Profile Summary
Highly-dedicated, driven, and talented Financial Management Specialist, who holds an exceptional track record in managing large- scale financial operations, preparing financial statements, forecasting, and conducting the budget analysis. Maintains strong skills in identifying and rectifying problems and delivering tasks within challenging deadlines. Possesses excellent ability to work in high- pressure environments.
An ACCA Member with sound qualifications with strong leadership and managerial skills. Proven ability to communicate effectively with people at all levels and building long-term working relationships with key stakeholders. Professional traits include; problem-solving, decision-making, adaptability, and strong work ethics.
Skills & Competencies
Finance & Accounts Management I Budgeting & Forecasting I Business Analysis I Tax Planning and Management I Expert in special Economic zone exemption’s I Credit Control I Financial Statements I Financial Reporting I Financial Risk Evaluation I Cash Flow Assessment I Financial Research I Reconciling & Compliance I Financial Systems & Models I Fixed Asset Register I Project Management I Organizational Skill I Team Management I Time Management I MS Office Suite I Negotiation Skills I Leadership Skills I Conflict Resolution I Coordination I Communication
Software Proficiencies: ERP Management I Peachtree Accounting I Oracle Financials I Huda Soft
Employment Profile
Finance Head (November 2014 to Present)
Universal Packaging Company (Pvt.) Limited
Universal Packaging Company (Private) Limited is one of the leading upcoming printing and packaging companies in Pakistan. The company has invested in state-of-the-art technologies and human resources to set a new bench-mark in printing and packaging.
My responsibilities include,
· Preparation of financial statements in accordance with International Financial Reporting Standards (IFRS) and then coordinating with external auditors for timely completion of audit.
· Preparation of management financial reporting packages i.e. monthly financial statements, ratio analysis, exceptional reporting, and comparison of actual results with the budgets and the previous comparative results and cash flow forecast.
· Representing the Finance Department on various business negotiation teams with an objective to secure commercial terms of arrangements and preparing presentations to be delivered in front of buyers.
· Responsible for all major procurements, this includes negotiating with major suppliers, and also keeping a check on unnecessary expenditures by evaluating departmental requisitions and monitoring the actual requirement.
· Responsible for all Tax related matter, includes filling of Sales tax return, annual income tax return and quarterly income tax withholding, along with correspondence and dealing with tax authorities for audit and settlement.
· Responsible for tax related matters of CEO, including CEO and Director Personal Income tax return filling, correspondence and deal with tax authorities on notices.
· Responsible for SECP related matters, including SECP filling.
· Responsible and deal with CDC related matters of share.
· Acting as front end coordinator with banks for effective fund management which includes
- Arranging additional working capital lines for the company.
- Negotiating pricing with banks on various facilities availed by the company.
- Negotiating Foreign currency rates with banks.
- Daily monitoring of all bank facilities and reporting to management.
- Effective liaison with banks to ensure timely processing of transactions.
- Forecasting and managing long and short term cash flow needs through cash flow analysis.
Achievement’s at Universal Packaging
- To lead and deal with the authorities to get the status of Special Economic Zone entity and obtained the duty and tax exemption along with legal provisions.
To Lead the Whole project of Universal Packaging Company (Pvt.) Limited at National Industrial Park Korangi Creek Karachi.
To lead and developed comprehensive project (CWIP) budget monitoring model for timely resolution through monthly meeting and suggesting necessary inter category transfers and approvals. Weekly progress reports budget vs contract vs execution vs payments. Reviewing local and foreign vendor contracts/ BOQs/ LOAs/ quotations/ LCs to manage optimum cash flows, determine sales tax & income tax impact and avoid adverse financial implications. UAT of ERP and data migration of new company’s plant under construction
Manger Accounts
(March 2013 to November 2014)
Universal Packaging Company (pvt.) Limited
Responsible for managing and leading the Finance Team, and for the day to day management cash flow and financial reporting, accounting and payroll processes.
· Providing Company Directors with accurate financial information, management accounts and data analysis.
· Interpreting financial information and data.
· Analysing the on-going profitability of all ventures entered into by the company.
· Ensuring that strong financial controls and procedures are in place.
· Preparation of monthly management accounts.
· Monthly bank reconciliations.
· Assisting with budgets and forecasting.
· Interpreting cash flows and predicting future trends.
· Identifying the potential for making financial savings.
· Management of tax reporting and compliance.
· Handling and resolving financial queries.
· Working closely with the IT team to ensure all financial data is secure.
· Managing and developing a team of finance and AP professionals.