Shafqaat Nazeer

Experience

• 

  AenZay Interior & Architects

  May 2018 - Jun 2018

  Account Intern

  • Prepared Daily Cash Reports Summary.• Monthly Bank Reconciliation.• Weekly audit of the order fulfillment process to ensure procedure are accurate and followed.

• 

  A F Ferguson & Co

  Jun 2018 - May 2019

  Associate Consultant

  Perform statutory audits as per International Standards on Auditing (ISAs); • Prepare & present Financial statement as per International Financial Reporting Standards (IFRS)& applicable local laws • Review internal control mechanism to identify deficiencies and to provide recommendations for the improvement of the same while ensuring compliance with laws and regulations; • Procurement evaluation services for PSDF.

• 

  Nestlé

  Jul 2019 - Mar 2024

  Job Responsibilities:● Developed and maintained dynamic annual rolling budgets for milk price, collection cost, and fixed overheads, contributing to accurate financial forecasting.● Analyzed cost data using statistical methods to identify cost drivers and support informed decision-making.● Reconciled variances and assessed the contribution of cost-saving projects, ensuring financial accuracy.● Identified and analyzed cost fluctuations and one-time savings to optimize resource allocation.● Ensured timely completion of period-end closing processes and conducted variance analyses for fixed and variable costs.● Executed simulations and scenario planning to achieve target costing and reduce production costs.● Prepared financial justifications utilizing NPV analysis for capital expenditure proposals.● Managed and evaluated capital investment plans and requests to support strategic growth.Sustainability Reporting Specialist (Additional Role)● Led and managed market-level sustainability reporting, ensuring adherence to environmental and ethical standards.● Oversaw comprehensive sustainability reporting initiatives for packaging, water, and climate-related efforts, aligning them with corporate environmental goals and industry standards. Show less Job Responsibilities:● Developed and delivered plant cost forecasts, contributing to accurate financial planning.● Analyzed fixed overheads to identify cost-saving opportunities and achieve performance targets.● Prepared business cases and financial justifications for capital expenditure (CAPEX) projects, supporting approvals and strategic growth.● Optimized production processes and ensured operational efficiency by:○ Developing and managing detailed Bills of Materials (BOM)○ Implementing Line Labor Standards (LLS)● Enhanced project profitability through:○ Product costing with rigorous financial analysis and energy standards○ Driving cost-effective solutions● Managed technical stores and spares:○ Costing, provisions, and operations○ Supervision of related tasks● Contributed to robust internal control environment:○ Performed monthly and quarterly internal control tests○ Provided support during statutory audits and Nestle Internal Audits (NIA)● Prepared and presented monthly self-assessment reports on plant and common area performance.● Created reporting packages and dashboards for both site and head office management.● Facilitated efficient issue resolution by collaborating with:○ Corporate taxation, Accounting Operations, Procurement, Treasury, and Legal Departments● Ensured accurate asset management by handling:○ Additions, deletions, depreciation, impairment, and amortization Show less

  • Financial Planning Specialist

    Jan 2022 - Mar 2024

  • ACCA Trainee

    Jul 2019 - Jun 2022
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  KIMMCO-ISOVER

  Oct 2024 - now

  Financial Analyst