Muhammad Faizan Ali Email & Phone Number

Karachi, Pk

Karāchi, Sindh, Pakistan

• 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

Pakistan

Karāchi, Sindh, Pakistan

• 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. • Leading Fixed Asset plus ensure correct and complete recording in SAP for continued and upcoming projects.• Ensure timely posting of the inventory transfers in SAP and follow ups on Damages / Wastages• Monthly report on the budgeted sales target Vs Actual targets achieved• Continually reviewing and enhancing financial presentation of reporting based on management’s requirements and business operational requirements• OPEX is consistently monitored on consolidated basis having precise breakup• Heading Payroll of 11500+ employees and its related arrangements.

Head Office Karachi

• 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 Operations) Pl align current resource to give me some idea.• Ensure timely making of Goods deletion Note (GDN) for all stocks already uplifted at branches after coordination with supply chain and claims has been raised by claim section (Controlling and Operations).• To ensure timely recording of inter-branch transfers (and reporting of same to supply chain in case it is not timely recorded) (Controlling and Operations).• To ensure complete coordination with statutory auditors for all closing stock verification procedures and provision of reports incl. purchase registers (Audits and visits).• Ensure timely upload of approved price lists into the system.• Ensure correct margin is reflected in CSR based on margins inputted in system SKU wise Pricing (TP and invoicing).

Head Office Karachi

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 receivable.Supervise bounce cheque management, reconciliation and report any SOP violation.Conduct credit checks on all customers, establish and manage limits for customers & businessLeading Pricing module/Trade OffersMonitoring & reporting of daily cash sales positionMonitor and report on deviations from credit standardsReporting of credit aging and working capital position to CFO, COO & CEO

Karachi

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 been a part of functional team to representative finance for implementation of Business Intelligence Module.Other responsibilities include below but not limited to• 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.• Posting Debit and Credit Memos to manage Payable and Receivables.• To work with IT consultants for any improvements, revision and rectification of developed reports in Oracle.• Involve in describe objective of new report and it mapping from system.• Posting of rectifying entries from head office for any error made at branch level.• Review and verify master data both Pre and Post implementation.• Manage and review parallel running process and resolve any issue if arise.• Reconcile any difference in GL due to user error and report it to directly CFO with solution.

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.• Preparation of F.S for clients at large number.• Preparation of Sales tax return and other various forms..

Karachi

Responsibilities• Supervision of Accounting transactions• Supervised Receivable management• Supervised Payable management• Supervised voucher management• Advance tax filling, making challans• Sales tax filling • Assist external auditors about company policies & other matters.• Advise and implement adequate controls • Bank reconciliation of all banks

Karachi Pakistan

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 programs and questionnaires; recommending new policies and procedures.Communicates audit findings by preparing a final report; discussing findings with supervisor.Contributes to team effort by accomplishing related results as needed.Client Portfolio- Health And Nutrition Development Society (HANDS).- Haque Academy.- Ghazi Shipping (Pvt) Ltd.- Logon Broadband (Pvt) Ltd.- Habib Trust & Societies- College of Physicians and Surgeons Pakistan

Accounting And Finance,

Activities and Societies: Charities, sports and event management.ACCA AFFILIATE (June 2012- Dec 2014)

Cma, Accounting And Business/Management

Bachelor'S Degree, Accounting And Finance

High School, Pre-Engineering, A (77%)

Ssc, Science, A+1 (80%)

Education record