Rehan Khalid

Finance

• eportsCreated monthly financial statements, r, and forecasts for management review.
• Managed cash flow forecasting process to ensure adequate liquidity for operations.
• Preparing monthly receivables forecast & overdue analysis, close liaison with the company’s sales & services departments regarding receivables & recoveries.
• Maintaining accounts receivables of the Company amounting to over 150Million
• Meeting with department heads regarding receivables, Built relationships with key stakeholders across departments to ensure alignment between business objectives and financial performance.
• Daily bank/ Cash position, reporting receipts & payments.

Financial Institutions

• Cultivating good relationships with banks & Insurance Companies to cater Company’s official matters.
• Banks’ Annual Limits renewal documentation & related work for smooth working relationships with financial institutions.
• Deals with banks regarding LCs, Lease of vehicles, Bank Guarantees, FATR, Payments, and Receipts.
• Foreign receivables, liaison with banks for foreign receipts.

General In-house responsibilities

• Working closely with the Commercial Department regarding import-related matters i.e. Foreign Payments, Custom duties, Import Freight, Clearing Agents, etc.
• Making Arrangements for Creditor payments, Advance Payments, Project Sites Funds Requirements, and Custom Duties etc, Reviewed invoices for accuracy before payment processing; negotiated discounts when possible.
• Foreign payables analysis, coordination with commercial department for foreign principal’s payments & Liaison with Bank for foreign payments.
• Developed and implemented financial policies and procedures to ensure compliance with accounting standards.
• Supervised and mentored finance team members, fostering a culture of continuous improvement.

• Monitoring four spinning units (One unit in Bahawalpur, two units in Tibbasultanpur & One unit in Ferozewatwan.
• Monthly Budget preparing salaries wages mills expenses.
• Disbursement of funds according to mills demands with close coordination with the Finance department.
• Preparing mills power units GAS bills & Electricity bills cost analysis and afterwards payment arrangements.
• Coordinates with head office accounts department for mills salaries wages and other expenses.

• All accounts matter regarding branches.
• Monitoring overhead expenses, maintaining overhead ledgers, and reports to G.M.
• Look after all bank transactions i.e. payments & receipts, Bank Reconciliation & other matters regarding banks.
• Making entries in the Bank Book, Creditor’s Ledger, and Debtor’s Ledger, General Ledgers & supervise the overhead expenses ledger.
• Making monthly trial balance of the company.
• Any other assignment given by the higher management.

• Monitoring all branches i.e. Lahore, Multan, Sialkot, Rawalpindi, Okara, and Faisalabad, and coordinating with them in respect of sales target and cash deposit target.
• Supervising Daily sales in all branches and their respective deposit in banks.
• Supervising daily expenses in all branches.
• Maintaining bank balances in respect of future payments.
• Maintaining books of accounts, deals with tax-related matters i.e. parties tax, salary tax, and sales tax.
• Monthly sales and cost analysis.