Experience as Executive Finance

• Employer

  Master Motors

• From

  08 January 2020

• To

  02 July 2021

• Detail

  ❖ Executive Finance (July 2020 - July 2021)
  ➢ Financial & Management Reporting:
  ▪ Responsible for updating Monthly Financial Statements and Consolidation
  ▪ Preparation of Direct and Indirect Cash Flow Statement
  ▪ Lot wise Costing of consignments received (Landed Cost)
  ▪ Preparation of weekly product wise stock Reconciliation and report indicating Valuation & ageing of inventory,
  Advances received against and Payables Accrued with Maturity against Inventory to highlight respective funds
  requirement.
  ▪ Prepare Weekly, fortnightly and monthly Income, Discounts and Expenses report
  ▪ Assigning Costing Attributes to new items in Item Master (Master Data). Such as; Material Items, Fixed Assets
  and Services as per the Costing Allocation Parameters in Oracle EBS R-12
  ▪ Overheads Finalization with detailed allocation through Distribution Sets to charge the Cost on respective Cost
  Centers, Products, Segments and Divisions in Oracle EBS
  ▪ Assistance in Management Internal Reporting and Ad-hoc
  ▪ Monitoring of General Ledger transactions, Inventory movement and their reconciliations.
  ▪ Support month-end closing process and ensure completion & accuracy of monthly expenses recording,
  accruals & other JVs
  ▪ Ensure to prepare and share Receivables and Payables Ageing & Maturity to support Cash Flow planning
  ➢ ERP (Oracle EBS R12) Implementation:
  ▪ Preparation of mock data of Trial Balance (General Ledger & Inventory) for Oracle system.
  ▪ Established overall Payroll Course of Action including monthly Recording, Cost Allocation, Routing through
  Distribution Sets from Old Customized system to Oracle System
  ▪ Parallel System Reconciliation of General Ledgers and Reports of ERP with Legacy/Old System
  ▪ Getting the Reports Developed in coordination with internal MIS/ERP department & external Consultant
  ❖ Management Trainee Officer (Jan 2020 - June 2020)
  ➢ Payables Management:
  ▪ Accounts Payable Cycle including Generation of Payments after obtaining required Approval through system
  ensuring three-way Matching resolving invoice’s discrepancy and required enquires from Stakeholders
  ▪ Party’s monthly balances reconciliation of Payables and Advances for settlements

Experience as Financial Reporting Analyst

• Employer

  Ali Daniyal Industries (Pvt.) Limited.

• From

  03 July 2021

• To

  09 October 2021

• Detail

  ❖ Financial Reporting Analyst
  ▪ Responsible for Preparation of Financial Statements & Management Accounts
  ▪ Daily Dashboard Report reflecting Financial & Operational highlights
  ▪ Product Costing of Edible Oil and Packaging Films with Variance and Break-even Analysis
  ▪ Budget Monitoring and Comparison with needful revisions
  ▪ Ledger Reconciliations & Trend Analysis
  ▪ Financial Analysis of Materials & Overheads, their respective assurance & assessment

Experience as Assistant Manager Finance

• Employer

  Yunus Textile Mills

• From

  11 October 2021

• To

  18 January 2023

• Detail

  ➢ Costing and Reporting:
  ▪ Costing of Yarn and Grey Fabric based on Warp/Weft Yarn consumption of various local and imported Yarn
  Counts and Fabric Qualities produced and procured, including monthly physical WIP stock taking to ascertain
  Cost of Goods Manufactured in Weaving Segment (includes Operational Departments such as Warping, Sizing,
  Loom Shed, Rewinding and Folding) and Costing of Production Quality.
  ▪ Finalization of Overheads, Budget Comparison with reasoning and reporting on Cost Per Pick, Cost Per Meter
  and other KPIs to Departmental GMs, CFO and COO, including identification of reasonings for major variances
  compared to previous month and same period previous year (Utility, Salaries, Depreciation, Stores and Spares,
  Contractor accruals etc.)
  ▪ Monthly Closing Activities, Finalization of monthly Accruals, Import (Landed Cost) Inventory Reporting, their
  abnormality analysis with reconciliation and rectifications in coordination with department
  ▪ Preparing and reporting weekly and monthly management reports including monthly, Weekly Production and
  Yarn Utilization Reports, Utility (Steam/Power/Water) and Stores consumption reports highlighting material
  changes and key trends
  ▪ Finalization of monthly Accruals, Import (Landed Cost) & other Closing Activities
  ▪ Production Contractors Cost Analysis as per the Actual Production records
  ▪ Cost Centre wise Fixed Assets traceability and Monthly Trial Balance Cleansing activity and Attending
  Conference Room Pilot (CRP) and User Training sessions for SAP S/4HANA implementation
  ➢ Payables Management:
  ▪ Reviewing and verifying Yarn, Fabric, General Material, Services and Contractual payments to
  vendors/suppliers with proper Tax Withholdings, based on approved Contracts, Purchase and Job orders (with
  Job Verification status), systemized Stores Receiving Notes (SRNs/GRNs)
  ▪ Reviewing Advances ageing, Vendors/Suppliers Reconciliation & Petty expense and their subsequent
  settlements, attending periodic meetings with GM Accounts for timely resolution