MALIK NAVEED KHALID

(Associate Member of the Institute of

Cost and Management Accountants of

Pakistan (ACMA) + Masters in Finance)

House No 277-N Block, Model Town, Extension, Lahore, Pakistan. Cell/Whats App: - 032*-*******, 031*-*******

E-mail: - ad4tpu@r.postjobfree.com

SKYPE ID: - malik.naveed.khalid (24/7 Online)

Career Summary, Skills and Objectives

I am an Associate Member of the Institute of Cost and Management Accountants of Pakistan and also holds Masters of Finance degree having 19+ years proven related hands on professional experience in diversified industries i.e. Textile, Leather, Construction, IT and Networking, Telecommunication, Packaging,Trading,Services and is highly skilled in Accounting, Financial Reporting, Management Reporting, Costing, Taxation, Internal Auditing, Planning & Controlling, Budgeting and Forecasting, Profitability & Variance Analysis, Advanced Excel, Liaison with Internal and External Auditors and interested to work at a senior managerial level position in an organization that values performance, integrity, team-work and team-spirit and where I can fully utilize my potential and can add value to the organization. Professional Experience

Designation: Chief Financial Officer Real Estate 01-Apr-21 to Date Organization: Grace Marketing-Lhr Report to: CM,MD,ED, DA&O & GMO

• Finalization and presentation of monthly and annual accounts both in aggregate and Installment wise of the company to the Board of Directors.

• Finalization of monthly & annual budget and Planning

• Variance analysis of the planned verses actual results and identifies weakness and suggests remedies.

• Verification of all receipts of Down Payments,Instrallments,Allocations,Possestion received both in all banks and through walk in customer.

• Verification and updating and monitoring of costing incurred on daily basis for planning and development incurred on the site.

• Dealing and coordination with banks for funds management.

• Arrangement and verifications of reconciliations with clients, suppliers and intergroup companies.

• Monitoring aging of Installments receivables, payables, loans and advances to employees, advances to suppliers and from customers and intergroup companies.

• Verification and booking of land purchased

• Verification of all files issued to dealers.

• Monitoring of investments in properties.

• Verfication of all Installments received from Customes.

• Online submission of monthly sales tax return, withholding tax return, EOBI & social security contribution.

• Arrangement and verifications of reconciliations with Dealers,suppliers and clients.

• Approval of all vouchers.

• Approval of wages and staff salary sheets.

Designation: Senior Manager Finance Textile Industry-(Apparel Sep-16 to Date Organization: Askari Apparel -Lhr Report to: MD, ED, DF, CEO, GMF & GMO

• Finalization and presentation of monthly and annual accounts both in aggregate and product wise of the company to the Board of Directors.

• Finalization of monthly & annual budget and planning both in aggregate and product wise.

• Variance analysis of the planned verses actual results and identifies weakness and suggests remedies.

• Identification of planned verses actual contribution margin calculations and present to the management.

• Verification of bill of materials (BOM) for material management and suppliers payments.

• Verification and updating and monitoring of costing incurred on daily basis for ongoing production and shipments.

• Verification and finalization of product costing and pricing.

• Verification of pre and post shipment costing.

• Dealing and coordination with banks for export remittances.

• Monitoring aging of receivables, payables, loans and advances to employees, advances to suppliers and from customers and intergroup companies.

• Online submission of monthly sales tax return, withholding tax return, EOBI & social security contribution.

• Arrangement and verifications of reconciliations with clients, suppliers and intergroup companies.

• Approval of all vouchers.

• Approval of wages and staff salary sheets.

Designation: Finance Manager Leather Industry (Gloving) Sep-14 to Sep-15 Organization: Leathertex Gloving (Pvt) Ltd-Lhr Report to: CEO, DF & DP

• Finalization of monthly and annual accounts of the company both in aggregate & product wise.

• Preparation and finalization of monthly & annual budget and planning & comparison with actual results.

