Muhammad Sohaib
Executive - Costing & Budgeting at Young's (Private) Limited- Claim this Profile
Click to upgrade to our gold package
for the full feature experience.
Topline Score
Bio
Credentials
-
Associate Member of PIPFA
Pakistan Institute of Public Finance Accountants (PIPFA)Jun, 2023- Oct, 2024
Experience
-
Young's (Private) Limited
-
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 -
Government National College Karachi
Pre-Engineering, Engineering