Summary

Starting from Ahmed Fine Textile Mills Limited (Textile Group of 3 Weaving units of 450 looms and a Spinning Unit of 100,000 spinndles ) as Internal Auditor and Inventory Executive served for one and a half year and switched to Fazal Cloth Mills Public Limited (Textile Group having 6 Spinning Units of More than 300,000 Spinndles and a Weaving Unit of 250 Looms ) as Manager Internal Audit and worked for 4 and a half years and finally reached to Pak Pansy Group; renowned name in agrochemicals industry, and currently serving as HEAD OF INTERNAL AUDIT (Group).

Experience

Company Logo
Head of Internal Audit (Group)
PAK PANSY
Oct 2014 - Present | Multan, Pakistan

• Successfully developed and implemented different Audit Structures with in different organizations of Group.
• Lead with a team of more than 20 peoples in different companies of group.
• Critically monitor audit procedures and ensure accuracy in policies compliance on all levels.
• Designed and led implementation of new ERP System (Oracle 10g AS/RS).
• Catalogue Cost Accounting, and Financial Reporting for multiple companies within the Division.
• Created common operating metrics for all plants that led to improved accountability for operations.
• Initiated mid-month and last day of month flash reporting to the parent company.
• Also initiated flash monthly reporting to higher management for their effective decision making.
• Built yearly, monthly and weekly Audit reports to facilitate higher management as per requirement.
• Implemented formal budgeting, forecasting and reporting systems to measure and communicate performance results internally, to the board of directors.
• Managed internal compliance for all day-to-day banking, treasury, and operating cash flow activities for effective financial planning.
• Worked closely with executive management team to grow top line internal compliance for revenues through new customer acquisition and increased account penetration.
• Responsible for effective costing (base for setting sale price).
• Responsible for preparing recurring budgets i-e Annual Expense budget, Cash Flow, Coordinating in setting Annual Sale Budget etc.
• Development of SOP for smooth operations.
• AD HOC reporting as required by higher management.

Company Logo
Manager Internal Audit
Fazal Cloth Mills Limited
Jan 2010 - Sep 2014 | Multan, Pakistan

• Preparation of Production Reports. (Including Yield, Prosperity)
• Bills verifications according to the company policy.
• Preparation of Reconciliation of Inventories.
• Quality Analysis.
• Implementation and deployment with the help of Technical support Peoples the designed policies and procedures to exercise control.
• Local Procurement verification and approvals.
• Preparation of Store Consumption.
• Preparation of Sizing Comparison.
• Calculation of efficiency on weekly basis.
• Dealing with Company’s external auditors to facilitate annual audit of financial statement
• Generates various system and excel reports to insure accuracy.
• Preparation of One Page Comparison.
• Usage of ERP ( Standard R-12 Application)
• Finish Goods Valuation.
• Preparation of Summary of other monthly reports.
• Account Payable Reconciliation.
• Account Receivable Reconciliation.
• Preparation of Ad-hoc reports as required by the higher management.

Company Logo
Internal Auditor and Inventory Executive
Ahmed Fine textile Mills Limited
Apr 2008 - Dec 2009 | Multan, Pakistan

• Preparation of Production Reports. (Including Yield, Prosperity)
• Bills verifications according to the company policy.
• Preparation of Reconciliation of Inventories.
• Quality Analysis.
• Implementation and deployment with the help of Technical support Peoples the designed policies and procedures to exercise control.
• Local Procurement verification and approvals.
• Conduct of regular stock counts (Raw material, work in process and finish goods with wastes).
• Preparation of Store Consumption.
• Preparation of Sizing Comparison.
• Generates various system and excel reports to insure accuracy.
• Preparation of One Page Comparison.
• Usage of ERP ( Standard i-11 Application)
• Preparation of monthly Cash Flow.
• Preparation of Ad-hoc reports as required by the higher management.

Education

Institute of Cost & Management Accountancy of Pakistan (ICMAP)
Certification, ‎
Accounting & Finance, Auditing, Costing
Completed
2012
international college of commerce Multan
Bachelors, Bachelors in Commerce, ‎
Commerce
Percentage 53%
2009
Govt College MuzaffargarhPunjab Pakistan
Intermediate/A-Level, Intermediate/A-Level, ‎
Percentage 58%
2006
Sardar Kaurey Khan Public Higher Secondary CllegeMuzaffargarh
Matriculation/O-Level, Matriculation/O-Level, ‎
Biology, Chemistry, Mathematics, Physics
Percentage 63%
2004

Skills

5+ Years Microsoft office 2007
5+ Years Oracle 8i-11g

Languages

Expert Urdu
Expert English

Ali Contacts

Muhammad Muzaffar Nazir
Colony Textile Mills Ltd.