Waqas Javaid

Dedicated professional with over 15 years of experience in multiple areas of business accounting and finance like Risk & Budget Management, Cost Control, Payroll Administration, Financial Reporting, Audit, Accounts Payable/Receivable, Internal Control System Design & Implementation, ERP– Oracle Financial 12.1.2 & SAP Business One. Currently looking for a promising position in order to achieve professional and personal goals. 

Expertise in strategic financial planning and profit targeted decision-making skills.

Chief Accountant                                                                                (August 2021 to present)

Qotuf Food Factory           

• Directly reporting to Managing Director on accounting, financial and management functions.
• Prepare Monthly/ Annual accounts in accordance with the IFRS & generally accepted accounting principles and government requirements.
• Supervise all journal entries, ledgers, accounts payable/ receivable, bank deposits, invoicing, collections, payroll & monthly closing.
• Ensure availability of funds for ongoing operational and capital investment requirements, observe variances and suggest counter measures.
• Manage working capital by streamlining daily sales, making sure cashflow projection are inline with the receipts and payables.

Chief Accountant                                                                                (Sept 2019 to August 2021)

JPlast Factory & Three Lines Restaurant (JPLast & Three Lines is a subsidiary of JMJ Group Qatar with annual sales revenue of QR100 million)

• Oversee Monthly Annual Accounts in accordance with the IFRS & generally accepted accounting principles and government requirements.
• Handle annual budgets and financial reports, forecast cash flow positions, related borrowing needs and funds for investment.
• Liaison with local banks for complete financial correspondence including LC, Guarantee Cheques, Performance Bonds.
• Manage RF facility, net cash position, company financial records & banking reconciliation.
• Ensure compliance with Financial Reporting Guidelines, financial management processes and applicable laws and statutes. 
• Liaison with external auditors on external financial statements and accounting issues to ensure auditor agreement with company decisions on accounting disclosures.
• Conduct monthly and quarterly account reconciliations to ensure accurate reporting and company’s ledger maintenance.

Assistant Manager Accounts & Finance                                           (June 2017 –To Sept 2019)

DicoTech Qatar                   (DicoTech Qatar specializes in construction services, oil and gas services, fire safety, security & supply services, QHSE, IT and HR consulting services)

• Prepare Monthly/ Annual accounts in accordance with the IFRS & generally accepted accounting principles and government requirements.
• Conduct monthly and quarterly account reconciliations to ensure accurate reporting and ledger maintenance.
• Responsible for dealing with banks for matters like LC, Guarantee Cheque, Performance Bond and looking after RF facility, determining the Corporation’s net cash position on a daily basis, and ensuring that company records and bank balances reconcile on a daily basis.
• Worked in SAP Business One in all financial/accounting modules 

Manager Accounts                                                                           (July 2014 – to June 2017)

NEWAGE Cables (Pvt.) Ltd.

• Supervised accounting, financial and management functions of Polypropylene unit of 60 looms, Chemical Processing unit and a Power Plant unit with annual sales revenue of more than US $10 million.
• Managed financial statements, budget, forecast cash flow positions, funds for investment, journal entries, accounts payable/ receivable, bank deposits, invoicing and collections.
• Reduced accounts receivable from $60K to less than $20k in less than 6 months
• Improved cash flow & renegotiated payment terms with various suppliers/vendors from Net 30 to 60 days.
• Accelerated the month-end closing process to the tenth calendar day of every month.

Internal Auditor                                                                                 (Aug 2011 – July 2014)

Hussain Mills Limited

• Performed financial audit, operational audit, system and process audits multiple business units under umbrella of Hussnain Mills Ltd.
• Managed & conducted compliance audits and reviewed contractual agreements.
• Supervised overall costing of multiple business units including Production, Accounting/ Finance and Administration.
• Liaison with BOD to ensure effective system for identification and evaluation of all major risks.
• Improved internal control efficiency and risk reduction by presenting valuable audit findings.
• Assigned with PWC team in development & implementation of control procedure, operation, oversight processes and manuals to increase efficiency and transparency of business units

Senior Audit & Consolidation Officer                                            (July 2009 – July 2011)

Master Textile Mills Ltd.

• Assisted manager audit in preparation of consolidated accounts and verification of individual unit accounts in accordance with international and local accounting standards
• Reviewed financial statements, applicable ratios, credit reports, examining and evaluating transitions to certain accuracy, fraud detection techniques, report preparation, compliance review administration and providing performance feedback. 
• Accountable for financial data analysis and results to improve company’s profit.

Senior External Auditor                                                                  (Jan 2007 – Mar 2009)

Baker Tilly Mehmood Idrees Qammar              (Member firm of Baker Tilly International)

• Involved in planning, performance, finalization and review of audits of Textile units, Automobile Industry, Hospitals, Designing and implementation of internal control systems and management information systems

Trainee Audit

• Involved in final audits & assignment of Divine developers (Pvt.) Ltd., Comfort Knitwear’s (Pvt.) Ltd., Doctors Hospital & Vision Developers & Pak Hero (Pvt.) Ltd.

• B.Sc. (Hon.)    Applied Accounting,       2014

           Oxford Brookes University, U.K

• Diploma          Accounting & Business 

                       Association of Chartered Certified Accountants U.K              2012                                                       

• CFC                Institute of Financial Consultants USA                                   2012