Abid Ali

Experience

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  Service Industries Limited

  Feb 1991 - Nov 1992

  Costing Manager

   Introducing and developing costing and management accounting system which helped the site to improve profitability Developing time based labour rating system using time and motion study techniques that helped the Site Management to reduce labour cost and improve labour efficiencies  Developing and introducing online material consumption and yield checking system which resulted in drastic decrease in raw material consumption Developing Production (shop order) flow reporting System that helped the management to curtail in process production losses Introducing and developing Batch wise, daily, Weekly profit and loss accounts to provide Site management instant operational health check mechanism; consignment purchase invoice checking system Accountable for introducing and developing Standard costing and budgetary control system Controlling and reducing inventories, increasing stock turnovers and reducing operating cycle Improving and refining production, purchasing and store reporting systems. At times headed Work study, IT, Material Management and Costing departments Show less

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  GlaxoSmithKline

  Nov 1992 - Aug 2008

  Financial Controller/OE Champion/Risk Manager/Knowledge Manager

  GlaxoSmithKline is one the top global healthcare group which discovers, develops, manufactures and markets Pharmaceutical and Consumer Healthcare productsServed in various roles like Financial Controller, Senior Manager Finance, Operational Excellence Champion and Risk Manager, Knowledge Manager and Technological Innovation Champion: Key Deliverables:• Accountable for budgeting, forecasting processes, develop business plans, Review packs and disseminate to group using Cognos/Dashboard/Unison systems and meeting all timelines.• Served as Financial controller of Major manufacturing facility of GSK Pakistan and coordinator for all the four manufacturing sites in Pakistan.• Provided leadership to site finance teams and managing whole financial activities of the sites.• Liaised with commercial colleagues for audit processes and statutory reporting.• Directed and controlled site activities relating to Finance and Accounting functioned to ensure a sound system of Internal Controls in place and in use in line with the requirements of Sarbanes Oxley.• Responsible for developing and implementing financial policies, financial systems and SOPs (finance and internal control related) for all the Manufacturing sites of GSK Pakistan.• Managed and coordinated Enterprise Risk Management Process, developed Risk logs, Risk register, STPs, Risk Mitigation Plans and Business Continuity Plans• Provided financial analysis and recommendations for actions on deviations from plans for production performance, operating expenditure, capital expenditure and working capital.• Managed standard costing process, Activity Based Costing and liaised directly with commercial markets on costing issues and cost estimates for new products• Benchmarking of Critical Production and Key Performance Indicators of the site• Instrumental in the blue-chip projects like Functional Baseline, Sigma Matrices, Lean Lab, Energy Conservation, 5s, Door to Door, OEE, Vision Factory and ACVA. Show less

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  Alzawaq Foods Factory

  Jul 1995 - Jun 1996

  Finance Manager

  Finance Manager (Reporting to Plant General Manager): Key Deliverables:• Developed complete Accounting and financial systems and processes for newly established business.• Established Finance, Procurement, IT, HR, Production Planning, Logistics and distribution departments and developed processes like Accounts Payables, Cash and Bank Management, Accounts Receivables, Sales Order Processing, Fixed Assets Management, Payroll Processing, L/C /Consignment Cost Management, Budgeting, Forecasting, Planning, Management/Statutory Reporting, Supply Chain and Procurement management.• Developed in house IT systems including General Ledger, CWIP, AP, AR Inventories, Fixed Assets, Consignment Costing, Budgeting and Variance analysis.• Instrumental in evaluating Capital Projects, Investment proposals evaluations, Financial Feasibilities and Funds Management. Show less

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  Pakistan Telecommunication Company Limited

