Senior Manager Reporting and Budgeting
Hilal Foods Private Limited
مجموع سنوات الخبرة :12 years, 11 أشهر
- Involved in the execution of monthly closing activities of the month on SAP.
- Compiling and reviewing monthly MIS which includes profit & loss, analysis of sales, inventory, expenses and other operational reports.
- Responsible for presenting monthly MIS package to the management.
- Analyzing variance with respect to contribution margins, discounts, factory overheads and other expenses.
- Responsible for approving all CAPEX requisitions and make sure that are raised as per the Company policy.
- Coordination with research & production department regarding resolution of issues in execution of monthly cost estimates on SAP.
- Reviewing new product cost sheets and their feasibility in terms of margin, pricing and discounts.
- Holding meetings with brand teams to discuss variances in discounts, margins and expenses of each brand against budget and previous month.
- Discuss and analyze cost saving initiatives in coordination with different departments.
- Presented monthly MIS package to the management, a comprehensive report on the business and operational performance of the group.
- Analyzed monthly and year to date variance analysis with respect to gross margins, yield analysis, inventory analysis, wastages, factory overheads and marketing expenses.
- led yearly budget cycle of the group which involved coordination and gathering of budget proposals, analyzed provided budget and prepared budgeted reports in comparision with previous years.
- Prepared project financial feasibilities with various assumptions for all new investments and determined the project payback period.
- Reviewed new product cost sheets and their feasibility in terms of margin, pricing, expenditure and discounts.
- Reviewed inventory ordering cycle by ensuring the requirement of imported raw and packaging materials according to the rolling forecast.
- Provided special rates for local, export tenders and its feasibility in terms of volume, margin and discounts.
- Maintained standard cost of all products and materials including fixed overhead rate. Identified and provided suggestions for reduction in costs.
- Prepared annual financial statements of group for audit purposes.
- Coordinated with external auditors and ensured smooth execution of audit and resolution of all queries.
- Coordinated with IT department for the preparation and development of new reports and controls in ERP.
- Led teams through planning, execution and completion stages of audit;
- Engagement planning based on understanding of the entity and assessment of business and related audit risks;
- Coordinated with team manager to define the extent of planned audit procedures and to update on progress of the engagement;
- Supervised, reviewed and finalized assurance / non-assurance engagements and other special assignments;
- Frequent liaison with client's management and communication of relevant matters to persons at appropriate management level;
- Consultation on significant matters with various professionals such as lawyers, tax advisors, actuaries and IT experts;
- Prepared / reviewed internal control manual for various business processes and compliance testing;
- Assisted clients in preparation of financial statements in accordance with the applicable financial reporting framework including compliance with International Financial Reporting Standards (IFRS), local corporate laws and directives of regulatory authorities;
- Provided basic advisory services to clients in respect of taxation, accounting treatment of transactions and compliance with secretarial practices; and
- On-the-job training and professional development of staff
As a part of global development program of Deloitte Pakistan I was seconded to Deloitte Qatar, Doha office.
As a part of global development program of Deloitte Pakistan I was seconded to Deloitte Qatar, Doha office.
6 Weeks Internship in Supply Chain Management (SCM). During Internship I learned the Supply Chain Process of the Beverage industry .PBL was in the Process of implementing SAP and I worked on Material Management Module of SAP.
Completed all the papers and practical experience requirement of ACCA qualification.
I have complete my Matriculation with Science as majors.