Manager Finance and Accounts
Kalsoft FZ-LLC . (Kalia Group) Microsoft Gold Certified
Total years of experience :14 years, 2 Months
Microsoft Gold Certified Partner, win 2009 & 2010 best achievement awards, engage in providing IT Business Solutions like, CRM, BIZTALK, EPM, GP Implementation in Public and private sectors in UAE, Gulf and Africa, covering major share of Government work in Oman.
My specific responsibilities were Preparation of Financial statements, managing consolidated cash flows on HQ basis and as a treasurer, Project management, Budgeting/Forecasting, Assessment of risk and control processes, Liaison with External Auditors, supervision of team of 10 accountants in different regions.
Further responsibilities are as follows:
• Preparation of periodic financial statements according to applicable IFRS’s and IAS’s.
• Financial reporting for informational, auditing and operational purposes.
• Preparation of consolidated forecasted cash flows and monitoring performance, controlling costs.
• Evaluation and implementation of financial and accounting policies and procedures.
• Supervision of routine transactions, reconciling corporate bank accounts, Debtors and creditors management.
• Effective implementation of cost cutting strategies.
• Project wise cost/profitability and budgetary analysis.
• Ensure accuracy and control in inter-company reconciliations.
• Monitoring funding requirements for remote offices.
• Liaison with external auditors and Bankers.
• Negotiations and Reviewing of contractual payment terms with customers.
• Procurement of Hardware and other equipment’s as per company policy.
Pakistan based leading commercial bank having network of more than 890 branches domestically & internationally, listed on London Stock Exchange, best award winning bank of the country in 2008, dealing with all commercial facilities competitive with any international Bank.
Responsible for Routine/Special Audit assignments. Having strong knowledge over bank policies and procedures, adherence to Banking code of ethical, applicable banking laws, Preparation of Audit reports to Regional Audit Chief. Areas of responsibilities were included, General Banking, HR, Credit & and Foreign Exchange Department.
My further responsibilities were not limited to the followings:
• Preparation of audit report keeping in view Bank policies and procedures.
• Critical Analysis of Internal control, highlighting of deviations from policies & Procedures, timely correction of errors.
• Well aware with KYC & AML also attended training session for both.
• Compliance verification of branches with SBP regulations and applicable laws.
• Reviewing Credit proposal RF/DF/CF and other products there approvals and awarding of credit in line with bank policies and Procedures.
• Analysis of proposals on test basis and physical verification of stock.
• Verification of Collateral and securities and other mortgages, to safe guard Bank interest.
• Foreign currency valuation/evaluation and examination of Forex related record in adherence to bank policies and state bank of Pakistan.
Manufacturing of FMCG, Managing 410 Distributors portfolio all across Pakistan, Responsible for supervision and recording of accounting transactions, Financial statements preparation, liaison with auditors and banks.
• Closely monitoring and verification of routine transactions.
• Preparation of annual budget and its allocation.
• Product costing and managing portfolio of products.
• Variance analysis budgeted vs actual.
• Preparation of Periodic Financial statements .
• Inventory Management.
• Supervising of physical stock taking on regular basis.
• Communication with company auditors, bankers, vendors and third parties.
• Accounts receivable and payable management.
• Payroll management of more than 250 Staff members.
• Preparation of Banks, suppliers and vendors reconciliation on monthly basis.
• Supervision of team of 5 assistant and junior accountants.
Lahore based company dealing in cotton yarn 100% export sales to China, Japan, Belgium, North America.
Responsibilities include but not limited to:
• Assisting the Accounts Manager for day to day accounting and financial functions.
• Preparation of routine management reports.
• Close monitoring of financial statements, sales record, effecting payments through online banking,
• Managing import and export letter of credit and logistic related issues.
• Timely entry of remote offices data and reconciliation with them.
• Managing export sales, invoice generation till collection of proceeds realization and submission of tax returns.
• Verification of Foreign exchange rate for exports and ERF.
• Bill verification of Logistics and managing their payment on consignment basis.
• Supporting the business unit with all financial records and information.
• Financial reporting to management.
5 years compulsory article ship with CA firm as a CA student.
Being a CA student, I have conducted the audits of large corporate entities, SME’s, welfare and charitable organizations in manufacturing and services sectors, and have full command over the following:
• Statutory Audits
• Internal Control reviews.
• Internal Audits and related services.
• Special Audit awarded by Government of Pakistan for tax purposes.
• Investigation on Accounting, Audit and related matters.
Furthermore, I have provided many accounting related services, including assistance in preparation of financial statements, maintenance of accounting records and developing and improving accounting systems. I have also conducted internal audits and physical verification of inventories for various concerns.