Partner’s Profile

Mr. Nasir Gulzar

Professional Memberships

Fellow Member of the Institute of Chartered Accountants of Pakistan.

Area of Expertise

Nasir Gulzar is the senior Partner at Nasir Javaid Maqsood Imran, Chartered Accountants (NJMI) since 1995. Qualified in 1988, is the fellow Member of the Institute of Chartered Accountants of Pakistan since 1995.

He has adequate experience of direct and indirect tax planning of individual and corporate clients, feasibility studies and financial projections for industrial & other projects and Identification of optimal financial plan & financing mechanism for new & ongoing projects.

He has conducted various assignments for national and multinational clients including, accounting assignments, salary surveys, audits, system audit, mergers and amalgamation, listing of shares on Stock Exchanges, incorporation and compliance under corporate and related laws of Pakistan and specialized knowledge in, Telecommunication and electricity sectors in Pakistan. He has adequate knowledge of regulations of Securities and Exchange Commission of Pakistan applicable to private, listed and unlisted companies.

Past Experience

Before starting public practice, being Manager Finance (CFO) in a textile company listed on stock exchange), having 5 conventional and 1 open end unit, was responsible for Finance Department- dealing with banks in respect of L/Cs (local and international), financing arrangements for pledge of cotton, obtaining running finance, project finance, cotton procurement, import, export and local sale of yarn, mills coordination, corporate, taxation, etc., reporting to CEO directly, supervising a team of around 25-30 people.

Hired by NAS Air (Riyadh, Saudi Arabia) as a consultant, for adherence to policies and procedures of Payroll and to identify weakness in their Revenues and Collection system and present solution to those problem.

Hired by Saudi Material Recycling Co (SAMARCO) Dammam KSA, for time and motion study to evaluate meaningful utilization of their human resource. Also hired by Chinon Camera, Hong Kong for detailed System review and internal Audit.

Professional Experience

Present Experience

-De-facto CFO of various small and medium size entities where accounts and finance departments are being supervised by our firm and preparation and analysis of monthly operational results and various management reports for the guidance of the clients.
– Audit & Corporate consultancy of listed and unlisted companies;
– Preparation and analysis of monthly operational results and management reports on behalf of the client;
– Advising clients on financial, Income tax, sales tax and corporate matters, etc.;
– Preparation of feasibility studies and financial projections, Identification of optimal financial plan & financing mechanism for new & ongoing projects;
– Coordination with foreign brokerage houses on behalf of clients for foreign equity placement of projects under implementation;
– Arrangement of underwriters & financing facilities for clients;
– Incorporation of Limited Companies, firms, handling of public issue of shares and their listing on Stock Exchanges;
– Handling of winding up of limited companies;
– Handling of mergers and amalgamations of Ltd. Companies;
– Tax planning and management & preparation & filing of tax returns of individual and corporate clients;
– Attending hearing and finalization of assessments, developing & implementing effective computerized financial accounting and management information system along with relevant controls and its supervision;

He is an independent director of National Transmission and Despatch Company Limited (NTDCL) and the chairman Audit committee, a part from member of other Board committees. NTDCL owns and operates the high voltage transmission system in Pakistan. The company employs a staff of over nine thousand that is engaged in managing the transmission network that extends into all the provinces of the country and the AJK.

Positions Attained in Organizations and Other Fields of Service;

1980-85 Trained with A.F. Ferguson & co., chartered accountants, member firm of PWC.
1985-87 Audit manager with Majeed Faizi & Co., chartered accountants.
1987-91 Worked with public listed textiles spinning mills in the capacity of Manager Finance (CFO).
1991-95 Public Practicing under the name & style of “Nasir Gulzar & Co.” chartered accountants.
1995-to date Founder and senior partner of “Nasir Javaid Maqsood Imran”, Chartered Accountants.

Muhammad Javaid Quasim

Professional Memberships

Fellow member of the Institute of Chartered Accountants of Pakistan.
Associate Member of the Institute of Cost & Management Accountants of Pakistan.

Area of expertise

Mr. Javaid Quasim is Partner in Karachi Office of NJMI. His area of expertise include arrangement of financing facilities for clients, arrangement of underwriters for public issues, preparation of feasibility studies and financial projections for industrial & other projects, incorporation of Limited Companies, firms, handling of public issue of shares and their listing on Stock Exchanges, handling of winding up of limited companies, handling of mergers and amalgamations of Ltd. Companies, tax planning and management of individual and corporate clients, preparation & filing of tax returns, attending hearing and finalization of assessments, developing & implementing effective computerized financial accounting and management information system along with relevant controls and its supervision, preparation of monthly operational results and various management reports on behalf of the client, advising clients on financial, Income tax, sales tax and corporate matters, conducting audits,

Professional Experience

1988-91 Finance Manager at Apollo textile Mills Limited at Karachi.
1991-95 Practicing Chartered Accountant under the name M. Javaid Qausim & Co. Chartered Accountants.
1995- to Date Founder partner “Nasir Javaid Maqsood Imran”, Chartered Accountants|

Muhammad Maqsood

Professional Memberships

Fellow member of the Institute of Chartered Accountants of Pakistan.

Area of Expertise

Mr. Maqsood is Partner in Lahore Office of NJMI. His area of expertise include Investment advisory services to clients covering project identification, financing, taxation & other related aspects. He is also involved in dealing with banks and financial institutions, modarabas, and leasing companies on behalf of clients, analyzing financial statements of listed/unlisted companies on behalf of the clients, incorporation of Limited Companies, firms, corporate and individual tax planning, filing of returns and finalization of assessments, ensuring compliance with listing rules of Stock Exchanges, conducting statutory, annual and extra-ordinary general meetings of the shareholders, and conducting statutory audits, internal audits, management audits, system Audits, etc. advising clients on financial, Income tax, sales tax and corporate matters, etc.

