Experience

Uniestate Properties

• United Arab Emirates
• Real Estate
• 1 - 100 Employee

• Manager Finance

  • Sep 2015 - Present

  Ras Al khaima, UAE • Budgeting, Forecasting, Cost & Credit Control, Costing & Profitability Analysis and Management Reporting • Develop a reliable cash flow projection process and reporting mechanism which includes minimum cash threshold to meet operating needs of the business and ensures timely invoicing to the clients and payments to outside vendors • To ensure timely and accurate financial/management reports are furnished for management which includes both monthly and yearly Audit Reports. • Ensure… Show more • Budgeting, Forecasting, Cost & Credit Control, Costing & Profitability Analysis and Management Reporting • Develop a reliable cash flow projection process and reporting mechanism which includes minimum cash threshold to meet operating needs of the business and ensures timely invoicing to the clients and payments to outside vendors • To ensure timely and accurate financial/management reports are furnished for management which includes both monthly and yearly Audit Reports. • Ensure that Bad debts are reduced by making more rigorous credit checks on new and old customers and managing credit limits more carefully • Preparation and appraisal of working capital proposal and Fixing up arrangements of working capital. • Reviews corporate operating data and determines liquidity levels, ensuring that a company's economic capital, or cash reserve, is adequate for short-term need. • Analysis of monthly financial statements and monthly working capital requirement. •Analyse and supervise about Suppliers' Credit and Buyers' Credit time to time. • Follow up on the collections and recovery procedures to minimize the risk of Bad debts and maintaining adequate levels of collection amounts. • Liasoning with Officials of Banks form maintaining and updating on current loan facilities obtained from the Banks. • Preparing proposals for Bank for new financing arrangements to be obtained. • Implementing current company procedures as per ISO 9001:2008 and propose changes as per needs after evaluations. • Drafting new procedures as per approval and instructions laid down by management not limiting them to any operation or sector of the business. • Prepare reports and Liaison with approved RERA auditors and Account trustees (Bank) to conduct annual audit of each project as per RERA requirements. • Carrying verification (Pre Audit) and approving of invoices and bill received from Project before being incorporated into the company centralized accounting system. Show less



BUNDU KHAN BAKERS AND SWEETS LTD

• United Kingdom
• 1 - 100 Employee

• General Manager Accounts & Audit

  • Mar 2015 - Sep 2015

  Pakistan • Responsible for maintaining the accounting records for the Company. This includes preparation of financials and management reports. • To supervise and maintain an efficient financial accounting function • Planned assignments to execute them in effective and efficient manner by assessing systems to evaluate risks involved at business, financial and operational levels including making recommendations for improvement in Accounting and Internal Control Systems. • Selection of areas for… Show more • Responsible for maintaining the accounting records for the Company. This includes preparation of financials and management reports. • To supervise and maintain an efficient financial accounting function • Planned assignments to execute them in effective and efficient manner by assessing systems to evaluate risks involved at business, financial and operational levels including making recommendations for improvement in Accounting and Internal Control Systems. • Selection of areas for internal audits and over all audit planning, executions of audit, supervising teams and timely preparation of deliverables in accordance with IFRS and local statute • Ongoing review and evaluation of existing internal controls, preparing flowcharts and updating internal audit programs • Ensure that Stores/ Materials accounting & financial statements are prepared in compliance with the statutory requirements • Regular (monthly or quarterly) stock checking to avoid holding of unnecessary levels. • Ensure that cash-focused management happening to use key performance indicators (KPIs) on working capital all the way down the business to operational level • Working Capital Management, finding out the best utilization of entity funds • Assist CEO in formulation of various systems, policies, procedures, commensurate with the need of the company • Verification of day to day expenses • Finalization of accounts, centralized & branch accounting at month ends Monitor and evaluate subordinates’ performance and workloads, reassigning priorities as needed • Designing, evaluating and implementing a complete ERP system and software and laid down instructions and guidance to the users of the system for fast and effective results Show less



Manufacturing, FMCG and Food Industry

• Professional Profile At a Glance

  • Mar 2006 - Mar 2014

  Lahore, Pakistan Diamond Foam LLC Ajman & RAK Diamond Foam LLC Egypt Eagle Industries/Imperial Industries PVT Ltd Capital Industries PVT Ltd Diamond Wash-well Sweet Affairs Pvt Ltd



