Muhammad Faizan Ali Email & Phone Number
Who is Muhammad Faizan Ali? Overview
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Muhammad Faizan Ali is listed as Head of Treasury and Decentral Ops at Imtiaz, a company with 5091 employees, based in Karāchi, Sindh, Pakistan. AeroLeads shows a matched LinkedIn profile for Muhammad Faizan Ali.
Muhammad Faizan Ali previously worked as Head Of Finance Operations at Burque and Head Of Decenteral Finance at Burque. Muhammad Faizan Ali holds Accounting And Finance, from Acca.
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About Muhammad Faizan Ali
I am a seasoned finance professional with over a decade of experience in finance, compliance and internal controls. My career highlights include implementing and transforming internal controls, leading teams, developing and ensuring compliance with policies and procedures, carrying out finance business partner roles, evaluating overall risk management, and introducing efficiencies in financial reporting and budgeting.As Head of Decentral Finance (Compliance Section) at Burque Corporation (Pvt.) Limited, I am responsible for ensuring the effectiveness of internal controls and compliance with policies and procedures. I work closely with senior management to develop policies, standard operating procedures, and provide assurance regarding the effectiveness of controls. Additionally, I carry out the finance business partner role to commercial within defined SOP and procedures while evaluating overall risk management in due course of business.Prior to my current role, I served as the Manager Finance (Group) at Imtiaz, where I managed a team of over 60 resources of finance, including reporting, inventory, decentral finance, internal controls, and payroll. I also carried out stock audits for the first time in the history of ISM for branches, identified and developed efficiencies and effectiveness in financial reporting, and budgeting.During my tenure as Manager Finance (Trade Payable/Credit Control) at Burque Corporation (Pvt.) Limited, I led four departments over five years, including trade payable, credit control, claims section, and trade offer section, with a total strength of 20+ resources. Additionally, I introduced the receivable function and a weekly reporting pack for CFO & CEO for better visibility on all credit aspects.Before my role at Burque Corporation (Pvt.) Limited, I served as Assistant Manager Finance at Bulls Eye Communication (Pvt.) Limited, where I prepared the final accounts and submitted them for review to senior management, prepared the payroll of Head Office and Regional Office employees with a total strength of 100+, and supervised receivable and payable management for 25+ business partners, including Unilever and Engro Foods.I began my career as an Audit Trainee at Tanzeem & Co, where I performed operational and financial audits to ensure that financial statements were fairly presented in accordance with IAS. I also performed tests of internal controls to ensure effectiveness, prepared reports, commentaries, and financial statements.
Muhammad Faizan Ali's current company
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Muhammad Faizan Ali work experience
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Head Of Finance Operations
Current- Transformed internal controls and assisted management in development of policies and standard operating procedures
- Provided assurance to C-Level Management regarding effectiveness of controls and compliance with policies and procedures
- Sale Office wise P&L and its review with C-Level Management
- Heading Trade Payable and corporate receivable managing 16 businesses.
- Review of feasibilities for new principals which aid higher management for decision making
Head Of Decenteral Finance
Current
Group Finance Manager
- Preparation of overall profit and loss, balance sheet and working capital requirement on monthly, quarterly and annual basis
- Leading inventory department of 52000 plus SKU portfolio.
- Ensure the compliance with the SOPs issued by the head office on the payment mechanism.
- To bring cost saving in the usage of utilities like Diesel/ Electricity at most optimum level through daily fuel monitoring
- Keep tacking the repair and maintenance expense within the approved OPEX and identify / investigate the adverse variance and report to the concerned department for timely corrective measures
- Ensure Three Way’s matching SOP implementation and its ongoing compliance.
Account Manager
- Maintaining master data of all SKUs principal wise and their invoice prices and TP rates with carton and pieces configuration (Reporting and analysis) share last files for reference.
- Branch wise general v/s subsidiary ledgers reconciliation (Controlling and Operations) share last files for highlighted difference.
- Quantitative and value wise stock reconciliation (Opening + Purchases – Sales +- other movement = Closing stock) (Controlling and Operations) share last files for reference.
- Ensure correct weighted average rates are running in system (Controlling and Operations) Pl align current resource to give me some idea.
- Ensure reconciliation of invoicing v/s GRN received in system (knocking of AP accrual account code) involved coordination with AP & IT team (Controlling and Operations).
- Ensure correct purchase orders are being generated into system and if not, correct variances are being posted and reporting of the same to avoid it in future after coordination with sales admin dept. (Controlling and.
Accounts Receivable Manager
Overview: Managing a team of 10 Finance personnel while working on Oracle ERP. Main functions are Credit Management, Sales Accounting, Scheme implementation and GL reconciliation etc and other tasks includes belowSetup and managing receivable department include monitoring of Trade receivable, claims from principal, shortages from employee and other.
Assistant Finance Manager
- Worked as AM finance exclusively on ERP Implementation of AR & OM module (Oracle R12). Also awarded by Functional Team Lead Award for successfully implemented Oracle R-12 within the prescribed time limit.Plus I have.
- Creation of new methods along with new accounting combinations in Oracle.
- Propose and post adjusting entries after various reconciliations.
- Manage and guide branch accountants and other peers about Oracle and its functionality.
- To work with different departments to ensure proper and smooth finance operations.
- Reconcile and review different kinds of GL accounts and transactions.
Accounting Supervisor
- Responsible for
- Supervised accounting cycle.
- Oversees calculating, posting, verifying, and typing duties to obtain and record financial data for use in maintaining accounting and statistical records.
- Lead most day to day operations of group.
- Familiar with a variety of the field's concepts, practices, and procedures. Relies on extensive experience and judgment to plan and accomplish goals.
- Performed a variety of tasks. Leads and directs the work of others.
Assistant Manager Finance & Taxation
- Responsibilities
- Supervision of Accounting transactions
- Supervised Receivable management
- Supervised Payable management
- Supervised voucher management
- Advance tax filling, making challans
Audit Officer
Main responsibility was to carry out audit procedures for clients which includesVerifies assets and liabilities by comparing items to documentation.Completes audit working papers by documenting audit tests and findings.Appraises adequacy of internal control systems by completing audit questionnaires.Maintains internal control systems by updating audit.
Muhammad Faizan Ali education
Accounting And Finance,
Cma, Accounting And Business/Management
Bachelor'S Degree, Accounting And Finance
High School, Pre-Engineering, A (77%)
Ssc, Science, A+1 (80%)
Frequently asked questions about Muhammad Faizan Ali
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What company does Muhammad Faizan Ali work for?
Muhammad Faizan Ali works for Imtiaz.
What is Muhammad Faizan Ali's role at Imtiaz?
Muhammad Faizan Ali is listed as Head of Treasury and Decentral Ops at Imtiaz.
Where is Muhammad Faizan Ali based?
Muhammad Faizan Ali is based in Karāchi, Sindh, Pakistan while working with Imtiaz.
What companies has Muhammad Faizan Ali worked for?
Muhammad Faizan Ali has worked for Imtiaz, Burque, Burque Corporation Private Limited, Maya Associates, and Bulls Eye Communications.
How can I contact Muhammad Faizan Ali?
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What schools did Muhammad Faizan Ali attend?
Muhammad Faizan Ali holds Accounting And Finance, from Acca.
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