Abid Ali

Experience

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  Hashoo Group

  May 2005 - Nov 2005

  Accountant

  Handling tax and other regulatory affairs requirements, have exposure on Import & Export (L/C & Form E dealings). Preparation & finalization of Factory, Head office salary, manual input, output, sale tax invoices & daily production record. Preparation of monthly & annual accounts & maintaining online business accounts such as Pay System, Pay Pal.Prepare financial statement on monthly basis and as requested by the management Handling factory as well as head office petty cash matters & responsible for customers & suppliers credit, debit note affairs & preparation of monthly reconciliation of there accounts.Finalizing monthly consumption of the stores, stock audit & was responsible for preparation of sale tax as well as forwarding sales tax working to the relevant department.Preparation of Managerial & financial accounts of the company. In charge of Accounts Payable, Receivable issues & daily as well as weekly review of account balances for necessary action thereon, filing of monthly sales tax as well as income tax annual returns. Show less

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  Bestway Cement Limited

  Nov 2005 - Feb 2012

  Executive

  Monthly closing of Inventory accounts of all sites.Quarterly stock take conducted with the help of teams of different departments. Capitalization, Factory overhead policy strictly observed. Depreciation policy followed in light of the taxation issues, upon consultation of Tax department. Good in developing & maintaining excellent working relationship with all departments.

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  Industrial Material Supply Fzn

  Jan 2012 - Nov 2015

  Inventory Controller

  Finalizing inventory accounts & costing on monthly basis, ensuring all inward & outward transactions are properly managed. Produce daily reports to ensure critical areas of the stock system are controlled and discrepancies addressed. Develop merchandising information for enhancement of inventory turnover. Conducting cyclic stock checks. Optimize manpower usage for strong receiving & dispatch control system.Ensured warehouse Order management by restricting staff to follow documents for preparing & Loading in a flexible & efficient manner to achieve operational deadlines & make the deliveries in a timely & Customer focused manner. Ensure zero tolerance in regard to “Quality Assurance” policies.Developed SOP’s related to Warehouse & Operations staff to ensure its implementation with the scope to monitor variance. Ensure the compliance of the storage with JAFZA Safety Standard`s requirements.Developed co-ordination between sales, operations, warehouse, logistics & procurement with training & sharing the outcomes of their actions on overall performance of the company, Passed on the developed SOP’s of the company.Significant analysis done over the quantity ordered prior to the PO released to the vendor’s.Handle 2,800 & 10,000 square meter covered & open storage space respectively. Currently handling Inventory accounts valuing above AED 150Million.Responsible for ABC, XYZ, Causative Analysis for enhancement of inventory turnover.Introduced the concept of Kaizen & Lean Ware housing management.Finalizing inventory accounts on monthly basis, ensuring all transactions are properly managed. Conduct training for warehouse & operational staff to handle routine matters effectively.Finalizing daily reports to ensure critical areas are controlled and discrepancies addressed. Conducting cyclic stock checks. Monthly stock valuation & financial reconciliation.Optimize resources of the company to enhance strong control system in place. Show less

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  Fujairah Rockwool Factory

  Nov 2015 - Aug 2016

  Warehouse Manager

  Planning, coordinating and monitoring the receipt, order assembly and dispatch of goods.Liaising with customers, suppliers and transport companies.Using space efficiently and making sure quality & budgetary targets are met.Follow company's policies, vision and how the warehouse contributes to these.Responding to Client requirement by email and telephone.Keeping stock control systems up to date and making sure inventories are accurate.Planning future capacity requirements according to production department requirement.Organising the recruitment and training of staff, as well as monitoring performance and progress.Motivating, organising and encouraging teamwork within the workforce to ensure productivity targets are met or exceeded.Producing regular reports and statistics on a daily, weekly and monthly basis.Briefing supervisor's on a bi-weekly basis.Maintaining standards of health and safety, hygiene and security at work place.Overseeing the planned maintenance of vehicles and equipments.Established an effective interface between warehouse operations, sales department & clients.Prepare and accompany clients for WMS procedure & material handling inspection audits.Ensure compliance to HSE, ISO 9001:2008, Fujairah industrial zone policies and procedures in the warehouse / stock yard.Experienced to handle 6,800 & 20,000 square meter covered & open storage space respectively. Introduced the concept of Kaizen & Lean Warehouse management.Ensure that all operations of warehouse i.e. receiving, locating, shelf maintenance and issuance are carried out effectively and cost efficiently. Moreover Legal / Customs compliance & Client specific requirements (SASO certifications) at all times fulfilled. Show less

