M*****k

 Headed implementation of new financial system FOCUS ERP9, Trained employees of all departments.  Directed internal audit of financial statements and accounting data and corrected transactions errors.  Reworked on LC financing calculations and reposted adjustments in system.  Supervised quarterly VAT returns and reconciliation.

 Designed and implemented a transport module in the SAGE, enabling decision making on items’ sales prices  Led implementation of new financial system FOCUS ERP9, resulting in increased accuracy of financial data and improved operational efficiency.  Got refund claim of AED 39,000/- from FTA-UAE without any tax agent involvement.  Rectified loan interest calculation and reimbursed AED 70,000/- from the bank.  Managed all accounting operations including Accounts payables, Accounts Receivables, cost accounting, inventory accounting, and revenue recognition.  Scrutinized financial statements and budgets, causing 10% rise in profit margins.  Handled bank financing facilities, letter of credit, and other bank matters and arranged fund resources.  Independently completed VAT and corporate tax Registration, VAT Audit and oversaw VAT returns.  Developed and formulated cash flow report in MS excel, which reduced time and gave 100% accurate result.  Headed procurement contracts, decreased cost by 15% and cultivated strong relationships with vendors.

 Modified cash flow budget, raised 10% cash flow by timely recoveries and controlling recurring OPEX.  Increased revenues by 20% by reactivating past customers after credit & risk analysis.  Activated dormant financing facilities and reduced bank charges for LCs of import bills.  Played a key role in maintaining accounts receivable records, resulting in a 25% increase in timely receivables.  Led internal and external audits and ensured regulatory compliance with applicable laws, resulting in zero findings, and maintaining a clean audit record for three consecutive years.  Strategized business plan for 2 trading branches in Dubai and Abu Dhabi, brought 25% increase in sales.  Applied a new budgeting process that resulted in a 10% reduction in OPEX and a 5% increase in revenue.

 Analyzed financial statements and proposed strategies to improve profitability, resulting in a 15% increase in net profit margin and a 10% improvement in overall financial performance.  Managed financial audits and sales tax compliance, resulting in a 100% compliance rate and no penalties or fines.  Introduced banking facilities and enhanced funds resources of company by Rs. 90 million.  Re-engineered job order costing processes and decreased production cost, leading to a 15% increase in revenue and a 5% improvement in profit margins.  Streamlined the budgeting process by implementing automated tools, stretched internal controls, reducing the time spent on budget preparation by 30% and improving the accuracy of financial forecasts.

 Exceeded P&L objectives by more than 20% annually through cost cutting and tight internal controls.  Oversaw and streamlined the conversion of 600+ vendor payments / Accounts payable, which cut costs by 15%.  Established excellent relationships with Bankers, leading fast processing of financing facilities.  Supervised Payroll processing of 5,000 employees of 10 divisions.  Mentored a team of 25 accounting professionals of 10 divisions, trained staff and defined responsibilities.

 Implemented new oracle financials ERP software, trained staff, resulting in a 30% increase in efficiency.  Analyzed financial data, enhanced general ledger accuracy, identified cost savings opportunities, resulting in a 10% reduction in operating costs over a one-year period.  Spearheaded a cross-departmental initiative for the reconciliation of 500+ vendor accounts, leading to 80% reduction in discrepancies.  Redesigned collections strategy and customer credit assessment process, resulting in a 20% reduction in overdue accounts receivables and a 10% increase in overall cash flow.  Reviewed sales tax, which resulted in the rebate of an estimated PKR 60,000 monthly from the government.  Performed variance analysis, set item price and cost which led to an increase in revenue of Rs. 2.4 million.

 Executed external audits of manufacturing, FMCG, insurance, and trading companies.  Observed different accounting software, chart of accounts, and accounting policies of different companies.  Identified flaws and assist client in resolving issues in financial statements.  Got expertise in sales tax, and income tax return filing procedures of different companies.