• Verification and updating and monitoring of costing incurred on daily basis for

• ongoing production and shipments and make sure that elements of cost is correctly allocated to the respective cost, revenue, profit and investment Centers for maintaining cost transparency.

• Calculation of planned verses actual contribution margin & profitability calculations and present to the management.

• Verification and finalization of product costing and pricing.

• Verification of pre and post shipment costing.

• Dealing and coordination with banks for export remittances, forward bookings.

• Verification of markup charged on Investments.

• Monitoring aging of receivables, payables, loans and advances to employees, advances to suppliers and from customers and intergroup companies.

• Arrangement and verifications of reconciliations with parties and intergroup companies.

• Approval of all vouchers.

• Approval of wages and staff salary sheets.

Designation: Accounts Manager Construction Industry Oct-10 to Jun-14 Organization: First Technical Contracting Co Ltd-Jeddah Report to: PT, DO, GM, GT

• Monthly financial review for discussion with management regarding the performance of the company, future business, identification of weak areas and suggest remedies.

• Preparation of monthly & annual budget and planning.

• Generation and submission of invoices to the clients on completion of different phases of the ongoing projects as per the terms and conditions agreed upon in the contract

• Updating and monitoring of costing incurred on daily basis for ongoing projects.

• Preparation of departmental expense analysis sheet, variance Analysis, contribution margin analysis.

• Dealing with banks.

• Verification of markup charged on loans.

• Verification of pre and post Project costing, contribution margin calculation.

• Monitoring aging of receivables, loans and advances to employees, advances to and from customers.

• Arrangement and verifications of reconciliations with parties and intergroup companies.

• Approval of all vouchers.

• Approval of salary sheets.

Designation: Manager Accounts IT & Networking Industry Jun-08 to Oct-10 Organization: Arwentech (Pvt) Ltd-Lhr Report to CEO, GMF, BM

• Monthly preparation and analysis of financial statements of current month and forecast for next 3 months.

• Monthly financial review for discussion with management regarding the performance of the company,future business, identification of weak areas and suggest remedies.

• Preparation of monthly & annual budget and planning.

• Preparation of departmental expense analysis sheet.

• Updating and monitoring of costing incurred on daily basis for ongoing projects.

• Generation and submission of invoices to the clients on completion of different phases of the ongoing projects as per the terms and conditions agreed upon in the contract.

• Dealing with banks.

• Verification of markup charged on loans.

• Verification of pre and post shipment costing, contribution margin calculation.

• Monitoring aging of receivables, loans and advances to employees, advances to and from customers.

• Arrangement and verifications of reconciliations with parties and intergroup companies.

• Approval of all vouchers.

• Submission of sales tax return.

• Approval of monthly and annual withholding tax statements.

• Approval of salary sheets.

• Approval of employee’s old age benefits contribution.

• Approval of social security contribution.

• Monthly stock verification.

Designation: In charge Accounts Trading Imp,Exp & Construction Industry Sep-06 to Jan-08 Organization: DESCON Corporation (Pvt) Ltd Report to CEO, GFC, GMO

• Preparing and finalizing monthly and annual consolidated overall and business area wise accounts of the company consisting of current month and year to date actual figures with comparison with budgets figures of current month and year to date budgeted figure including notes to the accounts of the last month and current month.

• Calculation of ratios business area wise.

• Calculation of key profitability indicators.

• Preparation of margin analysis sheets.

• Preparation of departmental expense analysis sheet including therein comparison with budgets and variance analysis.

• Preparation of cash flow statement of current month and forecast for next month.

• Preparing and finalizing rolling cash flow of current month with comparison with the current month forecast and analyzing the variance also includes forecast for next 3 months.

• Monthly financial review for discussion with management regarding the performance of the company future business, identification of weak areas and suggest remedies.

• Dealing with banks for arrangement of running finance facility, bid bonds, performance bonds, FATR (finance against trust receipts) arrangements and bank transfers.

• Preparing and monitoring cash flow/cash forecasting and bank position for day to day requirements.

