Qazi Muhammad Salahuddin
Contact No--Career Profile
A finance professional with 28 years of diverse and progressive experience in Financial Reporting, budgeting,
treasury Management, business process control (internal audit) and compliance function, zakat and taxation
of local Saudi FMCG and MNC pharmaceutical companies. Decisive, determined and clear-thinking, lead
and motivate by example. Keen to gain broader experience and is seeking a fresh challenge to lead a
Finance Team of a dynamic Organization.
Personal Details
Nationality, Pakistani
Resident in KSA
Married
Dammam
Current location
Professional and academic qualification
❖ Master in Business Administration -2008
(Finance and Accounting)
Preston University Karachi
❖ MA Economics -2007
Karachi University
❖ Member Institute Of Financial Consultant Canada-2002
❖ CA (Intermediate)-1995
Institute Of Chartered Accountant of Pakistan
❖ Bachelors in Commerce, B. Com-1989
(Accounting, Auditing and Economics)
Karachi University
ERP Skills
Languages
Career History
SAP and Microsoft Dynamics AX 2012
English: Professional, Arabic: Conversational
Company
Food Resource and
Development CompanyFRD-KSA
(Turnover $ 5 million,
250 employees)
Balsharaf Group-KSA
(turnover $290 mio, 800
employees)
Period
Jan 2022-Jan 2024
Position
Finance Manager
CEO
2016 to 2021
Novartis PharmaceuticalsKSA
(turnover $ 240 mio, 300
employees)
Business
Food and beverage
Shared Service Group
Finance Manager
Group CFO
FMCG
2013 to 2015
Manager Fin Ops
Head Finops
Pharmaceutical and
distribution business,
locally limited Company
2012
Manager BPC (Internal
Audit)
Local Compliance Officer
CFO
2011 since June
Curriculum Vitae
Qazi M Salahuddin
Reporting to
Compliance Board(CFO
and CEO)
Page 1 of 4
2009 to 2011
Accounting Manager
CFO
Scientific office
operations
2008
Senior Manager Treasury
CFO
Public Limited Company
Syngenta Pakistan Limited
2001 to- to 2000
Manager Treasury
Assistant Manager
Treasury
Head of Treasury
Head of Treasury
Ciba-Geigy Pakistan
1994 to 1996
Assistant Manager
Accounts
Controller Finance
KPMG Pakistan
1990 to 1993
Audit Trainee
Novartis Pharma
Services-Scientific Office
Riyadh KSA
Novartis
Pakistan(turnover $100
mio, 700 employees)
Current
Responsibilities
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Financial Reporting
Business Planning and Financial performance review
Liquidity Management
Group Tax responsible (VAT, withholding and Excise)
Process review and Implementation of SOPs and workflows
➢ External audit arrangement and smooth finalization.
Achievements
Current
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VAT implementation
Automation of local and international payment processes with ERP.
Smooth monthly reporting.
Cash flow modeling
Clarity in business process and cross-functional engagement
SOP implementation and process compliance
Key Expertise
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Consolidation of group entities
Local Saudi Taxation
Treasury Management
Internal audit (Business Process control)
Product costing- Ice cream factory
Shared Services Management
Consolidation of Group Entities
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Monthly reconciliation of related parties
Knock off inter-company sales and purchases
➢ Conversion of foreign-related parties in periodic reporting.
Curriculum Vitae
Qazi M Salahuddin
Page 2 of 4
Pesticide and agro
business, public limited
Company
Pesticide, agro and
pharma business, public
limited Company
Among the big 4 CA firms
Local Saudi Taxation
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VAT return filing in ZATCA
Withholding Tax return filing in ZATCA
Excise Tax computation accuracy check at the stock clearance stage from Saudi custom
Co-ordinate Zakat assessment and appeal procedures with ZATCA
Treasury Management
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Preparation of annual cash/liquidity budget and monthly update of liquidity forecast.
Maintaining overdraft and liquid funds at best money market rates and renegotiating these accordingly
And allocation of international business to bank i.e. import business
➢ Arrangement of local and offshore loans and accordingly update the local statutory and taxation
implications.
➢ Review all corporate banking agreements. These agreements include financial arrangements, cash
management systems and other merchant and consumer banking affairs.
➢ Maintenance of adequate control environment in the Treasury functions through regular
transaction review in bank reconciliations etc.
➢ Maintaining overdraft and liquid funds at best money market rates and allocation of international
banking business
Internal Audit (Business Process Control)
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Assessment of the overall business control environment to safeguard corporate assets and report to
the internal audit committee.
Develop an overall corporate process control culture and persuade whistle-blowers to report
directly to the internal audit committee for their respective business areas for further
enhancementof existing internal controls which are in place.
Develop an ownership culture of self-monitoring of internal controls at each business area level
viastandard periodic reporting.
Update the internal audit process as per updates of market practices and Institute of Internal
Auditor guidelines accordingly.
Implementation of Policies and standard operating procedures (SOP), for all business functions;
Finance, Human resources, Information technology, Procurement, Marketing and Sales and
SupplyChain, including plant and warehouses.
Identification of internal controls, their existence, appropriateness, completeness
andperformance review periodically.
Identification of critical financial transaction codes in ERP and periodic review accordingly.
Regular physical inventory verification and fixed assets inventory as per corporate policies.
Regular balance confirmation and reconciliations of debtors, creditors, other receivables and
payables based on internal policies, appearing in the financials and periodic reconciliation
withsubsidiary ledgers accordingly.
Periodic bank reconciliations, access approvals, review of bulk upload transactions and
periodic tracking accordingly.
Curriculum Vitae
Qazi M Salahuddin
Page 3 of 4
Product Costing-Ice Cream Factory
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Ensuring correct BOM (Bill of material) in the system for all SKUs.
Review all transactions on proposed addition and major maintenance in plant and
machinery, head count and utilities cost.
Ensure accurate costing of all SKUs in the system
SKU-wise review and analysis of profitability on a monthly, quarterly and annual basis
versus plan and previous years.
Shared Services Management- Group Companies and Business Units
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Annual update of SLA (Service Level Agreements) for group companies and Business units
for shared services of HR, IT, Finance and Logistics.
Review monthly shared services invoices as per SLA.
RP (related parties) reconciliations
Monthly reconciliation of share services cost
I normally write articles in Quora spaces, on economic and social issues.
https://www.quora.com/profile/Muhammad-Salahuddin-Qazi
References
➢ https://sa.linkedin.com/pub/salahuddin-qazi-muhammad
Curriculum Vitae
Qazi M Salahuddin
Page 4 of 4
