1. Shahid Usman
Mobile:
+92–321–2094380
E-Mail:
Shahidusman2009@gmail.com
Address:
Qasim House G.Allana Road
Kharadar Karachi.
CAREEROBJECTIVE
Seeking a challenging position in which I can use my education and experience towards the growth & development of organization
and my career. I am confident that with my experience and aspirations, I will be able to accept and conquer any challenge set forth.
EDUCATION – PROFESSIONAL AND ACADEMIC EDUCATION
Particulars Institute Status/Year
Chartered Accountant
Institute of Chartered Accountants of
Pakistan 2016
M.A. Economics University of Karachi–Pakistan 2012
Bachelors in Commerce University of Karachi–Pakistan 2000
EXPERIENCE ( From May 2008 to date (7 Years) )
National Foods Limited (www.nfoods.com) January 2012 to-date
Position: Cost Accountant / Business Partner Payable and Fixed Assets. ERP used: SAP
During working in National Foods LTD, I have worked in following area of finance.
Costing
 Perform costing of materials including cost and margin variance and run Material Ledger (ML) on monthly basis for
costing.
 Using and Maintaining CO-PA (costing based profitability analysis) SAP module Cycles for Management Accounts.
 Prepare working for NRV and slow moving stock provisions on quarterly basis to reflect correct value of inventory in
quarterly accounts.
 Performing all the closing related activities including pre-checks, completeness of provisions / accruals, execution of
allocation of overheads and material ledger closing.
 Perform analysis in terms of Material price variance, Material usage variance – circulation of material wastage reports
and discussing the same with Business Unit Manager operational overheads variance v/s last month & budget /
forecast.
 Material rates trend history and forecast.
Payable / Fixed Assets
 Lead the payable team of 05 personnel.
 Responsible for all payable and fixed assets functions. (Payment process in compliance with Sales Tax and Income
tax rules (FBR and SRB) with regards to withholding of taxes and to claim input tax and to ensure whether vendor is
active or not on FBR/SRB portal and is registered or not and the tax rate is correct.
 Monitoring and Controlling CAPEX budget and managed Fixed Assets Register (Addition, Deletion, Transfer of fixed
assets between cost centers ,monthly depreciation run)
 Preparing working capital ratio on monthly basis after necessary adjustment in the GL TB, Vendor TB and Customer
TB extracted from SAP for bank and stakeholders.
 Taking and maintaining record of monthly provision and accruals.
 Involved in preparation of financial statement notes relating to the fixed assets and liabilities.
 Coordinating with external and internal auditor.
 Liason with IT Department to develop reports in SAP to improve efficiency and reducing errors
 Supervise the sales accounting: Pricing, Trade/Retail price & discount up-dation, discount verification.
Achievement.
 Won the 2nd
position in whole finance for annual performance review in year 2013-14 for implementing control

2. EXPERIENCE (Cont.)
BDO Ebrahim & Co. (Chartered Accountants) May 2008 to Nov 2011
Position: Auditor (ERP system during audit)
Performed Audit of following major clients:
 Financial Institution
(United Bank Limited)–(Rozgar Micro Finance Bank)—(First Dawood Mutual Fund)—(Safe Way Fund)—(East West
Insurance)
 Manufacturing
(Century Papers and Board Mills Limited)—(Sind Fine Textile Mills Limited)—(Chemi Visco Fibre Limited)
 Others
(Karachi Club)—(Bearing point (Pvt) Ltd)–(Institute of Chartered Accountant of Pakistan)—(Pakistan Currency and
Exchange (Pvt) Ltd).—(Cyber Internet (Pvt) Ltd)—(Marie Stopes Society).
ACHEIVMENTS
 IJARAH CHANGE OVER: Corrected accounting records of IJARAH based motor vehicles recorded in the system which was
adjusted at each reporting period by auditors in system, which I have corrected by correcting IJARAH vehicles from SAP.
 DOWN PAYMENT REQUEST SYSTEM: Implemented Down Payment Request in SAP in coordination with team from
various functions.
 SPLITTING OF SHARES: Involved with financial controller and company secretary in splitting of NFL’s shares.
 CORPORATE MATTERS: Handle the corporate matters in the absence of Assistant Manager Liaison.
 SAP BASED REPORTS: Took initiative and developed various system generated reports (SAP based) in consultation with IT
team
 PAYMENT PROCESS: Designed, developed and implemented SOP for timely payment to vendors.
 FIXED ASSETS POLICIES AND PROCEDURES: Developed and implemented fixed assets manual.
Other Skills
Computer Skills Workshops Interpersonal Skills
 Good knowledge of
MS Excel and have the
ability to manage
large databases.
 Have good experience
to work difference
accounting software.
(ERP SAP)
 Workshop of Team Building.
 Workshop of Attitude Communication
Teamwork and customer orientation.
 Workshop on Innovate your Future.
 Workshop on Entrepreneurial Spirit and
Strategic thinking by Rameez Allahwala (Octara)
 Workshop of Sales Tax.
 Problem-Solving
 Planning / Organizing
 Communication,
Interpersonal abilities &
Team work
 Hard worker
 Self –Confidence
 Leadership
Reference Availability
Name Shahid
Father Name Usman
Date of birth 26-08-1976
Nationality Pakistani