Business Development Financial Management

M. Arif

Cell: 732-***-**** Email: ****.****.***@*****.***

(Skytop Gardens, Parlin NJ. 08859, USA)

Competent & Diligent Professional with 20 + years spearheaded at senior level as Finance & Accounts professional in leading organization. Developed /implemented financial management system for complex projects/operations, increased Profitability through diversified business ventures, Design business growth strategies through cost reduction strategies, performance through efficient reporting mechanism (P&L, B/S), Successful implementation of ERP, Oracle, SAP, SQL etc. Presentation to Policy makers/Parliamentarians. Well versed source in the Public &Private set up managing the entire spectrum of operations and finance in manufacturing, Education, Pharma, Health, Construction, FMCG, Energy, Textile, and Waste Management.

SUMMARY OF QUALIFICATIONS

Financial Planning & Leadership

Fund/Grants Management

Accounting Management

Knowledge of GAAP/IFRS

Financial Analysis/Planning

Budgeting & forecasting

ERP Implementation (NetSuite, ORACLE, SAP, SQL)

People Relationship

Month end closing

Data gathering & analysis

Contract Reviews/Analysis

Grants Management &disbursement

Client advisory

Project/Contract Management

Requirement gathering

Cost benefit analysis

Project Tracking

Project Management

Relationship Building

Business process improve-ment and gap analysis

Excellent communication, analytical, interpersonal, and presentation skills

Expert in Excel, Word, Access, PowerPoint

PROFESSIONAL EXPERIENCE

Pharmachem LLC- NJ (A Manufacturer Backed by Private Equity-PE Firm) Presently serving

R-Sheen Group (Group of Companies- Pharmaceuticals, MDF Board, Retail Business)

Senior Management/Head (Aug. 2023- Aug.2024)

Financial Oversight/Reporting

Provide leadership in finance, accounting, budgets, treasury, cash flows, FTM.

Prepare financial statements (B/S, P&L, Cash flows). Month end close reporting and analysis.

Develop financial analysis/reporting, trend analysis, financial projections, budgeting and consolidate reports,

Budget/forecasting

Prepare budgets/forecasts. Analyze/reduce variances bet. planned budgets and actual expenses; CPEX/OPEX

Monthly/quarterly review of the budget estimates. Oversee/prepare budget & reduce budget variances by 12%.

Provide financial strategic vision. Prepare different financial models (IRR, NPV, payback, cost+). Cross functional support

Treasury Management

Oversee day-to-day cash flow, update bank position on daily basis. Process ACH and wire payments

Close liaison with bank/financial institutions/borrowers for working- capital needs/liquidity

Accounting Management/Cost Analysis

Oversee accounting record/book- keeping as per GAAP/IFRS (JEs, Prepaid/Accrual, GL, Chart of A/c, Payroll, P&L,B/S )

Analysis of costing (BOM, CoGS, inventory), cost center costing, product costing; prepare segment wise cost templates.

Work on cost saving techniques, operational efficiencies and

Lead in material/labor costing functions; reconciliation of A/P, A/R; prepare aging reports. Pivot table, VLOOKUP etc.

Process Improvement/ERP System Controls

Conduct business process engineering and influence (P&L) of the company. Develop revenue generating techniques.

Implement/use ERP/various IT software (NetSuite, SAP) (A/P, A/R, Assets, inventory); Costing/data analysis

Evacuee Trust Property Board/Learning Zone- (Real Estate- Construction, Health Care, Hospital, Education Head/Secretary: May 2020- Aug. 2023

Construction/Real Estate Accounting Management: (4500 properties)

Led in operational/financial management, business models/plans, ERP, contract management, risk management, budgeting.

Oversee lease agreement, track customer billing, cash flow, working capital needs. Work on business development strategies

Oversee GL supervision, JEs, prepaid/accruals; conduct critical reviews, financial/accounting reports;

Ensure all financial transactions are accurately recorded. A/R, customer billing, account updates and reconciliations.

Ensure accurate accounting for property acquisitions, sales, leases, and development costs.

Track construction-in-progress, capitalization, depreciation, and amortization of real estate assets.

Oversee tenant billing, rent rolls, CAM (Common Area Maintenance) reconciliations, and lease compliance.

Handle debt compliance, loan covenants, and lender reporting.

Project Cost Accounting & Job Costing

Track costs by project, job, or contract (materials, labor, subcontractors, equipment).

Compare budget vs. actual to monitor profitability.

Allocate overhead expenses correctly to each project.

