FINANCIAL CONSULTANT
RAFAH-E-AAM MEDICAL CENTER
Total years of experience :14 years, 3 months
FEB 2014 TILL PRESENT
RAFAH-E-AAM, the state-of-art hospital aiming to provide quality health services absolutely free of cost to the patients and is being governed and funded by well-known donors and philanthropist.
The phase one of this two hundred million rupee project has been completed and will be functional with 50 bedded in-patient accommodations in June-14.
Core Responsibilities
Designing and implementation of the SOP's, financial policies, rules and regulations.
Implementation of complete ERP system including hospital Management System, Human Resource Management System, Financial Management System, and Website Development
Overall control of all financial transactions and accountancy matters, including audit systems.
Responsible for compliance of all the regulatory requirements of all statutory bodies with respect to the company’s financial affairs.
Safeguarding and controlling of all assets and resources of the company
JAN 2012 TILL PRESENT
Currently working as an Assistant Manager Finance in Indus Pharma Private Limted, K.I.A. Karachi office.
I am involved in various tasks and other special assignments and working closely with the Senior managers and Financial Controller in understanding business issues, assisting in improving the company’s performance to match their needs and resources. My responsibility includes:
Core Responsibilities
Supervising team of 6 staff including 2 trainees. Examine and analyze journal and ledger entries, bank statements, inventories, expenditures, and other accounting and financial records, to ensure financial recording accuracy and compliance with established accounting standards, procedures and internal controls.
Part of internal audit team, supervising stock audit on quarterly basis.
Responsible for integration of 3 ERP based software. Implementing overall sales and receipt module on SCM (Supply Chain Management system) mapping with the GL including Work flow testing and recommended various customizations as per requirement.
Developing a complete standard operating procedure for finance department to facilitate the workflow.
Developed a complete field force staff policy after accumulating all scattered data and approvals related to field force expenses. This policy is now serving as a valuable tool to avoid any confusion regarding approvals and deductions.
Directly reporting to General Manager for major variation in Field Force Expenses as compared to previous month, with their reasons.
Coordinate with Corporate Tax department for tax planning activities, tax audits and liaison with external audit staff.
Accumulating and producing a complete “Field Force Chart Summary” in graphical form to identify problematic regions and major variation in comparison to previous months serving as a valuable tool to keep an eye on company’s major expenses that is around Rs. 20 million per month. This summary took approximately 3 months of consistent hard work including dozens of technical formulas and charts.
Accumulating and producing complete Bank position as “Bank Chart Summary” in graphical form to identify month end balances and current bank status in comparison to previous months serving as a valuable tool to keep an eye on Company’s liquidity status.
Supervising bank reconciliation of 14 accounts
Generated approximately 800 identical codes for all Field force staff and employees.
Consistent collaboration and communication with the field force managers to resolve major issues and to smooth out the working process.
Effective communication with vendors and with the banks to build-up a strong relationship.
Reporting directly to Financial Controller on internal control weaknesses and following up on the agreed corrective measures.
Special assignments and task assigned by Director and produce monthly report on that.
JAN 2010 TO DEC-2011 (2 YEARS)
I have worked for Myclyntyre Hudson - S.M. Suhail & Company (Chartered Accountant), Karachi, Pakistan, as an Audit Senior. S.M. Suhail & Company is a Platinum Approved Employer of ACCA and honor to have a satisfactory QCR rating from the Institute of Chartered Accountants of Pakistan (ICAP).
During these two years of experience, I have been involved in various audits and other special assignments and have worked closely with the clients in understanding their business issues, assisting in tailoring the firm’s products to match their needs and managing firm’s resources to complete the projects. My responsibility includes:
Core Responsibilities
Statutory / Financial Audits, Review engagements.
Overall planning of audits, conducting initial planning meetings with clients to understand & co-develop expectations and designing audit strategies in consultation with the Engagement Partner, after assessing the underlying audit risk in the light of the assessment of the client’s overall control environment.
Obtaining a thorough understanding of the nature of the client’s business, the business and regulatory environment in which it operates, identification of critical areas and key performance indicators, initial overall analytical review, understanding major business processes, analysis and testing of internal controls at the interim and final stages and detailed testing of significant account balances and transactions.
Application of International Accounting Standards and other Technical Standards.
Performance of the audit procedures throughout the course of the audit. Reporting directly to Managers.
Assisting client with the preparation and presentation of financial statements including significant financial statement disclosures, in the light of the relevant reporting framework and ensuring compliance with all applicable reporting requirements.
Providing basic advisory services to clients in respect of accounting treatment of transactions in accordance with IFRS.
Preparing detailed reports on internal control weaknesses and making suitable recommendations thereon.
Preparing proposals for Audit and Agreed upon procedures.
Financial management assignments including preparation of chart of accounts, bank / other reconciliations.
In Progress
In Progress
In Progress
Bachelor in Commerce
Intermediate
Matriculation