Muhammad Yousaf

Experience

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  JJ Food Services, UK

  Feb 2004 - Jun 2004

  Accounts Officer

  Prepared Bank Reconciliation Statement on daily basisVouched the in-reconciled items to reduce the reconciliation differencesCompiled information necessary for the computation of salaries i.e daily working hours, attendance checking etc.Finalization of RTGS sheet for the salary transfer.

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  A Desaur & Co, UK

  Jul 2004 - May 2006

  Assistant Accountant

  • Performed audit assignments for small and medium size enterprises• Prepared financial and management accounts for clients • Compiled information up to trial balances• Analysed records for preparation of accounts• Wrote books of accounts from source documents• Performed work in computation of VAT liability • Prepared and maintained payroll records• Provided payroll services on ad hoc basis• Computed and timely submitted statutory returns i.e. VAT, Payroll etc• Performed work required during the tax investigations• Assisted in various consultancy assignments such as selection of VAT Schemes / VAT accounting basis / combination of salary and benefits etc. Show less

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  GC Accountants, UK

  May 2006 - Sept 2007

  Assistant Manager

  • Led audit assignments from planning to finalization• Prepared and finalised financial and management accounts• Compiled and timely submitted personal, corporation and other tax returns• Supervised and trained a team of three junior auditors • Delegated and reviewed the work of junior members of staff• Regularly interacted with the clients on key issues• Performed work required during tax and accounts investigations• Dealt with authorities on clients’ statutory issues• Coordinated with partners and managers on assigned tasks Show less

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  Master Tiles & Ceramic Industries Ltd

  Dec 2007 - Dec 2023

  •Key member of strategic planning team to meet the financial needs of the GROUP. Managing portfolio of over Rs. 30 Billion and resolving all issues related to the financial borrowings of the GROUP e.g. negotiations with financial institutions on fresh borrowings / Rescheduling / Renewals / Restructurings of fund and non fund based finances i.e. L/C (S&U), L/G, export finances, leases, sales and lease backs, BMRs, consortium financings etc with Eleven (11) different financial institutions. Raised external borrowings of the company gradually from Rs. 800 Million to Rs. 30 Billion.•Reporting on imports & exports related financial and operational issues for decision making. Re-engineered and re-designed the flow of documents for prompt recording. Assisted in the development and implementation of MIS for local purchase, imports & exports.•Spearheading the function of compilation of management reports, cash flows and commentary on them. Reviewing of statutory accounts to ensure the compliance with the local laws / GAAPS, regulations and with IAS’s. Management of day to day accounting function i.e. resolving all the discrepancies related to the reconciliations, checking the authenticity and accuracy of daily transactions before their effects to financial statements.•Liaison with the external auditors, internal departments and other stakeholders such as regulatory bodies e.g. SECP, State Bank of Pakistan (SBP) etc in order to achieve corporate goals and have established excellent working relationships with them.•Reporting to CEO and ensure that the systems, processes and controls are efficient and effective and supportive to continuous business growth.•Supervision and timely reporting on group’s performance by applying key performance indicators. Preparation of projections, forecasts and cash flow statements. Managing and advising on monthly and quarterly financial budgets. Delegation and administration of work of Twenty (20) team members. Show less

  • Deputy General Manager

    Jan 2021 - Dec 2023

  • Sr. Manager Finance & Accounts

    Dec 2007 - Dec 2021
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  Gift University, The Professional's Acadamy of Commerce (PAC) College, Elite Group of Colleges

  Jan 2008 - Jun 2012

  Visiting Faculty Member

  The Professional's Academy of Commerce (PAC):Helped above 400 students of ACCA & CAT in their attempts to pass their respective exams of Taxation & Financial AccountingGift University:Benefited M.S.C. & B.S.C. students by developing their skills in the fields ofFinancial Accounting, Auditing & Business Law during their studies at GIFT University.Elite Group of Colleges:Taught the subject of Auditing by giving practical examples and introduced the M. Com students with practical documents involved during the process of practical auditing. Show less

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  Master Beverages & Foods Limited

  Jan 2015 - Dec 2018

  Senior Financial Consultant

  Master Beverages & Foods Limited (MBFL) is a newly established corporate entity sponsored independently by the directors of Master Tiles & Ceramic Industries Limited. The Company aims to compete with the world renowned brands in terms of taste, variety, quality, price and product mix.KEY AREAS OF INTERESTS:i) Adviser to Chief Executive & Directors on financial planning & management of matters related to financial arrangementsii) Preparation of initial feasibility report of the new venture to establish total cost of the project, costing based on product mix, expected cash flows, profitability reports, capacity utilization with seasonal variations, industry overview, customer base etc.iii) Preparation of management accounts on quarterly, bi annual and annual basis.iv) Established excellent business relationships with financial institutions and maintenance of those relationships in the best interests of the company with highest standards of professionalism.v) Successfully introduced the company to financial institutions and has raised their acceptability for financial accommodations for this new project. Show less

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  Remit Choice Limited

  Dec 2023 - now

  Chief Financial Officer