Muhammad Saad Email & Phone Number

Karachi, Pk

Karāchi, Sindh, Pakistan

Enhanced the overall financial system and procedures, actively identifying and implementing corrective actions.Thoroughly reviewed and approved all payable and receipt vouchers to ensure compliance with reporting standards and audit requirements.Conducted reconciliation of vendor ledgers and pursued follow-up activities in collaboration with the procurement and payable teams.Strategically planned and managed outflows based on commitments and anticipated inflows.Prepared comparative monthly purchases and expense sheets with budgets comparisons, subsequently reporting any variances to management.Prepared weekly import Payment sheets and Expected Costs associated with importing materials.Engaged with foreign Suppliers to gather inquiries for raw materials and facilitated the arrangement of PFI in accordance with weekly shared requirements from the Supply Chain Department.Prepare Letter of Credits L/C’s, Contract, and TT, while verifying non-negotiable documents in alignment with trade compliance regulations.Coordinated with Forwarding companies to obtain inquiries for FOB and EX Work delivery terms and effectively arranging bookings for planned shipments.Engaged with Foreign suppliers, Trade officers, Insurance companies, and Clearing agents to ensure timely shipments and fulfill documentation requirements.Collaborated with the Treasury department to secure the most favorable spot rates for USD and other foreign currencies (FCY).Calculated the Landed Cost of Each Shipment and generated monthly reports for Advance tax U/s 148 & Sales tax. Prepare the actual product cost of Each SKU providing crucial insight to the Sales & Business development teams.Constructed a Comprehensive cost sheet for overheads, Sourcing activity-based data from Various departments to evaluate overhead cost per Unit.Provided valuable assistance to management during the finalization of interim and final accounts, including stock audits.

Karachi

To verify the day to day expenses related to approval & supporting.Weekly Cash audit with fulfill all audit assertions.Checking compliance with the purchase cycles, inventory receipts and issuance processes in context of SOP.Evaluate the adequacy process design and the effectiveness of control.Identifying any loopholes in the internal control system, and proposing practical and value added recommendation to address control weakness and/or process inefficiencies.To analyze rate variances from PO reports and make professional judgment and recommendation on it.To ensure strict compliance in the process of Final settlement of employees, Salary Payroll & Error sheets.To ensure compliance on the payments of loan, advances, zakat and others liabilitiesTo ensure compliance on the payments of Work orders related to R/M, Construction, Contractors, Testing & certifications To review all invoices for appropriate documentation and approval prior to payment & prioritize invoices subject to payment terms & credit days.To review cheques & request letters of RTGS (Real Time Gross Settlement) in order to check proper authorization.To review and ensure that proper deduction of withholding Income taxes & SRB are made before processing cheques.Prepare Monthly log sheets related to queries & other recommendations.

Cma, Accounting, Auditing,Taxation

Bachelor In Commerce (B.Com), Accounting And Business/Management