Mubbashir Rehman Khan, ACA

Experience

• 

  Crowe Horwath International

  Nov 2010 - Jan 2018

   Preparation of company accounts as per International Financial Reporting Standards and variance analysis (Budget vs. Actual) which also include bookkeeping and preparation of management information Assisting & training staff in accounts preparation & audit testing at client’s site Developing reports for top management summarizing business financial position in areas of income, expenses, capital usage, cash flows, coordinating the preparation of strategic plans, budgets and financial forecasting Coordinating preparation, maintenance and filing of projected P&L account, bills discounting and balance sheet as required by bank authorities and other financial institutions Improved analytical skills through risk assessment of critical and significant audit areas. Evaluation of accounting and internal control systems and highlighting control weakness and recommending improvements to the management. Enhanced my financial reporting skills through verification of financial statements and its compliance to applicable laws and regulations, International Financial Reporting Standards (IFRS) and reporting requirements as are applicable to organizations. Involved in the reporting process and preparation of audit reports. Co- trained and organized a capacity building program for newly inducted trainees, which focused on stock taking and audit execution phase. Preparing proposals for gaining business from potential clients. Working with the QCR department within the firm has enabled me to evaluate audit documentation as per the quality control standards of ICAP. Show less

  • Senior Auditor

    Feb 2012 - Jan 2018

  • Internal Auditor

    Nov 2010 - Jan 2012
• 

  Askari Guards (Pvt) Limited

  Feb 2018 - Nov 2019

  Assistant Manager Finance

  Job description as AM Finance of security services and cash in transit, supervising Finance & Accounts department by looking after are: -  Finalization of statutory and internal financial reports  Finalization of monthly consolidated P & L and Balance Sheet  Review of Company’s Performance (Monthly / Quarterly basis)  Managing guard salary disbursement more than 250 Million per month  Financial Analysis & review.  Liaison with external auditors & internal auditors.  Financial Planning, preparation & finalization of Budgets and Company Annual Plans  Budgeting and Budget Monitoring (Head of Accounts variance analysis) Oversees financial evaluation of company contracts, insurance and procurement.  Receivable management (Debtor’s ageing, provision for Doubtful Debts & Write off cases)  Maintenance of financial ledgers, accounting processes and fixed assets register Revenue Reconciliation (GMS v. Peachtree) Intercompany Reconciliation (13 regions) Bank Reconciliation Review {Monthly Collection (Un-credited chq) & Imprest Accounts} Coordination with HO AMF for Guards Induction/retirement, Client addition/deletion, invoice wise and date wise movement in order to authenticate revenue. Following are the key task assigned by management  I have act as a power user of SAP. I have act as a technical coordinator of installation of financial management system at Askari Guards (Private) Limited with IT professionals and implement the system with respect to ongoing needs of financial reporting framework (IFRS). Implements the Updated IFRS against obsolete Standards. IFRS 16 against IAS 17 (Company is heavily dependent upon conventional leasing facilities) IFAS 2- IJARA (Ijara Leasing facilities) IFRS 15 against IAS 18 IAS 19 (Update the financial data with respect to actuarial valuation) Show less

• 

  Zong CMPak Ltd

  Dec 2019 - Apr 2021

  Executive - Financial Reporting, Receivable & GL

   Ensuring the correct reporting of financial statements of Zong CMPak, CMPak LDI & CMPak Group in line with requirements of related laws, regulations and IFRS. Complete liaison with the external auditors for provision of information, coordinating with all the other departments and getting the audit report as per the timelines. Monthly management & group reporting with complete accuracy and within timelines. Perform ad-hoc analyses on quarterly basis, providing insightful views into the company's operations and financial performance. Refine and improve different balance sheet reconciliations on quarterly basis to identify risk and probable issues from it. Preparation of monthly financial statements and it’s consolidation within group reporting pack. Accurate processing of site sharing settlements of OMOs in coordination and discussion with engineering teams to settle certain balances of receivables / payables. Enhancing the ERP processes for reporting department and for other departments. Timely implementation of new accounting standards and applicable regulations along with system & process development to support the effective implementation. Processing of month end closing: Booking of accruals, operating & other expenses and amortization of prepayments, while ensuring the reasonableness of the amounts involved, against the previous months variance analysis in coordination with other departments to fetch the monthly closing data. Follow and complete all the other tasks assigned by the Line manager as per the assigned timelines Show less

• 

  Murree Brewery

  Nov 2021 - Dec 2022

  Manager Financial Reporting & Compliance

  1. Ensuring the preparation and accuracy of quarterly, half yearly and annual group consolidated financial reporting of Murree Brewery Group in line with requirements of related laws, regulations and IFRS/IAS.2. Liaison with external auditors for finalization of annual statutory audits and half yearly reviews as well as responses to the observations of internal auditors. Liaison with corporate department for corporate activities like dividend, bonus share and BOD minutes. 3. Prepare and coordinates annual budgets, forecasts, year-end close review and presentation before BOD.4. Ensure timelines of statutory compliances as per SECP, PSX and CDC timelines. 5. Ensure optimal investment portfolios and consistent follow up for market best rates.6. Assist the CEO and Board in developing and auditing corporate policies, plans strategies and goals to guide the operations and financial performance.7. Prepare financial planning reports and costing for production department and their contribution margin & Break-even analysis.8. Establish appropriate financing for day-to-day operating needs and monitors cash flow working capital.9. Manage internal and external relationships, including actuaries, valuers, collection agencies, insurance agents, attorneys, vendors and local state agencies as appropriate.10. Responsible for annual review and renewal of property valuation, worker compensation credited, leasing, general liability insurances, and ensures that all appropriate insurances are in place. 11. Maintain accuracy and integrity of all financial statements records including updation of ERP system and designing uniform chart of account at group level in order to ensure uniformity in group consolidation. 12. Handle the banking matters including funded, non-funded facilities, leasing, LC’s and LG’s for smooth flow of import, export and operations department. Show less

• 

  PwC Middle East

  Jun 2023 - now

  Manager Advisory

  Management Consulting - Advisory Finance Function