Financial Sap

SHAHNAWAZ HABIB

OBJECTIVE

To be a part of organization that makes the best use of my abilities and providing me the opportunity to be excelled and grow professionally in the long run.

CAREER SUMMARY

Expertise to prepare financial, costing, budgeting, planning report and variance analysis, dealing with import/Export procedures, banking matter dealing with banks, Leasing and Insurance matters, and having exposure of SAP & ERP modules, Data Management – MIS reporting systems.

EXPERIENCE

2019-Present Al-Futtaim (Retail) www.alfuttaim.com

Sr. Accounts Supervisor

Key responsibilities include:

Preparation of MIS Reporting.

Review Accounting Transaction in SAP

Interact with various department to review & validate financial information for budget vs actual

Extraction of monthly trail balance and analysis of variances in any head of TB

Preparing financial reports by collecting, formatting, analyzing and explaining information on monthly and quarterly basis

Preparing presentations to Board of Directors, top management & CFO

Provide input into department's goal setting process

Controlling and approving the CAPEX & OPEX

Ensure compliance with treasury requirement as defined by the relevant regulatory authorities (Government, Central bank, other authorities)

Defining financial situation by completing quantitative analysis and evaluating the optional plans by identifying outcomes and potential returns

Attending internal & external Auditors and responding to their queries

Intercompany Monthly reconciliation and follow-up for the differences

Validate WHT & VAT and reconciliation

Work closely with business managers to maintain a focus on current and future financial needs in order to satisfy business needs

Compile and analyze accounting records for the budget, and analyze for each department

Summarize budget and submitting recommendations

Develop financial reports, P&L, cash flow, financial statement and other schedules and reports

Monitor and ensure compliance with statutory financial reporting policies/ standards (SOCPA/ IFRS) and submission timelines

Supporting the top management in taking decisions, by giving and presenting the required reports

Supervise yearly Statuary Audit

Provide clarity around audit questions and detailed informational needs, and communicate audit progress and results by providing specific, value added feedback to management

2016-2019 Arabian Agricultural Services Company (ARASCO) www.arasco.com

Senior Analysis Budgeting & Reporting

Key responsibilities include:

Budgeting and forecasting with periodical controls, variance analysis

Prepare and submit yearly budget plan to office of Budget Planning

Prepare budget upload file for SAP by cost center

Monthly reviewing of (Open PO’s) Financial Commitment of CapEx & OpEx and Cash Flow Reports

Generate variance reports.

Month End reporting analysis including Roll Forward reporting and Capital Expenditure reporting

Providing support for external audit and tax requests

Reconciliation of VAT and With Holding Tax and provide related document.

Monitoring and tracking of capital projects

Prepare Weekly & Monthly KPI’ reports for management review

Sales Volume, Group Margin & Variance analysis report

Product Costing & Wastage monitoring with analysis & Variance reporting.

12 Week Rolling forecast report

Prepare numerous ad-hoc financial report for management

Manage and analyze a wide range of financial management

Actual to budget / forecast variance analysis

Monitor gross pay and operating expenditures

Process various Journal Entries, Non-PO vouchers, Purchase Order Requisitions, Contracts.

Prepare monthly financial statement

Preparing Weekly Overhead forecast and monthly overhead variance comments presentation for management review,

Preparing management accounts and review supporting schedules.

Monitoring and analyzing financial reports and records, communicating them at regional level and pro-actively identifying issues and initiating corrective actions where needed.

Ensuring selected financial reports for management papers are compiled.

Control & Review General Ledger posting and analysis in SAP from Location,

Prepare MIS report and circulate to region for control weekly and Monthly transaction,

SAP Modules:

SAP- IS Retail ECC 6.0

SAP- BPC 7.5 for budgeting, forecasting, variance reporting.

SAP- BI (Business Intelligence Tools for analysis of customer Performance & Profitability route data)

2012-2016 Almarai Group of Companies (www.almarai.com)

Accounting Supervisor

Key responsibilities include:

Financial Planning and Reporting

Preparing budgets and reports including consolidation of branch budgets, as well as preparing revised forecasts.

