Jawad Nagda

Jawad Nagda

$35/hr
Financial Control Specialist
Reply rate:
-
Availability:
Hourly ($/hour)
Age:
40 years old
Location:
Karachi, Sindh, Pakistan
Experience:
13 years
Jawad Nagda Financial Control Specialist https://bit.ly/2LYxyiU - jawad_in +92 - October 14, 1984 Why Jawad?  Astute, level-headed and articulate accounting & finance professional with extensive experience of over 13 years; owns major accomplishments for initiating profitable business ventures, setting strategic direction and leading finance departments in renowned organizations; conducts deep competitive analysis and monitors progress to ensure completion of projects Proficient finance controller possessing competency in utilizing finest blend of business and financial knowledge, establishing mechanisms to strategically manage, streamline and strengthen financial operations to maximize profitability; expertly provides valuable input by conducting in-depth interactions with team at various levels; defines and launches new products, gathers requirement and identifies costs and time needed for implementation Meticulous & adroit team leader supports accounts teams as well as cross functional teams; influences business & industry practices by driving innovative ideas, solutions and products; adept at adjusting seamlessly to collaborate with various internal and external partners. Detail-oriented individual perceptively identifies gaps and conducts risk analysis         CORE STRENGTHS & ENABLING SKILLS Strategic Planning  Corporate Law, Taxation & Compliance  Pricing & RFQ Evaluation Support  Internal Control & Audits  Financial Feasibilities  Financial/Statutory Accounting  Credit Control Management  Risk Analysis  Oracle ERP Climax – Freight Forwards FINANCIAL SOFTWARE  Peachtree, Tally & QuickBooks  MFG Pro – Manufacturing IFRS, IAS & ISA Business Process Re-Engineering Team Leadership & Management Communication & Presentation Skills  WIMS & System 21  SAP - Basic PROFESSIONAL EXPERIENCE Burque Corporation (Pvt.) Limited, Karachi, Pakistan Working as “Branch Accounting & Credit Controller”, October 2016 – Present Responsibilities/Accomplishments: Magnificently leading branch operations, receivables management & principal claims; managing team of 4 direct managers, 68 reporters including 4 AMs, 6 supervisors and 58 Head Office & Branch Accountants; directly reporting to CFO  Prolifically identifying improvements in credit control environment through formal agreements with credit customers, finance reconciliation with customers, abnormality based reporting and actions, credit history analysis of customers and actions to block defaulter parties  Significantly participating to strengthen operational controls to reduce fraud rate by implementing specimen signatures and stamp for credit verification, monitoring branch closure timelines, exception reporting related to Cash in Office and DSR shortages and extensive training of branch accountants Major Achievements:  Designed and established effective mechanism for credit exception reporting; sales team reported for trade related and principal team for claims related  Conducted focused and extensive follow-up with 14 separate divisions to achieve reduction in exception bases trade credit from PKR 90 million to PKR 50 million and principal claims from PKR 100 million to PKR 60 million  Proficiently involved in conducting extensive claims related and trade receivable related reconciliations; identified 40 - 45% deviation worth PKR 100 million  Dynamic WorldWide Logistics Group, Karachi, Pakistan Worked as “Group Financial Controller”, December 2014 – October 2016 Responsibilities/Accomplishments:  Effectively rendered services as Group Financial Controller; directly reporting to CEO & Finance Director; identified improvement possibilities and developed solutions for complex problems by conducting detailed analysis and discussions with Finance Director; engaged with team to understand their needs and identify responsible leaders. Restructured department from entity based to functional based planning & analysis, reporting & accounting controls and tax & corporate compliance    Implemented month end reporting discipline through proper system of period closing and calendar locking, simplified ABC costing to break costs at product, branch and operational division level Designed, developed and implemented various management dashboards to present insightful information related to branches, products, operational divisions and customers’ profitability analysis, credit exceptions reporting and sales team effectiveness while monitoring and utilizing data from ERP and combining it with Excel empowerment Developed system of reporting against budget, variance analysis and feedback system to rectify actions; supported by a system of forecast analysis linked with sales pipeline reporting at commercial level Major Achievements:  Finalized 3 years rolling strategic plan with Executive Leadership Team (Sales Director, Operational Heads, Finance Director, COO and CEO) by gathering accurate facts related to revenue potential (price & volume impacts) and cost efficiencies (head counts and rental rationalization)  Completed 2 annual budgets with 100% departmental ownership related to revenue and cost targets and closely aligned to strategic plan  Initiated multiple kinds of reporting related to cash management including cash flow analysis, forecasting and budgets on daily, weekly, monthly and annual basis  Organized multi-departmental discussions to finalize benchmarks related to allowed credit exceptions and linked actual adverse performance beyond this benchmark tolerance level with various kinds of sales incentive; reduced 40% overdue ratio down to less than 10% only PROFESSIONAL QUALIFICATION Agility Logistics (Pvt.) Limited, Karachi, Pakistan  Iqra University, Karachi, Pakistan (2013) Worked as “National Manager Finance”, June 2013 – December 2014 BBA – Marketing & Sales Responsibilities/Accomplishments: Professional Certification: Efficiently performed responsibility to manage accounting operations, financial reporting and business partnering for  Certificate of “Business Communication” form IBA, Karachi, Pakistan (2014) cost & profitability analysis, related to fleet management division; directly reported to Director Finance Prepared management dashboard for monthly MIS meeting with Commercial Director, Operations Director, business team, CFO, COO & CEO Diligently oversaw month-end closing activities and reporting to sales & finance teams on national and international level. Conducted strict follow-up with credit control team regarding receivable balances Coordinated with IT team to implement improvements in maintenance and fleet management modules of internal IT based software; gathered key analytical information and prepared customized reports for operational decisions     Major Achievements:  Successfully identified new business opportunity, set strategic direction for a proposal with annual business of approximately PKR 2 billion; prepared revenue and cost estimates, analyzed investment requirement and potential ROI, conducted comparison with existing logistics/3PL business  Received appreciation for outstanding performance during this project; provided valuable insights during in-depth consultations with Agility’s Commercial Director Additional Experience:  Worked as “Financial Analysis Manager” at Olayan Financing Company, Riyadh, KSA (October 2011 – February 2012)  Worked as “Group Internal Audit Manager” at Olayan Financing Company, Riyadh, KSA (June 2009 to October 2011)  Worked as “AM Internal Audit & Risk Management” at Unilever Pakistan Limited, Karachi, Pakistan (December 2007 – June 2009)  Worked as “Professional Audit Trainee” at A.F.Ferguson & Co., Karachi, Pakistan (October 2005 – March 2007) PROFESSIONAL QUALIFICATION    Chartered Institute of Management Accountants, UK (2008 – 2010) ACMA/CGMA Association of Chartered Certified Accountants, UK (2005 – 2007) FCCA Institute of Chartered Accountants of Pakistan, Pakistan (2003 – 2005) CA Block – 3, Sharfabad, Street-10, BMCHS, Karachi, Pakistan
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