Shahid Akram Abbasi

Shahid akram abbasi

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location of Shahid Akram AbbasiAbha, 'Asir, Saudi Arabia
Followers of Shahid Akram Abbasi17000 followers
  • Timeline

  • About me

    Group Chief Financial Officer (Group CFO)

  • Education

    • F.g piffer high school abbottabad

      -
      S.s.c liberal arts and sciences/liberal studies

      Activities and Societies: Cricket S.S.C

    • University of peshawar

      1992 - 1994
      Mba (finance) finance & accounts grade b+ (gpa 3.0 ) (average 3.52)

      Activities and Societies: Politics MBA Finance

  • Experience

    • Star holding group.

      Jan 1998 - Mar 2019
      Group financial controller

      I am the founder of finance department of STAR Group & reported to chairman board & managing director directly. I set up finance function for the newly established group, recruited & trained finance team in all entities. I developed accounting system, system of internal controls, inter-departmental flow of information, board meetings & reporting, external reportings, relationship with banks, procurement function, budgeting, feasibilities, cash flows & funds management, liquidation, cost cut measures & revenue hunting with sales & business development departments, market studies, doubtful bad debits recoveries & credit control etc.I was the incharge of all financial tasks including budgeting & verify/investigate the variance if any, monthly & quarterly reporting, dealing with the auditors & finalize tax returns & related issues of STAR Group & RCO. Further more as a Group Financial Controller of the Group which has affiliate companies in Middle East, Gulf & Africa in addition to local affiliates under my financial supervision & I have upright experience regarding the labor laws & entire taxation of Pakistan, Middle East & GCC.I had hold over complete accounting cycle of the company or group through latest accounting software (broad ERP Management), multiple automated vouchers system, GL, leger, TB, BS, year end adjustments i.e. accruals, prepaid, current assets, current liabilities, depreciation, site financing, ESB, BRS, Taxes & zakat, confirmations, final auditing, audit reports, dividend distribution & board meetings with MOM etc. I studied, worked & gave my endorsements over MOUs & Business agreements.I worked as an internal audit controller for proper settings of rules & regulations under company / group policy of all departments. I analyzed the market demand, supply behavior & punitive business culture. I wrote worthy manual book over administrative & financial policies of the Group which is still intact. Show less

    • Star holding group (http://www.star.com.sa)

      Jan 1998 - Mar 2019
      Group financial controller (short details)

      TERSE / BRIEF :-o Founder of A/C & Financial system of Group.o Accounts & Finance.o Fiscal Budgets (SBAs)o Board Meetings.o Report to Chairman & Managing Director.o External Reports.o Cash flows & Management.o Comparasions & analysis.o Measures over Risk Management.o Cost cut measures.o Feasibility Studies & Investment Plans.o International Business visits & Meetings.o Timely reporting in/out.o Internal Audit Control.o Fiscal Audit Closing.o Partners Accounts.o Liquidation Process.o PUC & PC.o Banking Finance (credit facilities)o VAT, GST, Taxes & Zakat settlements.o Sister Financing & controlling over shares.o Financial & Administrative Policy Manual of Co.o Business Hunting &helping Sales & Business Development Departments.o Doubt Full Bad debits recoveries.o Support over Financial & Business Dev. Consultancy services.o Treaty Huntings.o Fixed Assets Control.o ERP Management.o Trade Payables & Receivables Control.o Branches A/cs control.o Leading Finance Department with +25 Accountants.o HR & Administration. Show less

    • Rco.com

      May 2019 - Mar 2024
      Chief financial officer

      As “Chief Financial Officer” (CFO) Islamabad Pakistan w.e.f 1st May2019 to 31sr March 2024 in RCO.COM Oracle based integrated soluons for Finance, HR, supply chain and system integrations provide tracking systems in satellites, mobiles, vehicles, cameras. In Pakistan RCO.COM is working with different banks provide them bst oracle solutons like Mobilink Bank, Ufone Bank & Hospitals etc. As a CFO my professional assignments covered entire job description of Accounts, Finance, Budgets, ERP Management, Taxation, Business development consultancy services etc. (Copy of experience certificate can be provided upon request Ref: https://www.rco.com) (05 years) Show less

    • Mawssem abha

      May 2024 - now
      Financial controller & bus development

      Working as FC & Business Development since May 2024 covers company’s financials, Accounts, budgets, feasibilities, Taxes, Final accounts, system designing, sales scrutiny & business development advisor to Managing Director . Almost same assignments which covers in this CVs.

  • Licenses & Certifications

    • Certified strategic management.

      0064-dcsa-0085
      Dec 2012
    • Certified internal auditor.

      0064-dcir-0083
      Jan 2011
    • Certified public accountancy (cpa)

      0064-dcpc-0084
      Dec 2010
  • Honors & Awards

    • Awarded to Shahid Akram Abbasi
      Shields & Certificates of Professional Performances since 1999 Governors Jun 1999 I have so many Certificates & Shields since 1999 in the field of organizing the int'l Exhibitions and Festivals issued by various top level personalities (Governors & Presidents). I am single professional in this field among SAARC countries in GCC / KSA .