Sofyur Rahman (Saiff) FCMA, ITP, SAP-FICO

Experience

• 

  Megadam International Logistics Ltd.

  Jan 2007 - Dec 2008

  Manager- Cost & Internal audit

  Cost management, Decision making, Internal Audit & Control, Coordination & Reporting.

• 

  Quantum Foundation

  Jan 2009 - Feb 2014

  Cost Auditor (Internal Auditor)

  Donors Fund Management, Project Management & Feasibility Analysis, Internal Audit, 3E Assessment and Risk Analysis

• 

  Ha-Meem Group

  Mar 2014 - Jan 2015

  Corporate Audit Manager

  Achievements / Contributions1. Focused on Risk based projects & Areas ensuring Internal Control2. Coordinated 15 members Team & Audited more than 20 business enterprises by rotation;3. Designed 3E based performance Audit Process & implanted new Culture;4. Finalizing & Submission of Internal Audit Report in Line with Findings to the Group ED;5. Strongly ensured Anti-bribery & Anti-Corruption, KPI, Fraud mitigation on a periodical basis;6. Served as a Career Advisor, Trainer and Counselor and Performance Evaluator; Show less

• 

  GSK

  Feb 2015 - Jan 2019

  Manager Finance (Deputy Finance Lead)

  Key Roles• Financial Strategy & Leadership• SAP ERP System Implementation• Group Financial Reporting & Forecasting• Cost & Budget Management• Performance Management & KPI Reporting• Internal Controls & Compliance• Financial Planning & Analysis (FP&A)• Treasury & Fund Management• Stakeholder Management & Collaboration• Business Process TransformationKey Achievements• Successful SAP ERP System Implementation: Led the end-to-end implementation of SAP ERP, streamlining financial operations and ensuring end-to-end process improvements across finance, procurement, and supply chain management.• Improved Financial Reporting Processes: Developed and deployed a comprehensive financial reporting system, driving performance improvements, transparency, and accuracy in financial statements.• Cost Management & Budget Optimization: Delivered significant improvements in cost management by optimizing product costing and aligning departmental budgets with overall business goals, ensuring financial sustainability.• Performance Metrics Implementation: Established a performance management framework using KPIs and metrics that led to enhanced operational efficiency and financial control.• Debt & Cash Flow Management: Spearheaded debt restructuring initiatives and managed cash flow efficiently, optimizing working capital and strengthening GSK’s financial position.• Enhanced Financial Forecasting: Led financial forecasting and budgeting processes, ensuring alignment with business strategy and improving decision-making accuracy across departments.• Strengthened Internal Controls & Compliance: Led efforts in reinforcing financial compliance and internal controls, ensuring adherence to corporate governance standards and regulatory requirements.• Cross-functional Collaboration: Fostered effective cross-departmental collaboration, aligning finance with operations, supply chain, and commercial functions to drive business performance and growth. Show less

• 

  Fabian Group

  Apr 2019 - May 2021

  Group AGM/CFO

  Key Roles• Group Financial Reporting & Control• Product Costing & Pricing• Commercial Management• Centralized Treasury Management• Debt Management & Fund Management• Control over SBUs Working Capital• Cost & Budget Management• OPEX & CAPEX Management• Investment Portfolio Oversight• Internal Audit & Compliance• Risk & Return Analysis• Corporate Governance & Compliance• Change Management & Data Integrity• Financial Forecasting & KPI ReportingKey Achievements• SBU Treasury Management Process Development: Streamlined financial forecasting, budgeting, and KPI reporting for SBUs.• Strategic Bank Finance & Working Capital Optimization: Efficiently utilized bank finance and managed working capital through bottleneck resources to improve liquidity.• Performance Analysis & Reporting: Developed focused reports on actuals, year-on-year performance, targets, and deviations to guide decision-making.• Debt Recovery & Forced Loan Liabilities Project: Designed and executed a strategy for recovery collection and washed-out forced loan liabilities, improving financial stability.• Sustainable Commercial Service & Supply Chain Re-engineering: Led initiatives for process improvements and cost savings in commercial services and end-to-end supply chain management.• Internal Audit & Risk Management: Led the internal audit team to monitor risk management systems and establish robust internal controls.• New Reporting Process Design: Applied SOPs and KPI-based reporting systems to ensure authority and accountability.• Balanced Scorecard & Performance Metrics Application: Applied Balanced Scorecard methodologies, including RCA, SOX, Benchmarking, 5S, and Fishbone analysis to optimize performance metrics. Show less

• 

  Rahimafrooz (Bangladesh) Ltd.

  Jun 2021 - now

  Group Treasury Manager

  Key Roles• Financial Strategy & Leadership: Directed financial strategy, aligning treasury operations with organizational goals to drive long-term sustainability.• Treasury & Cash Flow Management: Led centralized treasury functions, optimizing working capital and cash flow processes.• Debt & Capital Management: Managed debt restructuring, trade finance, and capital efficiency initiatives, enhancing financial structure.• Tax & Compliance Oversight: Ensured compliance with tax, VAT, and regulatory requirements while mitigating financial risks.• Investor Relations & Risk Management: Strengthened investor relations and managed receivables/payables to unlock growth opportunities.• Performance Optimization: Implemented Balanced Scorecard methodologies, driving continuous improvement across key performance metrics.Key Achievements• Cash Generation Model: Developed and implemented a cash generation model, improving working capital governance and optimizing cash flow.• Financial Monitoring: Enhanced liquidity management through diligent monitoring of financial statements and cash flow.• Debt & Financing: Led debt restructuring and trade finance initiatives, improving capital efficiency and financial structure.• Balanced Scorecard Adoption: Drove the successful adoption of Balanced Scorecard methodologies, improving performance metrics.• Investor & Growth Management: Strengthened investor relations and led risk-return analysis, positioning the company for sustainable growth. Show less