Fayyaz Muhammad

CURRICULUM VITAE PERSONAL INFORMATION Name: FAYYAZ MUHAMMAD (ACA) Gender: Male Email address:-Nationality: Pakistani Contact No. : - Skype: fayyaz.muhammad.kpmg Age: 32 years Marital status: Married Address: House # 105B, Street # 5B, Kohistan Enclave, Wah Cantt, Pakistan. SUMMARY PROFILE ➢ A qualified Chartered Accountant by profession with a diversified experience of the industry especially the Power Sector. Overall nine (09) years of experience with key focus on handling all the functions of accounts and finance department, preparing and auditing the financial statements in accordance with International Financial Reporting Standards (IFRS), compliance with corporate laws and tax laws. ➢ Comprehensive experience of corporate finance function of the Company including contractual compliances of concession documents, financing documents, other project agreements, project costing, tariff calculations, taxation and corporate treasury matters and project lenders relations. Additionally, full understanding of project development process including financial modelling and commercial risk analysis of the business. ➢ Leading the project development team from the front, self-motivated, proactive problem resolution approach with strong organizational and interpersonal skills. Liaison with governmental officials, regulators and other public sector entities for project development activities and keeping them abreast with latest progress. ➢ Currently working as Manager Project Development in a large hydro power generation project having installed capacity of 700.7MW. EDUCATION ➢ Professional I possess one of the most prestigious qualifications in Pakistan being an Associate Chartered Accountant (ACA) from Institute of Chartered Accountants of Pakistan (ICAP)- Qualified in June 2015. ➢ Academic Year Qualification Grade Institute 2006 Intermediate – Pre-Medical A Federal Board of Intermediate & Secondary Education. 2004 Matriculation- Science A Federal Board of Intermediate & Secondary Education. KEY SKILLS • Excellent written and verbal communications. Deals with internal and external stakeholders at all levels through telephone and emails to ensure successful communication via actively listening and probing questions. Flexible worker, capable of taking on most practical tasks. • Possess fundamental accounting, taxation, auditing and IT knowledge with excellent skills in Microsoft Excel, Microsoft Word and other applications. Page 1 • Resolves in-depth queries in a methodical manner independently and in consultation with experts to find appropriate resolutions, efficiencies and high level of quality. • Enjoys sharing knowledge and encouraging development of others to achieve specific team goals. • Leadership skills involving managing, motivating and developing teams to achieve company objectives effectively and efficiently. Capable of handling pressures and time constraints. WORK EXPERIENCE ➢ AZAD PATTAN POWER PRIVATE LIMITED - a subsidiary of Power Universal Ltd owned by China Gezhouba Group Company Ltd. From 8th August 2016 to Present: Azad Pattan Power (Pvt) Ltd is a subsidiary of Power Universal Ltd which is owned by China Gezhouba Group Company Ltd and is a special purpose Company set up to design, constructs, own, operates and maintain 700.7MW hydropower project under Government of Pakistan’s Policy for Power Generation Projects 2002 on River Jehlum. I am currently working as Manager Project Development and my key responsibilities under the said role includes but not limited to: • Manage and oversee financial, accounting and business planning activities: strategy, targets, planning, budgets, monitoring, controls, management and reporting, including management and development of policies, systems, processes and personnel involved. • Maintain and periodically update the Project Financial Model, monitor financial progress on contracts awarded and supervise management reports including projected cash flows for committed capex relating to the Project. • Preparation and monitoring of the Project Cost Statements as per tariff application on monthly and need basis and ensuring the correct allocation and classification in the project cost heads under the Power Purchase Agreement (PPA). • Preparation of monthly and quarterly progress reports for submission to the relevant governmental entities. • Arranging Project finance facilities and relationships with the Project Lenders and their advisors. • Advise the management on commercial aspects of the project agreement and ensure compliance with commercial and legal aspects of Concession Documents and EPC Contract. • Strategy formulation, development and Implementation of plans for operational management to successfully complete the assigned work efficiently and effectively without compromising the quality performance. Developing and providing regular forecasts to ensure the performance is tracked accordingly. Monitoring operating costs by maintaining and implementing adequate controls. • Manage and oversee procurement process, purchasing policy and control. Corporate level negotiations and supplier contracts. Oversee legal affairs, approvals and accreditations from regulatory bodies, government relations. • Developing systems, review objectives, review techniques and reporting formats for the internal control, audit and compliance functions. Review business plans, programs and results of the operations to ensure the consistency with enunciated corporate objectives and targets. ➢ MIRA POWER LIMITED - a subsidiary of Korea South East Power