Muhammad Hassan Aftab

Muhammad Hassan Aftab

Senior Associate

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location of Muhammad Hassan AftabDubai, United Arab Emirates

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  • Timeline

  • About me

    Helping clients navigate through complex Accounting and Compliance challenges, seamlessly. | Finance Director | CFO Services | UAE VAT & Corporate Tax (CT UAE) | BNI

  • Education

    • PwC's Academy Middle East, Dubai UAE

      -
      UAE VAT Compliance Diploma VAT
    • The Institute of Chartered Accountants of Pakistan

      -
      Chartered Accountant Accounting and Business/Management
  • Experience

    • KPMG

      Feb 2006 - Aug 2009
      Senior Associate

      Attended training to provide audit and financial advisory services for the following sectors: Telecom, FMCGs, Public Service, Manufacturing, Agriculture, Non-Government Organizations, and Mechanical Engineering. Key Contributions:► Checked client’s financial statements to ensure proper accounting of expenditures and receipts.► Verified systems, examined balance sheets, loss accounts, and paid close attention to profit details.► Performed due diligence, financial modeling and business valuations and other assignments relative to Mergers and Acquisitions. Show less

    • Riaz Bottlers Pvt. Limited ( PEPSICO)

      Mar 2010 - Aug 2010
      Management Trainee – Business Finance

      I reported to Business Finance Controller and my key responsibilities were:Duties:► Involved in daily performance reports related to retail sales, load ability and cash collection on various warehouse locations.► Preparation of weekly efficiency reports for vehicles, give away, samples, zones, routes, outlets, loading, key accounts, and supply chains.► Involved in computation of sales promotions vouchers and effecting rate changes.► Performing calculations and disbursing monthly bonuses to conversions and retention outlets.► Liaison with in-house system development team for tailoring of newly required reports by management in Oracle. Show less

    • PND GROUP

      Sept 2010 - Aug 2011
      Manager Accounts and Finance

      While employed at a nation-wide logistics chain for multinational companies inPakistan, I was involved in the following:► Managed daily financial transactions (Morabaha and Tijarah).Page 4 of 5► Met the working capital needs of distributions in Lahore.► Prepared quarterly accounts and monthly P&L.► Conducted sales analysis/budgeting, and closing stock valuations.► Developed solutions, plans, policies, and guidelines.► Performed troubleshooting on financial issues.Key Contributions:► E-filed Sales Tax Returns, Workings for Advance Tax, and QuarterlyWithholding Tax Statements.► Reviewed/coordinated Stock Reports, company claims, Debtors Aging,Staff Advances, and company/banking reconciliations.► Monitored daily cash collections and improve efficiency reporting process.► Managed portfolio funds for short-term investments. Show less

    • Hotel LeGrand

      Sept 2011 - Mar 2013
      Financial Controller

      I had the opportunity to be part of world of hospitality being vibrant, lively, andalways interesting. The hospitality industry is a broad category of fields withinservice industry that includes lodging, event planning, transportation, and partof the tourism industry. Key responsibilities here included:► Liaised with banks, management, and tax/IT consultants on the day to dayoperations,ongoing system improvements, financial operations efficiencies, & withSoftware Service Providerson the development of new reports.► Managed month-end management reports and financial statements.► Composed annual budgets and monthly/quarterly comparison reports.► Daily managed reports on cash flows, income/ expenditure, and statuses ofAR/AP.Key Contributions:► Spearheaded the preparation of accounts for tax reporting (income tax andmonthly sales tax returns).► Achieved operational efficiencies.► Devised policies/robust internal control procedures.► Managed daily sales revenue, and ensured accurate and timely corporateclients’ invoices.► Attended Board of Directors meetings to deliver presentations on financialoperations and otherkey areas.► Attended trade associations and government forums as the company’srepresentative Show less

    • Mint Consulting Group (MCG)

      Apr 2013 - Aug 2015
      Finance Manager

      Working for a consultancy organization (Telecom, Head Hunting, Training& Development, Investments, Business Audits, Market Research, Agro &Farming), I have been assigned responsibilities for various projects taken upby the group including mainly a land development project (Ethiopia, Africa),Control Shed Poultry Farm, and a Trust formed for the welfare of helplesspersons and students. Assign tasks included:► Spearheaded various projects such as land development projects in Ethiopiaand Africa, a control shed poultry farm, and a Trust for the welfare of helplesspersons and students.► Produced feasibility/investment analysis.► Country research on available investment venues in agriculture and thetelecom sector.► Coordinated services with the poultry farm suppliers.► Arranged financing, operating, and legal measures for monthly trustdisbursements.Key Contributions:► Managed a portfolio of approximately USD 5M for short-long terminvestments.► Incorporated/registered new entities with Tax Authorities.► Involved in Due Dilligence for a planned target company.► Critiqued/maintained books of accounts, management reports, and analysis.► Liaised with overseas staff on invoicing of foreign clients.► Monitored project expenditures and assisted in the collection of receivables.► Facilitated income/sales taxes, and withholding tax returns,► Created wealth statements for stakeholders/partners.► Resolved trust and project issues.► Managed bank funding, including investment terms/returns.► Made financing/monthly disbursements to Trust beneficiaries.► Ensured compliance with Tax/Corporate Laws.► Attended tax hearings/cases as Corporate Representative. Show less

