Wajahat Rasool has over 20 years of experience in finance and management roles in Saudi Arabia and Pakistan, including managing banking facilities of SR 4 billion and projects of SR 7 billion. He has extensive experience implementing ERP systems and internal controls, as well as uncovering a SR 20 million fraud. His career includes positions as Group Director of Finance, Finance Manager, and Group Finance Manager for various contracting, manufacturing, and financial companies.

1. ` OLAYA ROAD, Tel: +966-56-7231250
RIAYDH, SAUDI ARABIA E-mail: wajahat_rasool@hotmail.com
Wajahat Rasool –FCA, CPA
SUMMARY OF ACHIEVEMENTS
 Currently Managing banking finance facilities of around SR. 4,000 million (m) and projects over SR. 7,000 m.
 Develop and implement Balance Score card, KPIs at department and corporate level
 Involve in strategic management decision and business valuations for decision of mergers and acquisitions
 Carry out BPR and implement Oracle, Dynamics AX, SAGE Pro and GP ERP in different companies
 Streamline & develop business processes & system for business excellence and weeding out growth barriers
for top notch performers.
 Re organize the Finance department to bring efficiency in the system to save time and handle increase volume
of work with less work force
 Build a strong MIS for reporting to analyze the periodic performance to facilitate in decision making.
 Led the successful implementation and compliance of Sarbanes Oxley Ordinance (SOX) in the organization
 Reduce the provisions of doubtful receivables from 16% to 4% with network of 400 distributors
 Unearth a fraud of Rs. 20 million with proofs for criminal investigation
PROFESSIONAL EXPERIENCE
I have more than 20 years of experience with progressively responsible positions with a proven track record in both
financial and management matters in Pakistan as well as in Saudi Arabia and managed transactions including mergers,
strategic planning, arrangement of funds from Financial Institutions, budgets & forecasting, projects’ feasibility,
financial analysis and general advisory work for the development & implementation of accounting and internal control
systems and corporate governance.
I responsibly assume the challenges and goals that the organization assigns me, adaptable to change, staff
management, ability to work in teams, handle work under high pressure, as well as to solve problems efficiently and
achieve productivity goals set by the company and my work group. My brief detail of experience is below:
Contracting Business
Working in Contracting companies having expertise in engineering, procurement, construction, mechanical, testing,
commissioning and maintenance works in the fields of power, industrial, infrastructure, electromechanical, oil & gas
sectors for last more than eight (8) years as head of Finance and Accounts department in Saudi Arabia.
Company Period Position Reporting
to
Annual
Turnover
Al Gihaz Holding Jul 12 - To
date
Group Director
Finance
CEO/
President
SR. 2,000 m
Toledo Arabia Co (Abunayyan
Group )
Jun 12 -Jul 14 Director Finance CEO/ MD SR. 540 m
Delta Holding Sep 07 - Jun
12
Group Finance
Manager
CEO SR. 370 m

2.  Oversees and directs accounting, treasury, budgeting, insurance, stock Contro, zakat & tax activities of the
organization.
 Prioritize and plan work activities, use time efficiently, set goals and objectives, organize or schedule team
members & their tasks and develop realistic action plans.
 Cash/ Working Capital Management including banking relationship. Dealing & negotiating with banks;
prioritizing the requirements, fund management; bridge financing for projects & Guarantees availability etc
 Investment & project evaluation with feasibilities & financial analysis and supporting underneath affiliates in
developing projections & to ensure harmonization of their targets with objectives
 Review the bid before submission and advise not only on to protect margins but also provide commercial
input to increase the value of the business.
 Supervise Joint venture accounting teams and ensure that company policies adhered to and review results
 To prepare/ review budgets & plans and share project progress including project profit estimates, collection
position, cost control initiatives and different analysis with Department/Project Managers and report thereon.
 To report financial results monthly in compliance with IFRS/IAS & local standards and make variance
analysis with budget and last year and reasons thereof
 To analyze and interpret large volume of data to provide both adhoc and routine reports for decision making
 Led the successful implementation and compliance of internal and accounting control system in the
organization, continually monitoring risks and assess the need to improve the system to achieve the goals.
 To carry out BPR and implement Oracle, Dynamics AX, GP to develop a strong financial analysis model
Manufacturing and Other Business
Worked seven (7) years with local and multinational companies involved in manufacturing and large distribution
activities and provide share trading platform as head of the department in Pakistan.
Company Business of
Company
Period Position Reporting
to
Annual
Turnover
Lahore Stock
Exchange
Stock Exchange Oct 10 -
May 11
CFO CEO Rs. 400 m
FMC United (US
based Company)
Agro Chemicals
trading &
manufacturing
Mar 05
-Sep 07
Finance
Manager
CEO &
Asia
Controller
Rs. 700 m
Schazoo
Laboratories
Pharmaceutical trading
& manufacturing
Jul 00 -
Feb 05
Group
Finance
Manager
CEO Rs. 400 m
 Responsible for financial, accounting, corporate, taxation, IT and procurement activities
 Involve in strategic management decisions related to sales and marketing, finance and operations and pricing
of large product portfolio and policy making
 Treasury management; monitor liquidity of the organizations to manage working capital and place extra funds
with different financial institutions on better negotiated terms and involve in hedging activities to mitigate FX
exposure risk and implement online cash management system
 Plan all purchases for the year for timely availability of socks without hurting cashflow and working capital
 Finalize monthly/ annual financial statements and MIS reports in conformity with IAS and monitor KPIs
 Preparing strategic business plan and budgets after gathering all related information from concerned
departments and maintain budgetary controls and monitor progress according to budgets and plans

3.  Critically analyze results, providing detailed analysis on key decision making drivers and ascertain
opportunities for improvement and report to BOD
 Led successful implementation & compliance of Sarbanes Oxley Ordinance (SOX) to strengthen the internal
controls in the company by developing and implementing financial and accounting systems and procedures
 Working with operations and IT to improve data flow processes, the control environment and implementing
new processes where necessary to develop a strong system to mitigate risks.
 Clearly articulating corporate performance in timely reporting and automate the generation of the reports and
reduce timescales of management and statutory reporting.
 To look after all agreements and legal proceedings including recovery cases, intellectual property rights
 To deal with all corporate secretarial work including filing of returns, minutes recording etc
 Implement and run integrated accounting, inventory and sales management software SAGE PRO and
Oracle
Audit & Advisory Business
Company Period Position Reporting to
Sidat Hyder Qamar & Co Nov 93 - Jul 00 Asst. Manager Partner
Worked with one of the leading CA Firms Sidat Hyder Qamar & Co. representing Ernst & Young in Pakistan.
During my stay with the firm gained diversified experience in the following fields in different industries including
manufacturing, textile, hotels, FMCG, construction, trading, engineering, services and financial institutions
 Audit
Statutory / External Audit
Internal Audit (system studies, reports on internal control systems)
 Corporate Secretarial (IPO, incorporation of companies, annual returns)
EDUCATION
CA Pakistan 2000
CPA Pakistan
Graduate Pakistan 1994
Seminars and Symposium
 No of seminars and courses on different accounting topics, Islamic corporate finance, strategy, Leadership and
time management
 Attend meetings on different financial topics, SOX and internal controls in Pakistan, USA, China, Dubai and
Saudi Arabia
COMPUTER KNOWLEDGE
 Experienced user of Windows, Excel, Word, Power point
 Working on different ERP systems i.e. Sage pro series, Oracle ERP, Dynamics AX
PERSONAL
Date of Birth 5 May 1973
Nationality Pakistani
Marital Status Married having three children