Mohsin Ali Merchant

ady43p@r.postjobfree.com, ady43p@r.postjobfree.com, +1-949-***-****

Versatile Accounts and Finance Professional who relates to individuals on all levels, can see the big picture, and knows how to get things done.

30+ years of progressive management experience with full P&L responsibility.

Proven ability to reorganize troubled operations.

Strong analytical skills.

Proven problem solver with strong work ethic and ability to motivate staff to excellence.

Astute strategist who achieves bottom-line growth through process improvements.

Innovative leader with a track record of assessing and capitalizing on opportunities to streamline operations.

Excellent organizational skills.

Motivated self- starter with an aptitude for learning new tasks quickly.

Bachelor’s degree in commerce

Chartered Accountant (CA) from Pakistan – like CPA

Computer skills: Hand on experience on ERP Great Plains Dynamics, SAP and Quick Books Manager.

MS Excel, MS word

Professional Experience:

Accountant – Islamic Center of America: Jan 2021 to July 2021- worked as full-fledged accountant responsible for recording all Donations, Fees and other receipts, and all payments and Expenditures in Quick Books, Bank Reconciliations. Also responsible for generating, analyzing all Financial Reports and information.

Accountant – Wayne County Prosecutors Office: Feb 2020 to June 2020 Responsible for recording Grants receipts and expenses in Excel, preparing monthly/ quarterly grant claims, and recording all expenses and initiating payments, reconciling Bank Accounts.

Manager Gulf Operations: 2017 - 2018 Rashwell Company LLC – Establishment/ Management of Logistic Centre in Oman. Selection of site, setting up the warehouse, ordering, maintaining adequate stock levels, supervising day to day deliveries to the customers.

Executive Director - 2015 to 2017 - A medium sized Foodstuff Trading and Distribution Company. SPF Trading Co. LLC

Supervising Accounting and bookkeeping, Setup of Chart of Accounts and all Quick book Reports, participating in management, procurement and selling decisions. Managing relation with Bank, Insurance and Auditors.

Federal Foods LLC - A large Foodstuff Trading and Distribution Company -- Finance Director - 2002 to 2014

Major Duties and Responsibilities: • Oversee all aspects of business unit accounting and coordinating the preparation of all financial statements, budgets and special analysis. Performing financial analysis on SKU; Product, Customer and Channel profitability and identifying cost reduction opportunities. • Oversee the maintenance of the General Ledger and appropriate Sub Ledgers and to ensure accurate and timely preparation of financial statements. • Analyze and understand the main profit drivers of the business and ensure that the business unit is aligned with them. Monitoring CAPEX spending and return on investment. • Ensure timely and accurate monthly reconciliation of all balance sheet accounts including but not limited to inter-company transactions, rebates, inventory, etc. and selected income statement accounts • Responsible for accurate and timely financial reporting to include closing the ledger in accordance with Corporate deadlines, Reviewing financial statements, Reporting final numbers to Corporate for consolidation and analyzing results of the period • Maintain, train and mentor adequate staff to complete all accounting functions accurately and efficiently • Oversee the Credit/Accounts Receivable function including the management of credit risk and collection efforts. • Serve as a member of the leadership management team and a principal accounting and financial advisor for Business Unit Management. • Prepare, participate in and presenting budget, forecasts, and monthly/quarterly review summaries to senior management and providing interpretive financial evaluations of Business Unit performance.

Principal Accountabilities: • Plan, organize, and develop financial controls to ensure control of operation and safeguard of company assets. • Develop and implement accounting policy and procedures to properly record cost and financial results of activities that accurately reflect results of operation on both the balance sheet and income statement. • Prepare, evaluate, and interpret the results of on-going operations and proposed methods of operation. Provide detailed variance analysis between actual, budget and forecast amounts with explanations. • Coordinate preparation of annual and long-range business plans and budgets including capital expenditures, income statements and return on investment statements. • Ensure accuracy and timeliness of reporting in accordance with standard practice• Coordinate month-end financial reporting with corporate accounting group. • Develop, evaluate and motivate staff to meet established goals of the team.

Supervising about 15 people in Accounts department.

Rashwell Company LLC - A Food Stuff Trading Company in Dubai - United Arab Emirates 1994 - 2001

Worked as Financial Controller.

Company deals in Dry foodstuff Imports, local trading and distribution. Company had a network spread over all the Emirates of UAE all major cities of Oman and Qatar. Company's accounting system was fully computerized.

Responsibilities included overall accounting systems, records and requirements and effective control of the financial accounting function, periodic management reports and consolidated Financial Statements, ensuring compliance with requirements of the IAS (International Accounting Standards) Budgets, identifying potential areas of threats and suggesting remedial actions, effective funds management and providing financial appraisal and analysis support to the management. Company uses ORION as an ERP solution.

Co-ordinated due diligence for the prospective buyers of the Company. Responsible for the preparation of all the audit schedules, summaries, variance analysis and interacting with KPMG and Price Waterhouse independent accounting firm.

Habib Group - Karachi Pakistan 1987 - 1994

Worked with Habibs one of the largest groups of Pakistan as Finance Manager in their Head Office and managed accounting and financial matters of several Private Limited Companies engaged in solvent extraction, cooking oil refinement, fabrication of automobile components, Imports, Exports and local trading in tires etc.

In 1991 transferred to Group's largest quoted Company engaged in production of refined sugar and Industrial alcohol in the capacity of Assistant General Manager (Management Information System).

Responsibilities included assisting Group Finance Director and Company Secretary in his assignments viz. corporate matters of Group Companies, feasibility study of new projects, analytical review of Group Companies' operating results, special audits, comparative study of Sugar manufacturing cost in different sugar mills of Pakistan and various such assignments. Projections, reviewing budgets and monitoring adverse variances, liaison with Insurance Company for risk coverage and claims settlement, liaison with Company's Bankers, lease arrangements and various analysis and management reports.

Gestetner - dealer of Office Equipment - Karachi Pakistan 1983 - 1987

Worked in Pakistan with Gestetner (Private) Limited a subsidiary of multi-national Company as Chief Accountant / Finance Manager. Company was engaged in Import and distribution of "Gestetner" Brand Office equipment.

Specific areas of responsibility assigned were accounting and costing system. Corporate matters, Profitability, cost controls, Management reporting Taxation, Budgets, Forecasts, Cash flow and direct involvement in implementing computerized accounting system.

A. F. Fergusons & Co. (ARTICLE SHIP: 1977-1982)

Associated with A. F. Ferguson and Co. Karachi a leading firm of Chartered Accountants in Pakistan affiliated with Price Waterhouse International of U.K.

Work experience gained during association with A. F. Ferguson and Co. involving especially during senior ship from November 1980 to October 1982, overall client services, Audit and Tax responsibility of various multi-national and Pakistani listed and private Companies.

Audit were carried out for Companies engaged in manufacturing Pharmaceuticals, medical gases, Tea, engineering goods, Fast moving consumer goods and providing General Insurance.

Functions performed were:

- Identifying Internal Control weaknesses.

- Execution & Supervision of audit work.

- Developing working papers file.

- Getting working papers reviewed by Audit Managers and Partners.

In addition to the finalization of the audit of the various Companies in the Engineering, Food and Pharmaceutical, also had the privilege of being involved in the following special assignments:

- Segment Accounting - Lever Brothers Pakistan Limited

- Physical stock check - Metropolitan Steel Corp. Limited

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