Muhammad Iqbal Ayyubi

Experience

• 

  Pepsi Cola Lahore (Riaz Bottlers) Pvt Ltd

  May 2009 - Apr 2011

  Planning Executive

  Making monthly plans for materials & prepare materials budget for monthly & quarterly basis.Monitor forecast to identify changes or to determine their effects on supply chain activities.Develop coordination of supply chain management with other functional areas, such as sales, finance, production & quality assurance to smooth line the process. Planning of materials and maintaining at its appropriate level as per company policy & re-scheduling as planning changes occurred time to time.Ensure implementation of material procurement plans and dealing with vendors to keep lead time minimum and on time delivery of materials.Manage the materials change control process during seasonal demand fluctuations & sale promotion period.Manage activities related to material planning, inventory control, warehousing & receiving.Regularly renegotiate with supplier at prices & resolving disputes & claims as well.Coordinate among finance department and suppliers for payment clearness and dealing with banks for letter of credit documentation & other matters.ERP system Oracle working environment.Result oriented Handling critical issues & problem solvingLeadership & influencing skill Communication, interpersonal skill ability to manage multiple target Show less

• 

  Shafi Pvt LTd

  May 2011 - Oct 2013

  Financial Analyst

  Shafi (Pvt) Limited is engaged in manufacturing Leather Shoes & Exporting shoes in most of European Countries as well as in Retail Activities with the Brand “Urban Sole” & as a license holder of Pierre-Cardin .Ensure complete Monthly, Quarterly & Annual analysis of budgeting process and monitor departmental expenditures to ensure proper allocation of budgeted funds.Monitor budget execution, ensuring organizational requirements are in line with yearly spending plan. Analyze Capex need according to capacity maintaining & expansion of business and provide recommendations on the financial viability of the proposals.Manage actual expenditures meet budget approvals and identify the areas and reason for cost saving & costing incremental impact if any.Review monthly and quarterly revenue & expenditure statement & preparation of comparative statements for decision making process.Analyze & monitoring the Job order costing process of entity & presenting Variance analysis report to management.Supervise the products make or buy decision of shoe and evaluating its viability while considering the idle capacity.Supervise reconciliation of cost of goods sold with accounting data & conversion cost proper allocation & cost pooling for budgeting & analysis.ERP system Microsoft Dynamic working environment.Compile necessary documentation for annual audit support as needed.Resolve current & potential issues that could arise in the areas of budgeting process for short tern & long term.Identified areas of concerns, and reported them to Chief Financial Officer. Show less

• 

  Right Angle Construct LLC

  Jan 2014 - Nov 2014

  Finance Manager

  Monitor accounting matters up to finalization and present reports to management regarding financial matters of the entity.Review month end tasks like recording of closing entries, accruals, reconciliations of account payables, account receivables & banks.Dealing with operation team members for daily accounting activities like recording of revenue, expenses, cash activity etc.Manage cash flow management that all the requirements are met in a timely manner. Monitor the inventory controls and ensure proper recording as per approved policies and procedures & keeping eye on slow moving items.Liaison with related departments like procurement, sales, production, stores to streamlined accounting process.Analyze financial viability of the projects for decision making.Accomplished accounting and organization mission by completing related results as needed. Show less

• 

  Noor Group Pakistan

  Jan 2015 - Jun 2019

  Group Head Finance & Management Reporting

  Ensure group accounting matters accuracy, completeness, management reporting of business segments & financial analysis reports to management.Review & finalized group financial statements (Dubai office & Pak Office) & comparison with budgeted financial statements at monthly, quarterly & annual basis for management reporting.Monitor & coordinate with team member of feasibility report making process as capital investment appraisals process, financial viability for group investments to add new business segments & current business expansion planning.As member of management team evaluate and monitor the process of capacity increased analysis (cost center wise), incremental & differential cost impact with regard to investment appraisal, decision making process for group entities as international tendering & Pricing strategies in short & long term period to maximize the utilization of group resources to achieve the goals.Worked on analyze capacity constraints & impact on budgeted statements to monitor trend over the period regarding financial objective of group entities.Identify the area of improvement for expenses trend analysis and justify variances cause either favorable or unfavorable impact as per management policies & guidelines. Dealing with Internal & External auditors for company SOP’s, controls implementation process accomplishment with accuracy.Monitor SRO’s related activities for Custom rules & regulation regarding imports, exports of raw materials & annual audits.Dealing & liaison with banking operation, import, export, supply chain management, merchandising, procurement, costing, taxation, stores & production departments to ensure accuracy of process.ERP-SAP SQL & ERP Oracle R-12, currently working environment as SAP & Oracle Implementation Process Head.Monitor complete implementation process, data input process & reporting needs.Devise various reports to streamline the group reporting process for operational activities & management reporting. Show less

• 

  Weldon Paint Industries (Pvt) Ltd

  Jan 2020 - now

  Chief Financial Officer

  Ensure financial matters accuracy, completeness, management reporting & financial analysis process for management. Investment appraisals process, financial viability for investments to add new business segments & current business expansion planning. Review pricing strategies in short & long term period to maximize the utilization of group resources to achieve the management goals. Worked to analyze capacity constraints & impact on budgeted statements, identify the area of improvement for expenses trend analysis and justify variances cause either favorable or unfavorable impact as per management policies & guidelines.Dealing with Internal & External auditors for company SOP’s, controls implementation process, liaising with banks for credit facilities, import, supply chain management, costing, taxation, stores & production departments to ensure accuracy of process.Devise various reports to streamline the group reporting process for operational activities & management reporting. ERP Oracle current working environment & oracle Implementation Process Head as well. Show less