Meekal Ali

Head of Accounts & Finance at Ricult
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Contact Information
us****@****om
(386) 825-5501
Location
Lahore, Punjab, Pakistan, PK

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Muhammad Ilyas

I am writing to highly recommend Meekal for any position in the accounting and audit industry. I have had the pleasure of knowing Meekal both professionally and personally, and I can attest to his exceptional skills, dedication, and expertise in this field. Meekal is an outstanding professional with a wealth of knowledge in accounting and audit. He possesses excellent analytical skills, attention to detail, and a deep understanding of financial systems and processes. He has an impressive track record of delivering accurate and timely financial reports, ensuring compliance with regulatory requirements, and identifying and mitigating risks. Meekal's strong work ethic, dedication, and commitment to excellence have made him an invaluable asset to his clients and colleagues. He consistently goes above and beyond to ensure that his work is of the highest quality, and he is always willing to lend a helping hand to his colleagues. Meekal is also an excellent communicator and collaborator. He is adept at building strong relationships with his clients, stakeholders, and colleagues, and he is always willing to share his knowledge and expertise to help others succeed. In summary, Meekal is an exceptional accounting and audit professional with a proven track record of delivering excellent results. He is a true asset to any organization, and I highly recommend him for any accounting or audit leadership position.

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Experience

    • United States
    • Financial Services
    • 1 - 100 Employee
    • Head of Accounts & Finance
      • Feb 2021 - Present

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    • Pakistan
    • Financial Services
    • 1 - 100 Employee
    • Head of ERP & HR
      • Nov 2019 - Feb 2021

    • United States
    • Financial Services
    • 1 - 100 Employee
    • Head of Accounts & Finance
      • Jun 2018 - Oct 2019

    • Pakistan
    • IT Services and IT Consulting
    • 1 - 100 Employee
    • Manager Accounts & Finance
      • Oct 2016 - Jun 2018

      As manager, I am responsible for financial management strategy, in addition to the strategic component also charged with developing and implementing more sophisticated policies and procedures both in finance and general operational realms. Following are my other main responsibilities: IN ERP IMPLEMENTATION - Conduct a risk assessment on the controls that is present in the enterprise and new processes designed with the motive of mitigating the risks and also enforced that controls in the ERP. - Restructure business processes and workflows without affecting the financial inflows. - Taking part in the development of long reach strategies for successful development of ERP within deadlines. - Work closely with the implementation team and represent company in the planning, testing and delivery of a new ERP system. - Bringing out task plans for ERP improvements. IN FINANCIAL OPERATIONS - Responsible for creating, redesigning and maintaining financial management processes as well as develop and maintain internal control and effective accounting system and policies for the set up. - Report on periodic variances and their causes, focusing in particular on spending variances. - Review & approve vouchers. IN STORES & LOGISTICS - Establish a department for claim management with all its standard operating Procedures (SOPs) and also ensure its implementation and make it successful & operative. - Establish a one window department for saleable products dispatch to & received from all over Pakistan and define procedures for logistics. - Revamp policies relevant to claims arrangements. - Devise ways to optimize inventory control procedures - Inspecting the levels of business supplies and raw material to identify shortages - Ensuring product stock is adequate for all distribution channels and can cover direct demand from customers. - Develop inventory related bench marks and then ensure compliance by implementing that bench marks i.e. inventory levels, inventory days etc. Show less

    • Manager Accounts & Finance
      • Jan 2015 - Oct 2016

      Main responsibilities were: - Make and present operating and capital expenditure budgets for review and approval by the Board. - Make feasibilities to assess the viability of new projects. - Prepare monthly, quarterly, bi-annually & annually financial statements and their analysis with budgets. - Monitor compliance with generally accepted accounting principles, corporate laws, taxation laws and company procedures. - Responsible for accurate and legal financial practices and reporting. - Supervise and manage employees in the accounts department. Show less

    • Senior Audit Associate
      • Dec 2010 - Dec 2014

      During articleship period I was involved in the following consultancy provision, external audits and limited scope review assignments apart from performance of fieldwork: - Conduct of statutory audits, internal audits and designing the system of internal controls. - Quality control review of audit working paper files, planning and development of work methodology and work programs. - Assessment of the financial statements in order to ensure their compliance with the requirements of the local laws, Regulation and International Financial reporting Standards (IFRS). - Holding meetings with client personnel to resolve issues and removal of the expectation gap, providing assistance to companies in the preparation of the financial statements under local statutory framework. - Assessment, review and verification of sale and purchase procedures, revenue recognition, budgets, grant income, audit checklists, payroll activities, production cycle, fixed assets, stores/stock in trade valuation, finances, accounts receivables, accounts payables, cash and banks, investments, deferred taxation, provisioning, and related parties transactions to ensure compliance in each area in accordance with International Accounting Standards and International Auditing Standards. - Assessment and verification of compliance with management policies, best practices of code of corporate governance and other legal and regulatory aspects. - Based on performance of tests of controls and substantive procedures, highlighting the issues and preparation of other deliverables, such as management letter identifying control weaknesses, its implications and recommendations for improvement in accounting and internal control systems. Show less

Education

  • Institute of Chartered Accountants of Pakistan
    C.A., Accounting and Finance
    2007 - 2014

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