Muhammad Riaz resume

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MUHAMMAD RIAZ
Mobile: +971-56-9743796 | Email: muhammadriaz967@gmail.com| Skype ID: mriazkhan3
CAREER SUMMARY
Associate Certified Charted Accountant, UK (ACCA) (2016) and graduated MBA (Finance) (2010) with from
Pakistan with a well-diversified experience in financial accounting & reporting and Finance & treasury
management.
Experience of working in Public Limited Companies (listed companies) and Private Companies based in
Pakistan. Proven interpersonal skills and ability to work independently as well as performing as team member
with a degree of mature judgment and tact in handling issues of sensitive nature. Ability to exercise
professional skepticism when handling issues of sensitive nature. Ability to think analytical when solving
complex problem.
More than seven years of working experience collectively. Now currently working as Treasury Accountant in
Khidmah LLC (subsidiary of Aldar properties PJSC) before that worked for Colony Textiles Mills Limited as
Deputy Manger Finance & treasury that is the largest manufacturing unit of yarn and fabric in Pakistan. I also
worked in Nagina Group of Companies as Assistant Manger Finance and Treasury, which involve in textiles
sector, real estate sector and having a public listing on stock exchange all across Pakistan. I have started my
career as Accountant in HAJI SONS, which involve in trading of agricultural seeds and provide drip aggregation
system in Pakistan.
PROFESSIONAL EXPERIENCE
Treasury Accountant. Khidmah LLC (subsidiary of Aldar properties PJSC)
1. Handling all Bank guarantees. i.e Tender guarantees, Performance bond/ Advance payment guarantees.
2. Renewal of All short term Funded and No funded lines.
3. Verification of Monthly property management fee calculation and invoices to their respective clients.
4. Verification of SD refunds to the tenant.
5. Preparation of SAP Bank Reconciliation.
6. Preparation of GL clearing Accounts & intercompany Reconciliations.
7. Coordination with third party auditor and external auditor.
8. Coordination with property coordinators regarding receipts & reversal issues.
9. Adhoc requirements of Financial Controller regarding MIS.
10. To manage cash related transactions through Trans guard.
11. To maintain the integrity of treasury records and documentations.
12. To ensure all bank transactions are correctly recorded and reported

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13. To assist in ad-hoc VAT functions in SAP.
14. To help coordinate in the month-end closing; prepare and analyze Trial Balance schedules; and do any
other ad-hoc analysis from time to time
15. Processing of payments to suppliers, corporate credit cards, petty cash, and staff payments.
16. Processing corporate credit card applications, cancellations, and handling all related queries
17. Maintaining bank documents and monitoring bank account movements including, but not limited to
fund transfers and pooling of funds
18. Daily coordination with banks
19. Assist in monthly bank reconciliation to resolve any differences in a timely manner
20. Other Treasury ad-hoc tasks General Ledger
21. Input and ensure the accuracy of the general ledger bookings and analysis of movement of accounts.
22. Booking of accruals and other adjusting entries in coordination with project coordinators.
23. Participate in internal and external audit by providing the required information for Treasury and
implementing recommendations, if any.
Deputy Manager Finance & Treasury (Sep 2015 to Oct 2016)
I worked at Colony Textile Mills Limited a company of Colony Group with 419 latest air jet looms and 204,080
spindles, having turn over more than Rs 22.00 Billion. I was directly reporting to Director Finance. My role and
responsibilities include:
1. Prepare management accounts (monthly, interim and annual) of the company and conduct variance
analysis on them.
2. Ensuring transactions are correctly recognized in general ledger as per the accounting principles.
3. Conducting variance analysis on the financial statements with reasons for variance.
4. Financial Statements compliance according to applicable IFRS and IAS’s.
5. Responsible for working capital, hedging for exports/imports and treasury management.
6. Negotiating with banks (Islamic & conventional) for approval of Credit Limits and other matters of the
company.
7. Preparations of projections and financial models.
8. Handle requisite documentation and security perfection exercises required w.r.to financing facilities for
financial institutions.
9. Analysis of Financial statements for working capital and term financing needs for preparation of
financing proposals.
10. Undertook capital investment appraisals for group companies.
11. Preparation Pro Forma Financials/ Projections for banks/ N.B.F.I.’s,
12. Handling Import of plant & machinery of group companies and arranging offshore
refinancing/discounting of usance LC’s for group companies.
13. Letter of Credit for Raw Material & Technical Import costing.
14. Successfully negotiated funded/ Non-funded financing facilities for group companies with different
banks/ financial institutions.
15. Pledge De-pledge of raw material and finished goods according to requirement of production and sales.
16. Dealing with Macadam companies for all matters related to stocks pledge.
17. Arrangement of joint inspections as per requirements of the banks.
18. Dealing with the insurance matters of raw material, finished good, stock in transit and machinery
according to requirement of financial institutions.
19. To maintain the trading portfolio of directors and pledge de- pledge of shares from the banks.

