RAFAQAT ALI, Finance Manager

RAFAQAT ALI

Finance Manager

Fine Group Industries

Location
Pakistan - Sialkot
Education
Diploma, ISLAMIC BANKING COURSE
Experience
21 years, 1 Months

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Work Experience

Total years of experience :21 years, 1 Months

Finance Manager at Fine Group Industries
  • Pakistan - Sialkot
  • My current job since February 2009

 Managing the corporate banking, (all type of facilities, including, L/C, IERS, FE-25, Murabaha, Pre & Post Shipment Finance, ETC.)
 Ensure proper Costing of each item at the time of entering the GRV into the system, like inputted cost, custom charges, freight and insurance etc.,
 Preparing budgets, financial reports, analyzing financial data, guiding the junior accountants in preparing accounts in accordance with accepted accounting and auditing principles and practices, organizing audits, and requirements, managing finances, and offering any financial advice as may be necessary to the manage.
 Ensuring that the accounting procedures being followed as per law and accepted standard or policy. For example company follows accrual system of accounting, and then all transactions should be recorded in the same method.
 Provide effective MIS Reports to Higher Management
 Responsible for preparing and reviewing financial and management reports on variances from budget and provide analytical comments to the Management.
 Complying with various laws, rules, and regulations that are applicable to the specific industry including accountancy and tax laws.
 Setting up control procedures at various levels to ensure that the information in the accounts does not vary with physical verification
 Maintaining the cash flow statement and working capital of the company.

Manager Accounts at Motocross Leatherco
  • Pakistan - Sialkot
  • January 2006 to January 2009

 Maintaining the Company accounts in Head Office by incorporating the financial data.
 Managing the Cash flow of the company.
 Collection from the Market to meet weekly target in order to manage working capital effectively.
 Follow up on accounts receivables and prepare the monthly debtor’s status/ reports/aging analysis.
 Handling all major bank reconciliation’s, vendor/accounts reconciliation’s and key accounting functions i.e. job costing etc.
 Liaising with firm’s auditor by providing accurate reports for finalization of accounts.

Sr. Auditor at Muhammad Arshad & Company [Chartered Accountants]
  • Pakistan - Sialkot
  • May 2003 to January 2006

 Job planning and supervision including close interaction with client’s management, review of work on audit engagement and on-job professional development of staff;
 Review of accounting and internal control systems and suggesting procedures for their improvement;
 Frequent interaction with the client at the planning stage, during and at the finalization of Audit;
 Developing and performing substantive and analytical procedures for audit so as to determine the reasonableness of the financial statements’ assertions;
 Ensuring compliance with the requirements of International Standards of Auditing and other local requirements for audit engagements;
 Analytical review of financial statements at the finalization stage of audit;
 Advising management on accounting and related technical matters; and
 Application of provisions of Corporate & Income tax laws.
 Conducted physical verification of fixed assets, inventories, etc.

Education

Diploma, ISLAMIC BANKING COURSE
  • at National Institute of Banking & Finance - State Bank of Pakistan
  • March 2012

i have possessed in depth knowledge about islamic banking. islamic laws of contracts, basic principles of islamic Banking and its products, like murabaha, salam, istisna, ijarah, takaful, diminishing Musharka, mudarba,

Diploma, Accounts
  • at Association of Certified Public Accountants
  • October 2010

CPA

Master's degree, Banking & Finance
  • at Allama Iqbal Open University
  • August 2010

during my study career i learned in depth the banking operations, accountancy, auditing, corporate finance, Management Information System, Business communications, good command on ratio Analysis of any business, I have good command on Financial Management, i got "A Grade " in Financial management,

Bachelor's degree, Accounting & Finance
  • at Pakistan Institute of Public Finance Accountants
  • July 2005

PIPFA is basically is a professional accounting body which is constituted by ICAP, ICMAP and AGP. i got A grad in PIPFA in Corporate laws and practices, Advance financial accounting, Cost & Management Accounting and In Computer & Information Technology.

Bachelor's degree, Accounting / Commerc
  • at University of the Pubjab
  • July 2003

i have done graduate degree in commerce and accounting.

Diploma, Accounting & Commerc, Statistics
  • at Punjab Board of Technical Institutes
  • August 2001

This qualification is equal to Higher Secondary Level / intermediate.

Specialties & Skills

Microsoft Office
Dealing with Banks
Islamic Finance
Problem Solving
Accountancy
Audit skills
Good Interpersonal skill
Good Computer Skill in MS office
problem solving

Languages

English
Intermediate
Urdu
Expert

Memberships

Pakistan Institute of Public Finance Accountants
  • APA-4942
  • March 2010