Bilal Ahmed Email and Phone Number
Bilal Ahmed personal email
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Experienced financial strategist with a track record of over 8 years in advanced financial analysis, strategic management accounting, dynamic management reporting, and astute corporate finance. Demonstrated mitigating business risks, optimizing processes, and enhancing operational frameworks. Proficient in driving profitability, influencing pricing strategies, and ensuring a strong financial foundation. Possesses a deep understanding of contemporary financial paradigms and essential tools for promoting operational efficiency and uniformity across diverse business sectors. Committed to identifying and executing ongoing enhancements within managed functions. Exceptional proficiency in leveraging information technology for financial excellence.Key achievements:Starting a medium sized company from scratch, designing all controls and helping management in financial policy making that helped the company to turn its negative equity to positive in a matter of 3 years and reporting a consistent YOY 30-40%% increase in profit.Implementing legal and taxation policies of a company and having strong compliance of tax and corporate laws. Regular filing of returns to avoid any kind of legal non compliance. Handling tax department notices and avoiding a penalty of PKR 1 billion that was erroneously charged to the company by tax department.Implementing ERP system in a manufacturing startup and then successfully running it and training all the relevant personals. This gave me the opportunity to dive deep into the ERP system and understand it. It not only helped in building a strong understanding of ERP systems but also building a solid understanding of internal controls, risk analysis and accounting and financial concepts.
Prisma Tech Pvt Limited
View- Website:
- prismatech.com.pk
- Employees:
- 18
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Assistant Manager Accounts And FinancePrisma Tech Pvt LimitedLahore, Pk -
Assistant Manager Accounts & FinancePrisma Tech Pvt Limited Jan 2024 - PresentLahore, Punjab, Pakistan -
Finance ExecutivePrisma Tech Pvt Limited Jun 2018 - Dec 2023Lahore District, Punjab, PakistanPrisma Tech (Pvt) Ltd was incorporated in Pakistan in 2017 and the only manufacturer of Solid Surface Material in Pakistan to date. My major responsibilities are as under• Managing a team of finance professionals including managers & non-managers to ensure smooth operations & planning of all aspects.• Successful implementation of ERP (Microsoft AX dynamics & Odoo) throughout the entity & ensure smooth running & supervision of the ERP system.• Developed & implemented CAPEX plans that contributed to managing the liquidity of the company.• Provided tax & corporate advisory services to management, ensuring compliance with all applicable regulations in timely manner including return filings & responding to department notices.• Liaised with external auditors (KPMG) for conduct of audits. Also handling of all internal audits.• Preparing monthly and annual accounts and profit statements for BOD review and annual audit.• Determined the costing of outputs & worked out per unit costs and contribution margin and facilitated management with decision making & informed pricing changes. Also managed & planned the imports of goods, working out landed costs.• Prepared budgets & calculating variances periodically.• Made periodical reports for management and analyzed the business environment and formulated plans to bridge any gaps.• Conducted monthly stock takes & calculated waste, helping management to gain better control over stocks & reduce wastage. -
Accounts ManagerKhareed Nov 2016 - Jul 2017Lahore, PakistanKhareed is a cloud-based e-procurement and spend management platform covering the entire procure to pay cycle. My major responsibilities were as under:• Managed the accounts department on QuickBooks, ensuring that all accounting and finance functions were executed efficiently and effectively.• Generated timely and accurate easy to understand management reports, including cash flow statements, financial highlights, and budgets. Made financial analyses for making informed decisions about capital expenditures (capex), operating expenses (opex), and budgeting.• Made annual accounts for auditors.• Made investment sheet for management to keep track of the investment done in the startup and helped to monitor the budget and variance analysis.• Handled all tax and legal matters for the company, including preparation of tax returns and compliance with tax laws. Also handled routine administrative issues, such as managing petty cash and filing paperwork. -
Reporting & Compliance OfficerMaaksons (Pvt) Ltd Jun 2015 - Dec 2015LahoreMAAKSONS (Pvt) Ltd is engaged in construction business having projects in major cities of Paksitan as well as abroad. My responsibilities were as under:• Managed the accounts department at site offices, ensuring that all accounting and finance functions were performed efficiently and effectively and reporting to management on the status of expenses, income, stock, liabilities and assets.• Enhanced and upgraded the system for better reporting and presentation and assisted in managing the store.• Produced periodical accounts and cash flows that showed head wise expenditures and receipts.• Prepared periodical liability sheet that showed party wise receipts, payments, liability, and advances given.• Reported on the work done by subcontractors, including recording all the material used and reconciling it.• Strengthened the system by improving the internal controls for all departments & doing periodical checks.• Checked compliance with corporate and tax laws and reported on tax status of parties and the tax liability due.• Conducted regular reconciliations of different items with each other and took help of other departments to synchronize them by discussing different reports to bring out any discrepancies.• Audited the ‘Signal Free Corridor, ISB’ and reported the discrepancies as well as recommended steps for the improvement of the system. -
