Akber Nizar

 Finalization of monthly management accounts.
 Assist Manager Finance in finalization of trail balance and preparing the year end accounts and reporting pack of the company.
 Co-ordination and liaising with external and internal auditors for conducting the statutory, internal and RERA audits.
 Co-ordinate with corporate internal audit team for resolving their queries and providing all supporting details.
 Co-ordination with Owner Associations for resolving post-handover audits of completed projects and resolving issues with customers.
 Co-ordinate with banks for ensuring all finance cost and charges are in conformity with bank facility agreement.
 Assisting CFO in finalizing business plans and formulating next year budgets.
 Cash flow management, budget and forecasting the budget each month and reporting to CFO.
 Periodical Preparation of MIS Reports, including, Receipts & Payments, Bank Loan Report, AP ageing analysis.
 Reporting periodic performance to group management in standard reporting pack.
 Cash Flow reporting, including monthly and Quarterly Cash Flow Forecast.
 Ensure timely collections and booking of company’s incomes through issuing statement of accounts to the customers.
 Supervising Petty cash & monitoring cash balances in bank accounts through daily cash position report, and process payments from bank accounts as needed for vendors and contractors.
 Maintenance of Accounts Payable (AP), advance from customers and fixed assets transaction on day to day basis.
 Preparation of monthly accruals, interest provision, provisioning and complete closure of monthly accounts.
 Co-coordinating with different departments (Sales, Legal, CRM, IT) to resolve their queries and provide them requested details.
 Verifying the Agreements, Telephone & Utility bills and ensuring timely payments.
 Assisting Finance Manager in re-structuring chart of accounts to comply with accounting standards.
 To ensure the monthly cycle including month end closing and management reporting is being done in accordance with the international accounting standards, company policies and practices.
 To ensure proper compliance of company’s policies during postings of vouchers i.e. Receipt and Journal Vouchers.

 Responsible for managing the completion of the accounting cycle including month end closing, management and financial reports, and periodical business reviews.
 Ensure accuracy of sales and leasing contracts conditions and information created in the CRM system in accordance with the supporting documents and timely activation of the contracts.
 Ensure compliance of all financial documents and proper recognition of related expenses and costs.
 Ensure production of accurate and timely management and financial reports as per the deadlines.
 Review and Verification of leasing and sales documents including but not limited to Lease Approval Forms, Lease Agreements, Sales Approval Forms, Sales and Purchase Agreements, Statements of Accounts, Service Charge Statements, Requests for Approvals, Budget Details, etc, .
 Manage the process of completing the business plan, annual budgets, quarterly forecasts, and monthly reporting as per the agreed assumptions and deadlines.
 Manage the process of preparation of various adhoc reports as required by the management and assisting the investment team in preparing sales plans rollouts, cash flow, and projects feasibilities.
 Manage the process of coordination with the various departments with regards to Internal and External Audit.
 Assist the Chief Operating Officer in leading the Business Support team, setting the strategy of operations, and continuously contribute to improvement projects.
 Represent the Finance team in all management meetings including, but not limited to, budget and forecasts, project committee groups, business reviews, debtors reviews, finance management, audit planning, treasury reviews, etc, .
 Contribute in the various initiatives of process development & mapping, system automations and policies drafting and implementation.
 Effectively lead the residential finance team by ensuring setting & review of objectives, providing necessary feedback, developing training plans and opportunities and ensuring.

Promoted as Manager Finance within the Group

 Team member for ERP implementation (Microsoft Dynamics).
 Establish financial policies and procedures and to lead for its implementation.
 Establish effective internal controls to minimize the fraud and error.
 Prepare& analysis variances of the Company and projects.
 Ensure liquidity of funds for cash requirements.
 Review and analyze cash management reports based on GL and bank reconciliations.
 Monitor fixed assets recording, maintaining and calculation of monthly depreciation,
 Supervise the payables management.
 Review and analyze month end reports.
 Review of year end accounts of the company.
 Liaison with the auditors during audtit of the company.
 Assist senior management for the preparation of budget proposals for USAID and DIFD.
 Lead project offices in preparing their budgets.
 Monitor proper deduction of Government taxes and its timely deposit to tax authorities. File
 Returns to Government for deduction of taxes.

 Supervise the payables management.
 Manages monthly accounting close cycle.
 Establish effective internal controls to minimize the fraud and error.
 Prepares and analyzes financial and operational reports; performs variance analysis.
 Ensure liquidity of funds for cash requirements.
 Analyzes, reviews, and audits overall general ledger and expense payable systems.
 Monitor fixed assets recording, maintaining and calculation of monthly depreciation.
 Review and analyze month end reports.
 Review of year end accounts of the company.
 Liaison with the auditors during audit of the company.
 Assist senior management for the preparation of budget proposals.
 Lead project offices in preparing their budgets.
 Monitor proper deduction of Government taxes and its timely deposit to tax authorities. File
 Returns to Government for deduction of taxes.

 To Prepare Monthly Operating Statements Of Newly Established Plants i.e.
o Auto Cables Plant
o PVC Compounding Plant
o Power Generation Plant
 To Prepare Feasibility Vs Actual Report.
 To Prepare Monthly Pricing For PVC Compounding Plant.
 To Prepare Monthly and Cumulative Break-Even Sales Analysis.
 To Prepare The Monthly Sales and Production Contents For COGS.
 To Supervise The Processing Of Payments and Deduction Of Withholding Tax.

To Monitor overall Financial Activities of Karachi Office and:

 To Train Sub-Office Finance Staff Regarding Financial Activities.
 To Make Feasibility Reports For New Initiatives.
 To Participate In Making Policies and Procedures for Controlling Irregularities.
 To Prepare Budgets Of Area Office and Sub-Offices.
 To Prepare Variance Analysis.
 To Finalize Trail Balance.
 To Monitor and Review Financial Reports from Sub-Offices.
 To Reports to Donor Agencies.
 To Monitor Working Capital Requirement.
 To Conduct Internal and External Audits of Area Office and Sub-Offices
 Monitoring Proper Deductions of Withholding Taxes.
 To Monitor Filing of Monthly and Annually Withholding Tax Statement With CBR.
 To Conduct Training For The Non-Financial Managers Of The Sub-Offices
 To Visit Sub-Offices in Interior Sindh and Balochistan For Monitoring Financial Activities.

Job Responsibilities were:

To Finalize business transactions and preparation of financial statements and:

 To Implement Policies and Procedures
 To Evaluate Operation With Compliance Of Policies and Procedures
 To Finalize the Trial Balance.
 To Prepare Financial Feasibilities for New Initiatives.
 To Prepare Grant Proposals to Funding Agencies.
 To Report Financial and Analytical Reviews to Funding Agencies.
 To Prepare Grant Variance Statements.
 To Conduct Scrutiny At Unit Level and Reporting to Management on Significance Findings
 To Analyze Feasibilities of Capital Proposals.
 To Maintain Fixed Assets Register.
 To Reconcile and Disburse Payroll.
 To Analyze Working Capital.
 To Check Payment, Receipt and Journal Vouchers.
 To Co-ordinate with Auditors.
 Correspondence with Units.

Also Visited Northern Areas of Pakistan and Chitral to Resolve Matters at Unit Level.