FAHIM ASHRAF

• P&L Leadership: Driving PAS P&L of $0.3B in the Middle East & North Africa.
• Commercial Support: Providing strategic alignment for $0.6B HPS businesses in the META region.
• Financial Insights: Acting as primary contact for IA KSA, delivering key financial insights to enhance business growth.
• Sales Collaboration: Partnering with sales teams to drive deal understanding and improve forecast accuracy for targets.
• Escalation Management: Serving as the main contact for HPS escalations, ensuring effective global coordination.
• AOP Planning: Led AOP and monthly financial reviews for the region.
• Business Analysis: Conducting ad hoc analyses to identify trends and support decision-making with financial data.
• Financial Advisory: Provided trusted financial guidance while ensuring adherence to policies and controls.
• Cash Flow Improvement: Initiated cash flow enhancement strategies and resolved outstanding receivables issues.
• Accounting Compliance: Ensured compliance in accounting tasks, collaborating with regional and global controllers.
• Team Leadership: Led and developed a team of 2 finance analysts to enhance departmental performance.
• Accounting Review: Oversaw general accounting activities, ensuring compliance with accounting standards and policies.

• Financial Preparation: Monthly preparation of company financials, including Balance Sheet, Profit & Loss Statement, and Cash Flow, with accompanying notes.
• Target Evaluation: Assess performance by calculating variances between actual figures and monthly targets, detailing deviations where necessary.
• Budget Leadership: Lead the annual budgeting process for the company.
• Compliance Assurance: Maintain financial records in accordance with international accounting standards.
• Fund Monitoring: Daily oversight of fund adequacy, ensuring timely renewal of short-term loans.
• Receipts Supervision: Monitor and supervise the collection process from customers.
• Payments Management: Oversee payment processes to local and foreign suppliers, ensuring compliance with agreed terms.
• Reconciliation Monitoring: Ensure monthly reconciliations with customers, suppliers, and banks are conducted.
• Receivables Analysis: Analyze aging Accounts Receivables and calculate provisions for bad debts.

• Financial Statements: Prepared financial statements and conducted ratio analysis.
• Budget and Variance Analysis: Developed budgets and analyzed variances against monthly and quarterly targets, providing detailed explanations for deviations.
• Management Reporting: Created management reports as per organizational requirements.
• Staff Training: Supervised staff and conducted job orientation training periodically.
• Government Audit Support: Collaborated with government auditors during the 2001 audit.
• Tax Compliance: Calculated tax liabilities, monitored payroll preparation, ensured employee salary tax deductions, and managed Income Tax Returns.
• Funds Flow Management: Prepared monthly and quarterly Funds Flow Statements based on forecasts and actuals.
• Interim Management: Assumed responsibilities of Manager (F&A) in their absence.

Sales Taxpayers Worked On:

• SPEL Packaging Industries
• Sarfraz Yaqub Textile Mills (Pvt.) Ltd.
• Tulip Poly Bag Industries (Pvt.) Ltd.
• Riaz-ud-Din Poly Packages.