Syed Fawad Motassim, Controller Finance

Syed Fawad Motassim

Controller Finance

Maple pharmaceutical pvt ltd

Location
Pakistan - Karachi
Education
High school or equivalent, commerce/finance
Experience
34 years, 4 Months

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Work Experience

Total years of experience :34 years, 4 Months

Controller Finance at Maple pharmaceutical pvt ltd
  • Pakistan - Karachi
  • My current job since July 2014

* Supervision of finance department(seven people)
* Treasury management
* External audit
* Supervision of costing
* Trade limits/LC limits
* tax matters
* project handling

Financial Controller at INDUS PHARMA PVT. LTD
  • Pakistan
  • November 2008 to June 2014

Designation: Financial Controller
Sector: Pharmaceutical
Reporting: Managing Director/Board of Directors
Location: Korangi Industrial Area-Karachi
Job Responsibilities
• Supervision of implementation of Sidat Hyder Morshid Associates (Pvt.) Limited Financial Suite comprising of GL, Supply chain management system, Sales and Production module-GL and Supply chain management system has already been implemented successfully, where as the rest of the modules are in process.
• Resolving the issues arising in implementation as desired by the management
• Generation and development of reports as per requirement of the management
• Incorporation of internal controls and best practices in system implementation
• Financial statements are also built in said financial suit
• Implementation of thorough Job description of each of the employee in accounting section and developed various accounting sections making one senior accountant responsible for each action
• Supervision of finance department comprising of five people
• Negotiation with banks regarding credit facilities including but not restricted to Lc useance, Lc-sight, B.G’S, F.A.D.R., F.D.B.P. Etc.
• handling of internal as well as external audits

Accounting Manager at Aden Steel Company
  • Yemen
  • March 2008 to July 2008

Aden Steel Company Yemen (March 1st 08 till date)
Working as a Finance and accounting manager in a Steel Company in Aden-Job responsibilities are
◙ Supervision of implementation of the comprehensive business solution from Focus India in the organization
◙Supervision of finance and accounts department
◙Preparation of quarterly, biannual and yearly financial statements
◙Handling of all financial as well bank matters including arrangement of short term and long term finances as per the needs of the company.
◙Negotiation of the terms and conditions with the financial institutions
◙Handling of all financial matters
◙Cash flows and payment plans
◙Budgets
◙Forecasts
◙Income tax matters of the company
◙ handling of internal as well as external audits
◙ Supervising the implementation of ERP Solution namely Focus (from India) in the organization

Finance manager at saudi german hospital sana yemen
  • Yemen
  • April 2006 to January 2008

Working as a finance manager in a large group of companies in middle east engaged in providing medical services. My job responsibilities are
*Overall supervision of finance department
*Laison with the corporate head office
*Laison with other branches on various locations in saudi arabia
*Budgeting/forecasting
*Financial statements monthly, quarterly and annual
*Laison with internal and external auditors

finance manager at Huffaz seam less pipe industries limited
  • Pakistan
  • February 2005 to April 2006

Worked as a Finance Manager in a Public Limited Company, Listed on Karachi and Lahore Stock Exchanges. Company is engaged in manufacturing seamless pipes and tubes.
My job responsibilities include
◙Preparation of quarterly, biannual and yearly financial statements
◙Arrangement of printing of financial statements (quarterly, biannual and yearly) for onward submission to the shareholders and stock exchanges
◙Handling of all financial as well bank matters including arrangement of short term and long term finances as per the needs of the company.
◙Negotiation of the terms and conditions with the financial institutions
◙Handling of all financial matters
◙Cash flows and payment plans
◙Budgets
◙Forecasts
◙Income tax matters of the company
◙ Handling of internal as well as external audits

FINANCE MANAGER/COMPANY SECRETARY at TECHNO-ED PRIVATE LIMITED
  • Pakistan
  • April 2002 to February 2005

Worked as Finance and Administration Manager/Company Secretary reporting to the board of directors in a company engaged in providing specialized oracle education services. Company is a joint venture between two renowned groups and working under license from Oracle Corporation Singapore.

