Ali Hamza Malik - FCCA, BSc (Hons) - UK

Experience

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  Pakistan State Oil

  Aug 2014 - Oct 2014

  Internship

  ►Product department: Daily reconciliation of stock (oil/product) in locations and analysis on monthly gain/loss on stock.►Overview on pricing of regulated and deregulated products

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  Connect Communications (Pvt) Ltd

  Apr 2015 - Jul 2015

  Accounts assistant

  ►Reconciliation and recording of cheques and petty cash transactions in tally ERP 9►Assist in invoicing to corporate customers and look after bank related issues (Tax, EOBI, SESSI etc.)

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  K-Electric

  Jul 2015 - Nov 2020

  My role was to lead assigned audits of integrated enabling functions such as ●Business Finance ●Procurement (Local & International) ●Inventory Management ●Treasury ●Accounts Payable ●Marketing ●Human Resources and complete them within stipulated timeline to ensure compliance of annual audit plan approved by Board Audit Committee (BAC).Moreover, I was also involved in short-term special assignments related to ●Fraud detection ●Risk assessment and reconciliation of major vendors ●Review of proposed SOPsKey Achievements:★ Secured AM position in Internal Audit after serving 8 months as FTO★ Rated as an Excellent Performer of 2019★ My observations implemented throughout the organization which improved procurement process★ Highlighted the key issue of Liability booking in BF audit which is then implemented for transparency★ Identified loopholes (related to SAP) in integration of Finance and Supply Chain which is then rectified by taking IT assistanceCurrently leading the audit of ❝Business Finance❞ department looking after all the commercial and financial aspects of transmission unit of an organization. Categorized in 3 transmission departments:►Project TP-1000: Auditing all the financial activities and viability of an ongoing mega turnkey transmission project valuing more than USD 450 Mln►PID: Auditing all the financial and commercial aspects of PID dept who is in-charge of major transmission turnkey projects with annual cumulative amount of approx. PKR 2,000 Mln►Maintenance: Auditing business finance of maintenance required for those implemented projects through annual budgets Capex (PKR 3 Bln) Revex (PKR 450 Mln) Recently completed audits:✓Project Procurement (Local & international)✓Imports & Clearance✓Business Finance - Distribution✓Accounts Payable✓Short-term assignment related to Fraud detection✓Assignment on major vendor procurement linked with BF team✓Analysis on inventory management in SAP Show less FTO program of K-Electric is one of the highly ranked program for finance professionals within Pakistan. I was one of the very few trainees who got the offer from K-Electric based on the performance and potential of adding value in the organization after completing their trainingContributed 2.4 out of 3 years training in Business Finance Dept where my role was ❝Finance Business Partnering❞ with business teams. Major achievements and contributions were as follows:► Implemented "Budget in Portal" project where consumption and budget can be monitored through portal which is linked with SAP and business users can access it to plan their material and service consumption► Defined detailed "Cost threshold in SAP PM module" to limit the repair cost of transformers. If cost exceeds from defined limit, auto email is floated to higher level for decision making as only certain limit was approved for repair of transformers► Involved in annual budget planning, forecasting and monitoring throughout the year for both CAPEX (Pkr 500 Mln) and REVEX (Pkr 170 Mln)► Delivered monthly financial and feasibility reports of production capturing monthly savings of PKR 20 Mln and assist higher management in decision making► Prepared working for capitalization of fixed assets and annual CWIP for PKR 700 Mln while ensuring Revex items are expense out► Monthly payable processing valuing more than PKR 5 Mln while ensuring invoices are as per purchase orders T&C, LD for late delivery, timely posting in SAP VIM module, clarification from vendor and user► Liaison with Inventory management and procurement for effective material planning for user► Evaluated business projects through investment appraisal models using NPV, IRR, payback period and cost benefit analysis► Cost controlling by monitoring product cost through SAP, analysis on purchase approval summaries of major purchases► Process transparency by reconciling material movement in SAP, ensuring cost is charged to correct work order Show less

  • Assistant Manager - Internal Audit

    Jul 2018 - Nov 2020

  • Finance Trainee Officer

    Jul 2015 - Jul 2018
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  Tapal Tea (Pvt.) Ltd.

  Nov 2020 - Mar 2021

  Assistant Manager Commercial Finance

  - Efficiently managed the verification and processing of distributor claims across Pakistan, ensuring accuracy and compliance with company policies and industry standards.- Developed and presented comprehensive monthly dashboards detailing claims expenses and sales analysis, providing valuable insights to senior management for strategic decision-making.- Oversaw the receivables side of the business, meticulously maintaining the scrap sales register to ensure accurate month-end closing and financial reporting.- Led and monitored automation projects related to E-claims and various IT initiatives, driving efficiency and innovation within the organization. Show less

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  Constellation Software Inc.

  Apr 2021 - Jul 2023

  Senior Financial Accountant

  - Finance professional specializing in FP&A, managing corporate finance operations for over 20 international business units. - Expertise in developing and utilizing monthly dashboards and finance business partnering to enhance business efficiency.- Conducted comprehensive analysis of the group's financial and operational performance utilizing advanced analytics and KPI scorecards.

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  ADQ

  Aug 2023 - now

  Financial Accounting Analyst

  - Responsible for overseeing all financial reporting activities, including the consolidation of multiple entities and the management of finance operations at the head office.- Conducting detailed analysis on expense and revenue trends and providing comprehensive commentary on financial reports.- Performing comparative analysis of budget versus actual expenditures across multiple entities and providing insights into the reasons behind variances.- Accountable for overseeing treasury operations across all subsidiaries, encompassing fund management, coordination with shareholders and banks, and processing of vendor payments.- Implementing and integrating a procurement software tool to streamline the purchasing process and facilitate budget versus actual consumption analysis.- Led comprehensive quarterly reviews and annual audits, ensuring rigorous financial oversight and regulatory compliance for the company's operations. Show less