Usman Iqbal ACCA

• Managed General Ledger monitoring, variance analysis, and the critical review of monthly and quarterly financial statements.
• Monitored financial data across procurement, inventory, production, and finance cycles within an SAP Business One environment to ensure reporting accuracy.
• Reduced stock audit execution time by 15% by designing and coordinating customized ERP-based audit queries within SAP.
• Implemented robust batch costing mechanisms in SAP to improve cost traceability and production variance monitoring across complex manufacturing processes.
• Directed financial evaluations across inventory valuation and production cycles in SAP Business One, executing deep dive variance analysis on standard vs. actual costing.
• Improved manufacturing working cycle stability through the strategic implementation of project-wise production planning mechanisms.
• Provided actionable financial insights and management reports to executive leadership to mitigate operational risks and optimize financial performance.

• Prepared IFRS-compliant financial statements and accelerated the Month-End Close (MEC) cycle, integrating variance analysis and CapEx tracking.
• Developed monthly financial forecasting models aligned with import cycles, liquidity planning, and working capital capacity.
• Decreased demurrage and detention costs by 20% through optimized import cycle planning and financial capacity alignment.
• Transitioned from traditional LC reliance to structured import contracts, significantly strengthening treasury management and financial stability.
• Managed PKR 1, 500 million financing portfolio, strictly ensuring compliance with all debt covenants and gearing ratios.
• Communicated with external and internal stakeholders to oversee day-to-day operations and funds management and maintained the import payment schedule in an SAP environment.
• Monitored bank reconciliations, finance costs, and loan accounts to ensure accurate integration into statutory financial statements.
• Led coordination for statutory audits through data preparation, reconciliations, and management reporting.

• Led and executed statutory external audits for manufacturing, trading, energy, and service-sector clients, including preparation and review of financial statements in compliance with IFRS, ISAs, and local corporate laws.
• Prepared and reviewed IFRS-compliant financial statements for manufacturing, trading, energy, and public sector clients.
• Assessed financial reporting accuracy through risk-based audit procedures and identified accounting treatment issues.
• Recommended adjustments aligned with IFRS and supported management in strengthening financial reporting frameworks.
• Managed financial reporting and statutory audit execution for prominent GCC joint ventures and subsidiaries, including Reem Rice Mills (Al Muhaidib & Al Ghurair Group JV), Manafa Technologies, ENOC, and Grupa Lotos S.A.