Qasim I

Financial Controller

E-commerce • Vollzeit

Dec 2024 - Feb 2026 • 1 yr 2 mos

Financial Controller – (Amazon US Top Seller) (US) (Jan 2025 – Feb 2026) • Rebuilt the finance function from the ground up, establishing end-to-end monthly book closing processes and standardized financial workflows to support the business growth from $60Million to $500Million and market expansion. • Lead monthly financial closing and consolidation across multiple entities with accuracy and timeliness. • Achieved 61% reduction in ERP implementation costs through strategic vendor negotiations and process refinement. • Prevented $31,000+ in ghost transaction losses through improved reconciliation and accounting controls. • Implement the weekly distribution channel, market, and SKU vice sales analysis for KPI’s and variance monitoring and reporting. • Optimizing the SKU’s based on ROI analysis and generation of partner level profitability analysis report to ensure the transparency of B2B business segment. • Due diligence for target companies and setting up of post-acquisition KPIs for brand performance management. Successfully integrated four new acquisitions and effectively implement post-acquisition reporting framework and KPIs. • Inventory reconciliations for inventory placed at POS (Amazon, Walmart), Warehouse (MN, FL, TX, CT, MW) Partner warehouse (LA, LV, NV) and In-transit. Inventory quality process implementation to manage the returns and reducing the wastage from 5% to 1%. • Successfully replaced underperforming ERP consultant and onboarded the right Odoo implementation partner, reducing project cost by 70% and accelerating go-live by 4 months. • Defined detailed business requirements and finalized user stories for Inventory, Purchasing, Sales, and Accounting modules, including integrations with Amazon, Walmart, Shopify, Posh mark, Scan Power, and Keepa. • Worked closely with Outsourcing manager to ensure Outsourcing costs does not fall beyond the budget. Set internal controls over managing the efficient utilization of Outsourcing budgets.

Manager Finance & Transformations

Rebiz LLC, Cleveland Bricks • Vollzeit

Jul 2022 - Dec 2024 • 2 yrs 5 mos

Manager Finance & Transformations – Rebiz LLC (US) (1st August, 2022 – 31 December 2024) (Job function – HOD Offshore Finance & Transformation US Operations) • Leading five sub-departments (AP, AR, BK, FR & Financial Automation) • Carrying out financial system transitions and automations for company business processes. Developing, monitoring and managing implementations and change management project plans. • Design, implement and monitor the internal controls implemented for P2P and O2C cycles. Policy and procedural changes for risk identification and mitigation. • Identification and assessment of business risk & financial risk especially for working capital budgeting. Implementing strong controls over risks identified and continuously monitoring and reporting of KPIs for identified risks. • Budgeting & forecasting for projects at planning stage and monitoring the working capital inflows and outflows of the under construction projects and entire business segments. • Transaction categorization, monthly closure, quarterly closure and project closures for all the group companies and presentation of group financials at monthly board meeting along with production and sales & marketing budgets with variances and plan of action. • E-commerce platforms (Amazon, etsy, ebay) integrations, reconciliations and procedural changes for accuracy, data analysis for competitive advantage and distribution channel profitability analysis • Inventory management-reporting, inventory costing on FIFO and weighted average costing principles, periodic reconciliation of inventories & provisions for obsolete and slow moving items after preparing the ageing report. • Finalization of quarterly CAT taxes (US state taxes based on commercial activities), Annual return filing for LLC and 1099s for vendors and employees. • Group consolidated reporting and management reporting for group valuation and collective RFP’s for M&A and organic business expansion in US market.

Manager Financial Applications

Avionics Manufacturing Industry • Vollzeit

Mar 2019 - Jul 2022 • 3 yrs 4 mos

• Establish and automate the complete budgeting process for Aircraft & Avionics Manufacturing Industry operating both ways commercially as well as Government rules & regulations. • Implement the internal controls over formulation, addendum and transfer of budget between multiple cost centers of all profit centers. (It covers 4 Factories operating under the common board of directors) • Formulation of cost catalogs, price catalogs to streamline the budget formulation, addendum to the budget and variance reporting for each BOQ line item of every project and consolidated at organization level for EC. • Financial accounting, transaction categorization for accurate management accounting and budget variance reporting • Preparations of cost annexures (Material, Labor – Skilled and Unskilled, OHs) for each project and consolidated • Monthly closure of books and issuance of updated budget document and variance reporting – Project level • Automation and implementation of CFA (Competent Financial Authority Matrix) over expenditure approval and Adhoc requirements which does not include in the budgets initially • Post completion reports and variance analysis of all the commercial projects. Transfers between projects as well as business units / cost centers for post completion analysis of project. • Transformation from single entry book keeping system to double entry book keeping system as per applicable IFRSs, Companies ordinance and public sector accounting standards. • For Health Care Project – Establishment of cost codes, chart of accounts, procurement budgeting, variance reporting and establishment of internal controls over financial reporting for settlement of CAPEX and OPEX line expenditures in the P2P cycle.