Financial Controller
Coca Cola Beverages Pakistan Limited (CCBPL)
Total years of experience :32 years, 1 month
Coca Cola Beverages Pakistan Limited (CCBPL)
Financial Controller (Mar 2011-todate)
Company Profile: Company is engaged in manufacturing & distribution of Coca Cola soft drinks generating revenue of over Rs. 60 billion in Pakistan. As a financial controller, I am reporting into CFO.
• Officer In charge of Accounting activities at Head Office, Monthly closing and consolidation of financial results of Territories.
• Monthly consolidated reporting to Coca Cola Icecek Turkey and Coca Cola Company.
• Coordination with regions and territories and higher management.
• Analyze profit & loss for variances and bring about necessary financial controls and advise the management and other functions for mitigating measures.
• Involved in strategic financial analysis and provide support to CFO in decisions making regarding investment & asset management including evaluation and modeling of other transactions such as acquisition, disposal & financings.
• Provide support to CFO in identifying business & financial risks & opportunities, reviewing and improving KBI's for the business.
• Strategize and define key financial parameters and planning assumptions in consultation with management, other functional heads, prepare business plans including budgets, cash flow forecasts, profit & loss projections and breakeven analysis and Revised Estimates of profit & loss for the balance of the year
• Preparing Business Plans of the company and consolidation of individual business plans of the territories in co-ordination with the management in view of specific needs of the territories and company business as a whole.
• Overseeing financial & other control and procedure requirements, design & performance.
• Managed the treasury function, maintained effective relationship with lenders.
• Managed loan/financing and banking facilities.
• Liaison with other departments involved in development of new projects, their feasibility studies and responsible for fulfilling their funding requirements.
• Liaisoning with Internal & External auditors and Local Audit Committee to represent Finance Function.
Manage the treasury function including working capital & Capital Financing,
Manage Taxation including Income Tax, Sales Tax and other related matters.
Strategize and define key financial parameters and planning assumptions in consultation with management, other functional heads, prepare business plans including budgets, cash flow forecasts, profit & loss projections and breakeven analysis and Revised Estimates of profit & loss for the balance of the year
Responsible for implementation, management and control of all finance and accounts related activities through company’s laid down policies and procedures.
Provide support to management regarding monitoring and cost control of the and provide strategic support to achieve current and future business objectives of the company.
Work with management to define the vision and strategic objectives, drive communication of the vision, and monitor implementation of the company strategy.
Responsible for implementation of Internal Controls and Risk Management.
Manage monthly & annual Financial reporting (including preparation of statutory and management accounts) and liaison with external and internal auditors.
Analyze profit & loss for variances and bring about necessary financial controls and advise the management and other functions for mitigating measures.
Manage the Capital Budget, Working Capital and the Balance Sheet with respect to Capital Deposits, Stocks, creditors, Salary and other reserves and Agency Accounts, Inventory and custodian of assets of the company.
Implemented SAP and sales accounting software (BASIS) and related controls and procedures.
Enhanced outputs from Finance Function in the South Region through progressive improvements in processes and reported to provide reliable basis for decision making.
Provided insightful analysis to understand profit drivers for commercial decision making while working with Site Management Teams and Senior Financial and Reporting Managers in the region.
Handled external reporting & liaised with Internal & External auditors and Audit Committee to represent South Region.
Involved in strategic financial analysis, investment & asset management including evaluation and modeling of other transactions such as acquisition, disposal & financings in the South region.
Identified business & financial risks & opportunities, reviewed and improved KBI’s for the business in the region.
Coordinated between regions as well as with the higher management.
Directed the Senior Financial & Reporting Managers for production of Financial Information to satisfy the agreed requirements of Internal/external customers and users.
Developed business plan assumptions in co-ordination with the management in view of specific needs of the region and company business as a whole.
Oversaw financial & other control and procedure requirements, design & performance.
Managed the treasury function, maintained effective relationship with external & internal lenders.
Managed individual to the sites as well as consolidated loan/financing and banking facilities.
Handled supply chain management as an active member of supply chain management team.
Oversaw SOX (Sarbanes Oxley) application/ implementation in the south region.
Senior Financial and Reporting Manager - Temporary Assignment (Oct 2005 - Dec 2005)
Financial Manager - Temporary Assignment (Aug 2005 - Oct 2005)
Company Profile: Company is engaged in Milling, Baking and Distribution of its wide range of products in the UK.
