Post Project
Continue with Facebook
Continue with LinkedIn
Invite
-->
ABOUT
A finance professional having professional qualification of (ACCA-A) along with working experience of more than 7 years’ in diversified industries like Oil & Gas, FMCG, Shipping & logistics, Steel Processing and Trading & Construction Industries. I have also sound experience of various ERP Software (SAP – FICO, AS 400, Microsoft Dynamic GP, Oracle), Financial & management reporting, Internal Controls, team managements skills, building corporate image and supply chain.
LANGUAGES
English
Full professional proficiency
Urdu
Full professional proficiency
SKILL DETAILS
Finance
Treasurers
Coaching
71 ₪
/ hr
Financial Coaching
Financial Accounting- International financial reporting standards.
Senior Executives
Senior Financial Managers
SAP
SAP FI - Financial Accounting
EMPLOYMENT HISTORY
November
2017
-
Today
Senior Accountant
Lootah Group- Dubai- Monitoring the payments of Sub contractors, Suppliers and their internal controls & compliance.
- Preparing receivables & Payables Aging.
- Customers & Suppliers reconciliations and resolving discrepancies if any.
- Monitoring Projects Petty cash and supervising reimbursement and imprest system.
- Liaison with external auditors and handling their quires
- Monitoring suppliers LC, LG and TRs.
- Monitoring and Supervision for Value Added Tax (VAT) as per the requirement of Federal Decree No. (8) Of 2017.
- Maintaining and keeping up to date book keeping for VAT as per procedure of Federal Decree No. (8) Of 2017.
- Supervising and guiding VAT return preparation as per FTA Rules, Regulation and Guidelines
April
2015
-
September
2017
Credit and Trade Finance Controller
Alam Steel Group- Overseeing payment and internal control, compliance of the same.
- preparing MIS report ( monthly PL/ BS, cash flow, Aging, sales report)
- Allocation of expenses over respective dept. using appropriate method such as ABC, etc.
- Liaison with auditor, legal experts, and insurance companies.
- Reviewing Customers Contracts / quotations / sales proposal, negotiation for terms & clauses accordance with past credit history & financial viability of customers.
- Follow up with Customers, Sales & marketing, Banks, Finance staff for ensuring proper remittance of funds against delivered goods.
- Monitoring Cash inflows with relate to LC / Cash /PDCs and prepare a weekly report to management as per market norms.
- Review & prepare LC applications, Negotiation of finance rates, and drafting of additional clauses as per UCP-600.
- Monitoring / follow up for import shipment & follow up with suppliers for original shipping documents and arrange marine insurance.
- Review of LC Discounting option, Term receipt, and negotiation of financial charges.
- Review of LC release as per terms & conditions, validating documents; maintain TR sheet bank wise and month wise.
- Ensure proper submission of commercial documents as per LC clauses and UCP and send to customers and banks.
- Follow Up with customers / banks for confirmation documents and for LC issuance, Amendment and clarifications.
- Supervising GRN / Material reconciliation/ payable reconciliation and resolving of issues related to it.
May
2014
-
February
2015
Senior Accountant
Gul Bottlers-- Preparing financial management report and management accounts
- Preparing Daily Fund Position and Month wise cash flow positions.
- Preparing MIS report (Sales, Receivable’s, payables, fund positions, inventory moment/ production).
- Oversee purchase, vendor’s payments and outstanding liabilities.
- Regular analytical report on production VS Sales.
- Preparation of budgets, forecast for sales and production.
- Management and reporting of capital expenditure.
- Ensure proper internal controls over raw material and finished goods movement.
- Proposal of sales prices, trade discount, relevant targets, cost estimations for each job order
December
2012
-
May
2014
Assistant Manager- Payables
Meskay & Femtee- Preparing sales and purchase contracts with various payment terms such as LC, CAD etc.
- Preparation of LC application, review, issuance, monitoring and negotiation of LC amendment etc.
- Monitoring Packing material, Export Freight procurement and payments Functions.
- Dealing with shipping companies for negotiation of freight and payment terms and Free days.
- Monitoring Foreign Recievables, receipt, negotiation with banks for exchange rates.
- Direct contact with Banks regarding issuance of Import LCs and for negotiation of Export LCs.
- Coordinating with logistics team for arranging delivery of the material.
- Coordinating with banks for ensuring immediate negotiation of documents presented and immediate dispatch of documents to issuing bank so that customer will get the documents on time.
- Follow ups with banks for timely payment of documents negotiated and in case of usance LCs, arranging discounting of the documents if required.
- Preparation of various reports as per requirement of the company.
- Hands-on experience in billing, monthly payroll and sales tax.
October
2009
-
November
2012
Accounts Executive
Mega & Forbes Group- Preparation of Disbursement Invoices (Container Handling Invoices).
- Reconciliation of ledger accounts, inter group company accounts and bank accounts.
- Preparing weekly & fortnight Commission, containers repairs, detentions, demurrages, port charges and claim reimburment reports to various principal Lines.
- Demurrages and detention calculation & invoicing to customers.
- Monitoring daily collections and report to management after checking compliance with the internal approved Tariff.
- Issue of cheques for Suppliers (Container terminals, Transporters, Stevedores) etc.
- Preparing recievables monthly aging and circulating weekly recievables report to sales heads for their perusals.
EDUCATION
January
2010
-
August
2014
ACCA
ACCA- UK
August
2006
-
October
2008
M.A Economics
University Of Karachi
VOLUNTEER WORK
January
2008
-
January
2009
no
no- no