Sarmad Siddiqui Email & Phone Number

Karāchi, Sindh, Pakistan

Karachi Division, Sindh, Pakistan

• Successfully managed the Retail liability function, handling approximately 1 billion Rupees in monthly transactions, ensuring timely payouts based on mutually agreed terms. • Demonstrated leadership by overseeing and streamlining the billing process for retail vendors, effectively managing a team of 2 to 3 peoples to ensure all tasks were completed within deadlines, facilitating the smooth flow of operations.• Innovated and implemented new processes and SOPs to enhance operational… Show more • Successfully managed the Retail liability function, handling approximately 1 billion Rupees in monthly transactions, ensuring timely payouts based on mutually agreed terms. • Demonstrated leadership by overseeing and streamlining the billing process for retail vendors, effectively managing a team of 2 to 3 peoples to ensure all tasks were completed within deadlines, facilitating the smooth flow of operations.• Innovated and implemented new processes and SOPs to enhance operational efficiency.• Effectively managed and resolved complaints from KAMs and vendors, addressing their queries and concerns in a timely and efficient manner.• Maintained meticulous records of brands offering free shipping, especially during campaign months, with verification of utilization and the issuance of invoices to brands. Proactively resolved any disputes that arose during the process.• Maintained accurate general ledgers for discount vouchers provided by Daraz and other brands to customers. Conducted utilization verification and managed invoicing for vouchers funded by brands.• Provided comprehensive explanations to the reporting team regarding unusual movements in the TB.• Successfully reconciled the (MS Dynamics365) with various operational software platforms, such as the ALIBABA SUPPLY CHAIN PORTAL (ASCP).• Played a pivotal role in updating the retail tracker dashboard, achieving 99% visibility for the group, which greatly aided regional finance in their reporting and commercial business operations, facilitating tracking of payment statuses and other invoice-related information.• Provided valuable insights to the business team through in-depth campaign analysis, contributing to informed decision-making. • Collaborated closely with the Category Team to address pricing issues and achieve margin targets.• Ensured the monthly closing of payable accounts, offline sales, accrued purchases reconciliation, and prepayments, consistently meeting the 2nd-of-the-month deadline Show less

Karāchi, Sindh, Pakistan

• Collected and reported monthly expense variances and explanations. • Methodically reviewed documents and accounts for discrepancies and resolved variances. • Prepared accurate financial statements at end of each month and present it to the directors.• Compiled financial reports pertaining to cash receipts, expenditures and profit and loss. • Updated general ledger with latest entries. • Prepared documents, reports and presentations using advanced software proficiency… Show more • Collected and reported monthly expense variances and explanations. • Methodically reviewed documents and accounts for discrepancies and resolved variances. • Prepared accurate financial statements at end of each month and present it to the directors.• Compiled financial reports pertaining to cash receipts, expenditures and profit and loss. • Updated general ledger with latest entries. • Prepared documents, reports and presentations using advanced software proficiency. • Provided timely actual, forecast and budget data for IT and corporate management. • Set up and updated customer and vendors accounts with interactions, payments and personal information. • Researched topics and completed due diligence to resolve issues in a timely manner. • Petty Cash management.• Weekly reconciliation of banks, accounts payable and accounts receivable.• To create the supplier’s payments after deducting withholding tax. • Treasury management.• Maintaining the cash flow on daily basis.• To create the invoices and bills.• To report inventory valuation every week.• Actively pursued personal learning and development opportunities Show less

Karachi,Pakistan

• Collected and reported monthly expense variances and explanations. • Updated general ledger with latest entries. • Generated and mailed updated statements. • Prepared documents, reports and presentations using advanced software proficiency. • Researched topics and completed due diligence to resolve issues in a timely manner. • Worked on PayPal, Stripe, Amazon and Shopify. Projects: 1- ECommerceClients: Neutronzone, Grow your Pantry, Dog Chews, Flipped… Show more • Collected and reported monthly expense variances and explanations. • Updated general ledger with latest entries. • Generated and mailed updated statements. • Prepared documents, reports and presentations using advanced software proficiency. • Researched topics and completed due diligence to resolve issues in a timely manner. • Worked on PayPal, Stripe, Amazon and Shopify. Projects: 1- ECommerceClients: Neutronzone, Grow your Pantry, Dog Chews, Flipped Normal, Trading Avenue, The Air Purifier Store, Brian-BeglowTools: Amazon Seller Central, Shopify, eBay, Etsy, Xero, QuickBooks, Wave, A2X and Excel. -Recording sales, expenses and Payouts from Amazon Seller Central, eBay, Etsy and Shopify.-Inventory, Stripe, PayPal and Bank reconciliation. -Monthly closing and representation of financial statements to clients.-Calculation of variances. 2-Retail Store and Food Chain Clients: Winterton Bros, Savers Distributors Tools: Xero, Zoho Books and Excel - Recording daily bills and invoices- Inventory and Bank reconciliation. - Dealing with customers and suppliers 3- School and learning centerClients: Top Up Learning, Teachers training International Tools: Xero, Excel and their internal software. - Student and course wise invoicing.-Bank reconciliation. -Running Staff’s Payroll -Managing the Account Receivable Show less

Acca, Accounting And Business/Management

Pre-Engineering, B

Matric, Engineering, A+