Ansar Abbas

Senior Manager Accounts

MASOOD FABRICS LIMITED • Vollzeit

Feb 2025 - May 2025 • 3 mos

 Direct reportable to CFO, Director Finance, CEO and Chairman of the Company.  Preparing and updating daily investment report.  Preparing and updating CDC portfolio.  Oversee and manage, liaison / co-ordinate with brokers.  Verification and posting of Vouchers in oracle.  Preparation and maintaining record of finances obtained from various financial institutions and lenders by the company and entering their repayments in the system.  Verification of calculation and payment of markup on said finances obtained.  Supervision of bank and parties’ reconciliation and resolving pending issues.

Senior Manager Accounts

Shujabad Weaving Mills Ltd • Vollzeit

Jan 2015 - Feb 2025 • 10 yrs 1 mo

 Direct reportable to GM Account/CFO, CEO, Chairman and all the Directors of the Company.  Responsible for all Books of Accounts, Insurance, Sales Tax, Income Tax and Accounts / Finance matters of the Company.  Responsible for monthly, quarterly, half yearly and annual management and statutory accounts of the Company.  Responsible for daily Management Reporting i.e. Daily Production reports of all units, Daily power generation reports, Daily Limits utilized/ Limits available report, Daily cash in hand and cash at banks Position, Daily Receivables (Local & export) Position, Daily Payables position, Local Fabric Sales and Purchase Contracts Balance Position etc.  Responsible to deposit all monthly statements/reports/returns to various government departments / APTMA. It includes monthly Sales Tax Return, Income Tax Returns, EOBI, Social security, Cotton cess, information demanded by APTMA etc from time to time.  Liaison with financial institutions regarding preparation of documents for limits renewal / enhancement, proposals for long term loan/ working capital, project evaluation etc.  I was the key player in implementing ERP (Microsoft Dynamic AX-12) in Shujabad Weaving Mills Limited and training of the personnel on the use of ERP.  Fully responsible for managing day to day operations of the company and whole day reporting to management.  Submission of monthly reports to management like monthly management accounts and their projections and to assist them in determining which actions could make company more profitable.  To ensure timely filing of all types of returns and taxes with FBR and different types of forms with SECP and with other regulatory bodies.  Dealing with statutory bodies & other bodies e.g. SECP, FBR, PCGA, Chambers of Commerce, APTMA, SMEs etc and completing their requirements.  Facing all kind of legal proceeding initiated by the company or against the company at different stages including High Court & Supreme Court etc.

Manager Finance

Fazal Cloth Mills Limited • Vollzeit

Jun 2013 - Jan 2015 • 1 yr 7 mos

• Preparation of all kind of documents for obtaining credit facilities from various financial institutions/DFIs with respect to Fazal Cloth Mills Limited, Fazal Weaving Mills Limited and Amir Fine Exports (Pvt.) Limited. • Filing of various Forms under The Companies Ordinance 1984 (such as Form 10, Form 16 and Form 17etc) to SECP manually as well as on-line. • Preparation of projected accounts of the companies. • Preparation of Board of Direction’s Resolutions. • Preparation of documents for annual renewal / enhancements of credit facilities. • Preparation of documents in respect of Technology Up-gradation Fund (TUF) Scheme under Ministry of Textile Industry approved by the State Bank of Pakistan for markup support. • Preparation of documents for long term loans which qualify under State Bank of Pakistan’s Long Term Finance Facility (LTFF). • Resolving various issues/queries raised by banks as well as miscellaneous documents required by banks • Liaising with external and internal auditors for conducting audits of Long term as well as short term finances. • Maintaining sound relationship with banks. • Preparing specific reports relating to finances obtained by the company