Accounts & Finance

Ajaz Muhammad

Accounts & Finance Professional

Cell #: 009*-***-**** 527

Email ID: *************@*****.***

LinkedIn: https://www.linkedin.com/in/ajaz-muhammad-manager-finance-855b8629/ Skype: ajaz.muhammad4

Karachi, Pakistan

Why Ajaz?

Result-oriented professional experience in various aspects of accounting management.

Outstanding record of achievement in implementation several projects to ensure company growth.

Skilled team player in building and facilitated an atmosphere to balance high-level of competencies with optimum productivity.

Self starter and organized individual who is able both to work independently and as part of a team to accomplish company objectives.

An effective communicator, team builder and analytical problem solver who apply management direction toward achieving company's goals. Areas of Strength & Skills

Comfort-ability with Accounting software

Management Reporting (P&L, Balance Sheet & Cash Flow Statements)

Managing complete accounting operation (Receivable, Payable, Invoicing, Reconciliation)

Budgeting

Taxation

Analytical Skills

Team Management

Ability to meet deadlines and reduce panic under extreme pressure

Effective communicator

Professional Experience

Optimus Technology (Pvt.) Limited

Optimus Technology (Pvt.) Limited is a transportation network company operating an app-based car & Rickshaw booking service with the brand names of Optimus Now & Rocket Rickshaw. Working as “Manager Finance”, November- 2016 – Present Responsibilities/ Accomplishments:

Manage daily operations as head of accounts department including:

Month end closing

Budgeting

Taxation

Accounts payable/receivable

Payroll and utilities

Revenue and expenditure variance analysis

Maintaining fixed assets register

Monitor and analyze accounting data and produce financial reports & statements (Profit & Loss, Balance Sheet & Cash Flow)

Improve systems and procedures and initiate corrective actions

Report to management on variances from the established budget, and the reasons for those variances

Ensure the timely reporting of all monthly financial information.

Establish and maintain files and records to document transactions Also supervises Optimus Limited ‘Hertz’ (Sister Company) Accounts department in following matters:

Supervise invoicing team

Supervise receivable

Verification of all vouchers in system

Reporting of revenue analysis & reasoning of variances Top Link Contracting & General Transport LLC

Top Link Contracting & General Transport LLC and its Group of Companies are one of the well-established contracting companies with its dedicated aims to serve the best services in U.A.E. market. Working as “Accountant”, February- 2016 – October- 2016 Responsibilities/ Accomplishments:

Successfully supported as an active member in implementation of ERP (FACTS) Accounts & HR Module.

Collect employee’s time sheets from several working sites (RAK, BESIX, Academic City, Al Sajjah, Habshan, Jabal Ali) of group of companies

Process payroll for more than 800 employees, follows WPS procedure

Resolve payroll discrepancies by liaison with operational/site managers & foreman

Process authorized deductions and allocations of labor costs as part of job costing

Facilitate the electronic transfer of salaries and wages

Assist with the preparation of the annual salaries and wages budget

Ensure that all employee payroll information and documentation and records are received, accurate and complete and maintained as required by statute and policy

Manage successfully complete payable process (03 way matching) from PO & work order verification, bill recording till payments with utilities & advance payments.

Reconciliation of bank statement & ledgers

Coordinate with internal & external auditors during audit

Prepare reports as per the requirement of the management Hertz Pakistan “Optimus Limited”

Optimus Limited is the licensee of Hertz in Pakistan. Being recognized as the largest vehicle rental and operating Lease Company.

Promoted to “Manager Finance”, September-2014 – November- 2015. Responsibilities/ Accomplishments:

Supervises, directs, and reviews the work of the accounting staff (including, cash reconciliations, bank reconciliation, accounts receivable transactions, fixed asset activity, payroll recording & disbursement, accounts payable transactions, recording of revenue and expenses.)

Finalization of trial balance for monthly and annual closing

Assisted in preparation & analyzing of Income Statement & Balance Sheet

Define a procedure to make sure timely receiving of vendor’s bills from concern department

Monthly accruals & prepaid expenses for monthly closing

Working on P&L notes, giving reasoning on variances

Finalization of south monthly revenue

Supervision of south invoicing:

Dealing with clients and operation on issues in invoices

Review of rental agreements with clients and supervise management of rates in system

Signing of invoices, credit & debit notes

Monthly revenue analysis and executive summary

Implements recommendations to improve accounting processes and procedures

Reviews general ledger on a monthly basis to ensure accuracy of posting

Verification of accounts entries in system

Supervision of South region petty cash

Managing daily bank balances

Liaison with other departments and business units on a range of issues

Coordination with external & internal auditors during Audit Promoted to “Assistant Manager Finance”, May-2013 – Aug-2014 Responsibilities/ Accomplishments:

Preparation of periodical creditors aging

Responsible for processing timely vendor’s monthly & routine payments

Preparation of periodical bank reconciliation statement

Check & verify chauffeurs payroll, loan & leaves adjustment in system

Incorporating in GL monthly accruals & prepaid expenses for monthly closing

Maintain Checking and reconciliation of fixed assets register & record depreciation

Over all handling of sales, purchase & total loss of fixed assets on monthly basis

Preparation of depreciation schedule at national level

Coordination with external & internal auditors during Audit

Preparation of schedules for audit.

Promoted to “Sr. Account Officer”, May-2011 – April-2013 Responsibilities/ Accomplishments:

Checking and posting of vendors’ bills along with complete supports

Preparation of periodical creditors aging

Handling of south region finance petty cash

Preparation of routine payments including vendor’s payments, utilities, others

Preparation of periodical bank reconciliation statement and updating fund position

Assisting in monthly chauffeur’s and management payroll working and disbursement

Monthly physical stock taking of spare parts in workshop and reporting of stock taking report

Prepare reports as per the requirement of the management Joined as a “Collection Officer”, December-2008 – April-2011 Responsibilities/ Accomplishments:

Achieved receivable targets as per monthly plan

Reconciled more than seventy debtor accounts for getting actual receivable figure

Decreased the bad debts & get recovered 2.1M.

Prepare and manage debtors aging

Responsible for daily collection and consolidated collection report

Correspond with customer regarding details and to claim for the payment of their outstanding balance

Review general collection accounts

Coordinate with operation and Invoicing departments for the resolution of customer quires to expedite the processing of invoices for payment

Prepare reports as per the requirement of the management C.P.I (Chipa Paint Industry – SASSI Paints)

CPI manufactures of Decorative & Industrial oil paint & distemper (SASSI). Worked as “Assistant Accountant”, March-2008 – September-2008 Responsibilities/ Accomplishments:

Incorporation of data in computer system visual basic & oracle based software

Prepared daily sale invoices and checking delivery challans

Preparation of bank reconciliation statement

Handling of petty cash

Closing of daily cash book

Manage the record of debtors & creditors

Cross check of daily stock with daily sale report Academic Education

MBA (Finance) from KASBIT (Khadim Ali Shah Bukhari Institute of Technology),

B.Com from Karachi University,

Others Certificates

Computerized & Manual Accounting Training

o Tally09

o Peach-Tree

o Quick Book

Software Proficiency

Sidat Hyder Financial

Tally09

Peach-tree

Quick Book

MS Excel & Word

Workshop & Achievements

Attend workshop on “Wining Teams”.

Received Employee of the Month award in Aug-11.

Setup Accounting system for company “Optimus Technology Pvt. Limited

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