Management Accountant

Seeking a finance position in a leading organization providing an opportunity for learning, development and growth leading to senior strategic management level and to contribute towards success of the organization

Shuweihat CMS International Power Company , Abu Dhabi
Management Accountant
May 2005 to date
(SCIPCO) a 1.6 billion USD joint venture between Int`l Power(UK) and CMS Energy(USA) with ADWEA.

Responsibilities:
• Supervising the team of three individuals and reporting to Business Manager
• Preparing and submitting monthly financial results to three share holder companies by meeting the deadlines
• Monitoring all Management Accounting functions including Treasury, Inventory and Cash Forecasting
• Involved in the establishment of Hedging policy to optimize the exchange risks
• Responsible for holding monthly budget reviews with the Section Heads to discuss the monthly results and preparing latest forecasts.
• Responsible for financial models used for financial analysis, budgeting and management reporting
• Monitoring Stock levels and advising Section heads over re-order quantities to minimize inventory levels.
• Liaison with the external and internal auditors in conducting periodic audit assignments to ensure the efficiency of the system.

Kraft Foods- Lakson Group of Companies
Asst Manager Budgets& Planning
Feb 2004 to May 2005.Reporting to GM Finance.

Responsibilities include
• Preparation of monthly management accounts and other MIS reports for strategic management.
• Formulation of overall company budgets and periodic Kraft reporting
• Responsible for the design of new costing system for overheads and direct costs to reach the reliable cost of production
• Appraised projects undertaken by marketing department to assess their financial feasibility and profitability.
• Financial and variance analysis of company’s actual performance with budgets.
• Working on other strategic issues like key performance indicators, Price structuring, feasibility reports and Group reporting.

Qaiser Noman Bernas (Pvt) ltd
Assistant Manager Accounts from Dec 2002 to Feb 2004

M/S Qaiser Noman Bernas (Pvt) Ltd., a joint venture between Malaysia and Pakistan,

Nature of work
• Preparation of MIS reports for management.
• Involved in budgeting, production plan scheduling and inventory management.
• Preparation of cost statements and wastage reports.

Ernst & Young Pakistan
Accountant from May 2001 to May 2002.

Worked as a team member on various statutory audit, accountancy, internal audit and other assignments.

Professional: The Chartered Institute of Management Accountants (CIMA), UK. Associate Membership of the Institute in June 2007
Passed Final Level in November 2005

Academic: University of Karachi
M.A (Economics) in 2002
Bachelors of Commerce in 1998

Associate Membership of " The Chartered Institute of Management Accountants"(UK)

ACHIEVEMENTS AND ACCOMPLISHMENTS

• Formulation, Design and Implementation of new Costing System by identifying new and relevant Cost Centers to produce more reliable Cost of Production.
• Successful implementation of link between Sun Financial Systems and Maximo Work Order Systems to integrate it into our ERP
• Introduction of Finance Panel Reviews with the budget holders to use the budgeting tools as a sturdy source of cost control.
• Designing of a new Management Reporting System to check and control the standard quantity of rice required to produce certain quantity of saleable rice by having continuous monitoring of batches production and checking the wastages during the processes.