    • NRS International

      Sept 2015 - Oct 2021
      Finance Manager

      NRS International manufactures and develops products in-house for thehumanitarian, public health and development sectors responding to thegrowing demands of vulnerable populations, by providing innovative, highquality and cost-effective aid essentials. Tasks to perform include:► Delegate job duties to ensure the proper posting of transactions/events inERP.► Articulate MIS reporting requirements regarding the financial health of thecompany.► Deliver consolidated financial statements for the group companies, balance sheets,income/expense statements, cash flows, and monthly/quarterly/annual budgetreports.► Process local /international payments using SmartBusiness and otherpayment methods,► Process payroll via WPS, and vendor/customer invoices.► Coordinate/respond timely to all customer queries.► Navigate in year-end closing of accounts, timely accounting reconciliations,► Liaise with external auditors to aide in audit efficiencies.Key Contributions:► Filing of Economic Substance Regulations (ESR) Notifications for the group companies.► Introduced Group Level Financial Statements reporting, monthly for board of directors.► Achieved working capital management solutions for the business operatingcycle► Implemented the Finance Module of SAP Business One 9.2/Oracle NetSuite.► Developed internal controls/accounting policies, process flow, andoperations efficiencies.► Negotiated the best Forex rates relative to foreign currency vendorpayments.► Introduced Group Level Financial Statements reporting, monthly for board of directors.► Created cost savings through the introduction of transactions’ pre-audits.► Served as the primary contact for ISO 9001:2015 audit by Standard GlobalServices.► Implemented and ensured VAT compliance with monthly filing of returns andclaims refunds.► Pioneered an efficient cash operating cycle for petty cash,Page 2 of 5► AR/AP, credit monitoring, and working capital management. Show less

    • S A E Tax & Accounting Services

      Nov 2021 - now
      Director

      (A multipurpose consulting firm catering diverse needs of its customers in the fields of bookkeeping, outsourced accounting & CFO services, audit readiness, VAT and CT Advisory). While working in an independent capacity and making way to become a partner, my role ranges as follows:► Business development activities and participating in various networking events.► Handling ongoing assignments to maintain the efficiency levels and meeting deadlines.► Assistance in CFO transition and handover process including support on accounting function.► Developing accounting manuals, process flows and defining roles for finance team.► Training the client staff on accounting system operations.► Supporting clients in audit readiness and meeting external audit requirements.► Assessing, review and filing under Economic Substance Regulations (ESR).► Providing registration, filing and advisory services related to VAT and helping the clients in audits.► Study and report on the performance of newly implemented ERPs at clients.► Conducting business valuations and investment appraisal to assess project viability.► Assisting the clients in Corporate Tax awareness and compliance.► Impact analysis for clients in terms of local laws and regulations.► Promoting outsourced CFO and accounting services to make it a healthy choice. Show less

  • Licenses & Certifications

    • THE MISSING ELEMENT IN LEADERSHIP: A RESULTS FOCUS by Dr Marry Lippitt

      Enterprise Management, Ltd.
      Jun 2019
    • Excel Advanced

      ExecuTrain
      May 2018
    • EXCELLENT LEADER AS AN ETHICAL SERVANT by DR. Mark M. Michalski

      The Institute of Chartered Accountants of Pakistan
      Oct 2019
    • THREE (3) STEPS TO A PROSPEROUS CONFLICT MANAGEMENT SYSTEM by Michael Walker

      Legendary Coaching
      May 2019
    • ORGANIZATIONAL KNOWLEDGE LEARNING AND CAPABILITIES by Mike Smith

      The Institute of Chartered Accountants of Pakistan
      Jan 2020
    • UAE Driving License

      Roads and Transport Authority
      Aug 2016
    • HeartSaver First Aid CPR & AED

      American Heart Association
      Jan 2020
    • NEURO-AGILITY – A CONSTRUCT TO FUTURE PROOF YOUR CAREER by Dr Andre Vermeulen

      Neuro-Link
      Aug 2019
    • TRANSFORMING UNDERSTANDING INTO DOING by Mr Christopher Coffey

      CHRISTOPHER COFFEY
      Sept 2019