Experience as Finance Executive

• Employer

  Umer Farook Textiles (Pvt) Ltd

• From

  01 October 2008

• To

  31 December 2010

• Detail

  • Entering the financial transactions (Income and Expenses) in to the accounting system
  • Managing the fixed assets of the company and the insurance of the fixed assets
  • Managing the working capital of the company
  • Preparation of monthly and annual accounts of the company
  • Preparation of monthly bank reconciliation
  • Dealing with banks regarding LC for imports
  • Preparation of ageing analysis, payment to vendors and tax authorities
  

Experience as Accounts Officer

• Employer

  Naseem Enterprises

• From

  01 January 2011

• To

  30 April 2013

• Detail

  • Installed computerized accounting system and migration of data
  • Preparation of Financials (MIS reports) Including Balance sheet, Profit & loss account, Cash flow statement according to IFRS
  • Preparation of Accounts receivable & Payable reports with ageing weekly basis and presenting to management
  • Preparation of Accounts Receivables & Payables including invoicing, follow-ups and reconciliations including meeting with the clients as a last resort
  • Preparation of Payroll on monthly basis and revising provision for End of Service Benefits
  • Maintain banking relationships and assisting in determining & maintaining company’s proper capital structure
  • Preparation of quarterly financial statement for the audit purpose and submitting to regulatory authorities
  • Reconciliation of statement of accounts with client’s statement of account every month
  

Experience as Assistant Manager Budgeting

• Employer

  DKT Pakistan (Pvt) Ltd

• From

  01 February 2014

• To

  31 July 2017

• Detail

  • Preparation & implementation of budgets and budgetary control & preparation of budget reports and variance analysis
  • Developing Costing & Pricing exercises keeping in view the product wise CYP contribution to the portfolio
  • Fixed Asset management
  • Dealing with Bank related matters
  • Manage the financial and compliance aspects to ensure that expenses incurred are consistent with grant agreements
  • Collect, analyze and summarize data (MIS) for the board
  • Collaborate with the senior management in developing the quarterly and yearly operational plan
  • Preparation of management accounts and cash flow also ensures funds are utilized in accordance with budgets
  • Preparing all regular reports including the Monthly Flash and overall Balance Sheet review according to IFRS
  • Liaison with the Auditors (Statutory, Internal and Donor) until the completion of final audit
  
  Software Implementation
  • Design and implemented SAP Business One. Also implemented the controls within the department in order to manage the accounting functions by using SAP B-1
  • Established a process to monitor risk assessment particularly for duplicate payments
  
  Compliance & Risk assessment Audit
  Established compliance and risk assessment process and conducted semi-annual compliance & risk assessment, internal controls and asset utilization audits for a separate project in Swat and other offices across Pakistan
  

Experience as Assistant Manager Finance

• Employer

  The Aman Foundation

• From

  01 August 2017

• To

  31 January 2019

• Detail

  • Prepare strategic and operational plans and annual estimated budgets for BU and implement budgets. Set performance indicators and comparison with implemented strategies
  • Preparation & analyzing data for planning and decision support
  • Preparation of weekly, monthly, quarterly and annual MIS reports incl. board pack
  • Preparation & execution of BU budget
  • Monitoring of actual v budgeted spending & controlling
  • Monthly closing (Cash Flow, Variance analysis etc.)
  • Identification of cost, transfer pricing etc.
  • Drafting of policies and procedures for better financial management and track implementation
  • Liaise with monitoring and evaluation team for continuous measuring of service output and its impact on targeted communities and internal & external auditors
  • Evaluate the performance of employees within department and take necessary action to help them learn new skill set and accomplish their tasks
  • Developing the strategic plans on monthly basis and prepare reports accordingly
  • Assist in conducting the literature review, surveys and data analysis related to BU research
  • Implementation of AVAYA (software used in call centers)
  • Conducting debtor and creditor ageing analysis
  • Generating accounts receivables and accounts payable for BU and managing cash position for BU
  • Financial planning for BU & forecasting the company financial health
  
  Compliance & Risk assessment Audit
  • Conducted risk assessment, compliance, internal controls, ISO audit and other BU risk protocols semi annually
  • Preparation of monthly risk and compliance analysis for BU

Experience as Finance Manager

• Employer

• From

  19 May 2019

• To

  30 September 2020

• Detail

  • Head of finance, purchasing and billing department. Handling a team of 11
  • Responsible for all financial matters including contract with doctors & suppliers, financial reporting & analysis, preparation & implementation of budgets across the hospital, cash management strategies, tax and all legal matters, insurance, audit and banking matters etc.
  • Contribute in developing policies and ensure compliance with policies and procedures within the department and at organization level
  • Streamlined accounting procedures, suppliers with accounts and purchasing, and software issues
  • Identify risks related to finance and set regulations and policies to mitigate the risk on critical issues
  • Evaluate the performance of employees within department and take necessary action to help them learn new skill set and accomplish their tasks
  • Analyze, develop and implement procedures related to creditor’s payment and contract and disbursements of other entitlements and salaries
  • Develop the procedure and necessary corrective actions to control stock in central store and pharmacy at organizational level
  • Preparation and implementation of annual budget at organizational level, approve and monitor the compliance and expenses
  • Overseeing financial reporting & data analysis and develop long term business plans to provide financial support to various depts. and CEO for business planning to improve revenue. Majorly controlling risk by predicting the probability of loss and market trend analysis to set patient prices accordingly
  • Work together with all departments to ensure smooth operations and related to budgets, expenditure and revenue
  • Predicting future financial trends, analyze market trends and competitors, develop strategies to minimize financial risk