I am a Fellow member of Pakistan Institute of Public Finance Accountants (PIPFA) and MBA Finance which enables me to work as a qualified Accountant. Beside it I am also a qualified Commercial Project Manager from one of big Project Management Company i.e. SIEMENS.
Over all I have more than 16 years experience in the fileds of Accounts, Audit, Finance and Project Management, out of which I served more than 13 years in Siemens Pakistan on different positions.
Implementation of Core Commercial Project Management functions in CERM Pakistan.
• Established and implemented typical set of Commercial Terms and Conditions
• Review Bidding documents to ensure compliance of respective tender / RFQ etc.
• Introduced and applied costing sheet for various types of projects
• Designed and implemented the Project status sheet comprising Price, Cost, Margin, Cash In/Out flow, including future planning of cost, margin and cash-flows and summarized reporting for management review for proper execution/monitoring and support of Project(s).
• Identification and mitigation of potential risks through risk workshops on various projects.
• Timely invoicing and follow-up of receivables to get the cash-flows available, as per plan.
• Timely recording and arrange payment(s) to partners like SAP, Microsoft, ODDO, etc and vendors for booking of cost and/or accruals
• Implementation of fortnightly time sheets of all consultants to record the cost on relevant project in timely and proper manner
Miscellaneous
• Preparation and analysis of Financial Statement on quarterly basis
• Prepare and update Overhead rate
• To complete coverage of Overhead cost, a comprehensive overhead rate is required to be prepared and updated on quarterly / yearly basis, as the case may be.
• Ensure that above mentioned rate shall be used in costing of upcoming bid(s) / offer(s)
• Treasury / Banking affairs – Compliance of State Bank of Pakistan statutory requirements for foreign payments to Partners
As a Commercial Project Manager, I am responsible that the projects' completion within the specified Budget, time and quality framework to the satisfaction of the customers and ensuring economic success for the BU and company by enhancing profitability.
Keeping management informed with relevant information on business results like BU Key Performance Indicators, GAP analysis, cost controlling and saving analysis, maintaining internal controls, budgeting & forecasting, financial analysis and business profitability reporting, strategic business review.
Internal & External offers for Engineering Services. Project Execution from Order Booking to Closing with special reference to timely cash collection.
Group Key Performance Indicators, GAP analysis, cost controlling and saving analysis and presenting to BU management.
Responsible for monthly, quarterly and annual closing, monitoring business results, analysis of Income Statement, Balance Sheet & Cash Flows, and Ensuring effective & efficient Fixed Assets Management.
Accounting affairs of Cotton Mills
Internal and External Audits