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Waqas Sarwar, finance manager

Waqas Sarwar

finance manager·EDA Quality Foods LTD

United Kingdom

Higher diploma, CIMA (Chartered Institute of Management Accountants) Part Time

Work experience

Total years of experience: 18 years, 2 months

finance manager

February 2015 - Present

EDA Quality Foods LTD

London, United Kingdom

February 2015 - Present

This firm is wholesale importer from different part of the world with the total turnover of around 70 Million a year. As a Finance Manager Supervise by (Alton & co Partners/ ICAEW Registered), my duties are:

 Supervision & controlling financial affairs of more than two companies in a group •
 Prepare Management Account,
 Preparation of VAT quarterly, Liaising External & Internal Auditors for HMRC submissions
 Assisting to Payroll department (PAYE, Wage slips, P60’s, P45’s, P46’s, & P35’s)
 Reconciliation up to trail balance, preparing ad-hoc reports and projects
 Assisting in preparation of statutory accounts & Monthly Intrastat returns
 Managing international and domestic supplier’s payments and maintaining FX forward and spot currency deals, LC, Letter of guarantees, trade financing and Factoring on number of financial institute’s platform. Bankers and clients as a representative of a group
 Maintaining and reviewing sales & purchase ledger and credit control policy. Staying legally compliance and keeping up to date companies matter like by enrollment of pension schemes, membership of Landmark wholesaler, UKBA Home office, AWRS certificate & many other matters.

Achievements:
Being as a Senior Accounts Manager of developing company I have opportunity to learn much more as compare to conventional corporates structure I have got a command how to achieve final results and its implications on the business which helps me to think beyond business boundaries and take timely decisions for the group. Sense of responsibility and exposer polish my skills in every aspect of life gives me tornados amount of confidence I have achieve to enhance and take my Interpersonal communication skills to next level, by accommodate every relevant member of team in any operation. Managing cash Flows on limited resources while keeping supplier’s confidence, Bankers and External Accountants guidance to run operation smoothly.

Company industry:
Warehousing
Job role:
Finance and Investment

Accounts Manager

July 2011 - February 2015

TFC Holdings LTD , (TFC Dalston, TFC Leytonstone & TFC Lewisham Ltd)

London, United Kingdom

July 2011 - February 2015

Retail Superstores presence all over London on 18 different locations a brand name in Turkish & Mediterranean foods retailing industry. Also mother company of EDA Quality Foods LTD My duties were

 Bookkeeping on various software’s (Oracle based Maysoft, Sage, Quick Books, VT, Iris etc.)
 Plans organize, direct and coordinate the activities of other branches all over the London.
 Reconciliation up to trial balance, preparing ad-hoc reports and projects
 Costing comparing sale & purchase price and profitability margins daily for each item from all supplier
 Assisting in preparation of management accounts.
 Preparation of VAT quarterly and cash accounting VAT submissions.
 Managing Payroll (PAYE, Wage slips) & track & payout Bonus Schemas
 Managing Rental properties, responsible for rent collection & eviction process through summons.
 Resolving discrepancies, apply for credit notes, reconciling balances with suppliers.
 Managing deadline for payment and Petty cash, corporate tax, business rates, utility bills etc.
 Staying Legal complacence by keeping records of health and safety certificates, employee liability insurance, fire extinguish, butcher & bakery certification, licker personal certificate etc.

Achievements:
Being as an accounts manager at retails business I have developed real business acumen. Director’s trust developed strong honestly, self-esteem & improve coordination with Team member till higher management I learn how to overcome all small to medium business models operational hindrance. Due to direct interaction with customers, I developed & improve Customer Services. Also enhance confidence dealing with local authorities for different legal compliance like business rates reliefs, court Cases, tenant’s issues etc. Assisting in Audit assignments and process financial statements. Ensure submission and receipt of documents in accordance with instruction and deadlines.

Company industry:
Retail & Wholesale
Job role:
Accounting and Auditing

Credit Controller

October 2010 - July 2011

EDA Quality Foods LTD

London, United Kingdom

October 2010 - July 2011

A firm who specialize in wholesaler in Mediterranean & Asian food industry which penetrate all over United Kingdom, Ireland & few European countries with more than 5000 customers, sales team & distributor network throughout the UK. Being a credit Controller in EDA Quality Foods my responsibilities were;

 Maintaining credit control department assurance of providing quality services to 1000’s of Customers
 the ability to work to strict deadlines, Negotiation with the customer the ability to explain financial matters clearly, based on administrative and computer skills.
 Work with world largest retail stores like Tesco, Asda (Walmart) as wholesale supplier. Also got training on retail link Walmart software & TIMS for Tesco
 contacting individuals or business customers when payment is overdue
 checking credit records and tracing missing debtors
 setting up repayment plans and working with debt counsellors
 setting up and maintaining customer files
 starting legal proceedings if debts are not paid within an agreed time
 liaising with solicitors and bailiffs
 Gained experience as Cashier while covering holidays staff. Handling physical cash of a whole seller company and performing all duties and responsibility of casher.
Achievements:
Being as a Credit controller I worked hard for optimum results with minimum or limited resources. Working in stick deadline and target based environment I have overcome fear of stress & learned Stress Management. I can proudly acknowledge my association with world’s largest retailing brand and continue working where I can enhance & polish skills and bring rapid improvement in my carrier rather than because of a small mechanical part of big corporations. Learn entire different approach to deal with issues through a master of twisting words and getting job done through sales team or directly with customers.

