Fakhar Imam - Resume
- 1. SSyyeedd FFaakkhhaarr IImmaamm ZZaaiiddii House # R - 1020, Sector 16 A, Buffer Zone Karachi Pakistan Phone +92-21-34299975 Cell: +92-300-7317077 Email: fakharimamzaidi@gmail.com CCAARREEEERR OOBBJJEECCTTIIVVEE To become part of a dynamic organization that provides opportunities to learn, excel and grow while consistently contributing towards organizational success, to understand new businesses and to work with innovative people in a professional and conducive environment. PPRROOFFEESSSSIIOONNAALL QQUUAALLIIFFIICCAATTIIOONN PPaarrttiiccuullaarrss IInnssttiittuuttee // BBooaarrdd SSttaattuuss Associate Chartered Accountant The Institute of Chartered Accountants of Pakistan Passed December 2010 AACCAADDEEMMIICC QQUUAALLIIFFIICCAATTIIOONNSS PPaarrttiiccuullaarrss IInnssttiittuuttee // BBooaarrdd DDiivviissiioonn // PPeerrcceennttaaggee YYeeaarr Higher Secondary Certificate (GCE A-levels equivalent) Pioneer Finance College - Board of Technical Education, Lahore (Secured 3rd position overall in Punjab) 70 % 2001 Secondary School Certificate (GCE O-levels equivalent) Nishat High School - Board of Secondary Education, Multan 85 % 1999 PPRROOFFEESSSSIIOONNAALL EEXXPPOOSSUURREE HHAABBIIBB IINNSSUURRAANNCCEE CCOOMMPPAANNYY LLIIMMIITTEEDD March 2012 To date Presently, I am working as Head of Internal Audit Department of Habib Insurance Company Limited. My responsibilities include: Presenting the Audit Plan for the year before the members of Audit Committee; Conducting in house audit of operations and controls of the Company including country wide branches in accordance with the Audit Plan; Highlighting major risks and presenting mitigating factors for those risks; Presenting the findings of internal audit in form of a report to the Audit Committee on quarterly basis; Developing a tracking system to keep control over the issues highlighted in previous reports. Doing various assignments and giving suggestions regarding cost cutting measures for the benefit of the Company. Prior to joining Internal Audit department, I worked under finance department of the Company. My key responsibilities included the following: Preparing projections for the year; Presenting financial results of the Company before the Board of Directors; Monitoring compliance with the Securities and Exchange Commission of Pakistan (SECP) regarding filing of quarterly and annual regulatory returns as required to be made under Insurance Ordinance, 2000 and SEC (Insurance) Rules, 2002 and various other information required by the SECP from time to time; Updating the senior management with Industry analysis as a means of judging the Companys performance; Reviewing and updating Companys standard operating procedures. Page 1 of 3
- 2. SSyyeedd FFaakkhhaarr IImmaamm ZZaaiiddii Continued from page 1 PPwwCC -- KKAARRAACCHHII,, PPAAKKIISSTTAANN A. F. Ferguson & Co., Chartered Accountants Taxation and Legal Advisory Services (TLS) June 2009 February 2012 Earlier, I worked as an Assistant Manager at A. F. Ferguson & Co. My experience in the TLS group of the Firm enabled me to develop a comprehensive understanding of the taxation and legal regulatory environment of the related industries. My key responsibilities included assisting the firm in performing various tasks and entailed: representing and advocating clients before the taxation authorities; advising, corresponding and meeting with clients regarding various tax matters; and preparation and filing of monthly and annual statements, income and sales tax returns and appeals of various corporate clients. Major clients that contributed to my professional growth include: o 3M Pakistan (Private) Limited o Tyco Fire Pakistan (Private) Limited o NIB Bank Formerly Credit Agricole Indosuez o Overseas Oil Trading Company (Private) Limited o Al-Futtaim Technologies Pakistan (Private) Limited o DHA Cogen Limited o B.L.Harbert International (Private) Limited o Bank of Tokyo Mitsubishi. PPwwCC -- KKAARRAACCHHII,, PPAAKKIISSTTAANN A. F. Ferguson & Co., Chartered Accountants Assurance and Business Advisory Services (ABAS) December 2004 February 2009 Provided services as Senior Associate in the firm and the key responsibilities for which I was accountable during my tenure with the firm includes the following: Planning and execution of