Mustfa Mujeeb

Experience

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  A.F. Ferguson & Co (PwC Pakistan)

  Jun 2007 - Dec 2010

  Audit Team Leader

  •Conducting search work in order to have an in-depth understanding of a client’s industry and business.•Assisting and supporting clients in meeting their regulatory requirements.•Designing audit programs and working schedules for the recording and storage of evidence.•Conducting meetings/ interviewing the client to complete sections of assigned audit work. •Review financial statements against the evidence collected in the audit process.•Determine record and test the organization’s accounting system and the information produced.•Prepare and discuss internal control memorandum issued to the client.•Developing the knowledge of junior team members through on the job reviewing, coaching and sharing best practices on the completion of their sections.I have been involved in rendering audit, assurance and business advisory services to various clients in the following sectors:• Manufacturing Sector: ➢ paper and allied products (**Packages Limited)➢ General manufacturing (**Nishat Paper Products Company Limited)➢ Sugar, Alcohol and Allied Products (*Shakarganj Mills Limited)➢ Chemicals (**FMC United Private Limited)➢ Rice Mill (Veetee Fine Foods (private) Limited - a subsidiary of Veetee Rice, England)• Employee benefit schemes: ➢ Provident fund, Pension fund, gratuity fund and workers’ welfare fund of Packages Limited• Power Sector: ➢ *JDW Power (Private) Limited• Retailer and Wholesaler:➢ Super market chain (**Makro Cash and Carry - Makro Habib Pakistan Limited)➢ Apparel products (**Levi Strauss Pakistan (Private) Limited)➢ Apparel products (*Pakistan Fashion Design Council - a non-profit organization)• Construction and Real estate:➢ *Pace Pakistan Limited➢ *Pace Barka Properties Limited• Engineering and Automation (*Avanceon Limited – a subsidiary of Engro Group)• Social welfare organization (Babar Ali Foundation)• *Government of Punjab Health Department - agreed upon procedures Assignment Show less

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  RYK Group (RYK Mills Ltd, Janpur Energy Ltd, RYK Energy Ltd, Alliance Sugar Mill (Pvt.) Ltd.)

  Dec 2011 - Sept 2015

  Manager Finance

  • Helped the company in developing strong SOPs and internal controls and to make sure that these are efficient and effective.• Representing the company in statutory audits, special audits, assignments and certifications from the auditors of the company.• Prepared and demonstrated financial model of the project on different scenarios (NPV, IRR, PB, FCF etc).• Helped the directors for obtaining syndicate term finance loan for the projects amounting over 4 billion. • Opened LCs with different banks for import of plant and machinery of the project and its expansion. • Helped the company in correctly recording the trial run costs and capitalization of the fixed assets including unallocated expenditure.• Helped the company in obtaining short term finances amounting over 7 billion for working capital requirement.• Prepared budgets and financial model for the expansion of the project and helped in obtaining finance for the same.• Helped the company in obtaining Letter of Intent (LOI) and Letter of Support (LOS) from AEDB, Generation License from NEPRA and negotiating Energy Purchase Agreement (EPA) from NTDC/CPPA for setting up 30MW bagasse based co-generation project and simultaneously negotiating with MEPCO and successfully achieving commercial operations.• Actively participating in setting up a 20MW Solar Power Plant at QA Solar Park by the group company “Janpur Energy Limited” by negotiating with Government of Punjab’s Energy Department, AEDB, NEPRA in determining upfront Tariff and simultaneously attending workshops and seminars arranged by AEDB and World Bank. • Preparation of Financial statements for statutory audit and monthly/quarterly management accounts.• Dealing Tax requirements (including income tax, sales tax and FED) and Corporate requirements (Registration and vacation of charge, annual return, form-29 etc) of the company. Show less

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  Pace Barka Properties Limited (First Capital Group)

  Apr 2016 - Feb 2020

  Chief Financial Officer

  • Analysis, Valuation and presentation to Board of Directors of strategic acquisitions by the group.• New Project Proposals, Budgeting, Planning and Complete project tasking.• Presentation to Board of Directors about the company progress and future plans thereof.• Cash Flow Management.• Developing and maintaining relationships with financial institutions.• Responsible for Financial Reporting and Financial Statements (Monthly, Quarterly, Half Annually and Annually).• Analysis on Financial reports and Variance analysis.• Developing, maintaining and continuous improving of key internal controls of the company.• Responsible for statutory audits, special audits, assignments and certifications from the auditors of the company.• Financial modeling of projects on different scenarios (NPV, IRR, PB, FCF etc).• Continues development of team member and enhance their abilities, knowledge keeping them updated on the new changes in the field. Show less

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  Gulf Central Company

  Mar 2020 - Dec 2022

  Head of Finance and Accounting

  - Budgeting, Financial Planning, Variance Analysis, Cash Flow Management.- Developing and maintaining relationships with the Financial Institutions.- Developing, maintaining and continuously improving key internal controls.- Statutory audits, special audits, valuation assignments.- Taxation, VAT planning and compliance.- Continuous development of the team and enhancing their abilities.- Periodic management accounts, budgets, financial and operational plans.

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  Al Safi Danone

  Dec 2022 - now

  Financial Planning and Analysis Manager

  -5 year Strategic Plan-Annual Operational Plan-Quarterly Forecasts-Mid month and monthly Landing Estimates-Preparing, monitoring, evaluating monthly, quarterly and yearly budgets-Monthly Business Report (MBR) for BOD-BOD Presentations, ExCo meeting presentations-Monthly CEO & BOD letter on Company's performance-Finance Business Partner-Preparing innovations P&Ls and presenting to ExCo's.-Liaising with Sales, Marketing & R&D to ensure Company achieves its economic targets. Show less