Khurram Khan

Experience

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  Engro Corp

  Sept 2013 - Oct 2015

  Finance Officer - Consumer Packaged Goods

  Financial Dashboard for 3P Manpower Cost Optimisation: Created financial model/dashboard to analyze operational SG&A costs that led to 25% cost savings.Accounts Payables Optimisation (AP): For procurement of $15 billion of rice crop, optimised the process flow to ensure over 350 payments are reconciled, verified, and processed within 24 hours and support the relationship building with rice farmers.Accounts Receivables Optimisation through Banking (AR): Worked with banking institutions to ensure payment instruments verification and reduce the risk of counterfeiting/fraudulent payment instruments. Show less

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  Engro Corp

  Jun 2016 - Sept 2017

  Assistant Manager Audit and Controls - Energy Division

  Financial Risk Assessment & Mitigation (SOX Compliance): Designed and implemented financial controls as per SOX requirements. Internal Audit for Contractual Services: Conducted internal audits for contractual services and identified and resolved weaknesses in the 3rd party attendance system, leading to $31,000 savings annually.

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  Harbin Electric Company Limited

  Oct 2017 - Aug 2019

  Manager Finance

  Financial Planning, Analysis & Reporting: With a team of 2 and for a budget of $130 million, managed financial planning, analysis & reporting for power plant operations @ 1180MW powergen facilitySAP ERP Implementation Project: Collaborated with head office team to implement SAP B1 finance module ensuring accurate financial management and reporting.IFRS Accounting Treatments & GAAP: Spearheaded the optimisation of finance function in line with global IFRS & GAAP practices to enhance financial controls & compliance.Financial, Income & Cashflow Statements Preparation: Led the financial, income & cashflow statements preparation and presented to executive leadership with actionable insights. Show less

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  Airlift Technologies

  Sept 2021 - Jul 2022

  Finance Manager

  Finance Operations & Transformation Leadership: With a team of 13, spearheaded financial operations, treasury & reporting along with finance transformation to improve compliance, controls & transparency.ERP Implementation Project Management: Designed & implemented ERP system as per business operating model that streamlined the entire quote to cash and source to pay process including e-invoicing system and withholding tax module.Procure to Pay Integration with ERP: Streamlined procure to pay process through integration of bank's online payments portal with ERP, leading to 25% increase in daily payments capacity with more accuracy and transparency.Accounts Payable Process & Resources Optimization: Successfully reduced payment issue resolution time by 50% through reengineering of the payable team structure, fostering team productivity and enhancing vendor relationships.Treasury, Working Capital & Forex Risk Management: Led treasury operations, working capital funds allocation & forex risk hedging to ensure appropriate funding availability for operational growth.Operations & Inventory Optimisation: Prepared accurate inventory forecasts based on updated trends leading to 35% cost savings.Variance Analysis, Root Causing & Mitigation Plan: Prepared periodic budget vs actual variance analysis with root causing and assisted the leadership team in developing robust mitigation plans. Show less

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  Finja

  Nov 2022 - Jul 2023

  Senior Finance Manager

  Strategic Financial Planning, Analysis & Reporting: Led a team of 5 to spearhead strategic financial planning & analysis, monthly closings and reporting of financial statements & performance to executive leadership.Mergers & Acquisitions and Transaction Services (M&A): Played a key role in the successful sale transaction of Finja Private to a Chinese buyer, managing due diligence to signing of SPA.Strategic Financial Planning: Restructured the balance sheet by recognising an intangible asset with a financial impact of $5.2 million, strengthening company financials.Operating Cost & Profitability Optimisation: For Utilities, Licenses and Manpower, assessed the financial performance and reduced operating costs by as much as 25% to enhance profitability. Pricing & Channel Strategy & Competitiveness: Prepared & presented detailed financial analysis to revamp pricing strategy across different channels and products to ensure profitability & margin growth.Complex Financial Modeling & Scenario Analysis: Developed business case for Finja Business, assessing opportunities worth $1 million with stakeholders, demonstrating strong business acumen.Annual Budget Planning Cycle: Acted as the Single point of contact for the cross-functional teams to develop annual budget in line with the business growth plans and highlight short term financing needs.Executive Board Financial Presentations: Prepared and presented financial and ad hoc reports for investors and the board with actionable recommendations. Show less

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  I2c Inc.

  Jul 2023 - Aug 2024

  Manager Finance - Business Process Improvement

  Oracle ERP Implementation: For fixed assets valued at $9 million, spearheaded the implementation of fixed assets module in Oracle Cloud ERP, optimizing the operational and shared services finance efficiency.Vendor Management Dashboard in SharePoint: For 600+ vendors and total spend of $42 million, created a comprehensive vendor management dashboard to visualize spend analysis, vendor performance and accounts payable compliance.Process Mapping for Finance Function: For financial control, treasury, AP/AR, FP&A and Pricing functions, led the end-to-end process mapping for all financial processes identifying areas of improvements.Standard Operating Procedures & Financial Policy Development: Including Level of Authority Matrix and Travel & Entertainment Policy (T&E), successfully developed & implemented 9 SOPs and policies to enhance financial controls and compliance.Financial & Operational KPIs Reporting: Developed & automated data flows to build a comprehensive financial & Operational KPIs reporting dashboard to highlight performance vs plan/budget Show less