Muhammad Ali Baig
Finance & Accounting [MBA In Finance, ACPA]
Karachi, Pakistan
Summary
Professional with robust background in directing and managing medium to large-scale operations, consistently driving success through strategic planning and execution. Adept at implementing innovative solutions that enhance productivity and operational effectiveness. Known for fostering teamwork and adapting to evolving business needs, ensuring alignment with organizational goals.
Overview
17
17
years of professional experience
4
4
Languages
Work History
Director Corporate Finance
Arthur Lawrence
02.2016 - Current
- Oversee the production of financial statements for Arthur Lawrence Group and ensure that the reported results comply with generally accepted accounting principles
- Oversee preparation of business activity reports, variance analysis, financial forecast, and annual budget for USA, Pakistan, KSA and UAE offices
- Establish internal control guidelines for business transactions and budget preparation
- Optimized working capital cycle by streamlining Accounts Receivable (AR) and Accounts Payable (AP) processes to improve the company's liquidity position.
- Responsible for tax planning throughout fiscal year and ensure timely filing of tax returns
- Oversee staff payroll for USA, Pakistan and UAE and ensure timely payments to contractors and vendors (W2 and 1099)
- Mitigated financial risk by implementing rigorous oversight protocols for all reconciliation frameworks, ensuring 100% accuracy across complex intercompany accounts and monthly financial schedules
- Coordinate with stakeholders including auditors, consultants, legal advisor, state and federal regulatory bodies including IRS
- Cultivated a positive work environment that fostered employee engagement, increased retention rates, and boosted overall team morale.
- Defined clear targets and objectives and communicated to other team members.
Financial Controller
DAMCO Mozambique LDA [Part of A.P. Moller Maersk Group]
04.2013 - 02.2014
- Developed and implemented financial reporting framework in Damco Mozambique
- Responsible for the preparation of Financial Statements along with various reports for CEO and regional CFO
- Ensure efficient cashflow planning by closely monitoring and addressing the issues
- Monitor staff payroll and ensure it is complied with local laws
- Successfully implemented XPAND and One Damco projects (centralized accounting & sales offices projects)
- Coordinate and liaison for all formal communication with regional management in South Africa, Global Service Center in India, external auditors, banks, tax advisors, local authorities and legal consultants/lawyer
Senior Executive Finance
DAMCO Pakistan Private Limited [Part of A.P. Moller Maersk Group]
11.2008 - 07.2011
- Preparation of monthly financial statements
- Preparation of weekly & monthly KPIs (key performance indicators) to report business performance
- Preparation of bank reconciliation statement and various reconciliation reports for vendors and customers
- Management of accounts receivables and keep DSO (Days Sales outstanding) within target
- Timely filing of withholding tax at FBR e-portal (IRIS)
- Liaison and dealing with internal & external Auditors, Banks, SECP (Securities & Exchange Commission of Pakistan), FBR/Tax authorities, Legal advisors, IATA, PIFFA, KCCI and other regularity authorities for corporate filings and licensing
Education
Associate Certified Public Accountant (ACPA) -
Institute of Certified Public Accountants of Pakistan
Islamabad, Pakistan03.2017
Master of Business Administration -
Bahria University
Karachi, Pakistan07.2008
Bachelor of Commerce -
University of Karachi
Karachi, Pakistan12.2005
Skills
Proficient in Microsoft Office
Data analysis in Excel
Email management
SAP ERP expertise
Proficient in QuickBooks Online
Oracle Hyperion expertise
Analytical problem-solving
Team leadership
Cross-functional project coordination
Timeline
Director Corporate Finance
Arthur Lawrence
02.2016 - Current
Financial Controller
DAMCO Mozambique LDA [Part of A.P. Moller Maersk Group]
04.2013 - 02.2014
Senior Executive Finance
DAMCO Pakistan Private Limited [Part of A.P. Moller Maersk Group]
11.2008 - 07.2011
Associate Certified Public Accountant (ACPA) -
Institute of Certified Public Accountants of Pakistan
Master of Business Administration -
Bahria University
Bachelor of Commerce -
University of Karachi