Furqan Siddiqui, Finance Associate

Furqan Siddiqui

Finance Associate

Tintash (PVT) Ltd.

Location
Pakistan
Education
Master's degree, Master in business Administration (MBA-Finance)
Experience
17 years, 1 Months

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Work Experience

Total years of experience :17 years, 1 Months

Finance Associate at Tintash (PVT) Ltd.
  • Pakistan - Lahore
  • My current job since July 2023

• Maintain correct complete records of all sales related activities and submit all required sales reports, expenses, weekly schedules and activity reports in an accurate and timely manner.
• Reconciliation of accounts and preparation of Payment schedules
• Contribute to the preparation of annual Key Accounts budget
• Liaison with banks and handling all banking matters such as TT, Bank Guarantees, Pay order etc.
• Preparation of Payroll & Payment Batch.
• Deduction & Payment of Withholding Tax.
• Bank, Debtor & Creditor Reconciliation.
• Manage liquidity and cash flow.
• Ensure compliance with tax laws and other regulatory requirements.

Manager Accounts at Pak Engineering Enterprises (PVT) LTD
  • Pakistan - Lahore
  • January 2023 to July 2023

• Project Costing and Cash Flows.
• Manage the preparation of the company’s budget.
• Analyze costs, pricing, variable contributions, sales results and the company’s actual performance compared to the business plans.
• Oversee operations of the finance department, set goals and objectives, and design a framework for these to be met.
• Liaise with auditors to ensure appropriate monitoring of company finances is maintained.
• Communicate financial information to stakeholders, including owners & project teams.
• Project Budgeting and Cash Pooling to meet Project Requirements.
• Preparation of Bank Reconciliation, Payroll & Final Accounts,
• Preparation of Payroll & Final settlement.
• Preparation of Final Account & Cash Flow
• Report the Financial Position of Organization to the Management.
• Manage accounts receivable and accounts payable.

Finance Manager at Al Mansoor International Company LLC.
  • Oman - Muscat
  • August 2012 to August 2022

• Develop and implement financial policies and procedures to ensure compliance with accounting principles, regulations, and standards.
• Monitor project costs, analyze variances, and identify areas for improvement.
• Prepare financial reports, including income statements, balance sheets, and cash flow statements.
• Collaborate with project managers to ensure that financial objectives are met.
• Communicate financial information to stakeholders, including owners, investors, and project teams.
• Manage risk and ensure that financial data is accurate and up-to-date.
• Develop and maintain relationships with financial institutions, suppliers, and key stakeholders.
• Internal & External Audit Assistance.
• Liaison with banks and handling all banking matters.
• Cash pooling to meet sister concern Company’s requirements.
• Project Budgeting and Cash Pooling to meet Project Requirements.
• Liaison with banks and handling all banking matters such as TT, Bank Guarantees, LCs, etc.
• Preparation of Payroll, Leave & Final Settlement.
• Bank, Debtor & Creditor Reconciliation.
• Recording of Creditor & Debtor Payment.

Account Assistant. at National Engineering Services Pakistan PVT Ltd (NESPAK)
  • Pakistan - Lahore
  • December 2006 to July 2012

• Producing accurate financial and management reports to specific deadlines.
• Budgeting and forecasting with periodical controls, management reporting and ensuring compliance.
• Funds and treasury management.
• Ensure an accurate and timely monthly, quarterly and year end close.
• System development for effective operations.
• Provide training to new and existing staff as needed.
• Handle personnel issues relating to staff conflicts, absenteeism, performance issues, etc.
• Implementation of Customized Accounting Software.
• Monitoring invoicing, payments and recovery.
• Handling petty cash & Records

Education

Master's degree, Master in business Administration (MBA-Finance)
  • at Virtual University
  • December 2011
Master's degree, Accounting
  • at Institute of cost management accountant of Pakistan(ICMAP)
  • November 2011
Bachelor's degree, BS
  • at Punjab University of Pakistan
  • July 2004

I passed B.SE in the subject Math, Stat & Economic

Specialties & Skills

Accounting
Bank Accounting
Administration
Preechtree Accounting
MS Office
Orion verion 10.2

Languages

English
Expert
Urdu
Expert
Arabic
Intermediate

Training and Certifications

yes (Certificate)
Date Attended:
September 2012
Valid Until:
October 2012

Hobbies

  • read poetry.