Regional Finance Manager
Leosons International FZ LLC
Total years of experience :23 years, 8 months
A USA based pharmaceuticals and Gourmet food / FMCG company having their representation across GCC, Malaysia, Sri Lanka, Singapore, HK, China, UK, Lebanon, France, Germany, Taiwan, African countries, Egypt, KSA, USA.
Having equipped with financial strengthens and strategic policies to run the business successfully, I am currently handling the;
- Financial Management with complete robust reporting and control.
- Import and Export
- Logistic Support
- HR Policies and Management control
- Financial strategy on new business ventures.
- Feasibility study and Project management on entrance of new products in the market, strength, growth and control.
- Keeping proper control on existing clients reconciliations, collections etc
Key Result Areas:
Designed monthly KPI’s for CAPEX, OPEX, Cash Flows and the lean business operation
Malik played active role in determining the Financial and Operational needs for smooth running of the Organization.
Strengthen the Insurance Billing and Recovery Operations, denial management and control.
Malik leads in revising the Costing structure by aligning the process and carrying out the estimation department wise.
Malik is an expert in Materials management for controlling the cost and for proper forecasting.
Highlights:
Steered efforts in financial planning, implementing & evaluating fiscal performance and ensuring long-term financial stability of a hospital
Responsible for managing the overall financial operations of the organization and ensuring that it is in compliance with the IFRS/IAS/ISA and other financial regulations.
Monitoring of all accounting activities, financial appraisals, income control, annual budget, business plans and financial reports for top management’s review.
Review and finalization of financial and commercial conditions of proposed agreements and commitments with suppliers of goods and services
Review and recommend Make or Buy proposals
Cost-Volume Profit (Break-even) analysis and analysis of Fixed and Variable costs, contributions and ratio analysis
Circulation of the approved budget to each department/section, along with the necessary details and providing advice and guidance on budget allocation
Reviewing, monitoring and analyzing the reasonableness and accuracy of budgetary requests and recommending appropriate usage of resources
Coordinating and participating in reviewing, developing, implementing the departmental policies and procedures on a regular basis
Carrying out activates related to Finance, Accounting, Auditing, Insurance Claims Management, Materials Management and IT linked management reports
Overseeing financial operations of a hospital & all of its departments that patients are receiving quality care and doctors & nurses are working within set budget
Management reporting, finalization of accounts as per IAS/IFRS/GAAP standards, Variances and suggested controls.
Leading, supervising & training a team of 15 personnel including 3 Officer
Key Result Areas:
Managed activities related to Finance (Running, Demand, Murahaba, Musharika & Mudaraba) repayment & reissuance during the specified time frame
Highlights:
Distinction of assessing ‘Homes at modern City’ Collection from clients, cash forecasting, costing running expenditures and future requirements for successful completion of project within specified time frame
Actively involved in carrying out:
o Legalizations of intercompany transactions of whole group as per Section 208 of Companies Ordinance, 1984
o Joint Venture for setting up a Housing Colony Project
o Sukuk Issuance, Quarterly Profit Payment/Redemption and Advisory Services of Meezan Bank
Key Result Areas:
Headed & supervised a team of 8 personnel including 2 Officers
Involved in product costing & budgeting for new orders as well as existing sales of products ranging 380 to 400
Looked after the activates related to:
o Finance Fresh Limits for Global Pharmaceuticals / Distributors and Vision Pharmaceuticals
o Additional L/C DA limits with 3 additional Banks to meet the needs of Govt. Tenders for importing of finished goods from China
Involved in:
o Finalization of accounting and bookkeeping systems of Jamila Sultana Foundation (Thalacemia Trust)
o Preparation of accounting manuals along with procedures to form uniformity among the group
Maintained tender documents for PM prevention & control of Hepatitis Islamabad and Sindh-Hyderabad (Technical & Financial Proposals) and success
Highlights:
Conferred with ‘Best Manager Award’ for achieving desired target in taxation in 2009
Steered efforts in implementing ERP and designing Accounting & Financial Systems at Global Pharmaceuticals (SHMA Financials / Fixed Assets / SCH / HCM) in 2008
Essayed a stellar role in hiring & implementing ERP Distribution System from zero concept for Global Distributors 14 Branches online connect with Head Office
Significantly contributed in carrying out import of raw materials from China, India, France & Japan and Export of Finished Goods to Sri Lanka, Myanmar, Kenya & Afghanistan via. L/C, TT, BC & DP
Essayed as stellar role in implementing ERP and New Accounting at this newly built hospital. in 2004
Sales Tax, Income Tax, Customs Duty, Finance & Accounting, Cash Management, Verification of Bills, Financial Analysis, Contractors and Sales Staff Matters, Supply Chain, Banking, Treasury Management, TA/DA, Payroll Processing, WIP Inventory/Stores Valuation.
34897-CIP
Chartered Accountant, Certified Finance Manager by ICAA
