Shakeel Aslam

Cell: +971 50 1190 580 Email: shakil800@hotmail.com Visa Status: UAE Tourist Visa (Expiry 1st April 2014) Areas of Expertise Finance & Accounting Treasury Management Budgeting & Forecasting Supply Chain Management Costing & Management Accounting MIS & Reports Team Management Business Strategy People Management Personality Traits Strategic Thinker Change Agent Persuasive Communicator A Professional having account and financial management career spanning over 10 years High-performing professional with experience in Finance & Accounting, Costing & Management Accounting, Treasury Management, Budgeting and Forecasting, Supply Chain Management, Marketing Management and People Management. Managing and understanding competition, consequently achieving and providing high productivity standards. Demonstrated capabilities of critical thinking and problem resolution, skilled in negotiating and liaising with government and other departments. Prioritize workload and multi-task; flexible to changing priorities. Direct in approach to discovering information. Recognized as a team player with leadership skills, able to generate new ideas, analyse and resolve challenges and realize organizational goals

KEY RESULT AREAS

Finance & Accounts Management Conceptualising and implementing competent financial strategies with a view to generate profits. Managing the overall functioning of finance processes, identifying improvement areas and implementing adequate measures to maximise customer satisfaction level. Consolidating and preparing various reports, reconciliation statement, for evaluating differences in accounting. Prepared financial statements, maintained statutory books of accounts & financial statement for quarterly & annually held audits. Cost management and internal controls evaluation: Identifying Key risk areas and implying proper internal controls to minimize risk. Understanding the production cycle to find out the cost centres and quantifying losses in productions. Analysing the SKUs and coming up with a strategy for cost reduction and profits enhancing. Auditing & Taxation Evaluating internal control systems/ procedures to highlight shortcomings & implementing recommendations. Preparing Tax plans, Internal Audit, Tax Audit etc. Assisting Income and Sales Tax Offices regarding various Tax Matters, etc. Budgeting & MIS Formulating annual budgets and conducting variance analysis to determine difference between projected & actual results and implementing corrective actions. Assessing the sales & accounts related MIS Reports & circulating it to management on monthly basis. Team Interaction Providing necessary training to the sales force/ technical support teams regarding product presentation, institutional dealing and customer handling. Interfacing with people at all levels, managing healthy work environment and inculcating bonded teamwork with high work ethics. Motivating the team members and channel partners through effective incentive plans and strong communication skills.

Master of Business Administration (Finance) CGPA 3.23, IQRA University, Karachi, Pakistan (2012) ACCA (Part Qualified) Association of Chartered Certified Accountant, UK Bachelor of Commerce University of Karachi. Pakistan (2000)

WORK EXPERIENCE
Seaways Services (Pvt) Limited, Pakistan Deputy. Finance Manager (February 2006 to Date) Responsibilities: Responsible for financial management, accounting systems, budgets and management accounts. Analysed competitors and market trends and conducted profit analysis. Gathered and synthesized information needed by senior Management about various business functions. Assessed Receivables Risk and monitored accounts receivable and reported collections as well as prepared and implemented safe Credit Control policy. Continuously reviewed internal control procedures for minimizing risk and control operational costs. Monitored the budgets throughout the year, analyzed actual results to budgets and forecasts and submitted budgetary proposals to the higher management for further scrutiny and approval. Coordinated with supply chain and logistic department for reduction in various costs. Liaised and negotiated with banks for the facilities required by the organization. Developed strong external relationships with appropriate contacts, e.g. auditors, bankers, solicitors etc. Produced accurate financial reports to specific deadlines, researched new sources of finance for long and short term debt facilities and supervised staffs and workers. Developed and implemented standard accounting, administration, and purchasing policies and procedures to automate processes and increase efficiency throughout business operations. Provided training and coaching to team members with a view to achieve cost efficiency and optimize profits and for the business. Oversaw the operations of sales and marketing department in order to ensure that the business revenue generation is conducted smoothly, efficiently and continuously. Assisted in development, implementation and maintenance of business plans, forecasts and established effective planning & analysis capability which provided senior leadership with appropriate analytical tools to establish goals and measure performance of the Companys businesses. Texona Chemicals, Karachi, Pakistan Senior Accountant

(September 2003 to April 2006)

Responsibilities: . Maintained accounting records as per requirement of relevant legal, professional and ethical standards. Ensured the accounting record is kept up to date and prepared as well as supervised quarterly and yearly closings. Consolidated data for financial statements, budget preparation and also provided an overview of the financial status of all the operations. Prepared business reports for the capital investment projects and proposals for presentation to business leadership. Developed and implemented internal control policies and procedures in order to ensure that there are adequate controls in all areas of activities of the Company and ensuring that physical, human and financial resources are utilized to the optimum levels. Continuously reviewed and monitored internal control procedures for minimizing risk and controlling costs. Analyzed changes in budgets and advised accordingly and investigated any unusual fluctuations between budget and actual data. Prepared Cash flow statements and cash budgets for projection. Identified operational cost and apply methods to control it. Reviewed the working capital requirements and took necessary financing measures for it. Liaised with the production supervisor to improve the workers efficiency and cut redundant costs. Oversaw the supply chain, warehousing and distribution activities to identify any potential losses in down and up streams of supply chain. Reduced overall cost of capital by analyzing and eliminating expensive short and long term debt arrangements. Reduced Raw material, work in process and finished goods inventory by better coordination with suppliers. Assisted senior Management in making strategic and long-term business plans and researched & reported on factors influencing business performance Mumtaz Chemical Industries, Karachi, Pakistan Assistant. Accounts officer Responsibilities: Monitored invoices, accounts receivable and reported aging and collections. Controlled petty cash and reconciled expense reports with cash ledgers. Handled customers billing and invoicing complains and prepared accounts reconciliations. Monitored and interpreted cash flows and predicting future trends. Ensured Recording and Banking of cash, cheques and other negotiable instruments in timely and appropriate manner. Reviewed cash position and bank reconciliations Coordinate with production contractors for reduction in cost of production and operations.

(March 2002 to July 2003)

 Took physical inventory counts and recoding accordingly. Prepared GRNs and GDNs and recording accordingly. Prepared various vouchers and posted in relevant accounting record.

SPECIAL ASSIGNMENTS
Performed various special assignments in relation to the following: Preparation of Individual and AOP Tax Return Review of internal control systems Internal audits Enforced recovery of potential bad debts. Other assignments.

COURSES

Financial Modelling using Advanced MS. Excel Security and portfolio Management Treasury and Funds Management Attended a number of Seminars arranged by Association of Chartered Certified Accountants. ACCA (UK)

MBA THESIS
Impact of Macroeconomic Variables on the Corporate Dividend Policy (A Case of Karachi Stock Exchange 100 index)

COMPUTER PROFICIENCY

Proficient in MS Word, Excel and Power Point applications Secured Medal of Best Performance in the course of IT for Managers. Hands on experience of Quantitative Analysis Techniques Using SPSS and E-views statistical software packages Working knowledge of Tally 9ERP.

Personal Information

Fluent in English, Urdu and Punjabi. Nationality: Pakistani Skype: Shakil_800 http://www.linkedin.com/pub/shakeel-aslam/3b/b2/127