Summary
Overview
Work history
Education
Skills
Websites
Accomplishments
Languages
Personal Information
Custom
Affiliations
Certification
References
Timeline
Generic
Noor Muhammad

Noor Muhammad

Jeddah,Saudi Arabia

Summary

Results-driven, ambitious and competitive business leader focused on transformative leadership and continuous improvement to drive growth and maximize profits. Tenacious executive ready to take on challenging role, meet goals and surpass expectations.

Overview

18
18
years of professional experience
1
1
Certification

Work history

General Manager Internal Audit

Aquat Food Industries LLC
Jeddah, Mecca Region
07.2022 - Current
  • Ensure the implementation of the Internal Audit function’s objective, plans, policies and procedures
  • Develop and Manage the Internal Audit Function’s budget
  • Monitor the operating results of the Internal Audit function compare them to established goals and objectives and report results
  • Plan, coordinate and carry out Financial, operational, IT and special assignment audits on the core and non-operation of Aquat Food Industries
  • Manage the development of Annual Internal Audit Plan / Programs to audit on the core and non-core operation of Aquat Foods
  • Develop and implement financial auditing programs for reviewing and appraising the soundness and adequacy of Internal accounting controls, determining to which extents assets are properly accounted for and safeguard from losses
  • Develop and automate ERP (SAP) according to executive management vision
  • Investigate and recommend action to be undertaken when there are weakeness in internal controls, compliance with policies and procedures
  • Report the findings and conclusion of the audit programs to BOD and the CEO.

Head of Finance

MH Qasim (Pvt.) Ltd
Karachi, Pakistan
07.2021 - 03.2022
  • Joined as GM Finance reporting to CEO of the company
  • Responsible for all aspects of finance and budgetary control
  • Responsible for Financial Planning, coordination with treasury and tax activities
  • Cash Flow Management
  • Designing and Implementation of Policies and procedure according to new business requirement and regulation
  • Designing and Implementation of comprehensive financial and control processes
  • Finalization of Company’s Accounts and Annual Audit liaison with External and Internal Auditors
  • Finalization of Cost Audit
  • Working on ERP implementation on End to End on Odoo Enterprise
  • Provide decision support as and when required by CEO.
  • Oversaw financial reporting processes, maintaining accuracy and compliance with regulatory standards.
  • Reviewed bookkeeping and management accounts to achieve clear and correct reports.
  • Conducted variance analysis to identify discrepancies and implement corrective actions.
  • Consolidated comprehensive management accounts, integrating income statements, cashflow and balance sheets.

Senior Manager Budget & Control

Aquat Foods Industries Ltd
Jeddah, saudi Arabia
06.2016 - 06.2021
  • Provide strategic direction in the area of Inventory forecasting, Inventory valuation
  • Prepare Annual Work Plan and Complete Master Budget in line with company's strategic goals
  • Prepare forecasted Cash flow statement
  • Identify opportunities to improve Margins and return (Cost saving, productivity, Working Capital Efficiency)
  • Prepare and review detailed budget, expenditure, and any variation from budget
  • Develop all type of short and term projection
  • Coordinate and oversee the budgeting process at Aquat & assist department head in preparation of Annual budget
  • Review Month end closing & Reporting
  • Identify Foods Cost Accounting, Transfer pricing to other SBU
  • Implement, monitor and continuous improvement in Standard Work Procedure for appropriate costing accounting procedure and methods
  • Maintain documented system of Costing policies and procedure
  • Implementation of IFRS for stock valuation
  • To implement of SAP CO Modules as per IFRS accordance
  • To train the people and give understanding about the SAP Co Module
  • To manage the Internal Financial Audit Department
  • Implement new procedure and processes of Financial Audit in organization
  • SAP related specific responsibilities
  • Product profitability its monitoring through COPA reporting its reporting to the top management through SAP & Defining of the reporting requirement as per the management's need and to cater KPI's related to different departments, defining of value field for COPA reporting and the dimension (variants for reporting)
  • Review of the Materials Ledger Monthly and reconcile result with FI
  • Understanding and identification of the requirement PP module and its mapping with the CO module for product costing (such as identification of the types of activities to be defined and its relationship with the resources in PP module)
  • Redesigning of the costing structure for better visibility of product costing and variance reporting to the management
  • Preparing COPA Value Structuring according to Management Reporting
  • Restructuring of costing and switching from Manual Costing Excel Based to System Actual costing with Material Ledger as per requirement of SAP aligned with best practices
  • Finance lead in understanding (BOMs) Bills of Materials, Standard Cost allocations and settlement, Operational hour setup, Costing runs
  • Responsible for maintenance related to FICO including maintenance of all hierarchy's (i.e., Profit center hierarchy, Cost center hierarchy, Internal Order hierarchy), Chart of Account, all reports prepared on report painter etc
  • Finance Lead in the Implementation of BI.
  • Identified and resolved operational issues impacting productivity, performance or profitability.

