MEMF ELECTRICAL INDUSTIRES Co. (MEMF) RIYADH, SAUDI ARABIA
MEMF is a part of well known fast growing and professionally managed KFB Holding Companies. MEMF is the market leader in the field of metering in KSA. A well known manufacturer of electrical devices mainly in the fields of KWH Meters, Panel Meters, Meter Boxes, MCCBs, MCB, CT, Transformers, J&Ts, Feeder Pillar, Distribution Board.
MEMF has developed a matchless team of excellent designers, qualified engineers, qualified finance professionals and skilled workers to meet the customer requirements in the field of mechanical metering industry.
FINANCE MANAGER (Feb-2011 to Present)
Key Responsibilities in Finance
 Responsible for complete trade finance and treasury functions.
 Responsible for bank loans creation, settlement, refinances, L/Cs, L/G & APG (BG/B-Bond & P-Bond).
 Preparing monthly projected cash flow statements for business inflows and outflows.
 Preparing BOM based product wise costing and budgeting for the manufacturing company
 Prepared product wise budget, segment wise budget, costing budget and profitability budget.
 Monitoring budgeting & forecasting activities its analysis on monthly basis with actual spending.
 Working with the team for ensuring VAT is correctly reported and deadlines met at group and subsidiaries.
 Attended training for general principles of VAT, Categories of Goods & Services in VAT, Input/output VAT and its Calculations, VAT on Imports & Exports, VAT Invoices, Record Keeping and Audits, VAT Compliance Requirements, Impact of VAT on your Business, VAT Registration Process.
 Working with the Vat team for ensuring Compliance with local VAT legislations.
 Working closely in cooperation with the Group Head of Indirect Tax in relation to implementing VAT.
 Ensuring that appropriate internal controls are in place over accounting for Zakat, WHT & VAT
 Monitoring and interpreting financial statements and predicting future trends.
 Respon

PAKISTAN TELECOMMUNICATION CO. LTD (PTCL) (Jun 2002 To Oct 2009)
MANAGER FINANCE & ACCOUNTS (CWIP) IN PTCL H/Qrs (Feb 2007 To Oct 2009)
Key Responsibilities in Finance:
 Active participation in ERP (SAP) development & implementation for CWIP (CapEx) Reports in PTCL H/Qrs.
 Project budgeted cost comparison analysis vs actual expenditure cost.
 Various Project analyses has been carried out like cost analysis, ARPU analysis, age analysis, %age completion analysis & reported to management that resulted in reduction Project completion time.
 Monitoring the financial performance of the development Business Units and providing supporting analysis.
 Preparing monthly Project Wise and Region Wise Expenditure reports for Management decision making.
 Preparation and consolidation of capital expenditure budgets for the BU’s in line with company strategy.
 Monthly Accounting reconciliations of region wise CWIP Opening Expenditure, Additions and Capitalization.
 Several projects managed like WLL, OFAN, MM&BB, B&CC, ERP Implementation, TDM Replacement with NGN, Enhancement of Transmission & Access Network from Financial & Accounting point of view.
 Support group finance with (Capex) projects data, analysis and reports on a timely and accurate basis as determined by the CFO in line with Business Requirements in BOD meetings.
 Verification of Estimate Completion Report (ECRs) of CWIP to transfer into fixed assets of the company.
 Coordinate with the internal and external auditors for the audit.
ROLE IN ERP (SAP) AS MANAGER FINANCE & ACCOUNTS IN PTCL H/Qrs
 Successful migration of Capital Expenditure (CapEx-CWIP) manual data from manual data into SAP duly reconciled with Company Financial Statements & Quarterly Accounts.
 Power User of ERP (SAP) in Capital Expenditure (CapEx) department.
 Monthly Settlement Run of Capital Expenditure Reports in SAP i.e (CJI3, CJ88, CJ8G,GL).
 Monthly Overhead run on actual additions incurred during current mont