Prime responsibilities that are assigned to me
• Heading Accounts & Finance Dept. of Multan Factory (Beverages & Bakery Division) including control of distribution network and reporting to Group CFO & CEO.
• Review the monthly Management reports and Financial Statements ensuring their reliability and timely provision. Monitoring & Control of Accounts
• Preparation of Sales Tax and Income Tax related reconciliations, monitoring and ensuring timely e filing of Sales Tax and Income Tax Returns.
• Receivables to ensure strict compliance with company credit policy and analysis of risk.
• Preparation of the Monthly Management Accounts & Reports of both units on monthly basis which includes Stock movement analysis, Sales analysis, Dead Stock or Slow moving Stocks analysis, variance analysis and other analytical reports related to production and profitability.
• Liquidity & Working Capital Management.
• Implementation of overall Internal Controls including Payments to Vendors as per Company Schedule of credit limit and purchases.
• Review and control of outstanding amounts of Inter-Units, Suppliers, Customers & Bank Reconciliations
Gourmet Foods is Pakistan's largest retail chain of food products with headquarters in Lahore, Pakistan.[2] It has seven processing units across the country and over 100 stores in Lahore.[2] The company was founded in 1987. It has outlets in Sargodha, Islamabad, Rawalpindi, Lahore, Multan, Faisalabad, Gujranwala, Gujrat, Jalalpur Jattan, Sheikhupura, Shahdara Bagh(A tehsil of Sheikhupura). It also has international outlets in London in the United Kingdom.
Gourmet Foods have expanded their business operations and also produces its own branded soft drinks, beverages, mineral water as well as milk and dairy products (under the subsidiary Gourmet Dairies).

(Vice President) Manager Business Planning & Budgeting
17th October 2016-10th May 2017
Prime responsibilities that are assigned to me
• Preparation of five years Business plans & strategy branch wise and product wise.
• Preparation of annual & Monthly Budgets & Variance Analysis branch wise & Product wise.
• Coordination with Internal & External Auditors of the Bank.
• Preparation of Branch Wise Costing & Budgeting (ABC Costing based).
• Development of Financial Models, Feasibilities and five years Projections of branchless banking and Digital Financial Services (DFS) Project of the Bank.
• Setting Execution Plans & Targets for Deposits & Loan Portfolio of the Bank.
• Review on daily, monthly, quarterly & yearly basis of all reports for Non Performing Loans (NPLs), Provisions, Advances & Deposits in Oracle Flex-cube.
• Planning & Control of OPEX (Admin Expenses) in Sidat Hyder Finnacial System branch & Product Wise.
NRSP Micro Finance Bank Limited
NRSP Microfinance Bank Limited “NRSP Microfinance Bank”, headquartered in Bahawalpur commenced operations in March 2011 as a national level microfinance bank. The bank builds on the experience of its parent institution the National Rural Support Program (NRSP) to alleviate poverty and promote financial inclusion in the country.
The bank’s capital has been contributed by highly reputed organizations including the International Finance Corporation, Acumen, KFW and the National Rural Support Program.
Through a network of 70 branches across 27 districts, NRSP bank offers a range of financial services including Deposits, Micro-Credit and Micro-Insurance to the financially excluded individuals living in both urban and rural areas of Pakistan.
In the year 2014, the bank’s long term entity rating was upgraded to A- and short term to A2 by JCR-VIS and it continues to maintain the same rating in the year 2015.

