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Firm Profile
Delivering value
LMKG Management Consultancy Exchange Tower, Office no 1202 Business Bay, Dubai United Arab Emirates Landline: +971-4 564 5761 Phone: +971-529470997 Email: [email protected] Web: www.lmkgconsultants.com
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Contents
Our Values
The Firm
Leadership and Human Capital
Key Strategy Principles
VAT
Accounting Consultancy
Management Consultancy
Enterprise Risk Services
Business & Financial Advisory
Organizational Restructuring
Technology Transformation & Business Automation
Contact us
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CORE VALUES
LMKG has earned its remarkable reputation by focusing on the 3 core values which
define and shape our company
It is about following ethical values and being honest & sincere in providing our service. As the saying
goes, Integrity is about doing the right thing even when nobody is watching.
It is the effort and action that counts, at LMKG we not only say that we commit rather we prove our
commitment through our excellent execution of work and turning the promise into a reality.
Each consultant’s years of professional experience is accumulated together to give shine to the excellence
in all the areas of practices that we provide to our clients.
Integrity
Commitment
Excellence
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The Firm
LMKG has the objective of
providing their clients with the
capability of furnishing a broad
spectrum of accounting, taxation,
financial advisory, book keeping
and management services on an
efficient and cost-effective basis
across the Middle East.
LMKG is VAT, Accounting and Management
Consultancy Firm based in Dubai, UAE.
Blossomed and nurtured in the emerging
Business Capital of the world.
LMKG was founded by a Group of
professionals who are highly qualified and
experienced from Big Four Chartered
Accountant Firms, with the objective of
providing their clients with the high quality
of VAT, accounting, financial & risk advisory,
Valuation Services, bookkeeping and
management consultancy services.
We are providing professional services
through the expertise of its professional
teams that cater to the needs of a wide
spectrum of clientele from individuals to
large organizations and takes care of multi-
disciplinary practices.
Our aim to provide due diligence with care
has enabled us to serve a diverse range of
clients ranging from small family-owned
businesses to large multinational
conglomerates.
Our firm has a workforce of qualified and
trained professionals includes’ Tax
Consultants, Financial Analysts, Internal
Auditors, Accountants, IT experts and other
technically qualified persons.
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Leadership & Human Capital
Manzar Sanpal
Managing Partner
Manzar is Certified Finance & GCC VAT Professional. He started his career working with KPMG. He has over 12 years’ experience, of
which 6 years had been spent working in the Middle East region. A skilled financial analyst; possesses extensive grasp of corporate financial
planning, taxation, reporting and budgeting, treasury & cash management, financial drivers, risk management and corporate
governance. He has also expertise in auditing, internal control, corporate compliance, financial & management reporting, financial analysis,
treasury management and process change management. His tax and advisory experience includes accounting and transaction advisory
services including due diligence reviews, feasibility studies, valuations, financial and operational consulting assignments, IFRS technical
assistance, dealing with complex accounting and special audits.
Habib Ur Rehman –
Director Technology & Risk Management.
Mr. Habib has brought an extensive public and private sector experience. He is a Chartered Accountant and Chartered Public Finance
Accountant. He completed his mid-career master’s in Public Financial Management from Sanford School of Public Policy as World
Bank Scholar. He is also alumni of executive education of Georgia State University and Harvard University. He is also serving on the
roasters of UNDP and IMF and has been honoured with several recognitions including Honor Award, Eagle Award, and Meritorious
Honor Award (One of the biggest civil awards of U.S Government).
He started his career with Price Waterhouse Coopers in assurance, risk management and consulting services. He provided transaction
advisory on complex tax and restructuring issues to MNCs. Later, he joined U.S Government and worked there as Sr. Financial Advisor
for several years. He worked with Ministries of Finance on restructuring strategic financial planning and budgeting, established internal
audit functions, built capacity of public procurement regulatory authorities, strengthened operations of Supreme Audit Institutions, and
worked on improving government accounting and controls. He conducted several country risk tax assessments and designed risk
mitigation frameworks for governments and private sector. He also served as Subject Matter Expert on ICT and business automation
for various projects. Habib has provided these contributions in more than 7 countries in South Asia, Africa, Middle East, Central Asia,
and North America regions. He also served as Public Financial Management consultant in D.C. He has conducted an extensive research
in the area of Public Financial Management, Tax Policy, and Public Private Partnerships during his academics at Sanford School of
Public Policy. He has also contributed, through his research papers, to renowned international journals on Economics and Finance.
