international operations director
AZI supplies
Total years of experience :23 years, 10 Months
•Construction of houses for commercial.purpose.
• Preparation of monthly Management reporting pack, especially variances & various MIS/KPI reports for decision making.
• Special projects & new projects
• Preparation of financial models for financial institutions & commercial banks.
• Review of Property & business valuation models & feasibility reports done by professional companies.
• Review of the Letter of Intents, Letter of Awards, contracts with contractors & consultants related to construction projects.
• Property Pricing decisions & allocation of common costs.
• Trigger work plan with project management identifying opportunities to cut down cost.
• Identifying & reporting business wastes & avoidable costs.
BUDGETING & COST CONTROLLER - JABAL OMAR DEVELOPMENT COMPANY
I had been managing the Budgeting & Costing of Jabal Omar Development Company. The company is engaged in the development & construction of international hotel brands. Major activities are given below.
Project Cost Controlling/Management Accounting:
• Implementation of the costing module for construction & development.
• Preparation of monthly Management reporting pack, especially variances & various MIS/KPI reports for decision making.
• Special projects like business acquisitions/merger.
• Preparation of financial models for financial institutions & commercial banks.
• Review of Property & business valuation models & feasibility reports done by professional companies.
• Review of the Letter of Intents, Letter of Awards, contracts with contractors & consultants related to construction projects.
• Project wise capital expenditures monitoring over SAR 15Bn.
• Property Pricing decisions & allocation of common costs.
• Trigger work plan with project management identifying opportunities to cut down cost.
• Identifying & reporting business wastes & avoidable costs.
• Business partnering roles with non-finance colleagues.
BUDGETING & COST CONTROLLER - JABAL OMAR DEVELOPMENT COMPANY
I had been managing the Budgeting & Costing of Jabal Omar Development Company. The company is engaged in the development & construction of international hotel brands. Major activities are given below.
Project Cost Controlling/Management Accounting:
• Implementation of the costing module for construction & development.
• Preparation of monthly Management reporting pack, especially variances & various MIS/KPI reports for decision making.
• Special projects like business acquisitions/merger.
• Preparation of financial models for financial institutions & commercial banks.
• Review of Property & business valuation models & feasibility reports done by professional companies.
• Review of the Letter of Intents, Letter of Awards, contracts with contractors & consultants related to construction projects.
• Project wise capital expenditures monitoring over SAR 15Bn.
• Property Pricing decisions & allocation of common costs.
• Trigger work plan with project management identifying opportunities to cut down cost.
• Identifying & reporting business wastes & avoidable costs.
• Business partnering roles with non-finance departments.
Plant Financial & Management Reporting:
• Monthly closing in SAP.
• Finalization of the factory financial statements for statutory reporting as per local & company global policy.
• Preparation & Consolidation of monthly Management reporting at business, Category, Brands & Cost Centre & GL account level.
• Preparation of Commentary on monthly results especially variances & various MIS/K
Driving Profitability margin for new SKU/Brand:
• Take full responsibility of new SKU’s supply chain cost P&L through active participation in all decision making processes including Capex, GP Margins etc.
• Intercompany Pricing decisions, Gross profit analysis & measures to improve brand margins.
Improving Supply Chain/Manufacturing efficiencies:
• Trigger work plan with supply chain in identifying opportunities to cut down cost.
• Monitoring Financials controls for all supply chain functions like Planning, Production, Quality Control, HR. Dispatches warehousing, inventory Stores etc.
• Controlling supply chain financial costs like materials, conversion costs & overhead costs.
• Identifying & reporting business wastes & avoidable costs.
• Managing the slow moving & obsolete inventory items with the Planners & raising the stock provision/write offs.
• Rationalizing the production manpower through work & motion studies with Production Manager.
• Business partnering roles in supply chain departments.
• Controlling of Indirect costs.
• Quarterly Stock counts & cycle counts.
• Approving the Purchase orders both inventory & non production items.
Budgeting & Forecasting:
• 6 quarters rolling forecast plan for materials & factory overhead costs. Analyze and present monthly business results to the Global Future Cost Planning team.
