Group Financial Controller
MaqCorp Group
Total des années d'expérience :15 years, 3 Mois
• Budgeting and Forecasting of complete detailed expense wise PnL exceeding 100 million.
• Ensuring that organizational financial strategy is met by controlling the finance department.
• Preparation of Profit and Loss, Balance Sheet, Cash Flows, CAPEX & OPEX with financial Ratio’s Analysis Comparison in these with Historic Data and Budget) and Presenting to Directors.
• Reasons for Variance and Suggesting Measures to control Variances.
• Managing all Vendors as for Payables and Reconciliations of Final amounts and WHT if Any.
• Analysis of Key Accounts/Divisions/ Brands wise Sales and returns Reports against Targets.
• Maintaining budgeted profitability by Gross margins analysis.
• Sales Commissions (incentives) for target achieving teams.
• Analysis of Daily, Weekly, and Monthly Ad hoc reports and report findings to Management.
• Division wise Profitability Analysis by cost centres.
• Sales Team Wise Profitability reports, Key customer wise Profitability reports. (DPA, CPA).
• Ensure Accounts Correct Entries. (Monthly Complete Internal Audit Supervision).
• Projects Appraisal, Specific Projects Budgeting, and feasibility analysis(NPV, IRR). (NPDs) (NDDs).
• Investor wise Working Capital Analysis (Receivables/Payables and Inventory Ratios /Days/ Covers Analysis.) to ensure investment utilizations.
• CAPEX and OPEX analysis on adhoc and monthly basis
• Ensuring credit Policies of receivables are being Followed.
• Advanced Excel Training to other employees.
• Marketing spending budget allocation and control by brand, sales and Product type.
• Reviewing and recommending modifications to accounting systems and procedures.
• Successfully Implemented ERP Quickbooks as Project Manager ensuring All Company process and policies to be followed, monitored and controlled within ERP by Automizing numerous Processes and saving costs for the Organization in the long run.
• Stocks Aging Analysis, Holding costs and Order Level Decisions. (Maintaining OTB’s)
• Handling all the vendors for Payments as per the terms of PO and Workorders.
• Stock clearance, Promotions and campaigns feasibility and after promo analysis.
• Data Entry & Vouching.
• Directly Reporting to CEOand Investors in both Foreign Currency ($) and SAR.
• Successfully implementing ZohoBooks Software for Accounts.
• Member of budgeting Committee/ Audit Committee.
• Projects Appraisal, Project Budgeting & Variance Analysis.
• Bank dealings & Bank reconciliation.
• Finalizing the Monthly and Annual accounts.
• Receivables and Payables Management.
• Data Entry & Vouching.
• Directly Reporting to Managing Director in both Foreign Currency ($) and AED.
• Bank dealings & Bank reconciliation.
• Preparation & Filing of VAT Returns and Corporate Tax
• Bank dealings and submission of Beneficial Owner and KYC documents etc
• Finalizing the Monthly and Annual accounts.
• Assisting Accounts manager in all Accounts Related and Bank dealings.
• Receivables and Payables Management
• Budgeting and Forecasting of complete detailed expense wise PnL exceeding a 25 billion.
• Ensuring that organizational financial strategy is met by controlling the finance department.
• Preparation of Profit and Loss, Balance Sheet, Cash Flows, CAPEX & OPEX with financial Ratio’s Analysis Comparison in these with Historic Data and Budget) and Presenting to Directors.
• Bank dealings & Bank reconciliation.
• Successfully Implemented ERP Oracle Financials as Project Manager ensuring All Company process and policies to be followed, monitored and controlled within ERP by Automatizing numerous Processes and saving costs for the Organization in the long run.
• Consolidates the monthly accounts of the regional offices.
• Carries out annual accounting closing transactions and assists in the preparation of
• financial statements, including project reports.
• Participates in annual audits of projects and general accounting.
• Data Entry & Vouching.
• Preparation & Filing of WHT & VAT Returns and Corporate Tax
• Pays invoices and processes requests for funds from regional offices.
• Finalizing the Monthly and Annual accounts.
• Assisting Accounts manager in all Accounts Related and Bank dealings.
• Project Accounting
• Receivables and Payables Management
• Organized and detail-oriented with strong work ethic.
• Exercised leadership capabilities by successfully motivating and inspiring others.
• Worked well in team setting, providing support and guidance.
• Passionate about learning and committed to continual improvement.
• Identified issues, analyzed information and provided solutions to problems.
• Proved successful working within tight deadlines and fast-paced environment.
• Created more than 200 rules in (MIS) Management Information System
• Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating, and cash, and banking reconciliations.
• Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
• Reconciled accounts and reviewed expense data, net worth, and assets.
• Leveraged finance knowledge to strengthen controls and improve transparency.
• Managed more than 50 running customers on daily basis
Graduate from Federal Govt. College of Commerce H-8/4 Islamabad, which affiliated with University of Punjab.