Muhammad Ali Hayat, Costing Officer

Muhammad Ali Hayat

Costing Officer

Agro Processors & Atmospheric Gases Pvt Ltd

Location
Pakistan - Karachi
Education
Master's degree, Financial & Management Accounting
Experience
9 years, 1 Months

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Work Experience

Total years of experience :9 years, 1 Months

Costing Officer at Agro Processors & Atmospheric Gases Pvt Ltd
  • Pakistan - Karachi
  • My current job since January 2020

• Preparation of Forecasted Profit and Loss Statement to analyze the expected actual results.
• Planning, Studying, and collecting data to determine costs of business activity such as raw material purchases, inventory.
• Analyzing changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost
• Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs,
• Making estimates of new and proposed product costs and working on pricing for finished product considering the market factors.
• Providing management with reports specifying and comparing factors affecting prices and profitability of products.
• Reconciliation Raw materials and finished goods inventories.

Junior Manager Finance at Dolmen Real Estate Management Pvt. Ltd
  • Pakistan - Karachi
  • August 2019 to October 2019

• Managing Daily activities for Financial and Management Accounting.
• Managing the preparation and distribution of Management Accounts and financial statements maintaining the highest quality reliability and accuracy.
• Managing monthly closing process, including reconciliations and analysis of related accounts.
• Producing financial reports related to budgets, account payables, account receivables & expenses.
• Analyzing actual and budgeted costs and preparing periodic reports comparing standard costs to actual costs,
• Reviewing departmental purchases from financial aspect as per set budget.
• Managing inventory costing, reconciliations and reporting.
• Workings on Microsoft Dynamics AX.

Junior Manager Finance at Dolmen Real Estate Management Pvt. Ltd
  • Pakistan - Karachi
  • August 2019 to October 2019

• Managing Daily activities for Financial and Management Accounting.
• Managing the preparation and distribution of Management Accounts and financial statements maintaining the highest quality reliability and accuracy.
• Managing monthly closing process, including reconciliations and analysis of related accounts.
• Producing financial reports related to budgets, account payables, account receivables & expenses.
• Analyzing actual and budgeted costs and preparing periodic reports comparing standard costs to actual costs,
• Reviewing departmental purchases from financial aspect as per set budget.
• Managing inventory costing, reconciliations and reporting.
• Workings on Microsoft Dynamics AX.

Costing Officer at Agro Processors & Atmospheric Gases Pvt. Ltd
  • Pakistan - Karachi
  • October 2017 to July 2019

• Preparation of Foretasted Profit and Loss Statement to analyze the expected actual results.
• Planning, Studying, and collecting data to determine costs of business activity such as raw material purchases, inventory.
• Analyzing changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost
• Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs,
• Making estimates of new and proposed product costs and working on pricing for finished product considering the market factors.
• Providing management with reports specifying and comparing factors affecting prices and profitability of products.
• Reconciliation Raw materials and finished goods inventories.

Payroll Officer at Alkaram Textile Mills Ltd.
  • Pakistan - Karachi
  • March 2017 to July 2017

• Preparation and Finalization of Payroll.
• Maintaining Payroll as per Policies and Procedures.
• Reporting by compiling summaries of earnings, allowances, deductions, taxes and non-taxable wages.
• Contribution in team effort to achieve required results as needed.
• Performing Operations in Oracle 10g.

Executive Officer- Production at Feroze1888 Mills, Pvt, Ltd.
  • Pakistan - Karachi
  • September 2014 to November 2016

• Supervising the Stitching and Packing Department.
• Assets and Inventory Management.
• Production Planning.
• Work in Process and Inventory Stock Reporting.
• Cost of Production Reporting.
• Co-ordination with other departments and follow ups.
• Performing operations in Oracle E-Business Suite

Education

Master's degree, Financial & Management Accounting
  • at Institute of Cost & Management Accountants of Pakistan
  • December 2022

Cost and Management Accountancy in Progress from ICMA Pakistan (7 Papers remains to Qualify)

Bachelor's degree, BCom
  • at University of Karachi
  • July 2013

Specialties & Skills

Accounting
Office Work
Production

Languages

English
Intermediate
Urdu
Expert
Punjabi
Intermediate