Imran Razaq
Director VAT
Imran is a Director VAT Service. He is an associate member of the Institute of Chartered Accountants of Pakistan. He has over 10 years of professional experience in multicultural environment including five years in taxation, financial and risk advisory domain during his association with KPMG. A skilled financial analyst; possesses extensive grasp of corporate financial planning, reporting and budgeting, treasury & cash management, financial drivers, risk management and corporate governance. He has also expertise in auditing, taxation, internal control, corporate compliance, financial & management reporting, financial analysis, treasury management and process change management.
Maryam Tahir
Director Advisory Services, UAE
Maryam is a Director Advisory Services in our United Arab Emirates office. She is an associate member of the Institute of Chartered
Accountants of Pakistan. She has over 9 years of professional experience with proven track record in the areas of financial modelling,
internal auditing, planning & monitoring, valuation services, commercial finance, financial reporting, accounting and advisory services.
She has an exposure of multicultural environment including five-year experience with KMPG. She served various positions in different multinational companies which covered the areas of corporate finance, management accounting and auditing
Abdul Hayee Rana
Manager Advisory Services
Hayee is a Manager Advisory Services in our United Arab Emirates office. He is a member of the Association of Chartered Certified
Accountants-UK, member of Institute of Public Finance Accountants-PAK, member of United Arab Emirates Chartered Accountants-
UAE and Certified Internal Control Auditor-USA.
He has more than 05 years of professional experience in the accounting, financial and risk advisory domain during his association with
Deloitte and KPMG. He has worked with various listed and private companies operating in different sectors including Oil and Gas,
Power, Financial Institutions, Construction, Manufacturing, Food and Beverages and Service Industry.
He has in-depth knowledge of IFRS, preparing internal controls framework, organizational risk management processes and preparing
polices and procedure.
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Key Strategy Principles
Applying the best practices and corporate governance discipline
Working with highly qualified, lean management teams and outsourcing, guiding and controlling support and delivery functions
Applying thorough investment analysis and balanced, risk mitigated strategies
Exploring and implementing horizontal and vertical integration, using spin-off opportunities, diversify geographically
Our appreciation of our client's
interests, evidenced by meeting their
requirements and insuring high
quality work, is the prime directive
of our management. Our growth and
profitability are maintained through
innovation and adaptability to all our
markets. Our profitability is directed
towards sustaining growth and to
providing satisfactory returns to our
customers.
"Our eyes have always been trained on the
future"
Strategic Thinking
Quality Oriented Attitude
Customer Centric
Approach
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Our Services In both challenging and favourable economic conditions, organizations endeavour to be smart,
agile, creative and forward thinking. LMKG provides deep technical knowledge and extensive
industry experience to assist clients in addressing business issues.
Services
VAT Consultancy
Management Consultancy
Enterprise Risk Services
CFO Support Services
Technology Transformation
& Business Automation
Business & Financial Advisory Services
Accounting Consultancy
LMKG is registered in UAE ideally
situated to serve our clients in the
GCC. Our Consultants offer
tailored, innovative and
comprehensive solutions for
specific client business needs that
may not require the expression of
opinions based on professional
standards.
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VAT Consultancy
Compliance related services: Registering with VAT authorities and compliance with the laws and regulations
Computation of tax liability, preparation and filing of monthly/annual statements
Filing of tax returns, certificates etc.
Indirect tax compliance support/outsourcing
Preparations of customized compliance manuals on VAT.
Centralized coordination for tax payments, filing of returns & compilation of documents
De – Registration
Voluntarily disclosure
Opinion on indirect tax issues.
Formulating indirect tax efficient business models
Undertaking comprehensive reviews of business operations
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Accounting Consultancy
&
Fixed Assets Management Our professionals have a track record of working with companies to achieve consistency in their financial
accounting and reporting policies and practices.
We can help companies in the following areas:
Accounts updation on periodical basis
Financial accounting system design &
implementation
Setting up of accounting procedures
Supervision and review of financial accounting
records
Types of support services provided by us include:
Supporting management in the roles of controller,
finance manager, accountant or book keeper
Assisting in the review of control gaps
Providing training on Accounting Standards Implementation and compliance
Implementation of IFRS
Accountancy Services
Finance function
resourcing
Setting up of accounting procedures
Financial accounting
system design &
implementation
Maintainance of Accounts on
periodic basis
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Management Consultancy Multidimensional and Collaborative
“You want to be the
best”
Considering the quantum
of development currently
going on, both in public and
private sectors, we are
offering a wide range of
advisory services utilizing
our experience and global
best practices for effective
optimization of the whole
development effort.
