Cost Controller (consultant)
Total Tractable OEM
Total years of experience :19 years, 11 Months
A challenging project to take over the entire budgeting and planning activity of the company. The project mainly focused on integrity of current data and long term budgeting. It involved defining the budgeting and planning activity, making various upgrades in data, training upcoming personnel to working level understanding, helping engineers in solving the problems with the budget spending's, helping engineers to understand various technical problems in budgeting and planning and how to solve them, define the correct procedures and communicate them to all levels. The project was challenging and required hard work, team playing and rigorous analysis of data. A consultant report was produced to highlighting various problems which were encountered and recommendation for solving the problems were presented to the management.
Preparation of MIS reports and assigning the feedback actions. Ensuring the profitability of organisation with cost control measures. Consolidation of departmental budget into organisational budget. Conducting departmental audit on monthly and annual basis to achieve faster completion of external audit Advising Director of operations on cost control and capital expenditures.
Assisting in fund management activities of the company
Dealing/Negotiations with banks on rates and other matters.
SWAP/Hedge accounting.
Dealing and maintaining relationship with customers.
Forecast Cash flow.
Stock Taking Supervision.
Preparation of new accounting policies.
Reporting to parent companies monthly and annual financial statements.
Preparation of Financial Statement on Monthly and Annual Basis.
Dealing with auditors during the audit period.
Providing auditor with required books of accounts and schedules.
Closing of monthly account and annual accounts.
Closing of monthly account and annual accounts.
Dealing with customer’s advances, loans and guarantees.
Quarterly audit on inventory physical counts and sight reviews.
Planning and deviation reporting on each project.
Usual accounting matters.
Budgeting and KPI reviews for management decision making
Professional experience
Accountant in Aga Khan Hospital and Medical College Foundation since June 2006
Reporting to directors on various legal and financial matters
Assisting Company Secretary in compliance and Risk procedures
Assisting in fund management activities of the company
Assisting board members in fulfilling their role.
Report on current changes in law, corporate governance and best practice
Preparation of the board meetings and attending to provide information in the same
Handling Emails.
Arrange Meetings.
Preparation and checking of all type of Vouchers pertaining to company related matters and receipt and disbursement of funds.
Assisted in implementation of Enterprise Resource Planning application in the company.
Bank Reconciliation Statement of Various Bank Accounts.
Cash flow reconciliation, actual versus planned.
Inventory recording ad planning.
Preparation of Petty cash vouchers
Preparation of Payable vouchers
Preparation of Receivable vouchers
Preparation of Journal voucher
Summary of donation received and disbursed
Allocating funds in different head of accounts
Preparation of portfolio investment
Preparation of filling system
Recording and maintaining donation statements
Dealing with auditors during the whole audit period
Providing auditor with required books of accounts and schedules
Sr. Officer in Sultan Associates in Audit, Compliance and Taxation Department since April 2004 to June 2006
Sultan Associates
Internal Audit
Identifying value added activities
Cost focus audit
Making the Work flow analysis and identifying loopholes
Financial audit
Working on taxation and related matters.
Preparing accounts of the client
Preparing the tax forms
Preparation of accounts for the clients.
Preparing trial balance
Preparing Income Statement
Preparation of Balance Sheet
Book keeping and record keeping for clients.
Preparing receivable ledger
Preparing payable ledger
Recording payroll related items
Inventory records
Inventory count for the year end
B.com and ACCA Part 3 (cleared upto paper 2.4)