fahad Farooq

As a Assistant Commercial Finance Manager I was playing a role of commercial finance lead of a department which is itself generating 70% of the company total revenue where my responsibility was not limited to the managing commercial finance day to day activities but was also extended to the level where I supported my commercial team in creating new business opportunities/ supply chain activities and helped in resolving disputes that arose between us and our clients. My major responsibilities are listed below

Managing portfolio of around 200 clients accounts, implementing and evaluating credit and receivables control policies based on customer profile and their purchasing

Oversees all commercial accounting from recording of business transactions, compliance and taxation affairs.

Accounts Management

Product pricing

Allocation of product/contractor and ensuring delivery on time.

Coordinating with the commercial team in finalizing volume, price and margins.

Accounts/Profitability analysis

Overseeing and ensuring implementation of tax and compliance related matters.

Assist in managing treasury operations

Negotiating, reviewing and ensuring fulfilment of contracts and agreements and fulfil LC related requirements.

Effective user of ERP (Oracle JD Edward)

Prepares risk-based audit plan for individual clients and resource estimate that are consistent with the Organization’s goals, and have them approved by the engagement partners.

Plans, organizes and executes approved assurance and
consulting engagements to assess the
adequacy of management systems for controlling, risk
management, administration, budgetary and
financial management and information technology governance, and to then report the results of the engagements.

Follows-up on the implementation of the audit recommendations and ensures that improvements are made to reduce the residual risks to appropriate levels.

Assesses the performance of organizational units to
ascertain whether defined objectives have been
achieved and whether those objectives were achieved
efficiently.

Assists in the formulation of appropriate anti-fraud policy, code of ethics and their implementation;

Conducts special audit inspections and examinations
at the request of relevant authorities.

Develops and establishes professional Internal Audit practices within the Organization which are consistent with International Professional Practices Framework;

Advises the Director-General and the Financial Audi
Board on any matters relating to the Internal
Audit, organizational risk management, controls and
governance;


Maintains a strong commitment to the implementation
and perpetuation of the Safety Program, values and ethics.

. Bank Reconciliation

. Assist in preparation of financial statement

. Petty Cash Management

. Voucher Management

. Official Signatory

. Preparation of Market commentaries

. Induction of new staff

. Preparing payroll for all staff

May12 - Feb13 Alpha LSG Sky Chefs (London)

Stock Auditing:
* Performing number of tasks related to inventory with the goal of keeping the data accurate for the planning and forecasting group.
* Performing a number of jobs, including counting, data entry and reconciling.
* Responsible for counting all physical inventories, reconciling data with the physical counts taken and reporting on errors found.
* Performs inventory audits of paperwork and data entry at the receiving dock.
* Supplier invoice reconciliation with company purchase orders and reporting the differences to the purchasing department.
* Reporting of quality related matters to purchasing department regarding goods received.
* Documentation and to manage paper work which include invoice reconciliations and filling of temperature sheets.
* Communicating with Supplier representative on the field to discuss discrepancies.
* Maintaining stock validity, to make sure expired good are removed.
* Informing the purchasing department about the shortage and quality of goods.
* To make sure airlines goods are ready and are available before flight.
* To make sure all the airline requisitions are completed.
* Assists with general tasks in the stock-room and satisfying requirements of other departments within company.

Jan12- April12 KBM Chartered Certified Accountants & Registered Auditors, London

Accounts Intern

Liaising with clients for collection, analysis, appraisal and processing of financial and related information for quarterly/monthly management accounts production for sole trader ship, partnership and limited company accounts.

Manage all aspects of Payroll including collating necessary information for preparing P11Ds, IR35s, P35s, P14 and other PAYE related work.

Supporting clients in identifying and meeting their regulatory obligations to Companies House, HMRC, FSA, Law Society, RICS etc.

Providing assistance to clients in the planning, development and implementation of financial and related information systems to reduce costs.

Strategic planning of various jobs in progress, setting time budgets, supervising and monitoring a group of trainees.

Assisting in preparation of statutory financial and other statements for a wide range of enterprises for their internal and external reporting purposes.

Assisting Partners/Managers on regular basis with relevant tax planning work and preparing tax computations for corporate, partnerships, trusts and individuals.