Arif Butt

● Manage and maintain the Organization Valuation Model
● Draft internal memorandums for valuation and modelling updates
● Consult with the management team to develop different financial models, which will be used for scenario
● Work closely with the Finance Division, Strategy Division, and other internal stakeholders to ensure accurate financial data, reports, and decision support
● Analyse past and current financial data of Organization and producing long term forecast and operational metrics tracking reports
● Perform financial due diligence
● Gather public information through numerous sources in order to support corporate finance analysis
● Provide analysis to support large public projects, refinancing transactions, and strategic reviews
● Take initiative in continuous improvement
● Provide exceptional customer service and stakeholder engagement
● Engage, support, motivate and develop capability and potential in others
● Reward and recognise good performance aligned to organisational values and goals
● Support organisational objectives around engagement and culture change

● Complete monthly and quarterly reconciliation of balance sheet and ledger accounts, profit and loss accounts for individual transactions together with profit calculations and month end financial reporting to parent entity in New York adhering to US Generally Accepted Accounting Principles (GAAP)
● Process monthly payroll for all employees including contractors and overseas employees. Undertake payroll tax annual reconciliations and lodge to the Office of State Revenue (OSR) together with quarterly superannuation reconciliations. Prepare group tax, payroll tax and superannuation payments.
● Actively participate in the development and implementation of strategic plan in conjunction with the board and the CEO
● Ensure regulatory compliance, governance and participate in statutory, ATO and Worker’s compensation audits and advise on GST issues with regard to local and international trade
● Oversee the forecasting, accounts receivable and payable, data analysis and reconciliation functions
● Prepare monthly management reports for trade credits usage and manage inventory usage reports for clients and reconcile with General Ledger
● Assist CFO with monthly reporting of financial statements to Regional Head Office in the UK
● Reconcile fixed asset accounts and inventory on monthly basis and perform asset additions and disposals
Achievements:
● Successfully identified high corporate risk with extremely complex client contracts which were being interpreted differently across different jurisdictions. Implemented training for the sales team and re-engineered the sales process to ensure clients understood the terms and conditions and therefore significantly reduced the risk of clients not adhering to their contractual obligations
● Successfully rolled out PeopleSoft across the business which previously ran MYOB
● Significantly reduced the company’s inventory by selling excess stock at a discount which resulted in an immediate $400k being added to the bottom line
● Proactively identified slow moving media inventories in monthly management meetings hence reducing risk of writing off $1mill in last 3 years
● Streamlined phone, hardware and system contracts together with Client’s credit insurance which resulted in savings of over $90k per annum

● Reconcile bank, debtor and creditor statements
● Complete month end financial reporting, accrual of costs and expenses and Business Activity Statement (BAS) preparation
● Preparation of monthly P&L, Segment P&L, Monthly Balance Sheet and Cash flow
● Process sick leave, annual leave and depreciation accruals on a monthly basis
● Process payroll for all employees and ensure Superannuation payments are made within prescribed timeframes
● Supervise the accounts payable and receivable functions and be approval point for EFT and cheque payments

Achievements:
● Set up an individual client profit reporting system and identified loss making clients prompting significant changes to our commercial contracts resulting of savings in excess of $250k per annum
● Implemented swift policy initiatives to address significant cash flow issues due to poor credit control management; successfully brought cash flow in line with 45 day payment terms and effectively cleared the trade debtors balance which was in arrears by more than $1m

● Process and reconcile daily banking and debtor account entries; set up debtor accounts and manage debtor collections
● Resolve customer credit claims and supplier queries; process, code and reconcile invoices as well as raise cheques for payment and ensure settlement of accounts in a timely manner
● Monitor holdback and clearing accounts, conduct detailed analysis of accounts and assist to resolve minor accounts payable differences with vendors
● Assist with the preparation of monthly management accounts, journals, reconciliations and cash-flows
● General ad-hoc accounting work as required and directed by the Financial Accountant

Afrah Pty Limited, Kingsgrove: September 2004 - January 2006
BOOKKEEPER
♦ Undertaking accounts payable and accounts receivable, processing up to 100 invoices per day, reconciling discrepancies, drawing cheques on a weekly basis and collecting outstanding debtor accounts in order to maximise cash-flow.
♦ Managing all accounting functions, providing relevant and accurate information to management and collating relevant accounting documents, and substantiating business transactions.
♦ Verifying and posting details of transactions, ensuring accurate allocations, reconciling general ledger accounts and bank accounts ensuring completeness; auditing invoices against orders, researching discrepancies and securing approval for payment.
♦ Maintaining computerised accounting records, facilitating timely retrieval of business critical information and assisting in the preparation of periodic financial reports, including cash-flow, profit and loss and balance sheet.
♦ Inquiring and answering creditors, colleagues regarding outstanding payments and stock; consulting with colleagues, suppliers and members of the sales team with a view to resolving queries promptly and efficiently.

National Database & Registration Authority: Jan 2002 - Dec 2003
ASSISTANT DIRECTOR
♦ Providing leadership to a multidisciplinary team in this public sector organisation, coordinating staffing resources across different branch offices (right across the region) and provide coaching and training to work through complex issues.
♦ Undertaking client service and managing complex issues, distribution of national identity cards, investigating fraudulent clients, completing various management duties along with reporting on progress, including preparing database reports.