Muhammad Owais

Group Chief Financial Officer
December 11, 1966

About Candidate

The Recruiter,

 

 

Dear Sir,

 

Subject:          Any Suitable Vacancy in Accounts, Taxation, Audit & Finance

 

A trustworthy, data wizard, qualified, visionary and experienced “Finance Professional” is the need of every organization. My qualifications, more than 30 years’ experiences in finance / accounts / auditing / costing & budgeting / use of ERP (Oracle Business Suite / MS Dynamics) and devotion justify it to send my resume for the post cited above. I am a member of “Institute of Cost and Management Accountant of Pakistan” and appending below executive summary of my resume.

 

RESUME (Executive Summary)

 

Professional Qualification    :           FCMA (Qualified in Nov-93)

 

Academic Qualification        :           B. Com.; Intermediate (Pre-Eng.)

 

Experience                             :           Pharmaceutical          :          13   Years

Textile (include retail)        :          12½ Years

Engineering (Auto)    :           5    Years

Service (Logistic)       :          2½  Years

Accountancy                :          1    Year

 

Computer Skill                      :           Above average (Advance user of Excel, can make macros)

 

Moreover, I am energetic, hard worker, diligent and restlessness employee. The attached copy of curriculum vitae will tell you a brief about me but an interview will provide both of us, a chance to discuss in greater detail about my worthiness for the required job. Look forward to hear a call for interview at an early date via following contact:

 

Cell No.         :           0334 1112671 / 0324-2591979

Phone #          :           021-34931974

E-mail            :           sapda92@gmail.com;

osapda@yahoo.co.uk

Thanking you in anticipation,

 

Yours truly,

 

 

Muhammad Awais / KHI

Cell # +923242591979

 

 

 

Muhammad Awais

B. Com., ACMA

Cell:                        +92334 1112671 / +92324 2591979

Landline:              +9221 34931974

E-mail:                  Sapda92@gmail.com

Skype ID:           awais.sapda

PROFESSIONAL PROFILE
Pro-active and result oriented Financial and Management accounting professional, with twenty-eight years of experience in manufacturing and service sectors.  Focused with a comprehensive knowledge and understanding of financial management and accounting practices

 

CORE COMPETENCIES
§  Detailed oriented with exceptionally strong analytical skills.

§  Ability to work independently.

§  Good management skills, having ability to lead associates.

§  Well-disciplined and efficient multi-tasker.

§  Deadline sensitive person.

§  Sound knowledge of manufacturing business and process flow.

§  Proven ability to steer as a CFO of a public limited company.

 

PROFESSIONAL EDUCATION
§  Fellow member of The Institute of Cost & Management Accountants of Pakistan(Qualified in Nov. 1993)

 

 

EMPLOYMENT HISTORY
July-16 to Present          Maxitech Pharma (Pvt.) Limited as Group Chief Financial Officer

Jul-15 to Jun-16            Al-Rahim Textile Group as a Senior Manager Finance

Mar-12 to Jun-15          Siddiqsons Limited as a Senior Manager Accounts

Mar-07 to Feb-12          DYL Motorcycles Limited as a Manager Accounts

Jun-02 to Mar-07          Gadoon Textile Mills Limited as a Senior Manager Accounts

Jan-99 to May-02         Muhammad Farooq Textile Mills Limited as an Internal Auditor

Aug-96 to Dec-98         Hecny Trans Pak (Pvt.) Limited as Finance Manager (a logistic company)

Feb-89 to Aug-96         Otsuka Pakistan Limited as a Deputy Manager Finance

Mar-86 to Jan-89          Various organizations as Lab-Assistant, Salesman, Trainee, Teacher, Contract Accountant,

 

Maxitech Pharma (Pvt.) Limited as Group Chief Financial Officer                                         (Jul-16 to Present)

 

Deals in Dermatological, Nutraceutical and Cosmetic products. Having its manufacturing facility at SITE-II, Superhighway, Karachi.

 

Key Responsibilities:

·         Tax planning

·         Review filling of Tax Returns and Statement

·         Review filling of Corporate Form (Form-A, Form-29, etc.)

·         Fund Management

·         Compilation of Statutory Financial Statements

·         Product Costing

 

Al-Rahim Textile Industries Group as a Senior Manager Finance                                                 (Jul-15 to Jun-16)

 

Manufacturer of towel and woven fabric in Pakistan. Beside these they are also retailing Garment and Home items in Pakistan with brand name of ‘KAPRAY’ & ‘ZELLBURY’.

