Moneeb Affan Shafi

Experience

• 

  Mobilink GSM

  Jan 2008 - Jan 2009

  Senior Associate Budgeting Reporting & Planning

  Budgeting Reporting & Encumbrances. Managing Budgets for both GSM and Wimax operations. Implementation of the budgeting module for Mobilink

• 

  Wi-tribe Pakistan

  May 2009 - Aug 2011

  Senior Executive Revenue Assurance

  Worked with Wi-Tribe as a Senior in Revenue Assurance Department The Revenue Assurance department formulates an annual plan of activities to ensure proper coverage of susceptible areas of revenue leakage. The performance is gauged by the following deliverables:1) Recommend fraud prevention processes and system enhancements based on trends and pattern.2) Provide directions and consultation in the protection of assets, avoidance of financial loss and prevention of fraud throughout the company.3) Continuously work to understand and mitigate losses to ensure the highest possible levels of loss avoidance and reduction.4) Maintain in depth understanding of the industry trends relative to risk and loss avoidance.5) Promote quality assurance for ensuring quality revenue sales.6) Financial modeling for the verification of advance Sales Commission structures. Show less

• 

  Emitac

  Aug 2011 - Nov 2012

  Senior Management Accountant

  Responsible for performing and assisting the Finance Department with all aspects of the Company’s financial reporting process and financial analysis. My role is responsible for compiling timely and accurate monthly, quarterly and annual financial statements. Post requires a firm grip over the Automated Financial Models in MS Office with advance financial reporting and financial modeling skills. I have a good understanding of web based reporting tools being used by the company and am also part of the Oracle team.1) Perform analysis of accounts trends / historical variances, suggest adjustment if necessary. 2) Perform detailed Product analysis of performance (monthly, quarterly & annually) to identify potential improvement opportunities. 3) Develop detailed variance analysis on assigned accounts and provide recommendation to management. 4) Track periodical Stock aging analysis and recommend to the Product managers of the impact of the profitability on their. 5) Maintenance of the CAPEX budget for the organization and preparation of Actual Vs Budget analysis to keep a track of the expenditures. 6) Reconciliation of rebates and cash discount receivable from vendor including HP,ACER,LENOVO and SAMSUNG. 7) Analyzing Sales and verification of the Sales Incentives payable. 8) Carrying out financial feasibility analysis before approving sales orders. 9) Analyzing the impact of Vendor OPGs (Order Processing Guidelines) on the product feasibility and profitability. 10) Analysis & preparation of Debtors & Creditors – Ageing, Recovery Periods for the Board review on monthly basis. Show less

• 

  General Motors

  Dec 2012 - Dec 2014

  Senior Account Receivable & Treasury Analyst
• 

  General Motors Middle East

  Jan 2015 - Aug 2019

  I am responsible to support the Controllers Group by leading all Commercial Accounting activities for both Vehicles and Parts businesses. I am also responsible to assist the Finance Department with all aspects of the Company’s Financial Reporting & Analysis. I also lead the dealers with claims and account receivables for both Vehicles and Parts & claims and special projects including LEAN and Operational Excellence.

  • Financial Reporting Manager

    Apr 2016 - Aug 2019

  • Team Lead Technical Accounting & Account Receivables &

    Jan 2015 - Mar 2016
• 

  General Motors

  Jan 2019 - Aug 2019

  Senior Financial Analyst

  Manage a portfolio of entire structural cost for MEO working is close coordination cross functionally to ensure a robust forecasting.Manage integration and implementation with various global systems to ensure accurate reflection of budget, actuals and forecast cyclesDevelop and maintain robust controllership environment and drive process optimization on all key financial controls across all business unitsResponsible for monthly, quarterly and annual reporting to GM GlobalPrepare and present monthly report including financial analysis of actual/accrual performance versus forecast and budget to regional MEACFO& CEO and global Corporate Finance leadership in Detroit, USA.Collaborate with functional stakeholders and summarize explanations for variance (accrual/actual vs forecast/budget) on Revenue/Profit as well as OPEX spending.Prepare and consolidate monthly financial forecast for Profit & Loss, Cash Flow and Balance Sheet statements in close cooperation with all business partners.Develop and as a key finance stakeholder, lead annual budget plan as well as long term plan for MEA Profit & Loss with cross functional stakeholders.Monitor and analyze actual and forecast capital spending (CAPEX); provide insightful analysis to budget stakeholders & through various designed models & reporting Provide MEA leadership with critical financial information & analysis for decision-making as required and perform ad-hoc financial analysis as requested.Continuously analyze and maintain Revenue/Profit & Loss internal R&Os (risks and opportunities) for Finance leadership Show less

• 

  Diamond Denim by Sapphire

  Sept 2020 - Nov 2022

  Head of Finance and Accounting

  • Assist top management in performing all tasks necessary to achieve the organization’s mission and help execute staff succession and growth plans.• Train the accounts and finance unit and other staff on raising awareness and knowledge of financial management matters.• Work with CEO in strategic vision including fostering and cultivating stakeholder relationships on organizational level.• Assess the benefits of all the perspective business flows and advise the Executive Team on a Lean process design and implementation matters.• Ensure adequate controls are installed and that substantiating documentation is provided and available such that all purchases may pass independent audits both internal and external.• Interpreting legislative and programmatic rules and regulations to ensure compliance with all legal guidelines.• Oversee the management and coordination of all fiscal reporting activities for the organization including organizational revenue/ expense and balance sheet reports, reports to management, development and monitoring of organizational budgets.• Oversee all payroll activity for staff and participants.• Develop and maintain the system of internal control to safeguard financial assets of the organization and preparation of the annual financial statements is in accordance with Local GAAP, Federal, provisional and other required supplementary schedules and information.• Oversee all matters including taxation and corporate• Oversee accounts payable and accounts receivable and ensure a disaster recovery plans are in place.• Oversee the maintenance of inventory of all fixed and current assets assuring all are in accordance with rules and regulations.• Performing his roles in implementation and operations of ERP.• Any other relevant task as assigned by the Management. Show less

• 

  IDR

  Sept 2023 - now

  Director of Finance