This document summarizes the experience and qualifications of Wasim Ahmad Malik for a senior professional finance role. He has over 20 years of experience in finance leadership positions within the building materials industry in Pakistan and Saudi Arabia. His experience includes financial planning and analysis, budgeting, taxation, process improvement, cost reduction initiatives, and systems implementation. He has a proven track record of accelerating revenue growth and profitability through strategic financial operations.
1. SENIOR PROFESSIONAL - FINANCE
Building Presence | Driving Profit
Visionary Leadership | Financial Analysis | Process Improvement | Cost Control | Infrastructure Improvements
Tax Planning and Compliance | Company’s Policies and Procedures formation | Strategic Planning & Budgeting
Management Consultancy | Process Analysis | Change Management | Executive Presentation | Business Expansions
Wasim Ahmad Malik
M: +971 55 267 1055 E: wasimmalik.1975@gmail.com
DRIVING PROFITABLE BUSINESS GROWTH, IMPROVEMENT AND SUSTAINABLE CHANGE
Executive Profile
A Progressive Financial strategist and trusted advisor with rapid career progression and record of over two decade
of experience, including 2 years in KSA, as Senior Finance Executive within Building Material industry. Talented
and inventive professional with a proven track record of accelerating revenue growth through strategic and tactical
development of structural financial operations to drive business growth and market development fostering
performance improvement. Manage a multi-million budgets and allocating resources to exceed Profit and revenue
goals. Particularly adept at streamlining, recognizing and leading large, staff productivity. Design and implement
policies and process map by restructuring the processes. Restructures financial operations to ensure legal,
regulatory, and tax compliance.
Key Proficiencies
Selected Accomplishments
Drive successful process improvement and new controls that eliminated deficiencies leading to successful
Financial Operations
Initiated saving in excess of USD 0.215 million in SGA cost in 2014 by playing key role in team that, in liaison
with vendors, implemented new policies to optimize HR, Admin & marketing cost at Lafarge Pakistan
Streamlined department processes and procedures to determine optimum staffing levels and instituted metrics
to document cost savings
Reviewed land documents and updated all land records, land reforms and liaison with land revenue department
for land demarcation in 2012 at Lafarge Pakistan. Implementation of Legal Control System in 2013
Strong operational process improvement background through effective cost reduction, tactical planning
ensuring profit growth strategy
Received several recognitions such as Most Diligent Award from Lafarge Pakistan Cement in 2006, Safety
champion for Head Office and Regional Offices from 2013 to 2015 at Lafarge Pakistan
Awarded Star of the Month certificate for handling and settling mining case that initiated saving of USD 2.10
million and for completion of Sales Office renovation and shifting in a record time
Reviewed accounting system of Lafarge Iraq and reported the areas to improve efficiency through ERP system
and controls in 2010. Improved Financial Reporting Time (D+3) in 2009
Designed and implemented complete Financial System in 2004 at Askari Cement and in 2002 at Askari Cement
Education Trust. Implementation of Oracle Financials System 11i in 2005-06 at Lafarge Pakistan
Performed Feasibility study of WHR and CPP for power generation up to 25MWh from third party contract,
review with group power team for their approval, liaison with legal advisors for contract preparation, key
member for review and finalization of contract 2011 to 2013 at Lafarge Pakistan
Designed and successfully Implemented Strategic Business Plans and incorporated work plans with objectives
& KPIs to support performance management.
Career Progression
Financial Controller Jul 2014 – Jul 2015
18 direct reports | Provide Financial solutions through Financial planning and analysis
Lafarge Pakistan, Islamabad, Pakistan
Spearhead and manage the strategy and drive the delivery of daily operations related to Company development
and teams’ enhancement. Designed & implemented systems, policies & procedures to facilitate Financials controls
and revamped internal procedures with regard to work-flow and communications
2. Monitored financial performance by measuring and analyzing results,
initiating corrective actions and minimizing the impact of variances
Analyzed and understood pain points and key drivers while providing
financial foresights in assisting the senior management team in
decision making and risk taking to further grow the company
Worked closely with CFO, CEO, and Group control & consolidation
team for financial matters concerning operations pertaining to
business strategy, performance management, budgeting, forecasting,
cash management and sales analysis
Established financial operational strategies by evaluating trends;
establishing critical measurements; determining productivity and
customer-service strategies and designing systems
Provided support for funding activities, banking-negotiating and managing lines of credit, managing
relationships and reviewing / negotiating insurance policies
Coordinated with internal and external auditors during annual audit and reviews. Supported process with
company documents and internal control checklist
Co-defined the short term and long term strategies while monitoring the implementation progress
Budgeting and Taxation Manager Aug 2013 – Jul 2014
Lafarge Pakistan, Islamabad, Pakistan
Reporting to CFO, recruited to perform financial and operational analysis: monitor and evaluate business
performance and evaluate financial consequences of business decisions.
Spearheaded yearly budget exercise, its implementation and control, forecasting, monitoring SWCR, monthly
analysis and revamped strategies for any deviation in plan
Oversaw the preparation, completion, review and submission of income tax, and Withholding tax returns
within the filing deadlines and in compliance with the local tax law
Managed tax audits and coordinated appeals ensuring all data is compiled to support tax positions taken
Performed planning / forecasting, contributed to financial performance target setting, budgeting and simulated
business drivers and cost benefit analysis
Led and monitored Extra mile and Excellence program, a group tool to improve operational EBITDA from new
business initiatives and improvement in operational KPIs over last period
Responsible for monthly analysis and Group reporting with commentary and additional disclosures for
reporting package and in HFM consolidation module
Previously held positions
Company Secretary, Legal & Taxation Manager, Lafarge Pakistan, Islamabad, Pakistan Apr 2012 – Aug 2013
Accounting & Taxation Manager, Lafarge Pakistan, Islamabad, Pakistan Jul 2005 – Apr 2012
Senior Officer Finance, Askari Cement, Rawalpindi, Pakistan Feb 1999 – Jul 2005
Accountant, Vinnell Arabia, Riyadh, Saudi Arabia Jul 1996 – Jun 1998
Accountant, Rhone-Poulenc Rorer Pakistan, Rawalpindi, Pakistan Feb 1994 – Mar 1996
TRANING AND DEVELOPMENT
International Financial Reporting Standards (IFRS),
Khalid Majid Rehman Chartered Accountants
11i General Ledger Management Fundamentals,
Oracle University Pakistan
Hyperion Financial Module (HFM),
OCII Egypt
Management Development Program
“NAVITUS” Pakistan
The Seven Habits of Highly Effective People
“FranklinCouvy” Pakistan
Consolidation and Group Reporting,
Lafarge France
EDUCATION AND CREDENTIALS
Masters (EMBA), Business Administration (Accounting & Finance) 2008
Preston University, Pakistan
Bachelors, Commerce 1994
University of the Punjab, Pakistan
Snapshots of Highlighted
Success
Played key role on team for
reduction of fuel cost, that
initiated saving of USD 5.30
million in 2014 by substitution
of low price fuel
Acted as Management
representative (Finance) for
due-diligence of Lafarge
divestment