Khurram Idrees Essani, Manager Finance

Khurram Idrees Essani

Manager Finance

Global Business Solution

Location
Pakistan - Karachi
Education
Master's degree, Assoicated Cost and Management Accountant
Experience
23 years, 4 Months

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Work Experience

Total years of experience :23 years, 4 Months

Manager Finance at Global Business Solution
  • Saudi Arabia - Khobar
  • My current job since June 2015

 Responsible for providing overall direction for the accounting, insurance, budget, variance analysis, trend valuation, and treasury functions.
 Responsible for the annual budget, coordinating the input from respective divisions and departments, providing them information and interpretation of key financial performance indicators and highlighting areas for improvement
 Responsible for Monthly and quarterly reports for business reviews and other analysis.
 Responsible for the annual, quarterly and monthly Financial Statements.
 Responsible for monitoring of monthly, quarterly and annual action plan with associated budget and forecast in line with strategy and directions.
 Responsible for the complete process of external audits and compliance in accordance with corporate law and accounting standards.
 Responsible for fund management, cash flows and highlight the short term fund planning to meet day by day cash activities.
 Responsible to handle all tax issues for the Liaison office (in my previous company in Pakistan), including filing of monthly and annual return and all other tax requirements and correspondence.
 Responsible to prepare and report the monthly variances with the key elements of variance and suggest cost control measures.
 Responsible to calculate and report the exchange gains and losses in order to drive the results purely related to business.
 Responsible to manage the funds in banks, prepare fund request in the light of revenue expenditures, capital expenditures and next periods forecast.
 Dealings with all vendors for all business and tax related issues.

Finance & Admin Lead at Walmart Stores Inc. USA – Pakistan Liaison Office
  • Pakistan - Karachi
  • December 2007 to December 2014

 Responsible for providing overall direction for the accounting, insurance, budget, variance analysis, trend valuation, and treasury functions.
 Responsible for the annual budget, coordinating the input from respective divisions and departments, providing them information and interpretation of key financial performance indicators and highlighting areas for improvement
 Responsible for Monthly and quarterly reports for business reviews and other analysis.
 Responsible for the annual, quarterly and monthly Financial Statements.
 Responsible for monitoring of monthly, quarterly and annual action plan with associated budget and forecast in line with strategy and directions.
 Responsible for the complete process of external audits and compliance in accordance with corporate law and accounting standards.
 Responsible for fund management, cash flows and highlight the short term fund planning to meet day by day cash activities.
 Responsible to handle all tax issues for the Liaison office (in my previous company in Pakistan), including filing of monthly and annual return and all other tax requirements and correspondence.
 Responsible to prepare and report the monthly variances with the key elements of variance and suggest cost control measures.
 Responsible to calculate and report the exchange gains and losses in order to drive the results purely related to business.
 Responsible to manage the funds in banks, prepare fund request in the light of revenue expenditures, capital expenditures and next periods forecast.
 Dealings with all vendors for all business and tax related issues.
 Responsible for provide coaching and support to management, to assist them working with associates in order to achieve their performance objectives.
 Facilitate and support training initiatives to achieve a driven business to ensure maximum effectiveness.
 Responsible to give complete knowledge to associates about the company policies related to leaves, entitlements, office related policies including dress code, office timings, insurance related benefits, travel policies, attendance policies and all other benefits
 Responsible for Payroll of the Company, with all tax related deductions, benefits workings and final settlement calculations
 Responsible to manage all infrastructure related developments in the office
 Responsible for all legal and services related contracts of the company
 Responsible to manage all office facilities and services to include:
Travel & Transport, Office and Computer supplies, Security & Safety Systems and other matters related to Administration & Security.

Asst. Manager Accounts – Corporate Sales Department at United Mobiles
  • Pakistan - Karachi
  • November 2002 to December 2007

Completely take care of Corporate Sales Department, including costing, control on debtors, monthly financial reporting, collection details, collection strategy etc.

Accountant at Ismail Industries Limited
  • Pakistan - Karachi
  • August 2000 to November 2002

Bank Reconciliation, Debtors and Creditors Reconciliation, Import Costing, Help in financial Reporting

Education

Master's degree, Assoicated Cost and Management Accountant
  • at ICMA - Pakistan
  • December 2007
Master's degree, M.Com.
  • at Higher Education Commission of Pakistan
  • September 2006
Master's degree, M.A. Economics
  • at University of Karachi
  • December 2001

Specialties & Skills

Financial Risk
Capital Budgeting
Forecasting Models
Variance Analysis
Program Evaluation
Corporate Management
Panning, Budgeting and Forecasting
Product Costing and Job Based Costing
Financial Variance Analysis
Cost Variance Analysis
Internal Control

Languages

English
Expert
Urdu
Native Speaker

Memberships

Institute of Cost & Management Accounts of Pakistan
  • Associate Member
  • December 2007
Pakistan Institute of Public Finance Accountants
  • Associate Member
  • December 2008

Training and Certifications

Dimploma in Administrative Skills (Certificate)
Date Attended:
December 2008
Need Base Coaching (Training)
Training Institute:
Walton's Institute
Duration:
16 hours
The Seven Habits of Highly Effective People (Training)
Training Institute:
Franklin Covey
Duration:
24 hours
Certification of Cultural Champion (Training)
Training Institute:
 Walton Institute
Duration:
16 hours
Situational Leadership (Training)
Training Institute:
Walton's Institute
Duration:
16 hours
Fierce Conversation (Training)
Training Institute:
Walton's Institute
Duration:
16 hours
Time Management Program (Training)
Training Institute:
Walmart Global Procurement
Duration:
24 hours
Leader’s Administrative Skills (Training)
Training Institute:
Walton's Institute
Duration:
16 hours
Leadership (Training)
Training Institute:
HR Academy
Duration:
24 hours
Carrier management (Training)
Training Institute:
Harvard Manage Mentor’s
Duration:
16 hours