Hasan Raza Kasbati

HASAN RAZA KASBATI Bahadurabad, Karachi, Pakistan | Cell #: - | Email ID:-| Linkedin: /in/hrk1994 ACCOUNTANT / FINANCE PROFESSIONAL Financial Analysis & Forecasting | Accounts Payable & Receivable | Operational Excellence | Taxation Details-focused professional, eager to offer cross-functional experience in Accounting, Revenue, Management, and Inventory Control towards maximizing bottom-line performance. Integral individual who organizes, analyzes, and interprets data to optimize profits, demonstrate strong knowledge of forward-thinking, bookkeeping, tax preparation, and accounting methods. Ambitious self-starter who skillfully coordinates among C-level executives, business teams, and clients, along with successfully planning, prioritizing, and completing diverse responsibilities within fast-paced environments. CORE COMPETENCIES AND ACHIEVEMENTS  Full-Cycle Accounting  Regulatory Compliance  Attention to Detail  Internal Audit Compliance  Financial Reporting/Analysis  Budgeting & Cost Reduction  Client/Vendor Negotiations  G/L Budgets/Forecasts  Cross-Functional Skills  Crisis Management  Learning/Unlearning/Relearning  Consolidation / Group Reporting      Tax Planning And Taxation Laws: With due diligence, tax planning and by using personal networks, save tax of around PKR 180 million and successfully handled Tax audits of 5 Tax Years. Market Research: Conducted detailed market research and change vendors which reduces the cost of raw material by 3%. Process Improvement: Customized and devised the procedure of FDA preparation which results in additional income of USD 2000 per month, revamped the process of SOA and recovered the difference of USD 1.3 million which was not reconciled for more than a year. People / Relationship Management: Supervised the process of recovering receivables of USD 200k in just 10 days, cultivated sustainable relationship with vendors and convinced to increase payment period from 15 days to 21 days. Tech Savvy: Proficient use of Windows operating system, well versed with MS Office Suite (Word, Excel, PowerPoint) and working knowledge of SAP B1. YB Holdings, Karachi, Pakistan Senior Officer Finance PROFESSIONAL EXPERIENCE May 2018 – Till Date Introduced systems and controls to ensure compliance with subsidiary companies and regulatory authorities, also handle the Tax audits and litigations relating to Tax matters and conducted consolidation of financial statements within statutory timelines. Assisted subsidiaries in regulatory compliance and Tax related matters. Prepared suits and petitions with Legal Counsels on Tax matters. Conducted day to day accounting and financial activities of the company including bank reconciliation. Gathered, compiled, organized and analyzed various operational and financial reports of subsidiaries for group reporting. Assisted group CFO in implementation of strategies on group level. GAC Pakistan, Karachi, Pakistan Disbursement Officer Aug 2017 – May 2018 Initiated adequate systems and controls implemented to ensure compliance with clients and regulatory requirements for disbursement process, also established Client's disbursement account, SOA and general account. Generated monthly income, accounts receivable and accounts payable of shipping department, adhered Disbursement related procedures with full implementation of GaCAgent. Prepared FDAs and addressed all client issues related with FDA. Cell #: - | Email ID:- HASAN RAZA KASBATI Page 2 of 2 Quality Art Press, Karachi. Pakistan Finance Officer Feb 2016 – Aug 2017 Steered efforts towards developing accounting statements, posted vouchers for organization. Demonstrated keen eye for details to handle accounts payable and accounts receivable as well as maintained vendor's quotations/tariffs and their approval by Management. National Bank of Pakistan, Karachi, Pakistan Finance Intern July 2014 – Aug 2014  Preparing weekly deposit report of Corporate Branches.  State Bank reporting of National Bank of Pakistan.  Preparing all Pakistan Inter Bank Reconciliation (IBR). EDUCATIONAL BACKGROUND Master in Business Administration | SZABIST, Karachi, Pakistan Courses: Financial Modelling ▪ Strategic Finance ▪ Business Analysis and Forecasting Thesis: Effect of Enterprise Multiple on Stock Return in Pakistan Stock Exchange Conducted research to gauge the effect of Enterprise Multiple on stock return and to check the existence of this anomaly in Pakistan Stock Exchange. Bachelor in Business Administration | SZABIST, Karachi, Pakistan Courses: Financial Reporting and Analysis ▪ Security Analysis ▪ Investment Banking ▪ Islamic Banking and Finance Thesis: Crypto-currency implementation: An insightful analysis Conducted research on implementation of crypto-currency in the banking sector of Pakistan. Gauge perception of users, bankers and company of crypto-currency LANGUAGE CERTIFICATION IELTS: Listening: C2 | Reading: C2 | Speaking: B2 | Writing: B2 HONORS AND AWARDS Teaching Volunteer at TCF (A school for less privileged students) Winner of NBP business idea competition Best member IEEE-SSB Best member ZABMUN Best member SZABIST social sciences society Cell #: - | Email ID:-