Agha Hasan Abid Email & Phone Number

Karāchi, Sindh, Pakistan

Ensure monthly close deliverables related to the Company’s Revenue Recognition are completed accurately and timely, including the completion of close journals, account reconciliations, estimate schedules and analytical review.Ownership of the Cloudways segment order to cash process, including billing, collection and ensure proper revenue recognition in accordance with ASC 606.Managing activities of the Revenue Accounting team in Pakistan, reviewing the revenue accounting operational activities related to order to cash processes for Cloudways & uGurus segments and approving relevant journal entries in NetSuite.Assist with the order-to-cash Integration between the Cloudways processes and systems and those of the parent company Digital Ocean.Assist in establishing and maintaining internal documentation for existing and evolving revenue policies, procedures and internal controls.Implement improvements to the existing revenue recognition process in order to ensure the accuracy and completeness of the financial statements and improve efficiencies.Collaborate with Engineering, Billing, Data and FP&A teams to improve analytical insights and maintain proper controls for the billings and revenue recognition process.Participate in ERP enhancements as it relates to the order to cash process.Assist with external audit.Assist with ad-hoc projects and analyses.

Sialkot, Punjab, Pakistan

Process Owner of Accounts Receivable (Sales) Module for implementation of SAP B1 Hana (currently in process) and active member of core implementation team for Air Sial. Involved in Process Study (As-Is & To-Be), Master Data preparation, coordination with ABACUS implementation team and integration process mapping of Air Sial’s Passenger Sales & Reservation system (PSS) with SAP.Responsible for setting up overall Revenue Accounting function for Air Sial from scratch including team building, systems update / development and accounting setup for Sales Receivables and Revenue reporting of all Revenue streams (Passenger, Cargo & Excess Baggage).Responsible for managing, reconciling and accounting for incoming Digital Payments (Receipts) across various digital / card-based sales channels of Air Sial such as POS machines and Internet Payment Gateways like HBL - CyberSource and Tapsys - UnionPay.Responsible for processing Refunds on IPGs and handling chargeback requests.Responsible for managing team looking after reconciliation and reporting of incoming Cash Receipts, Cheques, Pay Orders and direct Bank Transfers from Air Sial’s own Sales Counters and Sales Agents. Ensuring correct accounting of all receipts and returned cheques.Responsible for assigning Credit Limits to Sales Agents in Air Sial’s PSS upon confirmation of payments received.Regularly coordinating with IT regarding system bugs and updates to PSS according to the changing environment and company / statutory requirements.Preparing monthly Bank Reconciliation data for centralized Collection Account.Preparing monthly JVs for Accounting section to incorporate Sales, Receivables and Revenue along with their related items, taxes and expenses.Ensuring timely provision of MIS reports regarding Sales, Receivables and Revenue, including standard monthly as well as ad-hoc analytical reports.

Karachi, Pakistan

• Managing activities of more than 60 team members of Passenger Revenue Accounting, presently working on various modules of RAPID Revenue Accounting System (such as Sales Processing, Flown (Lift) Processing, Interline Payable and Receivables Processing) & Oracle-based ERP, to ensure timely reporting and recording of transactions, timely financial month closing and smooth functioning of business operations. • Review of monthly financial reporting of Sales, Receivables & Revenue to ensure efficiency and effectiveness• Project Team Lead for implementation of RAPID Revenue Accounting System by Mercator Solutions (now Accelya) in PIA. Responsible for coordination/liaison with Mercator’s Implementation Team and leading PIA team involved in all implementation stages including Process Study, Accounts Mapping, Team Formulation & Training, UAT & Go-Live• Simultaneously worked as Team Lead for Accounts Receivable Module during implementation of Oracle-based ERP in PIA. Responsible for Change Management, Formulation & continuous update of SOPs, End-User training/mentoring• Review MIS generated from RAPID built-in reports as well as through RAPID Analytics tool and ERP custom-built reports for submission to higher management• Perform continuous assessment of the close process and suggest process re-engineering to reduce the time to close the financial period • Manage communications with external auditors on financial reporting and accounting issues to ensure auditor agreement with company decisions. Facilitate the half-yearly reviews and year-end audit• Liaison with internal stakeholders for various mutual functions / ad-hoc projects / formulation of policies

Karachi

• Project Team Lead for implementation of RAPID Revenue Accounting System by Mercator Solutions (now Accelya) in PIA. Responsible for coordination/liaison with Mercator’s Implementation Team and leading PIA team involved in all implementation stages including Process Study, Accounts Mapping, Team Formulation & Training, UAT & Go-Live• Simultaneously worked as Team Lead for Accounts Receivable Module during implementation of Oracle-based ERP in PIA. Responsible for Change Management, Formulation & continuous update of SOPs, End-User training/mentoring• Managing activities of more than 40 team members of Passenger & Cargo Revenue Accounting, presently working on RAPID & ERP, to ensure timely month closing and smooth functioning of business operations. Review of monthly financial reporting of Sales, Receivables & Revenue figures• Review MIS generated from RAPID built-in reports as well as through RAPID Analytics tool and ERP custom-built reports for submission to higher management• Manage communications with external auditors on financial reporting and accounting issues to ensure auditor agreement with company decisions. Facilitate the half-yearly reviews and year-end audit

Karachi

• Overseeing activities of Passenger Revenue staff and review of monthly financial reporting to ensure efficiency and effectiveness• Identify and resolve financial reporting and credit control issues being faced by finance managers across the airline’s domestic & international network to ensure smooth functioning of operations• Review financial reporting and credit control related MIS generated as per management’s requirement or according to the needs of other internal / external stakeholders prior to submission• Review and update standard operating procedures and identify improvements for efficiency and internal controls• Perform continuous assessment of the close process and process re-engineering to reduce the timing to close the financial period• Regular coordination with all stations for adopting and implementing system improvements / new systems for financial /revenue accounting with the help of IT• Support month-end and year-end closing activities• Manage communications with external auditors on financial reporting and accounting issues to ensure auditor agreement with company decisions• Assist in the coordination of annual audit and half-yearly review activities of external auditors as well as support periodic station-level review activities of internal auditors across the network• Participate in other projects as required by management

Karachi

• Scrutiny & Reconciliation of accounting figures related to passenger revenue in coordination with all stations selling in PIA network as well as other departments before preparation of General Ledger every month, identifying differences and advising corrective action to the stations• Regular coordination with all stations for adopting and implementing system improvements/new systems for financial/revenue accounting with the help of IT for system automation• Storage & management of financial accounting data (station reports as well as General Ledger) kept in local databases updated monthly• Providing various analytic/historic MIS reports regarding Revenue/Sales to top management based on the management’s information needs• Reconciling Domestic (PK) BSP Agent Sales figures with IATA-BSP and disseminating BSP sales info. to PIA Domestic Stations to be included in Monthly Revenue Reports• Reconciling Revenue Figures between Marketing & Finance Departments, Correction of discrepancies, Reasoning for differences• Recording provisional sales (missing for the month or prior) received from stations on monthly basis to be included in GL• Analysis, establishment, updating & dissemination of various SOPs for Passenger Revenue Accounting to all concerned

Master Of Business Administration - Mba, Finance, Mis, Cgpa 3.19

Activities and Societies: Elected treasurer of student body (BITS Club) Member of various societies

Bachelor Of Business Administration - Bba, Finance / Mis, Cgpa 3.14

High School, Pre-Engineering, A

Activities and Societies: Member of various societies including Dramatics & Sports