Revised CV - Updated
- 1. 1 Imtiaz Lutful Baset B.Com (Hons.), M.Com (Accounting), MBA (Marketing), FCMA, FCA Managing Director - Chief Financial Consultant Kindler Universe Limited Phone – Cell: 01711 880 065 Residence: 02 - 5895 7389, 5895 0233 E-mail: imtiaz.baset@live.com ACADEMIC QUALIFICATIONS: Bachelor of Commerce with Honors in Accounting; passed in 1980 from the University of Dhaka. Master of Commerce in Accounting; passed in 1981 from the University of Dhaka. Master of Business Administration with major in Marketing; passed in 2004 from the City University, Dhaka and secured CGPA 3.86 in the scale of 4. PROFESSIONAL DEVELOPMENT: Qualified as a Chartered Accountant in 1992 from The Institute of Chartered Accountants of Bangladesh Qualified as a Cost and Management Accountant in 1985 from The Institute of Cost and Management Accountants of Bangladesh Qualified Professional Program Part – I from The Institute of Chartered Secretaries and Administrators (UK). EMPLOYMENT HISTORY: MANAGING DIRECTOR – Chief Financial Consultant Kindler Universe Limited 1 March 2016 – Present 1 November 2013 – 31 March 2014 Engagement RA Hospital Education and Training Institute Dhaka Limited - ROYAL COLLEGE OF SURGEONS OF ENGLAND PARTNER Specialized in Colorectal& Laparoscopic surgery KAB Auto Bricks Limited Significant Responsibilities Financial modelling Market Research/Survey Feasibility studies, Company/Project Profile, Business Plan Accounting System Development Financial & Accounting Reporting System Development & Implementation Development of corporate culture and governance Manufacturing Costing System Development and Processes Improvement Personal and Company Tax Advisory (Including VAT) Company Affairs related advisory company formation, secretarial assistance HRM Advisory Capital market based business set up services (Credit Rating, Trustee etc.) CHIEF FINA NCIAL OFFICER Paragon Group 1 April 2014 - 29 February 2016 BRB Group of Companies 1 April 2013 - 31 October 2013 Finlay – A Group of Tea Companies 1 April 2012 - 31 March 2013 Reporting: Managing Director Supervision: 25 Significant Responsibilities Total responsibilities of finance including treasury, tax, VAT, audit, ensuring financial discipline and control, costing, business plan, feasibility plan of all the subsidiary companies of the Group. Play the role of financial adviser to the managing director in connection to ensuring Corporate Governance. Provide the periodical reports on finance and non-finance issues to the management as well as to the Board. Also perform the role
- 2. 2 of company secretary and managing the responsibilities of people and logistics management. ROBI AXIATA LIMITED (Malaysia based mobile telecommunication company) Vice President – Finance & Company Secretarial 16 March 2010 – 31 March 2012 Head – Financial Compliance, Risk Management & Process Improvement 1 October 2009 – 15 March 2010 Assistant General Manager - Accounting 1 October 2006 - 30 September 2009 Reporting: Chief Financial Officer Supervision: 60 Finance Significant Responsibilities To lead, direct and monitor compliance of finance related functions to achieve business objective To implement financial and accounting systems, policy and procedures in order to contribute to good commercial management of the Company’s business To establish and monitor financial performance and ensure proper asset management to ensure effective business operations To develop and compile annual budget as well as to ensure budgetary control effectively and efficiently To formulate costing policy and procedure and analysis of product profitability To manage risk effectively by taking proper insurance management To deal with the IPO related affairs as IPO Project Manager To ensure timely completion of audited annual accounts& reports in accordance with IAS/BAS/IFRS/BFRS and GAAP reporting rules To provide management with necessary advices on critical investment and financial issues Ensuring proper internal controls and procedures are formulated and executed in Finance. Assess, review and report on the appropriateness of Robi's accounting policies and practices and the quality of financial reporting Project analysis/appraisal/ management and/or process improvement for Finance Ensuring proper financial