Muhammad Hamid Afzal

Experience

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  Serendip Productions

  Jan 2007 - Jan 2008

  Assistant Archive

  • Requisitions entry• Update Borrow, Return record• Check Racks (New stock & Borrowed Items)• Rushes and Master Tapes entry into Database• Make Spines for Rushes and Master Tapes• Beta tapes entry into database• Print reports (Borrowed items and Issued items)• Check stock issued and if stock is finished then buy new stock.• Digitizing Tapes (transfer from tapes to the computer and make (DVDs & CDs.)• Update tables of (Requisition, Add New, Recycle, Borrowed/Return, Monthly reports, Search) in database• Procurement of archive material• Maintaining official files Show less

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  Hunermand Private Limited (HPL)

  May 2008 - Nov 2008

  Office Assistant / Accounts Assistant

  • Invoicing and vouching• Assist in preparing Budgets, Maintenance of accounts books and cash handling• Prepare daily closing report of patty cash handling • Making monthly staff salary sheet• E-Filling of Income and sales tax returns• Dealing with all types of Payments• Dealing with all kind of matters which are related to bank• Monthly audit of the daily expenses sheets and reconciliation of bank statement as well• Filling and documentation and making reports

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  MTBC Careers

  Aug 2010 - Oct 2011

  Accounts officer

  • Maintaining books of Accounts of Holding and Subsidiary company & preparing all types of vouchers• Interaction with financial institutions to ensure that foreign currency fund is converted into Pak Rupees at maximum possible conversion rates• Ensure compliance with various laws and rules applicable to the company such as Income tax, Sales tax laws, company’s ordinance 1984• Maintaining the company petty cash and handling with petty cash transactions and Prepare daily closing report of patty cash handling • Managing the company’s Accounts payable/Creditor and dealing with vendors • Bank, Inter-company reconciliation on bi-monthly bases• Correspondence with auditors and other relevant authorities for taxation E-filling of Payroll and Vendors withholding tax , PRC and other Statutory filling• Variance analyses on annually and monthly • Make balance sheet schedule on monthly bases provide break of ending balances • Budget preparation, actual posting in budget and budget deficit reconciliation• Calculation of employee store on monthly bases• Maintaining tangible and Intangible fixed Asset’s registers• Preparing monthly Expected payment sheets • Preparing schedules of Payables, Receivable, Expenses on annually basis• Reporting to Manager Finance, CAO and top management of the company Show less

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  Global Pharmaceuticals (Pvt) Limited

  Oct 2011 - Jan 2015

  Senior Accounts Officer

  • Responsible for “Accounts Receivable, Accounts Payable, imports, Reconciliations”• Maintaining and forecasting Cash flows• Direct interaction with the 21 Branches all over the Pakistan and resolving their issues and problems regarding Goods Sent, collection, Debit / Credit notes. • Preparing branch reconciliations of 21 branches on bi-monthly basis• Preparing bank reconciliations on monthly basis• Maintaining the company petty cash and handling with petty cash transactions and Prepare daily closing report of patty cash handling • Ensure compliance with various laws and rules applicable to the company such as Income tax, Sales tax laws, and company’s ordinance 1984.• Correspondence with auditors and other relevant authorities for taxation E-filling of Payroll and Vendors withholding income & sales taxes.• Preparing incremental budgets of Operating Expenses for 21 branches and their monitoring and analysis • Preparing monthly Expected payment sheets• Opening of LC, Drafting of Letters • Verifying and Maintaining internal check related to all vouchers of Global Pharmaceutical, Vision Pharmaceutical and its welfare project JSF • Working under time pressure with multiple projects and meeting deadlines• Reporting to Manager Accounts, CFO and top management of the company Show less

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  Rastgar Engineering Company

  Jan 2015 - Jan 2016

  Finance & Cost Coordinator

  • Construct, create and review the controls needed for data accumulation and reporting systems• Payable and Receivable Credit period / Age analysis and there reconciliations• Preparing bank reconciliations on monthly basis• Ensure compliance with various laws and rules applicable to the company such as Income tax, Sales tax laws, and company’s ordinance 1984.• Preparing the monthly performance analysis “Management Review Meeting” of foundry Costs, Machine Shop Costs, Freight Cost & Sales Party wise• Product Costing (Marginal and Absorption) & Product pricing for existing and new products when required• Making estimates of new and proposed product costs when required• Prepare Profitability Analysis reports Product wise & Costumer wise- quarterly/ when required• Planning, Studying, and collecting data to determine costs of business activity such as raw material purchases, inventory and labor, indirect cost (overheads), operating costs & Freight –monthly, quarterly & annually• Coordinate physical inventory counts of packing material (wooden & others), OSE & CSP items and its consumption- monthly• Providing management with reports specifying and comparing factors affecting prices and profitability of products or services when required • Advises as well as consults with the management regarding the costs that might be involved in the manufacturing of the product as well as in the profits When required • Conduct ongoing process constraint analyses• Verification, reconciliation and consolidation of production Logs (Foundry & Machine Shop)- monthly• Production reconciliation and QC’s reports (Foundry & Machine Shop I,II,III)- monthly • Work in special projects as required• Coordinate with other supporting departments on cost related matters Show less

