Swimming
Usman Bhally
Financial Analyst
Karachi,Sindh
Summary
To be a part of a dynamic environment that poses challenges and provides opportunities to excel professionally and to contribute significantly towards the growth of the organisation
Overview
11
11
years of post-secondary education
6
6
years of professional experience
Work History
Accounts Payable Manager
K-Electric Limited
Karachi, Sindh
04.2021 - Current
- Partnered with finance team to complete month end functions, including accruals and account reconciliations.
- Developed reports for senior management to outline expenditures, vendor spend and forecasting.
- Closely monitored accounts to post timely payments.
- Positively interacted with all partners, employees and customers using exemplary communication and interpersonal talents.
- Maintained and distributed departmental balanced score card information to highlight staff productivity, invoice processing workflow and cost allocations.
- Built strong relationships with vendors to enhance cost offerings and accomplish favored customer status.
- Established and enforced internal controls, workflows and policies for tracking, reconciling and reporting on accounting activities.
- Checked vendor payments, commissions and other accounting disbursements for accuracy and compliance.
Deputy Manager- Revenue and Receivable Monitoring
K-Electric Limited
Karachi, Sindh
08.2019 - 04.2021
- Prepared and managed annual revenue budgets of USD 1.5 billion including commercial budgets & annual targets.
- Periodic performance management through commercial and technical scorecards for the Distribution operations. Prepare and report commercial and technical performance measured against Key Performance Indicators to the management
- Prepared incentive payout of 10,000+ employees of commercial and technical teams with an annual budget of USD 4.5 million+
- Guided key financial business decisions via ad-hoc business analysis and reporting to the management
- Converted insights into actionable items, leveraging IT function to develop multiple dashboards and reporting packs.
- Created spreadsheets using Microsoft Excel for daily, weekly and monthly reporting.
Assistant Manager - Projects
K-Electric Limited
Karachi, Sindh
07.2017 - 08.2019
- Key member of 'Bill Redesign' Project; successfully managed the project from inception to implementation
- Key member of 'Payment Loyalty Reward' Project, which managed to recover USD 50m+ to date from past dues and improved recovery by over 5% in FY17 & FY18
- Prepared data and presentations for BAC & BOD meetings depicting distribution business highlights
- Facilitated coordination between business units and IT department for problem resolution and solution implementation
- Developed a Decision Support System (DSS) 'Recovery Dashboard' on Qlikview to monitor company-wide recovery position and corporate level decision making
- Maintained tactical control of project budgets and timelines to keep teams on task and achieve schedule targets.
- Reported on status for each project to appropriate stakeholders.
- Supported senior managers and department leaders by completing projects and problem resolution under tight budgets and schedule demands.
- Created and maintained quarterly reporting framework to make project progress, annual corporate strategy and upcoming projects information available to stakeholders throughout organization.
ACCA Trainee
K-Electric Limited
Karachi, Sindh
07.2015 - 07.2017
- Handled day-to-day running of different projects, ensuring high levels of productivity and progression.
- Generated reports of findings to help management with making key decisions.
Finance Intern
Philips Pakistan Limited
Karachi, Sindh
03.2015 - 06.2015
- Prepared and posted journal entries and special bills with guidance from staff accountants.
- Assisted with account reviews and preparation for account reviews.
- Assisted with month-end closing processes and verified journal entries.
Education
Certificate - Accounting And Finance
ICAEW
10.2018 - Current
BSc - Accounting And Finance
Oxford Brookes University
05.2020 - 05.2020
Certificate - Accounting And Finance
Association of Chartered Certified Accountants
03.2013 - 07.2017
A Level - Accounting And Finance
Nixor College
08.2010 - 06.2012
O Level - Commerce
DA Public School O & A Levels
08.2008 - 06.2010
Skills
Financial & Data Analytics
Budgeting & Forecasting
Project Management
Business Process Reengineering
SAP
Qlikview
Presentation Skills
Performance Management
Interests
Traveling
Music
Politics
Accomplishments
- Participated in inter-school Math competition “Spider Math Competition” and achieved overall 3rd position
- Participated and won numerous debate competitions
- Active member of Logistics entity in Nixor College from 2010-2012 and performed duties in various events
Timeline
Accounts Payable Manager
K-Electric Limited
04.2021 - Current
BSc - Accounting And Finance
Oxford Brookes University
05.2020 - 05.2020
Deputy Manager- Revenue and Receivable Monitoring
K-Electric Limited
08.2019 - 04.2021
Certificate - Accounting And Finance
ICAEW
10.2018 - Current
Assistant Manager - Projects
K-Electric Limited
07.2017 - 08.2019
ACCA Trainee
K-Electric Limited
07.2015 - 07.2017
Finance Intern
Philips Pakistan Limited
03.2015 - 06.2015
Certificate - Accounting And Finance
Association of Chartered Certified Accountants
03.2013 - 07.2017
A Level - Accounting And Finance
Nixor College
08.2010 - 06.2012
O Level - Commerce
DA Public School O & A Levels
08.2008 - 06.2010