Professional Bio

PROFESSIONAL EXPERIENCE AND SIGNIFICANT ACHIEVEMENTS

FINANCIAL CONSULTANT January 2007–December 2007
Self employed, Dubai, UAE, http://www.asifnawaz.net
SIAN Dubai Marketing Consultancy, Dubai, UAE, http://www.siandubai.com

SIAN Dubai was originally established in the UK in 1978. An up market event company and event service provider now based in Dubai, UAE, SIAN specializes in: Theatre Show Production & Management, Corporate Events, Company & Product Launches, and Sports Events Management.
(Turnover: GBP 1,000,000+)

• Reconciled 4 years worth of receipts, bank statements and invoices to bring books up to date and prepare financial statements and reports in compliance with the IFRS
• Deployed Peachtree Accounting; upgraded and merged over data to SAGE; finally upgraded and merged over data QuickBooks Pro
• Created a project costing & coding system where a cost/benefit report was generated for each project at month end
• Act as financial accountant: engage & liaison with the auditors for the successful completion of the first ever financial audit
• Streamlined cash flow and set up a system to separate owner’s personal expenses from company expenses
• Trained 2 staff members to take over day to day accounting

MANAGING PARTNER October 2005- December 2006
Ingenium Partners FZE, Dubai, UAE

Ingenium Partners was formed as a network of consultants joined together to form a dependable support network available to businesses in the UAE. The company offered a broad array of business services in fields of Accounting and Information Technology.

• Manage Finance & IT Projects, engage clients, and work on projects as needed
• Liaison with government, economic department, & immigration as needed for legal compliance
• Established company from scratch & grew to a team of over ten employees
• Developed, designed, & authored all marketing materials and web site for company. (Print brochure is available for download on http://www.asifnawaz.net/ingenium-uae.com/Corporate_Brochure.pdf)
• Streamlined cash flow to manage company expenses & salaries within the allotted budged of US $ 40,000/- & made company profitable within 7 months
• Lead company to become a Registered Microsoft Partner and noted developer of MS Platform based applications
• Oversaw preparation of US GAAP compliant Financial Statements in Microsoft Office Accounting
• Managed a team of 2 book-keepers/junior accountants
o Accounting Procedures & Corporate policy
o Cash Budgeting & Management
o IFRS, US & UK GAAP Compliance
o Preparation of Financial Statements & Reporting
o Accounting and Financial Management Software (SAGE, Peachtree, QuickBooks, WebERP)
o Object Oriented Software Design
o Development of RSDs, ERDs, Class Diagrams and VTOCs
o Database Technologies (Access, MySQL, SQL Server)
o Systems Analysis & Information System Design
Among others, worked for the following clients:
• Team One Real Estate Brokerage:
o Wrote comprehensive Accounting Procedures & Policies Manual, covering internal controls, travel, expense reimbursement, incentives and vacation & holidays
o Designed MS Excel macro enabled forms for implementation of Internal Controls & Procedures
o Deployed Peachtree Accounting (Installation, Chart of Accounts, General Ledger, Sales & Purchase Ledger)
o Prepared IFRS compliant Financial Statements & Reports using Peachtree Accounting
o Prepared sales forecast, relevant budget, and pro forma financial statements
o Trained 2 staff members to take over day to day accounting
o Specified, Installed and Configured hardware, software, and network on Windows XP Pro Machines
o Developed site with complete Content Management System for property management in PHP/MySQL
• Inter Cast Forge & Industry (Manufacturer of Metal Grills and Gates. Turnover: GBP 1,300,000+):
o Reconciled 6 years worth of excel spreadsheets, invoices, and bank statements for preparation of audit trail and entry into QuickBooks Pro
o Deployed QuickBooks Pro (Installation, Chart of Accounts, General Ledger, Sales & Purchase Ledger)
o Prepared Manufacturing Accounts, Financial Statements & Reports (IFRS Compliant) for 6 years using QuickBooks Pro
• Cheriton Investments FZCO (Consulting Group specializing communications, civil, and environmental engineering. Turnover: GBP 600,000+)
o Prepared company’s multi-currency 2005 & 2006 Financial Statements in compliance with US GAAP using QuickBooks Pro
o Act as financial accountant: engage & liaison with the auditors for the successful completion of audits for fiscal years 2005 & 2006
• Al Imran A/C Spare Parts Co. (Import/Export/Retail electronic parts. Turnover: GBP 5,000,000+):
o Conducted analysis of accounting procedures and requirements to advise on creation of customized central accounting system across multiple retail outlets and warehousing facilities
o Oversaw implementation of new accounting system; managed downtime, transition phase, and moved/merged data over from existing accounting system to new accounting system
o Wrote inventory control and stock management procedures to prevent excessive or late purchase of products and efficient management of cash flow
• Al Jufri International (Importer of Cosmetics into UAE & Saudi Arabia. Turnover: GBP 1,700,000+):
o Re-prepared IFRS compliant Financial Statements for completion of audit and compliance with banks’ loan issuing policy
o Act as Financial Accountant & liaison with the auditor for successful completion of financial audit
o Act as Financial Accountant & liaison with bank to successfully double Line of Credit
• SIAN Dubai Marketing Consultancy:
o Designed and deployed web based system for online ticketing and event ticket sales in conjunction with the accounting system using ASP/Access
FINANCIAL CONTROLLER March 2005-Sept. 2005
TAEUS International Corporation, Colorado Springs, CO – USA, http://www.taeus.com

