Awais Ashraf, Senior Financial Analyst

Awais Ashraf

Senior Financial Analyst

Arabsat

Location
Saudi Arabia - Riyadh
Education
Diploma, CA finalist
Experience
17 years, 6 Months

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Work Experience

Total years of experience :17 years, 6 Months

Senior Financial Analyst at Arabsat
  • Saudi Arabia - Riyadh
  • My current job since May 2014

Development and updation of financial plans
Assistance in fund raising
Assistance in Post acquisition Accounting
Performing Business Valuation
Financial modeling
Evaluation of potential business opportunities
Investment Appraisal and due diligence
Financial Evaluation of potential procurement

Senior Consultants at Baker Tilly Chartered Accountants and Financial Consultants
  • United Arab Emirates
  • September 2010 to February 2014

 Developed complex financial models for larger number of clients using advance tools in excel like (adding button, YES/NO linkages, multicurrency linkages and multi divisions/country linkages using developers tab in one workbook) which can ease the decision making of users and enable to produce the results with SIMPLE CLICK in the assumption sheet.
 Performed detailed financial analysis on historical and forecasted financials in financial model including horizontal and vertical analysis, NPV, IRRs, payback periods, DSCRs, CAGR, Sensitivity/scenario based analysis and other financial parameters to analyze inflow / outflow of funds thereof;
 Conducted feasibilities studies and drafted reports thereon to determine the financial viability of new ventures by highlighting the executive summary, project profile, sponsor’s profile, production/manufacturing process, product/services profile, market analysis, organizational structure/HR requirements, Basic assumptions and forecasted results etc.;
 Drafted Business Plans of various entities covering the As is Position, historical performance, future marketing strategy, growth strategy, expansion plan, enterprise strategy, corporate strategy and HR plan etc.;
 Conducted business/equity valuations for diversified industries including Oil & Gas, Health care, Education, Industrial and Real Estate using different form of methodologies covering DCF, Multiple based, asset based or sum of part method etc;
 Performed review of financial models/business plan/financial plans & forecasts and accordingly prepared review reports for valuation and other purposes;
 Prepared teaser/investment overview documents for potential investment for and on behalf of seller for the purpose of private equity placement (M&A);
 Prepared information memorandum, terms of offers and negotiations with potential purchasers for the purpose of private equity placement;
 Conducted financial due diligence by performing various analysis on the historical financials and projected financials if so required and drafted reports thereon;
 Prepared proposals for Banks/financial institutions of various client for financial institution for fund raising covering future plan, projections and terms of loan and collaterals ranging from AED 7 million to 100 million;
 Closely liaisoning with financial institution/banks on behalf of clients for project funding and trade financing;
 Analyzed financial information to plan and prepare monthly/semiannually cash flow forecasts and annual cash budgets forecasts/annual plan of business for use in making strategic decisions;
 Assisted the strategic management in financial planning and decision making through forecasting and capital budget (Capex and Opex);
 Conducted market research through desktop and using different portals including BMI, Datamonitor and ZAWYA to support the financial models and for documenting the business plans and feasibility study reports;
 Oversee the proposals and engagement letters for corporate finance and Transaction advisory services;
 Undertaking planned delegation of work to assistants and reviewing the same;
 Application of the International Financial Reporting Standards (IFRS), International Standards on Auditing (ISAs) and preparation of projected financial statements in compliance therewith; and
 Timely completion of assignments within apportioned time while maintaining required quality standards.

Senior Consultant/Supervisor at Grant Thornton Pakistan, Chartered Accountants, Lahore, Pakistan
  • Pakistan - Lahore
  • August 2006 to August 2010

 Drafted Business Plans and Information Memorandums for varying range of clients covering Microfinance, real estate and energy sector;
 Prepared detailed financial models ranging from 5-10 years for different industries (textile, oil & gas, Agriculture marketing, energy sector etc.) in Pakistan;
 Drafted feasibilities studies reports covering executive summary, project profile, promoters profile, sector/industry and market information, competitors analysis, basic assumptions, implementation plan, technical details, financial analysis and projected performance there on;
 Conducted equity/business valuation of renowned textile group in Pakistan;
 Conducted buyer side financial due diligence of different clients;
 Conducted preliminary feasibility studies, primary research and secondary market study for the purpose of documenting the business plans, information memorandum, feasibility study reports etc.
 Carried out the Pre Award Assessment of WAPDA and other Thermal Power Generation Companies in Pakistan on behalf of USAID focusing the Accounts and Finance Function, Budgeting and Forecasting Function and other functions having project worth of USD 125 million;
 Also involved in designing and developing following Policies and Procedural, controls, compliance and systems manuals which provide comprehensive solutions, streamlined processes, ensured accurate information systems and ongoing controls and management to different organizations:
o Accounts, Finance, Costing, Internal Audit Manuals, Procurement, Administration and HR Manuals.
 Involved in internal audit of big real estate group in Pakistan;
 Involved in statutory and external audit of different sectors in Pakistan as per the requirement of Local laws and regulation.

Education

Diploma, CA finalist
  • at Institute of Chartered Accountants of Pakistan
  • July 2015
Diploma, CFC
  • at Institute of Financial Consultant USA
  • March 2014
Diploma, CPA
  • at Institute of Certified Public Accountants of Pakistan
  • January 2012

Specialties & Skills

Financial Modeling
Feasibility Studies
Valuation
Business Planning
Microsoft Powerpoint
Microsoft Excel
Microsoft Word

Languages

Urdu
Beginner
English
Beginner

Memberships

Associate Institute of Certified Public Accountants of Pakistan (ICPAP)
  • Member

Training and Certifications

CCPT (Certificate)
Date Attended:
January 2007
Valid Until:
June 2007