Manager F&A/Company Secretary
NLC Construction Solutions &NLC Pearl Precast Pvt Ltd.
Total years of experience :18 years, 2 Months
Preparing financial accounts and other financial information required by management team for their day-to-day business operations and involved in Risk Management reference to implementation and compliance of new and existing policies and procedures.
Performing/ Supervising Corporate, Taxes and other statutory filing activities of companies.
Preparing financial accounts and other financial information required by management team for their day-to-day business operations.
Involved in major decisions of the management regarding risk management & analytical review of financial position of the company.
Performed additional services for PMO reference for long outstanding receivables from customer which were successfully recovered.
Ensuring monthly payments of statutory compliances and filling of returns to respective departments like VAT, Service tax, etc.
Responsible for compliance of all the policies and procedures of the company in different departments.
Supervising periodic internal audit of Head office Pakistan & sister concern offices in Oman and place deviations to the management.
Implementing process of effective cost reduction which resulted in accurate project costing and rising trends of profit of the company.
Liaison and develop good rapport with commercial bank and statutory bodies for all treasury & other corporate transactions.
Forecast monthly & weekly Cash Flow requirements and handle allocation of funds.
Spearheaded accounting & financial reporting function at NSN Pakistan.
Followed statutory regulations IFRS/local GAAP accounting principles and prepared periodic statutory reports and tax filings for the legal entity.
Ensured completion of statutory audits with respect to Treasury- intercompany entities and external foreign vendor’s payment of the entity within statutory deadlines.
Maintained the legal file for Pakistan entities and provided support in secretarial practices.
Involved in change management for implementation of global treasury processes and procedures in light of local country laws.
Worked on Balance Sheet analysis and keeping books clean, reflective of correct financial position.
Maintained cordial working relationship with tax advisors (E&Y and PWC), auditors, and bankers.
Directly interacted with Central Bank as well as local Commercial Banks on Cash Management requirements/queries.
Prepared and delivered liquidity planning (cash forecast), and funding requirements to NSN Global Corporate Finance at monthly closing for both Pakistan & Afghanistan entities.
Instrumental in reviewing financial transaction processing in SAP and submitting feedback when needed.
Supervised reconciliation of intercompany payment balances and monitoring fund management function.
Efficiently handled merger accounting of Nokia and Siemens accounting records within SAP.
Managed financial data migration of Motorola Pakistan in SAP with the Nokia Siemens Networks financial data.
Responsible for maintaining fixed assets registered along with asset tagging, and assets register reconciliation in G/L.
Prepared quarter and annual advance tax returns and verified actual tax returns with our calculations.
Administered collection of evidence for withholding tax (tax certificates) deducted by Customers, banks and customs, in order to ensure proper and ready records of tax deductions at source.
Assisted in tax audit data preparation for tax year 2009 to 2011.
Part of inventory management reporting and managing annual stock take.
Prepared financial & management reporting on monthly, quarterly and annual basis.
Directed monthly SOX reporting and Compliance testing of SOX controls on the SAP financials (IS & BS).
Coordinated and managed timely completion of external audits within deadlines for the span of three years
Responsible for SOX compliance and internal reporting of accounts payable section on quarterly basis and gathered evidence to ensure the compliances with SOX controls.
Accountable for internal control testing and reporting of NSN Iraq, NSN Afghanistan, NSN Syria, NSN Lebanon and NSN Pakistan.
Achievements:
Received appreciation for successfully paying of 02 yearlong outstanding IC loan of Euro 28.5M together with interest of Euro 2M approx.
Paying off external foreign vendor stuck up in 2009 & 2010 amounting to 01 M Euro.
Successfully implemented process of settlement/reduction long outstanding IC liabilities of approx. Euro 7M.
Received appreciation on accomplishment of tax audit data preparation for tax year 2009 during financial year 2011
Curtailing foreign payment turn over time to max. 03 weeks or much earlier henceforth achieving the clearing of open liabilities in time frame as defined in NSN chart of accounts.
Appreciation from NSN Regional as well as Global Teams in assisting them on achieving their objectives.
