Ali Asad
About Ali Asad
Ali Asad is a Corporate Accountant with extensive experience in managing financial operations, including valuing intangible assets and overseeing compliance with regulatory requirements. He holds a Bachelor's degree in Commerce and an MBA in Finance, and he is currently pursuing certification with CPA Canada.
Work at Centrecorp Management Services Limited
Currently, Ali Asad serves as a Corporate Accountant at Centrecorp Management Services Limited, a position he has held since 2017. His responsibilities include managing the construction accounting process from pre-development to the start of commercial operations. He oversees compliance with statutory and regulatory reporting requirements for various government agencies, including the IRS and CRA. Additionally, he prepares complex consolidations for quarterly financials and ensures timely payments related to asset management and development fees. Ali also monitors cash flow activities and prepares distributions for investors, maintaining preferred returns schedules.
Education and Expertise
Ali Asad has a solid educational background in accounting and finance. He earned a Bachelor’s Degree in Commerce with a focus on Accounts and Finance from the University of the Punjab, Lahore, from 2006 to 2008. He furthered his education by obtaining a Master of Business Administration (M.B.A.) in Finance from COMSATS Institute of Information and Technology between 2008 and 2010. In 2015, he achieved a Canadian Security Certificate from the Canadian Securities Institute. Since 2020, he has been studying at Chartered Professional Accountants of Canada (CPA Canada) to enhance his professional qualifications.
Previous Work Experience
Prior to his current role, Ali Asad gained valuable experience in various accounting positions. He worked as a General Accountant at Centrecorp Management Services Limited from 2015 to 2017. Before that, he was employed at Gatestone & Co. as an Accounting Receivable Clerk for three months in 2015. His earlier experience includes a year as a General Accountant at Excel Labs (Pvt) Ltd in Pakistan and three years as an Assistant Accountant at Nayatel Pvt. Ltd. These roles provided him with a diverse skill set in accounting and financial management.
Key Responsibilities
In his role as a Corporate Accountant, Ali Asad is responsible for several critical financial functions. He prepares capital account analyses and tax working papers for both Canadian and US tax returns. His work involves valuing intangible assets and liabilities during the acquisition of commercial properties. He also manages cash flow activities and prepares distributions for investors, ensuring compliance with financial regulations. His expertise in handling complex consolidations for quarterly financials is essential for the financial health of the organization.