Shahid Rizwan, accounts manager

Shahid Rizwan

accounts manager

Hussein Engineering Works Pvt. Limited

Location
Pakistan - Karachi
Education
Master's degree, Finance and Accounts
Experience
20 years, 2 Months

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Work Experience

Total years of experience :20 years, 2 Months

accounts manager at Hussein Engineering Works Pvt. Limited
  • Pakistan - Karachi
  • My current job since August 2016
Senior Accountant & Administrator at United Aluminium LLC
  • United Arab Emirates - Dubai
  • July 2012 to July 2016

Preparing accounts up to finalization.
Conducting annual audit.
Drafting monthly financials for board meeting.
Budgeting, forecasting, setting sales’ targets.
Cash Flow management; keep tracking the cash inflow as per budget.
Dealing with the banks regarding Banking facilities.
Letter of credit, Trust receipts and bill discounting.
Supervising all accounting activities, including collection and payments.
Compliance with regulations and reporting standards.
Streamlined the inventory control system, Fixed Asset acquisition, disposal & depreciation.
Maintaining good relationship with main contractors, clients & suppliers.
Dealing with Employees visa processing like new visa, visa renewal & visa cancellation.
Verification & processing the payroll through online WPS.
Preparation and implementation of appropriate systems, policies and procedures to ensure stringent
Internal financial control throughout the business with specific focus on costing and profitability.
Introduction of incentive plan to boost sales.

Accountant at Eight Star Hyper Market LLC
  • United Arab Emirates - Dubai
  • June 2010 to May 2012

Preparing Financial Reports (Profit & Loss Account & Balance Sheet).
Budgeting, forecasting & cash flow management.
Cost Control & Supervising accounting activities, Supervision of bank payments.
Recording Revenue as per IAS, following accounts receivable and Accounts payable
Maintain Letter of Credit, Trust receipts and Bill Discounting as well.

Assistant Manager Finance at Elahee Buksh Group of Companies
  • Pakistan - Karachi
  • November 2003 to March 2010

Preparing Financial Statements such as Profit & Loss Account, Balance Sheet, Cash flow & Statement of changes in equity.
Liaised with the external & internal auditors.
Drafting monthly financials for board meeting.
Budgeting, forecasting, setting sales’ targets.
Deviation from budget, determining the gap, strategy to bridge the gap.
Cash Flow management, keep tracking the cash inflow as per budget.
Dealing with the banks regarding Banking facilities.
Letter of credit, Trust receipts and bill discounting.
Supervising all accounting activities, including collection and payments.
Compliance with regulations and reporting standards.
MIS reports (routine and ad-hoc) for major decision-making.
Streamlined the inventory control system, Fixed Asset acquisition, disposal & depreciation.
Maintaining good relationship with bank & suppliers.
Internal financial control throughout the business with specific focus on costing and profitability.
Monthly performance measurement of outlets, breakeven calculation for outlets.
Division wise, brand wise & geographical profitability.
Preparing correspondence on the Manager's behalf and commissioning work on the Manger's behalf.

Education

Master's degree, Finance and Accounts
  • at PIMSAT
  • September 2007

I had been awarded scholarship according to university policy i.e waive 100% tution fee for 2nd semester after scoring 3.5 GPA in 1 semester

Bachelor's degree, Accounts , Economics , Statstics , Banking
  • at Goverment Islamia Arts & Commerce College
  • April 2005

Securing 2nd division

High school or equivalent, Maths , Physics , Chemestery , Biology
  • at Goverment Boys Secodery School
  • November 1997

Securing 2nd division

Specialties & Skills

Policy Drafting
Cash Flow Management
Accounting
Budgeting
Financial Reporting
whole procedure of book keeping
corespondence with client
corespondence with Banks
MS Office

Languages

Urdu
Expert
English
Expert
Arabic
Intermediate

Hobbies

  • Reading Books