1. 1
Imtiaz Lutful Baset
B.Com (Hons.), M.Com (Accounting), MBA (Marketing), FCMA, FCA
Managing Director - Chief Financial Consultant
Kindler Universe Limited
Phone – Cell: 01711 880 065
Residence: 02 - 5895 7389, 5895 0233
E-mail: imtiaz.baset@live.com
ACADEMIC QUALIFICATIONS:
Bachelor of Commerce with Honors in Accounting; passed in 1980 from the University of Dhaka.
Master of Commerce in Accounting; passed in 1981 from the University of Dhaka.
Master of Business Administration with major in Marketing; passed in 2004 from the City University, Dhaka
and secured CGPA 3.86 in the scale of 4.
PROFESSIONAL DEVELOPMENT:
Qualified as a Chartered Accountant in 1992 from The Institute of Chartered Accountants of Bangladesh
Qualified as a Cost and Management Accountant in 1985 from The Institute of Cost and Management
Accountants of Bangladesh
Qualified Professional Program Part – I from The Institute of Chartered Secretaries and Administrators (UK).
EMPLOYMENT HISTORY:
MANAGING DIRECTOR – Chief Financial Consultant
Kindler Universe Limited
1 March 2016 – Present
1 November 2013 – 31 March 2014
Engagement
RA Hospital Education and Training Institute Dhaka Limited
- ROYAL COLLEGE OF SURGEONS OF ENGLAND PARTNER
Specialized in Colorectal& Laparoscopic surgery
KAB Auto Bricks Limited
Significant Responsibilities
Financial modelling
Market Research/Survey
Feasibility studies, Company/Project Profile, Business Plan
Accounting System Development
Financial & Accounting Reporting System Development & Implementation
Development of corporate culture and governance
Manufacturing Costing System Development and Processes Improvement
Personal and Company Tax Advisory (Including VAT)
Company Affairs related advisory company formation, secretarial assistance
HRM Advisory
Capital market based business set up services (Credit Rating, Trustee etc.)
CHIEF FINA NCIAL OFFICER
Paragon Group 1 April 2014 - 29 February 2016
BRB Group of Companies 1 April 2013 - 31 October 2013
Finlay – A Group of Tea Companies 1 April 2012 - 31 March 2013
Reporting: Managing Director
Supervision: 25
Significant Responsibilities
Total responsibilities of finance including treasury, tax, VAT, audit, ensuring financial discipline and control,
costing, business plan, feasibility plan of all the subsidiary companies of the Group. Play the role of financial
adviser to the managing director in connection to ensuring Corporate Governance. Provide the periodical
reports on finance and non-finance issues to the management as well as to the Board. Also perform the role
2. 2
of company secretary and managing the responsibilities of people and logistics management.
ROBI AXIATA LIMITED (Malaysia based mobile telecommunication company)
Vice President – Finance & Company Secretarial 16 March 2010 – 31 March 2012
Head – Financial Compliance, Risk Management & Process Improvement
1 October 2009 – 15 March 2010
Assistant General Manager - Accounting 1 October 2006 - 30 September 2009
Reporting: Chief Financial Officer
Supervision: 60
Finance Significant Responsibilities
To lead, direct and monitor compliance of finance related functions to achieve business objective
To implement financial and accounting systems, policy and procedures in order to contribute to good
commercial management of the Company’s business
To establish and monitor financial performance and ensure proper asset management to ensure effective
business operations
To develop and compile annual budget as well as to ensure budgetary control effectively and efficiently
To formulate costing policy and procedure and analysis of product profitability
To manage risk effectively by taking proper insurance management
To deal with the IPO related affairs as IPO Project Manager
To ensure timely completion of audited annual accounts& reports in accordance with IAS/BAS/IFRS/BFRS and
GAAP reporting rules
To provide management with necessary advices on critical investment and financial issues
Ensuring proper internal controls and procedures are formulated and executed in Finance.
