Syed Shahab Shahid (CFA, ACA)

Experience

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  Ernst & Young -

  Nov 2007 - Apr 2012

  As a Senior Associate, working for a highly prestigious global professional services firm, I am responsible for undertaking and managing valuation and due diligence assignments, ensuring timely delivery of assigned engagements in compliance with the firm’s high quality standards. I work in project teams reporting directly to senior managers and/or partners of the firm. Obtaining an understanding of the client and its industry is an integral part of my role which requires me to develop good working relationships with the client to deliver engagement expectations. Further, as a member of the Transaction Support team, I also participate in due diligence engagements analyzing the financial and operational performance of the subject companies by reviewing their accounting records and participating in interviews with the management. Show less

  • Senior Analyst

    Nov 2010 - Apr 2012

  • Audit Senior

    Nov 2007 - Nov 2010
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  Schlumberger

  Apr 2012 - Dec 2015

  As a Financial Analyst, my role is to support and add value for the business units and ensure compliance with the Company policies. My Key responsibilities are: - Working with Business unit Heads for revenue projections - Provide timely information to management by assembling, summarizing, analyzing data & preparing reports - Preparing presentation on periodic financial performance and giving recommendation - Ensuring completeness and accuracy of financial statements - Perform variance analysis by analyzing variances from the preset plan - Recommend quarterly forecasting of resources as per the business outlook - Preparing P&L for major tenders to determine smart pricing strategies - Perform periodic reconciliation and taking corrective measure - Prepare periodic forecast in line with the management objective by liaising with various departments - Reviewing financial position from improvement perspective by analyzing results and variances, identifying trends and recommending actions - Recommend cost control measures and highlight liquidity issues - Keeping track of performance against key performance objectives and maintaining scorecards Show less As a Receivable Accountant, my job was to prepare invoices as per contractual agreements, record monthly revenue as per accounting standards, prepare monthly revenue and receivable reconciliations, report receivable ageing, ensuring that aged receivables are covered through adequate provisions to avoid any financial exposure for the business unit and monitoring and reporting overdue balances to senior management. The Job also required close connections with the clients to ensure timely collection to meet liquidity requirements and resolve issues related to any disputed Invoices Show less

  • Financial Analyst

    Feb 2014 - Dec 2015

  • Receivable Accountant

    Apr 2012 - Jan 2014
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  NIB Bank

  Dec 2015 - Jun 2017

  Assistant Vice President - Investment Banking

  Key responsibilities of my current role are:- Preparation of credit memo's, Investment memorandum, term sheets, presentations etc for syndicated debt transactions.- Responsible for advisory and valuation transactions including developing financial models and conducting valuation exercise by applying various valuation methodologies.- Responsible for executing transactions by effectively managing relationships across corporate and financial institutions and undertaking deal specific activities to achieve successful financial closure. Show less

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  Engro Fertilizers Limited

  Jun 2017 - Feb 2023

  As a Finance & Planning Manager, my key responsibilities include:• Strategic planning, forecasting and budgeting exercise of the Company on a monthly, quarterly and annual basis • Partnering with Commercial Division in delivering P&L target through managing levers such as pricing, trade discounts, SGA expenses, forex risks and working capital management.• Supporting Senior Management to identify, analyze and understand business results, identify key risks in a timely manner and propose corrective actions. Sharing financial and management reporting and analyses as per defined guidelines and time frames.• Prepare quarterly Board packs and presentation for external stakeholders.• Liaising with the Parent Company on Budgets, Trends, Actual Results, Group norms and reporting guidelines and time frames.• Provide support in analyzing new projects / investment decisions to ensure Company’s long term growth Show less As the Head of the Treasury function of Engro Fertilizers Limited, I am responsible for assessing, monitoring, planning and managing the efficient and effective utilization of the Company’s funded and non-funded banking lines with a view to minimize borrowing costs or maximize return from short term investments. My role demands managing relationships with all of the Company’s banking partners and ensuring that the Company’s banking lines are at all times sufficient to meet its commercial and trade obligations. Show less

  • Finance & Planning Manager

    Mar 2020 - Feb 2023

  • Treasury Manager

    Jun 2017 - Mar 2020
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  Daraz

  Jan 2023 - now

  Regional Director Finance & Planning

  • Lead Group budgeting & forecasting process across regions• Work closely with Group CFO, country's CFOs and regional leadership team across businesses and functions on the overall financial management including analysis of key performance indicators, trends and area of concern• Create & maintain useful reports and analysis tools to support decision making• Conduct in-depth analysis of business performance and provide recommendations for improvements• Lead FP&A team in providing deliverables under tight deadlines, evaluate business performance & provide support to local finance teams Show less