Oracle NetSuite
Sk Monzer Ahmed
Finance Controller
Dhaka,13
Work Preference
Summary
Dynamic Finance Controller with a proven track record at Floreal Bangladesh, enhancing cash flow management and implementing robust internal controls. Skilled in variance analysis and audit coordination, I excel in fostering team development while driving financial efficiency and compliance. Committed to maximizing profitability through strategic financial oversight and risk assessment.
Finance professional poised to drive financial strategy and operational efficiency. Known for optimizing financial processes and ensuring compliance with industry regulations. Emphasizes collaborative teamwork and achieving impactful results, leveraging strong analytical and leadership skills.
Overview
22
22
years of professional experience
2
2
Languages
7
7
years of post-secondary education
Work History
Finance Controller
Floreal Bangladesh
04.2012 - Current
- Improved financial reporting accuracy by streamlining and automating data processing tasks.
- Streamlined accounts payable and receivable processes for improved efficiency, resulting in reduced outstanding debts and increased cash flow availability.
- Managed a team of finance professionals, fostering an environment of continuous improvement and professional growth.
- Developed and maintained strong relationships with banks, investors, and other financial partners to ensure optimal financing options.
- Optimized inventory management practices using advanced analytics tools for better demand forecasting and stock level optimization.
- Oversaw preparation of annual budgets, providing accurate financial guidance for key business decisions.
- Implemented robust internal controls to mitigate risks and ensure compliance with regulatory requirements.
- Evaluated investment opportunities using comprehensive financial modeling techniques to maximize returns on invested capital while minimizing risks associated with the investments made.
- Led process improvements initiatives within the finance department which resulted in increased productivity levels among staff members.
- Increased profitability, optimizing cost control measures, and expense reduction initiatives.
- Enhanced cash flow management with proactive forecasting and budgeting strategies.
- Conducted thorough risk assessments to identify potential areas of concern in company operations, providing actionable insights for risk mitigation efforts.
- Supervised accurate, efficient, and compliant completion of monthly financial reporting packages.
- Conducted regular financial performance reviews with senior management, providing valuable insights for strategic decisionmaking.
- Ensured timely submission of tax filings by maintaining up-to-date knowledge on tax regulations and working closely with external auditors.
- Followed up with delinquent accounts to obtain funds and reduce aging balances.
- Assisted in successful merger and acquisition activities by conducting comprehensive due diligence reviews.
- Collaborated with cross-functional teams to improve overall business performance through strategic financial analysis and recommendations.
- Mentored junior colleagues within the finance team, contributing to their professional growth and development.
- Simplified complex financial data for non-finance stakeholders, enabling informed decision-making across the organization.
- Reduced month-end closing time by implementing efficient reconciliation processes and procedures.
- Provided treasury and cash management by overseeing reconciliation of banking activity, credit card processing, and sales tax returns.
- Completed year-end close processes through effective supervision financial functions and regular treasury transactions.
- Accurately completed financial statement audits and thoroughly reviewed results.
- Managed budgets, assets, portfolios, accounts payable, and receivable and general financial reporting procedures.
- Mitigated risk by implementing internal controls and safeguards for revenues and expenditures.
- Worked with both internal and external users to create detailed financial reports.
- Managed daily financial functions in collaboration with accounting and payroll personnel.
- Maximized year-end tax benefits by efficiently managing cash flows.
- Projected monthly cash expenditures through efficient budgeting and detailed document reviews.
- Prepared and filed tax returns and generated monthly reports in compliance with regulatory and organizational standards.
Finance Manager
Harvest Rich Limited
06.2003 - 03.2012
- Strengthened internal controls through regular audits and adherence to regulatory requirements.
- Trained new and existing staff members in various financial procedures to prepare for job requirements.
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
- Negotiated favorable terms with vendors, resulting in significant cost savings for the company.
- Optimized cash flow with diligent monitoring of accounts receivable and payable.
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
- Developed comprehensive financial reports for executive decision-making support.
- Mentored junior finance staff, fostering professional development and strong team dynamics.
- Streamlined internal audit process, enhancing efficiency and reducing discrepancies.
- Coordinated with external auditors to ensure smooth and compliant audit process each fiscal year.
- Conducted comprehensive risk assessments to safeguard assets and ensure regulatory compliance.
- Established robust financial controls and policies, significantly reducing risk of fraud and ensuring compliance with financial regulations.
- Utilized financial software to prepare consolidated financial statements.
- Complied with established internal controls and policies.
- Supported financial director with special projects and additional job duties.
Education
Master of Commerce - Management
National University
Gazipur 04.2001 -
Bachelor of Commerce - Management
National University
Gazipur 04.2001 -
CMA - Finalist - Management Accounting
Institute of Cost & Management Accountant of Bangladesh
Dhaka Centre 07.1998 - 06.2005
Skills
Variance analysis
Internal controls
Accounting software proficiency
Debt management
Cash flow management
Audit coordination
ERP systems expertise
Working capital management
Tax compliance
Fixed assets management
Internal control management
Financial management
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Software
Tally ERP
Customize
Languages
English
Upper intermediate (B2)
Bangla
Advanced (C1)
Hindi
Intermediate (B1)
Timeline
Finance Controller
Floreal Bangladesh
04.2012 - Current
Finance Manager
Harvest Rich Limited
06.2003 - 03.2012
Master of Commerce - Management
National University
04.2001 -
Bachelor of Commerce - Management
National University
04.2001 -
CMA - Finalist - Management Accounting
Institute of Cost & Management Accountant of Bangladesh
07.1998 - 06.2005