Financial Consultant
AFAZA FZ LLC/Midas Safety Dubai
Total years of experience :5 years, 6 months
Currently working in BELTEXCO Ltd, trading concern of "Midas Safety Group" as a Financial Consultant in "FP&A" and"Financial Reporting" on ad hoc basis and looking after a project relating to "Credit Management System". Where I have done following tasks;
-Walk Through
-Report Writing
-Receivable Analysis
-Provisioning Policies
-Authorization Matrix of Concerned Departments i.e. Logistics, Sales, Accounts and ERP Application Administrator.
-Gantt Chart
-Brainstorming with Management (CFO, CEO and GM)
-Cascade of Policy to employees
Previously seconded to "Financial Planning and Analysis Department" of Midas Safety-Sri Lanka which is a multinational manufacturing conglomerate with following local business units;
Workware Lanka Pvt Limited
Prime Polymer Pvt Limited
Industrial Clothings Pvt Limited
Projects I have been involved in;
Business Unit - Costs Saving KPIs
Project of identifying cost saving avenues in business processes from inbound logistics to outbound logistics, production processes, treasury management and labor force management.
SCOPE OF WORK
-Operations, Administration and Treasury.
-Balanced Scorecard
-MIS
-Cost Analysis and Modeling
Sales and Operational Planning - S&OP
Project of integrating marketing and production planning for regular financial analysis and monitoring at business unit level.
SCOPE OF WORK
-Review of Supply Chain System
-Forecasting
-Variance Analysis
-Production and Productivity of Plants
-Bill of Material (BOM)
-Revenue and Cost Accounting
-Integration of Operations and Sales Department Data
-Monthly Forecasted Financial Performance, and
-Conducting Monthly S&OP Meetings with Board and Circulating Minutes.etc
Thus enabling me to meet the job required skills;
Expert knowledge and relevant experience of financial accounting, business analysis, business planning, forecasting, costing, treasury and taxation.
Business focus; exposure to business partnering and strategic decision making.
Ability to add value to cross functional BU endeavours.
Hands-on exposure to Oracle, SAP or other major ERP.
Highly analytical, commercially oriented with good grasp of numbers.
Effective communication and presentation skills.
Ability to interact with Board/Senior Management.
• Development of audit strategy and audit plans to conduct audit in accordance with the applicable requirements i.e ISAs or otherwise.
• Resource and time management to meet deadlines.
• Identifying and assessing the risk of material misstatements.
• To ensure compliance with professional and ethical requirements.
• To produce reports highlighting engagement specific findings with clients apart from audit reporting.
• Active engagement with senior staff to gain a good understanding of the business.
• To Supervise, coach and develop junior members of staff within teams
• Finalizing deliverables for client.
During the said contractual period I have managed major clients in Kabul as listed in given projects.
Work includes;
Planning and review of Audit
Planning and execution of audits (as per the requirements of International Standards on Auditing and KPMG Audit Methodology), preparation of financial statements (as per the requirements of International Financial Reporting Standards (IFRS) and local regulations).
Reporting of significant issues to the management and developing good working relationships with the client to deliver engagement expectations.
Planning, review and development of audit strategy including designing and application of audit procedures for various clients.
Leading audit teams on different assignments of both listed and unlisted companies.
Analyzing financial statements of companies to identify trends and interpret results.
Collaborating with my team to complete demanding jobs within the time, quality and budget targets.
Working on reporting packages, in group audit engagements, including reporting to group auditors.
Accounting and reporting
Preparing, verifying, reviewing and consolidating financial statements in accordance with International Financial Reporting Standards (IFRSs) and applicable local laws.
Budgeting and financial analysis
Reviewing preparation of budgets and their comparison with actual results. This also includes assessing going concern assumption and future viability (both financial and operational) of the projects.
Viability/Impairment testing of different projects taking into account applicable variables existing and forecasted.
Report preparation and audit experience
Preparation of audit reports.
Preparation of control weakness/ deficiency and recommendations letter based on the evaluation of design and operating effectiveness of internal controls and review of internal control procedures to ensure adherence to management policies and control procedures.
Involved in the preparation of key correspondence with those charged with governance.
My experience in the Audit and Assurance department of the firm has enabled me to develop a comprehensive understanding of the competitive and regulatory environments of diversified industries, trial balance, general ledgers(GL), fixed assests, account receivables ARs, account payables APs, working capital management, cash flows, accounting cycle, book keeping, revenue management, cost accounting, financial reporting and internal control systems implemented at various organizations.
The most significant corporate clients that have contributed to my professional growth, where I was engaged in several audit and review assignments as an engagement incharge and as a semi senior team member.
Fauji Fertilizer Company Limited
Fauji Fertilizer Bin Qasim Limited
Fauji Cement Company Limited
Airblue Limited
Other industries in which I have gained experience as an engagement incharge and a semi senior team member include;
Investment and Banking
• Saif Holding Company Limited
• Askari Bank Limited-Internal Audit Division
• First Micro Finance Bank Limited
Construction
• PakGulf Construction(Pvt) Limited
• Reinforced Earth (Pvt) Limited-Vinci Group
• Sardar Builders(Pvt) Limited
Petroleum
• Dewan Petroleum (Pvt) Limited
• TransAsia Refinery Limited
Power and Energy
• FFC Energy Limited
• Southern Electric Power Company Limited
Development Sector (NGOs)
• Bangladesh Rural Assistance Committee (BRAC) Pakistan
• Developments in Literacy
CA(Pak) FInal - In progress CA Intermediate - Passed in 2009 CA Foundation - Passed in 2009 Passed Three Papers of CA - module E to appear in Module F examination.