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  PWB HEALTH (UK) LTD

  Mar 2015 - Jun 2015

  Accountant

  • Responsible for “Accounts Receivable, Accounts Payable, Reconciliations”• Maintaining books of Accounts of company & preparing all types of vouchers• Maintaining and forecasting Cash flows• Monthly Employees Salary and Incentives• Preparing bank reconciliations on monthly basis• Recording and Maintaining complete Accounting in Sage 50 Accounts 2013 on daily bases.• Maintaining the company petty cash and handling with petty cash transactions and Prepare daily closing report of patty cash handling • Ensure compliance with various laws and rules applicable to the company such as UK VAT and E-Filling of VAT returns.• Correspondence with Head Office in UK.• Correspondence with the Legal consultant on legal issues regarding Subsidiary Company incorporation in Pakistan of “PWB Healthcare”• Preparing monthly Expected payment sheets• Working under time pressure with multiple projects and meeting deadlines• Reporting to Manager Director , Director Operation and top management of the company Show less

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  Metropolitan Warehouse & Delivery Corp

  Apr 2016 - Dec 2022

  ● Managed and performed the full Accounts Payable cycle, ensuring invoices/expense reports disbursements were accurate with the relevant approved document in accordance with the payable policies and procedures.● Handle employee performance reviews and coaching to develop a motivated and effective team.● Preparation of management accounts for each business vertical and doing their vertical and horizontal analysis and identifying the reasons for trends and deviations on a monthly, quarterly and yearly basis● Income statement analysis, identification of key areas of improvement and strategy to achieve the company’s set target● Preparation of management and KPI reports on a daily, weekly and monthly basis to support the accurate decision-making for Middle and Higher Management● Dealing with day-to-day accounting, and costing matters and ensuring optimal utilization of resources in allocated warehouse locations● Processing and remitting claims checks to ensure proper procedural compliance and authorization and maintaining chargebacks● Preparing Daily bank reconciliation● Assures appropriate information is collected prior to payment processing and appropriate 1099 reporting status for all new and current vendors in the system.● Reconcile vendor statements, research and correct discrepancies, answer vendor inquiries and interact with vendors regarding issues relating to invoices● Performing month and year-end closing tasks in very effective, accurate and efficient Manner● Special projects as required as assigned Show less •Preparation of management accounts for each business vertical and doing their vertical and horizontal analysis and identifying the reasons for trends and deviations on a monthly, quarterly, and yearly basis.•Income statement analysis, identification of key areas of improvement and strategy to achieve the company’s set target.•Preparation of management and KPI reports on a daily, weekly, and monthly basis to support the accurate decision making for Middle and Higher Management•Dealing with day-to-day accounting, costing matters, and ensuring optimal utilization of resources in allocated warehouse locations•Processing & remitting claims checks to ensure proper procedural compliance and authorization and maintaining chargebacks.•Preparing Daily bank reconciliation•Assures appropriate information is collected prior to payment processing and appropriate 1099 reporting status for all new and current vendors in the system.•Reconcile vendor statements, research and correct discrepancies, answer vendor inquiries and interact with vendors regarding issues relating to invoices.•Performing month and year-end closing tasks in very effective, accurate and efficient Manner•Special projects as required as assigned Show less • Review all invoices for appropriate documentation and approval prior to payment• Preparing Daily bank reconciliation• Assures appropriate information is collected prior to payment processing, and appropriate 1099 reporting status for all new and current vendors in the system.• Reconcile vendor statements, research and correct discrepancies, answer vendor inquiries and interact with vendors regarding issues relating to invoices• Maintain files and documentation thoroughly and accurately• Charges expenses to accounts and cost centers by analyzing invoice/expense reports; recording entries in NAV (Navision-MS Dynamics) • Pays vendors by monitoring discount opportunities; scheduling and preparing checks; resolving purchase order, contract, invoice, or payment discrepancies and documentation; insuring credit is received for outstanding memos; issuing stop-payments or purchase order amendments.• Maintains accounting ledgers by verifying and posting account transactions• Verifies vendor accounts by reconciling monthly statements and related transections• Book accruals for the month end close and ensure all costs have been booked in correct period • Special projects as required Show less

