Faran Khalid

Experience

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  Self-Employed

  Dec 2015 - Sept 2019

  Accounting Mentor
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  Siemens

  Aug 2019 - Oct 2022

  Assistant Commercial Project Manager

  Assistant Commercial Project ManagerPossessing a proven record of working with autonomy and making a significant contribution within Spridon SAP, Synergy plus / commercial administration / accounting and office management including bank issues. Financial accounting and budgeting to month-end, Quarterly, Annual closing (all purchase ordering, sales, Turnover forecast, Cash flow, KPI's) Also possessing excellent MS office, database skills and working to tight schedules. AREAS OF EXPERTISE IN SAP / SPRIDON / SYNERGY PLUS. Cost Controlling / Management of accounts in SAP hands on MM. Review various reports like Order Cost Controlling / Aging reports / PO / Plan, actual, committed cost variances, close monitoring on overdue receivables finding discrepancies arranging timely rectifications & adjustments. Booking orders, preparing WBS / Sales Order / Issuance of Invoice / Debit Note / Credit Note,  Booking of variation orders / Claim / settlement in SAP. Calculation of revenue planning / updating in SAP / preparing monthly Quarterly versions. Monitoring actual cost / Committed Cost / Excess Cost / Excess Billing etc. Monitoring issuance of Purchase orders & monitoring cost through SAP reports, worksheets.  Monitoring analysis of IR (Invoice Receipt / Goods Receipts) & arranging timely posting of Vendor’s Invoices & payments.  Preparation & calculation timely revision in Plan cost & update in SAP. Monitoring and analysis of aging reports and recovery of receivables. Timely amortizing & calculation of Non relevant POC cost to Relevant & arranging reversal through J.V’S.  Assurance timely booking of forecasted Sales / Turn Over before month, year end closing. Audit coordination related to SAP transaction & reports. Show less

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  Upwork

  Mar 2021 - Jul 2022

  Accountant
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  Metropolitan Warehouse & Delivery Corp

  Nov 2022 - Jul 2023

  Accounts Officer

  Detail-oriented finance specialist with expertise in accurate invoice review and recording using Microsoft Dynamics NAV, bank reconciliation, payment posting, revenue reporting, accruals analysis, and cost-revenue evaluation. Proven track record of optimizing financial processes, enhancing decision-making through insightful reports, and efficiently managing vendor communications for discrepancy resolution.

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  Bestway Consultancy Services

  Jul 2023 - now

  -Handling payable processes of Bestway Retail Limited and BestOne-Lead a team of 6 personnel, providing training and guidance-Managing over 100 suppliers effectively-Established and maintained positive relationships with vendors, promptly addressing inquiries and resolving payment-related issues-Prepare and present detailed weekly and monthly management reports, GL analysis, Cost comparison to analyze which supplier is more beneficial, Supplier based profit and loss comparison to see what is causing losses and to escalate to management. Show less -Handling payable processes of Bestway Retail Limited-Process invoices using Ab-initio and OpenAccount-Lead a team of 4 personnel, providing training and guidance-Efficiently processed a high volume of invoices, meticulously verifying accuracy and compliance with company policies and procedures-Established and maintained positive relationships with vendors, promptly addressing inquiries and resolving payment-related issues-Prepare and present detailed monthly management reports, offering key insights into accounts payable performance, and contributing to strategic decision-making-Collaborate cross-functionally to implement process improvements, resulting in almost 30% reduction in errors and increased overall efficiency in the processing. Show less

  • Senior Assistant Manager (Senior AP Analyst)

    Jul 2024 - now

  • Assistant Manager AP Analyst

    Jul 2023 - Jun 2024