Total Years of Experience: 25 Years, 7 Months
August 2017
To Present
Assistant General Manager Accounts and finance
at Chenone stores ltd
Location :
Pakistan - Lahore
Role:
Finance team leader supporting stores & E-commerce (digital/web) Concept. Full ownership of Retail Financial Planning & Analyses Functions. Develop monthly forecasts, Annual Budgets, and 3-5 years long-term Strategic Plans. P & L Management (Sales, Margin, OPEX, CAPEX forecasting & Management). Prepare/ Present Business Cases for all new Retail & Real Estate Projects. Prepare executive level presentations (Monthly & Quarterly Business Reviews). Reviewing Franchises commission calculations. Merchandising/Product/Segment/Category reporting and analyses. Lead & Coach high performing team of finance and Accounts Professionals. Improve Existing processes & streamline workflow. Reviewing stitching unit financials, fabric stocks, W.I.P, finished items stock, per item conversion cost, fabric cost, & margins. Executing furniture factory payments reviewing its financials, wood stocks, ply stocks, W.I.P, finished items stock, per item conversion cost, design printing cost, & margins. Monitoring food cost of restaurant & executing its payments & sales taxes & reviewed its financial statements.
Finance team leader supporting stores & E-commerce (digital/web) Concept. Full ownership of Retail Financial Planning & Analyses Functions. Develop monthly forecasts, Annual Budgets, and 3-5 years long-term Strategic Plans. P & L Management (Sales, Margin, OPEX, CAPEX forecasting & Management). Prepare/ Present Business Cases for all new Retail & Real Estate Projects. Prepare executive level presentations (Monthly & Quarterly Business Reviews). Reviewing Franchises commission calculations. Merchandising/Product/Segment/Category reporting and analyses. Lead & Coach high performing team of finance and Accounts Professionals. Improve Existing processes & streamline workflow. Reviewing stitching unit financials, fabric stocks, W.I.P, finished items stock, per item conversion cost, fabric cost, & margins. Executing furniture factory payments reviewing its financials, wood stocks, ply stocks, W.I.P, finished items stock, per item conversion cost, design printing cost, & margins. Monitoring food cost of restaurant & executing its payments & sales taxes & reviewed its financial statements.
November 2014
To August 2017
MANAGER FINANCE & ACCOUNTS
at ENEM STORES
Location :
Pakistan - Lahore
Key Result Areas:
Role: Performing the key role of validating business plans & commercial strategies for maximizing profitability & revenue generation in line with corporate goals. Spearheading wide gamut of tasks involved in Financial Operations, Finalization of Accounts, Audit & Assurance, Financial Research & Analysis and Budgeting & Forecasting with total strength of 14 members including 3 Officers.
•Successfully slashed down payroll process time and effort by 30% via effective implementation of automated payroll generation system
•Deftly converted the partially implemented automated accounting system into fully automated & digital easy to access system in collaboration with the IT department
•Played a key role in deployment of cost saving protocols that resulted in 15% cost reduction
•Holds the distinction of:
o Recovering more than 4 million in overpaid vendor payments by performing audit of past payments
o Resolving billing discrepancies in sale base parties & establishing smooth relationship with vendors
o Re-designing & instituting accounting system; also involved in developing internal control procedures about cash payment, bank payment and proper implementation of voucher system.
o Recovering more than 2.5 million in unrealized credit sale by performing system audit of past credit sales.
• Efficiently & effectively cleared the bookkeeping backlog of over 1 year by developing & training the team of new staff
o Managing and overseeing the daily operations of the accounting department which include:
o Treasury, Banking, Cash forecasting, budgeting
o CAPEX
o Capital assets reconciliations
o Cash receipts
o Check runs
o Month and end-year process
o General ledger
o Accounts payable/receivable
o Payroll and utilities
o Revenue and expenditure variance analysis
o Debt activity
• Monitoring and analyzing accounting data and produce financial reports or statements.
• Enforcing accounting methods & policies
Role: Performing the key role of validating business plans & commercial strategies for maximizing profitability & revenue generation in line with corporate goals. Spearheading wide gamut of tasks involved in Financial Operations, Finalization of Accounts, Audit & Assurance, Financial Research & Analysis and Budgeting & Forecasting with total strength of 14 members including 3 Officers.
•Successfully slashed down payroll process time and effort by 30% via effective implementation of automated payroll generation system
•Deftly converted the partially implemented automated accounting system into fully automated & digital easy to access system in collaboration with the IT department
•Played a key role in deployment of cost saving protocols that resulted in 15% cost reduction
•Holds the distinction of:
o Recovering more than 4 million in overpaid vendor payments by performing audit of past payments
o Resolving billing discrepancies in sale base parties & establishing smooth relationship with vendors
o Re-designing & instituting accounting system; also involved in developing internal control procedures about cash payment, bank payment and proper implementation of voucher system.
o Recovering more than 2.5 million in unrealized credit sale by performing system audit of past credit sales.
