Malik Abbas Email & Phone Number

Pakistan

Lahore, Pakistan

Lahore

Dairy Project total funding is US $ 21.00 million, for training of 50,000 poor farmers/AIT's/WLEW for increase of their income, Project is funded by US AID, Responsible for Accurate funds forecasting, Funds availability, Accurate spending according to work plans/ Agreement, Timely financial Reporting to US AID. Asset / Insurance Management, Arrange external audits. supervision of eleven training camps spending in Pakistan and at PMU. Accounting in integrated accounting software, Cordial Relationship with bankers, Budgeting and variance analysis. Gone through processes from pre Award assessment, financial extension, period extension, project close out activities, Achieved Five consecutive years with Zero Questioned cost Audit. Posted in project as Key staff on deputation from Nestle Pakistan Ltd for five years.

Lahore Pakistan

Worked with Nestle Milk Collection & Dairy Development section, responsible for:Financial controlling for Nestle Dairy Farms and Farmer training centers, monthly farm economics, Farmer bank loans and good relationship with bankers. Monthly payment to banks and insurance company. Update dairy farm performance.Also responsible for Finance & Controls for Nestle / Swiss Development Corporation Project for Flood Relief & Rehabilitation Project and Women Livestock & Extension Workers (WLEW)

Lahore, Pakistan

Lahore Pakistan

Worked with UNDP on deputation from Nestle, responsible for Cash Management, Insurance, Accounting, Assets Management, Audit arrangements and reporting to UNDP. There was NO Finding in final audit report.

Head Office

Performed as Senior Internal Auditor (Team Leader). Design check lists for various business operational areas, lead audit teams and conducted operational audits e.g. Sales, Milk Collection & Agri Services, Projects, Factories, Import, Administration, investigations, Co- Packer, Advertising Agencies.Finalize Audit Reports and conduct final meeting with concerned Line Managers and gets final comments at the end of report. Present audit reports summery to the Senior Manager. Training to new auditors.

Head Office

Cash Management of PKR 20 billion in 2004, responsible for Daily Fund Flow, Cash Forecast, Payments, Collection, Export collection and Import payments, Export Refinance, local /foreign dividend payments, Royalty & Technical fee, Monthly Treasury Report along with next four months funds forecast to Market /Head Quarter - Switzerland, Centralization of 325 bank accounts (especially Milk Collection) at the time of SAP implementation, deal with Money Market, Export Refinance, Dealer Finance to help zero day collection from the distributors, Setup of Bank Station in Nestle treasury office, Hedging of funds, supervise mark up computation / bank reconciliations for seven foreign and five local banks at Head office. Handle weekly payment for 20,000 milk farmers about PKR 50 million.Achievement: Managed lowest Financial Cost.

Islamabad

Overall Perform as co pilot with Zonal Sales Manager. Major Functions to ensure timely Sales Collections, Distributor Claims handling, audit of sales schemes, reduction of transit, land other product losses at distributions.To ensure timely collection against daily outstanding from distributors / institutions.To maintain cordial relationship with banks (for collection accounts) .To supervise all distributor reconciliations.Financial Reporting to Head Office.

Head Office

Main responsibilities:Daily Fund flow (nationwide collection / Payment/ Overdraft Limits status / financial) cost and Reporting to Management.Overdraft / Export Refinance, Money Market dealsBank Reconciliations, Vendor PaymentsMark up computationFour months Treasury Forecast and varience report.Loan / Royalty & Technical Fee / Dividend paymentsHedging / Forward booking / LC / CAD

Head Office Lahore

Performed as an Accounts officer, main responsibilities.Supervision of Daily Cash Collection, Credit Sales to institutions i.e. Yummy 36, Vendor Payment Processing, Monthly stock taking at Cold Rooms at Head office and Islamabad, stock taking for stores etc.

Ecam, Agribusiness Management

Master, Business/Commerce, General, 1St

Bachelor Of Commerce (B.Com.), Accounting And Audit

Ecam-Executive Certificate Of Agri Business Management, Agri Business Value Chain