1. ARSHAD BAIG
Cell : 00 971 52 6226193 / +971 56 415 6540 / 00 92 323 8148143
Email : cma_baig@live.com
Skype ID : arshad.baig90
PROFESSIONAL SUMMARY
• A highly motivated professional Management Accountant with 18 years of exceptional track record and a
diversified exposure working for Gourmet Foods FZC, Thal Engineering Pvt. Ltd (Pakistan), Shan Foods
Pvt. Ltd (Pakistan), Pepsi Cola International (Dubai), Macter International (Pakistan), Savola Panda
(Saudi Arabia) & Philips Electrical Industries (Pakistan).
• An extensive exposure and expertise in Financial Reporting, Financial Planning, Strategic Business
Plans, Project feasibilities, Budgetary Controls, Variance Analysis, Product Costing and operational
Accounting.
• Highly equipped with Financial Modeling, Project Management skills in Implementation of ERP’s, Zero
Based Budgeting and Activity based costing.
• Demonstrate skills in Business process documentation, Accounting Manual and Authority Limit manual
• Ambitious, assertive and highly motivated with an excellent business sense and high level of
initiative as evidenced by a professional background that exhibits growth and progression.
• MBA Finance (USA), Certified Financial Consultant (Canada), ICMAP (Finalist), Associate Member of
Public Finance Accounts and Bachelor of Commerce.
WORK EXPERIENCE
Gourmet Foods FZC, Sharjah, UAE 2014 – To-Date
Financial Controller
• Responsible for ensuring that all accounting allocations are appropriately made and documented.
• Responsible to perform cash management functions and oversee accounts payable, accounts
receivable, cash disbursements, and payroll and bank reconciliation functions.
• Responsible for establishing and executing internal controls over the company’s accounting and
financial procedures. This includes reviewing and approving all purchase orders and invoices to
be paid, as well as reviewing accounts receivable aging reports.
• Responsible for all banking and finance activities. This includes negotiating lines of credit and
vendor agreements, as well as reviewing all financial contracts, financing agreements and
insurance policies.
• Responsible for providing accurate and comprehensive financial information to executive
management for long-term financial strategizing. Financial reporting duties include preparing
financial statements, balance sheets, cash flow reports, budgets, budget-to-actuals and financial
projections.
• Responsible for timely audited of financial statements and renewal of Trade licenses.
• Responsible for the Implementation of Microsoft Dynamics XT.
• Responsible to finalize the Product pricing and pricing strategy.
• Responsible for Effective Management of working capital requirements and Cash flows
management to meet cash operational requirements.
1
2. Thal Engineering Pvt. Ltd, Karachi, Pakistan 2010 - 2013
Sr. Manager Finance
• Managing and supervising Monthly Financial Closing
• Responsible for preparation of Budgets, Business strategic Plans and Variance reporting
• Responsible for Working Capital Management and Cash Flow Forecast
• Managing and Supervising Product Costing
• Managing and supervising Inventories
• Liaison with suppliers and distributors
• Managing and Supervising Account Receivable and Account Payable section
• Responsible to develop control procedures and system development
Shan Foods Pvt. Ltd., Karachi, Pakistan 2008 - 2010
Manager Planning and Reporting
• Managing and supervising Monthly Financial Closing
• Responsible for preparation of Budgets, Business strategic Plans and Variance reporting
• Responsible for Working Capital Management and Cash Flow forecast
• Managing and Supervising Product Costing
• Team leader for implementation of Activity based costing
• Managing and supervising Inventories
• Liaison with suppliers and distributors
• Managing and Supervising Account Receivable and Payable sections
Pepsi Cola International Ltd. MEA, Dubaï, UAE 2007 - 2008
Financial Analyst
• Responsible for Monthly Financial Reporting along with variance analysis of FS and to manage
all aspects of the general ledger.
• Responsible to assist in the preparation of annual budgets, projected actual, and variances cause of
changes and heads up to management on potential over-runs.