Preparing Weekly Overhead forecast and monthly overhead variance comments presentation for management review,

Preparing management accounts and review supporting schedules.

Arrange Meeting with local external auditors to review issues arising from audit work audit effectiveness, and management letter comments.

Monitoring and analyzing financial reports and records, communicating them at regional level and pro-actively identifying issues and initiating corrective actions where needed.

Ensuring selected financial reports for management papers are compiled.

Control and Review data posting in SAP from Location,

Prepare MIS report and circulate to region for control weekly and Monthly transaction,

Monitoring and Controlling

Reviewing operating statements and general ledger in SAP as well as authorizing report distribution.

Prepare MIS report and circulate to region for control weekly and Monthly transaction,

Reviewing debtor’s reports on daily basis and prepare monthly debtors’ presentation for management review,

Review debtors rebate release and calculation based on customer agreement and prepare accrual and release report on monthly basis,

Attending variance review meetings and ensuring that corrective action is taken,

Prepare monthly overhead Budget v/s Actual Variance and actual v/s forecast analysis report with reason for management review,

Internal Controls

Reviewing controls, accounting and reporting procedures and recommending implementation of new internal controls,

Addressing and documenting any deficiencies or business productivity and efficiency opportunities.

Maintaining accurate financial reporting and compliance with policies and procedures

SAP Modules:

SAP- BPC 7.5 for budgeting, forecasting, variance reporting.

SAP- R3P for financial reporting by Cost center & profit center

SAP- BI (Business Intelligence Tools for analysis of customer Performance & Profitability route data)

2006-2012 Rasul Group of Companies BAKE PARLOR (Brand Name) www.bakeparlor.com

Assistant Manager Finance

Responsible for managing the Accounting, Financial Reporting and Taxation function of following Group Companies:

Rasul Flour Mills (Private) Limited (Bakeparlor)

Hassan Traders (Private) Limited

Ghulam Hassan Ghulam Rasul

Following are the areas of responsibilities

Preparation and presentation of all financial information to strict reporting deadlines, including quarterly, half yearly and annual consolidated financial statements,

Review of each financial statement line items (Fixed Assets, Revenue, Taxation etc.) with Accounts Officers,

Development and implementation of improved month end closing procedures resulting in a more time effective month end close, monthly reporting and monitoring of KPI’s of the Accounting department,

Preparation of all budgeting and forecasting processes,

Coordination with lawyers and auditors for the annual audit of financial statements for Rasul Flour Mills (Private) Limited,

Review of withholding tax statements, sales tax returns and preparation of annual income tax returns,

Coordination with tax advisors for resolutions of queries raised by the tax department,

Preparation of statements and other supports to be presented in assessment and appeals proceedings,

Advising management about the optimum tax structures for new transactions and agreements,

Supervise of Tax (Sales Tax Return & Withholding Tax Return E-filing)

Review Debtors Status Reports

Prepare Cash Flow & Managing payments

Physical Stock Verification in all Flour Mills every month and prepare stock reports for banks

2005-2006 MCB BANK LIMITED www.mcb.com.pk

Cash Officer

Cash Receipts and Payment (Taller)

Clearing, Posting and Issue banking instrument

Account opening procedure

Customer Support

EDUCATION

Master in Business Administration (Finance)

2008-2011 Khadim Ali Shah Bukhari Institute of Technology 3.10 CGPA

Bachelor of Commerce

2002-2005 Karachi University 2nd Division

Intermediate – Commerce

1998-2001 Karachi Board 2nd Division

Matriculation

1996-1997Karachi Board 2nd Division

COMPUTER PROFICIENCY

Proficient in Ms-Office

ERP Accounting Software

Good Know how of development and operating ERP Modules, MIS Report,

INTERST

Table Tennis, Cricket, reading marketing and economics articles

PERSONAL INFORMATION

CNIC 42501-0918778-1

Date of Birth 05-04-1983

Father Name Habib Ahmed

Contact No. +966-*********

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

Passport No. AV6037781

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