Managing Accounts Receivable and Payable of Pfizer Pakistan Ltd.


Managing Organization O2C, P2P and then R2R with core receivable and payable cycle, Analysis with auditing of customer and vendors transactions their sales, payments, returns, withholding tax, general sales tax and their compliance. Co-ordinating with customer and vendors to resolving hurdles arising during financial services and finally reporting to Financial controller their impact on financial statement, also clearing issues with external auditor with co-ordination of Financial Controller & Director Finance and then reconcile with finalization.
·       Review Customer’s and Vendor’s ledger maintained by system.
·       Review Reconciliation of AP and AR Processing.
·       Identify system and human error in reports & ledger then report to Financial controller on every month.
·       Made policies, procedure and new amendments with management to control future issues.
·       Review Customer’s and Vendor’s monthly aging report generated by system, identify issues and report to Financial controller for adjustments.
·       Review Credit notes and Debit Notes then process as per compliance & agreements.
·       Negotiate with Customers and suppliers to resolving issues and discuss company’s operational compliance.
·       Negotiate with Company’s operation to resolving issues and implement policy with the approval of their head.
·       Review Stock return by customers due to expiry and shelf life as per compliance and agreements.
·       Daily negotiation with Globally Financial Services- Pfizer China for Adjustments occurred due to any error or changes in organization system.
·       Negotiate with Tax department related to WHT and GST.
·       Assist senior in Product pricing, identify error then discuss with Financial controller. 
·       Support Accounts Receivable Clerks and train new team members.
·       Assist Financial Controller in making of Financial statement.
·       Approve payment to HCPs and others on procurement module after verification with Procurement compliance.
·       Discuss issues with Company secretary and GM marketing, arising due to non-compliance on procurement module.
·       Stay updated on industry and legislative changes.
·       Reviews accounts payable documents prepared by subordinates for accuracy, completeness and conformance to policy then authorizes for payment.
·       Creates and implements changes to work assignments, methods, or procedures to meet operational needs, improve accuracy and efficiency of the system.
·       Recommends modifications to existing system and implements modifications through coordination with all units in presence of Financial controller & Director Finance in organization system.
·       Negotiate with Company’s Internal Auditors (EY), discussion and implementation.
·       Negotiate with Company’s External Auditors (KPMG), completing their requirements, dealing verbally or non-verbally, and auditors’ satisfaction to maintain organization’s credibility.
·       Create and manage effective action plans in response to audit discoveries and compliance violations.
·       Advise company operation or related force to follow the laws and regulations that implement on customer and vendors.


Using of IFRS and US GAAP.
Protect client’s value by keeping information confidential.

Managing organization performance reports related to Key performance indicator, Departmental position with expectation, daily Sales dashboard and Profitability of overall organization with identify errors, changes and making reports systemic.


Assist to Deputy Manager Costing and Budgeting.
Monthly Departmental Revenue variances.
Preparing Key Performance indicator of department by comparison of credit sales with collection, purchase of capex or non-capex with payments & consumptions.
Preparing monthly departmental profitability report that shows overall profit and breakup in all departments.
Assist in making of GAP Analysis (Capacity Utilization) of each department separately.
Deeply involved in making of Company’s Yearly Budgets including Revenue, Capex, Manpower and Projected Profit & Loss and create changes after negotiation.
Make Detail Department Wise Revenue Variance of each department separately and email to their HOD’s on Monthly basis and report their feedback to DM.
Assist in process of annual and occasionally cost review of services and procedures.
Made Feasibility of new projects & services.
Assist DM in critical analysis of daily dashboard of sales of relevant services
Assist to Deputy General Manager Finance.
Implement accounting software for AR Processing with the help of company’s I.T department.
Implement separate systematic Aging for Corporate client.
Assist to DGM Finance in making of Financial statements including P&L , Balance sheet and Cash flows.
Involve in Organization’s day to day amendments.
Co-ordinate with internal auditor (Deloitte).
Co-ordinate with external auditors (KPMG) regarding operations.
Payment or Cheques verification to suppliers. 

Provident Fund audit of UDL ltd and IBL(Searle pharma ltd) and
AR processing of MMIH