BASHIR NEYAZI

• Enhanced budget management by implementing expense tracking and cost reduction strategies.
• Supported operations management, sales, and marketing efforts to increase revenue and overall financial health.
• Analyzed business processes to identify cost savings and operational efficiencies.
• Implemented and regularly reviewed financial controls to generate accurate and reliable financial data.
• Ensured compliance with local, state, federal tax regulations; timely filing of all required documents, mitigating potential penalties or fines.
• Streamlined month-end close process, reducing time spent on manual tasks and improving data accuracy.
• Designed and maintained financial models to identify and measure risks.
• Optimized cash flow with diligent monitoring of accounts receivable and payable.
• Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.

Started at P&O Ferries as Business Support Accountant. The job involved managing the month end process for all overheads. Interfacing with budget holders to understand and correctly account for departmental costs. Reporting on monthly basis to the business on month-end results. Prepared reforecasts and budgets on quarterly basis.

Achievements:

• Improved reports accessibility to all budget holders
• Redesigned internal reports to improve usability to aid better decision making
• Improved inter department relationship
• Identified opportunities to save costs

Responsibilities included managing cash flow and internal controls from day-to-day accounting entries to year-end accounts reconciliation.

• Managed cash flow, payroll and day-to-day transactional activities
• Completed year end reports
• Produced end of month reports and reviewed along with senior management team
• Produced annual financial statements
• Managed and administered VAT calculation and submission.
• Develop improved business processes to provide greater transparency, more accurate reporting and better identification of cost-saving opportunities.
• Created internal controls and corrective actions to reduce risk or deficiencies.
• Implemented accounting process that complied with IFRS and UK GAAP.

The role at Cuts Ice Ltd primarily focused on delivering managements accounts, P&L and Balance Sheet reconciliation and analysis, preparation of a financial information pack including commentary for the board of directors.

• Managed audit process for two years
• Managed sales process to ensure accuracy of revenue and cost recognition
• Provided analytical support and insight to aid budgeting and decision making process
• Slashed the preparation of the full management accounts time from 10-12 working days to currently 5 days
• Automated reports using advanced excel modelling and SQL to improve efficiency and reduce reporting time
• Managed customer credit to reduce risk and improve cash flow
• Actively monitored both the order management system and the accounts software for data accuracy and integrity
• Maintained cash flow forecast on weekly basis
• Analysed payroll reports by departments on monthly basis
• Developed KPIs and various models, e.g. sales forecasting model currently being used business wide
• Evaluated accounting controls on frequent basis in order to assess and devise potential improvements
• Business partnered with directors and department managers
• Presented financial assessment findings to stakeholders through powerpoints, charts and graphs.

Manrose Manufacturing Ltd is part of Volution Ventilation Group PLC, a British manufacturer of domestic and commercial fans and ventilation equipment.

The role was responsible for timely delivery of monthly management accounts pack (48 pages) to the board of directors and department managers including analysis and commentary.

Activities in addition to the core duties included:

• Business partnered with other departments to provide analytical support and facilitate achievement of budget and KPIs
• Analysed and reported sales price performance daily
• Monitored and reported gross margin and provided comments on its deviation from budget and prior periods actual figures
• Analysed and provided feedback to managers on manufacturing variances including
• Administered and maintained standard costing system
• Assisted with budgeting and quarterly forecasting

Achievements:

• Improved daily sales and variance report by 1.5 hours through report automation using SQL and advanced excel formulae
• Given the limitation of accounts system, worked out a solution to delivering customer statement using Macros and other advanced excel techniques which saved hours for the collections team.

Virgin Pure provides water purification systems for homes and businesses, mainly on subscription basis.

Responsibilities included:

• Implemented a new credit control process
• Re-designed the accounts receivable processes to improve efficiency, e.g. reconciled sales ledger and bank statements from the start of the business
• Improved invoicing processes and put relevant controls in place, e.g.
• Delivering invoices on time, digitized invoice delivery to save postage costs and improve cash collection
• Improved revenue recognition by training members of accounts
• Weekly and monthly reporting of sales ledger
• Collecting outstanding debt by phone, email and letters
• Production and distribution of monthly management accounts including analysis and commentary
• Assisted with preparation of annual statutory accounts and audit
• Assisted with year-end stock valuation and accounting for variances
• Actively involved in planning for a complete IT system migration

Some of the achievements included:

• Improved cash flow from £80k to £195k per month in the first 3 months of employment
• Designed finance processes and helped with implementation of new IT system(SAP B1)
• Quickly gained technical knowledge of the new system including SQL Query and exploited this advanced feature to improve the quality and speed of internal reporting and analysis
• Migrated most customers to a new Direct Debit platform (GoCardless) from old and ineffective and costly system.