Accountant Project
Resume:
Career Summary
Financial Analyst Arabian International for steel structures LLC UAE & OMAN (Promoted) 07/2018- date KEY ACHIEVEMENTS
• Reduced the controllable costs by 10% by deploying cost reduction models and analysis.
• Saved 15% in materials by efficient inventory management and achieve <1% variance on physical count.
• Successfully initiated data migration, overseeing the ERP implementations of Orion & IFS
• Enhance ICV score from 42 to 55.
• Manufacturing system automation for steel fabrication plants RESPONSIBILITIES
In addition to responsibilities under the Cost & Inventory controller role;
• Work closely with all Operational & Support heads as finance business partner.
• Providing analysis and delivering insight that links financial reports to business strategies.
• Support the achievement of financial goals by evaluating annual budget, forecasting trends and variances.
• Performed Yield Analysis, variance analysis & cost reviews to keep costs aligned to budgets.
• Team up with business excellence unit to implement QCD (Quality, Cost & Delivery) strategy and Provide data analysis.
• Point of contact for all cost related communication with BU’s and assess cost-saving claims by each unit.
• Conducting external Audits for Inventory, Cost of sales and Operational expenses part.
• Arrange ICV audits and make a systematic improvement plan to get high scores. Senior Accountant Arabian International for steel structures LLC RAK Plant 04/2010-07/2018 RESPONSIBILITIES
• Monitor GL entries for WIP, Project Accruals, CGS and inventory movements.
• Calculate labour, overhead, material & Subcon costs for the cost of sale calculation.
• Provide analysis of inventory aging & inventory movement reports to top management
********@*****.***
https://linkedin.com/in/muhammad-
adnan-/
NATIONALITY: Pakistani
LANGUAGES: English
Urdu/Hindi Punjabi Arabic
INTERESTS: Reading, Strategy
Games, Playing Football
Muhammad Adnan Rafique
CMA CPA MIPA IFA
Professional Profile
An analytical and detail-oriented finance professional with knowledge of international accounting standards and IFRS’s. Skilled in composing comprehensive and fact-based reports related to projects and operational support. I am skilled and vastly experienced in financial analysis, revenue & cost accounting, budgeting & cost controls, internal controls, Fixed Assets & Inventory controls and Interco reconciliation & consolidation. Employs exceptional interpersonal and communication skills to foster and retain positive, long-lasting business partnership at top level. Currently seeking new and challenging opportunities to leverage existing skills and education within a senior management position.
Core Competencies
Financial Analysis Cost of Sales Project Costing Cost Controls Inventory Management Data Analytics Big Data Budgeting Forecasting Strategic/Financial Planning Internal Controls ERP Implementation Data Migration Automation Leadership Restructuring Conflict Resolution Operational Support VAT
• Maintained project cost sheets - monitor accumulation, allocation and absorption of job-wise costs and arrive at margin work order wise.
• Arrange ICV audits and make a systematic improvement plan to get high scores.
• Carrying out ABC and VED analysis to remove non-moving and reduce slow-moving materials to strengthen cash flw.
• Arrange and conduct interim and annual inventory count, finalized the reconciliation
• Participate in formal meetings, accurately presenting reports of finances to multiple core internal /external groups. Section Head AMCO Apparel MFG Co 08/2008-03/2010 KEY ACHIEVEMENTS
• Completed Master Data cleansing and successful data migration
• Enhanced the budgeting model to make it fair, accurate and uniform across the projects
• Core Team Member for the implementation of Systems, Applications, Products software
• Reduced Non-Moving inventory by 15% & Slow moving 40% by employing reorder level & supplier management
• Reduced errors and streamlined the process for excel data management by automating repetitive tasks RESPONSIBILITIES
• Reconciled control accounts and resolving discrepancies
• Prepared strategic plans, budgets, and financial forecasts
• Conducted external audits and ensuring regulatory compliance
• Instigate material wastage analysis (product mix wise) help to choose optimum product mix and minimized material wastage and steered machine and labour efficiency to increase overall productivity and remain at a steady level.
• Controlled raw material purchases, inventory, and labour Hours for each job
• Provide analysis for material, labour & overhead variances for each job to the top management
• Participating in departmental meetings for review of monthly financial health (including Status of Payables, Receivables, Financing requirements, Future projections and other aspects
• Reviewed bank reconciliation, collection reports, and actual vs budgets
• Examined end to end business processes, identifying and making improvements as necessary
• Functioned as the primary advisor for operational and financial matters, and management of accounting and reporting Accountant Fabcot Internationals (Grey Fabric & Towel Division), Lahore, Pakistan. 10/2005/-07/2008 KEY ACHIEVEMENTS
• Played a key role in the implementation of Peachtree.
• Reduced order time by developing cost calculation template for Towel & Grey Fabrics RESPONSIBILITIES
• Calculated Looms productivity for each product line & introduced concept of throughput costing/margin and recommended to removed certain product lines to increase profitability.
• Developed project costs, calculated costs of sales for each product line and identified profit and loss for each product line.
• Produced weekly, monthly and quarterly collection reports, profit and loss statements, income statements, balance sheets and records of payables and receivables
• Produced template to calculate sales commission for sales team & due payments. Education
Certified Management Accountant (CMA) IMA, USA 2018 Association of Certified Public Accountants (ACPA) 2015 Master of Science (MSC) in Accounting & Finance Bahauddin Zakariya University 2005 Bachelor of Commerce (B. Com – Finance & IT) 2003
Key IT Skills
Oracle IFS ERP Orion MS Office Accounting Software ERP Peach Tree Quick Books H/R/VLOOKUP Excel Macros Ms Power BI Excel Dashboards Pivot Tables & Slicers MS Dynamics 365
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