محمد عاصم مالك, Finance Manager

محمد عاصم مالك

Finance Manager

Dubai Blocks LLC

البلد
الإمارات العربية المتحدة - عجمان
التعليم
ماجستير, MBA Finance
الخبرات
25 years, 5 أشهر

مشاركة سيرتي الذاتية

حظر المستخدم


الخبرة العملية

مجموع سنوات الخبرة :25 years, 5 أشهر

Finance Manager في Dubai Blocks LLC
  • الإمارات العربية المتحدة - رأس الخيمة
  • يونيو 2016 إلى يناير 2024

 Designed and implemented a transport module in the SAGE, enabling decision making on items’ sales prices
 Launched FOCUS ERP9 in place of the SAGE, resulting in improved decision making for the senior management.
 Got refund claim of AED 39, 000/- from FTA-UAE without any tax agent involvement.
 Rectified loan interest calculation and reimbursed AED 70, 000/- refund from the bank.
 Scrutinized financial statements and budgets, causing 10% raised in profit margins.
 Handled bank financing facilities, letter of credit, and other bank matters and arranged fund resources.
 Independently completed VAT and corporate tax Registration, VAT Audit and oversaw VAT returns.
 Developed and formulated sales commission and daily cash flow reports in Microsoft excel, which reduced time and gave 100% accurate results.
 Headed contracts with vendors, decreased procurement cost by 15% and improved vendor relationships.

Finance Manager في Rubber World Industry LLC
  • الإمارات العربية المتحدة - عجمان
  • أكتوبر 2012 إلى أبريل 2016

 Modified cash flow budget, increased 10% cash flow by timely recoveries and controlling recurring OPEX.
 Increased revenues by 20% by reactivating past customers after credit & risk analysis.
 Activated dormant financing facilities and reduced bank charges for LCs of import bills.
 Led financial audits and ensured compliance with applicable laws, resulting in zero findings, and maintaining a clean audit record for three consecutive years.
 Executed business plan for 2 trading branches in Dubai and Abu Dhabi, brought 25% increase in sales.
 Developed and applied a new budgeting process that resulted in a 10% reduction in OPEX and a 5% increase in revenue.

Manager Accounts في Blooming Leather Private Limited
  • باكستان - كراتشي
  • أغسطس 2010 إلى سبتمبر 2012

 Analyzed financial data and proposed strategies to improve profitability, resulting in a 15% increase in net profit margin and a 10% improvement in overall financial performance.
 Oversaw filing of sales tax returns, resulting in 30% time savings and a 40% reduction in paperwork.
 Introduced banking facilities and enhanced funds resources of company by Rs. 90 million.
 Re-engineered job order costing processes and decreased production cost, leading to a 15% increase in revenue and a 5% improvement in profit margins.
 Streamlined the budgeting process by implementing automated tools, enhanced internal controls, reducing the time spent on budget preparation by 30% and improving the accuracy of financial forecasts.
 Played a key role in maintaining accounts receivable records, resulting in a 25% increase in timely receivables.

Manager Accounts في Maxco Private Limited
  • باكستان - كراتشي
  • مايو 2008 إلى يوليو 2010

 Exceeded P&L objectives by more than 20% annually through cost cutting and tight internal controls.
 Oversaw and streamlined the electronic conversion of 600+ vendor payments, which cut costs by 15%.
 Managed financial audits and tax compliance, resulting in a 100% compliance rate and no penalties or fines.
 Established excellent relationships with Bankers, leading fast processing of financing facilities.
 Supervised Payroll processing of 5, 000 employees of 10 divisions without any mistake.
 Headed a team of 25 accounting professionals of 10 divisions, trained new staff and defined responsibilities.

Manager Accounts في Super Fashions Private Limited
  • باكستان - كراتشي
  • سبتمبر 2001 إلى أبريل 2008

 Implemented new oracle financials ERP software, trained staff, resulting in a 30% increase in efficiency.
 Analyzed financial data, improved general ledger accuracy, identified cost savings opportunities, resulting in a 10% reduction in operating costs over a one-year period.
 Spearheaded a cross-departmental initiative for the reconciliation of 500+ vendor accounts, leading to a 20% reduction in discrepancies.
 Redesigned collections strategy and customer credit assessment process, resulting in a 20% reduction in overdue accounts receivables and a 10% increase in overall cash flow.
 Reviewed sales tax, which resulted in the rebate of an estimated PKR 60, 000 monthly from the government.
 Performed variance analysis, set item price and cost which led to an increase in revenue of Rs. 2.4 million.

Audit Trainee في Mushtaq & Company
  • باكستان - كراتشي
  • يونيو 1998 إلى سبتمبر 2001

 Performed audits of manufacturing, FMCG, insurance, and trading companies.
 Observed different accounting software, chart of accounts, and accounting policies of different companies.
 Identified flaws and assist client in resolving issues in the preparation of financial statements.
 Got expertise in sales tax, and income tax return filing procedures of different companies.

الخلفية التعليمية

ماجستير, MBA Finance
  • في IQRA University
  • ديسمبر 2011
بكالوريوس, Bachelor of Commerce
  • في University of Karachi
  • يونيو 1998

Specialties & Skills

Preparation
Management
Sales Tax
Risk Management
Auditing
Annual Budgets
Team Management
Negotiation
Teamwork
GENERAL LEDGER
FINANCIAL DATA
MANAGEMENT
VARIANCE ANALYSIS
Payroll
Planning

حسابات مواقع التواصل الاجتماعي

الموقع الشخصي
الموقع الشخصي

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اللغات

الانجليزية
متمرّس

الهوايات

  • Cricket