Syed Shahkar Ali Shah
Summary
ACA-qualified finance professional with 11+ years of progressive experience spanning Big-4 audit (KPMG), NASDAQ-listed multinational (CareCloud), and multi-entity regional group operations across KSA and Pakistan. Experienced in leading end-to-end finance functions including IFRS reporting, financial control, consolidation, budgeting & forecasting, treasury oversight, regulatory compliance, ERP implementation, and audit management. Strong blend of technical accounting expertise and commercial finance insight, with proven ability to build scalable finance structures, strengthen governance, and support executive decision-making.
Overview
11
11
years of professional experience
Work History
Senior Manager Accounts & Finance
Megaplus Pakistan Group
01.2021 - 12.2025
- Led full finance function across multiple entities including accounting, reporting, compliance, treasury, and budgeting.
- Led the preparation and finalization of quarterly and annual IFRS financial statements and closing cycle.
- Managed General Ledger, AP, AR, Fixed Assets, payroll oversight, and closing cycle.
- Handled VAT, Zakat, and statutory reporting requirements for Saudi subsidiaries, ensuring compliance with ZATCA regulations.
- Coordinated external audits and ensured timely completion with clean opinions.
- Developed cash flow forecasting models and funding visibility dashboards for leadership.
- Designed project-level profitability models and commercial pricing frameworks.
- Delivered management dashboards covering cash position, receivables, payables, inventory, project margins, and funding gaps.
- Led ERP implementation initiatives and automation of reporting processes.
- Built and scaled 12 members finance team (Executives, Assistant Managers), defined roles, responsibilities, workflows, and accountability frameworks.
Assistant Manager Revenue
MTBC (NASDAQ Listed)
Islamabad
01.2019 - 12.2020
- Analyzed revenue streams and customer contracts during acquisition evaluations to determine fair value, and support purchase price allocation.
- Supervised invoicing processes, ensured accuracy and timely billing.
- Coordinated Oracle ERP customizations by defining reporting and automation requirements.
Senior Audit Associate
KPMG Taseer Hadi & Co.
Islamabad
12.2014 - 06.2018
- Planned and finalized external audit engagements across multiple sectors.
- Supervised audit teams and ensured compliance with KPMG quality standards.
Education
Chartered Accountant (ACA) -
ICAP
01-2023
Member -
SOCPA
Skills
- IFRS Financial Reporting
- Group Consolidation
- Financial Control
- KSA VAT & Zakat Compliance
- Budgeting & Forecasting
- Financial Planning & Analysis
- Cash Flow Management
- Treasury Management
- Working Capital Management
- Audit Management
- ERP Implementation
- Digital Transformation
- Internal Controls
- Commercial Finance
- Pricing Analysis
- Profitability Analysis
- Multi-Entity Operations
- Cross-Border Operations
- Finance Team Leadership
Accomplishments
• Financial Reporting Excellence: Delivered accurate, audit-ready financials for multi-country operations exceeding USD 50M+ annual revenue, achieving 100% on-time reporting and zero major audit qualifications.
• ZATCA Compliance: Supervised VAT, Zakat, and tax filings with 100% on-time compliance and zero penalties during assessments.
• Project Budgeting & Forecasting: Implemented project-based budgeting framework covering 25+ projects with contract values exceeding USD 500M, improving cost control and cash flow predictability.
• Audit Leadership: Managed external audits for multiple entities for 5 consecutive years, achieving timely sign-offs with no major qualifications.
• Finance Function Transformation: Established a structured, ERP-driven finance function, replacing manual processes and improving reporting accuracy, control environment, and closing timelines.
• Strategic Project Leadership: Played a pivotal role in the Prime Minister’s 100K Laptop Scheme (USD 415 million), managing project funds, cash flows, and profit-sharing arrangements, accelerating cash receipts by 21 days.
• ZATCA Compliance: Supervised VAT, Zakat, and tax filings with 100% on-time compliance and zero penalties during assessments.
• Project Budgeting & Forecasting: Implemented project-based budgeting framework covering 25+ projects with contract values exceeding USD 500M, improving cost control and cash flow predictability.
• Audit Leadership: Managed external audits for multiple entities for 5 consecutive years, achieving timely sign-offs with no major qualifications.
• Finance Function Transformation: Established a structured, ERP-driven finance function, replacing manual processes and improving reporting accuracy, control environment, and closing timelines.
• Strategic Project Leadership: Played a pivotal role in the Prime Minister’s 100K Laptop Scheme (USD 415 million), managing project funds, cash flows, and profit-sharing arrangements, accelerating cash receipts by 21 days.
Languages
English
Proficient (C2)
C2
Urdu
Proficient (C2)
C2
Timeline
Senior Manager Accounts & Finance
Megaplus Pakistan Group
01.2021 - 12.2025
Assistant Manager Revenue
MTBC (NASDAQ Listed)
01.2019 - 12.2020
Senior Audit Associate
KPMG Taseer Hadi & Co.
12.2014 - 06.2018
Chartered Accountant (ACA) -
ICAP
Member -
SOCPA