Rana Ali, Chief Financial Officer

Rana Ali

Chief Financial Officer

Southern Net Works ( Pvt ) Limited

Location
Pakistan - Karachi
Education
Master's degree, Accounting, Management Accounting Cost Accounting Financial Accounting, Strategic financial Mana
Experience
21 years, 6 Months

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Work Experience

Total years of experience :21 years, 6 Months

Chief Financial Officer at Southern Net Works ( Pvt ) Limited
  • Pakistan - Karachi
  • July 2008 to June 2013

Being Head of Accounts and finance Department i am responsible in all financial, Secretarial and litigation matters of the company and negotiation in with the banks and DFI, Government department, Insurance companies and got following Expert e :-
a) Financial Reporting As per IFRS, IAS, GAAP and Local Law
b) Negotiated old dues payable by the company to various banks And DFI and Non financial Institutions, some of them Sue against our company
c) Decision in financial matters
d) defend case against the company and also filled applications on behalf of the company
e) all Taxation matters till finalization of Assessment of the company
f) Daily basis Cash and sale Management
g) Cash flow management of each stations,
h) variances analysis
i) Inventory, Assets Management
j) Being member of Board attended all meeting and provide replied to all queries raised by the others members

Manager Finance at National Logistic Cell--NLC Engrs
  • Pakistan - Karachi
  • December 2006 to June 2008

Work under command of Project director and Manage the following work :-
a) Daily activities of accounting team and Liaising with project Manager, Surveyors, contract Administrator
b) Financial Reports of the All Projects to Head Office on Monthly and yearly basis
c) performance reports of each Project, Work done, vetted Work done, claim to client and payment to contractor
d) Variance Analysis Actual Vs budget
e) Banks dealing, Liaising with head office, Internal/External Auditors
f) Checking of Old Liabilities reported in The financial Statements
g) Mis for project director and Head Office

Financial Consultant at Mesfin Engneering
  • Ethiopia
  • July 2006 to November 2006

As A Finance Consultant I have Completed the following Assignments:-

a) Implemented Cost Accounting System
b) Provide Training to the Staff and Officer of Costing System
c) Completed financial Portion of Feasibility Studies
d) Study of Clients Accounting System and point out deficiency of the system

Manager/Consultant at Various
  • Pakistan - Karachi
  • June 2004 to July 2006

During this period i supervised Audit team in Rao & Co, Done Management Audit, Worked in Engineering firms dealt sale and assembling of Air Conditioning unit and also Head of Finance in a company dealt in air freight services and also in Construction company

Manager Tax & Insurance, Manager Payroll at Pakistan Security Printing Corporation
  • Pakistan - Karachi
  • January 1992 to May 2004

I am Working at Managerial Level and got expert e in the following areas of Accounts And finance:-
a) Payroll all matter, Implementation of System to Payments and also Government department Social Payments Payments Employees Such As EOBI, SESSI PESSI
b) All Taxation Matter Employees Tax, Corporate Tax Sale Tax and working for Tax Return and replied to the Queries
c) LC and bank Guarantees Matters
d) All Insurance matters, Insurance Coverage to Claims for Assets and employees
d)Negotiation With bankers for various Type of Accounts of The Company and also to open the Employees Salary, s and Pensioner Account with banks
e)Wastage matters And Investment matters
f) Manage Payment and Receipts of the company
g) Manage and prepare Annual running Expenses Budget, allocation all Service departments Expenses to production Department, works out machine hour and labor hour rate for charging to production, production cost Job order wise, P & Loss job order wise
h) fixation of Price and pricing formula for each production

Education

Master's degree, Accounting, Management Accounting Cost Accounting Financial Accounting, Strategic financial Mana
  • at Institute of Cost and Management Accountant
  • December 1994

Certificate Awarded and this Certificate is recognized internationally equivalent to master degree. It member are called ACMA and fellow FCMA

Master's degree, Accounting, Commercial Law,Report Writing, Financial Accounting
  • at Institute Of Corporate Secretaries
  • January 1992

Certificate awarded and this is Equivalent to master degree in accounts and Finance

Bachelor's degree, Commercial law,Company law and others law
  • at Karachi university
  • November 1982

Law degree awarded

Specialties & Skills

Financial Reporting
Cash Management
Cost Analysis
Budget Forecast
Payroll Processing
MS Office
Peach Tree
Power Point
Sedat hayder Financial Oracle Based Accounting Software
MS Excel

Languages

English
Expert
Urdu
Expert

Memberships

Institute Of Cost And Management Accountant
  • Participate in education/Social/ Activities of the Institute and institute continue sly update the
  • June 1995
Institute Of Corporate secretaries
  • Participate in Educational/social Activities of Institute
  • January 1992

Training and Certifications

Managerial Accounting (Training)
Training Institute:
National Institute Of management services
Date Attended:
June 1993
Financial Management (Training)
Training Institute:
Management Services Division Pakistan
Date Attended:
April 1987