Muhammad Jawed, General Manager Accounts

Muhammad Jawed

General Manager Accounts

Matco Foods

Location
United Arab Emirates
Education
Diploma, Internal Control Audit
Experience
25 years, 3 Months

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Work Experience

Total years of experience :25 years, 3 Months

General Manager Accounts at Matco Foods
  • Pakistan - Karachi
  • My current job since November 2012

Responsibilities:
 Responsible for the finalization of periodical financials and submission to the Board and IFC with all industry and market analysis
 Involved in reviewing of profitability anlysis products wise and region wise as well as market trends and international prices
 Assigned responsibility of dealing with financial institutions in all borrowing and leasing related matters and submission of monthly reprots
 Finalized logistics, warehousing and distribution related matters for effective supply chain management.
 Finalized annual budgets and periodical follow ups for imely and necessary corrective actions
 Responsible for the costing of all products and SKUs alogwith FOH cost calculation for proper cost accounting and profitability analysis
 Involved in the finalization of monthly price list and review of post production reports and profitability analysis
 Responsible for implementation of ERP in all areas of business
 Review of receivables and inventory levels for proper working capital managements
 Prepared feasibilities of new investments and made arrangements of documents for Tender business and registration with the majr suppliers
 Responsible for the implementation of SOPs in all areas of operation and finalization of accounting manual for control over accounting and finance activities
 Responsible for implementation of cost reduction plans wherever possible
 Coordinated with internal and external auditors for timely completion of management and statutory audits
 Reviewed periodically fixed assets register for ensuring timely updates and control over company’s fixed assets.
 Review of plant efficiency and production scheduling for supply chain management aspects.
 Timely submission of VAT returns along with reconciliation for legal complete VAT input tax claims

Accomplishments:
 Instrumental in the finalization of IT and internal audit conducted by PWC and EY and implementation of points & suggestions for stregthening of controls and successfully implemented ERP AX2009 in all areas of operation
 Applauded for minimisation of tax liability and availing of maximum relieves available within the tax laws
 Achieved major reduction in transportation cost by finalization of own fleet proposal and adjustments of valid VAT input tax claims ignored previously
 Successfully finalized SOPs with Supply Chain team in all areas of operation, and also finalized Accounting Manual and implementation of cost reduction plans

Financial Controller - Group at Sysnet Middle East FZ LLC
  • United Arab Emirates - Dubai
  • My current job since May 2015

Responsibilities:
 Finalized periodical financials and submitted to the Board with all industry and market analysis
 Monitoring all commercial related activities and consolidating the group financials
 Working capital management for timely relization and smooth operation within available financial resources
 Entrusted with the responsibility of the implementation of ERP
 Dealing with financial institutions in all banking related matters
 Managing Pakistan and Bangladesh financial and VAT related matters from Head office UAE
 Ensuring Job descriptions of finance, accounts and technical staff for deployment on human resources on right direction

Accomplishments:
 Instrumental in successfully finalizing budget, costing module for accurate pricing and ascertaining actual profitability
 Successfully implemented budget and ensured timely finalization of group financials within management's deadline
 Applauded by the Management for developing and finalizing SOPs in all major areas of operation
 Successfully implemented proper costings mechanism with all commercial and profitability aspects and the cost reduction plans

Financial Controller at Zultec (Private) Limited
  • Pakistan - Karachi
  • May 2008 to February 2012

Responsibilities:
 Responsible for finalizing the periodical financials and coordination with external auditors
 Prepared job descriptions of all existing and new employees and monitoring Inventory for avoiding stock out and timely delivery to the customers
 Conducted Project feasibility of new investment opportunities & in imports and negotiation with the suppliers
 Contact point of sales team for their all issues of pricing, delivery and timely availability of goods and also reposnsible for review and monitoring of periodical sales reports and target achievements
 Engaged in finalization of audit of UAE based group company
 Coordinated with sales support team in finalization of all tenders, contracts and Service Level Agreement (SLA)

Accomplishments:
 Successfully finalized the monthly and annual tax returns
 Restructured the accounts and finance departments
 Finalized costing module and introduced pricing slabs for sales team for capturing maximum market share
 Appreciated for timely finalization of accounting Manual and basic setups of chart of accounts and management reporting formats
 Successfully implemented sales administration mechanism and periodical reports for monitoring of targets & Company performance

Manager Taxation at Grant Thornton Anjum Asim Shahid
  • Pakistan - Karachi
  • September 2006 to April 2008

Responsibilities:
 Responsible for the finalization of VAT and other taxes monthly and annual returns and submission of replies to the tax authorties
 Finalization of Written Submssion for filing before Appellate authorties along with facts and legal references.
 Finalization of wealth and zakat annual returns of individuals
 Responsible for the coordination with the client of day to day issues
 Reconciliation of VAT with financials and implementation of IT based reports for real time reconciliations
 VAT impact analysis of different industries and introdcution of controls for availing maximum legal relieves
 Finalization of clients' tax planning for review of senior partner
 Research and advisory work with the partner on VAT, direct tax applications, exemptions and cross border transactions

Accomplishments:
 Successfully finalized the tax assessment of Pakistan's leading Banks and made appearnace before the Appellate authorities
 Demonstrated expertise in the engagement in VAT, corporate taxation, withholding taxes, exemptions, tax treaties, foreign taxation and in advisroy work

Manager Accounts at Lucky Cement Limited
  • Pakistan - Karachi
  • February 2002 to April 2006

Worked as head of accounts department.
Responsible for all fixed assets and employee related matters.
Finalized costing and budget.
Responsible for VAT and direct tax matters.

Manager Finance & Accounts at Prime Logistics
  • Pakistan - Karachi
  • February 1998 to January 2002

Worked as a head of finance and accounts.

Education

Diploma, Internal Control Audit
  • at Institute of Certified Internal Audit
  • December 2012

Certification in internal control audit.

Master's degree, Financial accounting, management accounting, taxation,audit
  • at Institute of Chartered Accountnats of Pakistan
  • January 2007
Diploma, Accounts, Audit, Tax
  • at Pakistan Institute of public finance accountants
  • February 2002
Bachelor's degree, Accounting, business law, economics
  • at Government Premier College, Karachi University.
  • May 1991

Specialties & Skills

Local Taxation
Foreign Policy
Wealth Preservation
Accounting
MS Office
Microsoft AX2012 Financials Certification in Finance, Supply Chain and Production Modules

Languages

English
Expert
Hindi
Expert

Memberships

Institute of Chartered Accountants of Pakistan
  • Associate member
  • January 2007
Pakistan Institute of Public Finance Accountant
  • Associate member
  • November 2001

Training and Certifications

Microsoft AX 2012 Supply Chain Logistics (Certificate)
Date Attended:
June 2015
Valid Until:
January 9999
Microsoft AX 2012 Financial Module (Certificate)
Date Attended:
March 2015
Valid Until:
January 9999
Training completion (Certificate)
Date Attended:
March 2008
Valid Until:
April 2008