Manager Finance
SIDRA LLC
مجموع سنوات الخبرة :18 years, 8 أشهر
Entrusted with Finance Operations of 4 Group Companies including Educational institutes, Health Sector and FMCG establishments.
Financial Reporting and Budgeting
Handling of day to day Financial operations
Involvement on Group level for improvement of Processes and controls
• Batched up with the responsibilities of Head of Finance & Operations of Fabrizio (Pvt) Ltd in January 2013, it is a group entity of Stylo Shoes. Job responsibility includes
o Supervising the finance team and leading towards the coporate strategic goals
o Preparation of financial statements and ensuring the month closing schedules and entries.
o Preparation and review of bank account reconciliations and party reconciliations.
o Critical analysis of revenue, expenses accounts to ensure correct recording and highlight the abnormal trends on monthly basis
o Review of monthly financial statement and report the variances in expenses and income accounts.
o Ensure correct recording of assets and liabilities.
o Review and supervise the budgeting exercices of the organizaion and reporting the variances thereon.
o Preparation of different reports for management and CEO
o Proficient in handling Accounting matters
o Independent and self motivated with proven record of success
o Dealing / managing Receivables and payables independantly
o Providing and interpreting financial information. Monitoring and interpreting cash flows and predicting future trends.
o Developing financial management mechanisms that minimise financial risk; Conducting reviews and evaluations for cost-reduction opportunities;
o Liaising with auditors to ensure annual monitoring is carried out;
o Developing external relationships with appropriate contacts, e.g. auditors, solicitors, bankers and statutory organisations such as the Inland Revenue;
o Producing accurate financial reports to specific deadlines; managing budgets; arranging new sources of finance for a company's debt facilities; supervising staff; keeping abreast of changes in financial regulations and legislations
o Analysis of differenent retail industry trends including sales value, volume, category, IPT, RPT, OTIF etc.
• Entrusted with the responsibilities of Head of International Business in September 2011 and appointed as Chief Representative Officer (CRO) of the Company for China Representative Office.
o Responsibilites include the entire business setup in China.
o Evaluated the business proposal for Business setup in China.
o Carried out two visits to China for Legal set up evaluations.
o Meetings with legal firms for incorporation of the entity.
o Analysis of the potential business areas.
o Capital injection opportunities and possibilities.
o Involvement of Quality assurance firms for business partners.
o Review of Human resource requiremnt and selection of office location.
• Exploiting the International Sourcing expertise from the above analysis and cost saving in the current businness local procurement and reducing the current purchase price by 40%
• Joined as Manager Internal Audit in March, 2007. Promoted to Head of Internal Audit (Senior Manager) in January 2011.
o Reporting to Director Finance, Audit & IT. Member of the Management Team, a layer next to the Board of Directors of the organization.
o Responsibilities include review of internal controls and policies adopted by the organization and design of policies and procedures and implemementation thereof.
o Preparation of Annual Audit Plan for the organization and to ensure the department activity alignment
o Carrying out the internal audit assignments on monthly and adhoc basis as desired by the management.
o Charting the Physicaly inventorie plan for the retail points and reporting thereto.
o Carring the analytical reviews and highlighting the abnormalities.
o Ensuring the implementation of the control weaknesses and audit observations in the user departments.
o Preparation of internal audit reports for the managemenet with recommendations thereto.
• A Subsidiary of Enpointe Technologies Inc. USA, a leading US Based Call Centre and Pakistan’s largest Business Process Outsourcing (BPO) Company.
• Worked as Assistant Manager Finance. Responsibilities include implementation of GL System \{Sidat Hyder Financials (Back end SQL Server & Front end Power Builder)\} at two remote locations and computerization of the financial record. Job description also includes recording of daily business transactions i.e. vendor payables, customer receivables, bank & cash payments, preparation of bank reconciliation statements, liaison with financial institutions for routine matters, arrangement of long & short term finances including leases, preparation of financial statement on monthly basis, liaison with external auditors for completion of annual/half-yearly audit and looking after the budgeting and forecasting the financial aspects of the business.
Ovex Technologies (Pvt) Ltd
Aug 05 to Feb 07
• A Subsidiary of Enpointe Technologies Inc. USA, a leading US Based Call Centre and Pakistan's largest Business Process Outsourcing (BPO) Company.
• Worked as Assistant Manager Finance. Responsibilities include implementation of GL System \{Sidat Hyder Financials (Back end SQL Server & Front end Power Builder) \} at two remote locations and computerization of the financial record. Job description also includes recording of daily business transactions i.e. vendor payables, customer receivables, bank & cash payments, preparation of bank reconciliation statements, liaison with financial institutions for routine matters, arrangement of long & short term finances including leases, preparation of financial statement on monthly basis, liaison with external auditors for completion of annual/half-yearly audit and looking after the budgeting and forecasting the financial aspects of the business.
Module - F (CA - Finalist) (One Paper To be Passed)
Pakistan Institute of Public Finance Accountants (PIPFA)
Punjab University Lahore
Government College Lahore