Junaid Jawed

Outline

Cushman & Wakefield Ireland Ltd specializes in commercial real estate services, offering expertise in property investment, leasing, valuation, and asset management. As part of the global Cushman & Wakefield network, they provide comprehensive solutions tailored to clients' needs, leveraging industry insights and innovative technology. With a focus on delivering exceptional value and strategic guidance, they serve as trusted advisors in the dynamic commercial real estate market in Ireland.

Key Responsibilities

• Preparing month-end closing and reviewing monthly reports.
• Reviewing the FSC (Financial Service Center - India) journals/reconciliation for month-end close.
• Preparing monthly cash forecasting and month-end analysis.
• Preparation of monthly results to stakeholders including all reconciliations.
• Preparing costing summaries for various client projects
• Preparation of certain compliance returns; VAT, P30, VIES, RTD, Form 46G, PSWT, etc.
• Assist with the conduct of external audits and main contact person for audit queries.
• Assistance with the preparation of the annual budgeting and forecasting.
• Respond to daily financial and non-financial inquiries.
• Assist senior management team with ad hoc projects.

Outline:

ICI Pakistan is an acclaimed Multinational conglomerate organization in Pakistan that operates in five different businesses. I served as a financial analyst in the pharmaceutical branch of the company. ICI's pharmaceutical business falls under the umbrella of the Top 20 pharmaceutical industries in Pakistan and has been in business relations with AstraZeneca UK Limited for the last 2 decades.

Key Responsibilities:

• Involved in the preparation of month-end reporting pack including P&L management reporting, variance analysis and manufacturing variance, conducting in-depth analysis, and presenting findings to the ‘VP” of Pharma Finance for review.
• Perform month-end activities including posting of accrual and prepayments.
• Set standard costs for all products and directed the implementation of cost accounting methods and activities. Along with the costing of imported raw & packaging materials keeping in view the duties & foreign currency risk.
• Collaborated with key financial stakeholders across the organization to gather and develop critical financial information requirements across various business units, contributing to improved financial analysis and decision-making capabilities, and ensuring compliance with regulatory standards.
• Review and prepare monthly balance sheet reconciliation and control accounts.
• Spearheaded the development and implementation of a comprehensive cost tracker and key performance indicator (KPI) metrics system, enabling accurate cross-company comparisons and facilitating informed decision-making across the entire Pharma division.
• Collaborated with supply chain procurement and sales teams to plan future material procurement effectively.
• Took ownership of inventory provision and conducted thorough analyses to inform board-level strategic initiatives for inventory management and cost optimization.
• Responsible for preparation of OPEX & CAPEX budget and revised forecast critically evaluating departmental inputs, and ensuring every requirement has been properly justified and rationalized.
• Improving the integrity of the CAPEX database by managing the CWIP, capitalizations, disposals & asset creations across the business, ensuring correct department-wise cost allocation, tagging, and periodic physical counts. This included working closely with the Shared Accounting & Supply Chain departments.
• Ensure smooth closure of annual & half-yearly audit activities by liaison with external and internal auditors.
• Effectively liaising with the Accounts Payable team to address and resolve any issues encountered during invoice posting or at any stage in the GR cycle.
• Proactively collaborated with the Accounts Receivable and Principal Reclaims Accountant to effectively identify and address any issues associated with Principal Debt/Recharges, leveraging strong analytical and problem-solving skills to provide timely resolutions and maintain positive relationships with key stakeholders.

Outline

As a Finance Trainee Officer in K-Electric's Business Strategy department, I leverage my ACCA qualification and experience to contribute to strategic financial planning. K-Electric, a leading power company in Asia, uniquely operates in power generation, transformation, and distribution, serving Karachi city. With annual revenue exceeding $2 billion and a workforce of over 10,000 employees, I support initiatives aimed at optimizing operations and driving sustainable growth in the electric power sector.

Key Responsibilities

• Coordinate with the shared service department on import payments and margins held by Bank of LC ensuring that all liabilities are posted on time, knocked off error-free, and make sure that there is no old outstanding payment appearing in the system.
• Ensured timely payment of all vendors in a proactive and efficient manner
• Responsible for reconciling accounts with suppliers while assisting accounting technicians with resolving discrepancies on suppliers’ accounts and clearing system mismatches.
• Responding to suppliers’ queries in a timely and efficient manner.
• Ensured supplier accounts are reconciled every month
• Reviewed bookkeeping and management accounts to achieve clear and correct reports.monthly
• Responsibility for all closing activities for Business:
• Ensure steadiness and consistency in similar nature of tasks in the relevant business area to bring efficiency.
• Revisit the closing process to streamline the closing and ensure productivity.
• Responsible for conducting month-end and year-end all Closing and routine activities for the business.
• Strong regular follow-up on each provision & write-off from a business.
• No parking without a complete understanding of JVs
• Review and verify the integrity of account balances on all Balance Sheet GIs by comparing the general ledger account balances with other independent systems, statements, and reports, to verify that the balances are correct and accurate along with cleansing of all old items of more than three years.
• Reconciling all balance sheet GLs before submission to the respective business along with timely
  resolution of all the discrepancies by collecting and analyzing the data available.
• Detail review and control on all Balance Sheet GLs as per GL reconciliation policy and strong follow-up on each line item.
• Responsible for Local LC documentation of all Adhesives & Textiles. This includes the arrangement Of Adhesive stamps, preparation of documents as per the LC terms, forwarding documents to the bank within presentation dates, and highlighting the Supply Chain for the TRs not received within 7 days from the date Of the Sales Tax invoice.

Outline

BDO is a leading audit, tax & advisory service that falls under the top 5 firms in the world.

I worked in their RAS department, where we conducted risk and internal audits of different organizations.

Key Responsibilities

• Supported senior audit team members in conducting audit procedures, including gathering evidence, testing controls, and documenting findings, to contribute to the overall completion of audit engagements.
• Assisted in analyzing financial data and records to identify trends, anomalies, and areas of potential risk or concern, under the guidance of senior team members.
• Facilitated effective communication and collaboration between audit teams, management, and clients, ensuring alignment of objectives and expectations throughout the audit process.
• Managed time effectively to meet assigned tasks and deadlines, seeking guidance and support from senior team members as needed to prioritize work and address challenges.
• Conducting business and audit risk assessment.
• Prepared comprehensive audit reports and presentations for management and clients, highlighting key findings, recommendations, and areas for improvement.
• Conduct comprehensive financial audits and agreed-upon procedures.
• Coordinate entrance & exit client meetings.
• CLIENTELE: TATA Pakistan, SHELL (AUP), Colgate Pakistan.