Financial Controller
NRI Group of Companies
Total years of experience :29 years, 6 Months
Manufacturing and Resale of Usable Assets
• Overall responsible for full cycle of accounting operations
• Review, delegation and supervision of accounting staff
• Liaison with external auditor for annual audit and schedules
• Perform analysis to high light key performance indicators
• Prepare annual budget and ongoing forecasts
• Manage guarantees, loans and cash flow
• Month end closing, preparation of each company individual financial statements
• Responsible for accounts payable, accounts receivable and payroll
• Prepare biweekly expense reports and monthly earnings reports
• Analyzed data to support executive decisions
• Managed accounting and payroll for five corporation at various locations for Canadian operations and US operations.
Manufacturing Fresh and Frozen Baking
• Responsible for the monthly closing and maintenance of general ledger, including reconciliations
• Performed product cost and price analysis for new and existing products
• Perform quantitative analysis of manufacturing key drivers and indicators
• Analysed budgeted expenditures with actual spending and reported reasons for variances
• Extensively used Excel formulas, functions and data extraction tools for business information analysis
• Calculated standard cost modules for updating manufacturing bill of material
• Managed credit check and collection for accounts receivable
• Supervised accounting staff at multiple locations; reviewed performance and advised increments
• Supported department heads i.e. production, marketing and supply chain, in financial decision making
• Established procedures to ensure sound financial control over assets, and reviewed cost and general accounting activities to ensure accounting systems were properly maintained to meet with business reporting requirements on timely basis
• Worked with auditors during their assignments and ensured staff compliance to the qualified requests.
Manufacturing Telecom and Electrical Equipments
• Managed accounting department and supervised staff at multiple locations
• Performed data extraction from ERP system using MS Access and Crystal Reports; Analysed revenue stream, product costs, budget vs. actual time analysis; inventory reconciliation with system inventory and investigated variance
• Prepared detailed cost reports on job order basis; assigned costs by product cost centres to determine overhead
• Prepared financial reports for financial institutions for business loans and credits
• Prepared monthly fixed asset and depreciation schedules and prepared accrual journal entries
• Prepared product cost analysis for over a thousand products to justify their existence and contribution
• Prepared project cost and compared with AFE to identify upcoming cash requirements
• Processed bi-weekly payroll information; managed remittances and government returns
• Prepared documentation for walk through tests and implemented changes to standard costing system
• Prepared monthly financial statements for management with supporting schedules and documents
• Design and implement a computerised accounts receivable, payable and payroll system in cooperation with consultants
Manufacture and Fabricators of Structural Steel
• Analysed a project’s actual cost with budgeted tenders for projects' variations
• Ensured proper coding and allocation of expenditures to appropriate cost centre
• Estimated work in progress and due from / due to customer balances at each period end
• Identified and allocated collections between progressive payments and advances on projects
• Performed physical inventory reconciliation with system inventory and investigated variance
• Prepared cost and revenue analysis to assist project managers in cost tracking i.e. actual cost vs. budget
• Prepared monthly fixed asset and depreciation schedules for accrual entries on periodic basis
• Prepared project cost sheets at percentage of completion basis and allocated operating expenses to subcontract, personnel, equipment, depreciation and amortization, as well as insurance and joint ventures costs
Projects include: Hub Power, Sabiya Power, Borouge, Falcon Melting Pots, and Emirates Towers
Chartered Accountants
Perform audits for public, private and not for profit entities.
Prepare financials statements and clients reports.
Plan audit strategies and budgets.
Evaluated internal control systems and conducted on site inventories.
Prepared management letter comments.
Clients include: Habib Bank, Adamjee Insurance, Bata Pakistan, Dawood Textiles, Ittefaq Sugar and UCH Hospital
Member of American Institute of Certified Public Accountants.
