Muhammad Mohsin Raza Khan
Accounting and Finance
Dubai
Summary of Career
1. Managed all accounting operations including Billing, A/R, A/P, GL and Fixed Asset, Cost Accounting, Inventory Accounting and Revenue Recognition.
2. Ensure accurate maintenance of accounts in lines with IFRS (international standards).
3. Prepare and analyze Monthly MIS reports.
4. Advice management on all financial matters.
5. Finalization of Monthly, Quarterly and Annual Financial Statements.
6. Monitor and analyze actual results against budget and forecast numbers.
7. Cash flow management and ensure availability of funds for working capital.
8. Control monthly and annual closing activities on SAP.
9. High-Level profitability analysis of products, customers and region level for top management and recommend strategy for value enhancement.
10. Review and submission of monthly sales tax (VAT) returns.
SAP Implementation being FICO Power user in Midas group
Financial restructuring and revamping of three group of companies resulting increase in profit from 3% to 15%
Successfully developed and executed system for product costing, budgeting & Board Reporting Pack.
Improved cash cycle from 129 days to 75 days through Inventory, receivable and payable controls.
Experience as Chief Financial Officer
Aayan Trading
01 September 2017
31 August 2019
Advice management on all financial matters.
Oversee the day to day activities of the finance team.
Coordinate and direct the preparation of the budget and financial forecasts and report variances.
Prepare financial reports and interpret financial information to Top Management and recommend further actions.
Prepare and Analyze monthly & Yearly financial statements.
Analyze cost, marginal contribution, pricing and sales results and compare it with the business plans.
Cash flow management.
Ensure month-end and year-end closing on time.
Ensure quality control over financial transactions and financial reporting.
Managed and comply with local, state, and federal government reporting requirements and tax filings.
Develop and document business processes and accounting policies to maintain and strengthen internal controls.
Review Monthly and Annual VAT return before submission.
Trend analysis and projections for the company’s finances.
Experience as Head of Finance and Lead Financial Analyst Pakistan
Midas Safety
01 July 2006
03 July 2017
Key Achievements:
Provided financial restructuring and revamping of three group of companies resulting increase in profit from 3% to 15%.
Improved cash cycle from 129 days to 75 days through Inventory, receivable and payable controls.
Liquidate dead and slow moving inventories and realized cash which invested in fast moving items to prevent stock out.
Implemented SAP ERP System in 8 group of companies as power user while leading finance team.
Successfully developed and executed system for product costing, budgeting & Board Reporting Pack.
Launched business partnering concept within company which was later implemented by other group companies.
Promotions and Career Progression at Midas:
Promoted to Group Lead Financial Analyst - Pakistan from Head of Finance – PSL in 2016
Promoted to Head of Finance – PSL from Manager Accounts in 2010
Promoted to Manager Accounts from Deputy Manager Accounts in 2008
Experience as Assistant Accounts Manager
Dawood Lawrencepur Limited
01 July 2005
30 June 2006
Responsibilities:
Experience as Accounts Executive
Gulf Export (Pvt) Limited
01 August 2003
30 October 2004
Experience as Tax Consultant
Salman Law Associates
01 June 2000
31 May 2003
Other 01 December 2005
CMA Pakistan