Highlights as Financial Controller - Contract Assignment, South Region
• Enhanced outputs from Finance Function in the South Region through progressive improvements in processes and reported to provide reliable basis for decision making.
• Provided insightful analysis to understand profit drivers for commercial decision making while working with Site Management Teams and Senior Financial and Reporting Managers in the region.
• Handled external reporting & liaised with Internal & External auditors and Audit Committee to represent South Region.
• Involved in strategic financial analysis, investment & asset management including evaluation and modeling of other transactions such as acquisition, disposal & financings in the South region.
• Identified business & financial risks & opportunities, reviewed and improved KBI's for the business in the region.
• Coordinated between regions as well as with the higher management.
• Directed the Senior Financial & Reporting Managers for production of Financial Information to satisfy the agreed requirements of Internal/external customers and users.
• Developed business plan assumptions in co-ordination with the management in view of specific needs of the region and company business as a whole.
• Oversaw financial & other control and procedure requirements, design & performance.
• Managed the treasury function, maintained effective relationship with external & internal lenders.
• Managed individual to the sites as well as consolidated loan/financing and banking facilities.
• Handled supply chain management as an active member of supply chain management team.
• Oversaw SOX (Sarbanes Oxley) application/ implementation in the south region.
Previous Experience
Finance Manager - Rahim Yar Khan, Pakistan (Jun 2003 - Jun 2005)
• Manage the treasury function including working capital & Capital Financing,
• Manage Taxation including Income Tax, Sales Tax and other related matters.
• Strategize and define key financial parameters and planning assumptions in consultation with management, other functional heads, prepare business plans including budgets, cash flow forecasts, profit & loss projections and breakeven analysis and Revised Estimates of profit & loss for the balance of the year
• Responsible for implementation, management and control of all finance and accounts related activities through company's laid down policies and procedures.
• Provide support to management regarding monitoring and cost control of the and provide strategic support to achieve current and future business objectives of the company.
• Work with management to define the vision and strategic objectives, drive communication of the vision, and monitor implementation of the company strategy.
• Responsible for implementation of Internal Controls and Risk Management.
• Manage monthly & annual Financial reporting (including preparation of statutory and management accounts) and liaison with external and internal auditors.
• Analyze profit & loss for variances and bring about necessary financial controls and advise the management and other functions for mitigating measures.
• Manage the Capital Budget, Working Capital and the Balance Sheet with respect to Capital Deposits, Stocks, creditors, Salary and other reserves and Agency Accounts, Inventory and custodian of assets of the company.
• Implemented SAP and sales accounting software (BASIS) and related controls and procedures.
(Allahdin Group of Companies)
Warble (Pvt) Limited, Pakistan
Group Chief Financial Officer (Jun 2002 - Jun 2003)
Company Profile: Group is engaged in Formulation and distribution of Pesticides in Pakistan. Group contained number of companies.
• Heading the Finance & Accounts Function of the group, managing wide range of finance & accounts operations and Taxation.
• Work with BOD to define the vision and strategic objectives of the group, drive communication of the vision, and monitor implementation of the company strategy in the group.
• Liaised with Board of Directors and other functional heads to define the key financial parameters of the corporate business plan and managed the budgeting cycle and revised estimates on dynamic basis.
• Planned and managed the process of accounting for transactions where they occur at all levels across the group, carried out financial reporting keeping in view International Accounting Standards and other requirements of regulatory authorities.
• Prepared statutory and management financial statements and liaised with external auditors and regulatory authorities.
• Developed system for verifying revenue data, revenue collections and recording.
• Analyzed profit & loss and Balance Sheet for variances and bring about necessary financial controls and advise BOD for mitigating measures.
• Managed the treasury function including working capital & Capital Financing, maintained key relationship with lenders internal as well as external, managed loan/financing and banking facilities.
• Managed Taxation including Income Tax, Sales Tax and other related matters. Liaised with Tax authorities to get resolved the pending Sales Tax and Income Tax issues and assessments.
• Established EDP environment by computerizing finance/accounts, sales and administration departments and developed system/controls oriented working environment.
Sher Muhammad Khan & Co. (Chartered Accountants)
Senior Audit Manager (1997 - May 2002)
Audit Manager (1992 - 1997)