Management Accounting, Cost Accounting, Budget, Cost Control

Hafiz Muhammad RIZWAN +974-****-**** ***********@*******.***

Date of Birth June, 1979

Nationality Pakistani

Visa Status on company work permit (in Qatar)

Notice Period Two Months

Driving License UAE/Qatar

Profile Summary .

Fifteen years’ experience in Accounts and Finance within various markets including a successful career in Oil & Gas, manufacturing, textile and Consultancy & Project Management covering most of the Middle East region.

Expertise in budgeting, forecasting, cash flow, revenue and cost recognition.

Strong business & financial analytical and project management skills.

Proven managerial and leading skills, working under pressure, multitasking, handling complex situations, team building and financial Compliance, planning & controls, SOX and FCPA.

Self-driven and motivated with vast knowledge of accounts & finance, procurement, trade finance, inventory management, fixed assets, job order costing, operational finance, project accounting, management accounting & reporting.

Extensive experience of implementing ORACLE & JD Edwards

Good knowledge of US GAAP and IFRS.

Over ten years’ experience of finalizing audit with big four audit firms.

PROFESSIONAL EXPERIENCE – Qatar, UAE, Bahrain & Pakistan (Oct’2000 to May’14)

1)ASTAD Project Management - Qatar General Ledger Accountant

(a Qatar Petroleum and Qatar Foundation Joint Venture) May’14 to date

Currently working as GL Accountant with ASTAD Project Management. ASTAD provides construction and project management, engineering and consultancy services for complex infrastructures and iconic buildings across the region.

Major responsibilities include:-

Responsible for the accounting of subsidiaries across the region.

Maintaining General Ledger

Managing treasury function

Responsible for accounting and capitalization of assets

Performing various month and year end close activities

Handling banking activities

Coordinating with banks

Preparing actual and forecasted cash flows – cash management

Preparing balance sheet schedules

Conducting audit for petty cash

Working with management to review and revise the financial policies and procedures

Preparing variance analysis reports and providing comments

2)Weatherford Oil Tool Middle East Ltd - Dubai (Accounts Supervisor)

(Group Company of Weatherford Int’l Inc. USA) (Feb 2008 to May 2014)

Worked as Accounting Supervisor (in the capacity of Financial Controller) in Weatherford Oil Tool and responsible for all accounting and financial functions of over 12 countries with twenty direct and dotted line reportee’s from across the Middle East & North Africa (MENA) region.

Prime Responsibilities included to: -

Supervise all the activities of accounts/finance department of Pipeline & Specialty Services (PSS) for MENA region with more than twelve (12) active country locations

Work with management to ensure all the financial activities of the product line (PSS) are being carried out as per the policies and procedures set out by the corporate

Perform accounting and financial reporting functions for management and external reporting needs like auditors, tax authorities etc

Perform and supervise the month and year end close activities

Prepare revenue and costs forecasts and annual budgets

Supervise and analyze revenue and costs to ensure adherence to policies and standards

Work on financial, SOX, DNV, FBI, tax and any other special audit requirements

Plan, organize, review and evaluate the work of the staff

Perform various detailed month end allocations of shared/head office costs

Review the Balance Sheet schedules and various account reconciliations

Prepare the comparative financial statements and provide analysis to the management

Coordinate with the clients and vendors for resolution of disputes

Oversee Accounts Receivable and Accounts Payables

Analyze and evaluate the procedures and Re-Engineer the processes wherever required to enhance the compliance and controls

Check and approve the employee expense reports as per the company policy

Conduct audit of petty cash, purchases and inventories.

Ensure adherence to company policies and effectiveness of internal control process.

Monitor cash flow to ensure effective disbursement of funds, achieve credit control target for days receivable and manage DSO & TTI

Lead the special assignments of financial compliance, planning & controls.

