Mr. Masaud Akhtar was started his career in 1992 as Accounts Assistant from a construction organization (ACE). After 4-years experience; he got Job in a Singapore based multi-national Company (Petrosin) as Accounts Executive. In this organization; he was deployed as ERP development Team member (FICO) of Pakistan and worked under the Indian Chartered Accountant to develop an ERP system to handle the business in seven different countries of the world.In 2000! He started consultancy to… Show more Mr. Masaud Akhtar was started his career in 1992 as Accounts Assistant from a construction organization (ACE). After 4-years experience; he got Job in a Singapore based multi-national Company (Petrosin) as Accounts Executive. In this organization; he was deployed as ERP development Team member (FICO) of Pakistan and worked under the Indian Chartered Accountant to develop an ERP system to handle the business in seven different countries of the world.In 2000! He started consultancy to software houses and large-scale organizations along with professional Job as a Chief Financial officer cum ERP Architect. He provided ACCOUNTANCY and ERP professional services to a variety of organizations/ Group of Organizations as Construction, Manufacturing, Processing, Weaving, Dying, Stitching, Trading, Retail Chain, Micro Finance, Defense and Software Houses.He also designed & up-graded various ERPs covering all areas of the business & Business Intelligence (BI) for live management reports at single click of Mouse & Screen. Implemented and used high-profile ERPs as SAP, ORACLE EBS 12R, MS Dynamics GP, CORE 8.1 and various local Customized ERPs.In 2010! He started software-house named as “IBS” and introduced an international standard ERP System with trade mark as “Bless-one”. Recently; He has designed high profile ERP system for Pakistan Ordinance Factories (POF)- Texila, which was the most complex environment of Pakistani-Industry.He has also converted sick units into profitable one by using advanced technology and special techniques for HR management. Now he is committed to take ownership of responsibilities for business management and ERP Solutions. Show less

GROUP OF COMPANIES:1- Weaving of Special Fabrics 2- Cut to Pack Stitching Unit of Sports Wear/ Body Protections 3- Embroidery 4- Printing on Fabric/ Garments (Sublimation) 5- Mfg. of Shoes 6- Mfg. of Polythene Bags. 7- Retail ChainMAJOR RESPONSIBILITIES: Introduced Professional Financial Modeling to promote the process improvement with revision in base documents, Accounting standard Operating Procedures (SOPs) and computerized book-keeping system. Implemented best industry… Show more GROUP OF COMPANIES:1- Weaving of Special Fabrics 2- Cut to Pack Stitching Unit of Sports Wear/ Body Protections 3- Embroidery 4- Printing on Fabric/ Garments (Sublimation) 5- Mfg. of Shoes 6- Mfg. of Polythene Bags. 7- Retail ChainMAJOR RESPONSIBILITIES: Introduced Professional Financial Modeling to promote the process improvement with revision in base documents, Accounting standard Operating Procedures (SOPs) and computerized book-keeping system. Implemented best industry practices for company operations.  Made full transparency over financial performance of the company. Mentored to all departments of the organization for Clear, fast & effective communication. Controlled the product cost and operational leakages for maximum profitability. Converted sick environment in to healthy one for profitability and strategic planning. Supervised to different departments of the company as GGT, Import & Export, Procurement, Stores, Merchandize, Time & Motion study, HR & Payroll, Point of Sales and associated/ sister companies of the Group. Maintained in-depth relations with management team to achieve the maximum efficiency for business operations.  Monitor Risk Management issues of the company as open Legal Issues, Compliance, regulatory requirements & relationship with institutions. Ensured the record keeping requirements for different departments & government agencies.  Established good relations with Bankers and investors. Dealing with banks for Bank Loans, import/ Export L/C, Bank Guarantees, Forward Booking of FC etc. Monitored Running Finance, ERF Part-I, ERF Part-II & non-funded limits with Banks. Designed & controlled real time management & Functional Level Dash-Boards. Worked with very close to the Group Chairman.ACHIEVEMEMENT: Replaced SAP-B1 ERP & Saved more than 20-Millions with advanced ERP than SAP. Increased Exchange Gain of foreign currencies. Controlled the leakages in different departments of the organization. Show less

