Israr Ali

• Led budgeting process, collaborating with department heads to allocate resources strategically and ensure alignment with organizational goals and requirements.
• Enhanced cash flow management through the development of robust forecasting models, ensuring optimal liquidity for business operations.
• Trained new and existing staff members in various financial procedures to prepare for job requirements.
• Ensured compliance with all regulatory requirements by staying current on industry developments and implementing necessary controls within the organization.
• Managed relationships with external auditors, ensuring a smooth and efficient annual audit process with minimal findings or issues identified.
• Supervise the fee receivables and and ensure 90% fee recovery monthly basis through aggressive recovery procedures.
• Lead organizational cash flow and cash flow forecasting initiatives.
• Prepare accurate financial reports and monthly statements for accounts receivable.
• Enhanced inventory accuracy by conducting regular audits and implementing efficient tracking systems.
• Reduced stock discrepancies with thorough monitoring of inventory levels and timely resolution of issues.
• Collaborated with executive leadership to establish budgetary guidelines and allocate resources efficiently across the organization.

• Provided senior management with strategic financial insights for informed decision making.
• Managed budgeting process, ensuring accurate forecasting and timely adjustments to meet business needs.
• Collaborated with cross-functional teams to align financial goals with overall company objectives.
• Developed finance team talent through targeted training programs and regular performance evaluations.
• Negotiated contracts with suppliers for more favorable terms, resulting in significant cost savings.
• Streamlined vendor payment processes, improving relationships while reducing processing time and errors to 5.
• Handled payroll processing, ensuring timely payment of salaries and statutory deductions including taxes.
• Reviewed and approved vendor payments and other disbursements, ensuring accuracy and policy adherence
• Acted as the primary point of contact for external auditors,

addressing audit findings and implementing recommended

reporting improvements

• Prepared monthly variance reports on cash flow and expenses,both for Head Office and individual campuses, identifying key red flags and trends.
• Developed and implemented financial control policies to enhance operational efficiency and ensure regulatory compliance.
• Supervised payroll processing and data entry for 400+ employees, ensuring compliance with internal policies and timelines.
• Managed daily cash collection, reconciliation, and deposit, ensuring accuracy, timely reporting, and compliance with financial controls and company policies.
• Oversaw company's investments, ensuring financial strength through strategic fund placements in COIs, TDRs, mutual funds etc and negotiate with Financial institution for better quotes.
• Developed costing models for academic modules, annual resource fees, and new educational projects/products.
• Established and maintained relationships with external stakeholders, including auditors and regulatory bodies, to enhance communication and compliance in financial reporting.
• Have worked on SOPs of admin department and Procurement department to enhance the efficiencies in both process and cost.
• Trained non-finance staff across departments to manage petty cash expenses and accurately record them under appropriate account heads

• Prepared detailed monthly management accounts with in depth financial analysis for presentation to the CFO and CEO.
• Maintained monthly portfolio of all investment of the company and revaluate on daily basis and share with CEO/CFO on monthly basis.
• Coordinated with department heads to analyze expense variances using cost center-based reporting.
• Prepared Salaries of employees 90+ and make sure it to process timely, accurately and efficiently.
• Managed intercompany transactions and ensured accurate recording of shared service charges across KASB Group companies.
• Led the audit process by coordinating with auditors, ensuring timely submission of all required documentation and data.
• Submitted monthly reports to the State Bank of Pakistan (SBP), covering all balance sheet changes and disclosures.
• Developed annual budgets and performed variance analysis across cost centers to support strategic decision-making.
• Managed company investments and provident fund placements, focusing on maximizing returns through fixed income instruments.
• Successfully handled advanced tax refund claims, secured
• significant Income Tax refunds from the Federal Board of Revenue (FBR).
• Maximized performance by monitoring daily activities and mentoring team members.