Consultants from LMKG
can help you to plan, grow
and structure your business
to address the key issues.
Business Consulting team
can helps solve major
business challenges in
creating growth, reducing
cost, strategic planning and
improving operational
effectiveness
Based on LMKG experience and
knowledge, we offer various services
which enable you to evaluate, architect,
implement and sustain in today
competitive growing environment.
We are also offering following services:
Business structuring
Company formation &
Business setups
Business Management
& Advisory Service
Feasibility studies &
Market Research
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Enterprise Risk Services
Why Enterprise Risk Management
Effective governance is a critical aspect of a successful business: it supports management in
delivery of the strategy, managing costs, attracting investment, making better decisions and
responding to risk. There has never been more focus on how organisations identify and manage
risk. From regulators to investors to senior executive management, companies are under pressure
to be able to clearly articulate how they identify the principal risks to their businesses and how they
ensure these are being managed within their risk appetite.
Balancing Risk and Return
Companies need to take risks to create value, and manage risks to protect value. There is a range
of ‘optimal risk taking’ which supports maximum return – ‘the Sweet Spot’ – and effective risk
management is about ensuring that the risks an organisation takes are the right ones and that they
are appropriately managed. Top‑quartile companies are focused on operating in the Sweet Spot by
‘risk‑intelligent’ decision‑making – i.e. by measuring and managing key risks effectively and
efficiently in the context of decisions both taken and not taken.
Return Level
Risk Level
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Enterprise Risk Services (Continued)
The Risk Management Process
Identify Risks: The risk (or event) identification process precedes risk assessment and produces a
comprehensive list of risks (and often opportunities as well), organized by risk category (financial, operational, strategic, compliance) and sub-category (market, credit, liquidity, etc.) for business units, corporate functions, and capital projects. At this stage, a wide net is cast to understand the universe of risks making up the enterprise’s risk profile. While each risk captured may be important to management at the function and business unit level, the list requires prioritization to focus senior management and board attention on key risks. This prioritization is accomplished by performing the risk assessment
Develop Assessment Criteria. The first activity within the risk assessment process is to
develop a common set of assessment criteria to be deployed across business units, corporate functions, and large capital projects. Risks and opportunities are typically assessed in terms of impact and likelihood. Many enterprises recognize the utility of evaluating risk along additional dimensions such as vulnerability and speed of onset.
Assess Risks: Assessing risks consists of assigning values to each risk and opportunity using the
defined criteria. This may be accomplished in two stages where an initial screening of the risks is performed using qualitative techniques followed by a more quantitative analysis of the most important risks.
Assess Risk Interactions: Risks do not exist in isolation. Enterprises have come to recognize
the importance of managing risk interactions. Even seemingly insignificant risks on their own have the potential, as they interact with other events and conditions, to cause great damage or create significant opportunity. Therefore, enterprises are gravitating toward an integrated or holistic view of risks using techniques such as risk interaction matrices, bow-tie diagrams, and aggregated probability distributions.
Prioritize Risks. Risk prioritization is the process of determining risk management priorities by
comparing the level of risk against predetermined target risk levels and tolerance thresholds. Risk is viewed not just in terms of financial impact and probability, but also subjective criteria such as health and safety impact, reputational impact, vulnerability, and speed of onset.
Respond to Risks: The results of the risk assessment process then serve as the primary input to
risk responses whereby response options are examined (accept, reduce, share, or avoid), cost-benefit analyses performed, a response strategy formulated, and risk response plans developed.
Identify
Risks
Develop Assessment
Criteria
Assess Risks
Assess Risk Interactions
Prioritize
Risks
Respond
to Risks
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Business Advisory Services Technical and Innovative
We help our clients from strategy to transactions and beyond. We bring an in-depth professional
experience and an impeccable track record of achievement’s. We have experience and have worked
in many financial assignments relating to all major industrial sector.
Our advisory team can also help you in the following activities:
Business Valuations, Financing Arrangements, Restructuring of Financial Transactions, Working
Capital Management Solution, Financial modelling & Financial Projections.