Assess, review and report on the appropriateness of Robi's accounting policies and practices and the quality
of financial reporting
Project analysis/appraisal/ management and/or process improvement for Finance
Ensuring proper financial compliance and governance across Finance including SCM, Revenue Assurance and
Credit Control on top of accounting and reporting
Overall responsibilities of company secretarial affairs:
Convene Directors’ Meeting, EXCOM and AGM
Advise the Board regarding Corporate Governance & Compliance
Ensure effective and efficient Internal Control
Advise efficient financial management
COATS BANGLADESH LIMITED (UK based company)
Position: Finance Manager
15 December 2003 – 30 September 2006
Reporting: Finance Director
Supervision: 25
Significant Accomplishments
To manage and control overall finance and secretarial functions of two units (Coats Bangladesh Limited and Coats
Crafts Bangladesh Limited):
Management Accounting& Reporting: Group Reporting, budgeting, forecasting & planning, management
reporting etc.
Cost Accounting: Factory accounts of two factories including determining product costing and product
profitability
Financial Accounting: Treasury & Insurance Management, Suppliers’ Payments, Taxation & VAT, Group
Remittance, Statutory and Internal Audit, External Reporting, Payroll Management etc.
Credit Control: Debtors Management, Export Handling etc.
GLAXOSMITHKLINE BANGLADESH (UK based company)
Position: Financial Manager
January 2000 – 14 December 2003
Reporting: Finance Director
3. 3
Supervision: 20
Significant Accomplishments
Regularised the pending tax matters of the Company
Experience gained and functions managed
Supervising and maintaining an efficient financial accounting function
Prepare the periodical financial statements i.e. monthly, half-yearly and annual
Prepare financial reporting in accordance with the Companies Act, SEC, DSE, IFRS and SAFA guidelines
Prepare annual accounts for year-end publication and circulation to the shareholders
Prepare departmental budget and help other department by providing data in preparation of their budget/plan
Ensuring the maintenance of appropriate standards in treasury activity in respect of sales collection,
payments, investing surplus fund and to promote as well as to maintain good relationship with bank
Reduction of risk in different business processes through efficient and effective insurance management and
maintain good relationship with insurance companies
Manage an efficient tax planning system in order to minimise the tax burden of the company and Group
Looking after the VAT (Value Added Tax) related issues and maintain liaison with the VAT authority
Develop the accounting staff through training for improvement of skills and knowledge to take on broader
jobs than in the past
Position: Internal Audit Manager
May 1995 – December 1999
Reporting: Finance Director
Supervision: 4
Significant Accomplishments
Successfully establish the acceptability of internal audit in the Company
Participated in GIA audit assignment in Glaxo Wellcome Saudi Arabia
Experience gained and functions managed
Managed and control overall secretarial functions
Carried out internal control review in various audit entities of the Company
Developed various business procedural manuals
APEX LEATHERCRA FT LIMITED
Position: Manager (Finance)
June 1993 – April 1995
Reporting: Managing Director
Supervision: 5
Significant Accomplishments
Developed and implemented an integrated accounting system
Experience gained and functions managed
Determined the product cost of different items
Prepared necessary documentation in order to obtain bank loan
Insurance management in order to minimise business risk
Prepared various reporting for the management
NON – GOVERNMENT ORGANIZATION (NGOs)
Business Advisory Services Centre (BASC)
Position: Manager (Accounts & Finance)
May 1992 – May 1993
Reporting: Director (Finance & Administration)
Supervision: 7
4. 4
Significant Accomplishments
Designed an accounting system in line with internal control structure
Experience gained and functions managed
Monitoring the financial analysis
Managed the treasury matters
Prepared various reporting for the management
Micro Industries Development Assistance Society (MIDAS)
Position: Assistant Chief Internal Auditor
March 1991 – April 1992
Reporting: Director (Finance & Administration)
