Syed Muhamamd Jibran Asim

I am working as a senior accountant in Cloisall Co LLC. I am a Cost Management Accountant (ACMA), Bachelor in commerce with 16 years of experience. 

My experience is majorly in the field of Financial Analysis & Management Reporting GL, AP, AR, Treasury and Costing and Budgeting.

I have worked with Construction, Trading, and Manufacturing, Textile Sectors.

CLOISALL Co. LLC. (Construction Fit Out and  Trading) - UAE

Working as Senior Accountant- Sep-09 to date

Prepare and analysis reporting in line with IFRS, budgets,forecasts.

Preparing assumption with the help of CFO which is the basis of Budget and ensure that strategy is strictly translated in the budget preparation exercise.

Supervising the budget exercise from start to finalisation and submission to Sr. management

Detail scrutiny of the submitted budget of Manpower, Operating and Revenue by the department and comparing it with different yard sticks like last year actual and latest forecast

Ensure that all the new initiatives are aligned with additional revenue.

Preparing rolling forecast on every month to assist management in decision making and Cash management.

Monthly cash flow statement, with 12 months forecasting.

Preparing analysis of accounts and producing monthly reports.

Perform monthly AP reconciliations & deliver according to Close schedule. Manage the AP close tasks to ensure due dates are met according to the Close Schedule.

Review all invoices for appropriate documentation and approval prior to payment.

Identify and present solutions for continuous process improvement

Evaluating actual against the budget and discuss the reason for variance with budget custodian for detail commentary on the variance report.

To manage the account receivable of the company.

Preparation of weekly outstanding debtors report with the ageing of debtors and follow-up with Credit control department.

To manage the Bank Accounts and ensuring that proper booking is done by preparing monthly reconciliation statement

Ensured to prepare, review and post monthly accounting entries to General ledger

To manage each general ledger account summarizing each type of assets, liability, equity, revenue & expenses

To manage each project & division liability & future commitment

Ensure all accruals, expenses and store related expenses are booked before month close.

• ARTISTIC Apparel Pvt. Ltd. (Textile) –Pakistan

Worked as Assistant Manager Accounts - -Jan 2007 to Sept 2009.

Lead the process of implementation and development of Financial, Procurement & Inventory System.

System generated controls to enhance controllability of budget.

Monthly, Quarterly and Annual reporting to Management 

Preparing annualbudget and rollingforecast for companywith presentation of consolidated plan to senior management for their review and final approval.

To finalize financial statements on monthly basis and to report to General Manager Finance.

To review and analysis General Ledger by using computerized accounting system

Preparation of projected cash flow statement on periodical basis.

Preparation of Payroll.

To coordinate and manage preparation of taxation details required by tax authorities

To attend meetings with all departmental heads of cost centres in view of actual activities against budgeted numbers and provide them analytical reports to control their costs.

To monitor and maintain proper tracking of all cost centre expenses

To analyse cost centre wise expenses under supervision of Budget executive and design different  reports as per requirement of management for expenses.

Liaising with external auditor for the Year-End and Interim Period Audit.

• KARSAZ (Textile) –Karachi, Pakistan

Worked as an Accountant -Jan 2004 to Dec 2006

Worked as a team member of Finance department reporting to Business Manager.

Prepared Monthly Management Accounts with all relevant schedules

Ensuring that all managers understand the true spirit of budget process and assisting them in preparation of their department budgetin accordance with the policyand procedure of company

To take control of cash and bank balances and preparing daily and monthly reconciliation.

To prepare vouchers and posting entry in the system after approval of Finance Manager

To assist seniors in preparation of monthly and weekly report of expenditures

Supervised account payables, supplier reconciliation & ensure timely disbursement of payment.

Manage the inventory reconciliation

ACMA- Institute Of Cost Management Accountant Paksitan