Co., Ltd. From 25th March 2013 to 05 August 2016: Mira Power Limited is a subsidiary of Korea South East Power Co., Ltd and a special purpose Company set up to design, constructs, own, operates and maintain 102MW Gulpur hydro power plant under Government of Pakistan’s Policy for Power Generation Projects 2002 as adopted in Azad Jammu & Kashmir. I worked as an Assistant Manager Finance and Accounts and my key responsibilities under the said role includes but not limited to: • Preparation of monthly, quarterly, semi-annually and annual Financial Statements of the Company in accordance with International Financial Reporting Standards (IFRS) and ensuring timely preparation and presentation of financial statements. Quarterly reporting of financial package to parent company and Page 2 correspondence with parent company finance team. Conducting the annual audit of the company and obtaining other required certifications. • Preparation of monthly financial statements for Provident and Gratuity Funds of the Company. Handling and monitoring the final adjustments of leaving employees. Correspondence with the auditors for their annual audit. Filling of the annual tax returns and monthly tax statements. • Ensure timely submissions of all the tax payments and handling all the tax matters of the Company including monthly and annual tax filings and other matters in consultation with the tax advisor. • Annual budget preparation and allocation of budget to daily expenses. Preparation of monthly and annual budget utilization reports for presenting to board of directors of the Company. • Management of the Company’s monthly payroll functions and verifying the tax to be deducted from the salary at the time of payment. Key responsibilities to assist Company Secretary include; • To ensure the compliance of the provisions of Companies Ordinance 1984, rules made thereunder and other statutes and bye-laws ensuring that Company is conducting its business in accordance with its objects as contained in the memorandum of association. • Issuance of notices to the members along with the agenda for holding board meetings, annual general meetings and extra ordinary general meetings in accordance with the Companies Ordinance 1984 and preparation of the minutes of the meetings. • Carry out all the matters concerned with the allotment of shares and issuance of share certificates including maintenance of statutory share register along with the necessary statutory fillings connected with shares issuance and transfers. • Filling of the properly filled various documents / returns with the registrar and SECP in accordance with the Ordinance and handling all the other matters relating to SECP & FBR. ➢ KPMG TASEER HADI & CO. Chartered Accountants - Islamabad Office a member firm of KPMG International – From May 2009 to November 2012. I worked as “Senior Auditor” in Audit and Assurance department of the firm. Over the tenure of three and a half (3.5) years with KPMG, I have been involved in conducting statutory audits of different companies, providing consultancy services, managing and handling the finance function of a multinational Oil and Gas company. Further my roles and responsibilities include: • Planning and execution of audit engagements as per the requirement of International Standards on Auditing (ISA), International Financial Reporting Standards (IFRS), Corporate laws, KPMG Audit Methodology, directives of the regulatory authorities and other SEC requirements as applicable in Pakistan. • Preparation of audit plans and ensuring the timely implementation. Conducting business and risk assessment through client meetings, research and analysis and cumulative audit knowledge. • Liaison with clients and co-coordinating with various professionals like bankers, internal auditors, independent valuators, lawyers, actuaries and other specialist to conduct the audit engagement in a timely manner. Providing consultancy services by highlighting internal control weaknesses in operations and suggesting improvements. • Planning and allocating resources to meet the audit objectives and conducting the audit in an efficient and effective manner. Direction, supervision and review of audit team members. • Preparation of audit reports and reporting directly to the senior managers and Partners including interim and final issues memorandum. I was also given the opportunity to serve in KPMG AFGHANISTAN LIMITED (Kabul Office) & KPMG LOWER GULF (Dubai Office) on secondments on three (3) months. I successfully supervised the audit of Kabul’s largest hospital for children, other individual grant audits, audit for services management industry and an international magazine during such period. Page 3 COMPUTER KNOWLEDGE & IT PROFICIENCEY • Proficiency in Microsoft Office as a tool for preparation of reports, presentations, working papers and general correspondence with senior management. • Completed 90 hours course of Computer Practical Training (CPT). • User-level knowledge of SAP, Oracle Financials, Quick Books and General Ledger Modules SUN accounting system and Sidat Hyder Financials. PROFESSIONAL DEVELOPMENTS • Risk management and Independence trainings organized by KPMG. • KPMG Audit Manual (KAM) & Global working papers. • Data privacy trainings organized by KPMG. • Ethics and social responsibilities. • E-Audit trainings organized by KPMG. • Continuing Professional Development trainings organized by ICAP. LANGUAGES I have both verbal and written fluency in the following languages: • English • Urdu • Pashto REFERENCES • Available upon demand. Page 4