Supervision: 4
Significant Accomplishments
Developed internal audit manual
Worked on the loan disbursement documentation
Experience gained and functions managed
Carried out audit and investigation at various MIDAS funded projects
CHIEF ACCOUNTA NT
December 1985 – February 1991
Asaf-Tex Limited
Sona Rupa Tea Limited
Dhamai Tea Estate Limited
Reporting: Managing Director
Supervision: 5
Significant Accomplishments
Designed an integrated accounting system in line with internal control structure
Experience gained and functions managed
Monitoring the financial analysis
Carried out the responsibilities of Company Secretary
Managed the treasury, insurance and tax matters
Prepared various reporting for the management
Prepared financial statements
Managed statutory audit
M. M.RAHMAN & CO.
Chartered Accountants
Articled Student
December 1982 – November 1985
Experience gained during article ship period
Conducted and finalized audit of financial statements/reporting of various MNCs, Autonomous
bodies/corporation, non-profiteering organisations
Led audit discussions with various clients in order to finalize audit
Carried out consultancy relating to tax, designing accounting and control system
Carried out cost, management and self-audit for various organizations
OVERSEAS WORK EXPERIENCE
Carried out Internal Controls Review of GlaxoSmithKline Saudi Arabia as a (Global Internal Audit) GIA team member
5. 5
in December 1998.
OTHER EXPERIENCE
Teaching, Scripts Examination and Questions Setting & Moderating
Part-time course faculty of:
Northern University since April 2003 (MBA Program)
South East University since January 2012(Friday MBA Program)
The Institute of Cost and Management Accountants of Bangladesh since 1987
The Institute of Chartered Accountants of Bangladesh since 1995
STRENGTHS
Analytical and professional approach in conducting all assigned tasks
Quick understanding capacity to pick-up and clear conception in problem solution
Good inter-personal relationship skill
Perception, devotion, dedication and integrity
LANGUA GE SKILL
Mother tongue - Bangla
Other languages -
English fluency in speaking, reading and writing
Primary efficiency in French language in speaking, reading and writing (passed DELF – A/2
exam)
COMPUTER COMPETENCY
Operating System – Windows XP, Windows NT
MS Office 2007
Financial Software – Tetra CS/3 and Sage Enterprise, JD Edward, Discus, Debtor Management
System, Harvest, SAP
PUBLICATIONS
Articles on various subjects like Auditing, Management and IT were published in the journals of the ICAB, ICMAB
and in The Dhaka Courier – a leading weekly.
MEMBERSHIP
: A fellow member of the Institute of Cost and Management Accountants of Bangladesh (F – 139)
: A fellow member of the Institute of Chartered Accountants of Bangladesh (Enrol. # 663)
: A member of the Information Systems Audit and Control Association, USA (Member ID# 123956)
: A life member of the Institute of Internal Audit, USA
: A life member of the Bangladesh Economic Association (Membership # 490)
: A life member of the Alumni Association of University of Dhaka (LM # 1723)
: A life member of the Accounting Alumni, University of Dhaka (LM # 0087)
: A registered graduate (life member) of the University of Dhaka (Registration # 04395)
: A life member of MBA Club (LM # 450)
: A life member of Army Golf Club (LM # 5112)
: A life member of Shaheen Golf and Country Club, Patenga, Chittagong (Membership # 134)
: A life member of Chittagong Maa-O-Shishu Hospital (LM # 2086)
: A member of the Executive Committee of the Alliance Française de Dhaka during 2012 – 2014
PERSONAL DETAILS
- Father’s name and occupation : Late A. Q. M. Baset
- Mother’s name & occupation : Late S. N. Baset
- Date of Birth : 12 July 1958
- Permanent Address : 13/A, Becharam Dewry Road
Dhaka: 1100
- Mailing Address : Crest
House: 15, Road: 18, Sector: 04
6. 6
Uttara Model Town
Dhaka: 1230
- National Status : Bangladeshi by Birth
- National Identification Number : 550 031 3720
- Marital Status : Married
- Number of Children : Two Daughters and Two Sons
REFERENCES
Mr. Syed Fazlu lHaque FCA
Former Managing Director
- GlaxoSmithKline (Bangladesh) Ltd.
Executive Director
- Summit Group
Cell: +88 01711 565016
Email: sfhaque@oclbd.com
CERTIFICATION
I CERTIFY THAT ALL INFORMATION STATED IN THIS RESUME IS TRUE AND COMPLETE TO THE BEST
OF MY KNOWLEDGE.
Date: 24 January, 2017 Imtiaz Lutful Baset
