Mudassar Ali Khan

Strategy & Planning Contribute to the development and refinement of the vision and long-term strategy for EEC, and contribute to the overall process of governance, management and decision making to ensure maximization of return to EEC. Ensure the general department’s long and short-term plans are effectively converted into the acceptable performance objectives in line with established service levels. Cost Optimization Identify & suggest areas of cost optimization within each process / activity / department. Suggest to improve process efficiencies. Data-Driven Decision-Making Manage the deployment and management of data analytics tools and systems to enhance operational effectiveness and strategic decision-making. Perform detailed data analyses to uncover insights that inform strategic decisions and help predict outcomes for various business scenarios. Change management Manage the execution of change processes within the department, coordinating with teams to ensure smooth transitions and minimal disruption. Track the effectiveness of implemented changes, gathering feedback and data to support ongoing improvement efforts. Strategic Guidance and Decision Support Provide strategic insights and recommendations on a wide range of issues affecting the organization, ensuring that the CEO has all necessary information to make informed decisions. Analyze complex data and reports, synthesizing information from various sources to develop clear, actionable strategies that support the organization’s objectives. Research and Policy Analysis Conduct in-depth research and analysis on industry trends, policy developments, and competitive dynamics to inform strategic planning and decision-making. Prepare briefings, presentations, and reports for the CEO on critical issues, providing insights and recommendations based on the latest research and analysis.

 Leading the Financial Planning & Analysis team managing Budgeting & Reporting Process and Financial Feasibilities and Investment Analysis Process.  Leading the largest ever Capital Optimization Plan for the organization ensuring the strategic objectives of the project are in line with long term strategic goals set out by the Board of Directors. Annual Budgeting Process  Setting out the Budgeting & Reporting process objectives which are cascaded down to the teams  Reviewing and ensuring the consolidated budget is prepared in accordance with objectives defined by BOD and is in line with long term strategy of the company  Developing the Budget presentation and assisting CFO for presentation in BOD / EXCOM (board committees) for approval of the annual budget.

Budgeting  Leading the team into developing the broad functional budget and ensure that the Group’s vision, mission and strategy is cascaded down to the businesses to ensure vertical alignment and horizontal integration of all functional strategies across KAEC  Ensure that businesses strategic plans are implemented, which are aligned with the vision and mission of KAEC  Effectively executed strategic plans within the businesses, aligning them with the overarching long term strategy of the Company.  Teaming up with CFO for presentation to EXCOM / BOD Financial Reporting  Leading the team for preparation of high-quality monthly management reports within established deadlines ensuring the results driven analysis of actual results with budgets and prior years in order to help Executive Management for critical decision making.  Developed comprehensive financial presentations for Board and Executive Committee (EXCOM) meetings, effectively communicating key financial information and insights.  Delivered financial analysis to the management, enabling informed decision-making and driving strategic initiatives. Investment Appraisal  Leading the team for Investment Appraisals and preparation of feasibilities for real estate projects and other business functions.  Establishing decision tree for investment appraisal and feasibility for screening of projects/ investments  Ensuring that investment appraisal process filter the projects matching the company’s investment profile and generate positive value for the company and shareholder’s wealth.

Budgeting  Assist the head of Budgeting & Reporting in developing the plan for Annual Budgeting process in line with Organization’s Vision, Mission and Long Term Strategy.  Assist in set up Hyperion for Annual Budgeting process. Develop Hyperion forms for data input,  Preparation of Hyperion / Budgeting training materials for Business Users  Gather information, challenge BU’s assumptions, review, validate and finalize Company-wide annual Budget. Financial Reporting  Preparation of high-quality monthly management reports ensuring the results driven analysis of actual results with budgets and prior years in order to help Executive Management for critical decision making.  Developed comprehensive financial presentations for Board and Executive Committee (EXCOM) meetings, effectively communicating key financial information and insights. Budget Controlling  Implemented effective budget control measures by establishing OPEX/CAPEX controls, conducting regular half-yearly budget reviews and forecasts, and maintaining well-structured cost centers in Oracle and Hyperion. This streamlined budgeting and reporting, ensuring alignment with organizational changes.  Managed the maintenance of budget information in the budgeting tool (Hyperion) and Oracle, ensuring accurate and up-to-date budget data for effective financial management and decision-making processes.  Effectively managed the maintenance of budget information in both the budgeting tool (Hyperion) and Oracle, ensuring the accuracy and integrity of budget data for efficient financial planning and analysis processes.  Monitored yearly revenue/profit targets, comparing them with actual performance, and effectively controlled OPEX and CAPEX budgets through Oracle ERP. Provided valuable support to Business Units/Departments, addressing budget-related issues and ensuring alignment between budget and actual figures.

