Majid Latif, Fcma Email & Phone Number

Islamabad, Pk

Pakistan

Develop financial model of 3 to 5 years after incorporation of business initiatives into financial business plan.Prepare in depth analysis of business results, translate the reported financial results into actionable information for the BAC (Board Audit Committee) & BOD.Identify areas of process improvement in partnership with all relevant stakeholder group on an ongoing basis.Preparation of rolling forecast which include both Capex and Opex along with analysis and upcoming initiatives to be incorporated in financial projection.Perform variance analysis comparing actual results to budget/forecast, providing meaningful commentary to management on its performance and prepare agenda for BAC & BOD.Gather budget proposal from each division and compilation of Master budget in Oracle Hyperion Module.Continuous enhance the management reporting package, provide in-depth analysis based on the evolving needs of business. Proactively monitor P&L risks and opportunities, monitor business trends and provide recommendation to management.Implementation of IFRS-09 & Calculation of ECL on quarterly basis.Develop Business Requirement document for Automation of IFRS-09 in the system.Detail knowledge of Probability of Default (PD), Loss given default (LGD) and Exposure at Default (EAD).Liaison with different stakeholders for compilation of data for IFRS-09.Provide data required by different stakeholders regarding IFRS-09.Preparation of quarterly Director’s Report with detail analysis of financial statement of the bank.Prepare Cost of Deposit and effective profit/Cost of fund on quarterly basis.Ad-hoc tasks related to special assignment (Credit Rating, Profit Rates Declaration).

Lahore, Pakistan

Preparation of Budget & Business Plan after Coordination with the business team of the CompanyPreparation of financial statements for senior management in compliance with IAS & IFRS framework.Overseeing monthly closing and reporting activity and reporting to senior management within due time.Lead the ERP Implementation assignment with consultant and mapping the business processes as per standard practice.

Lahore

Provide functional consultancy services by acting as a subject matter expert and lead the assignment Local & international Clients. Identify the functionality gap and develop solution for client.Configure the oracle application to meet the client requirement and prepare the setup document in oracle tutor.Define testing scenarios and develop test scripts as required.Write business requirement documents for reports, data conversion application set-up.Develop end user training manual in the form of UPK.

Faisalabad

Providing and interpreting financial information for higher management.Maintain fixed assets register of plant and retail outlets.Efficiently manage and maintain all aspects of accounting including the Preparation of daily & monthly accounting figures.Prepare monthly, quarterly and annual financial statements in Compliance with corporate laws and accounting standards IFRS.Liaising with auditors to ensure annual monitoring is carried out.Managing external relationships with appropriate contacts e.g. auditors, solicitors, bankers and statutory organizations.Analyze costing, budgeting, planning and financial information about the company and give the recommendation to director.Be able to supervise team of people and have strong communication and interpersonal skills

Faisalabad

Preparation of Monthly budgets for company and calculate varianceAnalysis as compared to actual results;Analyze and allocate price and usage variance on monthly basis and give the recommendation to director. Prepare monthly financial statements of the Company.Calculation Post Shipment Costing of Fabrics & Made-ups and give the recommendations to Directors.Calculate Break Even of CMT Department and give the target to Production & PPC Department to achieve the desired results.Maintain Inventory Stock of more than 400 Millions and manage the inventory turnover as compared to Export of the Company.Detailed analysis of Net worth position of whole group and give the recommendation to the management of the Company. Preparation of weekly & Daily reports floor wise of production department and compare with monthly accounts.Risks are appropriately identified and managed.Participate on committees or engage in other consultative contact to provide information and advice to management.Evaluate how business processes accomplish Company objectives and identify ways to improve those processes.Interaction with various constituents occurs as needed.Resources are acquired and used in a reasonably economical and efficient manner, and are adequately protected.

Karachi

Worked as an Assistant Manager ERP & Project Coordinator in Implementation of Oracle EBS R12.Document existing business processes, and lead the team through ERP System selection.Ensure pre-implementation training, data preparation, and preparation of the project plan.Manage the project team and plan project activities throughout implementation cycle.Coordinate project events with external consultants and internal business units, ensuring configuration reflects the needs of the business units.Maintain project records, report and communicate on project implementation, training and documentationPlan and oversee the entire ERP implementation cycle, ensuring that the delivery of the ERP System is on time, on budget and within scope.Ensure migration of historical / legacy data.Lead the testing team, organize end-user training and provide post-implementation support. Ensure ERP System is operating post-implementation, providing ongoing support where necessary.Ensure training manuals are made available and kept up-to-date along with any other documentation.Any other work assigned by the seniors

Faisalabad

Keep all the books of Accounts of the Branch meticulously.Maintain and reconcile Bank accountsResponsible for receipts and payments;Maintain the Petty Cash of the Branch and disburse amounts as required.To ensure that all payments are made in line with the contracts entered and strictly as per agreed terms and conditions.Coordinate with the Customer Relations for payments received and correct documentation.Tracking and maintaining post dated cheques.Calculate variance analysis.Administration of Branch Office;Execute any other tasks and responsibilities assigned by Director.