Senior Manager Costing & Accounts

Dalda Foods Ltd
Karachi
03.2007 - 06.2016
  • Monthly Financial Reporting to Management via Product wise Profitability
  • Product profitability its monitoring through COPA reporting its reporting to the top management through SAP & Defining of the reporting requirement as per the management's need and to cater KPI's related to different departments, defining of value field for COPA reporting and the dimension (variants for reporting)
  • Review of the Materials Ledger Monthly and reconcile result with FI
  • Redesigning of the costing structure for better visibility of product costing and variance reporting to the management
  • Preparing COPA Value Structuring according to Management Reporting
  • Restructuring of costing and switching from Manual Costing Excel Based to System Actual costing with Material Ledger as per requirement of SAP aligned with best practices
  • Finance lead in understanding (BOMs) Bills of Materials, Standard Cost allocations and settlement, Operational hour setup, Costing runs
  • Responsible for maintenance related to FICO including maintenance of all hierarchy's (i.e., Profit center hierarchy, Cost center hierarchy, Internal Order hierarchy), Chart of Account, all reports prepared on report painter etc
  • Finance Lead in the Implementation of BI and BPC & integral aspects discussions
  • Costing & Stock (DFL + WIL)
  • Reviewing & Finalization of Controlling Profitability Analysis (COPA) reporting monthly basis which includes analysis of Variances & Product wise, customer wise, Region wise Profitability
  • Analysis of Standard Costing Vs
  • Actual Costing
  • Reviewing & Finalization of Material Ledger to actualization of Material cost
  • Review of Imported Landed Cost Sheet with Standard
  • Review Activity Rate Standard vs Actual
  • Review & Finalization of Cost Audit Accounts yearly
  • Co-ordination with External as well as Internal Auditors
  • Review of Stock Reconciliation (All Types)
  • Finalization of COGS of Annual Statutory Accounts
  • Preparing and implementing SOP for introducing new lines & product cost
  • Supervision of Stock taking Activity quarterly as well as annually
  • Providing assistance in resolving of any query regarding system's data to I.T
  • To introduce any methodology for enhancing the productivity and efficiency for required department
  • Making Feasibility Report on Seasonal Oil Procurement with respect to constraint capacity and Projected Financial Statement for Dalda Subsidiary Company “Wazir Ali Industries'
  • Taxation Support (DFL & WIL)
  • Reviewing purchases of Material Local & Imported for FED Calculation & Income Tax monthly, Quarterly & yearly
  • Reviewing consumption of Material for calculation to be incorporated in preparing of Income Tax & Advance Tax working
  • Arranging & providing data for income tax & sales tax queries during assessments
  • Payments Control (DFL + WIL)
  • Supervising & Controlling of APV Department
  • Reviewing and verifying System Based GRN payments & forward to HO
  • Dealing with day-to-day department matters
  • Checking & Authorization of CR up to Rs
  • 100,000/-.

