Muhammad Saqib Rasheed Email & Phone Number

Head Office-Islamabad

- Performing monthly closing of Costing (CO) module of Bestway Cement Ltd & Bestway Packaging SAP.- Preparation and running of cost estimates for all Plants in SAP.- Execution of Material Ledger (ML) run and costing cycle on timely basis.- Performing variance analysis of Finished & semi-finished product to check per ton cost.- Performing activity based calculation of cost estimates of all plants on every month by using production plans and budgets.- Compilation of Cost Accounts Statement.- Ensuring cost audit on annually basis of all plants- Pre-Payments recoding in SAP on monthly basis.- Reconciliation of Imported coal consignments received from port to plant.- Inter Company reconciliation to settle payable and receivable balances in SAP. - Product costing of New Product development.

- Managing end-to-end accounts payable activities within SAP, ensuring timely and accurate payment of vendor invoices.- Utilizing SAP HANA 4's advanced invoice verification and matching capabilities to reconcile invoices with purchase orders and goods receipts. Allocation and booking of expenses into relevant cost centres (Capitalisation of salaries and other expenses)- Preparation of GR/IR vendor clearing reconciliation to ensure zero balances in clearing account of SAP GL- Collaboration with cross-functional teams to resolve invoice discrepancies, reducing outstanding issues.- Comprehensive analysis and detail scheduling/movement of closing stock, slow moving items including Coal, raw material and packing material.- Recording of accruals, prepayments, provisions and month end JVs for closing.- Preparation of management accounts on monthly basis.- Assigned the role of coordinating with external auditor- Filling and submission of Sales tax including finalization of monthly sales tax returns, Preparation & Filing of PSID on online portal of FBR & provincial, withholding statements in IRIS u/s 165- Finalization of quarterly advance tax liability.- Preparation of monthly Bank Reconciliation of Bestway Cement Ltd.- Calculation & posting Forex Gain & Loss in system.

Islamabad,Pakistan

Research Analyst (New Account Setup Depatrmrnt)-NASD• Lead, Coordinate and monitor the review and analysis of practitioner applications and accompanying documents, ensuring applicant eligibility.• Conduct thorough background investigation, research and primary source verification of all components of the application file.• Identify issues that require additional investigation and evaluation validate discrepancies and ensures appropriate follow up.• Respond to inquiries from other healthcare organizations.

Islamabd Pakistan (Head Office)

- Worked in Procure to Pay (P2P) team of Telenor Shared Services (TSS)- Processed Nordics region invoices in verification (Eyes & Hands), Pre-Registration (Janus) and Oracle Step.- PO matching and booking in R12 Oracle.- Compliance of operational targets and KPI’s according to SLA is agreed with customers.- Worked on project of “Monitoring Mechanism” for overall improvement in P2P process just to achieve KPI’s and timely delivery to customers.- Involved in preparation & updating daily, weekly & monthly dashboards for management & customers.- Worked on project of “D-code” (Root cause analysis) for monitoring and maintaining daily invoice processing quality as per agreed SLA with customer- Assisted in performing process improvisation and reformation of reporting structure of Pre-registration process with six sigma tools.- Compilation & keep updating SOP of all processes.

Head Office Islamabad,Pakistan

• Worked in Accounts Payable department mainly dealing with overall Bank reconciliations operations and Accounts payable section of Group that includes PO, accounting entries, payment to vendors, preparation of cash flow.• Preparation of overall Cash & Bank (Bank Reconciliations) operations of the group for more sixty banks on weekly and monthly basis.• Processed payments vouchers and invoices in APEX ERP (Oracle).• Bank Reconciliation of different types of banks accounts including Running finance, current and saving account, US dollar account and syndicate facilities. • Involved in preparation and posting of payment, receipt and Journal vouchers in software that includes payment vouchers of bank charges deducted by banker, receipt vouchers on receiving profit on saving account, processing journal voucher on exchange gain/loss on US dollar and running finance facility.• Rectifications of errors and mistakes on vouchers as well as in software GL (Sage).• Responsible for interdepartmental and outside communication.• Conducted stock take inspection of Bestway’s plant with audit team on semi and annually basis. • Coordinated and facilitated external auditors on bank related concerns.

Graduation In Commerce (It & Finance)

Masters In Business Administration (Finance)