• Preparation of monthly & annual budget and planning.

• Monitoring aging of receivables, loans and advances to employees, advances to and from customers.

• Preparation of product costing sheet for entering into stocks.

• Approval of salary sheets.

• Approval of monthly sales tax return.

• Approval of monthly withholding tax return.

• Quarterly advance tax submission.

• Approval of all vouchers.

• Approval of employee’s old age benefits contribution.

• Approval of social security contribution.

• Verification of markup charged on loans.

• Arrangement and verifications of reconciliations with parties and inter group companies.

Designation: Assistant Manager Accounts Telecommunication Industry Nov-02 to Jun-05 Organization: Union Communications (Pvt) Ltd-Lhr Reporting to: CEO, DF, FM

• To assist in preparing and finalizing the account of the company.

• Preparing and monitoring cash flow and bank position for daily requirement.

• Monitor & control of computer system (general ledger system).

• Preparation of monthly & annual budget for head office & regions.

• Daily checking of cards issuance to regions on daily basis.

• Monitoring stocks of 25 regions on daily basis.

• Reconciliation of stock reports.

• Monthly stocktaking.

• Arranging funds for making payment of corporate bills for regions.

• Preparation of monthly/annual statement of employee’s income tax deduction.

• Preparation of monthly/annual statement of party’s withholding tax deduction.

• Monthly deposit of sales tax return.

• Ensuring cash sales duly deposited into company’s bank accounts.

• Preparing reconciliation reports of regions on monthly basis.

• Approval of salary sheets.

• Calculation of mark up on loans.

Designation: Manager Accounts Packaging Industry Mar-99 to Nov-02 Organization: NASCO Packaging (Pvt) Ltd-Lhr Reporting to CEO, DF, GMO

• To assist in preparing and finalizing the annual accounts of the company.

• To prepare monthly cash flow statement with analyzing and reporting the changes in working capital for managerial forecast.

• Monitoring cash flow and bank position for daily requirements.

• Prepare monthly bank reconciliation statement.

• Preparing and finalizing of social security contribution.

• Preparing and finalizing of employees old age benefit contribution.

• Preparing and finalizing of education cess payable.

• Preparation of monthly /quarterly schedules of debtors & creditors.

• Reconciliation of employee’s loans and advances accounts.

• Preparation of monthly/annual statement of party’s withholding tax & employee’s income tax deducted.

• Daily monitoring of sales tax and purchase invoices including their valuation.

• Preparation of stock transfers vouchers & stock adjustment notes.

• Monthly deposit of sales tax return.

• Monthly stocktaking.

• Checking of salary sheets.

• Preparation of purchase orders, transfers notes, purchase requisitions.

• Monitoring of production reports.

• To handle books of general ledger, cash book, debtors, creditors, purchase & sales register.

Professional Qualifications

• ACMA Institute of Cost & Management Accountants of Pakistan Lahore 2008

(Associate Member No A-4307)

• Masters of Finance Institute of Administrative Sciences (P.U.) GPA 3.45 Lahore 2005

Academic Qualification

• B. Com Hailey College of Commerce (P.U.) 1st Div Lahore 1997

• F.S.C. (Gen. Science) Government College University 1st Div Lahore 1994

• Matric (Science) Divisional Public School 1st Div Lahore 1992 Computer and Software Literacy

• Implemented SAP-B1 at Leathertex Gloving (Pvt) Ltd

• Experience of Implementing and working on Oracle Financials at Descon Corporation (Pvt) Ltd

• Experience of working on Peach Tree Accounting for Construction at 1st Technical Contracting Co

• 2 months course on advance excel including financial model ICMAP Lahore

• 2 week Course on Advance excel-2007 using VB applications ICMAP Lahore

• Worked on various fully computerized Accounting Software’s consisting of integrated modules

Personal Profile

• Fathers’ Name Malik Khalid Latif

• Date of Birth 1st October, 1976.

References

• References will be furnished upon request.

Contact this candidate