OUR SUPPORTED TEAM

Muhammad Siddique, Managing Partner

Muhammad Siddique, has 28 years’ experience in the field of Taxation and Corporate affairs. He started his carrier with completion of mandatory period of training with Rahman Sarfaraz & Co. Chartered Accountants, now Rahman Sarfaraz Rahim Iqbal Rafiq and Co. Chartered Accountants since 1993. Subsequently completed Master in Business Administration from reputed private university and Masters and Bachler of Law from Karachi University. He is dully certified by Institute of Taxation Management and Institute of Corporate Secretaries. Since 1990 served as Manager Tax and Corporate in Rahman Sarfaraz Rahim Iqbal Rafiq and Co. Chartered Accountants.

Mr. Siddique has appeared before various Tribunals of SECP and FBR and has been able to have a successful record of favorable decisions, he is also on board with various companies as a Company Secretary. The firm M. S. Consultants was established in association with Hatim Rangwala in 2010 after sad demise and death of (late) Sarfaraz Hussain Siddiqi Senior Partner at Rahman Sarfaraz & Co. Chartered Accountants.

 

Hatim Rangwala, Chief Executive

 

Mr. Hatim Rangwala FCA, is a Qualified Chartered Accountant since 1996, he completed his mandatory period of training form then Sidat Hyder Qamar Maqbool & Company now EY Ford Rhodes, Chartered Accountants. He has 22 years of Post qualification experience and his post qualification career form a Chartered Accountants firm as Assistant Manager Audit, and then joined a reputed Textile Manufacturers and Exporters of Home Textile Products in Private sector as Senior Accountant and served there for almost 6 years and separated as Manager Accounts. He has been associated with Oil and Gas marketing Company as Manager Finance, Textiles and Apparel Manufacturing as Chief Financial Officer and presently is associated with a Fast Moving Consumer Goods Company having its presence Nationwide, as Group Financial Controller.

During his period of services he has been responsible for supervision and monitoring of following:

  • Distress financial Management
  • Company secretarial function handling all corporate governance matters
  • Financial and cost accounting activities of the company
  • Designing and maintenance of Accounting Structure for the company various business segments and Production Hubs.
  • Designing and implementation of Internal Control Procedures and Deployment of Internal Audit structure in the Company.
  • Designing of MIS reports for management and Implementation of the same
  • Deployment of Import and Export department with DTRE and Duty remission laws.
  • Preparation of Financial strategic plans for the company.
  • Monitoring and checking product costing.
  • Design and implementation to facilitate pre and post shipment order costing.
  • Liaison with Insurance Surveyors for assessment of loss and interpretation of insurance clauses and settlement of claims.
  • Handling Labor related issues with Employees Old Age Institution and Employees Social Security Institutions successful clearance of all prior issue and audit till June ended 2006.
  • Handling Income tax and Sales Tax issues and supervision thereof.
  • Preparation of Financial Modeling and Information Memorandum for new projects.
  • Equity regularization for direct foreign investments.
  • Heading Social Compliance and Social Responsibility related customer audits.

 

Insurance and Special Assignments include:

  • Liaison with leading Insurance & Re-Insurance Surveyors for loss assessment of December 27, 2007 of RSD Claim amounting to Rs. 1.24 billion of Maxco (Pvt.) Limited successful finalization, settlement and acceptance of the said claim.
  • Member of due diligence team for acquisition of a fashion brand named GURU registered in Italy on behalf of International Italian Company.
  • Implementation Manager and Lead Business Analyst for the implementation of Various Enterprise Resource Planning Modules (ERP).
  • Presently working on B1 Suite SAP.

Academic and Professional Qualifications

University of Karachi

  • Bachelor of Commerce.

Institute of Chartered Accountants of Pakistan, KHI