Professional Experience

1962-68 Completed audit training with Riaz Ahmed & Co., chartered accountants, Karachi
1969-73 Senior Officer in Habib Bank Limited, Karachi.
1974 –77 Manager Accounts (Ghee Corporation of Pakistan).
1978-89 Tanzania (East Africa), served three different government owned corporations in the capacity of management Auditor, finance manager and director management services.
1991-92 Qualified manager with S.M Masood & Co., chartered accountants, Lahore.
1993-2000 Partner in Zahid Jamil & Co. chartered accountants, Lahore
2001 to date Partner in Nasir Javaid Maqsood Imran chartered accountants

Imran ul Haq

Professional Memberships

Fellow Member of the Institute of Chartered Accountants of Pakistan

Area of expertise

Mr. Haq is partner in Islamabad Office of NJMI. He provides a wide range of professional services to his clients, that include Audits (internal and external and special audits), taxation (individual and corporate, income tax, wealth tax and sales tax), Corporate services under the Companies Ordinance 1984, and Consultancies which include Human Resource management, recruitment, and training, Investigations, system studies, development of systems manuals, record/book keeping, due diligence for acquisitions and mergers, preparation of financial feasibilities, share valuations, fixed assets valuations, income estimations for consumer loans for banks, etc.

Mr. Haq has acted as an Independent Consultant for World Bank for carrying out study of the systems of the self-accounting units within the Ministry of Health and Ministry of Railways of the Government of Pakistan as a part of Country Financial Accountability Assessment (CFAA) program. He has also acted as an Independent Consultant for Technical Assistance Management Agency to design a training program for the staff engaged in budget execution, of Ministry of Health and Ministry of Population Welfare of the Government of Pakistan. This training was a part of the overall CFAA implementation program.

Professional Experience

1990-94 Completed audit training from Amir Alam Khan & Co., chartered accountants.
1994-95 Manager with Amir Alam Khan & Co., chartered accountants.
1996-98 Senior Manager with Riaz Ahmad & Co., chartered accountants.
1998-04 Partner with S. Zafar Shah Naveed Imran & Co., chartered accountants.
2004 to date Partner with Nasir Javed Maqsood Imran, chartered accountants

Social Services

Mr. Haq has been voluntary teaching advanced financial accounting and taxation to the students desirous of becoming chartered accountant, organized at ICAP Islamabad (from 1997 to 1999), Capital College of Finance and Accountancy, Rawalpindi (from 1999 to 2004), a college registered with ICAP, and is now the proprietor/sponsor of Imran College of Accountancy, Rawalpindi.

Mr. Haq provides career counseling to the students desirous of entering into the field of professional accountancy

Javed Ahmed

Professional Memberships

Fellow Member of the Institute of Chartered Accountants of Pakistan

Area of expertise

Tax planning and advisory,
Assurance and business advisory services,
International Mergers and Acquisitions,
Corporate Finance and Investment Advisory,
Due diligence and forensic audits,
Financial product designing and launching, and
Public listings and corporate affairs.

Professional Experience

1970 – 2000 Al-Futtaim Group – U.A.E in various capacities.
2008 – 2010 Senior Manager at “Nasir Javaid Maqsood Imran”, Chartered
Accountants
2011– Present Partner of “Nasir Javaid Maqsood Imran”, Chartered
Accountants

Azhar Iqbal

Professional Memberships

Fellow Member of the Institute of Chartered Accountants of Pakistan

Area of expertise

  • Implementation of Business and Financial Strategic Plan
  • Generation of timely MIS Reports
  • Budgets and Budgetary Control Systems
  • Implemented Cash / Funds Management
  • Financial Analyses
  • Treasury Management
  • Secretarial Practices
  • Ensuring effective Corporate Governance
  • Ensuring positive role of Audit Committee
  • Internal Audit
  • Effective monitoring of Receivables & Payables
  • Job Order Costing System
  • Implementation of all Monetary and Management policies
  • Introduction and implementation of Cost Saving Schemes
  • Special Projects Study and Implementation
  • Financial Feasibility

Professional Experience

2006-2017 Amin Enterprises as Chairman
1998-2006, Crescent Bahuman Limited as Vice President Finance
1987-1998 Azhar Iqbal & Co., Chartered Accountants
1970-1987 Jaffer Brothers (Private) Limited as GM Finance
1967-1970, National Refinery limited worked as Chief Accountant

Zahid Ahmed Chaudhry

Professional Memberships

Fellow Member of the Institute of Chartered Accountants of Pakistan

Professional Experience

2003 to 2017 – DGM Finance – Sui Northern Gas Pipelines Limited (SNGPL).
2000 – 2003- Finance Manager (HO) – Fauji Foundation Pakistan
1998 – 1999- Director Finance – First Capital Group of Companies
1995 – 1998 – General Manager Professional Business Publications (Pvt) Limited
1995 – 1995 – Deputy General Manager Finance – Vita Group of Companies
1991 – 1995 – Manager M / s Aslam Associates Consultancy
1984 – 1991 – AM – Ghee Corporation of Pakistan (Pvt.) Limited Seed Division
1979 – 1984 Supervising in-charge of audits in AM&Co. Chartered Accountants