Muhammad Zain Javaid

Muhammad zain javaid

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location of Muhammad Zain JavaidLahore, Punjab, Pakistan
Followers of Muhammad Zain Javaid934 followers
  • Timeline

  • About me

    Accounting & Finance Professional | Ex-1320MW Power Plant | Financial Reporting | Import & Export| Treasury Management | Import & Export| Cash Flow Management |

  • Education

    • Icaew finalist

      2018 - 2023
      Accounting and finance
    • Professionals' academy of commerce

      2014 - 2016
      Chartered accountant (ca) accounting and finance

      Activities and Societies: Swimming CA

    • Sharif education complex

      2005 - 2008
      O-levels business/commerce, general

      Activities and Societies: Debate

    • Acca

      2018 - 2023
      Acca fellow member accounting and finance
    • Pakistan institute of public finance accountants

      2024 - 2024
      Associate member
    • Acca

      2010 - 2013
      Association of chartered certified accountant(acca) accounting and finance

      Activities and Societies: Debate Team

    • Oxford brookes university

      2011 - 2015
      Bachelor's degree accounting and finance

      BSc (Hons) in Applied Accounting

    • Acca

      2008 - 2010
      Certified accounting technician (cat) accounting and finance

      Activities and Societies: Swimming

    • Acca

      2011 - 2012
      Advanced diploma in accounting and business accounting and finance
    • Acca

      2013 - 2018
      Acca member accounting and finance
    • Virtual university of pakistan

      2020 - 2024
      Bachelor of business administration - bba finance, general a
  • Experience

    • Tariq abdul ghani maqbool & co.

      Jun 2012 - Sept 2013
      Accounting trainee

      ●Organized comprehensive audit working papers and meticulously recorded findings, ensuring full compliance with audit standards and regulatory requirements.●Contributed to preparing financial statements, such as balance sheets, income statements, and cash flow statements, ensuring accuracy and compliance with accounting standards.●Provided support in managing loans, advances, and payroll processes, ensuring precise and timely processing.●Prepared withholding tax (WHT) statements and supported the accurate calculation and timely filing of WHT obligations.●Created bank and creditor reconciliation statements to ensure accurate financial records and identify discrepancies. Show less

    • Acumen consulting

      Jan 2014 - Jun 2014
      Internal auditor

      • Preparation of financial statements (in line with the provisions of International Financial Reporting Standards (I.F.R.S.)) for a National level University.• Preparation of business plan for privately owned developing firm.• Preparation of working papers and audit report of a renowned University of Gujrat, Sialkot campus.• Bookkeeping on W.A.V.E. app. Software

    • Ikan engineering services

      Jul 2014 - Sept 2015
      Taxation officer

      ●Ensured compliance with tax regulations and financial reporting standards, supervising the preparation and filing of VAT returns and other statutory documents, which resulted in a 100% on-time submission rate.●Managed accounts payable and receivable processes, including invoicing, payment processing and collections.●Supervised the preparation and submission of tax returns, including VAT, corporate tax, and other required filings.●Directed all general ledger activities, including journal entries, reconciliations, and the maintenance of precise financial records, resulting in a 30% reduction in reconciliation discrepancies and a 20% faster month-end closing process.●Administered all tax compliance activities, including the calculation, preparation, and submission of tax returns.●Advised on tax planning strategies to lower tax liabilities and optimize the company's financial health, resulting in a 12% reduction in effective tax rates and contributing to a 5% increase in overall financial stability. Show less

    • China huaneng group

      Oct 2015 - now

      ●Analyze financial performance and provide insights to support strategic decision-making.●Manage accounts payable/receivable, payroll, and general ledger activities.●Manage cash flow, liquidity, and working capital to meet operational needs.●Optimize banking relationships and oversee fund transfers, investments, and debt management.●Coordinate audits and liaise with external auditors.●Liaise with banks, regulatory authorities, auditors, and financial institutions.●To deal FX transactions with the treasury desk of banks, negotiate export documents & proceeds and to manage import payments.●Fund management of Employee Provident Fund of more than 200 Million PKR investing in T-bills, TDR, Saving Accounts.●To manage relationships with banks for raising and managing funds/loans.●Coordination with import and export departments on different issues like Letter of Credit,Import Contracts & Open Account etc Show less ●Analyzed financial statements and performed cash flow analysis, ensuring adherence to relevant regulations and IFRS, resulting in a 15% improvement in compliance audit scores over a two-year period.●Conducted a comprehensive technical review of 100+ general ledger entries, identifying and rectifying discrepancies that led to a 20% reduction in audit findings and facilitated the timely and accurate preparation of financial statements for quarterly audits●Generated management reports with key financial metrics and insights, which supported senior management in making strategic decisions that led to a 10% increase in operational efficiency and a 5% boost in profitability.●Complete the month-end and year-end closing processes, ensuring accurate and timely financial reporting. Reconcile accounts and make necessary adjustments as required.●Identified and implemented opportunities to streamline financial processes and improve operational efficiency.●Supervised cash flow and liquidity management, encompassing cash handling, banking operations, credit lines, and treasury activities.●Engaged in financial audits, ensuring strict adherence to internal controls and regulatory compliance, which contributed to a 30% decrease in audit discrepancies and enhanced overall audit performance.●Established strong relationships with banks, financial institutions, auditors, and other external partners, facilitating smoother financial transactions and securing favorable terms for credit lines, reducing interest expenses by 5%.●Reviewed letters of credit documents for compliance with international standards and processed all LC files, ensuring a 100% compliance rate and facilitating seamless international transactions.●Collaborated with cross-functional teams to develop annual budgets and financial forecasts, monitored performance against budgets, and investigated variances; this led to more accurate forecasts and a 7% improvement in budget adherence. Show less

      • Manager Finance & Accounts & Treasury

        Jan 2025 - now
      • Assistant Manager Finance and Accounts

        Nov 2020 - Jan 2025
      • Senior Account Executive

        Oct 2015 - Oct 2020
    • Skylite group

      Aug 2022 - now
      Managing director

      • Lead and manage the accounting and bookkeeping team, including recruitment, training, and performance management.• Develop and implement accounting policies, procedures, and best practices to ensure efficient operations and client satisfaction.• Foster a collaborative and high-performance culture within the team.• Oversee all client accounts, ensuring the delivery of accurate and timely accounting and bookkeeping services.• Maintain strong relationships with clients, understanding their needs and providing tailored financial solutions.• Conduct regular client meetings to review financial statements, discuss financial performance, and provide strategic advice.• Ensure the preparation and delivery of accurate financial statements, including balance sheets, income statements, and cash flow statements, for all clients.• Ensure compliance with UK accounting standards, tax laws, and regulatory requirements for all client accounts. Show less

  • Licenses & Certifications

    • Accounting – control and monitoring of cash

      Institute of management accountants (ima)
      May 2014
      View certificate certificate
    • Diploma in business process management

      Stanford university continuing studies program
      Feb 2014
      View certificate certificate
    • Diploma in accounting – advanced controls and transactions

      Chartered institute of management accountants (cima)
      Mar 2014
      View certificate certificate