• Comprehensive annual budgeting for factory, Quarterly rolling forecasts, monthly forecasts vs. actual results vs. budgets. Variances, commentary, actions & assigning responsibility.
Managing Fixed Assets & capital expenditures:
• Comprehensive fixed assets module accounting, acquisition & disposals etc. Managing & discussing the capex projects with engineers.
Managing Payables & Receivables:
• Managing the accounts payables & receivables at plant level.
Audit & Internal Controls:
• Managing the external Financial Audit by Deloitte, Olayan (local JV partner) & Colgate Internal Audit.
• Monthly control risk management formats & exception items list sign off.
• Software audit trails.
Plant Financial & Management Reporting:
• Monthly closing in SAP.
• Finalization of the factory financial statements for statutory reporting as per local & company global policy.
• Preparation & Consolidation of monthly Management reporting at business, Category, Brands & Cost Centre & GL account level.
• Preparation of Commentary on monthly results especially variances & various MIS/KPI reports for decision making.
Driving Profitability margin for new SKU/Brand:
• Take full responsibility of new SKU’s supply chain cost P&L through active participation in all decision making processes including Capex, GP Margins etc.
• Intercompany Pricing decisions, Gross profit analysis & measures to improve brand margins.
Improving Supply Chain/Manufacturing efficiencies:
• Trigger work plan with supply chain in identifying opportunities to cut down cost.
• Monitoring Financials controls for all supply chain functions like Planning, Production, Quality Control, HR. Dispatches warehousing, inventory Stores etc.
• Controlling supply chain financial costs like materials, conversion costs & overhead costs.
• Identifying & reporting business wastes & avoidable costs.
• Managing the slow moving & obsolete inventory items with the Planners & raising the stock provision/write offs.
• Rationalizing the production manpower through work & motion studies with Production Manager.
• Business partnering roles in supply chain departments.
• Controlling of Indirect costs.
• Quarterly Stock counts & cycle counts.
• Approving the Purchase orders both inventory & non production items.
Budgeting & Forecasting:
• 6 quarters rolling forecast plan for materials & factory overhead costs. Analyze and present monthly business results to the Global Future Cost Planning team.
• Comprehensive annual budgeting for factory, Quarterly rolling forecasts, monthly forecasts vs. actual results vs. budgets. Variances, commentary, actions & assigning responsibility.
Managing Fixed Assets & capital expenditures:
• Comprehensive fixed assets module accounting, acquisition & disposals etc. Managing & discussing the capex projects with engineers.
Managing Payables & Receivables:
• Managing the accounts payables & receivables at plant level.
Audit & Internal Controls:
• Managing the external Financial Audit by Deloitte, Olayan (local JV partner) & Colgate Internal Audit.
• Monthly control risk management formats & exception items list sign off.
• Software audit trails.
Team Building, Training & Development:
• Managed, lead & coached team of up to 12 full time employees.
The Major activities are given below.
Financial & Management Reporting:
• Finalization of the financial statements for statutory reporting as per local laws.
• Preparation & Consolidation of monthly Management reporting at business, Category, Brands & Cost Centre & GL account level.
• Preparation of Commentary on monthly results & various MIS reports for decision making.
• Drive pre-launch business cash Flow scenarios and identify key business risk and opportunities using. Work in partnership with the sales team on innovations, strategic pricing, portfolio optimization & long term strategic planning.
• Prepare and present brands financial analysis on monthly Category meetings attended by the Board members.
Driving Profitability & Promotions:
• Take full responsibility of new brands’ P&L through active participation in all decision making processes including Capex, Strategic Pricing, Trade / Advertising & Promotion investments, Margins etc.
• Prepare, Present and get approval on Business case of new brands from the Board of Directors.
• Pricing decisions, Gross profit analysis & measures to improve brand margins.
Improving Supply Chain/Manufacturing efficiencies:
• Trigger work plan with supply chain in identifying opportunities to cut down cost.
• Monitoring Financials controls for all supply chain functions like Planning, Production, Quality Control, HR. Dispatches warehousing, inventory Stores etc.
