Study and analyse historical cases on Strategic Management decisions
Abbas Azmat
Finance And Accounts
Huddersfield
Summary
With over 17+ years of extensive hands-on experience since August 2008, I have developed a strong expertise in Finance & Accounting, Management, Internal Audit, Budgeting, Taxation, and Banking. I have successfully managed and supported the financial operations of multiple companies simultaneously, ensuring efficient financial processes and compliance. Key strengths include: Comprehensive financial management, including budgeting, reporting, and analysis. Proficient in internal audit processes, risk management, and financial compliance. Extensive experience in corporate taxation and navigating complex regulatory environments. Strong leadership and interpersonal skills, with a proven ability to motivate, mentor, and train team members. Excellent communication and managerial capabilities, with a track record of managing cross-functional teams and driving business results.
Overview
17
17
years of professional experience
6
6
Certifications
3
3
Languages
Work History
Finance Officer
Sincere Accounting Limited
06.2025 - Current
- Monitor budgets, expenditures, and variances against forecasts.
- Maintain accurate records of all financial transactions.
- Manage accounts payable and receivable processes.
- Reconcile bank statements and company accounts.
- Prepare weekly performance reports.
- Analyze financial data to identify risks, trends, and opportunities.
- Provide financial insights to support management decision-making.
- Collaborate with other departments to manage financial needs.
- Train and guide junior finance staff when required.
Assistant Manager Budget and Control
Samsons Group Of Companies - Tobacco division
06.2022 - 06.2025
- Managed the verification and approval process for claims across three Tobacco Business Units, ensuring accuracy and compliance with company policies.
- Designed and executed work plans for both office and field audit teams, ensuring alignment with organizational goals and timely completion of audit activities.
- Conducted internal audits and established internal control mechanisms to monitor and safeguard ongoing business activities, ensuring compliance with financial regulations and industry standards.
- Verified the accuracy and validity of marketing plans and promotional schemes, ensuring they were in line with business objectives and regulatory requirements.
- Performed detailed costing of tobacco manufacturing processes and conducted expense-wise analysis to identify cost-saving opportunities and improve operational efficiency.
- Calculated and managed employee incentives, ensuring timely and accurate disbursement of funds according to performance metrics.
- Developed flexible budgets for nationwide business plans, allowing for adjustments based on market conditions and ensuring optimal resource allocation.
Assistant Manager System Credit Compliance
Waves Plus (Formerly Singer Plus)
05.2022 - 06.2022
- Provided daily reports to management on key financial metrics such as collections, recovery, and arrears, ensuring senior leadership was informed of financial performance and trends.
- Collaborated with Area Managers to facilitate recovery follow-ups, ensuring timely and efficient collection efforts while maintaining strong customer relationships.
- Oversaw the monitoring of partial receipts, delinquencies, and reversals, and managed customer credit approvals to mitigate financial risk and ensure accurate records.
- Set and tracked recovery targets for the team, ensuring alignment with organizational goals and driving performance to meet collection objectives.
- Handled commission calculations for both field and office staff, ensuring accurate and timely payments based on performance metrics and company policies.
- Played a key role in managing bad debts by developing strategies and Standard Operating Procedures (SOPs) to minimize risk and optimize debt recovery.
- Executed any additional tasks assigned by management, demonstrating flexibility and a proactive approach to meeting the company's financial and operational needs.
Assistant Manager Finance and Accounts
Siddiq Farms
09.2021 - 05.2022
- Prepared financial reports for management and processed month-end journal entries, reconciliations (bank, supplier, customer), and accruals.
- Oversaw bank, supplier, and customer reconciliations, monitored invoicing, payments, and recovery, and managed payable aging and payroll processes.
- Developed financial reports in Xero, updated existing reports, and provided support for Dairy-customized software issues.
- Supported internal and external audits, maintained financial records for audit purposes, and ensured compliance with financial policies.
- Contributed to the creation and revision of financial policies, procedures, and SOPs.
- Managed month-end payroll reconciliation, including employee benefits (PF, EOBI, insurance) and headcount changes.
- Provided training to staff and offered ongoing support to resolve finance-related queries.
Accounts and Finance Executive
SRC (PVT) Limited
10.2016 - 08.2021
- Produced accurate and timely financial reports, ensuring deadlines were met for monthly, quarterly, and year-end closes.
- Led budgeting and forecasting processes with periodic controls to ensure financial goals were met and resources allocated effectively.
- Managed funds and treasury operations, ensuring optimal cash flow and financial liquidity.
- Contributed to system development to improve operational efficiency and financial reporting accuracy.
- Monitored invoicing, payments, and recovery processes to maintain financial stability.
- Acted as Assistant Manager for two years, leading and supervising the finance team to meet business objectives.
- Liaised with banks, handling all Islamic banking matters and ensuring compliance with relevant financial regulations.
- Prepared and submitted various financial reports as per the Director's requirements.
- Worked closely with the Controller to ensure clean and timely quarterly and year-end audits.
- Implemented ERP system by taking parallel to the old system and trained the staff.
