Vice President
Dawlance Group of Companies
Total years of experience :23 years, 3 Months
Analyze impacts of factories performance on financial statements and suggest improvement.
Analyzing material cost of each SKU and reporting same to top management for finalization of pricing.
Various analysis of overheads, fixed & variable cost, cost allocations on group & product level etc.
Reviewing item wise and department wise rejections and analyzing same against allowed limits.
Detail analysis of department wise and product wise electricity consumption.
Development of manufacturing dashboard.
Continuous monitoring of the key indicators to make immediate corrective actions.
Preparation of manufacturing budget.
Develops and oversees the maintenance of budget monitoring systems.
Suggest and coordinate changes and improvements in automated financial and management information systems for the company.
Finalizing the accounting process of different modules.
Analyze financial statements to pinpoint potential weak areas
Analyzing product wise profit and loss statement.
Monitoring SKU wise product margins and reporting variance.
Develops and oversees the maintenance of budget monitoring systems.
Suggest and coordinate changes and improvements in automated financial and management information systems for the company.
Finalizing the accounting process of different modules.
Managing financial operations of twenty seven service branches.
Development of financial reporting structure to facilitate the decision making process.
Monitoring SKU wise product margins and reporting variance.
Looking after inventory accounting
Controlling oracle chart of account and functional responsibilities of financial modules.
Developing GL reports on “Oracle Financial Statement Generator”.
Finalization of accounting process for implementing of oracle CRM (customer relationship management).
Monitoring of Debtor & follow up with concerned Managers.
Preparation of price structure.
Involved in ERP implementation.
Preparation of SKU wise projected and actual cost.
Preparation of monthly cost accounting records.
Responsible for preparation of cost accounting records and their audit.
Valuation of WIP & finished goods.
Preparation of annual budget.
Preparation of periodical financial reports.
Filing of periodic income tax statements.
Responsible for all routine accounting & audit related matters.
Credit Control.
M/s Qaisar Mufti Associates as Sales Tax / Cost Audit Officer
Supervised Cost audit of:
M/s Fecto Cement Ltd (2002, 2003, 2004)
M/s Wazir Ali Industries Ltd (2002, 2004)
Worked on investigation assignment regarding bad debts of M/s Saudi Pak Commercial Bank Ltd.
Involved in sales tax audit assigned by CBR, to the company.
Done financial audit of following organization:
M/s United Sales (Pvt.) Ltd.
M/s Dawlance Industries (Pvt.) Ltd.
M/s Consolidated Foods (Pvt.) Ltd.
M/s Al -Amir (Pvt.) Ltd.
Preparation of Income / Wealth Tax returns for the clients.
QUALIFIED COST AND MANAGEMENT ACCOUNTANT FROM ICMAP (ONE OF THE TWO PROFEESIONAL ACCOUTING BODIES IN PAKISTAN)
COMPLETED BACHELOR OF COMMERCE FROM JINNAH COLLEGE IN AFFILIATION WITH UNIVERSITY OF KARACHI