Experience as Manager Operations/ Credits Manager

• Employer

  MCB Bank (Pvt.) Ltd

• From

  06 April 2006

• To

  15 July 2009

• Detail

  • Daily balancing and closing of branch.
  • Received best performer rating in ACR in 2007 and 2008.
  • Surpassed the assigned target of PKR 900M by achieving PKR 957 M for the half year ended June 30, 2008,
  • Credits Manager from October 2006 to May 2007 and was looking after more than 150 clients with the portfolio of more than PKR2.500 Billion.
  

Experience as Manager Financial Reporting

• Employer

  Arabian Trading Supplies

• From

  08 August 2009

• To

  30 April 2018

• Detail

  Financial Reporting
  • Reduced reporting time from 2nd week of the month to 2nd working day of the month.
  • Helped reducing G&A cost by 20%
  • Partnered with other members of finance, treasury and other business units to obtain necessary information for preparation of monthly reports, consolidations and analysis
  • Prepared multiple sets of monthly financial statements including work papers and supporting analysis
  • Assisted in the coordination, planning and execution of external audits with independent auditors. Partnered with other members of finance, treasury, and other departments to obtain necessary information and analysis to support reporting and auditing process.
  • Financial Modeling
  • Documented accounting policies and procedures for the company.
  • Participated in financial reporting and audit process improvements.
  • Review, analysis and budget control of G&A expenses.
  
  Budgeting/Forecasting and Financial Analysis:
  • Assisted business units and other management through the budget and forecast process
  • Assisted management with variance analysis
  • Prepared budget reporting in consolidated required format for management and BOD presentations
  • Budget Control
  • Other responsibilities as assigned.
  
  Internal Controls, Audits
  • Developed and maintained internal audit controls and processes to ensure compliance with Group and external audit requirements.
  • Prepared and managed all Zakat/Audit schedules.
  • Prepared reports on adequacy of controls, outlining discrepancies and recommending corrective actions.
  Credit Control
  • Managed debtor’s days within the company policy and kept working capital investment at an optimum level.
  • Detailed management reporting of Accounts Receivables on a weekly basis including: customer accounts status by division, salesman, and area with full ageing analysis.
  • Detailed management reporting of AR bad debts provision on a weekly basis by customer, division, salesman, area.
  • Resolved all old AR issues including write offs/legal cases etc.
  • Coordinated with regional controllers in setting monthly collection targets as per company policy.
  • Ensured the process of credit noted, customer reconciliations and account confirmations.