Saqib Advani
at Fashion Knit Industries- Claim this Profile
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Bio
Experience
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Fashion Knit Industries
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1 - 100 Employee
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May 2020 - Present
The hands-on experience of preparing overdraft and forex position.Follow-ups of long term and short term financing facility application from various banks.Deals in Islamic mode of financing (Murabaha,Istisna, Musawwama) with various banks.Prepare schedule of loan re-payment with the co-ordination of Finance Manager. Follow-ups with bank of annual agreement for finance facilities (BBFS).Monitor the day-to-day financial operations.Making Real time gross settlement (RTGS) transfer letters.Reconciliation of running finance bank accounts on monthly basis.Export documents discounting and stock report of banks. Show less
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Feb 2015 - May 2020
Prepare documents of Financing for purchase of Raw Cotton & Imported Cotton LC and Yarn.Reconcile Cotton Parties Ledger and close it seasonally.To maintain stock of raw cotton and verify with concern department on regular basis.Prepared Costing Sheet of Imported Cotton & Polyester YarnPerform annual physical cotton/yarn audit in warehouse as per requirement.
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Export Manager
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Oct 1997 - Jan 2015
To manage & supervise Import / Export Department & Logistics. To make sure all the Export documents are in order & are as per L/C clauses. To Coordinate with the bank(s) for L/Cs’ & documentation. Filing of Returns (EE,EF) Imports (L/c , Clearance , Custom Doc’s) Coordination with Buying Agencies, shipping line/agent, custom, navigation. Follow up with the concerns on various issues related to shipping department. To manage & supervise Import / Export Department & Logistics. To make sure all the Export documents are in order & are as per L/C clauses. To Coordinate with the bank(s) for L/Cs’ & documentation. Filing of Returns (EE,EF) Imports (L/c , Clearance , Custom Doc’s) Coordination with Buying Agencies, shipping line/agent, custom, navigation. Follow up with the concerns on various issues related to shipping department.
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Education
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Karachi University
ACCOUNTS & FINANCE, Accounting and Finance -
Karachi University
Bachelor of Commerce - BCom, 2ND DIVISION