1. Kashif Majeed
A-12, Block 13-D/1
Gulshan-e-Iqbal,
Karachi - 75300
Pakistan
Mobile Number: 0092 333 320 7134
Email: majeedkashif@ymail.com
Career Objective: To seek a position with a Progressive Organization that offers career
growth. To work in a competitive and challenging environment and
fully utilize my professional and academic skills to pursue a
challenging and rewarding career.
Professional Experience
Lotte Chemical Pakistan Limited January 2012 to date
(A Petrochemical Company)
I am currently working as an Accounts Manager and my major responsibilities include, but
are not limited to:
Statutory Reporting Foreign Reporting
Monthly Closing Internal Controls
Internal & External Audit Accounts Payables & Receivables
Inventory & Costing Fixed Assets
Budget Oracle & Value Addition
• The statutory reporting is my primary responsibility and to ensure that the
statutory accounts will be prepared in line with IFRS and as per 4th
schedule
of the Companies Ordinance, 1984.
• The Financial reporting (monthly, quarterly and annually) to the Group on the
prescribe format with comparative analysis within a specified time limit.
• Monthly closing of all the Oracle Financial Modules are the mandatory
requirement. Before start of monthly reporting, it is my responsibility to
ensure that all relevant transaction are recorded and posted in the General
Ledger Module and Trial Balance is reconciled.
2. • To establish and maintain a system of internal control and give reasonable
assurance to Head of Internal Audit that all the process flows are in line with
Sarbanes-Oxley 404 and cover the Risk and Control Matrix.
• Involve in internal and external audit process to ensure that all issues arising
out are resolved timely and satisfactorily and that final report by the auditors
will be clean. Also ensure compliance with statutory requirement of Stock
Exchanges, SECP, Companies Ordinance 1984 and other relevant laws.
• Successful operations of AP & AR in Oracle Financial Module in line with
entity business requirements and to follow and maintain the rules as
prescribe by the Sarbanes Oxley 404.
• Ensure that costing of Raw Materials and Engineering stores & spares are in
line with prescribed procedure, update the other overhead through average
cost update and record proper consumption in Oracle Financial Inventory
Module. Raw and packing materials efficiency matched with the technical
department.
• To review and ensure that the Oracle Fixed Assets module works with other
Oracle Financial modules to provide a complete set of transactions and
reports for maintaining fixed asset control.
• Collect the data from various departments for the preparation of Annual
Budget. Ensure that after BOD approval the budget entered into Oracle
Module. The other tool, customize application will show the actual
expenditure and the budgeted amount. To review and analyze the
Controllable Revenue Expenses with the budget on monthly and year to date
basis.
• The task assigned by the management to represent Finance department to
take the challenge with IT team to upgrade Oracle Application from 11i to
R12. Within the record time all the Oracle Application has been successfully
upgraded and transactions have been processed without issues.
• To review the HSE (Health Safety and Environment) audit process in relation
with RCMS procedures and guide the colleagues.
Arabian Auto Agency Company Limited October 2009 to December 2011
Madina Road, Jeddah, Kingdom of Saudi Arabia
Worked as Team Leader – Accounts Payable and my core responsibilities were:
• To control the accounts payable department processing requirement within
the zone.
• To advice the management in accordance with agreed services standards.
• Meeting and prioritizing deadlines and performance targets.
• Involved in internal and external audit processes to ensure compliance with
group and statutory requirements.
3. • Monitoring the general ledger reconciliation with supporting schedules on
monthly basis.
• Responsible for proper account coding and maintain the general ledger.
• Preparing and reconciliation of the payroll in consultation with Human
resource department.
• Maintained and reviewed the related reports of fixed assets / CWIP / Capital
expenditure and special maintenance.
• To provide coaching and support to the team.
Lotte Chemical Pakistan Limited February 2003 to September 2009
(A Petrochemical Company)
Worked as an Assistant Manager Reporting and my core responsibilities were:
• Preparation of monthly reporting overview (MRO) and reporting to
management.
• Monthly reporting to parent company through Hyperion software.
• Preparation and publication of statutory accounts.
• Involved in internal and external audit process to ensure compliance with
group and statutory requirements.
• Preparation of notes to the accounts for BOD meeting.
• Compilation of statutory accounts with detailed schedules.
• To maintain all activities of fixed assets registration in oracle financial
module.
• Proper checking of authorization and authentication of payment request
receiving from departments, scrutinizing related supports as per standard.
• To record all accruals and amortization of prepayments on timely basis.
• Prepare receipt for debtors and reconcile with treasury data.
• Run reports of invoices & payables transfer to GL on daily basis.
• Preparation of JV’s (adjusting & reversing) and other related working at each
month closing.
• Providing various Oracle AP and AR module report on need basis.
Al Mal Securities & Services Limited September 2000 to January 2003
Corporate Member Karachi Stock Exchange
4. Worked as Assistant Manager Finance & Operations and my major responsibilities
were:
• Checking of Vouchers, Ledger Posting and Computer Posting.
• Preparation of Daily Fund Position.
• Preparation of Monthly Accounts.
• Reconciliation of Banks Statements.
• Preparation of Payroll.
• To assist the Company Secretary.
• Preparation of Quarterly and Annual tax return of Advance Tax.
CDC Section
• Sorting customer queries regarding CDC, Trading & Client Accounts.
• Establish and supervise CDC backup data.
• Authorized user for “Post” Option of CDC on behalf of the Company.
Maintain book entry securities of Sub Account Holders, House portfolio,
settlements with Karachi Stock Exchange and National Clearing Company of
Pakistan Limited.
Qualification
Cost & Management Accountant
Institute of Cost & Management Accountant of Pakistan (ICMAP)
Certification/diploma, Accounting & Costing
Bachelor of Commerce
Karachi University, Pakistan
Personal Information
Date of Birth: 18 March 1972
Nationality: Pakistani
