M Ayyaz Rasul Rana

Head Of Finance at Eco Gasoline (Pvt.) Limited
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Contact Information
us****@****om
(386) 825-5501
Location
PK
Languages
  • English -
  • Urdu -

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Credentials

  • Certificate in Management Accounting (Fundamental Level & Graduation Level)
    Institude of cost & Management Accountants of Pakistan

Experience

    • Pakistan
    • Oil and Gas
    • 1 - 100 Employee
    • Head Of Finance
      • Aug 2019 - Present

    • Manager Finance & Accounts-OMC
      • Aug 2018 - Aug 2019

    • Pakistan
    • Chemical Manufacturing
    • 100 - 200 Employee
    • Finance Manage -OMC
      • Aug 2017 - Jul 2018

      OMC NOC’s approval form concerned departments for Bulk Oil Storage. Dealing with Banks for OMC Project Financing, L/C ( Local & Import) Facilities and Lease facilities for Company Own Feet Team Lead for construction of OMC Bulk Oil Terminal & allied matters ERP development for OMC . Project planning & Reporting to management for all legal & Financial affairs. Finalization of Monthly /Annual Financials of associated group companies ( Faras Combine marketing (Pvt) Ltd, Faras Fertilizer Company (Pvt) Ltd, South Chemicals (Pvt) Ltd.. Team Lead for Construction Planning of 8000 MT Bitumen Storage Facility at Port Bin Qasim.. Show less

    • Manager Finance & Taxation
      • Feb 2009 - Jul 2017

      •Deal with the Banks and financial institutions regarding the project financing, running finance, Bank Guarantee, and Letter of Credit facilities and Auto Lease, Sale and Lease back Finance facility for group of the companies •Monitoring daily funds position to ensure their adequacy for optimum utilization of cash and bank resources. •Monitor and prepare short term funding requirement reports and raise flags accordingly. •Preparation of movement summary and complete analysis of working capital. •Preparation of Carriage companies monthly and fortnightly claim of Carriage Bills from OMC. •Preparation of Monthly and annual financial Statements of group of companies. . •Dealing with insurance companies for Fire, Marianne, Stocks & Product Insurance Company fixed assets. •Transfer of the funds to Refineries / OMC’s keeping in view the demand of the POL products all over the Pakistan. •Liaison with Pak Arab Refinery (PARCO) Attock Refinery Limited (ARL), HASCOL Petroleum Limited, Byco Refinery and PSO, GO, & Chevron for procurement of POL Products. •Helped in the audits whether internal and external and the special audits if any assigned by the Management. •Maintaining the Receivables of the company’s and follow-ups reports to the management. •Management of Finance, Accounts, Taxation, and Legal functions of group of companies. •To Organize Board Meetings, Shareholder Meetings and comply Corporate requirements •Preparation of Statutory and Management Accounts •Management of External Audits, Reviews and other Statutory Reporting •Management Reporting of Company Performance to CEO •Development and Monitoring of Internal Control Systems at Group level •Ensure Implementation of Control Systems and Statutory Compliance at all affiliates •Review of Oracle based ERP modules for identification of Control & ERP implementation. Show less

    • Finance Manager
      • Jan 2007 - Jan 2009

      During my work experience at Madni Gas (Pvt) (Ltd), I have rendered my services in the following key areas. •Approval of all daily vouchers & LGP Inventory receiving & Dispatch Records. •Prepared Monthly Financial Statements and reporting to Chairman. •Statutory Compliance with Corporate Laws & dealing with External Auditors for companies Annual Audit. •Deal with Carriage Carrier Companies regarding booking of Bowsers for different transportation of LPG from different PARCO, Dohdak, JJVL and Others LPG Companies. •Deal with Government departments like Income Tax and Sales Tax Department for Refund and Audit. •Deal with banks for Financing and Financial transactions. •Deal with Companies OPI, Lub Gas, Mehran Gas, Noor Gas, Pro Gas and Fan Gas for LPG Hostility and LPG Procurement. •Deal with LPG companies for Carriage & Distributaries functionary. •Deal with the different Government Organizations & Associations like APLPA, WAPDA, OGRA, Environment and Explosive Department. Show less

