Experience

Denim-E

• Pakistan
• Textile Manufacturing
• 1 - 100 Employee

• Finance and Accounts Lead

  • Sep 2022 - Present

  - Lead the Annual Financial Audit & preparation of statutory accounts along with annual SECP filing. - Leading the successful implementation of ERP “ODOO” project. - Ensure monthly timely & accurate reporting of Financial Statement along with analytical reports to Higher Management - Evaluate cost elements including material, payroll, wastages, consumption, overheads and finance cost. - Manage cash flow, including cash flow forecasting, banking relationships, and short-term investment - Management of Tax matters in coordination with Tax consultants - Supervise matters of general insurance (Fixed Asset and Stocks) and health insurance (Staff) - Coordination with internal auditors and review their findings to ascertain any potential internal control risk. - Review inventory turnover and product groups margins. - Monitoring of accruals, vendor receivables/payables & other liabilities - Coordination with internal and external stakeholders - Coordinating with I.T. to improve processes Show less



Eden Apparels (Pvt.) Limited

• Sindh, Pakistan

• Manager - Finance & Accounts (ACE Galleria Division) at Eden Apparels (Pvt.) Limited

  • Oct 2021 - Sep 2022

  - Prepare and report monthly Financial Statement of my division along with analytical reports to Higher Management - Using MS Power BI for data analytics and branch-wise performance analysis - Review inventory turnover, product groups margins and sell through analysis - Monitoring of accruals, vendor receivables/payables & other liabilities - Management of Tax matters in consultation with Taxation Department - Monitor treasury and fund management of my division - Coordination with internal auditors - Coordination with internal and external stakeholders - Coordinating with I.T. to improve processes Show less



Gul Ahmed Textile Mills Limited

• Pakistan
• Textile Manufacturing
• 700 & Above Employee

• • May 2017 - Oct 2021

  Ultimately worked as Deputy Manager Finance and my responsibilities include to;- Prepare Consolidated Financial Statement of our group Companies and coordinate with External Auditors regarding Audit for the same.- Assist Manager Accounts in Annual Audit & preparation of statutory accounts- Supervise Account Receivable Section (i.e. monitoring and ensure timely recording of ; - Local and Export Customer receipts - Local and Export Sale - maturity of Local and Export Bill Discounting - Advance Income tax challans received from customer - Credit and Debit Notes - various miscellaneous receipts transactions in Oracle Financial – AR Module & resolution of issues if arises any.- Review foreign currency debtor revaluation- Review receivable ageing and Oracle BI Dashboard for analysing the overdue debtor balances.- Prepare expected credit loss working (IFRS – 9 Trade Debts) - Review monthly accruals of agent commission payable and rebate/DLTL receivable prepared by account officer; - Monitor preparation of Sale Orders for other sales- Liaison with I.T. team for implementation some new feature or generating/preparation of required reportsSuch diverse experience enables me not only to focus on technical side of finance but also on how to work and supervise cross functional teams. Show less

• • Jul 2015 - Apr 2017

  During my tenure at GATML in the midst of implementation of Oracle Financial (ERP) and transition of Company towards preparation of segmental accounts reporting, I have been rotated to Accounts Section, where my role also was to;- Preparation of monthly accounts of relevant segment from trial balance to P & L and Balance Sheet.- Analysing trend of various expenses & revenues of the particular segment in light of the business operations such a segment involved in.- Performing variance analysis of actual results against budgets for particular segment.- Supervise bank reconciliations and finalize the same for Annual Audit. The experience in Accounts Section has enabled me to establish an in-depth knowledge of a particular segment business operations, develop understanding of the accounting system and structure of ORACLE Financial (ERP) currently running in the organization and its key business processes. Show less

• • Jun 2005 - Jun 2015

  Assistant Manager in Banking Section Reporting to: Manager Banking(Treasury & Funds Management)As an Account Officer, in Banking Section (Treasury & Funds Management), I was assigned to assist in financial management of Company’s portfolio of over 15 billion of credit lines which abetted me to gain a profound knowledge of corporate finance, banking and treasury operations, finance requirement for company and play an active role in providing consultation / advises on Company’s portfolio management & on various issues regarding finance arrangement. My major responsibilities included:• Manage Funds which includes Short Term Loans (STL), Long Term Loan (LTL), FE 25 Loans, Export Refinance (ERF-I, ERF-II). • Develop daily, weekly & monthly bank position.• Develop monthly Short Term Loans disbursement & maturity statements.• Assist in forecasting periodic cash flow and analyze liquidity requirement or position of the company.• Manage the tasks of opening new corporate bank accounts.• Manage all cash management activities for cashiers and retail operations.• Monitor SOP for collection and verification of transactions.• Liaison with banks for any issues and their rectification.• Facilitate external auditors for semi-annual and annual audit of Bank Liabilities.• Facilitate internal auditors for evaluating internal control systems regarding company’s financing activities. Show less