Internal AuditorGhazi Fabrics International Jan 2013 - Aug 2013LahoreGhazi Fabrics International Ltd is engaged in textile manufacturing, production of cotton and P.C. yarn and grey cloth that are marketed both within and outside Pakistan. My responsibilities were as under:• Completed all phases of the internal audit, including planning, execution, and reporting. Compliance checking with management policies and procedures and analyzed various reports generated through Oracle-based MIS.• Followed up on outstanding audit issues and validated the effectiveness of action plans formulated in response to audit recommendations.• Conducted post-audits of sales and pre-audits of payments including to government and financial institutions.• Established and reviewed standard operating procedures (SOPs) of all departments for updates or changes.• Carried out random visits of the site for compliance check and compiled concise reports about each visit.• Auditing the procedures involved in yarn and cotton procurement, and regularly verified raw material, work in process, and finished goods inventory. Determined the adequacy and effectiveness of internal controls.• Prepared for top management a monthly salaries and wages analysis report, which included an analysis of current month salaries with budgeted and previous month salaries, including an employee turnover report. -
Senior AuditorRehman Sarfaraz Rahim Iqbal Rafiq Chartered Accountant, Member Firm Of Russel Bradford International Apr 2012 - Dec 2012Lahore, Pakistan- Developed financial audit plans in accordance with International Standard on Auditing (ISA’s) of various organizations & involved in time budgeting, mobilization of engagement teams, preliminary risk assessments & reviewed accounting & internal control systems development of an independent expectation of company's financial performance.- Ensured compliance with applicable statute & International Financial Reporting Standards (IFRS). Evaluated internal control systems, identified control weaknesses and suggested appropriate recommendations to the management.- Drafted initial planning memos, control mapping and documentation of risk-control matrix and performed assigned audit testing as outlined in the audit program and concluded it on the effectiveness of controls.- Prepared audit plans, management letters, reports, audit programs and evaluated test of controls and analysis of financial statements.- Participated in preparation of budgets, corporate engagements, operational policies and procedures.- Conducted audits in EDP and ERP (Oracle Financial), analysis of accounting operations, financial statements and compared actual financial performance with budgets and prior years and explained variances.- Engaged with following clients: Textile: Blessed Textile Limited-Annual audit (Worked on Oracle/ERP); Mayfair Limited-Annual audit (Worked on SAP) Miscellaneous First Elite Capital Modarba-Stock take -
Senior AuditorHameed Khan & Co. Chartered Accountants, Member Firm Of Kingston Sorel International Feb 2009 - Apr 2012Lahore, PakistanScope of work was same as in Rehman Sarfaraz Rahim Iqbal Rafiq, Chartered Accountants.- Engaged with following clients:Annual & Interim Audits:Punjab Irrigation System Improvement Project (A project of world bank) ; Heavy Mechanical Complex (Pvt) Ltd (Worked on Oracle/ERP); Al-Technique Corporation of Pakistan Ltd (A project of Pakistan Atomic Energy Commission); Punjab Mineral Development Corporation; Punjab Information Technology Board;Chakwal Spinning Mills (Worked on Oracle/ERP); Comfort Textile (Pvt.) Ltd; Punjab Cotton Mills Ltd; Yousaf Weaving Mills (Worked on Oracle/ERP); Kohinoor Spinning Mills (Worked on Oracle/ERP); Olympia Oils (Pvt.) Ltd; M.R Securities (SMC-Pvt.) LtdMiscellaneous Assignments (Stock take, provident fund & system audit)SYSTRA Pakistan (Lahore Rapid Mass Transit System); Rohri Cement Factory (Pvt.) Ltd; The Cooperative Insurance Society of Pakistan Limited; Credit Insurance Company Ltd; Chakwal Grammar School/College; Jinnah Public School; Sitara CNG station; Pakistan Electric Company (PECO); National Fertilizer Company; Pakistan Mineral Development Corporation(Khewra,Warcha); FNE Securities (Stock exchange member); Saliha Haroon (Stock exchange member); Children Hospital Pharmacy; National Book Foundation
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VolunteerCall For Rise Welfare Society Jan 2006 - Dec 2007LahoreCFR is a non-profit organization that engages in different charity projects and helps the needy. I have been a volunteer and have helped out in carrying it's activities and also have been engaged in it's advisory committee.
Bilal Ahmed Skills
Bilal Ahmed Education Details
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Pakistan International School, Riyadh, KsaHigher Secondary School Certificate
Frequently Asked Questions about Bilal Ahmed
What company does Bilal Ahmed work for?
Bilal Ahmed works for Prisma Tech Pvt Limited
What is Bilal Ahmed's role at the current company?
Bilal Ahmed's current role is Assistant Manager Accounts and Finance.
What is Bilal Ahmed's email address?
Bilal Ahmed's email address is fe****@****ail.com
What schools did Bilal Ahmed attend?
Bilal Ahmed attended The Institute Of Chartered Accountants Of Pakistan, Pakistan International School, Riyadh, Ksa.
What skills is Bilal Ahmed known for?
Bilal Ahmed has skills like Auditing, Accounting, Internal Audit, External Audit, Internal Controls, Management, Financial Reporting, Financial Analysis, Microsoft Excel, Management Accounting, Budgeting, Financial Management Experience.
Who are Bilal Ahmed's colleagues?
Bilal Ahmed's colleagues are Ahsan Ilyas, Malik Mursaleen, Muzammil Saleem, Khurram Javaid, Shaiq Hussain, Mahmood Ahmad Khan, Imran Quddus.
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2applusvelosi.com, hotmail.com
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BILAL AHMED
Data Expert With Extensive Experience In Data Engineering, Database Design, Database Performance Optimization, Development.Lahore District -
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Bilal Ahmed
Executive People & Culture At Nisum | Technical Recruiter | Talent Aquisition | Employer Branding | Hr Operations | Resource ManagementKarāchi
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