Muhammad Abid Hussain ACCA (MSc PM)

Experience

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  Industrial Boilers (Pvt) LTD

  Jan 2013 - Jan 2015

  Accounts and Finance Executive

  • Successfully managed accounting functions, designed and implemented accounting policies and procedures, analyzed financial information, and determined reporting objectives for the organization.• Objectively handled notices and queries from regulators, financial institutions, and external auditors.• Prepared Feasibility Reports and Financial reports as well are my key responsibilitieshere.• Managed Receivables and Payables by maintaining working capital cycle.• Prepared Monthly Bank reconciliations statements and handled financial matters with Government departments and Private Individuals Daha az göster

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  Digicom Trading Private Limited

  Jan 2016 - Jan 2017

  Manager Accounts

  • Ensured effective strategic and operational monitoring and reporting, financial planning, budgeting and compliance to enhance the decision-making process of Senior Management, helping foster profitable and sustainable growth of the company. • Prepared financial statements for the company, performed variance analysis, and improved cost allocation to maximize profits • Managed the stock and distributed it to wholesalers according to their demand orders and availability of stock• Arranged meetings and liaising with clients to understand their requirements and process to change their credit limits. Daha az göster

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  Kohinoor Spinning Mills Limited

  Jan 2018 - Mar 2021

  Internal Audit Officer

  • Evaluated the adequacy, effectiveness, and efficiency of internal control systems, procedures, and recommended corrective actions to improve operations, enhance internal controls, and reduce costs where possible. • Provided valuable input on risk management and control management over operations' effectiveness, and compliance with all applicable directives and regulations. • Conducted weekly and monthly audits of all production departments and compared final yield reports and process reports with the previous month's reports, making recommendations for further improvements.• I conducted surprise checks of the main store and mini store's stock items, compared them with system records, checked rates from the market against our own records, validated approval rates, performed supplier due diligence, verified payments, identified improvement areas in payments, and suggested controls. Daha az göster

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  HIK Textiles (Pvt) LTD

  Jan 2021 - Jan 2023

  • Prepared Audit scope, audit programs, finalized audit working papers, conducted internal audit, performed risk assessment, conducted stocktaking, Bank reconciliation statements, and verified financial statements for compliance with IFRS& IAS.• Designed and executed efficient budget models and implemented them across the company. Forecasted future budget needs, implemented effective payroll processes, completed field work, and prepared audit reports reflecting the results of the work performed..• Successfully implemented a new cloud-based ERP system and designed controls to make it user-friendly and prevent any fraud and errors at all stages of operation• Managed tasks such as pre and post audits related to expense payments, implemented an expense audit plan across the company and identified variances between actual and budgeted financial results at the end of each reporting period. Daha az göster

  • Audit Manager

    May 2022 - Jan 2023

  • Internal Audit Executive

    Jan 2021 - Jan 2022