 

Key Responsibilities:

Performing reconciliation from Raw Material to Finished Goods.
Performing Stock-counts.
Cash management/funds allocation.
Reviewing financial performance through analyzing key ratios and trends including Break-Even point.
Reviewing operational performance reports regarding sales, purchases, production, inventory and receivables/payables through aging.
Tracing out variances and identifying reasoning.
Product costing.
Siddiqsons Limited as a Senior Manager Accounts                                                                            (Mar-12 to Jun-15)

 

Siddiqsons Group are Pioneer of Denim Production in Pakistan; engaged in manufacturing and selling Yarn, Denim Fabric, Tents, Denim & knitted Garment both locally and internationally.

 

Key Responsibilities:

Preparation of Balance Sheet, Profit & Loss Account, Cash flow of Spinning Units and Consolidation thereof.
Liaison with External Auditors
Filling of  Staff Tax Return
Planning & Control of  Inventories
Costing of  Product (Yarn) for  Pricing and Management Decisions;
Calculating cost of  Gas and Diesel Generation of Electricity
Making Feasibility of various projects and calculating Pay-back thereof.
SIGNIFICANT ACHIEVEMENTS:
·         Designed Input Vs. Output Reconciliation;

Calculation of  Invisible Loss;
Introduced  Profit / spindle statement, Comparison of Month-wise yield and efficiency Statement
DYL Motorcycles Limited as a Manager Accounts                                                                              (Mar-07 to Feb-12)

 

DYL was the joint venture between Dawood Group of Companies and Yamaha Motor Company (YMC), Japan. DYL was principally engaged in assembling and sale of Yamaha Brand Motorcycles, spare parts & lubricants. The company was equipped with state of the art facilities for manufacturing motorcycles in Pakistan

 

Key Responsibilities:

Preparation of  Profit & Loss Account of Units
Consolidated Financial Statements
Liaison with External Auditors
Filling of  Corporate & Staff  Income Tax Return
Corporate Affairs (Minutes, Reports, Forms / Returns)
Valuation of  Inventories
Costing of  Automotive Parts
Maintaining Inventory record of Material, Components & Consumable.
Making Simulation for Ordering of Material
Ordering of Components & Consumables keeping in view Demand, Lead-Time & Buffer.
Making Cost Benefit Analysis of out-sourcing & In-house Processing
Negotiating Price of Automotive parts with OEMs
SIGNIFICANT ACHIEVEMENTS:
Designed Unit-wise Summarized statement of Costing of all Parts.
Rationalized the Sizes of Steel Sheets resulting in lesser Input Weight & cost.
Made Cost comparison of In-house generation vs. buying of Electricity and Forging vs. Machining of Gears.
Introduced concept of Margin per Machine Hour and Minimum Consumption of Electricity in Peak Hours
Gadoon Textile Mills Limited (GTML) as a Senior Manager Accounts                                        (May-02 to Mar-07)

GTML is largest producer of yarn in Pakistan having its production facilities at Gadoon Amazai and Nooriabad.

 

Key Responsibilities:

·         Scrutiny of General Ledger and Review of Statutory Financial Statements

·         Printing of Financial Statements, publishing it on Website and Circulating it to Share-holders, Stock Exchanges and Authorities

·         Coordination with External Auditors

·         Declaration of Results to Stock Exchanges

·         Staff Tax and Corporate Tax Returns / Statements

·         Product Costing and other Monthly Management Report to CEO

·         Corporate Affairs (Minutes of Board, Shareholder)

·         Gratuity Calculation and Coordination with Actuarial Consultant

·         Checking of Financial Charges Calculation

 

SIGNIFICANT ACHIEVEMENTS:

·         Designed Summarized costing of all Products (Counts)

·         Introduced Summarized Profit / Spindle Statement enabling management to focus on  Profitable count and eliminate loss making activities

·         Comparative Statement of Power Cost Generated by Furnace and Gas with distribution Company

·         Unit-wise Comparative Statement of Stores & Spares cost and Wages Cost

 

Muhammad Farooq Textile Mills Limited (MFTML) as an Internal Auditor                                             (Jan 99 to Apr-02)

MFTML was first composite listed textile company in Pakistan. MFTML was manufacturing and selling Yarn, Fabric and Garments.