Working as Group Manager Internal Audit in Pakistan's leading textile group Mahmood Group of Industries and managing internal audit affairs of following four companies
Masood Fabrics Limited
Masood Spinning Mills Limited
Roomi Foods (Pvt,) Limited
Roomi Enterprises (Pvt.) Limited
Mahmood Group Of Industries Multan
Mahmood Group is a leading Textile Group in Pakistan and largest for Southern Punjab. Mahmood Group started business in 1935, by setting up a tanning unit. Now it has 24 manufacturing units (related to Weaving, Spinning, Apparel, tanneries & Food) including 10 listed, public unlisted and private limited companies. Mahmood Group has annual trnover of above US $300 million and workforce of 12,500 employees.
Following are some of the prime responsibilities that are assigned to me for above four companies.
Internal Audit & Costing.
• Managing the affairs of the Internal Audit Department of the company includes
• Preparation of periodic Internal Audit reports and compliance of findings, directly reportable to CEO, Director Finance, Chief Internal Auditor and CFO.
• Participated in preparation of Administrative Policies and Procedures, Organisational Structural Review, Job Descriptions, Salary Structures, Effective Appraisal Systems and recommendations regarding ERP Oracle System Up gradation. Gained knowledge in designing and implementing accounting and related internal control systems. Analysed the systems of internal controls both manual and automated and suggested recommendations for improvements.
• Review the monthly Management reports and Financial Statements ensuring their reliability and timely provision. Monitoring & Control of Accounts
• Preparation of Sales Tax and Income Tax related reconciliations and developing responses to different Tax related notices by FBR and monitoring and ensuring timely e filing of Sales Tax and Income Tax Returns.
•Receivables to ensure strict compliance with company credit policy and analysis of risk

• Worked as Chief Accountant Roomi Foods (Pvt.) Limited reporting to the CEO and Chief Financial Officer of the Group. Work included
• Monthly Management accounts and Cost Accounts and other related analysis,
along with annual finalization and coordination with external auditors.
• Analyze monthly/periodic financial statements of the Company in accordance to the IFRS (International Financial Reporting Standards) and local laws.
• Preparation and Analysis of Costing reports i.e. Monthly Production Cost Sheets, Monthly Contribution Sheets, Job Order Cost Sheets, Variable Cost Sheets etc.
• Initiate and document policies and procedures for the Accounting and Finance department for business control, preventing and avoiding risk exposure.
• Review and monitor operational budgets and set expense ceilings.
• Monitor reconciliations, variances and subsequent rectifications. Review and negotiate Vendor Contracts for financial and legal implications and execute accordingly. Collaborate with the External Auditors and Internal Audit Department to ensure compliance with statutory requirements and internal controls.
• Communicate with the Securities and Exchange Commission of Pakistan (SECP) and Federal Board of Revenue (FBR) to ensure compliance with applicable laws.
• Delegate responsibilities for generating necessary disclosures and schedules for compliance with regulations and IFRS.
• Review and preparation of supplier and customer reconciliations for effective control on receipt, payments, sales, purchases and expenses.
• Coordinate with banks for payments of mark up and principal as per repayment schedules, agreement and approval.
• Preparation of the Management reports of the units on monthly basis which includes Stock movement analysis, Sales analysis, Dead Stock or Slow moving Stocks analysis, variance analysis and other analytical reports related to production and profitability.

During training I learnt and developed skills with emphasis on analysis of financial and non-financial information, financial reporting, internal controls.
• Preliminary planning and development of detailed audit plan for financial audits of various manufacturing and financial sector entities; including time budgeting, mobilization of engagement team, preliminary risk assessment and review of accounting and internal control systems; development of an independent expectation of company's financial performance and comparison with the company's actual results with investigation and explanation of variances.
• Review, analysis and conclusion on work performed, ensuring compliance with applicable statutory legislatures and International Financial Reporting Standards (IFRS); gaining experience in designing and implementing accounting and related internal control systems and conducting a detailed review of internal control systems to highlight areas needing improvement; analysis of financial statements, comparison of actual financial performance with budgets and prior years and investigation and explanation of variances.
• Management, supervision and coordination of audit work being performed by the audit teams; facilitating coordination between client personnel and the engagement team and also among the team members.
External Audits
Financial Sector
• Zarai Taraqiati Bank Limited
Textile Sector
• Kohinoor Textile Mills Limited
• Nishat Mills Limited
• Nishat (Chunian) Limited
• Kohinoor Mills Limited
Manufacturing and Industrial Sector
• Grays of Cambridge Limited
Non Governmental Organization Sector
• Community Support Concern (CSC)
Service Industry
• Institute of Business Management (UET Lahore)
• Independent Monitoring Association for Child Labour Sialkot
• District Jinnah Public School Mandi Bahauddin
• Spec (Private) Limited (SPEC)
• IMI Engineering (Private) Limited
Power Sector
• Pakgen Power Limited
• Lalpir Power Limited
• Terra Energy