Muzammil Sultan

• Plan, organize, direct, control and evaluate Accounting & Financial functions,
• Development and implementation of Financial Policies & Procedures,
• Working Capital Management,
• Preparation of consolidated Financial Statements ,
• Preparation of consolidated Financial Statements
• Review of Cost Sheet, Review Of Variance Statement & Cost & Benefit analysis, Review Of General Ledger for appropriate recognition,
• Liaison with External Auditor for the relevant reporting,
• Preparation of Forecasted Cash Flow statement, Forecasted Profit & Loss Account & Forecasted Financial Position,
• Evaluation of financial reporting systems & accounting procedure and make recommendations on amendments,
• Preparation & Submission of Tax Return of the company.

Plan, organize, direct, control and evaluate Accounting & Financial functions:

• Financing of projects through Loan & Borrowing
• Working Capital Management & Control
• Trade and Note Payables
• Capital appraisals
• Reporting of Financial Performance and Results including Associates & Subsidiaries
• Petty Cash Disbursement & Controls
• Bank Payments & Receipts including Tele transfer transactions, Inventory Management & Controls

Assistance to CFO in development and implementation of following Financial Policies & Procedures:

• Accounts Reconciliation
• Bank Reconciliations
• Preparation of Financial Statements
• Budget Preparation, Evaluation, Review, & Follow-up
• Fixed Assets Controls
• Payments, Advances & Accounts Payable
• Cheque Function
• Petty Cash Function
• Payroll
• Treasury & Banking Transactions
• Credit Management
• Sales, Receivable Invoice & Accounts Receivable
• Inventory Management & Controls
• Preparation & Review of Reports
• Filing and Archiving

Preparation of consolidated Financial Statements by incorporating Associates & Subsidiaries.Review all Joint ventures Financial Statements (Redco Rizzani JV, Rizzani Lotte Redco JV, Redco Porr AKE JV, Redco Porr Vent City JV, Redco PSC JV, Redco Mecon W.l.l.) in order to taking care of interests of Redco shareholders. Review of Cost Sheet of all Projects. Review Of Variance Statement & Cost & Benefit analysis for main project activities. Review Of Fixed Assets Reporting. Review Of General Ledger for appropriate recognition. Liaison with Internal and External Auditor for the relevant reporting.

Preparation of Forecasted Cash Flow statement, Forecasted Profit & Loss Account & Forecasted Financial Position of the project in coordination with Estimation, Procurement & Design Department after incorporating reasonable basis of estimates and in case of disagreement on reasonability of basis of estimates, the analysis of unreasonable basis of estimate shall be given to all concerned departments.

Assistance to CFO on evaluation of financial reporting systems & accounting procedure after every 3 Months and make recommendations on amendments in accounting software like development of additional tools or reports in ERP systems, addition or deletion of resources so as to achieve 3Es in financial reporting systems & accounting procedures.

Evaluation of investment activities of the company for reporting to shareholders and CFO of the company. This evaluation includes financial commentary on key performance indicators, critical success factors, analysis on main constraints on achievement of required performance, ratio analysis comparison with industry acceptable indicators.

Take interview for the recruitment of staff in finance department along with HR Manager & CFO.

Conduct training sessions on following event; new development in ERP system, after adopting new IFRS standard that would impact the reporting pattern or any useful session for personal growth of the staff.

Act as liaison between Redco International and its shareholders by responding to shareholders representatives on their queries related to financial performance and financial position of the company and inclusion of CFO remarks (if required).

Act as liaison between Redco International and its banks (provider of finance) by responding to their queries in relation to financial collateral given in the financing arrangement or in relation to their financial review on quarterly and annual basis.

In case of acquisition or Merger, estimation of net worth of the entity after coordinating the due diligence assignment with Valuator.

Preparation of financial feasibility on investment decision

• Preparation of capital appraisal on purchasing of high value assets
• Development of ‘Public Private Partnership Financial model’ in coordination with hired financial consultant for Qatar Government tender
• Reporting of non-valued activities for the optimum use of the resource.

Reporting to Management if KPI are indicating unhealthy results

• Worked as Audit Senior and Financial Consultant
• Worked through the planning, execution and conclusion stages of statutory audits and validation of financial reporting packages of national concerns
• Responsibilities included engagement management, client relationship management
• Also worked as Financial Consultant in Consultancy Assignment of the Firm in Construction and Manufacturing Industry.

• Assistance of Finance Manager in Future planning relating to finance especially Working Capital Management, -Debtor and Creditor management in view of 'Receivable and Payable' Reconciliation and Cash management in view of Bank Reconciliation Statement.