Manager Management

Abid Riaz – ACMA, CIMA Adv Dip MA

Associate Cost and Management Accountant

New York, USA

Mobile: 347-***-**** Skype ID: abidriaz7

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

Objective

Seeking a professionally challenging and value-adding role in a dynamic organization which

involves participation in the formulation of strategic plans and decision making that leads to top

managerial responsibilities in a major corporate group.

Chartered Institute of Management Accountants – CIMA

Professional

Education

Advance Diploma in Management Accounting – 2014

Institute of Cost & Management Accountants of Pakistan

ACMA - 2011

University of Karachi

B.Com – 2005

Core

● Financial reporting, IFRS and GAAP

Competencies

●

Banking and Insurance

● ERP implementation

● AP & AR Management

● Payroll

●

Product Costing

● Fixed Assets and Taxation

Finance Manager, Safa Al Jazeera General Trading LLC

Professional

Experience

Dry and Frozen Food Products Trading

Dubai, UAE Nov 2013-Till Date

Key Responsibilities

● Financial Reporting and trial balance review

● Monthly P&L highlighting key trends, indicators, risks and opportunities.

● Collaborated in budgeting and forecasting process

● Managed over 1200 receivable accounts and kept under company policies

● Managing Payables, Cash flows and expense accounts.

●

Coordination with banks.

Accomplishments

●Successfully implementation of Focus 7

●Lead the Corporate accountancy team and meet the team’s objectives as set out in the annual business plan.

●Manage the monthly and annual closing of accounts process and ensure that the statement of accounts is prepared in accordance with accounting standards.

●Profitability Analysis of consignments

Chief Accountant, ACM Gold Jewellery LLC

Physical Bullion Refining, Trading and Forex

Dubai, UAE Jan 2012-Oct 2013

Key Responsibilities

●Preparation, Review and Analysis of Financial Statements

●Preparation and Monitoring Budgets and variance analysis

●Management Reporting and GL analysis.

●Identifying areas for cost cutting and improvement

●Development of financial procedures and policies

●Coordination with banks.

Accomplishments

●Successfully identified and implemented processes and controls to mitigate risks and internal controls weaknesses and gaps.

●Lead the Corporate accountancy team and meet the team’s objectives as set out in the annual business plan.

●Manage the annual closing of accounts process and ensure that the statement of accounts is prepared in accordance with accounting standards.

●Prepare forecasts future revenue budget position to enable the Corporate Leadership team and Members to take decisions on the Budget and Medium Term Financial Strategy.

Manager Accounts, National Gases Limited

Manufacturer and Distributor of Industrial gases

Karachi, Pakistan Jan 2011-Dec 2011

Key Responsibilities

●Preparation of Financial Statements & Financial Analysis

●Critical Evaluation of General Ledgers & Trial Balance

●Monthly MIS and analyze variances

●Supervision of Bank Reconciliation Statements

●Involved with Auditors in internal/external audits

Accomplishments

●Introduced new monthly reports and schedules for several profit centers, resulting in improved decision making for senior management.

●Successful negotiation with the bank for the reduction in annual markup rate up to 1% saving USD 30,000.

●Managed month end closing cycle, organized processes & procedures reduced monthly reporting period from 5 to 3 days.

Senior Accounts Officer, TGL Limited

Manufacturer and Exporter of Denim Garments

Karachi, Pakistan Jun 2009-Mar 2010

Key Responsibilities

●Developed payable and receivable reports

●Reconciliation of Vendor/Customer Accounts

●Managed Non-current Assets and Depreciation calculations

●Completing Complex Bank Reconciliation

●Ensured Month end/Year end closing

Accomplishments

●Developed controls to reduce internal/external audit discrepancies.

●Independently managed over more than 300 clients ledgers.

●Constantly challenged existing processes for efficiency and effectiveness.

Internship, PHILIPS Electrical Industries of Pakistan

Electrical Appliances

Karachi, Pakistan Dec 2007-Mar 2008 / Dec 2008- Mar 2009

Key Responsibilities

●Resolved several queries of external auditors and acted as coordinator between management & auditors.

●Played part in preparation of Annual statutory accounts for 2007 & 2008.

Assistant Accountant, Al Amin Group

Manufacturer & Exporter of Leather Goods

Karachi, Pakistan Jan 2006-Mar 2007

Key Responsibilities

●Timely adjustments for month end closing and Management reporting.

●Recording invoices and managing payables

●Cash-flow & petty cash reporting

Accomplishments

●Successfully reconciled long outstanding advance payments and cleaned up vendor’s ledger from various accounts

●Assisted Manager in reducing backlog and developed charts and presentations in analyzing the financial statements

General

Core Skills

● Hands on Experience on Many Accounting Software Packages

● Extensive knowledge of IFRS and GAAP

● Excellent Decision Making Skills and Superior Analytical Skills

● Outstanding communication and negotiation skills

● UAE Driving License

Financial and Accounting Application

●SAP B One

●Microsoft Dynamics AX 2009

●SAGE 300

●Tally Accounting ERP 9

●Focus 7

●QuickBooks

●Microsoft Word, Excel, Power point 2013, 2010 & 2007

Available upon request.

References

Contact this candidate