Company industry:
Retail & Wholesale
Job role:
Accounting and Auditing

Student Consultant

August 2009 - January 2011

London school of Commerce (UWIC) London

London, United Kingdom

August 2009 - January 2011

LSC or University of Wales Institute Cardiff now known as Cardiff Metropolitan University is one of the best business school in the UK but also schools and organizations spread around the like Valletta - Malta, Yerevan -Armenia, Subbing Jaya - Malaysia, Colombo - Sri Lanka, Dhaka and UAE

 Preparation & Supervision of application form for admission with required documentation
 Applying and arranging finance for international & domestic students
 Helping to issue CAS Letter, helping Visa application process
 consulting students on different issues like accommodation, banking & Orientations

Achievements:
Apart from the academic scholarship I have manage to achieve respect, break communication barriers & gained knowledge of different countries monetary rules & regulation. Understand different languages, bilateral cultural costumes. Chance to meet dignities of different countries. Also understanding ins & out of Business aspect of Academics institutes.

Company industry:
Primary, Prep, & Secondary School
Job role:
Administration

Business Executive

October 2009 - October 2010

AMSN UK Limited

London, United Kingdom

October 2009 - October 2010

Serve as a Senior Business Executive Representative of the company, who take commercial management security & servicing contract from different part of London & Outside of London, which includes few big brands like Mecca Bingo, Vue & Empire Cinemas, Macdonald, the Gym & Nuffield Health Fitness club & many more & my duties are

 Manages and supervises all financial & admin issues of the company including employee’s route.
 Presentation of quotation and services for potential clients.
 Making sure All health & safety & standard operating procedure for each client are not compromised.
 Preparing & implementing indoor and outdoor plans for various sites in regards to security or hazards.
 Preparing project budgeting, break down the whole plan and assigning different task to concern employee, managing teams. Applied secretarial and IT skills to administrative roles.
 Travelling to make sure everything is up to date according to plan strategy and preparing reports & recommendations. Preparing follow up reports and end results, conclusion and recommendations

Achievements:
Enhance my management & administration skills. Developed report writing skills Being as management & security supervisor not only learn basic SIA laws but also change to have thought understanding of all clients standard operating procedure. Supervise a small team.

Company industry:
Business Process Outsourcing (BPO)
Job role:
Management

Telemarketing

January 2009 - June 2009

Ocean Trading Pvt. Ltd

Lahore, Pakistan

January 2009 - June 2009

Call Centre trainee which developed skills in telephone handling, customer service through telemarketing sales, answered enquiries and deliver presentation from website on various products, deals and policies.

Company industry:
Telecommunications
Job role:
Marketing and PR

Internee

April 2008 - July 2008

Faisal Bank Limited

Lahore, Pakistan

April 2008 - July 2008

Gained insight into banking functions in all the departments. Developed audit skills through examined and verified ledgers from concerned department.

Company industry:
Banking
Job role:
Banking

Internee

February 2005 - July 2005

Digital Intel - Al-Khobar, Saudi Arabia

Al Husayniyah, Saudi Arabia

February 2005 - July 2005

Gained very basic knowledge of practical life & business at very early age. Work on computer hardware, software & networking repairing lab.

Company industry:
IT Services
Job role:
Information Technology

Education

CIMA

September 2016

September 2016

Higher diploma, CIMA (Chartered Institute of Management Accountants) Part Time

United Kingdom

CIMA (Chartered Institute of Management Accountants) Part Time on the bases of MBA I have an exemption of 9 exams remaining three exams to clear

University of Wails Institute Cardiff

January 2011

January 2011

Master's degree, MBA (Masters in Business Administration) Majors in Finance

United Kingdom

GPA (percentage): 60%

GPA (percentage): 60%

Masters in Business Administration Majors in Finance Courses include: Management Accounting, Financial Markets and Institutions, Financial Management, Contemporary Issues in Accounting and Finance, Corporate Accountability, Corporate Financial Strategy, and Financial Reporting
View attachment

London School of Commerce (LSC)

October 2010

October 2010

Higher diploma, BBA Double Graduation Top up course

United Kingdom

GPA (percentage): 78%

GPA (percentage): 78%

BBA Double Graduation Diploma London School of Commerce (LSC) London (United Kingdom)
View attachment

University of Central Punjab (UCP)

September 2009

September 2009

Bachelor's degree, Bachelor's Of Business Administration (Hons) Finance & Management

Pakistan

GPA (point): 3 out of 4

GPA (point): 3 out of 4

Bachelor's Of Business Administration (Hons) Majors in: Finance & Management
View attachment

Saudi Arabian International School

August 2005

August 2005

High school or equivalent, Economics, Commerce & Business

Saudi Arabia

GPA (percentage): 75%

GPA (percentage): 75%

My Schooling is from Saudi Arabia with the majors in Business Studies, Economics, Icom I have achieved many other awards & Certifications throughout school life
View attachment

Skills

Managerial Finance
Expert
Managerial Finance
Expert
Management
Expert
Management
Expert
Tax
Expert
Tax
Expert
VAT
Expert
VAT
Expert
account
Expert
account
Expert
Managment Skils
Expert
Managment Skils
Expert
VAT, Reporting Skills
Expert
VAT, Reporting Skills
Expert
English
Expert
English
Expert
Sage Line 50, Iris , VT, SAP, Orical maysoft
Expert
Sage Line 50, Iris , VT, SAP, Orical maysoft
Expert
MS Office Excel (Word, Excel(Advanced), Outlook, PowerPoint)
Expert
MS Office Excel (Word, Excel(Advanced), Outlook, PowerPoint)
Expert
Microsoft Dynamics NAV
Expert
Microsoft Dynamics NAV
Expert

Languages

English
Expert
Urdu
Native Speaker
Arabic
Beginner
Turkish
Intermediate
Punjabi
Native Speaker
Hindi
Expert

Hobbies

  • Traveling, investment
    I love to explore new countries new products, I have also invested in 3 different countries as a part-time business & archive very good ROI.