Mehran Ahmed
Manager Accounts & Finance
Rawalpindi, Pakistan
Summary
A Certified Public Accountant (CPA) and a seasoned professional in finance and accounting with 10+ years of experience. Currently serving as the Manager of Accounts and Finance at Global Star Trading LLC, involved in financial management, auditing, taxation, bookkeeping, and reporting, leveraging my sharp analytical abilities and technical proficiency. This pivotal role encompasses crafting meticulous financial statements, managing cash flows, customer accounts, and overseeing sales and purchase invoicing, budget preparation, and staff supervision.
My career is marked by impactful stints at BDO Pakistan and Kawaka & Co., and valuable insights gained from an internship at ZTBL. With prestigious certifications from renowned institutes and a Master of Commerce degree, my educational background complements my dynamic professional journey. My strategic acumen and leadership qualities make me an invaluable asset to any organization.
Overview
10
10
years of professional experience
3
3
Certifications
Work History
Manager Accounts & Finance
Global Star Trading LLC
10.2019 - Current
- Prepare financial statements in accordance with IFRS and other applicable accounting standards to facilitate accurate and reliable financial reporting
- Maintain and reconcile records for 5 branches and 3 bank accounts, achieving a 98% accuracy rate in monthly reconciliations
- Develop and deliver daily, weekly, and monthly management reports, enhancing decision-making processes for senior management by 30%
- Manage customer statements, generate invoices, and respond to queries, maintaining average receivables turnover ratio of 45 days, which improved cash flow and reduced outstanding receivables by 15%
- Prepare and analyze weekly cash flow statements, optimizing cash flow forecasting accuracy by 20%, enabling better cash management and planning
- Perform sales/purchase invoicing, returns, and go-down inventory management, improving inventory accuracy by 25%
- Prepare and manage monthly and annual budgets, achieving budget adherence within 5% variance, helping to control costs and improve financial planning
- Supervise and train team of 5 junior staff members, improving team efficiency by 40% through targeted training programs
- Prepare monthly VAT reports in compliance with Saudi government policies, achieving 100% on-time submission, thus avoiding penalties and ensuring regulatory compliance
- Develop and implement financial policies and procedures to improve internal controls and compliance, reducing audit findings by 30%
- Collaborate with department heads to develop financial strategies and business plans, aligning financial goals with overall company objectives
- Manage relationships with external auditors and regulatory bodies, ensuring compliance with all financial regulations and standards.
- Managed and motivated employees to be productive and engaged in work
- Accomplished multiple tasks within established timeframes
- Maximized performance by monitoring daily activities and mentoring team members
Audit Associate
BDO - Ebrahim & Co. - Chartered Accountants
08.2018 - 09.2019
- Conducted external audits for industries including Construction, Transportation, Housing, Hospitality, Oil & Gas, Telecommunication, Services, and Non-Profit Organizations, completed 10+ audits
- Responded to tax notices under various sections of the Federal Board of Revenue (FBR), achieving a 100% response rate within deadlines
- Conducted internal audit assignments as directed by the Audit Manager, identifying and rectifying 15+ control deficiencies, which improved internal controls and operational efficiency by 20%
- Prepared financial statements for clients on bookkeeping assignments, ensuring 100% adherence to applicable accounting standards
- Participated in audit and advisory work for diverse industries contributing to the successful completion of 8 audits
- Assisted senior auditors in internal audit assignments, identifying and recommending solutions for 10+ operational inefficiencies
- Generated detailed audit reports and presented findings to senior management, providing actionable insights that resulted in a 10% enhancement in financial oversight and governance for clients.
Accountant
Khawaja & Co. - General Order Suppliers
01.2015 - 07.2018
- Posted and maintained all receipts and payments, achieving a 100% accuracy rate, which ensured reliable financial records
- Reconciled all receivables and payables monthly, maintaining a 95% accuracy rate, which reduced discrepancies and improved the company's cash flow management
- Ensured bank records aligned with company records, achieving a 99% reconciliation accuracy
- Updated financial statements in accordance with accounting standards and management guidelines
- Prepared monthly financial statements, achieving a 100% on-time delivery rate, which facilitated timely decision-making
- Prepared and reviewed expense reports, ensuring adherence to company policies and controlling costs, which led to a 10% reduction in operational expenses
- Managed daily bookkeeping tasks, including recording journal entries, which maintained accurate financial records
- Conducted monthly bank reconciliations for 3 bank accounts, reducing discrepancies by 20% through improved processes
- Prepared and submitted monthly tax returns, ensuring 100% compliance with government regulations and avoiding penalties
- Supported the audit process by providing accurate financial data and documentation, resulting in a 30% reduction in audit findings
- Liaised with internal departments to streamline financial processes, resulting in a 15% increase in operational efficiency.
Intern
Zara Taraqiati Bank Limited (ZTBL)
06.2014 - 12.2014
- Gained experience in various dimensions of banking sector, including Non-Profit / Non-Governmental Organizations
- Observed and analyzed policies and procedures applied by staff for day-to-day operations, identified few improvements, which contributed to process optimization
- Assisted in development of upgraded and new banking products in Liability Marketing Division (LMD), contributing to15% increase in product offerings and customer engagement
- Reconciled manual financial records with online portals, achieving 99% accuracy rate
- Acquired basic proficiency in Enterprise Resource Planning (ERP) software, enhancing ability to assist with ERP-related tasks and improving overall operational efficiency by 10%.
Education
Master of Commerce - Finance
Virtual University of Pakistan
Lahore, Pakistan 01.2014 - 04.2016
Skills
Technical Skills: QuickBooks, Peachtree, Odoo, Ledger Lite, Agni FinAcc, Microsoft Excel
Project Management: Supervision & Training, Task Management, Coordination with Stakeholders
Soft Skills: Communication, Problem Solving, Attention to Detail, Critical Thinking, Brainstorming & Planning
Analytical Skills: Financial Analysis, Variance Analysis, Revenue Tracking
Reporting: Management Reporting, Financial Statement Preparation & Special Assignments
Bookkeeping & Reconciliations: Daily Bookkeeping, Bank Reconciliation, Receivables & Payables Management
Taxation: VAT Reporting, Tax Compliance, Responding to Tax Notices
Auditing: External Audit, Internal Audit, Audit & Assurance, Compliance Audits
Finance: Financial Management Financial Accounting, Financial Reporting, Budgeting, Cash Flow Management, Cost & Management Accounting
Technical Skills: QuickBooks, Peachtree, Odoo, Ledger Lite, Agni FinAcc, Microsoft Excel
Certification
Certified Public Accountant (CPA), Saudi Organization for Certified Public Accountants (SOCPA), 2022
Affiliations
1- Pakistan Institute of Public Finance Accountants
2- Chartered Institute of Public Finance Accountants - UK
3- Saudi Organization for Chartered & Professional Accountants - KSA
Languages
Punjabi
Native language
Urdu
Proficient
C2
English
Proficient
C2
Arabic
Upper intermediate
B2
Hobbies
- Playing Football,
- Swimming & Fitness gym,
- Reading books & surfing internet to get up-to-date knowledge,
- Researching historical monuments & events for personal understandings.
Timeline
Manager Accounts & Finance
Global Star Trading LLC
10.2019 - Current
Audit Associate
BDO - Ebrahim & Co. - Chartered Accountants
08.2018 - 09.2019
Accountant
Khawaja & Co. - General Order Suppliers
01.2015 - 07.2018
Intern
Zara Taraqiati Bank Limited (ZTBL)
06.2014 - 12.2014
Master of Commerce - Finance
Virtual University of Pakistan
01.2014 - 04.2016