Diamond Group Of Industries

• Pakistan
• Industrial Machinery Manufacturing
• 100 - 200 Employee

• Banking, Working Capital , Corporate Planing & System

  • Mar 2006 - Mar 2014

  Lahore, Pakistan D. Banking and Working Capital: • Preparation and appraisal of working capital proposal and Fixing up arrangements of working capital • Ensure that cash-focused management happening to use key performance indicators (KPIs) on working capital all the way down the business to operational level • Ensure that Bad debts on working capital reduced by making more rigorous credit checks on new and old customers and managing credit limits more carefully • Working Capital Management, finding… Show more D. Banking and Working Capital: • Preparation and appraisal of working capital proposal and Fixing up arrangements of working capital • Ensure that cash-focused management happening to use key performance indicators (KPIs) on working capital all the way down the business to operational level • Ensure that Bad debts on working capital reduced by making more rigorous credit checks on new and old customers and managing credit limits more carefully • Working Capital Management, finding out the best utilization of entity funds • Reviews corporate operating data and determines liquidity levels, ensuring that a company's economic capital, or cash reserve, is adequate for short-term need • Regular (monthly or quarterly) stock checking to avoid holding of unnecessary levels of the wrong • Direct, monitor and trade investment portfolios including Working capital, High-Yield, and other portfolios. • Analysis of monthly financial statements and working capital requirement. • Analyze and supervise about Suppliers' Credit and Buyers' Credit on daily basis • Liaisoning with Senior Officials of Banks, Financial Institutions, Finance Companies, Mutual Funds, etc E. Corporate Planning & System: • Devise and setup corporate planning during organizational restructuring at all levels • Assist CEO in formulation of various systems, policies, procedures, commensurate with the need of the company • Coordinate work with Corporate Tax, Legal, Risk Management, HR, Security and other corporate team • Approve resource planning, recruitment training and other development plans for the teams Mentor and guide direct reports and work closely with all Managers and intervene appropriately to create a competent and close-knit team. • Deal with Banks for credit Facility and its renewal

• GM AUDIT & ACCOUNTS

  • Mar 2006 - Mar 2014

  Lahore, Pakistan A.Accounts & Audit •Responsible in planning, coordinating & performing operational audit of regional audit teams on all regional companies in the group and its subsidiaries (Manufacturing & FMCG industry) •Playing a key role in promoting operational efficiency, compliance and governance dealing with stakeholders •Managing the overall internal audit activity effectively to ensure it adds value to the Group and adhering to the Audit charter •Provide value added recommendations to… Show more A.Accounts & Audit •Responsible in planning, coordinating & performing operational audit of regional audit teams on all regional companies in the group and its subsidiaries (Manufacturing & FMCG industry) •Playing a key role in promoting operational efficiency, compliance and governance dealing with stakeholders •Managing the overall internal audit activity effectively to ensure it adds value to the Group and adhering to the Audit charter •Provide value added recommendations to management regarding control and best practices Manages the remediation actions resultant from all audits •Responsible for maintaining the accounting records for the Company. This includes preparation of financials as per IFRS and other regulatory laws •To supervise and maintain an efficient financial accounting function •Planned assignments to execute them in effective and efficient manner by assessing systems to evaluate risks involved at business, financial and operational levels including making recommendations for improvement in Accounting and Internal Control Systems. •Selection of areas for internal audits and over all audit planning, executions of audit, supervising teams and timely preparation of deliverable in accordance with IFRS and local statute •Ongoing review and evaluation of existing internal controls, preparing flowcharts and updating internal audit programs •Analyzing those P&L statements focused on achieving operations metrics: 1)Profitability of teams 2)Productivity of teams 3)Cost of Revenue 4)Maximize utilization of resources 5)Drive cost control measures across operations •Perform follow up of all major and critical audit observations and reporting the status update to CEO & Board of Director. •Ensure that Stores/ Materials accounting & financial statements are prepared in compliance with the statutory requirements •Responsible for Tax audit details preparation •To ensure Debtors' management and credit control •Ensure Implementation of Accounting Standards

