Addax Middle East LLC is the middle eastern leading provider of Converged Building Systems, which covers a complete range of ICT Systems (Wireless, Structured Cabling, Data Networks, Telephony, IPTV etc) and ELV Systems (Security, BMS, Fire, Car Park and Guest Room Management Systems etc).With the core responsibility of ensuring quality control over day to day financial transactions and financial reporting, support month-end and year-end close process, coordinate the preparation of regulatory reporting, developed and documented business processes and accounting policies to maintain and strengthen internal controls. - Played the role of a business analyst by preparing and presenting monthly dashboards and KPIs of financial and non-financial data, budgeting, receivables & payables and cash flows to the CEO.- Redesigned and supervised an internal control system for payables; analyzed account activity and related reports at account level resulting in fewer billing & payment errors.- Facilitated audits, being the lead interface with auditors, through advance preparation and planning.- Redesigned credit policy, creditworthiness of existing customers with the goal of optimizing the mix of company sales and bad debt losses.- Handled sensitive inquiries and resolved difficult situations relating to receivables and payables in term of payments, ledger reconciliation, rate differences, invoice issues, Debit/Credit memo etc.- Successfully implemented VAT with all its legal requirements i.e. handling invoices, preparing records, communication with relevant departments, filing of VAT returns and challans.- Handled cash flows and banking transactions (Sales to Collections, Purchase to Payments) while ensuring availability of funds at specific dates for post-dated cheques.- Closely coordinated with procurement and sales department to provide financial support to meet their current and future sales contract.

A key position in Accounts and Finance of 3rd largest foundry of Pakistan having manufacturing and trading facilities with an annual turnover exceeding Rs. 3.5 billion and employs 1800+ employees, Key roles: - Sourced and implemented ERP financial reporting systems (Oracle) across the company in record time resulting in significant improvements in accuracy, timeliness and transparency of information.- Developed reporting dash boards through Business Intelligence and data warehouse providing up to date information for CEO on a daily basis. - Actively participated in operations, consistently meet gross profit goals built through production budget and breakeven analysis- Created complex financial models to structure employee financial incentives and piece wage rate plans to streamline salaries of production & sales team individual and company performance.- Initiated inventory controls and raised working capital Rs. 8+ million by raising flag over long outstanding unused stock, slow moving items, through effective control and ensured its disposal.

Recruited to oversee all financial accounting & reporting, budgeting, cash flow management, payables & receivables, procurement-related financial business cases of this manufacturing and trading concern. key contribution includes: - Supervised and managed all day to day accounting activities like banking transactions, loans & markup, month end and year-end financial statements for the analysis of CEO.- Devised internal financial reporting infrastructure and an effective system of internal control and accounting policies of the company to meet legal, fiscal and financial obligations.- Worked with tax consultant to implement a tax efficient structure across the group and successfully agreed with tax authorities’ treatment of old outstanding tax refunds worth 18+million.- Successfully re-structured the company balance sheet during 2013/14 financial crisis through the sale and adjustment of non-core assets resulting in the reduction of debt by 40+ million.- Effectively completed feasibility analysis for expansion of Rupee 100+ million production facility, managed and facilitated the group’s refinancing across 4 loan facilities.

A vertical textile manufacturing and trading concern having Spinning, Weaving, Processing, Stitching, and Quilting facilities with an annual turnover exceeding Rs.5.500 Billion and employs 3000+ employees. Key contributions:- Consolidated the accounting of the group with 7 units to financial statements preparation i.e. Balance sheet, profit & loss accounts, cash flows, related reports and their analysis.- Maintained fixed assets register, with coding, location, cost, date of purchase etc.- Prepared cash and production budgets, allocation of funds to different parties, a control on receipts & payments and bank balances thereon and comparison of budgeted and actual results- Developed a costing system of Pre and Post shipment order, and timely order closing to hold marketing and procurement accountable for the variances in cost and inventory.- Took initiative to build fair price shop to sell company’s left over and b-grade products and raised 10+ million per year.- Prepared and managed an annual budget of Rs. 5+ billion; including cash flow analysis, reports, budgets, treasury and revenue collections. Implemented improvements for cash flow management.- Participated in office automation and integration, replaced and eliminated time-consuming manual process, consolidated accounting of the group, which dramatically increased reporting capabilities that in turn helped in saving time, cost, and manpower with a greater transparency.

Zahid Jamil & Co Chartered Accountants has the honour of the first, the oldest and the leading professional Chartered Accountants firm with presence in all major cities of Pakistan. Zahid Jamil & Co Chartered Accountants is provide Audit and Assurance services, Taxation and Law Services, Corporate Law and Secretarial Services, Accounting and Bookkeeping services, Business Advisory Services, Financial Management, Business Consulting, HR Consulting, Business Risk and Information system consulting.Key roles:• Performed risk assessment for different clients and recommended on business and financial problems;• Prepared financial statements in accordance with applicable reporting framework including IFRS and prevailing local laws;• Assessed the client’s state of readiness with respect to people, resources, planning, data collection and strategy, while identifying high-risk areas, unidentified issues and areas for overall improvement;• Applied sound financial analysis and a rigorous approach to quantify the impact of operational issues;• Provided support services by working with all departments and the management team of clients to help make financial decisions;• Analyzed financial performance and so contributing to medium and long-term business planning/forecast of clients;• Provided strategic planning for implementation of corporate governance procedures, risk management and internal controls;• Performed complex fieldwork on assigned clients, assist with the setting of budgets and pricing;• Scheduled audits, selecting staff and assigned word loads, developing the strategy;• Conducted internal audits of a variety of internal activities and/or procedures for the purpose of ensuring compliance with prescribed SOPs, detecting issues occurring at the organization so proper resolution can be determined;• Ensured completion of assignments/projects with the pre-set time scales and budgets, and explaining variance from budget and collects cash on time.