Summary

A career spanning over 15 years of experience across core strategic finance operations as well as people management. Key skills include financial accounting and reporting, budgeting, strategic decision making, working capital management, implementation of controls and finalization of SOP relating to financial accounting, supply chain, operation and point of sale software, reviewing matters relating to income Tax and sales tax. 


Currently I am studying MBA at Institute of Business Administration (IBA).


I believe that the skills I have acquired during the course of my educational and professional experience will be valuable assets to your organization.


I am looking forward for an interview at your earliest convenience time.

Projects

SAP Business One 9.3 | Implementation

Experience

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Senior Finance Manager
A.A Joyland (Private) Limited
Aug 2016 - Present | Karachi, Pakistan

A.A Joyland (Private) Limited is a group company of Siddiqsons Group which  comprises of Aladin Amusement Park, Pavilion End Club, Bounce, Café Canes Restaurant, Food Outlets and Banquet.
Assurance & Governance; Set up of best practice SOPs for core functional areas and leading Risk Management initiatives, internal/external audits facilitation and set up and implementation of local internal controls framework.
Finance Business Partnering; A trusted partner for the COO, Operational and Supply Chain Team and Finance Department Team. Driving the budgeting, planning and forecasting cycles, periodic performance and KPI reviews and interpretations.
Working Capital Management; Dealing with company Treasury, customer collections management, vendor pay out process oversight, holding key accountability for working capital KPIs.
Core Finance; Financial accounting, financial reporting, GL reviews periodic closing, IFRS compliance, bank reconciliation review, food costing, inventory reconciliation, recipes actual v/s standard review, statutory audits facilitation.
Experience Diversification; Implementation of management framework for proper warehousing and procurement practices across Supply Chain. This includes vendor development, induction of substitutes, implementation of mechanism to control expiry and over purchasing. Reimplementation of Point of Sale software. Development of utility reconciliation mechanism.       
 
Key Achievements
Built a Strong Control and Compliance Environment through a comprehensive SOPs for all Finance and supply chain processes;
Working Capital Optimization achieving through improvement in credit term with vendors;
Reducing cost of food production from 62% to 42% of sale by introducing strong controls on utilization of material in production of food;
Delivered utility Savings and reduced line losses through introducing reconciliation initiatives across the company;
Delivered Procurement Savings through introducing Procurement initiatives and implementing closely through the Procurement Manager.

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Manager Finance
Shafi Group
Jul 2009 - May 2016 | Karachi, Pakistan

Shafi Group of Pakistan, which is a leading group of manufacturing and exporting Leather, Textile & Rice Glucose from Pakistan.
Reporting to Group Chairman;
Overall management of financial accounting and reporting across the Group companies;
Assisting the Group Chairman in developing financial strategy at entity and Group levels;
Managing the Group’s working capital by closely monitoring the collections activity, operational spend and cash flow positions;
Managing all investments including equity investments, investment in mutual funds and investment in TDRs;
Liaising directly with executive management of other Group companies;
Working on team and staff development initiatives within Finance;
Supervising Income Tax and sales Tax matters;
Facilitating Internal and External Audit;
Facilitating all directors on their tax matters;

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Senior Auditor | Assurance & Advisory Services
Grant Thornton | Pakistan
Dec 2005 - Jun 2009 | Karachi, Pakistan

Reviewing, assessing and testing of internal controls;
Designing and performing substantive tests including analytical reviews;
Review of financial statements to ensure compliance with various disclosure requirements of IFRS and local regulations;
Formulation of conclusion and reporting to supervisors and managers and liaison with client management;
Advising and helping clients in making internal control systems and keeping books of accounts.

Key industries covered as Assurance Senior included pharmaceutical, commercial banking, leasing, textiles, manufacturing plants and United Nations Development Program and International Labor Organization NGOs.
 

Education

Institute of Business Administration (IBA)
Masters, Masters in Business Administration, ‎
Business Administration
CGPA 3.2/4
2021
University of Karachi
Masters, Masters in Commerce, ‎
Accounting & Finance
2018
Member of ACCA-UK (Association of Chartered Certified Accountant)
Certification, ACCA-UK Member‎
Accounting & Finance
Completed
2016
Institute of Cost & Management Accountancy of Pakistan (ICMAP)
Certification, ICMAP-pass 12 out of 18 papers‎
Accounting & Finance
Completed
2016

Skills

Expert 4 Knowledge of Taxation
Expert Accounting
Intermediate Advance Microsoft Excel
Expert Annual Management Accounts
Intermediate Delievry Planning
Intermediate ERP System
Expert External Audit
Expert Financial Statement Analysis+
Expert Handling Assignments
Expert IFRS
Expert Internal Controls
Expert Japanese & Korean Language Proficiency
Expert Managing Midsize Teams - 5 to 20 People
Intermediate Microsoft Power BI
Expert Ordinance Knowledge
Expert Personal Tax Filings
Expert Revenue Recognition
Intermediate Tax Reporting
Expert Telemarketing Skills
Expert Voucher Management

Languages

Expert English
Expert Urdu

Ahmad Contacts

BILAL AKHTAR
iSolutions Pakistan (Pvt) Ltd