• Finance & Taxation

  • Mar 2006 - Mar 2014

  Lahore, Pakistan B. Finance: •Budgeting, Forecasting, Cost & Credit Control, Margin Analysis, Costing & Profitability Analysis and Management Reporting • Responsible for providing financial advice and support to management to enable them to make sound business decisions • Develop a reliable cash flow projection process and reporting mechanism which includes minimum cash threshold to meet operating needs of the agency and ensures timely invoicing to the clients and payments to outside… Show more B. Finance: •Budgeting, Forecasting, Cost & Credit Control, Margin Analysis, Costing & Profitability Analysis and Management Reporting • Responsible for providing financial advice and support to management to enable them to make sound business decisions • Develop a reliable cash flow projection process and reporting mechanism which includes minimum cash threshold to meet operating needs of the agency and ensures timely invoicing to the clients and payments to outside vendors • Facilitate the optimization of the software system, by providing the appropriate information in regards to estimating Profit & Loss, revenue and account summary reporting • Researching and reporting on factors influencing business performance • To assist Director Finance in managing working capital and cash flow of the Company to mitigate possible business risks including credit risk • To ensure timely and accurate financial/management reports are furnished for management. • Developing financial management mechanisms that minimize financial risk • Keeping abreast of changes in financial regulations and legislation • Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements C. Taxation: • Ensure a company's annual earnings, expenditures and investments are reported with accuracy and completeness • Oversee Filing of returns and attending tax authorities for assessments and appealsDetermine the Company’s tax position and the applicability of taxable/non-taxable instruments. • Supervise the Payment System & Taxation • Review and report the Annual return for SECP and TAX • Research and develop tax-saving strategies • Reconcile tax data on financial statements

• Special Projects

  • Mar 2006 - Mar 2014

  Lahore, Pakistan • Ground preparation of documentation for EDB & PSQCA • Handling legal affairs constitute a guarantee for our companies and for preventing any charge of illegal activities. • Coordinate shipping with customs agents for clearance on overseas deliveries • Liaison with MIS department for implementation of new software programs. • Preparing and implementing of: • New After sales software • Purchase and Inventory software • Designing new ERP control… Show more • Ground preparation of documentation for EDB & PSQCA • Handling legal affairs constitute a guarantee for our companies and for preventing any charge of illegal activities. • Coordinate shipping with customs agents for clearance on overseas deliveries • Liaison with MIS department for implementation of new software programs. • Preparing and implementing of: • New After sales software • Purchase and Inventory software • Designing new ERP control system • Modification and up gradation in existing Accounting Software’s and systems • Experience on other accounting and business related software applications including VB6 and VB.net



Institute of Business & Finance

• United States
• Financial Services

• LECTURER

  • Jan 2011 - Jul 2011

  Lahore, Pakistan Business Taxation 1. To familiarize with the Income and Sales Tax Laws. 2. To introduce to students the important elements and aspects of tax system and authorities and their limits. 3. To equip with necessary skills to deal with the situations concerning the field of taxation.



National College of Business Administration and Economics

• LECTURER

  • Jul 2005 - Jun 2008

  Lahore, Pakistan Business Accounting: 1. Analyze and record accounting transactions; 2. Prepare and analyze financial statements (balance sheet, income statement, statement of cash flows); 3. Learn and apply analytical tools to business decisions introduced in the context of case studies; 4. Make well-supported decisions based on incomplete and imperfect information; 5. Prepare a feasibility study for a new enterprise; and 6. Demonstrate expected workplace behavior, for example, participation,… Show more Business Accounting: 1. Analyze and record accounting transactions; 2. Prepare and analyze financial statements (balance sheet, income statement, statement of cash flows); 3. Learn and apply analytical tools to business decisions introduced in the context of case studies; 4. Make well-supported decisions based on incomplete and imperfect information; 5. Prepare a feasibility study for a new enterprise; and 6. Demonstrate expected workplace behavior, for example, participation, persuasion, leadership, collaboration, engagement and attendance. Financial Accounting: Financial Accounting examines accounting concepts, the accounting model, measurement processes, financial statements, financial analysis, the accounting cycle, monetary and fixed assets, inventory, current and long-term liabilities and equity structures of partnerships, proprietorship and corporations. 1.Understand how to prepare and interpret the four basic financial statements 2.Understand the importance of the accrual basis of accounting. 3.Explain the accounting cycle 4.Understand the basics of accounting internal control 5.Account for receivables and bad debts 6.Account for inventory under the four basic inventory cost flow assumptions 7.Account for the acquisition, depreciation and disposition of long-term assets 8.Distinguish between and account for current and long-term liabilities 9.Apply the rules associated with accounting for stockholders' equity Business Taxation 1. To familiarize with the Income and Sales Tax Laws in Pakistan. 2. To introduce to students the important elements and aspects of tax system and authorities and their limits. 3. To equip with necessary skills to deal with the situations concerning the field of taxation Show less