Wajahat Abdul Wahab

- Leading monthly closing and reporting process for operational results, discussing the results with management.
- Program wise reporting of actual gross margins against budgets.
- Reconciliation of costs variances by product, cost center, & inventory with appropriate commentary.
- Monitoring and update on Key operational KPIs and recommendations to ensure KPIs are achieved.
- Support management with planning & analysis for all operations, inventory and capex and strategic decisions.
- Support the statutory audit and interface with statutory auditors in respect of operations and inventory.
- Drive Operating Cash Flow improvements through careful & continuous inventory analysis & management.
- Ensure accuracy and accountability in the financial matters and accounting related to costing and inventory.

- Responsible for monthly management and corporate financial reporting pack.
- Conducted monthly variance analysis of financial results, identifying key drivers of performance, maintain reports that provide critical financial information and presenting findings to management for strategic insights.
- Analyzed data against historical information & trends to provide insights for forecasting & future growth plans.
- Led the annual statutory audit process, liaising with external auditors, resolution of queries on timely basis.
- Drove the annual budgeting process in support of the longer-term strategic objectives of the business. Analyzed provided budgets, prepared budgeted management & corporate reports in comparison with previous years.
- Oversaw the management of fixed assets, monitored project costs and expenses throughout the project lifecycle.
- Managed and supervised the accounts payables, ensuring the Company to achieve satisfactory payable days.
- Ensured compliance with financial and accounting policies, procedures, and relevant regulations.

- 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.