محمد RIFAN

• Optimised the purchase invoice approval system, driving enhanced operational efficiency, accuracy in
vendor payables, and robust segregation of duties to support strong internal control frameworks and
financial compliance.
• Implemented streamlined procure-to-pay procedures across the purchase cycle, ensuring standardised
workflows, adherence to delegation of authority (DoA) and alignment with internal policy and regulatory
requirements.
• Enhanced transactional accuracy and financial governance through meticulous bank payment execution,
automated reconciliation processes, and timely identification and resolution of discrepancies,
contributing to stronger financial reporting and audit trails.
• Strengthened supplier relationship management by proactively analysing vendor ageing reports,
managing credit terms, and resolving payment variances—minimising overdue balances while optimising
working capital and supplier trust.
• Played a key role in cash flow management, aligning outflows with strategic financial planning,
conducting detailed forecasting and variance analysis to support budget decisions and enhance liquidity
monitoring.
• Managed petty cash and reimbursement processes across multiple projects, ensuring accurate
documentation, timely settlements, adherence to internal policies, and full compliance with audit and
control requirements.
• Maintained strong internal controls and SOPs for accounts payable, banking, and expense management
processes, supporting risk mitigation and enhancing operational transparency.
• Supported corporate banking and treasury activities, ensuring regulatory compliance under banking and
tax standards, and maximising operational benefits from banking facilities.
• Executed WPS processing and payroll settlements in full compliance with labour regulations, ensuring
timely employee settlements and contributing to high levels of payroll accuracy and staff satisfaction.
• Contributed to month-end and year-end closing activities, including accruals, provisions, balance
confirmations, and reconciliation of payable-related accounts in line with IFRS requirements.
• Provided strategic audit support during annual and interim audits, managing comprehensive payable
schedules, supporting IFRS-aligned financial statement preparation, and facilitating audit queries to
ensure transparent and compliant reporting.

• Led Concurrent Audit initiatives for SCDCC Bank - Hebri Branch and Oriental Bank of Commerce (OBC) -
Mangalore Branch in 2019.
• ensured meticulous scrutiny of loan files and conducting onsite customer verifications.
• Implemented comprehensive scrutiny procedures for overdue customers, driving meticulous year-end
renewal verifications of gold loans and physical audits of bank assets, including ATMs and deposit
machines.
• Applied Sharia banking principles to audit processes for Unity Cooperative Bank Udupi, ensuring
compliance with Islamic banking standards and meticulous validation of Murabahas.

Real Estate Developers:
• Spearheaded the incorporation of a construction and real estate developer company, managing all
compliance aspects of The Real Estate Regulation Act (RERA India) and delivering meticulous final audits
and income tax returns spanning three years.
• Managed Account Receivables with precision, conducting in-depth statistical analyses and executing
precise revenue recognition calculations to ascertain finished products and Work in Progress status.