Senior Manager Finance & Accounting
ZULTEC GROUP
Total des années d'expérience :15 years, 4 Mois
• Preparing the monthly group reporting package and financial dashboard with in-depth explanation of variances for each P&L/Balance Sheet lines and presenting the results to CEO, Business Heads and CFO.
• Providing risk management on financial and commercial risks emanating from regular operations, market fluctuations & demand supply stress.
• Headed the in-depth annual budget preparation and finalization process with bottom-up approach i.e. from volume, pricing, promotional discounts and product mix to expected gross revenue per brand.
• Leading Annual Statutory Financial Reporting, Zakat (Tax) returns submission, Accounts Payable, disbursements, general accounting function.
• Pro-actively monitored control activities to ensure that group guidelines/policies are strictly adhered and risks are adequately mitigated beforehand.
• Ensuring all the transaction and events are accounted for in accordance with the requirements of International Financial Reporting & International Accounting Standards (IFRS & IAS).
• Key member in the implementation of VAT and IFRS Convergence project on group level.
• Preparation of financial statements of the company as per applicable IFRS.
• Managing cash flows of company, preparation of cash flows and overall involved in the financial planning of the company.
• Correspondence with financial institutions and arrangements at best possible rates.
• Evaluation of projects using advances financial management techniques.
• Looking after e-approvals ( routine expenditure at plant and approving them after analyzing)
• Member of procurement committee and evaluating the capital projects financially and recommending them for further approval.
• Monitoring on cost of sales and overheads. Calculating overhead cost per unit to be charged to a product on the basis of ABC costing.
• Dealing with government departments, like income tax, sales tax, social security and EOBI.
• Recommending capital expenditure to the higher management.
• Approving all the routine expenditure as per the company policy.
• Preparing financial feasibility for the launching of new products.
• Monitoring the KPIs of all operational departments in order to ensure that company achieves its targets.
Following are the my major responsibilities during my stay with Transcon.
• Setting up the whole financial system including the implementation of accounting software, internal controls and International financial reporting standards.
• Responsible for overall preparation, management and delivery of Business Plan and budget.
• Measuring the financial & operating performance of the company on monthly basis
• Implementing strong financial analysis skills, in dealing with the detailed management accounts and other financial data.
• Preparing business/financial models and cases of new and challenging initiatives.
• Preparation of monthly, quarterly, six monthly and year end financial statements.
• Involve in internal and external audit of the company.
• Presenting on monthly basis the financial and operating highlights to the managing director and general manager of the company.
• Accomplishing the strategic financial and administrative objectives by developing, implementing, monitoring and evaluating plans, systems and procedures, and enforcing control systems, to achieve profit goals and promote continued growth.
• Maintaining all treasury and cash management operations, providing both short-term and long-term financial capital investment appraisals and the appraisal of external investment opportunities
• Preparing monthly cash flows, monitors and controls cash receipts and disbursements to meet the operating requirements, including the overall cash flow planning.
• Establishing the financial policies and procedures for the company.
• Establishing good relations with banks and financial institutions.
My main responsibilities included:
Client relationship & audit engagement management;
Risk assessment & evaluation of internal controls;
Planning and execution of an audit in accordance with International Standards on Auditing (ISA);
Planning and allocating resources to meet objectives of different engagements,
Development of appropriate audit programs;
Ensuring that financial statements comply with International Financial Reporting Standards and other regulatory requirements;
Coordination with audit team and review of the work performed;
Finalization of audit and drafting of deliverable;
Reviewing and auditing financial information of different listed and private companies including group companies;
Reporting to group audit teams for multi-location audit assignments,
Assisting and supporting clients in meeting their regulatory and contractual requirements,
Advising and recommending clients on the best practices in finance and operations, and
Communicating with clients to accomplish tasks effectively and efficiently.
Specialties:
Financial reporting under IFRS
Financial Statement analysis
Report writing
Regulatory compliance
Budget analysis
My responsibilities include the following:
• Advising clients on various accounting and related matters and providing them assistance in the preparation of financial statements in the light of IFRS.
• Project management from the planning stage to audit completion. This includes planning, budgeting, managing and supervising staff and coordinating with the client and manager.
• Analyzing the external and internal business environment. Assessing the business risks, ensuring adequate business risk management activities and compliance to policies and procedures.
• Planning, supervision and reporting for audit of various clients. The application of IFRS and compliance with laws and regulations are the key areas to focus in the audit.
• Performing a detailed review of the operations and internal control systems in a computerized environment to identify weaknesses in the system and to give recommendations for improvement.
• Review of consolidation workings and consolidated accounts of various groups having subsidiaries, associates and Joint ventures.
• Member of the Institute and entitled to use the ACA designation. Higher Secondary School Certificate (HSSC)
Army Burn Hall College, Abbottabad. 2004-2006 • Pre-Engineering • Grade: 1st Division Secondary School Certificate (SSC)
Pakistani National Public School, Abbottabad. 2001-2003 • General Science • Grade: A+