• Budget preparation, • Identifying / conceptualizing & proposing projects to be taken on Public Private Partnerships (PPP) mode, • Preparing financial models for proposed PPP Projects. • Preparing pre-feasibility studies of the proposed PPP Projects • Presenting proposed PPP Projects in PPP Steering Committee headed by Senior Government Minister • Identifying Key Risk Factors of the project and assessing impact on cash flows and suggesting remedies. • Projecting Cashflows of the projects taking into account financial & economic assumptions • Conducting Sensitivity Analysis • Hiring Transaction Advisors for preparation of Feasibility Studies and completing approval process from PPP Steering Committee, Provincial Development Working Party PDWP etc. • Project Management • Managing between the concession agreement parties (Concessionaire, Banks, Legal Advisors, Engineering & Auditor) • Identifying and Managing the Project Milestones (Financial Close, Construction Commencement) • Identifying hindrances in achieving the project milestones and identifying / implementing Remedial Actions • Coordinating with various Government Departments for completion of the project Liaison with Government Departments (P&D, Finance) for release of budgets • Managing Cash flows • Managing Payments to Transaction Advisors & Contractors based on project milestones • Preparing & Managing Transaction Advisor Contracts • Recruitment of Staff

Preparation of yearly Audit Plans in coordination with the Head of Internal Audit Ensured that the planned audits are completed when expected. Proactive in resolving planning conflicts, delays or ad hoc requests during the year, in coordination with the Head of Internal Audit. Prepared the scopes of assignments & respective audit procedures. Allocate resources & assign tasks to the Team Leaders for the engagement and monitoring the tasks till their completion. Supervised the Audit Engagements in identifying, probing and documenting the audit issues and recommending for improvement. Conduct the Exit Meetings with the Auditees. Reviewed the Draft Audit Reports & the Auditees Rectification Remarks and Analyze Evidences, while going through the working papers to ensure the completeness, accuracy and validity of audit findings and recommendations. Finalize the Auditees Ratings awarded by the Audit Teams in view of their Audit Reports. Communicate the results of audit reports & inferences via written reports or oral presentations on a timely basis, according to planned reporting schedule or as required by his Line Manager. Keep Line Manager posted about the Audit Assignments vis-à-vis Actual vs Budget Assist Line Manager in hiring, training, and evaluating staff, and taking effective actions to address performance matters. Participate in audit engagements with the other Audit Managers, within the Global internal audit group: collaborate and contribute for the effective realization of the joint audit assignments. Augment & mentor the Team reporting to him, in maintaining a perpetual knowledge base of local issues, topics and relevant information. Pursued professional development opportunities for Team, including external and internal training and professional association memberships.

Worked as Finance Manager (Agro Department - PepsiCo Foods) Monthly financial & inventory reporting of Agro Department Inventory Management Development of AOP/Budgets/Plans Preparation of OCF (Budgeted Operational Cash Flows) Periodic Inventory Reporting and analysis in comparison to AOP Financial Evaluation and Analysis of various business processes Troubleshooting of routine financial operations, inventory management Preparation & financial evaluation of vendor/supplier agreements

• Implementation of Financial Auditing Manual (FAM) designed under International Standards on Auditing and international public sector audit practices • To Assist Director Generals in implementing modern audit techniques and standards and the implementation of audit methodology as adopted by the Office of the Auditor General of Pakistan. • Worked on SAP FI and HR module and assisting Director Generals in applying modern auditing techniques on the reports generated from SAP FI and HR modules • Training to audit staff for the implementation of Audit Methodology of the Department of Auditor General of Pakistan. • Review of work performed by audit staff and audit supervisors

• Supervising audits teams of audits of various organizations in Banking, Non-banking Financial Institutions, Insurance, Manufacturing and Services Sectors. • Specialized in Banking Industry Audits in EY Jeddah Office. Performed audit of the largest bank of Saudi Arabia “The National Commercial Bank” as Audit Supervisor. Leading the team from planning to finalization covering the major divisions of the bank like Credit, Treasury, Brokerage and Investment Services.  Specialized in audit of Treasury Division of the bank including a special review of the valuation of investments in hedge funds (Collateralized Debt Obligations, Collateralized Loan Obligations and Structured Investment Vehicles) exposed to Subprime Mortgage Crisis currently prevailing in US money markets and banks.  Ensured compliance of the financial statements of the bank with International Financial Reporting Standards (IFRS) including the IFRS 7 and IAS 39 disclosure requirements.  Ensured compliance of the financial statements of the bank with BASEL II requirements by reviewing the calculations of risk weighted assets and Capital Adequacy Ratio under BASEL II guidelines.  Independently performed audit of the Brokerage and Investment Services Division of the bank covering all major risk areas. • Supervised & performed several agreed upon procedure assignments which covered the following:  Review of financial statements and underlying records as a result of fraud identified by the management.  Report on application of International Accounting Standard 39 (IAS-39) in relation to de-recognition of financial assets.  Agreed Upon Procedures as prescribed by Saudi Arabian Monetary Agency (SAMA) on financial statements of Insurance companies.  Special purpose financial statements in accordance with management agreement of spinning off bank’s divisions into a new company.  Review of financial statements prepared based on agreement between the parties.

• Supervising audits teams of audits of various organizations in Banking, Non-banking Financial Institutions, Insurance, Manufacturing and Services Sectors. • To perform statutory audits of companies in different industries under supervision of assistant managers and managers • Risk assessment and assessment of system of internal controls • To perform audit of areas such as fixed assets, current assets, current liabilities, long term liabilities, income and expenditure accounts. • To review work of juniors • To perform special assignments other than audit • To review draft financial statements and to ensure compliance with IFRS

Financial Reporting, Financial Management, Audit, Tax

Bachelors of Commerce (B-Com)