  • Senior Management Accountant

    Nov 2018 - Dec 2022

  • Management Accountant

    Apr 2016 - Nov 2018

  • Accounts Payable Executive

    Apr 2016 - Oct 2018
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  Falki Capital Private Limited

  Oct 2018 - Mar 2020

  Chief Compliance Officer

  - Oversight monthly Net & Liquid Capital.- Oversight bi-monthly Assets Segregation.- Oversight bank reconciliations of banks account.- Oversight of FRM filling on quarterly basis. - Oversight (Quarterly, Half and Full yearly) financials and their audit. - Filling of CTR / STR on GOAML portal when required. - Conduct Internal Audit of AML/CFT AND KYC/CDD and Oversight reports. - Oversight of Opening and Closing of New accounts in NCCPL and CDC. - Preparation Compliance report on monthly basis. - Coordination with regulators (PSX, CDC, NCCPL, SECP). - Maintaining and verifying all Risk Management procedures regarding Margin collected by the company before placing an order in Future & Derivative segment on behalf of the client. .- Conducting Periodic audit and report to the Management of any trespassing by unauthorized personal.- Monitoring Account closing requests. - Maintaining Check on wash and short trade.- Monitoring clients’ trade confirmations and order executions. - Review Clients complaints and resolve them on priority basis.- Coordinate with FBR, SECP, PSX JIT, CDC and NCCPL in their audits. - To attend the awareness sessions, workshops and seminars related with new laws and regulations. - Verification of Timely communication regarding Conflict of interest B/W Company and its Clients to the BOD.- Verification of Asset Segregation Report and Transfer of fund from Client Bank A/C to House A/C other than mentioned in the policy as well as utilization of those funds by the house for its own benefit - Ensuring Falki Capital (Pvt) Ltd. is operating as rules described under rules book of PSX or any other rules required by SECP, CDC, NCCPL, and FMU (or any other regulatory body).- Overall responsibility of Compliance Function and Internal Control and Audit Function of Falki Capital (Pvt) Show less

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  Balqees Welfare Foundation

  Dec 2022 - May 2023

  Assistant Manager Accounts & Finance

  ● Efficiently coordinated and managed financial planning and reporting for 07 projects and 04 programs (Food, Education, Health & Hardships) ● Prepare monthly, quarterly & annual financial statements by compiling, analyzing financial information and finalized accounts for Audit, Management purpose and reports required by regulatory authorities● Managing Accounts Payables/ Receivables, Payments, Financial reporting, Budgeting & Forecasting Cash/ Funds Management and Month/ Year end closing. ● Supervised the payments disbursement process for over years. On average supervised the processing of 100 payments in a week time while ensuring compliance with organization policies and procedures. ● Kept track of budget vs expenditures, designed and developed database of budget tracking to monitor budget vs expenditures ● Prepared budget forecasts and Budget Variance Analysis (BVA) on monthly, quarterly and Annual basis. ● Assess financial risks arising from various activities and categorize those risks in the risk register for better internal control practices.● Led the review and payments process of partner’s payments, Invoices, consultant payments, contractor payments, staff reimbursements/allowances, petty cash disbursement, staff advances and adjustments. ● As withholding agent, manage accurate deduction and timely deposit of taxes in government treasury. ● Arrange timely and periodic external audits and make sure the audit recommendations are implemented in their true letter and spirit to avoid any potential risks to the company. Show less

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  Zones, LLC

  Dec 2022 - now

  Accounts Payable Analyst

  ● Process and validate daily invoices, maintaining agreed-upon levels and striving for 99% accuracy in invoicing, splits, vendor settlements, price variances, and moves.● Manage AP debits, ensuring they are collected within 60 days of ageing, and resolve invoice and PO issues that lead to AP debits.● Facilitate systematic invoice processing, including EDI matching, issue debugging, and collaboration with vendors and IT teams for process improvements.● Conduct timely vendor statement reconciliations, striving for 100% reconciliation by the 26th day of each month.● Oversee systematic processing (EDI, etc.) of vendors, aiming for 99% electronic processing and daily management of EDI error queues.● Assist in month-end and year-end closing tasks, including accruals and reconciliation of AP accounts, following GAAP.● Serve as a liaison for AP inquiries from internal and external stakeholders and work on improving procure-to-pay processes.● Prepare payment reports for executives and government agencies, respond to inquiries, and collaborate on process improvements.● Code and enter invoices accurately into the accounting system, reconcile vendor statements, and process electronic payments.● Contribute to process enhancement projects, stay updated on industry best practices, and provide support for audits and cross-functional collaboration● Ad hoc assignments as assigned. Show less