• Responsible for Inter-Company transactions and settlements.
• Responsible for all H.O payments including marketing related payments process through shared
service center in Ireland.
• Responsible for Liaison with Banks and potential regional suppliers.
Pepsi Cola International, Lahore, Pakistan 2006 - 2007
Accounts Manager (Beverage Division)
• Managing and supervising Monthly Financial Closing.
• Managing and supervising Account payable section
• Assist in the preparation of annual budgets, projected actual, and variances cause of change, and
heads up to management on potential over-runs.
• Manage all aspects of the general ledger, receivables / payables; review all invoices for compliance
and accounting, inter-company transactions, and producing month-end reports needed by the
management.
Pepsi Cola International Pvt. Ltd., Lahore, Pakistan 2005 - 2006
Financial Consultant (Frito Lays Division)
• Preparation of Financial Planning for Frito Lay Division, Which includes Monthly P&L Flash
2
3. Reports, Quarterly Forecast, AOP (Annual operating Plan) and five years Plans.
• Monthly Financial Reporting and Analysis for Region Head Quarter Reporting.
• Supervising Banking operations include fund Management.
• Responsible for Agro Controls and Financial operation matters of Agro.
• Supervising Accounts Payable for Pakistan, Central Asia & Iran.
• Responsible for Sales order Management and Receivable Management Process.
• Responsible for Sales Tax Returns.
• Responsible for maintenance of Income Tax Records.
• Responsible for Stock Accounting and Valuation.
Macter International (Pvt.) Ltd., Karachi, Pakistan 2003 - 2005
Manager Planning & Controls
• Develop and Implement Standard Costing system and procedures.
• Develop and implement Activity Based Costing System.
• Implementation of Budgeting Procedure
• Designing and Implement Cost Centers work center concepts
• Designing and Implement new reporting structure
• Develop and Implementation of Segment Reporting
• Project Manager ERP (Scala) Implementation.
Savola Group (Aziza Panda Unit), Jeddah, Saudi Arabia 2002 - 2003
Financial Analyst
• Preparation of projected P&L statement and Balance Sheet
• Balance sheet review at each month end
• Feasibility reports for opening and closing of new stores
• Preparation of Business Balance Score Card
• Fixed Assets Analysis and Reporting
• Analysis of P&L and Balance sheet
Philips Electrical Industries, Karachi, Pakistan 1995 - 2002
Manager Finance and Accounts
• Costing Conventional
• Costing Activity Based
• Budgeting and Forecasting
• Finalization of Accounts (Profit and Loss Statement and Balance sheet)
• Supervision of yearly Audit of Financial statements
• Supervising Accounts Payable (Local and Foreign)
• Maintenance of General Ledger
• Managing and supervising Manufacturing accounting with preparation of Manufacturing
Results.
• Manage and supervise General accounting
PROFESSIONAL QUALIFICATION
• Certified Financial Consultant (Canada)
• ICMAP Finalist (Institute of Cost and Management Accountant Of Pak)
• Associate Member of Public Finance Accounts (APA)
ACADEMIC QUALIFICATION
MBA Hemingford University - USA
B.Com Karachi University
3
4. PROFESSIONAL TRAININGS
• Finance, Logistics and Accounting Training in Hong Kong organized by
Philips Hong Kong
• “Skills in Administration” Training from Pakistan Institute of Management.
• Philips Quality Award training conducted by APR in Pakistan.
• Marketing / Supply Chain Management / ISO 9000 in Karachi organized by
Philips Pakistan.
• Hyperion Software training in Dubai Organized by PepsiCo.
• Total Economic System training organized by PepsiCo Dubai HQ.
SOFTWARE SKILLS
• Project Manager for the Implementation Microsoft Dynamic XT 2012.
• Project Manager for the Implementation of Iscala and Oracle Financials
• SAP (FICO) as a Power User
• Sun Synergy Systems
• JDEdwards in AS-400 in Environment.
• Hyperion / Comar
• MS Word, MS Excel. MS Power point
4