Headed the Business Process Management (BPM) team to develop and successfully implement the company’s policies & procedures., Onboarded and built a high-performing team of financial professionals, expanding the team from three to thirteen members under strategic leadership., Spearheaded finance team to deliver the record-breaking implementation of Global Oracle Financial Instance (covering AP, AR, GL, CM, FA, and Project costing) within six months, in collaboration with KPMG., Created an effective organizational structure within the accounting department to facilitate the achievement of short-term goals and long-term objectives., Led due diligence and company valuation for both companies, providing key insights for business decisions., Developed and implemented financial procedures and internal controls, adhering to corporate policies., Liaised with the Board of Directors and other committees on financial matters, attending monthly review meetings with corporate and regional management., Secured financial arrangements, including traditional and Islamic financing, with banks for both existing and new facilities of company., Managed cash flow by accurately tracking transactions and conducting regular internal reports reviews., Prepared detailed projections for banks and management teams, serving as basis for critical strategic decisions., Scheduled timely payments for debt repayment, ensuring healthy financial position for organization., Oversaw accounting operations of Emaar DHA Islamabad Limited and Emaar Giga Karachi Limited, ensuring compliance with accounting principles and financial reporting standards., Produced monthly, quarterly, and annual financial statements for both management and statutory requirements, ensuring accuracy of financial results and reports. Maintained effective system of budgets and controls designed to mitigate risk., Complied with all local and federal tax filing and reporting requirements, liaising with corporate tax consultants on various tax issues, including company's annual returns., Played pivotal role in the tender board committee, and other committees established by BOD., Approval authority with CEO under Authority of Matrix, demonstrating sound decision-making skills.
• Pak Elektron Limited, Lahore, Punjab, Pakistan, Senior Costing & Management Officer, 01/01/05, 12/31/06, Designed and implemented a new costing system that featured job order costing, processing costing, work-in-progress updated status, and material planning for Pak Elektron Limited. Two divisions, Power, and Appliances, with more than ten product lines., Projections for TFC rating from PACRA and Potential Investors this help Pak Elektron Limited to achieve its strategic goals., Constructed data accumulation systems for a cost accounting system., Created and reviewed the controls needed for data accumulation and reporting systems., Analysing actual manufacturing costs and coordinating in the finalization of monthly financial statements., Reporting on periodic variances and their causes, focusing on material, and labour variances., Analysing costs and recommending cost control techniques., Preparing management reports on wastage, production reconciliations, abnormal loss., Making estimates of new and proposed product costs., Providing management with reports specifying and comparing factors affecting prices and profitability of products., Preparing the product costing budgets for the Annual Business Plan, and monthly analysing the budget variance., Managed material planning by coordinating with production personnel for local and imported goods., Coordinated physical inventory counts and cycle counts., Maintained the inventory optimum level to meet the production requirements., Prepared projections for external investors and the management team to make strategic decisions., Created an organizational structure within the costing department to facilitate the achievement of the department’s short-term goals and long-term objectives., Collaborating with external and Internal Auditors.
• Abu Dhabi Asphalt & Lubricants Co., LLC, Abu Dhabi, Abu Dhabi, UAE, Chief Accountant, 01/01/03, 12/31/04, Implemented JD Edwards Distribution System seamlessly with Abu Dhabi Asphalt & Lubricants Co., LLC which was pilot company for ERP implementation., Recovered account receivables, some of which had been outstanding for more than three years, totalling AED 12 million by applying a variety of clever recovery tactics and methods., Prepared monthly and annual financial and statutory reports., Analysed the cash flow position of the company and subsequently performed payment functions while maintaining relationships with various banks., Managed sales functions and sales invoice issues with JD Edwards Distribution System., Determined credit limits for customers. Collected account receivables from external and intercompany customers., Oversaw procurement function while maintaining accurate records using JD Edwards Accounts Payable System., Decided product pricing, including intercompany pricing.
• Epoch Systems, IT & Management Consultant, Lahore, Punjab, Pakistan, Business Analyst, 01/01/02, 12/31/04, Evaluated, implemented, and integrated Epoch Products, including Meezaan which is a scalable, customizable, and flexible business application suite designed for use with General Ledger, Human Resources Management, Purchases, Sales, Inventory, and Fixed Assets, among other areas., Designed, implemented, and integrated customized applications such as a Fuel Purchase System and Time Attendance Systems for the energy sector and a Vehicle Tracking System for the public and private sectors.
• Cargill Group Pakistan, Karachi, Sindh, Pakistan, Senior Accountant, 01/01/99, 12/31/01, Prepared monthly financial statements on consolidated and product line basis in accordance with International Accounting Standards in both functional and ledger currencies for the regional office in Singapore and head office in Minneapolis, USA., Collaborated with the General Manager of the Financial Marketing/Treasury Operation Division to evaluate loan agreements., Compiled zero-based budgets for Financial Marketing/Treasury Operation and Vegoils Divisions., Assisted the Company Secretary with composing minutes from the board of directors’ meetings, resolutions, and documents related to the election of Directors and the appointment of Chief Executive.
• Deloitte Touche Tohmatsu, Karachi, Sindh, Pakistan, Senior Auditor, 01/01/95, 12/31/99, Conducted audits of numerous multinational and national businesses with large-scale operations in diverse industries, including Telecommunication, Distribution, United Nations Development Projects, Power Generation, Pharmaceuticals, Construction, NGOs, Banking, Sugar, and Services., Prepared individual and company tax returns., Performed Prudential Audits., Completed ad hoc accounting assignments and handled issues with sales tax.

• Date of birth: 12/11/74
• Gender: Male
• Nationality: Pakistani
• Marital status: Married

Fellow Chartered Accountant, The Institute of Chartered Accountants of Pakistan

Associate Chartered Accountant, Institute of Chartered Accountants of England & Wales

Associate Chartered Management Accountant, Chartered Institute of Management Accountants (CIMA UK)