Taimur Rasheed Resume-1

TAIMUR RASHEED
Gulshan-e-Iqbal, Karachi, Pakistan

Contact No.: 0345-6433091
Email: taimur_qureshi85@hotmail.com
PROFESSIONAL SUMMARY
A result-oriented Corporate Finance Professional of around 14 years of experience with proven
abilities of budgeting, forecasting, financial reporting, accounts payable and auditing framework.
Would like to secure a challenging position where my corporate finance background, experience and
skills will contribute towards the mutual growth and success of the organization.
PROFESSIONAL EXPERIENCE
Assistant Manager Finance – Yunus Textiles Mills (April 2013 – Present)
Job Description:
 Develop, maintain, and analyze budgets, preparing periodic reports that compare budgeted
costs to actual costs of the unit assigned.
 Analyzing actual overhead costs and preparing periodic reports comparing standard costs /
budgeted cost to actual production costs.
 Nationwide CAPEX Planning and Management Reporting.
 Nationwide Fixed Overhead Expenses management through budgeting, monitoring and
benchmarking.
 Providing management with reports specifying and comparing factors affecting prices and
profitability
 Liaison between the Procurement and financial teams (Tax, Treasury, Accounts) to ensure
continuity, accuracy, and adherence to key processes
 Processing of payments to suppliers and obtaining goods and services from suppliers promptly
 Keeping track of all payments and expenditures, purchase orders and invoices
 Maintaining historical records
 Paying vendors by scheduling pay checks and ensuring payment is received for outstanding
credit
 Preparing CAPEX Payment and producing monthly reports of each department
 Monitor and control expenses related to accounts payable and ensure adherence to budgetary
constraints.
 Collaborate with IT and finance teams to ensure the effectiveness of budget reporting systems
and tools
 Collaboration with SAP team implement CAPEX and OPEX budget as per requirement
 Dynamic Forecasting activities for monthly, quarterly, half yearly and annual planning cycles
for OPEX
 Standard Cost Budget along with releasing procedures
 Management of new project feasibility
 Reporting, forecasting and budgeting for Production, Services, Opex and Capex
 Manage all MIS operations of the business
 Prepared Sales report, Customer wise Sales report and Production report for management
presentation report
 Coordinate and manage internal and external audit processes, including preparation of audit
details and supporting documentation
Manager Operations – Sanaulla Wollen Industries ( July, 2011 – March 2013)
Job Description:
 Managed all matters related to Accounts.

 Checking Cash Book.
 Look After Cash & Bank Vouchers.
 Supervise & Check all Purchases & Sales journals.
 Managed and maintained all kind of Fixed Assets records.
 Meeting with ISO, CCIC agents & checkers.
 Prepared business report and made recommendations to senior management to assist them
about the prospective and current position of the clients’ business.
 Prepared internal risk rating of the Corporate, Small and medium enterprises, and retail
clients.
Executive Officer – Feroz Textile Industries (June 2010 – June 2011)
Job Description:
• Prepared Cost Sheets Weaving, Stitching, Power Generation and Polythene Department.
• Maintained all Fixed Assets records
• Analyzed the semiannually & yearly Budgets of all Departments
• Monthly visits on concerned factory location for look after the production and assets
• Made the salary sheets & distributed in the labor of the factory
• Maintained all fueling records of every employees & Generators
• Developed strong skills of analytical work and Advance Excel/Functions
AREA OF EXPERTISE
Budgeting Financial Reporting Cost Management
Oracle Accounts Payable Forecasting
SAP CAPEX / OPEX
ACHIEVEMENTS:
• Implemented automated budget module dashboard for the management visibility.

• Making Systemize Overheads Reports in Oracle
• Systematic Online Budgeting in oracle
• Making customer wise PNL in Excel and Oracle
• Implemented SAP
EDUCATION
MBA in Finance – ILMA University (May 2008 – May 2010)
PERSONAL INFORMATION
• Date of Birth: 7th July, 1985

• CNIC: 42201-9117224-7
• Passport Number: DE9842242

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TAIMUR RASHEED

Gulshan-e-Iqbal, Karachi, Pakistan

Assistant Manager Finance – Yunus Textiles Mills (April 2013 – Present)

 Managed all matters related to Accounts.

Executive Officer – Feroz Textile Industries (June 2010 – June 2011)

Oracle Accounts Payable Forecasting

SAP CAPEX / OPEX

• Implemented automated budget module dashboard for the management visibility.

MBA in Finance – ILMA University (May 2008 – May 2010)

• Date of Birth: 7th July, 1985

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