In Financial Advisory,
we provide a diverse
range of strategic and
financial advice to
clients in relation to
corporate finance,
valuation and other
corporate activities
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CFO Support Services Financial and Accounting
We offer highly qualified and experienced CFO’s at your disposal and only when you need it. You
control when the tap is turned on and when the tap is turned off, keeping your fixed costs to a
minimum.
LMKG’s CFO (Chief Financial Officer) support team is fully equipped to deliver the CFO support
services where time and efficiency is critical. With extensive experience on multiple projects across
industries, our highly experienced team will work closely with you in providing seamless and
integrated services.
Have you identified a need for a CFO but are concerned about the additional cost of the
right calibre of person, the short-term nature of the need or being able to retain that person
after hiring?
REASON OF HIGH LEVEL FINANCIAL MANAGEMENT
Businesses face an increasingly competitive, complex operating environment and much heavier demands placed on it by regulatory & compliance legislation. This, coupled with the increasingly technical nature of global accounting standards, mean that many businesses find they need access to high-level financial management but simply do not have the critical mass to justify hiring their own CFO or to incur the fees of the ‘Big Four’ accounting firms to support them. Others find the short-term nature of the requirement makes hiring a CFO impracticable. We offer flexible and professional financial management, tailored to the needs of your business at a price that your business can justify.
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HOW THE CFO SUPPOERT SERVICE WORKS
Our allocated CFO can carry your company’s business card if you wish and represent your
company at important meetings with investors, banks, clients, suppliers etc. To the outside world
your LMKG CFO will appear as one of the team – no different from your full-time employees.
TYPES OF BUSINESSES THAT WILL BENEFIT FROM OUR CFO SUPPORT
Start-Up and Growing Companies
Mature SME’s experiencing challenging circumstances
The risks of not having a CFO
The lack of CFO expertise and capability in a business can lead to:
Inefficient and weak processes
Wasted effort
Loss of investor and client confidence
Critical resources not being available when required
Missed business opportunities and misguided decisions
Loss of revenue
Exposure to unnecessary legal or tax risks
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Technology Transformation and
Business Automation Technology Advancement and Process Automation
Technology transformations are inevitable for business growth. Businesses around the world are
investing heavily in technology for cost cutting, innovation, competitive advantage, timeliness, and
information security. With technology transformation and automation, new risks arise. Hence, new
set of controls are needed. Business automation is a challenging area for organizations. If managed
correctly, it can lead to significant advantages, but if done incorrectly, it can result in major financial
loss, inefficiency, and loss of competitive advantage. Hence, it is imperative to have a well-managed
Technology Strategy that is implemented properly using the right technology solution that is
continuously monitored. Meanwhile, technology risks must be assessed and managed to ensure
the maximum return on investment.
At LMKG, we are a team of highly skilled functional and technical consultants that makes sure
that in-depth analysis is carried out before devising a technology strategy for any business. The
team strives hard in reaching a decision for recommending an appropriate IT solution to it clients.
These solutions are implemented according to world class implementation methodologies and
standards. The team employs complex tools and frameworks to mitigate technology and business
risks during these implementations.
Our Services
IT and Information System Security Strategy
Enterprise Resource Planning (ERP) Implementation
System integration / upgradation
Business Intelligence
System Validation / Assurance
Data Migration
Support Services
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Our Standard Methodology
LMKG deploys ASAP methodology for all implementations. Though this methodology was
originally designed for SAP implementations, but we widely use it for non-SAP implementations
as well. This is a comprehensive methodology and each phase of implementation is customized to
the individual needs of our clients.
Our Products
Enterprise Solutions
SAP for Large Enterprises (A1)
SAP B1 HANA (for SMEs)
SAP B1 cloud solution
SAGE 300
Sage X3
Enterprise Mobility
Analytic Solutions
SAP Business Objects (BI)
Enterprise Performance Management
Governance Risk and Compliance solution
SAP Add-ons
Employee Self Service
Quality Control
Asset Maintenance
Document Management System
3 S Dealership
HR and Payroll
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Please Write at:
www.lmkgconsultants.com
Or Make a Call:
+971 (0) 529470997
+971 (0) 45 645761
Follow us:
Exchange Tower, Office no 1202 Business Bay, Dubai United Arab Emirates Landline: +971- 45 645761 Mobile: +971- 52 9470997 Email: [email protected] Web: www.lmkgconsultants.com