compliance and governance across Finance including SCM, Revenue Assurance and Credit Control on top of accounting and reporting Overall responsibilities of company secretarial affairs: Convene Directors’ Meeting, EXCOM and AGM Advise the Board regarding Corporate Governance & Compliance Ensure effective and efficient Internal Control Advise efficient financial management COATS BANGLADESH LIMITED (UK based company) Position: Finance Manager 15 December 2003 – 30 September 2006 Reporting: Finance Director Supervision: 25 Significant Accomplishments To manage and control overall finance and secretarial functions of two units (Coats Bangladesh Limited and Coats Crafts Bangladesh Limited): Management Accounting& Reporting: Group Reporting, budgeting, forecasting & planning, management reporting etc. Cost Accounting: Factory accounts of two factories including determining product costing and product profitability Financial Accounting: Treasury & Insurance Management, Suppliers’ Payments, Taxation & VAT, Group Remittance, Statutory and Internal Audit, External Reporting, Payroll Management etc. Credit Control: Debtors Management, Export Handling etc. GLAXOSMITHKLINE BANGLADESH (UK based company) Position: Financial Manager January 2000 – 14 December 2003 Reporting: Finance Director
- 3. 3 Supervision: 20 Significant Accomplishments Regularised the pending tax matters of the Company Experience gained and functions managed Supervising and maintaining an efficient financial accounting function Prepare the periodical financial statements i.e. monthly, half-yearly and annual Prepare financial reporting in accordance with the Companies Act, SEC, DSE, IFRS and SAFA guidelines Prepare annual accounts for year-end publication and circulation to the shareholders Prepare departmental budget and help other department by providing data in preparation of their budget/plan Ensuring the maintenance of appropriate standards in treasury activity in respect of sales collection, payments, investing surplus fund and to promote as well as to maintain good relationship with bank Reduction of risk in different business processes through efficient and effective insurance management and maintain good relationship with insurance companies Manage an efficient tax planning system in order to minimise the tax burden of the company and Group Looking after the VAT (Value Added Tax) related issues and maintain liaison with the VAT authority Develop the accounting staff through training for improvement of skills and knowledge to take on broader jobs than in the past Position: Internal Audit Manager May 1995 – December 1999 Reporting: Finance Director Supervision: 4 Significant Accomplishments Successfully establish the acceptability of internal audit in the Company Participated in GIA audit assignment in Glaxo Wellcome Saudi Arabia Experience gained and functions managed Managed and control overall secretarial functions Carried out internal control review in various audit entities of the Company Developed various business procedural manuals APEX LEATHERCRA FT LIMITED Position: Manager (Finance) June 1993 – April 1995 Reporting: Managing Director Supervision: 5 Significant Accomplishments Developed and implemented an integrated accounting system Experience gained and functions managed Determined the product cost of different items Prepared necessary documentation in order to obtain bank loan Insurance management in order to minimise business risk Prepared various reporting for the management NON – GOVERNMENT ORGANIZATION (NGOs) Business Advisory Services Centre (BASC) Position: Manager (Accounts & Finance) May 1992 – May 1993 Reporting: Director (Finance & Administration) Supervision: 7
