
Finance Manager – Fatima Fertilizer Co. Ltd &
Fatima Cement Ltd.
A qualified and dynamic Finance Professional having rich and insightful experience of 15 years (PQE CA: more than 11.5 years & PQE ACCA: 15 years) seeking leadership challenges that will utilize my education, skills and experience to contribute towards organizational excellence.
Areas of Strength
¨ Project Accounting & Contracts
¨ Annual Financial statements ¨ Financial Evaluations & Feasibility
¨ Treasury & Financial Management ¨ Business plans and monitoring
¨ Taxation and Regulatory compliance ¨ Oracle ERP Implementation ¨ Product costing and profitability ¨ Accounting System Development ¨ Inventory, Fixed assets & sales
¨ Payroll and Labour Laws ¨ Annual financial and cost audits
¨ Internal controls and Compliance ¨ Team Building & Mentoring
¨ Payable, payments and treasury
Profile Highlights
- Well-versed and demonstrated experience in Annual Financial Statements, monthly management accounts & reporting while witnessing the adherence of prevailing laws & best practices.
- Similar expertise in Data Analysis & Financial Evaluation, Project Accounting, Capitalization of project cost, ERP start-up, Budget preparation & monitoring and Product costing through specialized accounting systems & procedures, planning, evaluations and analysis, monitoring & control, quality & risk management, and communication between project stakeholders.
- Demonstrated experience to act as member of Board of Trustees / Treasurer in Boards of three NPOs including a hospital, a school (O & A levels) and a community welfare organisation.
- Proven skills and experience in core areas of payable & payment functions, sales accounting, inventory & stock management, treasury, payroll, contract and price negotiations.
- A competent Team Leader in driving the team of 25 individuals to performance excellence through knowledge transfer, motivation and mentoring as well as a Team Player with analytical, problem solving, communication & interpersonal skills.
- Functional & Technical Skills: IFRS, IAS, Ms Office Suit, ERP implementation, Accounting cycle & system, financial projections skills and techniques, Income Tax & Sales Tax, Companies Ordinance & secretarial practices, listing regulations & GAAP.
Last Resume Update | November 25, 2019 |
Address | Lahore, Pakistan |
[email protected] | |
Phone Number | +92 3009675861 |
Experience
Finance Manager
Coordinating and directing the preparation of the feasibility studies, project budget, financial projections and report variances.
Developing financial strategy including risk minimisation plans and opportunity forecasting
Working closely with executive teams to share reports and analysis findings
Ensure quality control over financial transactions and financial reporting
Develop and document business processes and accounting policies to maintain and strengthen internal controls
Finalize timely monthly financial statements and reports for management.
Plan for high risk project strategic initiatives and ensure correct duration estimated tasks.
Monitor performance and determine improvement areas by developing key performance indicators for critical department metrics.
Plan and Manage Project Budgeting Process and its monitoring.
Coordinate ERP based accounting system and development of complete accounting system.
Ensure compliance of Companies Ordinance, Income Tax Ordinance, relevant laws, Financial Reporting Standards, GAAP and company’s policies and procedures.
Communicates with external auditors for all project related financial aspects
During tendering phase, defines administrative, accounting and tax structure of the project and supervises the contractual terms of the project (deliveries, duties, penalties, financial terms, etc.)
Participates in Project Management Review and Project Steering Committee Review.
Finance Manager
Finance Manager (May 2008 onwards)
Ensure that company financial systems are robust, compliant and support current activities and future growth.
Develop credibility by providing timely and accurate analysis of budgets, financial reports and financial trends in order to assist the top management in performing their responsibilities.
Enhance and/or develop, implement and enforce policies and procedures of the organization by way of systems that will improve the overall operation and effectiveness of the corporation.
Contribute fully to the development of company strategy across all areas of the business, challenging assumptions and decision-making as appropriate and providing financial analysis and guidance on all activities, plans, targets and business drivers.
Evaluate and advise on the impact of long range planning, introduction of new programs/strategies and regulatory action.
Evaluate the finance division structure and team plan for continual improvement of the efficiency and effectiveness of the group as well as provide individuals with professional and personal growth with emphasis on opportunities (where possible) of individuals.
Ensure accurate recording of the Company’s transaction into books of accounts while confirming to the Companies Ordinance, IASs/FRSs and GAAP.
Appraise and evaluate new projects and ventures by using sophisticated techniques to explore new business opportunities.
Finalize trial balance and monthly reports for management reporting purposes.
Finalize Annual Business Plan and forecasted Financial Statements and cash flows for management decision making.
Responsible for product costing and profitability analysis to decide best production mix and for management decision making.
Continual improvement of the budgeting process through education of department managers on financial issues impacting department budgets. Effectively implementing budgetary control and monitoring system, and reporting of variance analysis for management.
Work with senior management to grow the business, formulating strategies and plans.
Performed primary and major tasks during implementation of ERP (ORACLE) specifically Order Management, Fixed Assets, General Ledger, OPM and Accounts Receivable/Payable modules.
Coordinate and bridge between plant management and head office for smooth and efficient functioning.
Control and manage key accounting areas like sales accounting, stock reconciliation, inventory management, and fixed asset register, payroll and employees reimbursement.
Responsible for all types of payments while confirming that company’s policies & procedure are complied with.
Responsible for deposit of Government levies within stipulated time and filing of various tax returns.
Responsible for managing all type of finance and accounting functions of sizable Trusts (not for profit organizations.
Enhance and/or develop, implement and enforce policies and procedures of the organization by way of systems that will improve the overall operation and effectiveness of the corporation.
Ensure compliance of Companies Ordinance, Income Tax Ordinance, relevant laws, Financial Reporting Standards, GAAP and company’s policies and procedures.
Provide technical financial advice and knowledge to others within the financial discipline.
Undertake responsibilities as Treasurer /Finance Member in Board of Trustees of three not-for-profit organization that includes hospitals, schools and various CSR initiatives.
Supervisor – Audits, Management Consultancy & Internal controls
During article ship gained most of my professional experience in the Telecommunication, Textile, Stock Exchange, Financial institutions, Automobile, Fertilizer, Insurance, Food, Energy, cement, sugar, Other Manufacturing, non-profit and Services sectors.
Good knowledge of reporting under International Financial Reporting Standards (IFRS) and conducting assignments under International Standards on Auditing (ISAs).
During the tenure of on-the-job training, I attained extensive practical experience in the fields of audit including external & internal audit, management consultancy, corporate, secretarial services and system designing & development related to various types of organizations including quoted, un-quoted and private limited companies. Scope of work, inter alia, included ensuring compliance with management policies, reviewing existing systems to identify control weaknesses and examining financial statements to ensure compliance with national and international reporting framework.
Education
Chartered Accountant - FCA
Chartered Certified Accountant - ACCA