1. Muhammad Naeem Shams
ACMA
1
I am a professionallytrained and qualified accountantwith over 15 years of multifaceted professional experience in finance,
accounting and auditing with diversified exposure.
During this time I have acquired skills in all significantareas ofFinance which includes Treasury,Banking,Reporting,Gene ral
Accounting, Product Costing,Corporate,Tax & Payroll, Receivables,Payables, Internal Controls & Procedures and ERP
implementation.
KEY SKILLS
 Banking matters,Tax & Treasury function
 Financial Accounting/Reporting(as per IAS/IFRS),
 Budgeting,Costing & variance analysis
 Strategic Financial Decision Making Specialties:
 ManagementAccounting/Reporting
 Financial Modelling
 Construction Accounting
PROFESSIONAL EXPERIENCE
TuwairqiSteelMillsLimited (a Project of Al-Tuwairqi Holding -Kingdom of Saudi Arabia)
Karachi, Pakistan
Have got an exposure of working at different positions and departments during my10 years association with TSML which are listed
as under;
1. Manager Finance and Commercial (FINANCE DEPT) May 2013 – Till To date
Key Responsibilities:
 Provide timely and accurate reporting and analysis to managementin relation to the business.
 Supervise the accounting department’s dailyactivity and all its functions including accounts payable,accounts receivables,
payroll, general journal entries and financial reporting.
 Review of RFQs, Comparative statements,POs and Contract Documents before finalization.
 Oversee cash flow planning and ensure availabilityof funds.
 Establish and maintain corporate policies related to accounting/financial matters
 Responsible ofthe company’s cash managementincluding internal and external transfers and manage banking facil ities
including letters ofcredit.
 Prepare profitability reports for each project.
 Supervising the payments terms & conditions including Advance payment on signing the contract, payment on material
delivery at SITE, commencementof work, bank guarantee letter, performance bond.
 Work directly with tax experts on all Provincial and Federal tax issues (SST,GST,WHT, FTR,NTR)
 Well aware with FIDIC and PEC laws relating to construction contracts.
 Ensure maintenance ofappropriate internal controls and financial policies and procedures.
 Involved in finalizing insurance arrangement(CAR) with leading local and International Reinsure rs.
 Involved in finalization of Joint Venture agreementwith Korean Partners.
2. Manager InternalAudit (AUDIT DEPT) May 2010 – April 2013
Key Responsibilities:
 Conducting Internal Control evaluation and risk assessmentto identify loopholes and areas requiring managementintervention
to prevent frauds,embezzlements,misappropriations,misuse and wastage and ensuring that objectives of the organization are
achieved economically,efficiently and effectively.
 Reportfindings to the managementand ensure the compliance is made on the recommendations made bythe auditors.
 Pre-auditof the invoices received from contractors and suppliers before its submission to Finance and accounts for payment.
 Pre-auditof the contracts, Purchase order and other documents having financial implications before itis putup for formal
approval from the competentauthority.
PROFILE

2. Muhammad Naeem Shams
ACMA
2
3. Manager Accounts ( ACCOUNTS DEPT) Nov 16, 2005- April 2010
Key Responsibilities:
 Prepare monthlymanagementaccounts in line with group reporting package.
 Assistdepartmentmanagers as needed with projectbudgeting and costanalysis.
 Supervise all accounts payable & payment activities,Review documents received from Internal Audit.
 Processing ofPayments as per agreed timelines.
 Supervise and control the posting of all transactions and bank reconciliations.
 Manage the Intercompanyreconciliations and billing ofinter-companyaccounts.
Naz TextilesMills(Pvt.) Limited
Manager Accounts and Finance Aug 5,2005- Nov 11, 2005
Key Responsibilities:
 Ensured accuracyof all the daily transactions posted in the ERP
 Reconciliation ofBank statements
 Handled all functions ofAccounts Receivable & Payable, including debtors /creditors reconciliation
 Dealing with financial institution regarding obtaining short long-term loan,ERF Part-I and II.
 Discounting ofExport LC’s.
Pakgrease Manufacturing Company Limited (an associated company of Pakistan State Oil -PSO)
Chief Accountant Jan 2005 to Aug-2005
Key Responsibilities:
 Managing and coordinating the financial month end process.
 Preparation of monthlyreporting to the board, CEO and CFO,
 Review of the monthlystatements submitted with sales taxand Excise departments.
 Submission ofreturns with SECP.
 Costing ofthe Products based on fluctuation in prices ofLubricantBase oil (LBO)
 Managing Accounts Receivable by ensuring receipton time by review and analysis ofaging report and investmentanalysis.
DeugroPakistan (Pvt.) Ltd
(A leading provider of international freight forwarding services, having its offices in more than 20 countries and Head office in Germany)
Finance Manager and Company Secretary Aug-2000 – Dec-2004
Key Responsibilities:
 Supervision ofall accounting and financial reporting functions ofgroup companies.
 Preparation of monthlyreporting for the local managementas well as for Group CFO in Germany.
 Filing of Statutory returns with SECP.
 Intercompanyreconciliation ofaccountbalances.
 Liaison with External Auditors, Tax authorities,SECP,EOBI, SESSI etc.

3. Muhammad Naeem Shams
ACMA
3
BNSAir services(Pvt) Limited
(A leadingmultimodal freight forwarding company inPakistan with its head office located in Karachi and branch offices all over Pakistan)
Manager Accounts Dec-1998– August 2000
Key Responsibilities:
 Leading the Accounts & Finance function of the Companyto ensure adequate functioning ofall systems and procedures
including supervision ofaccounts personnel
 Review of the fortnightly reports submitted to Airlines.Prepartion ofShippers statementofincentives.
Rahim Iqbal Rafiq and Company-Chartered Accountants (A memberfirm of Russell Bedford International –UK)
Supervising Senior July 1997- Dec 1998
Key Responsibilities:
 Supervision ofthe external audits and reporting the findings to the Audit Managers.
 During the Article ship period finalized the auditof various listed unlisted,private companies as well as Banks and NBFI’S.
EDUCATION
Year Degree Institution
2013 CMA Institute of Cost& ManagementAccountant of Pakistan (I.C.M.A.P)
2011 APFA Pakistan Institute of Public Finance Accountants (P.I.P.F.A)
1997 CA-Inter
Completed mandatoryAudit training period of four- (04) year’s
(July 1993 to June 1997) Under Institute of Chartered Accountants
of Pakistan (I.C.A.P) Bye Laws from M/s. Rahim Iqbal Rafiq and
Company–Chartered Accountants (a member firm ofRussell Bedford
International –UK
1991 B.Com University of Karachi
COMPUTER SKILLS
Computer literate,with specific experience of accounting software and spreadsheetpackages including;
 Have successfullyattended SAP-FICO Track level 1 training jointly organized by ICMAP and Virtual Matrix Synergies.
 MS-Office
 Sidat Hyder Financials (Oracle Based)
 Accounts Pro, Busy UL.
PERSONAL INFORMATION
Birth date: 02 May 1971
Nationality: Pakistani
Languages: Urdu, English
Contact No: +923452194625, +923222004510 +922134830255
Address: A-40, REHMAN VILLAS, MAIN UNIVESRITY ROAD, SCHEME 33, KARACHI