Muhammad Sohaib

Executive - Costing & Budgeting at Young's (Private) Limited
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Contact Information
us****@****om
(386) 825-5501
Location
Karāchi, Sindh, Pakistan, PK

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Credentials

  • Associate Member of PIPFA
    Pakistan Institute of Public Finance Accountants (PIPFA)
    Jun, 2023
    - Oct, 2024

Experience

    • Pakistan
    • Food and Beverage Services
    • 300 - 400 Employee
    • Executive - Costing & Budgeting
      • Jul 2022 - Present

      • Comprehensive analysis of material-related aspects, including price,cost, wastage, inventory, and variance, to provide valuable reportinginsights. • Monthly review of planned cost and activities, analyzing division and SKU-wise profitability along with Identification and explanation of reasons for changes in contribution margin. • Conduct thorough review of product costs, to release accurate costestimates and optimize cost management strategies for enhancedprofitability. • Execution of Planning and Budgeting processes in coordination withkey stakeholders and HOD. • Incorporate detailed analysis of bills of materials (BOM) for enhancedcost management and decision-making. • Ensure accurate FA Register, CWIP, and conduct monthly stockcounts to optimize financial management. Show less

    • Senior Officer - Costing & Budgeting
      • Nov 2021 - Aug 2022

    • Tax Officer
      • Jan 2021 - Jan 2022

      • Monthly Sales Tax Return Filling (Annexure A, B, C, D, I & Apportionment).• Refund Working• Working on Advance Tax US 147• Monitoring WHT Statements• Carrying out tax researches & summarize tax findings.• Corporate Tax Compliance (FBR / SRB)• Monthly Filing of Sales Tax WHT Agent Statements (FBR, SRB & PRA).• Handled various request of managers & directors other than underlined tasks.

    • Finance Executive (MTO)
      • Oct 2020 - Jan 2021

      • In charge of Import Payments (LC Sight/Usance, Contract Sight/Usance).• Ensuring integrity & Accuracy of Local Payments.• On demand Stock Reports• Co-ordination with Banks & third-party Clearing Agents.• On request reports for directors & Managers• Ensuring that payments to vendors are processed within agreed terms.

  • Aero Club (G) LTD
    • Karāchi, Sindh, Pakistan
    • Account Officer
      • Sep 2018 - Nov 2019

      • Maintaining tight financial control of expenses. • Conducting meetings with the company’s bankers and financial backers. • Managing relationships with auditors at an operational level. • Ensuring Invoices & Receipts recording and ensuring payment. • Controlling budgets and expenditure and driving change from within. • Providing insightful reporting and commercial analysis to support Senior Manager decision making. • Maintaining tight financial control of expenses. • Conducting meetings with the company’s bankers and financial backers. • Managing relationships with auditors at an operational level. • Ensuring Invoices & Receipts recording and ensuring payment. • Controlling budgets and expenditure and driving change from within. • Providing insightful reporting and commercial analysis to support Senior Manager decision making.

Education

  • Institute of Cost and Management Accountants of Pakistan (ICMA Pakistan)
    ACMA, Finance, General
    2017 - 2021
  • Government National College Karachi
    Pre-Engineering, Engineering
    2015 - 2017

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