Muhammad Aadil Altaf, Assistant Manager Group Finance

Muhammad Aadil Altaf

Assistant Manager Group Finance

SPEC Energy DMCC

Location
Pakistan - Karachi
Education
Master's degree, Partly qualified CMA (Cost & Management Accountant)
Experience
15 years, 2 Months

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Work Experience

Total years of experience :15 years, 2 Months

Assistant Manager Group Finance at SPEC Energy DMCC
  • United Arab Emirates - Dubai
  • My current job since September 2012

• To assist Group Finance Manager in all accounting & finance matters with required inputs for U.A.E, Romania, and Pakistan.
• To arrange different types of Bonds, Guarantees and process L.Cs of project contracts.
• To assist in developing accounting and finance systems and procedures where necessary.
• Preparation of MIS reports, establish and monitor budgets for Middle East, Romania and Pakistan
• To prepare Capital Budgeting for new projects and ventures.
• To supervise, direct and review the work of accounting staff (including, but not limited to, cash reconciliations, intercompany transactions & reconciliations, Bank Transaction runs, accounts receivable transactions, fixed asset, payroll, accounts payable transactions, Complex account reconciliations, recording of revenue and expenses, etc.). Train & support team members in enhancing efficiency & productivity.
• Preparation of financial forecasts for group companies and allocation of funds with timely intercompany reconciliations.
• To supervise and keep proper record of project wise costing/cost sheets based on their milestones for further invoicing to clients.
• Co-ordination with Fabrication Managers on costing reports, material consumption, labor cost reports etc.
• To produce accurate financial reports for company staff and management on monthly, quarterly, semi-annually and annually basis.
• To ensure monthly reconciliations of accounts and compile reports.
• To review payroll of Middle East, Romania and its processing through online banking portals, WPS system etc.

Accountant at Natalia Home Fashions
  • United Arab Emirates - Sharjah
  • September 2010 to August 2011

• To handle cash transactions, maintaining and projecting cash flows
• Credit Control and fund flow Management
• Monitor and analyze financial data to produce accurate MIS reports. Advising management in all areas of responsibility to improve efficiency.
• To lead a team sub-ordinates ensuring all day to day tasks are achieved effectively and efficiently by giving motivation and training where necessary.
• To monitor invoicing and billings and keeping debtors under credit limits.
• To ensure on time payments and recoveries.
• Inventory Management and its control
• Establishing budgets to control cost and improve performance
• Handling of banking matters including L.C’s, Collection and Retirement of trade documents, Swift transfers etc.
• Carry out insurance of company assets including premises, warehouses and vehicles and their claims.
• Reviewing Finalization of accounts
• Maintaining WPS system for salaries.

Accounts Officer at MJB Plactics
  • Pakistan
  • March 2007 to August 2009

• Variance analysis and their reporting
• Monitoring invoicing, payment and recovery, taking approvals on purchase orders which are above specified criteria.
• Maintaining salaries and wages system, overtime, allowances and payroll finalization.
• Handling of some banking matters including issuing payment cheques, Swift transfers etc.
• Reconciliation of Bank statements, customer and supplier statements
• Products costing.
• Branch accounting affairs
• Preparation of weekly stock reports and keeping a proper check of accumulated inventory at different warehouses.
• To ensure overall accounting discipline in the area of responsibility
• Finalization of accounts

Education

Master's degree, Partly qualified CMA (Cost & Management Accountant)
  • at Institute of Cost & Management Accountants of Pakistan
  • November 2010

Financial Accounting, Management Accounting, Business Economics, Business Taxation, Corporate Laws & Secretarial Practices, Business Management etc

Bachelor's degree, Bachelors of Commerce
  • at University of Karachi
  • December 2007

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Specialties & Skills

Microsoft Powerpoint
Microsoft Excel
Leadership Skills
Numerical Skills
Analyzing, Organizing Skills
Quickbooks Accounting Software
Communication skills
Organizational ERP’s
Microsoft Word
Peachtree Accounting
Quick Books Accouting Software
Microsoft Dynamics AX 2012

Languages

English
Intermediate
Urdu
Expert
Gujarati
Expert
Hindi
Intermediate