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Our Team

Professionals who are always working toward progress, for our clients, and for the betterment of the firm, day by day.

Muhammad Siddique, Founder & CEO, seated at his desk in front of a bookcase of law reports

Muhammad Siddique

Founder & CEO

More than 28 years in taxation and corporate affairs, with a strong record of favourable decisions before SECP and FBR tribunals.

Muhammad Siddique has more than 28 years' experience in taxation and corporate affairs. He began his career with the mandatory period of training at Rahman Sarfaraz & Co. Chartered Accountants (now Rahman Sarfaraz Rahim Iqbal Rafiq & Co.), where he served as Manager Tax and Corporate.

He holds a Master in Business Administration from a reputed private university, and Bachelor's and Master's degrees in Law from the University of Karachi. He is certified by the Institute of Taxation Management and the Institute of Corporate Secretaries.

Mr. Siddique has appeared before various tribunals of the SECP and FBR with a successful record of favourable decisions, and serves on the boards of several companies as Company Secretary. He established M.S.Consultants in association with Hatim Rangwala in 2010, following the passing of the late Sarfaraz Hussain Siddiqi, Senior Partner at Rahman Sarfaraz & Co.

Hatim Rangwala FCA, Chief Executive, in a pinstriped suit

Hatim Rangwala, FCA

Chief Executive

A Chartered Accountant since 1996, with senior finance leadership across textiles, oil and gas marketing, and FMCG.

Hatim Rangwala FCA has been a qualified Chartered Accountant since 1996, having completed his training at Sidat Hyder Qamar Maqbool & Co., now EY Ford Rhodes. He brings more than 22 years of post-qualification experience.

He began as Assistant Manager Audit at a Chartered Accountants firm, then spent almost six years with a leading manufacturer and exporter of home textiles, rising from Senior Accountant to Manager Accounts. He has since served as Manager Finance at an oil and gas marketing company, Chief Financial Officer in textiles and apparel manufacturing, and Group Financial Controller at a nationwide FMCG company.

Responsible for supervising and monitoring

  • Distressed financial management
  • The company secretarial function, handling all corporate governance matters
  • Financial and cost accounting activities of the company
  • Designing and maintaining the accounting structure for the company's business segments and production hubs
  • Designing and implementing internal control procedures, and deploying the internal audit structure
  • Designing MIS reports for management and implementing them
  • Deploying the import and export department under DTRE and duty remission laws
  • Preparing the company's financial strategic plans
  • Monitoring and checking product costing
  • Design and implementation of pre- and post-shipment order costing
  • Liaison with insurance surveyors on loss assessment, interpretation of insurance clauses and settlement of claims
  • Labour matters with the Employees' Old-Age Benefits Institution and Employees' Social Security Institution, including clearance of all prior issues and audits up to June 2006
  • Handling and supervising income tax and sales tax issues
  • Preparing financial models and information memoranda for new projects
  • Equity regularisation for direct foreign investment
  • Heading social compliance and social responsibility customer audits

Insurance and special assignments

  • Liaison with leading insurance and re-insurance surveyors on the loss assessment of 27 December 2007 for the Rs. 1.24 billion RSD claim of Maxco (Pvt.) Limited, through to successful finalisation, settlement and acceptance of the claim
  • Member of the due-diligence team for the acquisition of GURU, a fashion brand registered in Italy, on behalf of an international Italian company
  • Implementation Manager and Lead Business Analyst for the implementation of various Enterprise Resource Planning (ERP) modules
  • Presently working on SAP Business One (B1 Suite)

Academic and professional qualifications

  • Bachelor of Commerce, University of Karachi
  • Fellow Chartered Accountant, Institute of Chartered Accountants of Pakistan, Karachi

The Team

The people who keep every filing, reply and deadline on track, working alongside our leadership on each client engagement.

  • Ali Nawaz Channa, Income Tax Compliance & Correspondence Officer, at his desk

    Ali Nawaz Channa

    Income Tax Compliance & Correspondence Officer

  • Muhammad Shaqran, Associate

    Muhammad Shaqran

    Associate

  • Muhammad Umar Baig, Senior Intern

    Muhammad Umar Baig

    Senior Intern

Speak with our team directly.

Tell us what you need and we'll arrange a conversation with the right person, from day-to-day compliance to senior-level advice.