Muhammad Raza Email & Phone Number

Canada

• Prepare, compile, and consolidate Cost Centre Reports extracted from SAP, ensuring accuracy by reconciling with financial statements to validate the precision of the financial outcomes. • Prepare variance analysis of each account of individual Cost Centre report by incorporating budgetary data into the report and respond to supervisor’s queries for unfavourable variance/expenses to take corrective action. • Disburse Consolidated Cost Centre Report to management of the company and hear of cost centres.• Create a detailed "ABCD Analysis Report" outlining the monthly customer wise revenue and contribution margin, which includes a comparison of current and year-to-date results with the previous year, a 12-month rolling period overview, and an analysis of actual versus budgeted numbers. • Prepare a Year-over-Year (YOY) sales report presenting a comprehensive overview of sales data spanning five years categorized by geography, Sales Manager, and brand-specific sales numbers. • Create a revenue report categorized by customers and sales representatives, outlining the current period's performance alongside Year-to-Date (YTD) target achievements. • Consolidate a binder containing the company's financial statements and management reports, highlighting the current performance metrics. • Develop a presentation slides for the CFO to present the current sales performance of each product line compared to targets and the previous year's numbers. • Generate a weekly payment report for payables based on supplier terms, including any discounts offered by suppliers to optimize the company's benefits. • Assigning account and cost centre numbers on invoices to ensure the accurate and correct entry of invoices by the payable team in SAP. • Develop region-specific profit and loss statements to assess and determine the profitability geographical area. • Collaborate with department heads to formulate cost centre budgets and consolidate these budgets into a master file.

Dubai. U.A.E

• Prepared individual (Yamaha, Daihatsu, Daewoo, Suzuki & Yamaha Boat Factory) and consolidated financial statements and related statements and notes according to IAS & IFRS.• Prepared financial score card on monthly basis to report the performance of each showroom as compared to the previous month and budgets; to provide complete variance analysis report and deduce recommendations for cost saving opportunities. • Responsible for the preparation of showroom budgets in co-ordination with operations, marketing and sales managers, and consolidating these budgets in a master file.• Review stock ageing to identify provisions required for slow moving and obsolete stock; reviewing receivables ageing for overdue receivables to identify provisions required and to ensure effective credit collection policy.• Prepared cash flow on daily basis to ensure funds are available to meet current liabilities and to help determine plans for future commitment needs.• Reviewed monthly closing schedules, inter/intra company transactions and reconciliation and to ensure the posting of respective JV’s for confirming month end closing procedures.• Prepared weekly working capital report to keep higher management informed about showrooms performance which can help them to make informed decisions.• Liaison with external and internal auditors for the annual audit by providing the required documents and information. • Managed general ledger, payroll, accounts payable, accounts receivable and various special analysis.• Monitor customer account details for non-payments, delayed payments and other irregularities.• Analyze & reconciled system generated VAT reports and submitted to VAT reporting team for submission on FTA portal.• Prepared detailed cost of goods sold analysis and reports.• Prepared monthly variance in labor, material and overhead and related findings, making recommendations.• Set up standard cost, overhead rates, and Raw material cost, ensuring consistency and accuracy.

Lahore

• Responsible for preparation and accuracy of overall books also ensure the proper closure of books on monthly basis.• Review & discuss MIS reports on monthly basis with Senior Management and taking the corrective measures to improve the numbers.• Responsible for implementing internal controls and financial controls in the organization.• Identify the cause of the variance with departmental head and implement the corrective measures to enhance the effectiveness.• Determine cost of operations by establishing standard costs and collection of operational data.• Supervised the account payable team to ensure that all the invoices are booked and paid as per the credit terms.• Managed a receivable portfolio of CAD 14 million and was able to reduce the turnover days from 35 to 30 days by introducing early payment incentives.• Liaison with bank for Letter of Credit (L.C) and other Financial Facilities.• Oversee the bank reconciliation of multicurrency banks and prepared a summary of daily cash outflow/inflow transactions.

Lahore

• Responsible for account reconciliations that include bank accounts.• Review and process of payments including admin payments, advances, travel claims, overtime etc. as per Company’ policy and procedures.• Performs month-end and year-end closing and appropriate financial reports.• Preparation of Projected Financial Statements.• Manage petty cash and reimburse petty claim as per policy of the company.• Responsible to maintain payable and receivable accounts detail.• Generate invoices as per policy and proper follow up delivery of invoices and receipts.• Responsible to maintain stock detail and prepare monthly stock variance report.• Liaison with banks and fulfil documentary requirement of banks.

Lahore

• To assist in preparing Monthly and Annual accounts.• Preparation of all types voucher• Posting of all types of vouchers.• Assisting in annual audit.• Preparing banks reconciliation statements.• Making CDC & PDC report• Preparing different reports as required by seniors

Lahore

• Assisted to audit associate in preparation of consolidated financial statements.• Prepared monthly, quarterly and annually financial statements.• Prepared schedules for financial statements.• Stock counting of various client.• Assisted audit associate to find out discrepancies in opening balance.

Associate’S Degree, Management And Finance Accounts, Tax, Company Laws

Financial Reporting. Management Accounting. Audit. Taxation. Corporate Law

Apa, Accounting And Finance

Bachelor'S Degree, Statistics And Economics

Intermediate

Matriculation