Corporate & Plants Finance Manager
Food & Fine Manufacturing Company (Sunbulah Group)
Total years of experience :23 years, 9 Months
Leading financial planning & analysis, corporate accounting, and plant finance (for all three manufacturing facilities) with following key responsibilities:
- Preparation of overall and brand profit forecast up to expected net profit.
- Management of cost of the manufacturing operation via cost analysis, forecasting.
- Brand profitability management reviews sharing intervention plans (deliver top and bottom line)
- Setting budgets for all manufacturing and support functions, Leading cost saving program.
- Manage and control plant internal controls via control self assessments and random audits.
- Provide feasibility studies for Capex and expansion projects with the expected ROI, NPV, DCF
- Liaison with external auditors during quarterly and annual audits
Responsible for strategic cost management, cost analysis and accounting for region's second largest facility manufacturing various product categories.
- Led a complete cost culture turn around by developing 5-yr. cost reduction glide path
- Forecasting/ planning manufacturing budgets within +- 2% tolerance limit ($ 90 Million budget) on a quarterly basis followed by regional management reviews in Geneva
- Bench marking studies to reduce costs/operating expenses - product formulation analysis.
- Designed & launched comprehensive cost saving program to bring paradigm shift in manufacturing costs and productivity.
- Led various process re-engineering initiatives to implement water tight controls
Corporate Finance Manager Mar’09 to date
Managing a team of 05 employees of Corporate Finance Organization
Lead annual external and internal audits of company including preparation of statutory books and also book profit forecasting for entire Legal Entity.
Contribution to the development of strategic mission, vision, and guiding principles for the Corporate Finance Department in liaison with the CFO.
Prepared and implemented standard operating procedures for all major areas of Accounting in the company
Key Responsibilities:
• Developed visual FoxPro based financial system working in collaboration with IT consultants.
• Accurate & timely preparation of accounts pertaining to Mendoza and K.N. Academy (Sister concern of Mendoza)
• Designed an automated process for the tracking & monitoring of all budgets, including preparation of reports for senior management
Finalist Stage...• Qualified Professional-III successfully clearing Professional examinations of the Institute of Cost and Management Accountants of Pakistan (I.C.M.A.P.)
Scored 1st Division.