Key Responsibilities:

·         Pre & Post Payment Audits

·         Checking for Compliance of Set of Internal Controls (Financial)  in the shape of Policies, Rules & Procedures and Suggesting Alternate / Improvement where Possible

·         Purchase Rate Audit (including Market Survey)

·         Test Checking of Quantities of Goods Received

·         Store & Spares Physical Checking on Random basis

·         Head Count on Random Basis

·         Supervision of Destruction / Scraping of Used Parts

·         Physical check on test basis for Quality and Quantity of Goods Dispatched

·         Scrutiny of General Ledger

·         Reconciliation of  Advance to Staff

·         Audit of Leave Record with Time Record

·         ISO 9000 Audit (Internal) for Compliance of Procedure, Work Instructions and Schedules

 

SIGNIFICANT ACHIEVEMENTS:

·         Detected Frauds in Purchases

·         Successfully Completed In-house course of Internal Audit for ISO 9000

·         Reduced Paper work by improving system of Stores & Spares and Purchases

·         Suggested alternate for Cotton Coverage and other items

 

Hecny Trans Pak (Pvt) Limited Manager Finance, a logistic company                                                        (Feb-89 to Aug-96)

Hecny Trans Pak is a subsidiary of Hecny South West Asia being a member of Hecny Group having its head office in Hong kong. Hecny is pioneer of freight forwarding business is Pakistan.

 

Key Responsibilities:

·         Monthly Financial Statement Reports to Regional Office.

·         Compilation of Statutory accounts, arranging audit thereof and filling tax & corporate return thereof.

 

 

Otsuka Pakistan Limited (OPL) as a Deputy Manager Finance                                                                      (Feb-89 to Aug-96)

OPL is a subsidiary of Otsuka Pharmaceutical Co., Japan; manufacturing IV Solutions in Pakistan.

Key Responsibilities:

·         Gen. Ledger Maintenance (Manual than Computerized)

·         Finalization of Statutory Financial Statements & Coordination with External Auditors

·         Product Costing including Contribution Report

·         Monthly Management Report to Japan Head Office

·         Assets Management

·         Internal Audit (Leave Record)

·         Feasibility and Various MIS Reports

·         Filing Staff Tax Returns & Statements

·         Filing Corporate Tax Returns, Statements and attending hearings.

·         Provident Fund Accounting, Investment Planning and  Coordination with External Auditor thereof

·         Sales & Accounts Receivable Monitoring

·         Arranging Audit and Remittance of Tech. Assistance Fee

·         Calculation of Financial Charges and matching it with Financial Institutions’ workings

 

SIGNIFICANT ACHIEVEMENTS:

·         Computerization of Accounts, Inventory, Costing, Assets Management Provided by Parent Company

·         Made Changes according to Local  Requirements in above Programs in Cannon Basic Language

·         Maintained Payroll of more than 300 Employees in Lotus (including, Loan Registers, Social Security & Old Age Cont., Bank Transfer Letter, Cash Denominations)

 

ERP & MS OFFICE CONCEPTS

 

Hands on experience with the following ERPs:

·         Microsoft Dynamics AX2012 R2

·         Oracle Business Suite

 

Excellent user of MS Excel including financial modeling using Data Table, Scenario Manager, Goal Seek, Data Validation. Also well versed in using financial functions specifically used in Capital Budgeting like PV, NPV, IRR etc. and also have been a regular user of MS Word, Outlook and Power Point.

 

Academic Education
B.Com
University of Karachi
1988
HSC
Karachi Board
1985
SSC
Karachi Board
1983
PROFESSIONAL ACHIEVEMENTS & ADVANCEMENTS
Attended:

In-house training for ISO Audit arranged by Muhammad Farooque Textile Mills Limited
Workshop arranged by Employers Federation of Pakistan for Material Planning
Workshop on Leadership Skills arranged by AOTS (Japan) in Karachi.
Workshop on Negotiation Skills arranged by PAAPAM
Various Lectures & Seminars / Workshops arranged by ICMAP, ICAP & other Professional Bodies on Finance, Taxation, Corporate Laws, Accounts, Cost & General Management
PERSONAL INFORMATION
Father’s                               :               Ahmed A. Shakoor

Member Ship No             :               F-2138

Birth date                           :               11 December 1966

Nationality                         :               Pakistani

Languages                          :               Urdu & English (Good); Arabic (Average)

Location

Education

F

Fellow Member

1993
Institute of Cost & Management Accountants (Pakistan)

Major Subjects, Financial & Managerial Accounting, Audit, Taxation and Corporate Laws.

B

Bachelor of Commerce

1988
Karachi University

Major Subjects: Accounting. Economics, Management.

Work & Experience

G

Group Chief Financial Officer

July 1, 2016
Maxitech Pharma (Private) Limited

Dealing with External Auditors, FBR (Inland Revenue), SECP, EOBI, SESSI, SRB, Excise & Taxation Deptt.

S

Senior Manager Accounts

June 1, 2002 - March 15, 2007
Gadoon Textile Mills Limited

Product Costing, Count-wise profit per spindle statement, Monthly Management Accounts, Coordination with External Auditors, Corporate matters and assisting Group Tax Director.