• Efficiently & effectively cleared the bookkeeping backlog of over 1 year by developing & training the team of new staff
o Managing and overseeing the daily operations of the accounting department which include:
o Treasury, Banking, Cash forecasting, budgeting
o CAPEX
o Capital assets reconciliations
o Cash receipts
o Check runs
o Month and end-year process
o General ledger
o Accounts payable/receivable
o Payroll and utilities
o Revenue and expenditure variance analysis
o Debt activity
• Monitoring and analyzing accounting data and produce financial reports or statements.
• Enforcing accounting methods & policies
May 2006
To October 2014
MANAGER COSTING AND BUSINESS PLANNING
at Gulistan Group of Companies
Location :
Pakistan - Lahore
Created budgets and conducted variance analysis to determine difference between projected & actual results and implemented corrective actions for the same. Devised strategy and conducted financial research with team of 3 staff members. Held accountable for developing Costing System for effective operations as well as prepared monthly, annual and five year plans.
• Significantly analysed:
o New products by keeping close liaison with R&D Department to produce new product with higher profit
o Current product mix to produce optimum product mix which can generate the maximum profit
o Product cost; coordinated with R&D Department to find ways and means to reduce the product cost; also changed material composition or increased production of machines
• Contributions towards managing pre-costing process i.e. pricing of different types of yarn for both local & international
• Introduced various new products such as Lycra Yarn, Spandex Yarn, Loyocell, Jute Yarn, Silk Yarn, Air cell, Bamboo and Rigid Core Yarn
• Dexterously reduced material cost of open end yarn by evaluating.
• Budgeted and forecasted with periodical controls, variance analysis and reported it to management to ensure compliance.
• Developed Costing System for effective operations.
• Made revisions in plans by scanning the economic environment quarterly and prepared monthly, annual and five year plans.
• Carried out capital expenditure analysis.
• Kept close liaison with R & D department to produce new product and to find ways and means to reduce the product cost i.e. by changing material composition, or by increasing production of machines.
• Analyzed the product cost and current product mix to produce optimum product mix which can generate the maximum profit.
• Controlled the operations by taking corrective action to keep operations in line with budget.
• Handled pre costing i.e pricing of different types of yarn for both local & international.
• Held monthly meetings to review performance
• Significantly analysed:
o New products by keeping close liaison with R&D Department to produce new product with higher profit
o Current product mix to produce optimum product mix which can generate the maximum profit
o Product cost; coordinated with R&D Department to find ways and means to reduce the product cost; also changed material composition or increased production of machines
• Contributions towards managing pre-costing process i.e. pricing of different types of yarn for both local & international
• Introduced various new products such as Lycra Yarn, Spandex Yarn, Loyocell, Jute Yarn, Silk Yarn, Air cell, Bamboo and Rigid Core Yarn
• Dexterously reduced material cost of open end yarn by evaluating.
• Budgeted and forecasted with periodical controls, variance analysis and reported it to management to ensure compliance.
• Developed Costing System for effective operations.
• Made revisions in plans by scanning the economic environment quarterly and prepared monthly, annual and five year plans.
• Carried out capital expenditure analysis.
• Kept close liaison with R & D department to produce new product and to find ways and means to reduce the product cost i.e. by changing material composition, or by increasing production of machines.
• Analyzed the product cost and current product mix to produce optimum product mix which can generate the maximum profit.
• Controlled the operations by taking corrective action to keep operations in line with budget.
• Handled pre costing i.e pricing of different types of yarn for both local & international.
• Held monthly meetings to review performance
July 2003
To May 2006
DEPUTY Group Accounts Manager
at Gulistan Group of Companies
Location :
Pakistan - Lahore
Organization : Gulistan group of Companies.
Organization Type : Textile
Designation : D.M Group Accounts, Accounts & Finance
Tenure : July 2003 to May 2006
Location : Lahore, Pakistan
Area(s) of Experience : Accounts, Finance, and MIS
Reporting to : Group Manager Accounts
Responsibility : Monitoring Accounting Systems / Procedures Review and Development
Span of Control :
Brief Job Description : • Providing management with financial ratios and related KPI’s relevant in decision making
• Managing group chart of Accounts;
• Consolidating the financial statements of group companies;
• System development for effective operations;
• Monitoring invoicing, payment and recovery;
• Preparation and submission of different reports as per SECP and statutory requirement
Organization Type : Textile
Designation : D.M Group Accounts, Accounts & Finance
Tenure : July 2003 to May 2006
Location : Lahore, Pakistan
Area(s) of Experience : Accounts, Finance, and MIS
Reporting to : Group Manager Accounts
Responsibility : Monitoring Accounting Systems / Procedures Review and Development
Span of Control :
Brief Job Description : • Providing management with financial ratios and related KPI’s relevant in decision making
• Managing group chart of Accounts;
• Consolidating the financial statements of group companies;
• System development for effective operations;
• Monitoring invoicing, payment and recovery;
• Preparation and submission of different reports as per SECP and statutory requirement
April 2000
To July 2003
Deputy Manager Accounts & Finance
at Prime Dairies Ltd
Location :
Pakistan - Lahore
Organization Prime Dairies Ltd.
