Kashif Ibrahim
FInance
Karachi
Summary of Career
1. Providing oversight for preparation and review of financial statements and KPIs
2. Collaborating with operations teams and providing sound financial, commercial and accounting advice and analysis to facilitate effective decision making
3. Reviewing and approving payments of the invoices and payroll
4. Led Financial Planning and Forecasting process in close coordination with local and regional stakeholders to collate, analyze, review and present Sales, OPEX, CAPEX and HC Budgets
5. Periodic monitoring and tracking of KPIs (sales, margins, expenses) against targets along with commentaries for variances to assist in timely decision making and corrective actions
6. Supported Business Development for new product investment decisions
7. Coordinated closely with Supply Chain to monitor Distributor Inventory and track Secondary vs. Primary Sales by Brand
8. Exercised control over spending/expenses through review and approval of POs ensuring compliance with policies and approved budgets
9. Managed month end closing and reporting process in compliance with group guidelines, ensuring delivery of reporting pack and management accounts as per deadlines
10. Review of GL account recordings and movements, highlighting variances to investigate reasons and recommending on follow-up actions
Experience as Assistant Finance Manager
Sanofi Pakistan
01 August 2008
09 September 2011
- Analyzed monthly, quarterly and annual operating results of sales, margins, expenses against budget/prior years and reported variances along with reasons/comments.
- Reviewed Monthly Sales Trend and Reported Trends/Budgets in HFM.
- Represented Finance in Cross Functional team for Portfolio Acquisition project
- Assisted in Financial / Inventory Audits
Experience as Senior Finance Manager KSA
HIlton Worldwide
11 September 2011
12 October 2017
- Assisted VP Operations & Director Finance in Operational Finance matters for KSA hotels
- Led the setup of Finance function for Hilton corporate office in KSA and supported the Commercial Registration process.
- Review and Analysis of Annual Budget/Rolling Forecasts for KSA hotels, ensuring reporting of Budgets, Forecasts and Actuals for KSA hotels is accurate and timely
- Supported hotel Financial Controllers in Operations Finance issues
- Monitored A/R Reports, Debtor Days and Bad Debt provision for KSA hotels.
- Performed BS reviews of hotels on periodic basis.
- Led the Financial Reporting for KSA corporate office with responsibility for delivery of Annual Accounts and coordination of all statutory filings.
- Annual Tax Return and WHT filings to Tax authorities in KSA
- Authorized Supplier Payments, Payroll, and Expense Claims for KSA corporate office
- Managed implementation of Financial Software systems for KSA corporate office
- Consolidated and Analyzed weekly/monthly reports ensuring timely and accurate reporting.
- Performed Variance Analysis of KPI’s against Forecast/Plan/LY with commentaries.
- Prepared Monthly/Annual Reporting packs for Executive team and assisted in Monthly Forecast and Annual Budget process/reviews.
- Performed Margin Analysis & Hotel Performance/Benchmarking reviews.
- Supported hotels in CAPEX approval workflow and acted as admin for CAPEX system
Experience as Finance Business Partner
Sanofi Pakistan
20 November 2017
12 July 2022
- Led Financial Planning and Forecasting process in close coordination with local and regional stakeholders to collate, analyze, review and present Sales, OPEX, CAPEX and HC Budgets.
- Periodic monitoring and tracking of KPIs (sales, margins, expenses) against targets along with commentaries for variances to assist in timely decision making and corrective actions.
- Provided meaningful analysis and insights to identify gaps as well as growth opportunities.
- Supported Business Development for new product investment decisions.
- Performed scenario analysis to assess impact on margins due to change in input prices.
- Coordinated closely with Supply Chain to monitor Distributor Inventory and track Secondary vs. Primary Sales by Brand.
- Assisted in resource allocation decisions through financial analysis to optimize margins/ROI
- Partnered with concerned departments to identify and implement cost saving initiatives.
- Exercised control over spending/expenses through review and approval of POs ensuring compliance with policies and approved budgets.
- Managed month end closing and reporting process in compliance with group guidelines, ensuring delivery of reporting pack and management accounts as per deadlines.
- Review of GL account recordings and movements, highlighting variances to investigate reasons and recommending on follow-up actions.
- Partnered with credit control team to minimize overdue debts and meet collection targets.
- Managed relationship with banks to ensure credit facilities and optimal working capital.
- Liaised between supply chain and banks for import/export documentation, trade finance and smooth processing of local and international payments.
- Implemented online payment solution for local payments.
- Prepared cash flow budgets/rolling forecasts and analysis of variances.
- Review of bank reconciliation statements and follow-up/resolution of the reconciling items
Experience as Financial Controller
Double Tree by Hilton Riyadh Hotel
12 July 2022
10 November 2022
- Providing oversight for preparation and review of financial statements and KPIs of the hotel
- Collaborating with operations teams and providing sound financial, commercial and accounting advice and analysis to facilitate effective decision making
- Conducting monthly credit meeting to follow-up/align on actions to collect overdue balances.
- Reviewing and approving payments of the invoices and payroll.
- Ensuring timely renewal of all contracts with due approvals.
Bachelor 01 August 2004
BS Computer ScienceMaster 01 August 2008
MBAACMA