TAEUS is an engineering firm that helps clients make money from their patent portfolios. The company’s roots are in reverse engineering of integrated circuits (ICs) and other complex electronic systems to prove a patent’s use in electronic products including integrated circuits, whole electronic systems, radio (RF) devices and software systems. Customers include fortune 500 patent holders and their law firms. (Turnover: GBP 3,000,000+)

• Hired and supervised accounting staff. Managed permanent employees temporary accounting staff at year end as needed
• Engaged auditors, managed, and successfully completed the company’s first financial audit (in compliance with SOX) for private companies in over 12 years
• Liaison with UMB Bank in connection with issuance of company’s first ever line of credit
• Reduced average receivables from approx. US $ 850,000/- to US $ 350,000/- per month
• Streamlined cash flow and collected written off debts to help management make growth investment decisions
• Prepared Sales Forecasts, Capital, & Operational Budgets
• Wrote Accounting Procedures and Policies, including Expense, Reimbursement and Vacation Policies
• Oversaw preparation of monthly financial statements, generated financial reports, and consolidated the books of the UK subsidiary with the US parent company

CORPORATE ACCOUNTANT July 2004-March 2005
TAEUS International Corporation, Colorado Springs, CO – USA, http://www.taeus.com

• Liaison with the Internal Revenue Service (IRS) for completion of audit and tax filings
• Moved and merged data over from home grown database system in FileMaker Pro to Peachtree Accounting
• Backtracked and reconciled excel spreadsheets, invoices, and bank statements from past 12 years of existing business documents to create the company’s first-time US GAAP compliant financial statements
• Developed new project costing model for reverse engineering & patent review projects in MS Excel to assist project management teams to help keep costs under control and projects profitable
• Prepared Monthly General Ledger, Sales Ledger, Purchase Ledger and Financial Statements and Reports
WEBMASTER & INSTRUCTOR OF INFORMATION SYSTEMS January 2003-July 2004
College of Business, University of Colorado at Colorado Springs, USA http://business.uccs.edu

The University of Colorado at Colorado Springs, along with the College of Business & Administration, was established in 1965. The campus is the fastest growing of the four in the University of Colorado system.

• Analyse requirements of new website and prepare requirement specification documents to get approval for new web site and information system design and model
• Liaison and work with co-webmaster, program director, and faculty to successfully design, code, and implement the new web site and intranet
• Conduct classes to instruct and train students in the use of Microsoft Word, Excel, Access and basic web design terminologies
• Develop coursework to teach freshman students the Microsoft Office Suite and web design concepts
• Substitute in absence of faculty to teach Freshman Business Information Systems Course

ACCOUNTANT June 2001-March 2006
Neat Consultants, Inc., Dallas, Texas, USA

• Provided accounting services in connection with disposal of restaurant outlet in Colorado, USA in 2001
• Provided accounting services in connection with acquisition of and set up of retail outlet in Texas, USA in 2002
• Completed monthly payroll accounting and filed quarterly payroll tax returns
• Filed annual financial statements and reports along with annual income tax returns
• Managed conversion of and filed all appropriate documentation to convert company from a C-Corporation to an S-Corporation to avail tax benefits
• Provided accounting services and completed paperwork in connection with disposal of retail outlet in 2006

PROFESSIONAL DEVELOPMENT

Student – Chartered Institute of Management Accountants (CIMA, UK) - 2007
(Estimated Completion of Business Accounting Certificate – March, 2008)
Member – Institute of Management Accountants (IMA, USA) - 2005
B.Sc. in Business Administration - 2004
Graduated Equivalent of 1st Class with Honours (Cum Laude)
University of Colorado at Colorado Springs (USA) [AACSB Accredited]
Area of Emphasis I : Accounting
Area of Emphasis II: Information Systems
(Outstanding undergraduate in Information Systems)

Various courses at university supplement my extensive hands-on experience:-
Accounting Systems, Auditing, Cost Accounting, Mergers & Acquisitions, Fund Accounting for Governmental and Non-profit Entities, Income Taxes, Systems Analysis & Design, and Information Systems Project Management.

Computer Software:
- Microsoft Excel, Word, PowerPoint, Visio, Project, Access
- Office Accounting Professional 2008
- Peachtree Accounting
- SAGE Line 50
- Intuit QuickBooks & Quicken
- Oracle Financials
- Adobe Flash
- Adobe Photoshop
- Adobe Dreamweaver
- IBM Rational Rose
- MS SQL Server
- MySQL
- PHP
- ASP
- Visual Basic.NET

Languages: Fluent in English, Urdu, & Punjabi