Mushhood Iqbal
Senior Accountant/Finance Manager/Analyst
Pakistan
Summary of Career
1. Introduced and implemented new Internal controls in an Organisation.
2. Handled teams of Accounts / Finance along with co ordination with other departments specially sales and Operations and worked with organisation of 600+ employees.
3. Liaised with Sales department to make their strategy for getting the pitch, generating leads and determining targets for them.
4. Monitoring of overall office operations running smoothly
5. Reporting the core with appropriate financial and MIS reports.
6. Thorough understanding of IFRS, GAAP, IAS's and IAS.
7. Handled bigger portfolios of revenue and expenses.
8. Budgeting, forecasting and analyzing the patterns in financial data.
9. Proficient user of Microsoft excel and ERP solutions and a quick learner.
10. Decreased the overhead cost of company by around 32% in tough economic situation and optimized the cash flows.
Experience as Finance Manager
HB MEDIA (PVT.) LIMITED (CAPITAL TV)
30 November 2018
30 November 2019
• Maintained the comprehensive budget of 50+ million PKR monthly & decreased company overhead cost by 32%.
• Manage teams work (AR, AP, tax) and regulatory compliance reports for PBA (Pakistan broadcast association).
• Budgeting and forecasting expenses of events & programs going live (countrywide) for a monthly and yearly basis.
• Introduced a restructuring strategy because of increased overhead expenditures as compared to revenue.
• Tracked, analyzed revenue & expenses for 5 regional offices & determining budget variances and P&L periodically.
• Supervising Accounting staff and dividing responsibilities to ensure performance and held responsible for their
work.
• Addressed constructive changes to improve internal control processes (purchase policy).
• Changed and implemented Financial Policy which increased the department's performance in monetary terms.
• Reviewing monthly reporting packs, analyzing variance, discrepancies and creating MIS reports for senior
management.
• Reviewing spots allocation Vs spots ran live, issued by the sales department and issuing the credit notes to clients.
• Budgeting for broadcasting coverage of one-off events which includes DSNG (Digital Satellite News Gathering)
team.
Experience as Finance Manager
Reach Mena FZ LLC
20 November 2016
30 June 2018
• Managed an effective working capital cycle that had a positive impact on cash flows and company liquidity.
• Financial and Management reporting for both divisions of the business on a monthly, quarterly and yearly basis.
• Boosted customer satisfaction ratings by employing conflict resolution techniques.
• Responsible for daily coordinating with sales & operation team resolving discrepancies and variances in results.
• Developed and Introduced new internal controls into the company Finance and Operations Policy.
• Developed new accounting & documentation practice, managed General Ledger, online banking and Reconciliations.
• Managed Financial/non-Financial Operations of the Media and IT (Information technology) division.
• Assist the sales team in formulating business proposals according to the customer's business needs.
• Decreased number of days in recovery time (Receivable collection period) from 95 to 86 days.
• Maintaining SOA for Vendors and customers and periodically checking the Aging of the Customers.
• Handled full scope of company Accounts Payable, Accounts receivable, legal & regulatory requirements with authorities.
• Determining cut off point for the sales staff for calculating their commissions and target settings.
• Analyzing Margins, Variances, costs and issuing project cost reports to be review by management.
• Preparation, presentation and analysis of financial statements, forecasting, and budgeting on a monthly basis.
• Maintained prepayments, accruals, fixed asset register, month end journals, cashbooks & provisions as per standards.
• Replaced old system with the new ERP implementation with the help of the IT team as compliant with UAE VAT law.
• Collaborated with sales managers and sales consultants to create a positive atmosphere, resulting in maximum profita-bility and customer satisfaction.
• Liaise with the company External Auditors and Tax Consultant.
• Reviewed and reconciled discrepancies in accounts and financial documentation.
• Partnered with sales Team, created strong tracking system for sales & delivery systems to oversee Finance Operations.
Experience as Accountant
AAFAQ Islamic Finance
01 May 2015
10 November 2016
• Oversaw full accounting cycle, including compiling and analyzing data, posting and adjusting journal and ledger entries, preparing financial statements and reports and closing books using General accepted accounting principles (GAAP).
• Compliance with IAS (International Accounting standards) & IFRS (International Financial reporting standard’s.
• Provided various Management information system and Compliance reports to the Management.
• Preparation of monthly reporting packs Including all business activities & maintained Chart of Accounts.
• Provided plan and procedure and all necessary support to the team for establishing an in-house ERP system.
• Investigated and resolved billing issues to generate revenues and minimize outstanding debts.
Experience as Audit Associate
Grant Thornton
01 January 2014
28 February 2015
• Assessing compliance with rules & regulations, examining and analyzing records and audit-related documents.
• Assessing risks and internal controls by identifying areas of non-compliance by evaluating manual & workflow
• Handled complete Audit of Joint Venture Project of 2 concessions valued over more than $102m.
• Conducting fieldwork as instructed, evaluating risk areas and adopting necessary procedures based on risk profile.
Experience as Finance Executive
THREE STARS PLANNER AND ARCHITECT
30 November 2018
31 December 2013
• Assisting Manager in weekly and monthly reporting and doing daily journal entries
• Managed Accounts Payable function and employee expenses function
• Handling petty cash on day to day basis.
• Preparation of payroll data and monthly management accounts.
• Assist manager with annual budgeting and monthly forecasting
Bachelor 30 April 2019
BS Hons in Applied AccountingMatric 31 January 2020
Association of Chartered Certified Accountants (ACCA), BSc Honors In Applied Accounting (Oxford Brookes University)Other 31 July 2016
ADVANCE DIPLOMA IN ACCOUNTING AND BUSINESS (ACCA)