Finance Manager
Techno Cast Precast L.L.C
Total years of experience :21 years, 7 Months
1-Calculate cost of concrete & prepare finance statement on
monthly basis as per requirement of IFRS & IAS. Stand alone
and consolidate level( unit wise & group level)
2-Prepare annual budget & forecast projected Cash flow on basis
of relevant financial information while managing payroll for the
company 250 employs & coordinating with HR.
3-Arrange bank facilities for the projects or requirement of
company.
4-Control budget variance (forecast v/s actual) and assist top
management to enhance business by use working capital of the
organization.
5-Monitor & review daily financial activities of the organization and
follow up sales target & collection matters.
6-Significantly reduced overhead up to 15% and successfully
arranged bank facilities from different banks.
7-Effectively introduced & mapped Oracle base software
accounting Programme.
8-Controlled & reduced w/s expenses as per management desire
and trained staff for account works.
9-Successfully introduced effective sales policy to company break
even point & legal status in term of collection.
1--Effectively controlled vessel dry dock expenses.
2-Handled Purchase Cargo Ship by finance Arab Bank Abu Dhabi
and pay off by chartering income (ship rental income).
3-Managed Shift Ship Dry Dock(Maintained work) from Dubai port to
Iran and reduced cost.
4-Successfully controlled leakages &demurrage’s and obtained
Insurance claim 2.5$ million for sunken ship (Navigators London).
1-Developed Oracle base software program in collaboration with
the I.T personnel to control out station assets.
2-Successfully introduced daily basis reporting system for HO
related to daily sales, collection, payment and bank position.
3-Efficiently handled doubtful amount recover from customer by
proper legal action.
3-Significantly minimized bad debt by introducing market risk
management formula.
4-Introduced Project in hand & pipeline receive special discount
from different cements & aggregate suppliers.
Pakistan Institute of Public Finance Accountant affiliated with Institute of Chartered Accountant of Pakistan(ICAP) & Institute of Cost & Management of Cost & Management of Pakistan(ICAMA)