Huzaifa Emani

LinkedIn Profile https://www.linkedin.com/in/huz aifa-khundkar-a-/ Huzaifa Emani -- FINANCE & PROCUREMENT PROFESSIONAL WORK EXPERIENCE Abilities & Highlights Developed Supply Chain & Finance Systems & Controls in ERP environment and SAP to support the rapid growth of the organization. Sourcing and relationship development with Foreign Suppliers and the best mix of Product Selection. Traveling Locally & Internationally for meeting vendors for sourcing & procurement. Managing a Product Portfolio budget of 1.5 Million USD in the year 2021-22. Negotiation with foreign suppliers and international travel on behalf of the company. Managing a product portfolio of more than 3000 SKUs. Lead Procurement, imports, Costing, and Supply chain of furniture products based on market variables and Data Analysis. Led and developed a team of 20 individuals in the warehouse and operation department to efficiently and effectively execute delivery orders of 1 container per day on average. Product Costing and Vendor assessment and development of new vendors. Capital and revenue expenditure Controls and monitoring. Data Analysis using Excel, Power BI, and R to make informed decisions making. 20% Reduction in Transocean and Local logistics costs by developing alternative channels and establishing direct contacts in shipping lines. Estimation and Workings of Customs Duties and Taxes and communication with clearing agents to deal with changing circumstances. SUMMARY I am a AFA - Affiliate Financial Accountant with 4+ Years of Experience in Finance and Procurement. I have extensive experience in Product Costing, Imports and logistics Management, Data Analysis and Reporting and Product Portfolio Management. I managed a procurement budget of 1.5 Million USD in 2021-22. RELEVANT SKILLS Spreadsheets (Excel/Google) SQL Data Visualization Tools SAP (Business one) Power BI Budgeting & Forecasting Costing of Products Presentation Skills Collaboration Research Attention to details Communication Problem Solving Adaptability Negotiating & Analyzing vendor Contracts. WORK EXPERIENCE Procurement Lead - Deputy Manager Enza Home - Yatas Global May 2020 - Continued ( Location: Islamabad, Pakistan) Procurements: Responsible for managing the procurement of 1 to 2 Million USD Product Portfolio Annually. Procurement and Introduction, Notification of portfolio products. Preparing Orders and Loading as per planned schedules. Coordination with the Senior Management for the introduction of New Products Selection and Vendor Contracts term finalization. Understanding of the market, import regulations, structure, and tariffs. Development of New and maintained old panels of required suppliers and vendors. Keeping track of purchase orders, L/Cs, Contracts, insurance documentation, etc. Prepare proposals, request quotes, and participate in contract negotiations. Proactive and foresight planning, execution, and tracking of all inbound and outbound shipments with a resourceful and analytical approach while engaging internal and external. I am responsible for the complete procurement cycle comprising mainly of below mentioned steps: Booking Containers, Monitoring Loadings, Tracking Shipments Enroute, Clearing banking documents BL’s and LC, EIF & GD Filing, and then arranging Local Transports from port to warehouse Following and enforcing the company's procurement policies and procedures. Controlling the procurement budget and promoting a culture of long-term saving on procurement costs Overseeing and supervising employees and all activities of the purchasing department. Preparing plans for the purchase of equipment, services, and supplies. Inventory & Warehouse Management: Monitoring Inventory levels and analyzing stock demands with the sales team and management and then placing final orders with vendors and planning their loading schedules. Warehouse Management & Planning of Inventory Movements inwards and outwards. Visiting warehouses to check inventory reporting & other compliances and reporting feedback to Management for required improvements. Product Costing: Ensuring accurate inventory costing. Process and recording of all the transactions relating to inventories, e.g., cost of goods sold/consumed, cost of goods imported/produced. Periodic reconciliation of inventory balances as per record outside the system with the record in the accounting system for values and with quantitative physical stock reports. WORK EXPERIENCE Analysis: Variance Analysis. Sales and Product data trends and analysis for informed decision making. Analyzed imports data to find inconsistent patterns that led to identifying errors in product prices which saved the company from overcharged costs. Preparing cost estimates/ Variation order evaluation and managing budgets. System and Process Development to improve the efficiency of teams. Accounts Management: Managing Vendor Accounts for partners, transporters, and Clearing Agents. Maintenance and Reconciliation of Supplier and Vendor account on a regular basis to ensure that all the transactions have been recorded completely and accurately. Responsible for follow-up with vendors for outstanding amounts and settlements. Maintain information of all imports with their expected payment due dates and actual payment dates to help in planning the import payments (invoice and local duties), credit terms for imports and to check compliance with the payment terms; Reporting: Track and report daily/weekly/monthly progress on order placement & incoming supplier deliveries Formulated Policies and Internal Controls for warehousing and reordering that increased company efficiency and lowered costs. Monthly, Quarterly and Annual Procurement and Product Portfolio reports. Competencies: Procurement of Goods & Services, Logistics, Budgeting, Compliance and Audit, Analytical Reporting, Inventory Management. Assistant to Regional Head Interwood Mobel Sept 2019 - May 2020 ( Location: Islamabad, Pakistan) Assisting Regional Head in Finance & Operation. Managing team targets and Commitments. Analyzed projects to improve productively by defining controls for feedback and reporting. Accounts Associate Royal Honda Motors Jan 2019 - Aug 2019 ( Location: Rawalpindi Pakistan) Accounts Closing - Profit & Loss Statements - Balance Sheet preparation. WORK EXPERIENCE Regional Compliance Associate AA-Exchange July 2018 - Dec 2018 ( Location: Islamabad, Pakistan) Responsible for auditing branch records. Ensuring compliance with AML and terror financing, Due diligence and KYC procedures are being implemented and submitting compliance reports. EDUCATION HISTORY AFA - Affiliate Financial Accountant Institute of Cost and Management Accountants Pakistan (ICMAP) Location: Islamabad Year of Graduation: 2020 Bachelor of Accounting Institution: Pearson Edexcel UK (IBA) Location: Islamabad Year of Graduation: 2017 Received Merits in the following subjects: 1. Managing Financial Resources Decisions 2. Management Accounting 3. financial reporting 4. Investment Decisions FSC PRE - ENGINEERING Institution: Punjab Group of Colleges (Federal Board) Location: Rawalpindi Year of Graduation: 2012 HSSC - MATRICULATION Institution: Pakistan National School System (Federal Board) Location: Rawalpindi Year of Graduation: 2010 Negotiation Skill - Executive Education Program Lahore University of Management Sciences Location: Lahore Year of Completion: 2022 FMVA - Financial Modeling & Valuation Analyst Institution: Institute of Corporate Finance Location: Online Year of Graduation: 2021 Google Data Analytics Certificate Institution: Coursera Location: Online Year of Graduation: 2021 RECOGNITIONS Received Merits in the Following subjects: Managing Financial Resources Decisions Management Accounting financial reporting Investment Decisions Recognized for identifying erroneous patterns in vendor invoices to save company overcharging of invoices. Implemented and collaboration on the write-up for software to act as an intermediary between SAP and Users. Implementation of ISO 9001:2015