Asif Muhammad Siddiq
CFO at Krystalite Products Private Limited
Karachi
Summary
Financial leader with strong track record in strategic planning, risk management, and financial analysis. Adept at driving financial growth through effective team collaboration and adaptive strategies. Known for reliability, flexibility, and results-driven approach. Skilled in budgeting, forecasting, and regulatory compliance, ensuring fiscal health and organizational succes
Overview
14
14
years of professional experience
10
10
years of post-secondary education
Work History
Chief Financial Officer
Novatex Limited
08.2023 - Current
- Overseeing the comprehensive affairs of the finance department
- Developing strategies to optimize the efficient utilization of company resources and making decisions regarding the allocation of scarce resources to maximize profitability
- Coordinating closely with other departments, particularly tax and treasury, to liaise with governmental bodies like the FBR (Federal Board of Revenue) and various financial institutions
- Engaging in insurance risk management in collaboration with the insurance team to protect the company's financial well-being while ensuring cost-effectiveness
Financial Controller / Power User GRC / Sap Cutover Lead
Novatex Limited
11.2021 - 08.2023
- Financial Controller at Gatronova Group, overseeing 4 out of 28 companies
- Completed first-time audits for 2 UAE group companies, implementing IFRS 16 and IFRS 9 ECL
- Led cutover management during the group's digital transformation
- Liaised with the internal insurance department to optimize asset protection at minimum premiums
- Collaborated across teams to ensure financial compliance and resource optimization
- Contributed to feasibility preparation for global projects, supporting strategic decision-making
Audit Manager
PARKER RANDALL-A.J.S CA
02.2019 - 09.2020
Internal Audit Manager
Afeef Packages Private Limited
03.2016 - 01.2019
- Developed high-level knowledge of business goals, policies and procedures to establish foundation for targeted problem solutions
- Trained and mentored different department staff on policies and procedures to establish strong foundation for business development
- Preparation and presentation of monthly internal audit report to the Management
- Identify deviation and ensure compliance with SOP's
Audit Trainee
EY
03.2011 - 11.2015
- Leading teams through planning, execution and completion stages of audit
- Engagement planning based on understanding of the entity and assessment of business and related audit risks
- Coordination with the team manager and engagement leader to define the extent of planned audit procedures and to update on the progress of the engagement
- Supervision, review and finalization of assurance engagements in accordance with International Standards on Auditing (ISA)
- Liaison with client's management and communication of relevant matters to persons at appropriate level of responsibility
- Consultation on significant matters with various professionals such as lawyers, tax advisors, actuaries and IT experts
- Assisting clients in preparation of financial statements in accordance with the applicable financial reporting framework including compliance with International Financial Reporting Standards (IFRS), local corporate laws and directives of regulatory authorities
- Establishing positive working environment by building solid relationships with team members, clients and other stakeholders
- Evaluating internal control systems and risk management procedures, identifying weaknesses therein and making recommendations to management
- On-the-job training and professional development of staff
Education
Chartered Accountancy - Accounting and Finance
Institute of Chartered Accountants of Pakistan
01.2009 - 01.2019
Skills
- International Accounting Standards
- Financial Controlling
- External Audits
Timeline
Chief Financial Officer
Novatex Limited
08.2023 - Current
Financial Controller / Power User GRC / Sap Cutover Lead
Novatex Limited
11.2021 - 08.2023
Audit Manager
PARKER RANDALL-A.J.S CA
02.2019 - 09.2020
Internal Audit Manager
Afeef Packages Private Limited
03.2016 - 01.2019
Audit Trainee
EY
03.2011 - 11.2015
Chartered Accountancy - Accounting and Finance
Institute of Chartered Accountants of Pakistan
01.2009 - 01.2019
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