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Manager Accounting

San Diego, California, United States
US$ 80000
November 05, 2019

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Farooque A. Khan

***** ****** ******* ***** ***. 7, San Diego, CA 858-***-****

ACCOUNTING, FINANCE & BUSINESS ANALYSIS PROFESSIONAL FINANCE & ACCOUNTING CONTINUOUS PROCESS IMPROVEMENT BUDGETING BUSINESS ANALYSIS Key Contributor with professional Certification: Strong background in financial accounting, reporting and business analysis. Knowledge of International & US GAAP accounting practices and procedures. A qualified Chartered Certified Accountant of United Kingdom, a globally recognized certification which grooms to international Accounting and Financial Reporting Standards. Moreover, it provides adaptability skills in professionals to understand and apply other countries standards like GAAP of United States.


Successfully implemented Oracle project in 2013 for 4 countries of Baskin Robbins Ice Cream in Dubai & the Middle East

(complete cycle from requirements gathering, as is study till go live as a Team Leader for all finance module users).

Supervised financial budgets for five companies within the group of Baskins Robins Ice Cream, had over 600 parlors/stores across Middle East, 160 parlors alone in the UAE.

Lead team member for study, development and implementation of financial policies within all five countries – a project of 10 policies development including, fixed assets, receivables, customer discounts, revenue recognition, stores development, Insurance etc.

Process development with Supply Chain to successfully automate import and export system set up in Oracle for Vehicles order, confirmation & revenue recognition.


ERP Oracle Implementation Finance modules (User)

User of ERP Systems, Applications & Products (SAP)

Change Management

Completed online Course of US GAAP

Decision Making & Problem Solving

Workshop on Qatar – Tax & Beyond


Toyota Marketing & Sales Company – Industry (Automotive Import & Trading) Nov 2015 – Nov 2019 Finance Manager – Worked in Oracle Financial

Reported to: Finance & Managing Director

Reported by: Team of 2 Accountants

Accounting & Internal Controls

Active involvement & achievement in timely month-end accounts closing of all accounting modules & reconciliations.

Ensure recording of Journal entries (accruals, provisions, prepaid expenses & amortization).

Monitoring completeness of Revenue Recognition, customer ageing analysis and follow up for timely collection.

Preparation of monthly analysis file for all GL accounts for assurance & control on Balance Sheet & Income Statement.

Approver of supplier payments in the banks as per Manual of Authority. Verification of all controls prior to payment.

Ensure that controls are placed and monitored while transactions are recorded for inherent risk. Budgeting & Reporting

Delivering Financial Reports. Actual vs budget and variance analysis.

Preparation of annual budgets with respect to Revenue, Cost of goods & Operating expenses. Variance on vehicles model wise sales, cost & Gross Profit analysis.

Continuous bi-weekly model wise Gross Profit analysis & reporting to maintain GP % as per budgeted approval. Funds Flow, Policies, SOPs & Other Matters

Monitoring cash and bank daily balances in five banks (15 accounts) and the funds forecast in US$ & Japanese Yen.

Developing, monitoring and control of various Standard Operating Procedures as per company and IFRS requirements.

System development cycle for imports & exports ensuring accurate recording of all aspects of vehicle costs (cost, freight, Insurance, import legalization fees, Bank charges).

Liaising with auditors (KPMG) for interim and final audit. Baskin Robbins Ice Cream Company – Industry (Quick Service Restaurants) Sep 2010 - Nov 2015 Finance Manager – Worked in Oracle Financial

Reported to: Regional Finance Controller

Reported by: Team of 20 Accountants

Posting of entries recorded by the team in different modules (Receivables, Payables, monthly accrual and inventory provision JVs). Ensure that segregation of duties is maintained among all members of the accounting team.

Budgets and financial reports for each outlet and supermarket division.

Extensive analysis on actual and budgeted results of the two divisions of the business, retail parlors and supermarket.

Evaluation of growth of the business as per market share in conjunction with departmental business partners.

Negotiated and calculated numerous policies with insurance companies including, Workmen Compensation, Fidelity, Stores Comprehensive G Liability, Property all risk, Group Life, staff Medical

Train Accounting team in a way to effectively internal control while recording entries.

Supported the operations and business in generating and quantifying cost savings opportunities.

Part of the Management team approving all Purchase Requests & Local Purchase Orders.

Monitored the collaterals received for their due dates & expiries (bank guarantees / PDC etc.)

Monitoring of credit limits of customers and credit worthiness on monthly basis with Group Credit Control Manager.

Liaison with external auditors (KPMG).

Electromechanical Works – Industry (Construction Contracting) Aug 2006 – Aug 2010 Management Accountant – Worked in Oracle Financial

Prepared and interpreted reports, budgets, accounts, commentaries/forecasts and variance analysis

Managed contracts, kept track of milestones for invoicing and payment to vendors

Analysis of Actual Project Costs with monthly estimates and analysis of percentage of completion

Evaluated financial weaknesses and risks of the projects

Liaison with external auditors and &arrangement of information for timely completion of audit

Carried out payable and receivable Management

Conducted reviews and evaluations for cost-reduction opportunities

Monitored and interpreted cash flows and predicted future trends

Managed and supported the finance team in day-to-day accounting including entry in ledgers and reconciliations of balances

Gulf International – Industry (Fast Moving Consumer Goods Import/Trading) Mar 2005 - Aug 2006 Accounts Assistant – Worked in ERP SAP

Recording of journal entries, supplier payable invoices.

Supplier reconciliations, communication with suppliers if any discrepancy.

Calculated rebates & other incentives allowed to customers.

Recording of monthly accrual entries for various expenses.

Sent out foreign supplier’s correspondence for product display budgets & payments.

Prepared customer ageing analysis report, GRV processing and shelf rental reports to compare supplier’s budget & amount paid to customer on behalf of principal



Institute / University Year

Fellow Chartered Certified Accountant (ACCA) ACCA – United Kingdom 2010

Master’s in Public Administration – Finance & HRM University of Karachi 2004

Bachelor in Commerce University of Karachi 2001

IFRS / IAS trainings from KPMG Dubai for 5 consecutive years

Knowledge & applicable understanding of US GAAPs. Completed an online course on US GAAP in Nov-2019 REFERENCES


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