Hassan Taqi

At the end of 2023, Group went to a restructuring and Title changed to Group Head, Finance, Accounts and Audits.

PayTabs is an award-winning payments solutions powerhouse provide seamless B2B ecommerce solutions to SME’s. PayTabs become an early starter in the space termed “fintech” and over period has in-built and exported a full stack of game changing solutions to interlink the multi-billion-dollar enterprise market chain in the EMEA region. Working as a strategic business partner with key management and board, leading all financial discussions and providing financial information, analytics, and scenario analysis to management for their discussion, evaluation and decision making. As head of Finance department, successfully developed and implemented a reliable, and effective financial reporting system and KPIs review, that provides stakeholders with relevant financial information for the business review, assessment, and decision-making. Strengthen the budgeting & forecasting process for efficient monitoring, and reporting linked with business plans & strategies, focusing on business growth as per management vision and objectives. Effective Treasury management and cash flow planning for short term and long-term scenario. Strong relationship management with key business partners including bankers, auditors, consultants, and other business allies. Business performance assessment as per cost and revenue by identifying loss making portfolio, their restructuring and making them profitable, shorten the debtor recovery days and improve business yield.

Currently I am part of VISA Inc. a global payments technology company and working in their CEMEA Hub office Dubai and reporting to CEMEA Corporate Controller. JANUARY 2019 TO DATE Heading CEMEA Shared Service as Accounts Payable head. I am managing Invoice processing, Payment Process, Supplier Setup, Employee Card program, T&E Audit function and month end close procedures for the CEMEA cluster. Within short span of time I have worked on process improvement and simplification. I strengthen the controls over Corporate Card Program Process, simplified Invoice approval process, strengthen AP aging and reconciliation review. Empowering team to take more risk base approach and growing in their functions to take more managerial level decisions.

I was Controller for MENA and CEMEA hub regions where I was responsible for overall control environment, accounts and financial reporting. My key achievements and responsibilities were as under; • Establish CEMEA shared Services Centre and transition activities from US and Singapore Hubs to Dubai. • Played a vital role in MENA Controls Enhancement and Process Improvement program, which involve reviewing effectiveness of financial, operational, and organizational controls and implementation of mitigating processes where required. After this exercise, controls were accessed as effective by Internal Audit. • Headed CEMEA Shared Service GL team, where responsibilities includes to ensure strong controls over financial accounting, reporting and that organizational accounting policies and procedures are well understood and complied. To ensure financial statements are prepared timely and accurately in accordance with US and local GAAPs. Guide the regional offices and to make sure uniformity in across CEMEA region. Internal Audit accessed operations of CEMEA Controllership function and considered it as ‘Successful’ • Headed Operation Support function, monitoring end to end p2p process, ensuring adherence to all applicable Visa policies and procedures. Provide oversight on internal controls for business and operational transactions. Partnering with various functions to reinforce policies and procedures and to ensure prompt remediation actions were taken to prevent reoccurrence. Achieve two successful Internal Audit results as MENA region’s control environment was accessed as ‘Effective’. • Act as an advisor to business in terms of Visa’s policies, procedures and best practices • Assist CEMEA Controller in different initiatives.

MCB Leasing Azerbaijan is a subsidiary of MCB Bank Ltd (Pakistan) established in 2010 as a closed joint stock company and primarily engaged in finance leases activities. In a short span time MCB Leasing has achieved a very high reputation as a one of leading Leasing Company of Azerbaijan. I was responsible for development of initial project feasibility and business plan and after formation of company I established control environment, policies, procedures and internal controls for business operations as well as financial activities. As a Finance head I am responsible for Managing Strategic Financial Affairs of the Company, Banks dealing, Borrowings, Negotiations & Management, Financial Analysis and Investments Decision Making, Portfolio monitoring, Project/ Product Appraisal, Budgeting/ Funds Management, Managing Books of Accounts & Preparation of Financial Statements and management reports, development of financial controls policies and procedures and Implementation of Integrated Financial System. As Management Board member my responsibilities are to implement all applicable controls and procedure to run business smoothly and attain the Boards objective.

MCB is reputed as one of the soundest financial institution and as one of the leading banks in Pakistan with a deposit base of USD $6.4 bln (apprx.) and total assets of $ USD $ 8.1 bln (apprx.). The bank is versed as most responsible banks in Pakistan and has played pivotal role in representing the country on global platforms while being one of the few institutions that are recognised and traded in the international market. During the last fifteen years, the Bank has concentrated on growth through improving service quality, investment in technology and people, utilizing its extensive branch network i.e. more than 1,200, developing a large and stable deposit base. I worked in MCB Bank under the following roles and responsibilities: Operation Department, as General Manager Internal Control Division where my area of responsibilities were to: • assess bank wide processes to identify material Operational, Credit and Financial risk effecting bank’s business and control environment and to suggest recommendations and ensuring their immediate resolution • have a close coordination with critical business unit like Treasury, Capital Market, Consumer and Cash Management business in resolving control issues and developing system/process enhancement and to assist them in implementation core banking system • have coordination with different business group for implementation and updating of COSO framework • conduct reviews of new processes/ products to identify controls and process risk and recommend the mitigated controls and processes

Internal Audit Department, as Manager Basel Audit Division, where my responsibilities were to review controls and procedure for new Basel Accord and validation of resultant capital charges on the basis of bank’s Credit, Market and Operation risk exposure and modification of processes and controls if required to attain the required results. As Senior Manager in Management Audit Division, where my responsibilities were: • to conduct management audits of bank’s profit and cost centers • to conduct testing of both transactions and the function of specific internal control procedures and test the reliability and timeliness of the regulatory/management reports • Identifying high risk areas, advising management on weakness in controls and potential for introducing any mitigating procedure/controls to make the risk at acceptable level. • I was actively involved in bank’s controls documentation, identification of process, controls gapes and suggesting the mitigating controls in reference to compliance with COSO requirements.

DWP Group is a leading provider of products, service and solutions in the field of Consumer Electronics & Technology. They are giving Integrated Professional solutions, Network Management and Monitoring solutions, Bandwidth optimization solutions and printing and finishing solutions to its wide range of customer and providing services through 6 different segments. As a Manager Financial operation I was reporting to the Group CFO & COO, I was directly responsible for • management & ensuring effectiveness of controls, • planning and implementation of business projects of each business management, • controlling working capital requirement for each business segment, • supply chain management through efficient monitoring of inventory levels, defining optimum reorder levels, planning of operation activities, forecasting, budgeting and controlling procurement, • accurate and complete financial records and management reporting, • up-gradation of controls and MIS, and to ensure smooth financial operations of all business units / regional offices • implementation of integrated ERP system in different business segments

Haidri Group was an emerging group in the construction sector and had a prospective plan to install cement industry and to manage construction activities under a Modaraba company. As a CFO of construction wing, I was responsible for project appraisals, cash flow management, financial planning and analysis, Budgeting, management reporting and maintenance of financial records, coordination with external audit and income tax authorities. For the cement project I was involved in preparation of financial and operational feasibility, liaison with government agencies in obtaining land lease license, negotiation with international plant supplier and formation of capital structure for cement project. In capacity of Company Secretary had an active liaison with Security & Exchange Commission of Pakistan and Religious Board to complete Modaraba formation formalities and to ensure compliance with legislation

Responsible for the provision of ISA audit services and financial consulting services as well as running the day-to-day operations of the office.

Completed Articles under by-laws of Institute of Chartered Accountants of Pakistan and worked as Manager Business Assurance Services.

4 months certificate