HABIB KAKAR

Experience

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  Kreston International-Kreston Hyder Bhimji and Company Chartered Accountants

  May 2009 - Mar 2019

  I am responsible for overseeing and ensuring the accuracy and integrity of financial reporting, compliance with relevant regulations and standards, and efficient tax planning and management for our clients. This role involves leading a team, conducting audits, managing regulatory requirements, and providing expert guidance on taxation matters. The Manager will collaborate with clients, internal teams, and external stakeholders to deliver comprehensive financial solutions that meet legal and industry standards while optimizing tax implications. Show less

  • Manager Assurance, Taxation & Compliance

    Feb 2014 - Mar 2019

  • Audit Associate/Supervisor

    May 2009 - Aug 2014
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  The World Bank

  Apr 2019 - May 2021

  Senior Finance Officer at world bank BESP-Education Dept., GoB

  I am responsible for overseeing and managing financial operations, budgeting, and reporting activities. This role involves ensuring compliance with financial regulations, conducting financial analysis, and providing strategic insights to support project decision-making. The SFO collaborates with project teams, government agencies, and stakeholders to ensure effective financial management, risk assessment, and transparent utilization of funds. This position requires a deep understanding of financial practices, excellent communication skills, and the ability to work in a dynamic and multicultural environment.1. Examine Financial Documents and Ensure Compliance with HACT Policies: Review financial records, FACE forms, and ICE in accordance with HACT policies and procedures. Guarantee prompt settlement of accounts as outlined in the Table of Authority. Identify any discrepancies in compliance and communicate them to management. 2. Conduct HACT Assurance Activities at Field Level: Participate as a member of the spot check committee to carry out HACT Assurance activities. Perform timely spot checks on UNICEF's implementing partners as per the HACT assurance plan, aligned with the FO Assurance plan. Share findings and observations through generated reports. 3. Prepare Comprehensive Cost Estimates and Engage in Budget Analysis: Create detailed forecasts for FO costs, including consolidating cash projections for programs. Engage in budget analysis and contribute to various projects as needed. 4. Generate Financial Reports for Various Purposes: Prepare and generate financial reports as required for budget preparation, audits, or other purposes. 5. Maintain Financial Records and Monitoring Systems: Manage financial records and monitoring systems at the field office level. 6. Monitor and ensure adherence to contract terms, policies, and regulatory requirements. Show less

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  SMBZAN ICQ Health Department, Government of Balochistan

  Dec 2021 - Mar 2023

  Director Finance

  This includes responsible for overseeing the financial management and strategic planning of the organization. I am also responsible for managing financial operations, budgeting, and ensuring compliance with financial regulations and policies. In addition, being the Director of Finance I have to collaborate with other departments to support effective resource allocation and decision-making, while also contributing to the organization's financial sustainability and accountability. The role involves supervising financial teams, analyzing financial data, providing strategic recommendations to top management, and playing a crucial role in achieving the organization's fiscal objectives and goals. Prepare annual budget estimates and revised budget estimates based on Work Plan/Cash Plan. ; Ensure compliance with internal control framework (Operations Manual, SOPs and government rules and procedures while processing payments; Developing and implementing accounting policies and procedures; Prepare and present annual financial statements as per IPSAS and IFRS/IAS Entry and exit meetings with external auditors, facilitate timely completion of audits. Ensure compliance of ITO2001 with rules, Sales tax, GFR, IPSAS, IFRS, ISA, IAS; Conduct statutory auditor; Assessing, managing, and minimizing risk; and Analyzing complex financial data Show less

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  Reliance Consultants Private Limited

  Jan 2023 - now

  Investment/Financial Analyst

  Providing Valuable insights and recommendations to assist organizations, including investment firms, asset management companies, and financial institutions, in making informed investment decisions. The primary focus is to conduct in-depth research, analyze financial data, and monitor market trends to identify potential investment opportunities and risks.Key Responsibilities:1. Research and Analysis: Conduct thorough research on various investment options, such as stocks, bonds, real estate, and alternative investments. Analyze financial statements, market data, economic trends, and company performance to assess investment potential.2. Financial Modeling: Develop and maintain complex financial models to evaluate the financial health and future performance of potential investments. These models help in forecasting returns and risks associated with investment opportunities.3. Risk Assessment: Assess the risk factors associated with different investment options. This includes evaluating credit risk, market risk, liquidity risk, and geopolitical risk to make informed investment recommendations.4. Portfolio Management: Assist in the construction and management of investment portfolios. Balance asset allocations to meet clients' financial goals and risk tolerance levels.5. Market Monitoring: Stay up-to-date with financial news, economic developments, and industry trends. Monitor global markets and events that may impact investment decisions.6. Report Generation: Prepare detailed investment reports and presentations for clients, senior management, or investment committees. Clearly communicate investment strategies, performance, and recommendations.7. Due Diligence: Conduct due diligence on potential investment opportunities, which may involve site visits, interviews with company management, and analysis of legal documents. Show less