Experience

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  National Food Industries Company Limited (LUNA)

  • Jeddah

  • Financial Controller

    • Jan 2006 - Present
    • Jeddah

    National Food Industries Company Limited (N.F.I.C), Jeddah, KSA NFIC produces Evaporated Milk, Cream, Cheese, UHT Milk, Beans, Peanut Butter & Tomato Paste. It has also Cans Production Lines.It's major Brand is ‘LUNA’.N.F.I.C ~ From January 2006 - PresentFinancial Controller (Reporting to C.F.O)From June 2013 – PresentMy major responsibilities are:Review of monthly financial results of NFIC & its subsidiary company.Involved in Procurement Process of Raw & Packing materials etcCoordination with concerned departments to minimize the working capital.Coordination with concerned staffs to reduce DSO.Coordination with concerned staffs to reduce inventory turnover days Review the preparation of Annual Budget/Plan Review products cost & selling prices in order to identify where management needs to take appropriate actions.Handling Credit Risk Insurance & PAR Insurance mattersConsolidation of Financial Statements of NFIC & its subsidiary companyHave been preparing Monthly Management Accounts for NFIC in pastAssessing risks exposures for the businesses & formulation of Internal controls, wherever applicable NFIC - Assistant Finance Manager (Reporting to C.F.O)From March 2012 – May 2013N.B.C.C -SAP Department (I.T. Shared Services department for NFIC & other HSA Group Companies in KSA) SAP FI Team Lead (Reporting to Project Manager)From March 2008 till February 2012 Responsible for SAP Financial Accounting Module (configurations and support)Involved in all phases of SAP Project Implementation in three group companies OKAM, NFIC & NBCCInvolved in Roll Out of SAP to UFC etc NFIC-Internal Auditor (Reporting to General Manager)From January 2006 till February 2008 I was the only person in internal audit section and was reporting to the G.MI was responsible for assessing various types of risks and establishing internal controls procedures.Liaison with external auditors

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  Agrolet Chemicals Industries (Pvt) Limited & Agrolet International

  • Lahore, Pakistan

  • Finance Manager

    • Jun 1998 - Oct 2005
    • Lahore, Pakistan

    Agrolet group deals in imports, formulation and distribution of Agro-Chemicals. Head Office was in Lahore, whereas Formulation plant was located in Industrial Area Multan. Warehouses were also located in Lahore and Multan. I was responsible for overall accounts/finance, income tax & sales tax matters of the Group.My major responsibilities being Manager Finance were:Preparation of financial statements Handling of Income Tax Audit & Sales (VAT) Tax audit without engaging any tax consultantDesigning and maintenance of internal control system in the head office and the factory/plant.Budgeting and variance accounting for direct and indirect costs.Monitoring and ensuring proper book-keeping in computerized environment. Checking of payments and journal vouchers regarding purchases etcEnsuring proper allocation of import related cost/charges to respective Letters of CreditPreparation of annual financial budget.Preparation of monthly and quarterly forecastsInternal Audit of plant and sub offices.Finalization of Monthly Input Tax Credit/Adjustment against output tax with reference to Sales Tax Return. Handling of Income Tax matters.Responsible for accounts/finance departments’ activities & its reporting to the Chief Executive. Liaison with banks for getting/renewal of credit facilitates/Usuance L/cs Limits and bank guarantees etcLiaison with insurance companies for lodgment of insurance claims

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  Akbar & Company, Chartered Accountants, Lahore,

  • Lahore, Pakistan

  • Article ship in an Audit Firm (Four Years practical training)

    • Nov 1992 - Oct 1996
    • Lahore, Pakistan

    During the four years article ship, I have worked on various assignments relating to Audit, Tax, Financial Accounting, Corporate Laws/Statutory Formalities in following types of industries;Textile & SpinningFood Ghee & Oil MillsChemicals IndustryPharmaceuticalsSports GoodsSurgical EquipmentPaper & Board