 Feasibility of the business at 3000-4500/pieces per day.  Independently operated the business by controlling all departments of the organization.  Prepared various financial reports for management review as management Accounts in accordance with IFRS (International Financial Reporting Standards), Payables, Receivables, Stocks, Production analysis, Profit Centre, Cost Centre and department wise reports etc. Business Analysis, ERP Designed, developed and implemented for… Show more  Feasibility of the business at 3000-4500/pieces per day.  Independently operated the business by controlling all departments of the organization.  Prepared various financial reports for management review as management Accounts in accordance with IFRS (International Financial Reporting Standards), Payables, Receivables, Stocks, Production analysis, Profit Centre, Cost Centre and department wise reports etc. Business Analysis, ERP Designed, developed and implemented for real time information to management. Supervised computerized book keeping system and mentored the staff.  Prepared documents and Standard Operating Procedures (SOPs) to control the financial data, fast communication of information across the different departments of the organization. Monthly Funds forecasting and planning. Prepared projected Profit & (Loss) Account with BOM, Procurement Plans and Funds forecasting against matured orders. Variance analysis of Projected P & (L) with actual. Variance analysis of various Production Overheads, SMV and per piece cost. Calculated Landed cost of various import items. Arranged Credit facilities with Conventional & Islamic banks and maintenance of records. Handled L/Cs. Export proceeds and other bank matters. Managed forward booking of Foreign Currencies to get maximum Exchange gain. Supervised staff salaries, statutory dues and income tax. Handled Corporate taxation and coordination with Chartered Accountant Firm for finalization of Annual Tax Return & Accounts.  Conducted internal audits of Purchase, Cash, Imprest and Stores. Worked very closely with Chairman and Director Operation.ACHIEVEMENT: Saved money more than 3-Millions in ERP. Increased Exchange Gain of foreign currencies from Rs. 0.3-Millions to 18-Millions per annual. Reduced Landed cost by Rs.2.50 – 4.00 per Dollar. Reduced the Cost of Sales up to 4-6% by controlling the leakages. Cash Awards & Laptop on developing a Professional Environment Show less

MAJOR RESPONSIBILITIES: Joint this company at very early stage of startup. Created and established complete corporate architecture for start-up. Designed and implemented all Standard Operating procedures, developed long-term business plans. Designed and developed advanced ERP to handle the complete business life cycle. ERP contains main modules as Accounts, Payable, Receivable, Inventory, Weaving, Dying/ Processing, Forecasting & Planning. Provided all management… Show more MAJOR RESPONSIBILITIES: Joint this company at very early stage of startup. Created and established complete corporate architecture for start-up. Designed and implemented all Standard Operating procedures, developed long-term business plans. Designed and developed advanced ERP to handle the complete business life cycle. ERP contains main modules as Accounts, Payable, Receivable, Inventory, Weaving, Dying/ Processing, Forecasting & Planning. Provided all management reports as Balance Sheet, Profit & (Loss) Account, Cash Flow Statements, Material consumption reports & analysis, Payables, Receivables, stocks, banks etc. via web using local server (Intranet). Monthly Sales Tax Returns, Sales Tax Audits and reply to queries from sales tax Dept. Bank reconciliations and bank dealings. Reconciliation of Multi-company accounts. Preparation of Staff salaries and income tax returns. Handled L/Cs. for export orders as well as local L/Cs for procurement. Handled Standardized Purchase Orders (SPOs.). Worked very closely with CEO and Group Chairman.ACHIEVEMENTS: Developed ERP in only Rs. 150,000 & saved about Rs. 1.5-Millions. Prepared and Implemented Standard Operating Procedures to operate the business. Introduced strong Professional environment to avoid leakages. Show less

 Joint this Multi-national company at very early stage of startup. Member of ERP development team to handle the business in different countries of the world. Worked with Indian IT professionals to make the paper free environment and learnt very unique techniques for Software development. Handled Imprest Accounts at different projects. Filed Income tax returns for Staff and suppliers/ sub-contractors.  Conducted audits of different projects for site imprest and… Show more  Joint this Multi-national company at very early stage of startup. Member of ERP development team to handle the business in different countries of the world. Worked with Indian IT professionals to make the paper free environment and learnt very unique techniques for Software development. Handled Imprest Accounts at different projects. Filed Income tax returns for Staff and suppliers/ sub-contractors.  Conducted audits of different projects for site imprest and stores. Variance analysis of Project, Profit Centre and department wise expenses with budget. Helped to Manager Accounts to prepare budgets, Annual Audits and other tasks assigned by the management. Bank Dealings and documentation for Islamic Banking. Processed and journalized Suppliers/ sub-contractors bills, staff TA/DA bills. Worked under very high pressure and in well-disciplined environment. Show less