My job responsibilities include
◙ Supervision of the finance and administration department
◙ Maintenance of financial record and statements as per statutory requirements
◙ Handling of Income Tax matters, corporate matters and other related issues
◙ budgeting, forecasting and monthly financial statements
◙ other reports as per the needs and desires of the board
◙ Handling of various Government department

CHIEF ACCOUNTANT/COMPANY SECRETARY at BELA TEXTILES LIMITED
  • Pakistan
  • January 2000 to March 2002

◙ Supervision of the Accounts Department
◙ Supervision of the costing Department in preparation of Sizing profit and loss, weaving profit and loss and export activity profit and loss account
◙ Handling of bank matters i.e. refinance, running finance etc
◙ Income Tax, Sales Tax and corporate matters of the company
◙ Comparison of the projected income statement with the actual profit and loss, finding variances and subsequent analysis of the same for report to the directors
◙ Handling of audit matters
◙ Preparation of financial statements as per the statutory requirements of the company’s ordinance

FINANCE MANAGER at AYESHA APPAREL
  • Pakistan
  • November 1997 to January 2000

Worked as a Finance Manager in a Garment Factory engaged in manufacturing and export of woven garments and subsequent export. Job responsibilities were

◙ Supervision of the Accounts Department
◙ Supervision of the costing Department in preparation of and export activity profit and loss account
◙ Handling of bank matters i.e. refinance, running finance etc
◙ Income Tax, Sales Tax and corporate matters of the company
◙ Comparison of the projected income statement with the actual profit and loss, finding variances and subsequent analysis of the same for report to the directors
◙ Handling of audit matters
◙ Preparation of financial statements as per the statutory requirements of the company’s ordinance
◙ During my association with the organization I established cost accounting system which till date is working with success

MANAGER AUDIT AND TAXATION at ATIQ FAIZI AND COMPANY CHARTERED ACCOUNTANTS
  • Pakistan
  • August 1995 to November 1997

Worked as a Audit Manager in a medium size chartered accountants firm. I was responsible for the following matters

◙ Preparation of audit schedules
◙ Assignment of jobs
◙ Review of work carried out by trainees
◙ Preparation of audit report in accordance with International Auditing Standards and as per provisions of the Companies Ordinance 1984
◙ Preparations of tax returns of the clients
◙ Attending hearing before DCITS, IACS, COMMISSIONERS
◙ Finalization of assessment
◙ Preparations of appeals
◙ Corporate matters of clients i.e. related to Security and Exchange Commission of Pakistan
◙ Administrative matters

ACCOUNTANT at M.Y.ELECTRONICS PVT. LIMITED
  • Pakistan
  • February 1994 to August 1995

Job responsibilities were maintenance of books of accounts and preparation of financial statements.
Reconciliation of parties accounts as well as bank

TRAINEE at UMAR SIDDIQI AND COMPANY CHARTERED ACCOUNTANTS
  • Pakistan
  • August 1989 to February 1994

Completed article ship from the firm. During the said period I get acquainted myself from the set up of various organizations i.e. manufacturing concerns, services industries, traveling agencies etc and their working environment, control procedures and system workings. During the said period, I learned to analyze the weaknesses of a system, implementation of the procedure for system improvements. I also established certain accounting software’s with the help of the programmers according to the need of my clients

Education

High school or equivalent, commerce/finance
  • at APA-member-Institute of public finance accountants
  • September 2005
High school or equivalent, commerece/accountancy
  • at Instittue of chartered accountants of pakistan
  • November 1998

Educational Qualification C.A. Finalist from Institute of Chartered Accountants of Pakistan B-COM-Karachi University-1989-2nd division Intermediate-Science-1986-First Division Matriculation-Science-1984-First Division

Specialties & Skills

Budgeting
Costing
Monthly Reporting
Cash Flow Management
Have adequat knowledge of operating ms utilities like ms excel, ms word etc with typ speed of 40 wpm
Hand on experience on fund management
Successfully implemented ERP Systems
Hand on experience on budgeting
Successfully implemented Product wise costing systems
Negotiation of trade limits with banks
Negotiation of trade limits with banks
Negotiation of trade limits with banks
Successful fund management

Languages

English
Expert
Urdu
Expert

Memberships

Institute of public finance accountants of Pakistan
  • Member
  • July 2005