Reported to Regional Financial Controller

3)Oriental Press – Dubai (Accountant) (Branch of UK based Company) (Sep, 2006 to Feb, 2008)

Major Responsibilities included: -

Managing Accounts Payables Section

Job Order Costing – Independently handled all activities

Managing Local & Foreign Bank Accounts – Finance Management

To assist Manager Accounts in Finalization of monthly MIS

To coordinate with External Auditor to finalize financials

Conducting monthly stock audit

Reported to Manager Accounts

4)Manama Textile Mills WLL - Bahrain (Accounts Officer) (West Point Home Group, USA) (Feb, 2004 to Sep, 2006)

Home Textile group of companies with Ginning, Spinning, Weaving, Processing, Dyeing, Printing and Denim facilities globally in Middle East, Europe, Asia & USA which are producing a vast range of Textile products from raw material to finished consumer goods like Bed Sheets, Jeans etc…

Major Responsibilities performed: -

Preparing Monthly, Quarterly & Annual accounts

Preparing monthly MIS reports – Management Accounting

Reconciliation & Valuation of Raw Material & Finished Good

Conducting Monthly Physical Stock Counts

Handling Trade Finance activities including: -

Finance Management

Discounting of export documents

Foreign Exchange Transaction – Conversion, Forward Booking

Handling Letters of Credit (L/C), bank guarantees and bonds

Preparing daily/monthly cash flow statement

Reported to Chief Financial Officer

5) Blessed Textile Mills - Pakistan (Accounts Officer)

(Hush Puppies Group) (Oct, 2002 to Feb, 2004)

(Textile group of companies producing Yarn & Greige Fabric & makers of world famous shoes brands HUSH PUPPIES & CATERPILLAR)

Main Job Responsibilities Performed: -

Finalization monthly sales & purchases

Calculation & valuation of monthly Work in Process (WIP)

Store Inventory Management

Handling Accounts Receivables & Collections

Reported to Director Accounts & Finance

6) Kohinoor Raiwind Textile Mills Ltd - Pakistan (Accountant)

(Kohinoor Maple Leaf Group) (Oct, 2000 to Oct, 2002)

The third largest export based Textile group of Pakistan having Weaving, Processing, Dyeing & Printing, Hosiery and Knitting Projects all over the country.

Reported to Finance Manager

Main Job Responsibilities Performed: -

Preparation of Employees Payroll, tax handling and all related matters

Managing Payables & Receivables – Cash Management

Processing Land and Sea Freight Transactions

Handling local & foreign currency Petty Cash accounts

IT, Computer and Financial Tools & Packages Skill Set .

Excellent Command over: -

JD Edwards - Oracle ERP system

Oracle ERP R12 (AP, AR, GL, CM, Fixed Assets, iExpenses)

General Ledger Inquiry tool (GLI – a reporting tool) v6 & v9

Hyperion – HFM, Essbase, HsGet, SmartView etc.

Good experience of:-

Sage 50 (Peachtree) Accounting System

Financial, Inventory & Payroll Packages developed in FoxPro, VB & .net

AS – 400 IBM

Tally financial system

Basic knowledge of writing queries in Showcase (a reporting tool)

Over fifteen years of advance level experience of operating:

M.S Windows (all versions)

M.S. Office (all versions)

Capability to understand and operate any I.T financial package in short time

Professional Achievements and Skills .

Worked as Systems Coordinator for the Development & Implementation of ORACLE ERP Package in Kohinoor Textile.

Member of steering committee for implementation of ORACLE ERP in ASTAD

Developed Job Order Costing process in Kohinoor Textile

Worked as Trainee in Marketing, Export & Internal Audit

Member of committee on Business Process Re-Engineering (BPR).

Contract interpretation skills.

Attended seminars/workshops on Accounts/Finance in Europe & Pakistan

Certifications, Studies and Courses .

FCPA and anti-bribery legislation

International Bribery and Corruption acts

Anti-Corruption laws

Essentials for Enterprise Excellence

Global QHSSE policies and Environment study

Health and safety practices

Safe Start, RADAR

Code of Business Conduct

Academic and Professional Qualification .

Bachelor of Commerce (B.Com) 1998 – 2000, Punjab University, Lahore, Pakistan

Certified Management Accountant (USA) – in progress

Communication Skills .

English Expert

Arabic Basic

Urdu Native

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