Accounting Management

Shahid Mehmood

*** * ****** **** *******, ON M*E 1Z6

416-***-**** acr4b9@r.postjobfree.com

Objective

To get a challenging job in an accounting and finance division of highly reputed organization that is expanding and offers opportunity for growth, creative freedom, flexibility, balance and good advancement potential.

Key Qualifications

Advance CGMA Diploma (CIMA UK) ; B.Com (IAF) Seneca College Toronto, CMA Pakistan, 10+ years of experience in financial analysis; strong internal control system; Strong budget development and implementation expertise; cost accounting; financial Management and; strong accounting background;

Managed Accounting & Finance department over 5 years,, In-depth knowledge; experience; design; implementation of, experience in preparation of group financial statements along with financial analysis

Lead on the front in development of business models; preparation of reports to be presented to audit committee, BOD meetings, and steering committee for new project developments

A dedicated individual having ability to lead on front, problem solving skills, proactive team player, extensive software proficient, self-motivator, professionally proficient communication skills, Consistent, integrated, strategic oriented

Computing Skills

Oracle Financials (ERP), QuickBooks, JD Edwards, SAP ERP System, Advance MS- Excel skill, MS-Word, Power point, Internet Explorer, Used various custom made accounting and financial soft wares during work history.

Professional Qualifications

Advance CGMA Diploma (Chartered Institute of Management Accountants U.K) May 2015

C.M.A Pakistan (Member of Institute of Cost & Management Accountants of Pakistan) Nov.2005

Education

Bachelor of Commerce -International Accounting and Finance - Seneca College Final Semester

Bachelor of Commerce - University of Punjab – Pakistan Aug.1993

Professional Experience

Accountant July 2013 to April 2014

Cambridge Heating Cooling Inc; Toronto Canada

Performed daily, monthly and yearly accounting operations; Ensured timely processing of Accounts Payable and Receivables, Monitored A/P Aging, prepared and reviewed vendor statements, processed month end accruals and journalized entries.

Submit monthly, quarterly and yearly remittances to CRA on timely manners and follow up all refunds and disbursements

Prepared daily deposits and daily bank reconciliation statement; Aged analysis and followed up overdue balances, Entered cash, credit sale invoices in sales registers; Prepared vendors & intercompany reconciliation statements in a timely manner and resolved variances.

Achievements

Designed, implemented strong internal control system which satisfied the external auditors and also met requirements to Sarbanes-Oxley Act

Revised minimum stock level which reduced investment in inventory resulting freeing up $ 200,000/

Revamped of intra company transactions resulting in a cost saving of $10,000/ p.a

Financial Controller & Cost Accountant Full- time October 2008 to May 2013

Leathertex Goup.

Prepared monthly financial statements and narrative reports for senior management and finance committee

Developed, Implemented, monitored Accounting policies, procedures, planning, internal control system, worked closely with external auditors, tax authorities and government agencies related to rebates and refunds

Worked closely with manufacturing department managers to develop monthly and annual departmental budgets. Analyzed complete accounting cycle including all income and balance sheet Items and accounted for fixed assets including capital authorizations and depreciation, abided by all plant health, safety and environment rules, regulations, and policies. Managed cash, Accounts Payable and internal audit departments

Developed and maintained standard cost-price model as well as product costing and ensured that these are in time; correct; relevant and ensured that these must be properly incorporated

Job management in a job cost environment through the use of the ERP system, corrected and reported on variances as required, allocated of all job related costs and made adjustments as required

Set up and maintained format files for departmental, variances, cost of sale variance report and general manufacturing, comparing factors affecting prices and profitability of products

Achievements:

Improved bottom line by increasing quality standards established proper receiving and stocking methods and improved team members morale and pride in their departments

Developed and introduced accounting policies and systems for smooth running of accounting department according to IFRS and GAAP

Prepared a report which increased the profitability of the Company by shifting lower price product mix to higher profit items

Senior Financial Analyst Full time Dec. 2005 to Oct.2008

Medical Devices Ltd.

Worked closely with financial manager in development of financial analysis and reported suggestions and improvements requirements to CFO

Analyzed financial statements and periodic budgets, communicated significant discrepancies, suggest resolutions in accordance with set standards and patterns. Performed variance analysis and budget analysis with the goal of identifying areas that may need budget adjustments.

Trained, increased personnel productivity by guiding them in accordance with IFRS & GAAP

Developed and introduced reports to assert any area of further examination in the financial reporting

Achievements:

Prepared and developed internal control model which safeguarded company assets and also mitigated risk involved in inventory theft. Furthermore introduced budget model at all departments level which consequently reduced budget variances by 9%

Reported long term loan analysis report to CFO which saved $ 350,000 annually in interest expense

Professional Experience Continued

Sr. Accountant Silver Star Group Sept 2003 to June 2005

Junior Auditor F.R.N.T.S & Co (formerly Nasir & Co.) July 2000 to Aug 2003

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