Muhammad Saad

• Set up and led the Accounts and Finance department from the ground up, creating policies and procedures that streamlined financial reporting and budgeting processes
• Performed banking, business administration and financial tasks to guarantee five-star service for clients.
• Improved overall financial reporting by streamlining control processes and reporting structures.
• Implemented and regularly reviewed financial controls to generate accurate and reliable financial data.
• Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
• Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
• Conducted financial analysis and provided recommendations to management for key business decisions
• Supervised the month-end/year-end close process, including reconciliations, journal entries, and financial reporting
• Collaborated with external auditors to ensure compliance with accounting standards and regulations
• Developed, and implemented internal controls and accounting policies across portfolio companies to improve accuracy and efficiency
• Led budgeting and forecasting process and provided variance analysis against actual results
• Managed relationships with banks, investors, and other stakeholders
• Managed US and Pakistan taxation ensuring compliance with local regulations and minimizing tax liabilities
• US Yearly Financials for CPA Audit and Filing Tax Returns
• Filing of 1099NEC, 1099INT and W2.

Portfolio companies include:

• Mclean Industrial Wealth LLC
• Zaphyre Pro LLC
• Forest Light Capital
• BizMaids
• Preferred Maintenance Inc.
• Smile Dental Supplies
• Elite Dental Products
• Elite Dental Products

• Managed and supervised the successful implementation of an ERP system, leading a team of 12 and overseeing the project from start to finish.
• Established and checked coding procedures, monitored reports and updated internal files.
• Analyzed business processes to identify cost savings and operational efficiencies.
• Manage and oversee the daily operations of the accounting department.
• Process month and end year close process, accounts payable/ accounts receivable, cash receipts, general ledger, payroll and utilities, treasury, budgeting, cash forecasting, revenue and expenditure variance analysis, capital assets reconciliations, trust account statement reconciliations, check runs, fixed asset activity, debt activity, etc.
• Managed the finances, human resources, investor relations, legal, and tax consultants.

• Improved systems and procedures and initiated corrective actions
• Assign projects and direct staff to ensure compliance and accuracy
• Updated general ledger with latest entries.
• Reviewed documents and accounts for discrepancies and resolved variances.
• Prepared Bank Reconciliations & Daily Bank Position
• Prepared annual financial forecasts and ongoing forecast updates
• Produced forecast reports for the annual budget process
• Prepared and recorded asset, liability, revenue, and expense entries by compiling and analyzing account information
• Summarizing financial status by collecting information; preparing balance sheets, profit and loss, and other statements
• Producing payroll by initiating computer processing; printing checks, and verifying finished products
• Complete external audits by analyzing and scheduling general ledger accounts, and providing information to auditors.

• Assisted in Reporting financial status by preparing and analyzing financial plans, forecasts, and reports
• Costing:
• Prepared Import Schedules & Planning Payment of LCs accordingly & coordinating supply chain operations
• Prepared Bank Reconciliations & Daily Bank Position
• Prepared Cash flow forecasts
• MIS reporting Activity Based Costing Budgeted Costing
• Handled Accounts Payable/Receivable Functions
• MIS reporting to upper management as and when required.
• Set up and improved accounting systems and processes to meet business needs and maximize operational success.

• Updated general ledger of accounts with current, accurate and industry-compliant data to meet all internal and external audit requirements.
• Checked expenses against budget controls, entered figures and reconciled business accounts to address discrepancies.
• Overhauled process for year-end inventory audits to improve accuracy.
• Effectively communicated with clients about payment needs and kept updated, detailed and accurate ledgers.
• Streamlined bookkeeping procedures to increase efficiency and productivity.
• Strengthened financial operations by conducting bank reconciliations and financial reporting.
• Input financial data and produced reports using ERP Software.
• Fixed Assets:
  Prepared Detail of fixed assets and Lead Schedule of Fixed Assets.
  Prepared Depreciation Working for Financial Statements.
• Prepared MIS reports for the CFO and upper management as and when required.

• Worked as an intern and gained practical experience working in every department of an Operational Branch.