Mujtaba Lakhani (Fcma - Uk, Cgma, Acca, Dip In Ifrs) Email & Phone Number

Dubai, Ae

Dubai, United Arab Emirates

Ensure compliance of IFRS standard and local UAE laws in financial statement. Develop schedules of Cost of Sales, Admin, Selling and ROU (Right-of-use), Lease schedule,and Loan Schedules, PPE schedules for auditors. Prepare final accounts and facilitate external auditors in final year audit. Coordinate with internal auditor for specific assignments and process audit. Develop and execute Payroll processing monthly including vacation benefits, gratuity, leaveencashment and others. Develop working for loan schedules and repayments as per IFRS. Develop Ageing Analysis module in excel for monthly ageing report. Surprise Factory visits to monitor the company’s operations and stock count. Analysis of stock movement from opening to closing and identify the reason for variation inbooked quantity versus physical quantity. Supervising all monthly closing process activities in Quick Books and SAP. Supervise implementation of SAP as a FICO Power User. Calculate VAT (Value Added Tax) working of the company for return filling and paymentprocessing on a quarterly basis.

Karāchi, Sindh, Pakistan

• Prepare standalone parents' final accounts and facilitate external auditors in final year audit.• Prepare consolidated final accounts including subsidiaries, calculation of investment in associates, and knocking off receivable and payable balances.• Computation of support working in consolidation notes including net assets of each subsidiary, Goodwill, NCI, Group Reserves, and PURP for inventory adjustment.• Ensure compliance with IFRS standards and local laws in financial statements.• Review Audit Committee and Board minutes. • Participate in annual report printing to achieve 1st position in BCR (Best Corporate Report).• Review of Cherat Cement annual accounts along with disclosures and notes.• Supervise schedules of Cost of Sales, ROU (Right-of-use), Lease schedule, and Government grants and review commentary of their variances.• Working in budgeting and monthly forecasts to monitor the company’s performance.• Supervising all monthly closing process activities in operation and SAP.• Supervise upgrade of SAP from ECC to S4 Hana as a Power User.• Participate in the implementation of SAP SAC (Dashboard) and SAP Fiori (use on any device).• Develop Power BI dashboards for management reporting.• Develop objectives and KPIs in Balance Scorecard for performance metrics.• Develop different types of feasibility reports for project appraisals.• Supervise Graphical presentation and calculate detailed ratio analysis for the annual report.• Calculate advance income tax working of the parent company for return filling and facilitate tax consultant for FBR notices.

Karāchi, Sindh, Pakistan

• Coordination in surprise audit process of production plant and supply chain.• Ensure compliance of IFRS standard and local laws in financial statement.• Coordination with external and internal auditor in half-yearly review and yearly audit.• Developed reports of cost of goods sold, inter-company working & subsidiary accounts.• Actualized all products cost (SKUs) from standard to actual in excel.• Analysis of Yield Report for monitoring abnormal variance with production department.• Analyzed Budget vs. Actual & Actual vs. Actual with strong explanation.• Computed landed cost of Active, Excipient and Packaging material cost for budget and actual.• Prepared Budget (SKU's wise) with scenario planning of different exchange rates.• Executed cost estimate (SAP) in opening of new month.• Performing all closing process activities in SAP and monitoring pre-closing activities.• Analyzed operation and SAP for providing suggestion to implement best practice.• Worked in Power BI and participated in implementation of “Qlik software (Power BI)” to develop user-friendly interface for the management.• Evaluated financial feasibility of new products based on material price, BOM & recipes.• Facilitated tax consultant regarding FBR notices and other tax related issues

Karachi

• Prepared presentation of actual and budgeted results for Audit Committee and Board.• Actualized monthly inventory valuation of raw material, semi-finished & finished goods.• Ensure the application of costing rules and financial reporting compliance in Cost of Sales.• Developed financial budget module in Ms. Excel with departmental templates.• Prepared detailed and analytical presentation of financial budget for Board approval.• Computed plant to plant transfer quantity and value (material-wise) for movement valuation. • Executed cost estimate and monitored of cost with appropriate cost center in SAP.• Run monthly closing process (SAP) and engaged in monthly accounts discussion.• Worked on “Material Ledger” module for actualization of stock valuation in SAP.• Facilitate internal and external audit in half yearly review and final audit.• Developed financial dashboard in Ms. Excel and Power BI software.

Pakistan

• Designed and implemented financial plan and budget in downstream company.• Computed variance analysis report for controllability and performance of the department.• Prepared power point presentation for Board of Directors.• Prepared monthly oil price schema and landed cost of imported product.• Preparation of monthly accounts along with deeper analysis for higher management. • Worked on reformation of cost centers, cost & accounting treatments, chart of accounts.

Karachi, Pakistan

Audit Clients: Shabbir Tiles and Ceramics (Stile) Supply Chain Transformation Process Audit Attock Cement Pakistan LimitedProduction Inventory Management, Supply Chain (Procurement to Payment), QC Audit, Financial Closing Process, Secretarial Compliance Audit, Human Resource Audit, Follow-up I.T. Audit, Safety and Security Audit. Matco Foods (Pvt.) LimitedHuman Resource Audit

Karachi

• Recording of all payments of suppliers, service providers and receipts of customers.• Worked as a coordinator to facilitate the external auditors.• Assist in drafting Profit & Loss Summary and Balance Sheets.• Drafted Article of Association of the organization under CFO supervision.

Bachelor'S Degree, Accounting And Finance

High School Diploma, Accounting And Business/Management

Diploma in Accounting and Business

Member, Auditing, Accounting And Finance, Affiliate

Fellow, Accounting And Finance, Position Holder

Activities and Societies: Education I'm FCMA-UK and I have achieved 6th Position in Pakistan in the Subject of P1(Management Accounting).

Cgma, Accounting And Business/Management

M.Com.

Bachelor Of Commerce (B.Com.), Commerce, 1St Division