Plant Accountant
Nuts and Legumes
01.2016 - 10.2016
- Oversaw plant operations, ensuring efficient management of resources and processes.
- Managed cost control initiatives and developed budgets to optimize plant expenditure and improve financial performance.
- Handled plant accounting activities, ensuring accurate financial records and reporting.
- Conducted regular stock counts to ensure inventory accuracy and minimize discrepancies.
- Analyzed selling prices against production costs to assess profitability and pricing strategy.
Finance and Accounts Officer
Clariant Chemical Pakistan (PVT) Limited
12.2011 - 01.2016
- Produced accurate financial reports within set deadlines, supporting audit activities and ensuring compliance.
- Finalized branch collections, payments, and consolidated financial statements for multiple branches.
- Managed vendor, customer, and bank reconciliations to ensure accuracy in financial records.
- Conducted cold calls and follow-ups for recovery, meeting recovery targets and analyzing receivables aging.
- Oversaw customer invoicing and dispatch processes, ensuring timely and accurate deliveries.
- Conducted stock valuations and internal audits, coordinating with external audit teams for accuracy.
- Supervised contracts, employee management, and site-related matters, ensuring compliance with company policies.
- Supervised procurement activities, including scrap sales and by-products, to optimize profitability.
- Contributed to safety initiatives as part of the company's safety team, ensuring adherence to safety standards.
Assistant Accountant
The Institute of Legal Studies
08.2008 - 12.2011
- Produced accurate financial reports on schedule, supporting audits and ensuring compliance.
- Managed the collection of fees, ensuring timely and accurate processing.
- Performed bank reconciliations and managed cash flow to ensure financial stability.
- Oversaw voucher processing and approval for financial transactions.
- Coordinated with teachers regarding salaries, allowances, and incentives, ensuring timely and accurate payments.
- Facilitated communication and coordination with students and teachers on various academic and administrative matters.
- Managed attendance registers and communicated key announcements to staff and students.
- Organized and coordinated events, ensuring smooth execution and adherence to timelines.
Education
Master of Science - International Business
04.2001 -
Cost And Management Accountant -
04.2001 -
7 exams remaining
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08.2023
GPA: CGPA 3.45
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08.2008
(1006/1500 Marks)
Skills
ERP System Implementation
Accomplishments
- ERP System Implementation: Led successful ERP system adoption, training 70+ employees and enhancing company-wide data consistency.
- Cost Reduction Initiative: Identified and executed strategic cost-saving measures, resulting in a 20% operational cost reduction.
Certification
Mastering in Excel and Power BI Institute of Business & Professional Development 02/2022 Proficient in Excel and Power BI, with strong skills in data analysis, visualization, and dashboard creation to drive insights and support strategic decision-making.
Interests
Powerful implementations and tactful strategies
Playing Chess
Reading Motivational Books and stories, Learning new leadership and management skills
Timeline
Finance Officer - Sincere Accounting Limited
06.2025 - Current
Assistant Manager Budget and Control - Samsons Group Of Companies - Tobacco division
06.2022 - 06.2025
Assistant Manager System Credit Compliance - Waves Plus (Formerly Singer Plus)
05.2022 - 06.2022
Mastering in Excel and Power BI Institute of Business & Professional Development 02/2022 Proficient in Excel and Power BI, with strong skills in data analysis, visualization, and dashboard creation to drive insights and support strategic decision-making.
02-2022
Xero Accounting Software Proficiency Xero Central 12/2021 Skilled and certified in Xero software implementation and advisor.
12-2021
Mini MBA International Business Management Institute 12/2021 Distance based completion of Mini MBA program, gaining foundational knowledge in business strategy, finance, marketing, and management to enhance strategic decision-making and leadership skills.
12-2021
Microsoft Excel 2019/365 Earn and Excel 10/2021 Completed Advanced Excel Training, developing expertise in complex functions, data analysis, pivot tables, and automation techniques to optimize data management and reporting.
10-2021
Assistant Manager Finance and Accounts - Siddiq Farms
09.2021 - 05.2022
Advanced Excel Training CEO Club Pakistan 11/2019 Completed Advanced Excel Training, developing expertise in complex functions, data analysis, pivot tables, and automation techniques to optimize data management and reporting.
11-2019
Emergency Response and Preparedness Pak Safety Solutions 03/2018 Skilled in developing emergency protocols, conducting safety drills, and coordinating evacuations. Certified in CPR and First Aid.
03-2018
Accounts and Finance Executive - SRC (PVT) Limited
10.2016 - 08.2021
Plant Accountant - Nuts and Legumes
01.2016 - 10.2016
Finance and Accounts Officer - Clariant Chemical Pakistan (PVT) Limited
12.2011 - 01.2016
Assistant Accountant - The Institute of Legal Studies
08.2008 - 12.2011
University of Huddersfield - Master of Science, International Business
04.2001 -
Institute of Cost And Management Accountants of Pakistan - Cost And Management Accountant,
04.2001 -
National College of Business Administration and Economics - ,
University of the Punjab - ,
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