Financial Reporting/Analysis

Consolidate reports of diff. properties; review and finalize monthly/annual (B/S,P&L) and analysis.

Ensure 100% system compliance of operational/financial policies and procedures. Work on cost reduction strategies

Prepare business processes & progress reports; prepare budgets and ensure allocation of funds as per approved budgets.

Budget Planning/Analysis

Prepare budget estimates; conduct variance analysis, trend analysis; variance analysis-actual vs. budgeted

Oversee budget monitoring system. Prepare financial projects/forecast. (CAPEX/OPEX)

Conduct situational/gap analysis. Develop a system of internal controls to ensure procedural requirements. Tax Compliance.

Compliance of Rules, Regulation:

Monitored and updated company policies in alignment with changing laws and regulations to ensure 100% compliance

Punjab Bio Energy Company- Govt Agency

Head May 2016- 2019

Financial Management/Grant Management/Governance:

Oversee transparent accounting and financial fund management, grant management, contract management, budgeting.

Prepare quarterly accounting and financial reporting and analysis thereon.

Oversee day-to-day financial/grants/contract management. Evaluate business processes and trouble shooting.

Prepare/Review financial statements as per GAAP/IFRS (Balance Sheet, P & L A/C., Cash flow etc.).

Oversee various ERP/IT software applications/solutions (SAP) to assemble, format data and reports.

Internal Controls: Develop system of internal controls. Implement ERP; Reduce errors and increase efficiency by 22%

Mitigate chances of frauds and control in-efficiencies. Implement (ERP) to ensure accuracy of accounting reports

Budgets: Oversee budget and feasibilities preparation. Analysis of budgeted vs. actual expenses from time to time.

Reduce budget variances by 15%. Conduct situational/ gap analysis

Lahore Waste Management Co.- (Trucking/Transport/Logistics, Sewarge/Waste Services ($ 450 Million)

Chief Financial Officer: Oct 2010 to April 2015

Financial Management/Grant Management/Treasury

Led finance, accounts and financial reporting, grants management, budgeting, Int. contract administration ($450 Million).

Prepare reconciliations of A/Payable, A/Receivable & Bank Reconciliations. Ensure 100% compliance management.

Consolidate/ prepare monthly accounts/financial statements as per GAAP/IFRS (Balance Sheet, Profit & Loss A/C.).

Fund/cash management to increase operational growth. ERP. implementation. Capacity building of accounting team

Presentation to senior management on accounting/financial strategy for business growth.

Internal Controls/Risk Management/Audit:

Oversee implementation of ERP (GL, A/P,A/R, inventory) for secure internal controls/reporting.

Conduct internal audits and prepare audit findings/reports. Compliance of accounting procedures and mechanism.

Taxation: Prepare tax computation/workings, tax returns.

Budgets: Oversee the maintenance of budget monitoring systems. Analyze budget estimates vs. actual exp.

Draft periodic budgetary reports; CAPEX/OPEX. Conduct quarterly reviews of the budget estimates

World Bank Projects- PEF (Not for Profit/Government.-Education, Projects of World Bank-$ 100 M)

Financial Management/Grant Management Aug.2005-Sep.2010

Execute fund/grants management. Develop the mechanism of grants disbursement in ERP.

Oversee financial/accounting control systems. Prepare annual plans; Grant’s contract management.

Prepare financial statements as per GAAP/IFRS (Balance Sheet, P & L A/C. Cash flow etc.).

GULSHAN WEAVING/RAVI/DANISH (Textile/Apparel/ Distribution Co. of UNILEVER, Pak. Tobacco -BAT) VIQAR A. KHAN CHARTERED ACCOUNTANTS (A Leading CA Audit & Accounting Firm)

Chief Accountant/Consultant Feb. 2000 – Aug. 2005

Review, finalize and consolidate monthly, half yearly and annual financial statements and analysis.

Oversee books of accounts; G. ledgers, cash book, bank book, imprest statement, financial statements (B/S. P&L, Cash flow etc.). Implement ORACLE software; Mitigate risk of frauds on the basis of effective system of controls. Prepare Tax computations and compliance of Tax Laws.

Served in well-established Firm of Chartered Accountants in result oriented corporate departments. Conduct audits, due-diligence consultancies, accounting, tax of Hospitals, Healthcare, banks, financial institutions, multibillion national & multinational corporations/clients.

EDUCATION: MBA (Finance, Accounting, Management) - Institute of Business Administration (IBA).

CPA- Certified Public Accountant from ICPAP- Body of Accountants; Chartered Accountancy- CA-Articleship- ICAP

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