Assistant Accounts Manager

Forte Pakistan Pvt. Ltd
Karachi
06.2006 - 02.2007
  • Management reporting including Profit & Loss Account monthly
  • Annual Statutory Audit
  • Funds management
  • Implementation of System for effective operations
  • Monitoring invoicing, payment, and recovery
  • Liaison with banks and managing all banking matters
  • Preparation and submission of different reports as per SECP and statutory requirement (Sales Tax and Income Tax).

Education

Certification in Management Accountancy - Finance & Cost & Management Accountancy

Chartered Institute of Management Accountant - United Kingdom
London, United Kingdom
01.2020 -

Certification in Management Accountancy - Finance & Cost & Management Accountancy

Chartered Institute of Management Accountant - United Kingdom
01.2020 -

Certification in Management Accountancy - Finance & Cost & Management Accountancy

Chartered Institute of Management Accountant - United Kingdom
London
03.2020 -

Certification in Management Accountancy - Finance & Cost & Management Accountancy

Chartered Institute of Management Accountant - United Kingdom
United Kingdom
08.2020 -

Associate's degree - Certification In Internal Audit

Institute of Internal Audit
Saudi Arabia
05.2022 -

Skills

  • MS Office
  • System Designing
  • Budget Preparation
  • Forecasting and budgeting
  • Budgeting and expense reports
  • Budgeting and financial reporting
  • Feasibility Reporting
  • Product Costing
  • SAP Implementation FICO
  • English Fluency
  • Ability To Manage Budgets
  • Team oversight
  • Effective leader
  • Staff training/development

Websites

Accomplishments

  • Special Award received for effective & prompt system support in Submission of Various Critical Data to Government (Saving Rs.200 M) in 2011.
  • Implementation of Costing Module in Scala in Dalda Foods (Pvt.) Ltd in 2008
  • Leading the FICO team in Implementation of FICO SAP and achieved target within 7 months From Feb 2014 to Aug 2014 in Dalda Foods Pvt. Ltd
  • Leading the FICO team in Implementation of FICO SAP and achieved target within 7 months From June 2016 to Mar 2017 in Aquat Foods Industries Ltd Saudia Arabia.
  • Developed Budgeting & Costing system in the Aquat Foods Industries Ltd.

Languages

English
Urdu

Personal Information

Title: Cost & Management Accountant & SAP FICO

Custom

  • Playing cricket in the Company Cricket Team
  • Reading Books

Affiliations

  • Playing Cricket
  • Reading Books

Certification

Certified Lead Auditor ISO 9001:2015

Lean Six Sigma Green Belt

L4 Food Safety Training

References

References available upon request.

Timeline

General Manager Internal Audit

Aquat Food Industries LLC
07.2022 - Current

Associate's degree - Certification In Internal Audit

Institute of Internal Audit
05.2022 -

Head of Finance

MH Qasim (Pvt.) Ltd
07.2021 - 03.2022

Certification in Management Accountancy - Finance & Cost & Management Accountancy

Chartered Institute of Management Accountant - United Kingdom
08.2020 -

Certification in Management Accountancy - Finance & Cost & Management Accountancy

Chartered Institute of Management Accountant - United Kingdom
03.2020 -

Certification in Management Accountancy - Finance & Cost & Management Accountancy

Chartered Institute of Management Accountant - United Kingdom
01.2020 -

Certification in Management Accountancy - Finance & Cost & Management Accountancy

Chartered Institute of Management Accountant - United Kingdom
01.2020 -

Senior Manager Budget & Control

Aquat Foods Industries Ltd
06.2016 - 06.2021

Senior Manager Costing & Accounts

Dalda Foods Ltd
03.2007 - 06.2016

Assistant Accounts Manager

Forte Pakistan Pvt. Ltd
06.2006 - 02.2007

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Noor Muhammad