Arshed Hussain Mir

FINANCE MANAGER
GULF CENTRAL COMPANY, RIYADH, CENTRAL
• Corporate Planning & Systems
• Involved in corporate planning during organizational restructuring at all levels
• Involved in formulation of various systems, policies, procedures, commensurate with the need of the company
• Involved in Financial projections of collaborations / joint ventures envisaged
ii) Finance
• Budgeting, Forecasting, Cost & Credit Control, Margin Analysis, Costing & Profitability Analysis and Management Reporting
• Preparation and submission of applications to Financial Institutions for financial assistance in form of Term Loans, Short Term Deposits and timely follow up for necessary sanctions, documentations and disbursements
• Surplus Fund Management in terms of placement of inter-corporate deposits to Corporate

iii) Banking and Working Capital
• Preparation and appraisal of working capital proposal
• Fixing up arrangements of working capital
• Bill Discounting and L/C backed Bill discounting at competitive interest rates
• Arranging Letters of Credit and Bank Guarantee
• Arranging Suppliers' Credit and Buyers' Credit
• Liaisoning with Senior Officials of Banks, Financial Institutions, Finance Companies, Mutual Funds, etc

iv) Accounts, Stores & Audit
• Finalization of accounts, divisional & branch accounting
• Attending statutory auditors, internal auditors
• Stores/ Materials accounting
• Stores Management & Administration
• Tax audit details preparation
• Computerized accounting
• Debtors' management and credit control
• Accounting Standards and their implementation
• Insurance Portfolio

v) Taxation
• Oversee Personal taxation - employees
• Oversee Filing of returns and attending tax authorities for assessments and appeals

vi) MIS, Budgeting & Costing
• Costing - product and process
• Budget preparation and Budgetary controls Executed core financial processes, including vendor setup and payment, operational expenses, administration of bank accounts and account reconciliations
• Produced various reports outlining financial data to assist management with making strategic plans and operational decisions
• Managed tracking of 3 offices and headquarters revenue, budgets and expenses
• Protected company assets with strategic risk management approaches
• Developed forecasting tools to analyse revenue variance, business pipeline and industry trends
• Developed budgets and strategic plans for day-to-day operations
• Performed banking, business administration and financial tasks to guarantee five-star service for clients
• Researched and drove integration of ERP to increase efficiency of accounting systems
• Decreased monthly expenditures by 3% through effectively reviewing documents and identifying problem areas
• Consulted with representatives of regulatory agencies to complete accurate filings and uphold strict compliance
• Audited, balanced and reconciled payroll for more than 110 personnel
• Prepared budgets, cash flow projections, cost analysis and monthly, quarterly and annual reports
• Complied with established internal controls and policies
• Improved overall financial reporting by redesigning control processes and reporting structures
• Created robust, diversified financial portfolios for clients
• Resubmitted overdue invoices and contacted customers to determine when payments would be received
• Supported Management in Administration with special projects and additional job duties
• Maintained and processed invoices, deposits and money logs
• Funded initiatives by cultivating strong partnerships and stockholder relationships
• Trained new and existing staff members in various financial procedures to help each prepare for job requirements
• Performed spending analysis and partnerships to refine policies and develop recommendations for improvement

• Functioned as Assistant Director (Finance) and have been working with National AIDS Control Organisation, since May-2005, functioning as Co-Drawing and Disbursing Officer (D.D.O), my major job responsibilities included:
i) Responsible for End to End Accounting.
ii) Timely release of funds to concerned implementing agencies for the activities of the programme.
iii) Function as Co-Drawing and Disbursing Officer
iv) Managing day to day administration of the office.
v) Identify and assess funds requirements under various components of project.
vi) Responsible for conduction & facilitation of various types of audits.
vii) Produce component-wise, category-wise and account head-wise expenditure statements.
viii) Make sure timely reconciliation of accounts of project to claim disbursement from World Bank.
ix) Prepare budgetary provisions required for implementation of project
x) Provide implementation assistance to AFU Personnel for smooth implementation of the finance and Account System.
xi) Stores Management & its verification.
• In addition to the above job responsibilities, my job profile included Preparation of Society's Financial Accounts, Budgeting, Funds/Cash flow management, Income Tax, TDS, Banking, Computerized Financial Management System(CFMS)/MIS, conduction & facilitation of various types of Audits which included internal, external, CAG's & sometimes World Banks Audit, Preparations Annual Action Plans, Procurement Plans, Settlement of advances, Providing timely & reliable information, as and when required by National AIDS Control Organization (NACO), World Bank / Other departments in Government of India (GOI) & in State Government, Preparation of Agenda for Governing Body meetings.
• My experience in day to day administration of the organisatation, which include managing the office administration, meeting, tours, inspections etc.
• Functioning as Member Secretary in Purchase Committee of J&K State AIDS Control Society, which is responsible for procurement of various goods & services, as per the procurement procedures of NACO/ World Bank

4. SOS Children's Villages of India (5-2004 to 5-2005)

Worked as Head of the accounts section (Srinagar Village) in World's second largest Non-
Governmental Organization involved in Child Care and their development, prime
responsibilities included Budgeting, Procurement, funds/cash flow management, taxation,
banking, maintaining computerized financial accounts, preparing final accounts, and their
Audit, Reporting through Computerized Information System (CIS) to National
Coordination Office (NCO), at New Delhi for further information to its funding agencies
i.e. Kinderdolf International, Austria & UNICEF, etc.

5. Ultramark Health Care Pvt. Limited. (11-2003 to 4-2004)

Worked as a Accounts officer in a pharmaceuticals Company, (Ultramark Health Care
Pvt. Limited), prime responsibilities included Budgeting, Procurement, Funds/Cash flow
management, Taxation, Banking, Maintaining computerized financial accounts, Preparing
final accounts, and their Audit, etc.

Participations:
i) Represented the State of Jammu & Kashmir in Annual Plan discussions held in
Ministry of Health & Family Welfare, GOI, Nirman Bawan, New Delhi, for finalizing the annual action plan to implement the various components of National AIDS