Organization Type : Manufacturing Dairy Products.
Designation : Deputy Manager Accounts & Finance
Tenure : April 2000 - July 2003
Location : Lahore, Pakistan
Area(s) of Experience : Finance & Accounting
Reporting to : Managing Director
Responsibility : Management Reporting, Audit & Assurance, Formulating Strategy, Budget & Forecasting, Leading & Supervision Finance & Accounting, Financial Research & Analysis, Supply Chain Management, Banking, Financial Operations, Finalization of Accounts, Audit Facilitation, and Preparation of Periodical Reports including Annual Report,
Span of Control : 15 staff including 3 Officer
Brief Job Description : • Controlling corporate financial planning;
• Budgeting and forecasting with periodical controls, variance analysis, management reporting and ensuring compliance
• Funds and treasury management;
• Financial research and analysis.
• Accounting System development for effective operations;
• Monitoring invoicing, payment and recovery;
• Liaison with banks and handling all banking matters;
• Preparation and submission of different reports as per SECP and statutory requirement
• Preparation of different reports required for management’s decision making.
Organization Type : Manufacturing Dairy Products.
Designation : Deputy Manager Accounts & Finance
Tenure : April 2000 - July 2003
Location : Lahore, Pakistan
Area(s) of Experience : Finance & Accounting
Reporting to : Managing Director
Responsibility : Management Reporting, Audit & Assurance, Formulating Strategy, Budget & Forecasting, Leading & Supervision Finance & Accounting, Financial Research & Analysis, Supply Chain Management, Banking, Financial Operations, Finalization of Accounts, Audit Facilitation, and Preparation of Periodical Reports including Annual Report,
Span of Control : 15 staff including 3 Officer
Brief Job Description : • Controlling corporate financial planning;
• Budgeting and forecasting with periodical controls, variance analysis, management reporting and ensuring compliance
• Funds and treasury management;
• Financial research and analysis.
• Accounting System development for effective operations;
• Monitoring invoicing, payment and recovery;
• Liaison with banks and handling all banking matters;
• Preparation and submission of different reports as per SECP and statutory requirement
• Preparation of different reports required for management’s decision making.
August 1998
To March 2000
Manager Finance
at PRIME RANGERS DAIRY PRODUCT (Pvt) Ltd.
Location :
Pakistan - Lahore
Organization : PRIME RANGERS DAIRY PRODUCT (Pvt) Ltd.
Organization Type : MILK COLLECTION
Designation
Tenure : Manager Finance & Accounts
August 1998 to March 2000
Location : Lahore, Pakistan
Area(s) of Experience
Reporting to
Responsibility : Finance & Accounting
Managing Director
Financial Operations, Payroll, Bank Reconciliation, Finalization of Accounts, Audit Facilitation, and preparation of Periodical Reports including Annual Report.
Span of Control : 10 staff including 2 Officer
Brief Job Description : • Controlling financial planning;
• Budgeting and forecasting with periodical controls, management reporting.
• Monitoring bookkeeping.
• Accounting System development;
• Monitoring invoicing, payment and recovery;
• Liaison with banks and handling all banking matters;
• Monitoring payroll system.
• Preparation and submission of different reports as per SECP and statutory requirement.
Organization Type : MILK COLLECTION
Designation
Tenure : Manager Finance & Accounts
August 1998 to March 2000
Location : Lahore, Pakistan
Area(s) of Experience
Reporting to
Responsibility : Finance & Accounting
Managing Director
Financial Operations, Payroll, Bank Reconciliation, Finalization of Accounts, Audit Facilitation, and preparation of Periodical Reports including Annual Report.
Span of Control : 10 staff including 2 Officer
Brief Job Description : • Controlling financial planning;
• Budgeting and forecasting with periodical controls, management reporting.
• Monitoring bookkeeping.
• Accounting System development;
• Monitoring invoicing, payment and recovery;
• Liaison with banks and handling all banking matters;
• Monitoring payroll system.
• Preparation and submission of different reports as per SECP and statutory requirement.
Share on Facebook
Share on Twitter
Share Via Email