audit (as per the requirements of International Standards on Auditing); Review of Internal control system, identification of significant weaknesses and recommending improvements; Liaising with and developing good working relationships with the client to deliver engagement expectations; Ongoing advisory and value added services in various aspects of business and development and training of audit staff; Preparation of following deliverable items: i. Financial Statements in accordance with the requirements of International Financial Reporting Standards and local regulatory requirements; ii. Reporting of significant issues to the management and decision making for the resolution of critical reportable matters; and iii. Reports on compliance with the best practices of Code of Corporate Governance. EEXXTTEERRNNAALL AAUUDDIITTSS OOiill aanndd GGaass Pakistan Refinery Limited - Annual audit for the year ended June 30, 2008. CCoouurriieerr SSeerrvviicceess DHL Pakistan (Private) Limited - Annual audit for the year ended December 31, 2006. CCoonnttrraaccttoorrss M.I. Overseas Pakistan Branch - Annual audit for the year ended June 30, 2006. AAuuttoommoobbiillee aanndd AAlllliieedd Hinopak Motors Limited - Annual audit for the year ended December 31, 2005. HHootteellss aanndd CClluubbss Sind Club - Annual audit for the year ended June 30, 2005. IINNTTEERRNNAALL AAUUDDIITT,, AADDVVIISSOORRYY AANNDD OOTTHHEERR SSPPEECCIIAALL EENNGGAAGGEEMMEENNTTSS MMOODDEELLLLIINNGG AANNDD BBUUSSIINNEESSSS PPLLAANNNNIINNGG UUNNIITTEEDD CCEEMMEENNTT LLIIMMIITTEEDD Involved in the engagement relating to prepare the financial feasibility of United Cement Limited. The Scope of work included: Information gathering and analysis; Page 2 of 3
- 3. SSyyeedd FFaakkhhaarr IImmaamm ZZaaiiddii Continued from page 2 件 Validation of sponsors assumptions and parameters through challenge process, which included preparation of financial projections in relation to sales, profitability, free cash flows etc.; 件 Preparation of financial model; and 件 Forming conclusion and recommending the best possible results. IINNTTEERRNNAALL AAUUDDIITT -- DDAALLDDAA FFOOOODDSS ((PPRRIIVVAATTEE)) LLIIMMIITTEEDD ((FFoorrmmeerrllyy ppaarrtt ooff UUnniilleevveerr PPaakkiissttaann LLiimmiitteedd)) The work performed included evaluating the effectiveness of internal controls and recommending improvements thereon by: having in-depth understanding of the sales function; visits to sales depots all over Pakistan; verifying compliance with existing sales policies, gauging their effectiveness, identifying bottlenecks and advising new policies and tactics in order to streamline the sales function and improve sales. SSPPEECCIIAALL AASSSSIIGGNNMMEENNTT BBAANNKK IISSLLAAMMII PPAAKKIISSTTAANN LLIIMMIITTEEDD Involved in the preparation of management reports and updating accounting records to facilitate the company. Our scope of work also comprised of the following namely: to reconcile the differences between management reports and general ledger, detailed verification of all transactions to ensure that they are properly recorded, preparation of overdue deliverable for the State Bank of Pakistan with regard to various products offered by the bank. OOTTHHEERR CCEERRTTIIFFIICCAATTIIOONNSS AANNDD EEXXPPEERRIIEENNCCEESS Price Differential Claims Pakistan Refinery Limited Certifications for various employees benefit funds IBM Italia S.p.A. Certifications for dividend & royalty remittances Hinopak Motors Limited. Certification of international cost payable and receivable by DHL Pakistan (Private) Limited. CCOOMMPPUUTTEERR IINNFFOORRMMAATTIIOONN SSYYSSTTEEMM ((CCIISS)) KKNNOOWWLLEEDDGGEE AANNDD EEXXPPEERRIIEENNCCEE Proficient in MS Office applications. User level knowledge of Lotus Notes, SAP and Oracle. Conducted audits through MyClient and Smart Statements (integrated audit documentation software of PwC). Working experience on Linux and Open Office. PPEERRSSOONNAALL DDEETTAAIILL EEXXTTRRAA CCUURRRRIICCUULLAARR Nationality :Pakistani Marital Status :Married Date of Birth :May 20, 1982 Languages :English and Urdu 件 Playing and watching cricket and table tennis. 件 Reading books. RREEFFEERREENNCCEESS GGEEOOGGRRAAPPHHIICCAALL WWOORRKK EEXXPPEERRIIEENNCCEE Will be provided on request. Can travel abroad for official assignments. Page 3 of 3