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20. Issuance of bank guarantees for various departments S.N.G.P.L, WAPDA, Excise and Taxation.
21. Filling of documents to SECP, registration of charge, Form 29, Form A, JPP agreement on current and
fixed assets of the company.
22. Restructuring re- profiling of financing facilities.
23. Dealing with the valuator for the valuation of stock, land, building plant and machinery.
24. Managing DTRE section completely (Approval, Audit and Compliance with performance)
Assistant Manager Finance & Treasury (Jun 2011 to Sep 2015)
I worked at NAGINA GROUP OF COMPANIES, which consist of three Listed Companies (Ellcot, Prosperity and
Nagina Cotton) on Pakistan, Karachi and Lahore Stock Exchanges. Furthermore, five Associated (Pvt)
Companies, which involve in real estate development and general trading. My role and responsibilities include:
1. Managing working Capital lines and ensure all terms, conditions and clauses of FOL is acceptable.
2. Inspect Legal document containing letter of hypothecation, demand promissory note, agreements for
financing and various undertakings.
3. Prepare report regarding Legal documents and FOL and present to CFO.
4. Verify markup working prepared by accounts dept for quarterly payments.
5. Update daily Liquidity report and present to CFO.
6. Prepare request to Banks for renewal of short-term facilities.
7. Daily update KIBOR and LIBOR in excel and update graphs.
8. Read forms for modification and perfection of Charge of Bank on current assets and fixed assets.
9. Negotiate with lawyer for their services regarding perfection of charge and other services.
10. Prepare feasibility report for new projects or enhancement of existing projects.
11. Prepare case for new long-term loans.
12. Prepare Projections for new long terms loans.
13. Prepare schedule of long-term repayment charts.
14. Advice bank to commercial dept for LC according to commission charges and cushions availability in LC
Limit.
15. Best negotiate rate with bank treasury for retirement of LC.
16. Best negotiate rate for Forward Booking Agreements.
17. Discount the LC in case of export realization and update in liquidity report.
18. Verify Local bill discounting for local proceeds.
19. Make relationships with banks unit heads and relationship managers and negotiate O/D rates and
discounting rates.
20. Maintain records of shipping guarantees and loan guarantees.
21. Apply for subsidies i.e. LTFF, EOP & TUF to state bank of Pakistan for relief.
Accountant (Sep 2010 to May 2011)
I worked at HAJI SONS, which involve in trading of agricultural seeds and provide drip aggregation system. I am
working as Accountant and directly reporting to Manager Accounts. My role and responsibilities include:
 Accounts Payable:
1. Made payments to supplies and withheld the amount as per withholding tax rate in Adv. and GRN
based.
2. Verify bank payment voucher with P.O, Invoice, GRN & IGP and attached supplier ledger with payment
voucher.
3. Enter all expenses in different heads of accounts through Journal Voucher, Allocate cost center to each
expenses in QUICK BOOKS
4. Make quarterly markup payment of different long term and short-term loan facilities.
5. Maintaining Provident Fund & give, Final Accounts of P.F to Manager Accounts for audit purpose.

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6. Record contributions on behalf of Employees & Employer, Mark up Working and Loan deduction into
Provident Fund Software.
7. Make Bank Reconciliation Statement
8. Prepare all types of INSURANCE schedules including Marine insurance, Fire insurance, Health
insurance & Vehicle insurance and Quick Books insurance.
 Accounts Receivable:
1. To reconcile ledgers with the distributors to identify and to resolve any discrepancy.
2. Recording of collection from customers and its invoice wise clearing.
3. Enter Sales Tax Invoices, Delivery challans, Bank receipt vouchers and posting in QUICK BOOKS
4. Posting of the sales tax withheld and income tax deduction to party ledger.
5. Provide sales tax withheld and income tax deduction certificate to Tax Department for timely claim in
Tax Returns.
6. Verifying & posting of discount as per the company policy on promotion basis.
EDUCATIONAL QUALIFICATION
Associate Certified Chartered Accountant (ACCA) Member (2011-2016)
MBA (Finance) COMSATS Institute of information & Technology, PAKISTAN (2008-2010)
B.COM (IT) University of the Punjab (2006-2008)
PROFESSIONAL SKILLS
 Strong Knowledge of IFRS and IAS
 Treasury & FOREX Management
 Business Analysis
 Financial Planning, Analysis and reporting
 Risk Management / Hedging
 Internal controls
 Budgeting and forecasting
 Projection for loans
 Liquidity Management
 Profit and Loss Statements
 Taxation (DTRE in Pakistan)
 Variance Analysis
 Leadership, Teamwork
 Good Communication
SOFTWARE & IT EXPERTISE
 Established skill and proved attitude for Microsoft office application.
 Worked on MS Excel using VLOOKUP, PMT etc. Pivot Tables
 Familiarity and working on accounting software i.e. SAP FICO, Oracle R12, Microsoft GP
Dynamics, Quick books, Peach-tree and Tally.
PERSONAL INFORMATION
Date of Birth: November 11, 1988
Material Status: Married
Religion: Islam
Nationality: Pakistani
Languages: English, Urdu, Punjabi
Address: Villa No. 249 Muhammad Bin Zyed Abu Dhabi.