Ahmed Raza Parekh FCA , CIA

Being the Group CFO, I oversee a diverse portfolio encompassing major FMCG brands . My pivotal role entails spearheading and regulating all aspects of the Accounts, Finance, Costing, Budgeting & Taxation function. This includes implementing strategic financial initiatives, ensuring regulatory compliance, and optimizing operational efficiencies to drive substantial growth and profitability across the organization's vast and dynamic business landscape. Local Companies in my Port folios are Ismail Industries Limited (Candyland, Bisconni, Snackcity, Ismail Nutrition, GHIZA Flour & Astro Films) Hudson Pharma (Private) Limited Ismail Resin (Private) Limited Plastiflex Films (Private) Limited Innovita Nutrition (Private) Limited Innovita Labs (Private) Limited International Companies in my portfolio are Orbit Distribution LLC Ismail Global FZE Brief Description of my role is appended below Drove automation initiatives utilizing SAP S/4HANA, driving significant enhancements in operational efficiency. Led and mentored a team of over 80 professionals, fostering high performance and effective leadership within finance and accounting operations. Managed diverse fund portfolios including TERF, LTFF, short-term, ERF, lease, and conventional and Islamic running finances, ensuring financial robustness. Oversaw the meticulous preparation of quarterly, half-yearly, and annual statutory accounts, delivering comprehensive monthly financial reports to facilitate informed decision-making. Conducted thorough reviews of monthly cost estimates, inventory valuation, and detailed product and cost analysis, identifying opportunities for optimization and cost reduction. Administered comprehensive reviews of the company's fixed assets portfolio and non-capitalized assets, ensuring meticulous asset management standards were maintained.

Previously, I served as Lead Manager of Internal Audit, Systems, and Compliance at Soorty Enterprises. In this capacity, I headed the department, overseeing and regulating all operations at the head office, which broadly included Formulated and enforced comprehensive corporate policies across all operational areas, ensuring adherence to best practices and regulatory requirements. Guaranteed compliance with all applicable laws, including corporate, tax, and trade regulations, through meticulous monitoring and enforcement. Executed in-depth operational audits of export and import businesses, identifying areas for improvement and ensuring strict compliance. Directed operational audits of administration and human resources, optimizing operational efficiency and policy adherence. Championed key recommendations from audit committee and board meetings, driving strategic implementation

With over six years at Deloitte Pakistan, I bring robust expertise in Audit and Assurance across sectors including Textile, Pharmaceutical, Financial, Manufacturing (including FMCG), Services, and Non-Profit. My roles in both Karachi and Khobar offices have enriched my understanding of global business intricacies within these diverse sectors. Deloitte's global stature in audit, financial advisory, and taxation services underscores the breadth of my professional exposure across varied industries. Following assigned task are the brief snapshot of my achievement: Demonstrated adept leadership as Assistant Manager Audit, guiding large teams through all phases of audits in alignment with International Standards on Auditing. Ensured compliance with International Financial Reporting Standards (IFRS) and local regulations through meticulous preparation of financial statements. Streamlined communication by reviewing and refining financial reporting packages for group auditors and foreign investors, ensuring clarity and transparency. Conducted thorough business and audit risk assessments, informing strategic decision-making processes and mitigating potential risks. Successfully managed engagements, surpassing client expectations while maintaining a focus on budget adherence and timely completion. Developed robust audit strategies, collaborating with legal, tax, and technology professionals to address significant matters effectively. Provided expert advisory services to clients on taxation, foreign currency remittances, and compliance with corporate laws, contributing to client satisfaction and trust. Developed a comprehensive understanding of competitive and regulatory landscapes across diverse industries, coupled with expertise in enhancing accounting and internal control systems within organizations.