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Accounts Payable Manager Finance

Location:
Karachi, Sindh, Pakistan
Posted:
May 29, 2023

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Resume:

Muhammad Zeeshan Israr

A-*** Farooq-e-Azam Town Azizabad

Karachi – Pakistan

Cell / Whatsapp # +92-33-234*****

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

Objective:

Enhance career by adding value to an organization that offers a high level of challenge, responsibility and opportunity for continued professional growth.

Professional Experience:

Organization :

Faisalabad Oil Refinery Ltd

Designation :

Sr. Manager Costing

Tenure :

From August 2018 to date

Reporting to :

GM Finance

Responsibility :

Product Costing, Pricing, Feasibility Studies, Profitability Analysis, Inventory Analysis, Budgeting and Forecasting, Performance Measurement

Review and monitor Product costing

Daily Pricing of Products in view of international, local and competition market with Internal Costing and Stock levels.

Monitor Landed Cost and its impact on products

Liaison with Sales, Marketing, Production and Regulatory Department for new products registration and variance analysis

Preparation of monthly projections

Prepare and monitor Budgets on a periodic basis

Supervise the day to day costing operations and ensure controls, KPI monitoring and SOP implementation

Prepare feasibility study of new/expansion of business viability

Generate monthly inventory reconciliation & analysis report from ERP

Liaison with statutory auditors

Fixed Assets Management

Responsible for bi-annual physical stock counts

Ensure Accounts Payable for inventory adheres to required standards

Inspect records and systems for further efficiency and effectiveness

Identify potential areas of risk management with financial statistics that can be used to judge the performance of the organization

Prepare periodic analysis (material, sales and expenses variances) along with reasons for major variation.

Ensure compliance with SOPs relating to data-entry and material movement,

Organization :

Thal Limited (Engineering Division)

Designation :

Manager Finance

Tenure :

From October 2008 to July 2018

Reporting to :

Financial Controller

Responsibility :

Financial & Management Reporting, Analysis, Budget and Forecasting, Pricing, Performance Measurement, Internal Controls and Audit.

Preparation of Management Accounts on monthly basis

Preparation of Statutory Accounts on quarter basis

Prepare and monitor monthly projections

Prepare and monitor Annual Budget

Supervise the finance day to day operations and ensure controls, KPI monitoring and SOP implementation

Feasibility study of new product activities

Analysis of Financials, Material Cost and profitability analysis and reasoning for variance

Generate monthly inventory reconciliation & analysis reporting

Power user of SAP

Implemented Investment and Controlling module

Liaison with statutory auditors

Responsible for bi-annual stock count

Prepare Material & Sales variances (price & quantity both) and expense analysis with reasoning.

Monitor and review Product costing

Review landed cost and its impact on products

Liaise with Sales, Marketing, Production and Regulatory Department for new products registration and variance analysis

Organization :

IFFCO Pakistan Pvt. Ltd

Designation :

Finance Executive

Tenure :

September 2007 to September 2008

Areas of Experience :

Product Costing, Payments, Payroll & Expense Analysis

Reporting to :

Manager Finance

Responsibility :

Product Costing, Creditors Control, Internal & External Payments, Payroll, Management reporting, Performance Evaluation of Supply Chain

Review and process supplier payments

Verify payments to field force according to approved policies

Review and process employee-related payments like LFA and final settlements

Ensure payroll and statutory payments are as per approved policies

Prepare various MIS for management reporting.

Variance analysis and reasoning for variance

Prepare Landed cost sheet for Imported Items

Costing for product and projects

Preparation of Budget

Organization :

B. P. Industries Pvt. Ltd

Designation :

Assistant Accounts Manager Internal Audit

Tenure :

May 2006 to September 2007

Reporting to :

Head of Finance

Responsibility :

Cost Controlling, Product Costing, Variance Analysis, Internal Audit

Identify potential areas of risk management with financial statistics that can be used to judge the performance of the organization

Cost controlling activities to keep the costs within acceptable limits

Conduct business and audit risk assessments

Responsible for physical count of Fixed Assets and Inventory

Review all the payments and ensure that payments are processed in accordance with the company policies

Prepare cost budgets

Prepare cost sheets and variance analysis

Monitor inventory valuations

Monthly audit of store, payroll and purchase

Reconciliation of parties accounts

Review various analytical reports on material consumption

Organization :

Nizamia Apparels

Designation :

Assistant Cost Controller

Tenure :

February 2004 to May 2006

Reporting to :

Cost Controller

Responsibility :

Job wise P&L, Product Costing, Pricing, Variance Analysis, GL Control

Prepare of Income Statement

Monitor Trial Balance

Prepare Job Order Cost Sheets for each job

Prepare analysis of Actual Costs with Standard Costs

Responsible for giving Prices for new order

Prepare Cash Flow Statements

Review reconciliation of Debtors and Creditors Accounts

Organization :

Jamal Traders

Designation :

Accountant

Tenure :

June 2002 to September 2003

Reporting to :

Head of Finance

Responsibility :

General Accounting, Payments, Bank Reconciliation & Payroll

Maintain the books of Accounts

Review and update Receipts and Payments

Monitor and keep track of post-dated cheques

Reconciliation of bank accounts on fortnightly basis

Maintain Petty Cash

Prepare invoices and liaise with clients for payments

Maintain and monitor inventory on a monthly basis

Prepare Payroll of employees

Professional & Academic Qualification

Certification/Degree

Institution / University

Passing Year

ICMA Finalist

Institute of Cost & Management Accountants of Pakistan

In progress

Master of Commerce

Sindh University

2006

MA IR

University of Karachi

2004

MA Economics

University of Karachi

2001

Bachelor of Commerce

Premier College

1999

Software Skills

Skills & Abilities

Proficiency Level

ERP SAP R3

ERP Baan

Quickbooks

Business Object

Crystal Report

Microsoft Office

Intermediate

Intermediate

Intermediate

Intermediate

Intermediate

Expert

Achievements

Successful implementation of ‘Activity Based Costing’ and ‘Controlling Profitability Analysis (COPA)

Personal Details

Date of Birth :

1st February, 1979

CNIC No. :

42101-1422260-7

Religion :

Islam

Marital Status :

Married

Reference

Available upon request



Contact this candidate