Muhammad Ashraf

• NPS procurement lead for Pakistan with regional reporting
• Achieved Saving of GBP 650K in last 2 and year
• Bring transparency and savings in buying of all types of non-production related material / services.
• New initiative in marketing / supply and facility management to reduce cost by putting competition
• Challenge quotations through component wise costing and bring savings
• Introduce multiple quote system to maximise the benefit
• Educate and support to activity lead in negotiation to get competitive price
• Build data bank i.e. catalogue items, placement locations and sizes
• Includes Credit term as key part of negotiation along with saving to get working capital benefit
• Creates Contract template to provide legal protection
• Creates robust system of challenging cost to get most competitive price

• Reports to Financial Director
• Have 4 Direct reports
• Supervise day-to-day treasury function activities including but not limited to Maintaining effective and professional relationship with Banks, Suppliers, LC negotiations, Payables Supervision, initiation of short-term investment proposals and accurate & timely recording/accounting of treasury related financial transactions
• Supervising and monitoring Company Fixed Cost
• Working Capital management, its Budgeting and reporting with variance analysis
• Supervise periodic meetings with Banks and suppliers for timely resolution of issues.
• Supervising E Banking (payments, Trade and reconciliations)
• Supervising reconciliations for AP, Banks, Investments and Supplier’s balance sheet account
• Key point of contact for external & internal Audit for Treasury related matters
• Income tax and VAT management related to vendor’s payment
• Supporting in inter-company reconciliations
• Ensuring all financial control are in place before making payments
• Taking lead to find ways for continuous improvements and simplification of AP system
• New initiatives and its implementation for improved working capital to meet challenging targets
• Monitoring Fund & Non Fund related Limits and its effective utilization

• Reports to Head of Supply Services \n• Have 7 Direct reports \n• Overall responsible for 2 in house and 3 external Finished Goods warehouses and its Logistics. \n• Monitoring OFR / PFR in line with Groups bench mark \n• Preparation and custodian of warehousing and logistics Budget. \n• Timely and efficiently managing customer needs with minimum cost \n• Multiple Audit co ordination with internal, external, MOH and ISO Auditors \n• Supervising Scrap sale activities

• Reports to Financial Controller
• Have 4 Direct reports
• Supervise day-to-day treasury function activities including but not limited to Maintaining effective and professional relationship with Banks, LC negotiations, Payables, Receivables, initiation of short-term investment proposals, accurate and timely recording/accounting of treasury related financial transactions
• Working Capital management, its Budgeting and reporting with variance analysis
• New initiatives and its implementation for improved working capital to meet challenging targets
• Timely issuance of bank guarantees as per the approved policies and procedures of the company.
• Monitoring Fund and Non Fund related Limits and its effective utilization
• Supervise periodic meetings with Banks, suppliers and customers for timely resolution of issues.
• Supervising E Banking (payments, collection, Trade and reconciliations)
• Supervising Banks, Investments, Suppliers and Customers reconciliations on a periodic basis

• Reports to Treasury & Accounts Manager \nDuring this tenure assigned various jobs. Major were: \n• Preparing Statutory Accounts & Audit Co ordination \n• Sales Tax/Excise Duty and Bank Guarantee related matters \n• Looking after all Company’s Insurance related matters \n• Managing Accruals \n• Custodian of Chart of Account matching with Global guideline \n• System related queries for General ledger \n• Bank Reconciliations and reconciliations for all related subsidiary accounts with GL.

• Reports to Finance Manager \n• Responsible for Complete Book Keeping of 4 companies of the group from Petty cash to Audit \n• Payroll, Bank & Inventory reconciliations

• Reports to Senior Accountant \n• Handling Petty cash, Cash and bank Balances, Bank overdraft monitoring \n• Bank and other related account reconciliations