HAFIZ BARI
Karachi, Pakistan | +923432047546 | [email protected]
PROFESSIONAL SUMMARY
Versatile, dedicated, and detail-oriented Accounting & Bookkeeping Professional offering 7+ years of professional experience with accounting, bookkeeping, and financial analysis. Recognized as an analytical problem solver who meticulously gathers, analyzes, and interprets complex financial data to identify and address discrepancies often overlooked by others. Confident communicator who builds strong working relationships, translates complex information into meaningful terms, and effectively collaborates with diverse stakeholders on a day-to-day basis.
Professional Experience
Accounting Manager | The Indus Hospital – Karachi, Pakistan 2015 to Present
· Manage a 6-member accounting team in the day-to-day financial management of multiple major construction projects to build new hospitals in Karachi and Lahore with a combined budget worth over $550 million CAD
· Track and administer the annual budgets and prepare detailed reports on a monthly, quarterly, and annual basis
· Report to the General Manager of Finance and provide ad hoc financial reporting and analysis when required
· Monitor the performance of the accounting team and confirm that all bookkeeping and records are accurate
· Reconcile accounts, post journal entries, generate financial statements, and maintain and update general ledgers
· Administer staff payroll, calculate bank payment vouchers, submit vendor invoices, and secure timely payments
· Accountable for the employee hiring, training, scheduling, and performance evaluation and management
· Receive and record donations from key project sponsors and ensure taxation requirements are fulfilled
· Participate in Project Committee meetings on a regular basis and document all meeting minutes as the Secretary
· Ensure all project stakeholders possess appropriate insurance coverage and adhere to policies and regulations
Key Achievements:
ü Built the entire accounting from scratch, streamlined the month-end reporting process, and designed and instituted the standard accounting procedures, policies, and controls for the project
ü Saved over 40% on material and equipment costs by introducing a new policy to purchase directly from the manufacturers rather than relying upon the contractors to procure the materials at a higher price
ü Substantially increased donations by conducting in-depth budget analysis to identify the specific costs for each construction material and inform potential donors exactly where their money is going
ü Secured several free services from contractors, architects, and HVAC manufacturers worth over $10 million CAD
ü Decreased labour costs for the Project Management operations by over 50% by establishing an in-house Project Management team to replace outsourced Project Managers
ü Currently acquiring project insurance coverage to reduce insurance costs and improve overall coverage
ü Earned multiple promotions throughout tenure for always exceeding ambitious performance expectations
Audit Associate | A.F. Ferguson & Co., Chartered Accountants (PWC Network) – Karachi, Pakistan 2012 to 2014
· Conducted financial audits for corporate clients within the manufacturing, pharmaceutical, and service industries
· Led all aspects of the auditing process including planning, consultation, execution, evaluation, and reporting
· Prepared financial statements for clients in accordance with various industry, regulatory, and IFRS standards
· Advised clients on best practices and policies for business taxation, accounting procedures, and compliance
Key Achievement:
ü Completed various in-house workshops and training programs related to the IFRS and PWC audit methodologies