Experience

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  Ammico

  • Qatar

  • Finance Manager

    • Nov 2017 - Present
    • Qatar

    Amico is working as a construction group in the field of Foundation Engineering, Piling, Civil & Earthwork Contracts and covers MiddleEast with business locations at Qatar, KSA & UAE region.Head office is based in Qatar along with independent branches Saudi Arabia, Abu Dhabi & Dubai along with construction equipment/ tools manufacturing unit (HEMCO) in China. The position reports directly to the CEO of the company. Managed all the operational requirements of the projects including working capital management, banking operations, issuance of guarantees, issuance of letter of credit, invoice tracking including receivable follow-ups, conducting site visits to expedite the finance-related support, reviewing contracts identifying financial implications, conducting monthly financial reviews for project performance review. Kept a vigil and issue timely advice to project management regarding financial health of projects and to ensure good governance in such areas as funds management, commercial transactions, banking and treasury functions. Managed all project Budgets and established Cost controlling functions for the various projects. Coordinated with the clients for different project related issues including the timely recovery of receivables. Entrusted with the responsibility to ensure that Internal Controls works effectively and the control environment is adequate to enable the smooth functioning of the business. Project Closeout reports stating deficiencies & its reasoning. Annual Budget Preparation with the projections and in-progress projects. Finalization of Monthly Financial Statements for all Group companies and presentation to management. Coordinating with external & financial audits for procedural improvements Conduct internal audits and finalize statutory external audits of the Group companies as per IAS and IFRS. Participation in the Implementation of the new ERP (kingdee) in HEMCO China

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  KSB Pumps Company Limited

  • Pakistan
  • Industrial Machinery Manufacturing
  • 300 - 400 Employee

  • Manager Accounts

    • Jan 2014 - Nov 2017

    KSB Pakistan is an affiliate company of the world famous German KSB Group, which was founded in 1871. The KSB Group is among the leading companies in the field of Pumps and Valves with subsidiaries and affiliated companies all over the world. KSB Pakistan was established in July 1959 in Lahore. The production facilities at Hassanabdal were completed in 1964 and a full-fledged foundry was commissioned in the same premises in 1980The position reports directly to the Director Finance of the company. Compliance with accounting and financial policies, internal controls and procedures Preparation of Project Budgets, yearly budgets and quarterly forecast Coordination in the perpetual internal audit activities Management financial accounts preparation & its consolidations Coordination in the half yearly and year end external audits Statutory accounts preparation & its consolidations forms for KSB AG. Presentation of financial information in Project reviews with management Performance and profitability analysis, variances with budget and forecasts for monthly executive meetings Taking part in strategic planning and execution process of the Project Business with future prospects.  Participation in the testing and documentation in up gradation of SAP P6 to SAP HANA for SAP Finance and Controlling (FICO) modules as Power User Development and motivation of team.

  • Deputy Manager Accounts

    • Jun 2012 - Dec 2013

     Preparation of Monthly, quarterly, semi-annually and annually Accounts and all necessary financial statements which are required by the management. Financial Review of Projects through Project Analytical Studies. Closing Entries (Accruals, Tax, W.I.P etc.). Projects Monthly review of Actual costs v Budgeted cost and making sure that there are no cost overruns in the Projects. Managing the annual closing of accounts process and ensure that the statement of accounts are prepared in accordance with accounting standards and meets the statutory timetable.  Take the lead responsibility for advising the Management on accounting and financial reporting matters and in accordance with appropriate accounting and financial standards. Manage the arrangements for preparing the Departmental Budget report and in conjunction with the Chief Financial Officer the preparation of the annual revenue estimates. Recently involved in implementation of SAP P6 and my major roles are mentioned below:•Complete testing of the SAP with respect to the projects accounting functionality • Lead tester of the system • Lead Trainer for FI Module and Project Accounting in Head office.• Successful Data Migration and checking of all reports that system is providing desired results.  Actively involved in External Audit Activities annually and Semi Annually.

  • Assistant Manager Project Accounts

    • Nov 2010 - Jun 2012

     Handling Projects of KSB Pumps books of accounts and responsible for reporting. Responsible and supervise books of accounts for preparing financial statements monthly, quarterly, semi-annually and annually. Cost to budget analysis of all the projects and Responsible for monthly closings. Cash forecast flexible budget and Management Reporting and checking monthly. Maintaining the record of inventory according to the instructions & context of the sales act. Maintaining the actual record of inventory according to the requirements of the management. Prepare quarterly statements and other statements, which are Statutory requirements of departments and authorities.

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  Descon Engineering Limited

  • Namibia
  • Education
  • 700 & Above Employee

  • Incharge Accounts

    • Jan 2008 - Nov 2010

    Descon Engineering Limited is an integrated engineering services and manufacturing company operating in Pakistan and the Middle East. They are in the business of delivering client-specific solutions for projects related to Energy, Infrastructure & Process industry.  Maintenance of project accounts and reporting.• To maintain updated books of accounts in accordance with statutory regulations.• To expedite and ensure the timely generation of project accounts and cash flows on monthly basis and report project financial status on weekly basis. Project health monitoring and cost control• To compare and report on budgeted verses actual figures for each project on monthly basis.• Maintenance of accounting records and ensuring that projects are financially executed in accordance with company’s project management best practice.• Control and monitor respective business area expenditures in accordance with budgeted figures and achieve financial self-reliance in funding for development of future projects. Banking facilities and treasury functions.• To maintain banking facilities with financial institutions to facilitate smooth operations.• To arrange letter of credit, letter of guarantees, bid bonds, leases and other funded & non-funded facilities with banks.• To project future needs of banking facilities for next one year. Other functions• Responsible for all tax related issues including filling monthly returns.• Responsible for maintenance of fixed assessed records.

  • Accounts Officer

    • Jun 2006 - Jan 2008

     Responsible and supervise books of accounts & stocks as per following:- • Day Book (Daily Recording of Transactions) • Preparation of Vouchers • Posting in Ledgers • Posting in Respective Projects (Contract Wise) • Store Receiving & Inspection Reports • Store Requisitions / Store Return Notes Responsible for preparing financial statement as per following :- • Payable / Receivable Statements • Bank Reconciliation Statements • Monthly Cash Flow Statement (Projected up to One Year) • Trial Balance (Monthly Basis) • Profit & Loss Account (Project Basis) • Balance Sheet (Twice in a Year) • Monthly statement of withholding tax deductions. • Project Wise Budgeted & Actual expenses analysis • Foreign supplier’s commission statement (Quarterly Basis) • Other Financial Statements as per requirements of the supervisor.