Financial Accountant

Personal Info: Salamat Ali Raja

DOB: March **, 1976

Islamabad, Pakistan.

Cell. +923*********

Skype: salamat4000

**********@*****.***

Objective: To develop my career while acquiring the core financial and management skills.

To become better future finance professional-well equipped with the necessary skills and acumen, this can benefit both the employers and me. Keep me aware of the latest practices and developments in the profession, the core values the accountants work on i.e. Integrity, Loyalty and Objectivity.

Experience:

Organization Pak Steel (Farid Holdings Group)

Organization Type Manufacturing & Trading of Rebars & Sectional Steel

Web Address www.paksteel.com

Designation Manager Finance (Group Treasury)

Location Islamabad, Pakistan

Type of Experience Full Time

Tenure Mar-2014 – Present

Description Manage all group treasury functions and financing requirements through liaising with banks and financial institutions. Pursue and closely monitor day to day Opex & Capex and approvals. Financial modeling and analysis for the new projects. Costing of products and major buys and sells analysis. Responsible for the Profit & Loss account and balance sheet. Plan, organize and implement financial and administrative policies of the company to effectively run the day to day business. Prepare financial plans and budgets to guide the management to adopt rationale decisions making process in the light of financial feedback to achieve the financial goals. Manage the entire business units and assure that the lean process is followed. Assure the senior management and board of directors of the smooth operations and optimal use of resources. costing/pricing for the products. Manage the entire business and devise the internal controls strategy and procedures to exercise effective corporate governance. Responsible for the overall commercial, financial and technical aspects of the business.

Experience:

Organization Supreme Fuels Trading FZE

Organization Type Trading-Fuels (Enterprise of Supreme Group B.V. NL)

Web Address www.supreme-group.net

Designation Finance Manager

Location KAF, Kandahar Airfield, Afghanistan.

Type of Experience Full Time

Tenure June-2011 – Oct 2013

Description Prime Objective is to organize and manage the finance function for KAF

Finance operations. Guide and supervise the G.L operations and train the staff regarding accounting treatment for transactions related to various assets and liabilities. Preparing financial statements quarterly, tertiary and annually. Point of contact (POC) for internal and external audits quarries.

monitoring performance and efficiency, analyzing change and conducting risk assessments. Participating in strategic planning, and formulating long-term business plans. Researching and reporting on factors influencing business performance. Conducting reviews and evaluations for cost-reduction opportunities. Ensure proper and healthy cash flow. Develop budgets and forecasts and reporting KPIs and the deviations from standards. Managing the project for extension or new facility and evaluate the project returns and whether the project should be undertaken? Communicating the budget to each department and inform them of the spending behavior and budget utilization to control and remain within limits. Improve company profitability by efficient working capital management through reducing overall outstanding with our customers by improving collections. Suggest/implement ideas to improve the financial performance of the company. Ensure all documentation is maintained to the highest standards and compliant with the Supreme policies and Audit requirements. Implementation of IFRS across the BSU’s through simplifying the IFRS adoption approach and disseminate to Financial Accountants.

Experience Organization Jotun Paints Company (JPC) Muscat-Oman

Web Address www.jotun.com

Organisation Type Chemicals-Paints (Subsidiary of Jotun AS Norway)

Designation Accounting Manager /Dy. Finance Manager

Location Rusayl Industrial Estate, Muscat Oman

Type of Experience Full Time

Tenure March 2008 – Jun 2010

Description Plan, organize and implement the financial strategies to increase the profitability. Preparing the annual budget and communicate to the relevant departments and give them feedback of spending behavior to control the costs. Forecast cash flows and responsible for CAPEX/OPEX reports on monthly basis. Look after Capex and capitalize the assets after the work is completed. Evaluate the new projects (Capex) using DCF methods and NPV and facilitate the management to set up new production lines or extension of current facility. For the proper control systems in place, collecting supplier’s statements and reconciling before making the payments to all local and international suppliers. Running the Cost Control Reports and making operating costs analysis. Report the variances to management and reporting the Trial Balance after all the reconciliations of Control Accounts with details. Intercompany reconciliation using online system. Preparation of the Financial Statements and preparing the schedules of Fixed Assets, Prepayments, Accruals, expenses etc for the month end close. Liaise with external auditors for the audit engagements. Preparing for the payroll and updating the staff cost ledgers. Following the IFRS and Jotun Accounting Standards for the accounting treatment of various assets and liabilities.

Experience: European Union & Government of Pakistan

Organization Strengthening Of Livestock Services Project

Web Address www.delpak.ec.europa.eu

Organization Type European Union External Funding

Designation Accounting Manager

Location Muzaffarabad, AJ&K, Pakistan.

Type of Experience Full Time

Tenure Apr-2004 to June-2006

Description European Union financial directives compliance and Control of financial expenditure to meet the objectives economically. Assurance of the internal control systems effectiveness. Development of the yearly financial and physical budgets following Preparation of the Financial Statements for onwards reporting to the project management. Follow the Financing Agreement between Government of Pakistan and the European Union. Follow the EC council of ministers directives relating to the payments/disbursements and procurement procedures described in the operating manual for day to day operating of the project finances. Meet the tendering requirements for the procurement. Budget variance analysis and management reports. Looking after the bookkeeping functions and routine payments/disbursements after getting due approval from Director General/ Project Director. Reconciliations and other inventory control systems. Vehicle log books and control on vehicle usage and assurance that the vehicles are being used only for the project objectives. Making administrative arrangements on the visit of European Commission Head of Development and other EC delegates to the project intervention/target areas.

Reasons of Leaving Contract of Employment Ended

System Skills: Skill Name Level Last Used

Oracle Financial Excellent Feb, 2008

BPCS (ERP) Excellent June 2010

MS DYNAMICS AX Excellent Working on It

Education

Degree Name ACCA-Certification

Level Attained Intermediate (7 passes out of 14)

Institute Association of Chartered Certified Accountants

Address United Kingdom

Majors Accounting & Finance, Audit, Tax, Performance Management.

Degree Name Bachelor of Commerce

Level Attained Bachelors Degree (2-3 Years)

Institute University of the Punjab

Address Lahore

Majors Accounting & Finance, Bookkeeping, Commerce

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