Rana Muhammad Nadeem, FCA, FRM

Experience

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  Grant Thornton Anjum Rahman

  Jan 2001 - Jan 2005

  Audit Senior

  Working at Grant Thornton Anjum Rahman proved to be a great learning experience for me. I worked in tax and audit departments in the firm. Key job responsibilities included:• Conduct system-based audits of various corporate clients operating in different sectors• Design, tailor and execute comprehensive audit programs by using the audit software, GTI Explorer, to work in line with Grant Thornton International Audit Programs and Techniques to suit the local environment• Supervise the preparation and filing of income tax returns of individuals and corporate clients.• Prepare tax depreciation schedules and computation of taxable income and tax liability according to the provisions of Income Tax Ordinance (1979 and 2001).• Appear before various Income Tax Authorities and prepared responses to their notices • Assist the line manager in the appellate matters of the clients Show less

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  Unilever Pakistan Limited

  May 2006 - Dec 2006

  Assistant Manager Accounts

  I was part of a team to look after the accounts payable of the factory mainly related to country-wide cold chain of Ice Cream Division (ICD) and other operations and maintenance (O&M) related liabilities. My job responsibilities included:• Facilitate payments while ensuring adherence with company policies and procedures, and credit limits prescribed by the suppliers. • Resolution of conflicts with suppliers on payment issues with the help of Factory Controller.• Accounting of fixed assets imported for engineering store and cold chains.• Maintaining record of sales tax input/output and withholding tax and submission of monthly reports to Head Office to facilitate timely filing of statutory returns.• Assist project team in recording financial transactions involving a multi-billion rupees ICD project. Show less

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  The Pakistan Credit Rating Agency Limited

  Oct 2014 - Mar 2017

  As head of team, I managed a large portfolio of entities operating across a range of different sectors comprising i) Corporate including Textile, Telecom, Cement, Power, and Engineering, and ii) Financial sector including Commercial Banks, Development Financial Institutions, Microfinance Banks, Investment Banks, Leasing companies and Modarabas. Job responsibilities included:• Leading a team of analysts to perform comprehensive Due Diligence for Credit and Financial Risk Assessment of prestigious Local and Multinational corporate clients.• Budget analysis and Cash Flow Forecasting of clients to assess their debt servicing capacity and run sensitivity analysis on financial projections.• Perform comparative analysis including, peer business and financial risk comparison, and ratio analysis.• Analyzing debt structures for various kinds of debt market instruments including TFCs and Sukuks• Development of financial risk models for i) commercial banks, ii) microfinance banks, iii) NBFCs, iv) corporate financial risk model, v) independent power producers, vi) utilities• Development / updation of SOPs to execute rating assignments for various sectors in my portfolio• As part of a team, support in development and implementation of ‘FAST’, an in-house analytical tool used mainly for comparison of financials across a range of peers• Supervision and oversight of accounting and finance function of PACRA Show less

  • Unit Head and Member Credit Rating Committee

    Jan 2007 - Mar 2017

  • Chief Financial Officer

    Oct 2014 - Nov 2016
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  Government of Punjab

  Apr 2017 - Jun 2022

  In an advisory role at Housing Department, I was engaged in financial matters related to different developmental projects of the department and selected projects of its attached organizations. My responsibilities included reviewing financial models and feasibilities for development projects. In addition, I provided support to handle financial affairs including preparation of business plans for some of attached organizations of the Department.I also headed the financial aspect of Naya Pakistan Housing Program (NPHP) initiative in Punjab Province. Among others, I played important part in three major successful projects, i) financial close of US$ 200 million World Bank funding for construction of affordable housing units in Punjab, ii) Rs. 1 billion loan to Akhuwat Islamic MicroFinance for onward disbursement of microfinance loans in Punjab, and iii) initiation of construction of 400 housing units in Dist. Okara, a project of around Rs. 1 billion. Show less

  • Chief Financial Officer

    Sept 2019 - Jun 2022

  • Financial Expert

    Apr 2017 - Jun 2022
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  World Bank Project - Punjab Affordable Housing Program (PAHP)

  Sept 2022 - Apr 2023

  Sr. Specialist Financial Management / Head of Finance
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  Punjab Power Development Company Ltd.

  May 2023 - now

  Chief Financial Officer