- 4. 4 Significant Accomplishments Designed an accounting system in line with internal control structure Experience gained and functions managed Monitoring the financial analysis Managed the treasury matters Prepared various reporting for the management Micro Industries Development Assistance Society (MIDAS) Position: Assistant Chief Internal Auditor March 1991 – April 1992 Reporting: Director (Finance & Administration) Supervision: 4 Significant Accomplishments Developed internal audit manual Worked on the loan disbursement documentation Experience gained and functions managed Carried out audit and investigation at various MIDAS funded projects CHIEF ACCOUNTA NT December 1985 – February 1991 Asaf-Tex Limited Sona Rupa Tea Limited Dhamai Tea Estate Limited Reporting: Managing Director Supervision: 5 Significant Accomplishments Designed an integrated accounting system in line with internal control structure Experience gained and functions managed Monitoring the financial analysis Carried out the responsibilities of Company Secretary Managed the treasury, insurance and tax matters Prepared various reporting for the management Prepared financial statements Managed statutory audit M. M.RAHMAN & CO. Chartered Accountants Articled Student December 1982 – November 1985 Experience gained during article ship period Conducted and finalized audit of financial statements/reporting of various MNCs, Autonomous bodies/corporation, non-profiteering organisations Led audit discussions with various clients in order to finalize audit Carried out consultancy relating to tax, designing accounting and control system Carried out cost, management and self-audit for various organizations OVERSEAS WORK EXPERIENCE Carried out Internal Controls Review of GlaxoSmithKline Saudi Arabia as a (Global Internal Audit) GIA team member
- 5. 5 in December 1998. OTHER EXPERIENCE Teaching, Scripts Examination and Questions Setting & Moderating Part-time course faculty of: Northern University since April 2003 (MBA Program) South East University since January 2012(Friday MBA Program) The Institute of Cost and Management Accountants of Bangladesh since 1987 The Institute of Chartered Accountants of Bangladesh since 1995 STRENGTHS Analytical and professional approach in conducting all assigned tasks Quick understanding capacity to pick-up and clear conception in problem solution Good inter-personal relationship skill Perception, devotion, dedication and integrity LANGUA GE SKILL Mother tongue - Bangla Other languages - English fluency in speaking, reading and writing Primary efficiency in French language in speaking, reading and writing (passed DELF – A/2 exam) COMPUTER COMPETENCY Operating System – Windows XP, Windows NT MS Office 2007 Financial Software – Tetra CS/3 and Sage Enterprise, JD Edward, Discus, Debtor Management System, Harvest, SAP PUBLICATIONS Articles on various subjects like Auditing, Management and IT were published in the journals of the ICAB, ICMAB and in The Dhaka Courier – a leading weekly. MEMBERSHIP : A fellow member of the Institute of Cost and Management Accountants of Bangladesh (F – 139) : A fellow member of the Institute of Chartered Accountants of Bangladesh (Enrol. # 663) : A member of the Information Systems Audit and Control Association, USA (Member ID# 123956) : A life member of the Institute of Internal Audit, USA : A life member of the Bangladesh Economic Association (Membership # 490) : A life member of the Alumni Association of University of Dhaka (LM # 1723) : A life member of the Accounting Alumni, University of Dhaka (LM # 0087) : A registered graduate (life member) of the University of Dhaka (Registration # 04395) : A life member of MBA Club (LM # 450) : A life member of Army Golf Club (LM # 5112) : A life member of Shaheen Golf and Country Club, Patenga, Chittagong (Membership # 134) : A life member of Chittagong Maa-O-Shishu Hospital (LM # 2086) : A member of the Executive Committee of the Alliance Française de Dhaka during 2012 – 2014 PERSONAL DETAILS - Father’s name and occupation : Late A. Q. M. Baset - Mother’s name & occupation : Late S. N. Baset - Date of Birth : 12 July 1958 - Permanent Address : 13/A, Becharam Dewry Road Dhaka: 1100 - Mailing Address : Crest House: 15, Road: 18, Sector: 04
- 6. 6 Uttara Model Town Dhaka: 1230 - National Status : Bangladeshi by Birth - National Identification Number : 550 031 3720 - Marital Status : Married - Number of Children : Two Daughters and Two Sons REFERENCES Mr. Syed Fazlu lHaque FCA Former Managing Director - GlaxoSmithKline (Bangladesh) Ltd. Executive Director - Summit Group Cell: +88 01711 565016 Email: sfhaque@oclbd.com CERTIFICATION I CERTIFY THAT ALL INFORMATION STATED IN THIS RESUME IS TRUE AND COMPLETE TO THE BEST OF MY KNOWLEDGE. Date: 24 January, 2017 Imtiaz Lutful Baset
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