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  Harmony Technologies (Pvt) Ltd

  Aug 2017 - Jan 2021

  General Manager

  Responsible for the creation and execution of financial monitoring plans as per Partners requirement.Follow-ups on queries and observations of financial monitoring of Partners programs.Conduct inductions and capacity building sessions / trainings for partner's human resource.Preparation of reports as per partners guidelines.Finance partners, policies and procedures, as per the requirement of Punjab Skills Development Fund (PSDF). Address all requirements and expectations on financial matters during the partnership.Participation in the PSDF project meetings (design, inception, inductions etc.) and understanding ofprojects detailed work plans budgeted activitiesUpdating of project Forecast before submission of documents with PSDF.Conduct internal and external auditing activities for the respective PSDF projects.Finalization of monthly reports & annual audits.Evaluation of the existing processes and procedures in Partner’s financial systems and makes recommendations as appropriate and necessary or as requested by our Managing Director.To support Finance coordinator to ensure contracts and projects are properly closed as per PSDF guidelines for all assigned/thematic pillar contracts.Ensures the completeness, accuracy and timeliness of all monthly progress reports (MPR's) & invoices, to PSDF from partners. Show less

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  Amami Clothing (Pvt) Ltd

  Jan 2021 - May 2021

  General Manager Finance
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  Flint Tech (Pvt) Ltd

  Jun 2021 - now

  Financial Services Consultant

  While working with M/s Flint Tech i am creating and managing budgets for different projects proposals, ensuring alignment with business goals. Monitoring expenditures and identifying areas for cost reduction without compromising the quality of products or services.Identifying and implementing strategies to optimize revenue streams, including pricing models for our products and services. Analyzing market trends and customer behavior to advise on competitive pricing strategies and product positioning.Ensuring that all financial activities comply with relevant regulations, including those specific to the industry, such as data protection and cybersecurity laws. Keeping abreast of changes in financial regulations that could impact the organization and advising on necessary adjustments.Preparing and presenting financial reports to senior management, stakeholders, and the board of directors, providing insights into financial performance and strategic recommendations.Ensuring accurate and timely financial reporting in accordance with accounting standards and corporate governance requirements. Analyzing the financial feasibility of expansion plans, including market entry costs, potential revenue streams, and competitive landscape. Show less

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  The Diabetes Centre

  Sept 2023 - now

  Supply Chain Manager

  While working with The Diabetes Centre i am overseeing the procurement of medical supplies, pharmaceuticals, surgical instruments, and other necessary hospital equipment.Establishing and maintaining relationships with suppliers and negotiating contracts to ensure cost-effectiveness and quality.Managing inventory levels to ensure the availability of critical supplies while minimizing waste and excess stock. Implementing inventory management systems and techniques (e.g., Just-In-Time, ABC analysis) to optimize inventory turnover and reduce carrying costs.Evaluating and selecting vendors based on criteria such as cost, quality, reliability, and compliance with hospital standards. Managing vendor performance and addressing any issues related to supply shortages, delays, or quality concerns.Coordinating the distribution of supplies and equipment throughout the hospital, ensuring timely delivery to various departments. Overseeing the transportation and storage of goods, ensuring proper handling to maintain the integrity of medical supplies.Ensuring all procurement and supply chain activities comply with relevant healthcare regulations (DRAP), and hospital policies.Developing and managing the supply chain budget, monitoring expenses, and identifying opportunities for cost savings. Analyzing financial reports to ensure that supply chain activities are within budgetary constraints.Implementing quality control measures to ensure that all supplies and equipment meet hospital standards and regulatory requirements. Addressing any issues related to the quality or safety of supplies, including recalls or defective products.Identifying potential risks in the supply chain, such as supplier reliability, supply disruptions, or regulatory changes. Developing and implementing contingency plans to mitigate risks and ensure the continuous supply of critical items. Show less