    • India
    • Real Estate
    • Manager Accounts & Taxation
      • Jun 2003 - Dec 2006

      During my work experience at Shiwalik Graphic Industries, I have rendered my services in the following key areas: •Complete documentation for Import of Secondhand Offset Printing Machinery. •Customer Clearing and forwarding Services from Custom Agents. •Managing Transportation for import and Delivery of Reconditioned offset Machinery. •Maintenance of Stores & Inventories Records. •Costing for repairs and reconditioning of machinery Job wise. •Preparation of Monthly accounts & Payroll. •Offered best competitive prices along with the introduction of product range to the esteemed customers. •Follow up of customer’s orders and resolving production and client related matters. •Conducted business meetings and interacted between client and management. •Finalization of Personal Taxation, Sales tax monthly filling and .Sales tax and Income Tax Refunds & Audits. •Arrangement of Accessories and Raw materials to ship the machinery within shipment date. •Book Keeping and Daily vouching. Show less

    • Accountant
      • Jun 2002 - May 2003

      During my working experience at KSC, I have rendered my services in the following key areas: •Organizational value addition through induction of new clients from Local Markets. •Offered best competitive prices along with the introduction of product range to the esteemed customers. • Follow up of customer’s orders and resolving production and client related matters. •Conducted business meetings and interacted between client and management. •Pricing and introducing the product range. •Arrangement of Accessories and Raw materials to ship the goods within shipment date. •Book Keeping and Daily vouching. Show less

    • Account Executive
      • Aug 2001 - Feb 2002

      Brief Job Description : •Payroll, Bank Reconciliation •Contract Payment •Daily Stock Reporting •Payroll , Over Time and , Extra Payment •Monthly Stock Taking • Interaction with Internal /External Auditors Brief Job Description : •Payroll, Bank Reconciliation •Contract Payment •Daily Stock Reporting •Payroll , Over Time and , Extra Payment •Monthly Stock Taking • Interaction with Internal /External Auditors

    • Auditor
      • Jun 1997 - May 2001

      During my work experience at M.Almas & Co – Chartered Accountants, I have rendered my services in the following key area:  Audit & Assurance • Supervising the audit of various companies of different sectors. • Expertise in external audit in various sectors. • Have prepared the projected financial statements for the purposes of cash flow and resource planning and assessing the finance needs for the company. • Finalization of financial statements of various entities of different sectors.  Non – Profit Organizations: NGOs, Hospitals, Trust and Educational Institutes.  Taxation • Registration of sales tax and income tax of companies, AOPs and Individuals. • Filling of monthly and annual withholding income tax statements. • Filling of monthly sales tax returns. • Filling of annual income tax returns and wealth tax statements. • Filling of Appeals against the order of tax authorities. • Correspondence with tax authorities regarding compliance. • Preparation of income tax and sales tax Notices.  Corporate and Secretarial Practices. • Registration of trademarks, Copy Rights and other Corporate and Secretarial requirements. • Deals in the incorporation of the different companies and preparation of Memorandum of association (MOA) and Articles of Association (AOA). • Filling of Statutory Returns Form A and Form 29. • Preparation and submission of different reports as [per SECP and statutory requirement. • Share Capital variation , Issuance, Transfer , Gifts Show less

Education

  • Institute of Cost and Management Accountants of Pakistan (ICMA Pakistan)
    Certificate in Management ( Fundamental Level & Graduation Level )
    2016 -
  • Pioneer Institute of Research & Skills Advancement, (PIRSA) , Lahore
    Master in Business Administration ( Finance), Finance
    1998 -
  • University of the Punjab, Lahore
    Bachelors in Commerce, Bachelors in Commerce
    1995 -
  • Government Collage , Sahiwal
    F.Sc ( Pre- Engineering ), Pre-Engineering
    1992 -

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