Muhammad Asif, Aca, Fcca

Muhammad Asif, Aca, Fcca Email and Phone Number

Muhammad Asif, Aca, Fcca's Location
Dammam, Eastern, Saudi Arabia, Saudi Arabia
Muhammad Asif, Aca, Fcca's Contact Details

Muhammad Asif, Aca, Fcca work email

Muhammad Asif, Aca, Fcca personal email

About Muhammad Asif, Aca, Fcca

A dynamic Finance Professional with in-depth business acumen, having more than sixteen years of diversified leadership and teamwork experience in strategic planning and execution, financial reporting and analysis, budgeting & forecasting, end-to-end SAP and D365 implementations and support, process improvement and automation, mergers and acquisitions, taxation and regulatory compliance, controlling, costing & factory management, financial project management, working capital management & financing and treasury & payables management.

Muhammad Asif, Aca, Fcca's Current Company Details
MEEM (Middle East Electrical Motors Factory Company)

Meem (Middle East Electrical Motors Factory Company)

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Business Finance Lead
Website:
teco-me.com
Employees:
158
Muhammad Asif, Aca, Fcca Work Experience Details
  • Meem (Middle East Electrical Motors Factory Company)
    Business Finance Lead
    Meem (Middle East Electrical Motors Factory Company)
  • Meem
    Lead Financial Analyst
    Meem Jun 2022 - Present
    Dammam, Eastern, Saudi Arabia
    - Financial Planning & Analysis- Process improvement and automation- End-to-end D365 implementation and support- Power BI based operational and functional reporting- Local content, iktva and other regulatory compliance- Supervision of and liaison with multiple business unit and group accounting teams- Treasury and trade finance management
  • Sante (Private) Limited
    Senior Manager Finance
    Sante (Private) Limited Jan 2021 - Jun 2022
    Karāchi, Sindh, Pakistan
    Professional Achievements:Being a business lead successfully implemented SAP S/4 HANA at Sante. This timely implementation involved end-to-end tasks including selection of right ERP, implementation partner and standardization & redesigning of processes. Implemented modules included FI, CO, MM, PP, QM and PM.▪ Revamped costing mechanism to align it with industry and best practices. It involved designing of costing processes from scratch and catering idle capacity wherever necessary.▪ Successfully implemented Harmony HCM module and integrated it with SAP.▪ Finalized end-to-end toll manufacturing arrangement for another pharma company. This included competitive analysis, capacity evaluation, CAPEX requirement appraisal, suggestion of toll rate, agreement finalization etc.▪ Changed financial year of the company with tax authorities to better align it with IMS reporting.▪ Redesigned monthly reporting package to better reflect in-market v/s to market sales, change in stock at distributor, segmentation of different types of sales and discounts, profitability of institutional business and sub classification of cost of sales and inventory.▪ Over the course of five years of development of manufacturing project of Sante, managed capital budgets, co-ordinated with contractors and consultants, managed inward & outward remittances, equity contribution requirements, bank repayments and machinery imports.▪ Got approved various financing facilities, decreased spread and vacated substantial charge on assets.▪ Integrated SAP automated payment system with online bank payment system.▪ Formulated various policies such as discount and credit policy, incentive policy, bike monetization policy etc.▪ Have successfully handled various tax notices, show causes etc. and amicably closed the matters with tax authorities.▪ Did one-off project of advising on listing in Pakistan Stock Exchange.▪ Presented and got approved feasibility of a Business Division.
  • Sante (Private) Limited
    Manager Financial Planning & Reporting
    Sante (Private) Limited Jul 2008 - Dec 2020
    Karachi
    Working on a senior management position, I am second in command to CFO, managing a team of several finance professionals, and responsible for major finance functions. My key deliverables in Sante have been: -Financial analysis and future projections of all company operations along with direct advice to top management on making key strategic decisions. This includes development and presentation of complete annual Budget, half-year Forecast, and Financial Strat plan and development and presentation of monthly financial reporting package.-Finalization of key contract manufacturing arrangements along with modalities such as competitive analysis, capacity evaluation, CAPEX requirement appraisal, suggestion of toll rate, agreement finalization etc.-Management of financial relationships with key business partners such as distributors, suppliers and customers. This includes agreements finalization/renewals and management of financial business operations.-Development of key organizational policies such as incentives, discount and credit, vehicle monetization, Vehicle entitlement, and other HR policies having financial implications.-Preparation of statutory accounts and management of external audit.-Supervision of complete corporate taxation including income tax, sales tax, provincial taxes, and dealing with tax authorities and other regulatory bodies.-Supervision of product costing, variance analysis, inventory management, factory management, capacity utilization along with facilitation of inventory planning and procurement process.-Supervision of SAP S/4 HANA and liaison with the consultant for smooth functioning of ERP.-Dealing with banks for all matters related to conventional and Islamic financing facilities including operations, exports, imports, foreign loans & repatriation, leasing, renewals as well as new financing facilities.-Supervision of team undertaking cash planning, treasury & payables, payroll & provident fund, fixed assets, leasing and insurance.
  • Pakistan State Oil
    Internee
    Pakistan State Oil Dec 2007 - Jan 2008
    Karachi
    Worked in risk management section.
  • Sante (Private) Limited
    Internee
    Sante (Private) Limited Jun 2007 - Jul 2007
    Karachi
    Worked in cost accounting section.
  • Atlas Honda Ltd
    Internee
    Atlas Honda Ltd Dec 2006 - Jan 2007
    Karachi
    Worked in payroll and general ledger section.
  • Soneri Bank Limited
    Internee
    Soneri Bank Limited Jun 2006 - Jul 2006
    Karachi
    Worked in advances and clearing section

Muhammad Asif, Aca, Fcca Skills

Accounting Finance Payroll Management Budgets Forecasting Accounts Payable Cash Flow Analysis Working Capital Management Cash Flow Forecasting Project Management Leasing Taxations Banking Factory Management Product Costing Cost Variance Analysis Corporate Budgeting Team Management Financial Reporting Cost Accounting Variance Analysis Leadership Budgeting Analytical Skills Account Reconciliation

Muhammad Asif, Aca, Fcca Education Details

Frequently Asked Questions about Muhammad Asif, Aca, Fcca

What company does Muhammad Asif, Aca, Fcca work for?

Muhammad Asif, Aca, Fcca works for Meem (Middle East Electrical Motors Factory Company)

What is Muhammad Asif, Aca, Fcca's role at the current company?

Muhammad Asif, Aca, Fcca's current role is Business Finance Lead.

What is Muhammad Asif, Aca, Fcca's email address?

Muhammad Asif, Aca, Fcca's email address is it****@****ail.com

What schools did Muhammad Asif, Aca, Fcca attend?

Muhammad Asif, Aca, Fcca attended Icaew, Acca, Karachi University Business School (Kubs), Karachi University Business School (Kubs), Adamjee Govt. Science College, St. Lawrence Secondary School.

What are some of Muhammad Asif, Aca, Fcca's interests?

Muhammad Asif, Aca, Fcca has interest in Playing Table Tennis And Watching Movies.

What skills is Muhammad Asif, Aca, Fcca known for?

Muhammad Asif, Aca, Fcca has skills like Accounting, Finance, Payroll, Management, Budgets, Forecasting, Accounts Payable, Cash Flow, Analysis, Working Capital Management, Cash Flow Forecasting, Project Management.

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