  Nov 2008 - Jun 2009

  General Manager Finance

  PTCL is the largest telecommunication Company in Pakistan providing wide range of telecommunication services & market leader in every product line, the organization is subsidiary of UAE based Telecommunication group EtisalatGeneral Manager Finance/Cost Management (Reporting to Executive Vice President/ Etisalat Senior Advisory Member)Key Deliverables:• Accountable for operational excellence of the whole organization with respect to optimal usage of financial resources and bring efficiencies/effectiveness in every echelon of business.• Facilitated SAP implementation particularly, FICO, HCM (Human Capital Management), Investment, Projects, Capital work in progress, Assets Accounting, Fund Management, Accounts Payable & Receivable, Inventory Management, MRP, Supply Chain Management, Business Intelligent & Work Flow Application.• Facilitated development of Procurement and Finance Manuals, Delegation of Authority Matrix, Internal Control Framework and SOPs • Implemented 16 value streams in diverse business areas including Energy Conservation (Fuel topping change of static meters), Functional Baselines, Network Rationalization (closure of Exchanges with less than 100 active lines), Space Utilization (de-hiring of rental buildings), Creation of Sub Store and inventorying spare equipment in SAP, Rationalized Level 3 Maintenance Contracts, Registration of PTCL Properties, accelerated Processes/Systems improvement and initiated Resource Austerity Drive to harvest maximum benefits from transformation of a government stricken setup into Commercially Agile /Responsive Organization• Instrumental in the statutory reporting process particularly half yearly and quarterly results presentation• Monitored progress of Finance teams and motivated them to achieve stated targets of the company within the time constraints. Show less

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  Four Brother Group

  Dec 2009 - Nov 2011

  Group Financial Controller

  Four Brothers group comprises of 16 companies engaged in Telecommunication (LDI, LLO, Tele Equipment, and Trend Mobiles), Engineering, Foods, Business Solutions, Pesticides, Fertilizers, Seeds, HEIS, and Corporate Farming etc. The group achieved over Rs. 6b revenue in its very first year of business and developed strong agri services Franchisee network..Group Financial Controller/CFO reporting to Group Chairman.• Accountable to provide leadership and head of Finance, IT and Supply Management functions.• Negotiate with banks to arrange funds, agree credit limits, funds rationing and managing the cash cycle to provide suffice funds to coup with hyper business growth.• Responsible to develop/manage systems and procedures, develop performance criteria (KPIs) and overall looked after top line Bottom line results of the whole group.• Engaged and involved in the strategic decision making, provided financial evaluations and decision making framework for new projects and investment opportunities.• Looked after the legal, statutory, corporate affairs and taxation related matters of the group, dealt with all regulatory matters relating to PTA, PTCL and Interconnect/international operators with respect to, CPP and USF.• Provided business and leadership expertise which helped to attained exceptional business results with many folds increase in sales and profitability. Show less

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  Wincom (Pvt.) Limited

  Apr 2011 - Dec 2011

  Head Of Business Excellence

  Wincom (Pvt.) Limited is an Abu Dhabi Group company engaged in the development and management of telecom infrastructure of Warid and Wateen Telecoms. The company is also involved in developing the software and providing managed services solution to Bank Alfalah for Branchless Banking and BISP (Benazir Income Support Program).Head of Business Excellence Reporting to Chief Executive Officer (Wincom and Raseen)• Accountable to provide leadership to Finance, IT, HR, Admin, legal and corporate affairs functions and overall looked after the team of 20 professionals engaged in all echelons of support services.• Engaged and involved in the strategic decision making, provided financial evaluations and decision making framework for new projects and investment opportunities.• Led mega project of merger, process integration and in sourcing of Wincom operations by Warid Telecom.• Led the teams to develop Branchless Banking software. Show less

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  Refhan Maize Products Co Limited

  Jan 2012 - Jul 2017

  Finance Director & CFO

  Rafhan Maize is a public limited listed company- subsidiary of Ingredion INC. USA .. The Company is engaged in the production and marketing of Industrial Ingredients from agriculture produce like Corn, Rice etc.CFO and Director Reporting to Chief Executive Officer and EMEA Regional Finance Director• Accountable to provide leadership to Finance, IT, Procurement, Corporate Affairs and Supply Chain functions and overall looking after strong team of professionals engaged in diversified echelons of support services.• Engaged and involved in the strategic decision making, provided financial evaluations and decision making framework for new projects and investment opportunities.• Leading the teams for accelerated benefit delivery and value addition to shareholders and all business partners• Made quick turnaround to lift the company market capitalization by four times and doubled the profitability during just in five years• The Company won every excellence award including but not limited to KSE top 25 high performing companies, MAP Best Managed Company, ICAP/ICMAP Best Presented Annual Accounts, and SAFA Best Presented Accounts during last five years.• The Company has been among the best managed business within the country with respect to EPS and Dividend payouts. Show less

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  Shamzapak (Pvt.) Limited

  Jul 2017 - now

  Chief Executive Officer