• Controlling supply chain financial costs like materials, conversion costs & overhead costs.
• Identifying & reporting business wastes & avoidable costs.
• Managing the slow moving & obsolete inventory items with the Planners & raising the stock provision/write offs.
• Rationalizing the production manpower through work & motion studies with Production Manager.
• Business partnering roles in supply chain departments.
• Controlling of Indirect costs.
• Reviewing the Purchasing plan & RM/PM PO’s.
Budgeting & Forecasting:
• Lead 8 quarter forecast cash-up process. Analyze and present monthly business results to the Board of Directors including Chairman.
• Comprehensive annual budgeting, Quarterly rolling forecasts, monthly forecasts vs. actual results vs. budgets. Variances, commentary, actions & assigning responsibility.
Treasury, Receivables & Payables:
• Fund transfers & Investments.
• Improving the Working capital for the business.
• Managing the accounts receivables & payables.
Audit & Internal Controls:
• Managing the external Financial Audit by KPMG.
• Internal Audit in Unilever.
• Monthly control risk management formats & exception items list sign off.
• Software audit trails.
Team Building, Training & Development:
• Managed and provide team leadership, coaching & development to a team of 2 chief Accountants & 8 Accountants..
WORK EXPERIENCE:
Unilever Pakistan Ltd. Karachi, Pakistan (Jan2000 to onward)
A.sst.Finance Manager/Asst.Group Finance Manager
My 12 years career in Unilever has been highly diversified & interactive In all categories of HPC & Foods divisions.Here below are given the list of core activities that I have successfully completed in relation to the positions held:
• Managing the IFRS based GL chart of Accounts-SCOA+ & Financial statements as per local laws at country level & Unilever Financial statements.
•Preparation & Consolidation of monthly Management reporting at business, Category, Brands & Cost Centre & GL account level for the manufacturing plants at times.
•Preparation of Commentary on monthly results & various MIS reports for decision making.
•Comprehensive annual budgeting, Quarterly rolling forecasts, monthly forecasts vs. actual results vs. budgets. Variances, commentary, actions & assigning responsibility.
•Settlement of all intercompany invoices with other Unilever companies/countries & transfer pricing.
•Controlling supply chain financial costs like materials, conversion costs & overhead costs.
•Monthly Regional reporting for factory Key Performance Indicators i.e. make & production costs.
•Gross profit analysis & measures to improve brand margins.
•Managing the comprehensive accounting & reporting of fixed assets like depreciation, acquisitions & disposals.
•Improving the Working capital for the business.
•Regional bench marking, Buy/ make options, capital expenditure evaluation & other comparative cost workings.
•Managing 3rd parties (Co-packer facilities): accounting & procedures for outsourced manufacturing facilities, contracts, accruals vs. payments etc.
•Managing the accounts receivables & payables.
•Identifying & reporting business wastes & avoidable costs.
•Monitoring financial controls for all supply chain functions like Planning, Production, Quality Control, HR. Dispatches warehousing, inventory Stores etc.
•Managing the slow moving & obsolete inventory items with the Planners & raising the stock provision/write offs.
•Controlling the distribution, logistics & warehousing costs.
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SAP implementation lead in the Unilever:
•Lead the supply chain finance module for the country plus fixed assets.
•Master Data creation for stocks, cost centers for Make & supply area, Product hierarchy, profit centers, customers, Fixed assets Master data (Creation of depreciation keys, evaluation groups etc.) & calculation schema for imported & local payments.
•Design formation & Sign off.
•Testing, redesigning & retesting. (Budgeting, Rate calculations & PCE release)
•Comprehensive Key users & end Users operational Training including Month End activities.
•Upload & reconciliation of all Stock & Fixed Assets. PCE release.
•Successful on time go live & business support there after.
It is like Chartered Accountant certification in Pakistancomprising of 4 Years specialized study in Accounting & Finance. The institute is offering profiessional certification in Costing, Accounting & Finance. This certifiction programme includes 26 different courses in Costing/Accounting/Finance & general Managemant.