Absar Ali Khan

Deputy Director - Distribution

Pakistan

About

Experience

  • K-Electric (Full-time · 12 yrs 6 mos)
    • Deputy Director
      Sep 2023 - Present · 2 yrs 10 mos

    • Head of Public Sector Consumers
      Jan 2023 - Oct 2023 · 10 mos

      • Public Sector Consumers Departments is responsible for the sales, recovery, complaints of the entire Govt Departments of Karachi (Govt. Of Pakistan & Govt. Of Sindh). • Developed and implemented strategies to build and maintain positive relationships with government agencies and officials. Maintaining strong relationship with internal and external stake holders. • Monitored and analyzed legislative and regulatory developments relevant to the company's operations • Implemented effective collection strategies to minimize outstanding payments and reduce delinquency rates. • Developed and maintained billing systems and processes to streamline operations and improve efficiency. • Conducted risk assessments and audits to identify potential hazards and mitigate risks. • Implemented and enforced safety protocols and procedures to ensure a safe working environment for employees and customers. • Developed and delivered safety training programs to educate employees on best practices and compliance requirements.

    • Head of Commercial Growth and Planning
      Nov 2020 - Jan 2023 · 2 yrs 3 mos

      • New connections growth planning and future load forecasting ensuring load availability for consumers enabling distribution and transmission to align transmission projects / investments per load demand. • Performance monitoring, management and reporting by creating and establishing KI. • Driving process automations (New connections software on SAP) • Budgeting and Resource planning (financial, material, manpower. • Provide Regulatory and Legal support to the department to ensure compliance with policies and regulations of NEPRA and local bodies (SBCA/KDA/CBC rules) • Handling Inventory managing material demand, ordering, material allocation, PQCs allocation and issuance, material recons, refunds and capitalization. • Actively involved in implementing Ease of Doing business reforms for new investors under the Board of Investment.

  • Assistant Manager - Regulatory Affairs Department at The Karachi Stock Exchange Limited
    May 2013 - Dec 2013 · 8 mos

    Leading Compliance team and reporting directly to the Chief Compliance Officer / Chief Regulatory Officer, my responsibilities includes: • Resolution of Investor’s complaints through investigation, mediation and arbitration. • Ensure Regulatory compliance to protect the interest of the investors. • Efficiently settling investor’s claims against expelled / defaulter TREC holders of PSX in transparent manner. • Verification of claims lodged against expelled / default members. • Recommend changes in General Regulations to improve efficiency and bring in transparency. • Review of Investor Protection Fund & Assets of Expelled Member.

  • Senior Auditor at Ernst & Young - Abu Dhabi
    Oct 2010 - May 2013 · 2 yrs 8 mos

    My responsibilities in Ernst & Young Abu Dhabi includes: Overall planning of audits, conducting initial planning meetings with clients to understand and co-develop expectations and designing audit strategies in consultation with the Engagement Partner, after assessing the underlying audit risk in the light of the assessment of the client’s overall control environment. Ensuring compliance with laws and practices. Review and supervision of the work performed by audit team throughout the course of the audit. Preparation of final audit deliverables – the audit report, the covering letter to the Board of Directors, the Management Letter, reporting packs and other reports and certificates. Application of International Financial Reporting Standards, Technical Standards and Generally Accepted Accounting Practices. Foreign Reporting in accordance with the instructions of the Group Auditors. Monitoring the timely preparation of all deliverables including Financial Statements, Management Letters, SWOT Analysis, Financial analysis and other deliverables. Reviewed and implemented changes in policy and procedures of various clients.

  • Audit Trainee at Ernst & Young
    Jun 2006 - Jul 2010 · 4 yrs 2 mos

    I was associated with EY Pakistan since June 2006, my responsibilities as an Audit Senior at the firm included: Overall planning of audits, conducting initial planning meetings with clients to understand and co-develop expectations and designing audit strategies in consultation with the Engagement Partner, after assessing the underlying audit risk in the light of the assessment of the client’s overall control environment. Ensuring compliance with laws and practices including Companies Ordinance, 1984, Income Tax Ordinance, 2001, Insurance Ordinance, 2000, Rules for Business for Non-Banking Finance Companies issued by the Securities and Exchange Commission of Pakistan (SEC) and other relevant rules and regulations. Review and supervision of the work performed by audit team throughout the course of the audit. Preparation of final audit deliverables – the audit report, the covering letter to the Board of Directors, the Management Letter, reporting packs and other reports and certificates. Performance of audit procedures on significant accounting and business processes of clients. Application of International Financial Reporting Standards, Technical Standards and Generally Accepted Accounting Practices. Monitoring the timely preparation of all deliverables including Financial Statements, Management Letters, SWOT Analysis and other deliverables. Based on my performance I was also seconded to EY Dubai, EY Kuwait and EY Riyadh for a period of 3 months each.