Finance Manager
Bindawood Group of Companies
مجموع سنوات الخبرة :19 years, 2 أشهر
Financial Statements & Audits: Reviewing the Financial Statements monthly as per IFRS and finalize internal & external
audits every year along with finalization of “Annual Report” for the Group and prepare journal entries for adjustments.
• Budgeting & Planning: Reviewing departmental budget and consolidating prior to submitting with CFO for input before
approval by BoD. Presenting monthly update along with justification of any deviation in performance metrics.
• Management Reporting: Prepare and review ad-hoc reports required by BoDs & management along with analytical
review and support management in different aspects by pulling the data from a different system and consolidate it.
• Board papers: Preparing the presentation of the financial information for board meetings.
• Routine Accounting Operations: Overseeing routine activities of accounting e.g. payable, receivable, inventory, cash &
bank, GL, expense, payroll, monthly closing of books of accounts.
• Costing System: Designed Standard Costing System for Bakery products along with the implementation of ABC costing by
deep diving into the existing system and understand the complexed processes.
• MIS Implementation: Ensuring MIS reporting system are accurate on monthly basis.
• Risk & Controls: Mitigate the risk of cash handling by designing internal controls, risk-minimizing agreements through
insurance and security companies at competitive rates.
• Activity Based Cost System: Introduce Activity Based Costing system and identified major direct and indirect cost activities with their cost drivers. Developed system that allocate cost to each profit-center and product-line based on their activities that enabled to segregate profit making and loss making divisions.
• Finance Operations: Supervise day-to-day financial operations including coordination with banks for local and international banking issues. Management of fund flow on daily basis.
• Budgeting & Rolling Forecasting: Prepare budgets and RFC of each profit center of Income Statement, Financial Position, Capex and Cash flows projections and combined to overall budget.
• Management/Financial Reporting: Preparation and submission of Financial & Management reports at business division and product line level along with detailed analytical report and commentary on results through Frango and COGNOS reporting system.
• Accounts Operations: Supervise overall accounting operations (e.g. Invoicing, AR, AP, Cash & Bank, expenses etc…)
• Taxation: Manage all income and sales tax related matters and deal with tax authorities.
• Internal Control System: Internal Control System has been developed and monitored that activities are under control.
• New Business Division: Supported in preparation of feasibility report for Testing Laboratory of textile industry by making cash flow projection, financial appraisal and risk profile.
• Audit: Organize & finalize internal and external audits.
• Working on system analysis with I.T. manager for M.I.S implementations.
• Maintaining Cash Book, Bank Book and Bank Reconciliation
• Maintaining General Ledger, Creditor, Debtor Records & Ledgers
• Monitoring Account Receivables Record and Reporting
• Maintaining Employees Record and Salaries & Overtime
• Contractor’s Billing and Reporting
• Maintaining Insurance claims
• Assisting in Preparation of profit & Loss Statement and Balance Sheet and Trial Balance on monthly basis in computerized environment.
• Supervising annual audit, settling queries and solving audit matters.
• Job Work Billing and Account Receivables Reporting to Director
• Monitoring Cash & Bank books and reporting on Daily, Monthly and Annual basis.
• Contractor’s Billing and Reporting to Higher Management
• Payroll and Overtime record and preparation including employee records
• Handling General Accounts procedures: Reconciliations, Ledger Maintaining etc
• Maintaining Creditors and Debtors and reporting to higher management monthly.
• Preparing Quarterly Statement of Income Tax under Income Tax Ordinance 2001.
• Preparing Annual Return of Income Tax.
• Preparing liquidity position monthly
I achieved 3.7GPA
