Khurram Shahzad

• Managing the general ledger and overseeing all month-end processes, treasury, and tax-related activities for various fund entities.
• Managing accounts payable and receivables, and ensuring timely payments to vendors, and accurate collections from customers, while optimizing the funds' cash flows.
• Delivering monthly, quarterly, and annual fund, investor, and board-level reports.
• Finalizing annual financial statements and managing the year-end audit process, including documenting technical accounting positions and board memos.
• Calculating quarterly distributions from sub-trusts, and dividends from companies to head trusts, and investors.
• Preparing quarterly distribution statements and monthly investor statements.
• Assisting with performance and return data reporting on a quarterly and annual basis.
• Supporting the Investments team in asset acquisitions and disposals.
• Managing the budgeting and forecasting process, including annual budgets and quarterly reforecasts.
• Managing relationships, and reporting to external investors and boards.
• Liaising with external property managers to ensure asset-level reporting is complete and accurate.
• Conducting ad-hoc financial analyses for internal and external stakeholders.
• Evaluating, improving, and streamlining reporting, finance, and operational processes, with a focus on increasing automation.
• Acting as the lead contributor to key projects, including the Fund Consolidations Project, the Data Warehouse Project, and the Enterprise Management System Implementation Project.

Key accomplishment

• Accurately recorded and classified newly acquired assets worth $200 million, reviewed acquisition agreements, and ensured compliance with relevant accounting standards and policies.
• Oversaw the completion of accounting for the disposal of a $1 billion asset group, including derecognition, gain/loss calculation, and updating financial statements in alignment with regulatory and organizational requirements.
• Developed enhanced templates for financial statements and investor reports, aligning with the newly implemented SAGE system.

• Managed the general ledger, chart of accounts, and exchange rates across the parent company and subsidiaries.
• Oversaw monthly book closures, prepared management accounts, and ensured accuracy through bank, intercompany, and related-party reconciliations.
• Instrumental in preparing statutory financial statements, maintaining IFRS compliance, and facilitating smooth corporate tax filings.
• Collaborated with external auditors for timely audits, and worked with the FP&A team on budgeting, expenditure control, and cash flow management.
• Supported strategic initiatives by working closely with consultants and advisory firms, aligning organizational goals with actionable strategies.
• Training and mentoring team members for professional growth were also integral to my role.
• Implemented Oracle ERP for the newly formed 'Lusail City Co.' as part of the ERP implementation team.
• Led the project to automate the manual database of contractors' bonds, including performance and advances.
• Designed templates for consolidated financial statements, management reports, budgets, and forecasts, significantly reducing the time required to prepare these reports, and enabling quicker decision-making.
• Led the General Ledger (GL) team in the implementation of the Hyperion project for system-based consolidation reports.

Key accomplishments

• Implemented Oracle ERP for the newly formed "Lusail City Co," as part of the ERP implementation team.
• Led the project to automate the manual database of contractors' bonds, including performance and advances.
• Led the General Ledger (GL) team in the implementation of the Hyperion project for system-based consolidation reports.

• Led and managed audit teams in the field for various statutory audits, limited review engagements, financial reporting package validations, special-purpose engagements, and corporate, as well as value-added tax (VAT) services for a diverse portfolio of clients.
• Developed a comprehensive understanding of competitive and regulatory environments across diverse industries, key business processes, accounting and internal control systems, taxation, and corporate laws.
• Specialized in auditing real estate development projects, construction companies, power generation facilities, and the oil and gas industry.