1. INTRODUCTION
An accounting and finance professional with more than 10 years of experience. Possessing
sound knowledge regarding, financial planning, analysis, accounting principles and budget
preparation having ability to take initiative and bring value addition in existing process. A
cooperative team player, proactive, innovative and result oriented with good communication
skills.
Have been associated with Hilal Group since 3 years now and Hilal Group comprises of Hilal
Foods(Private) Limited,ShalimarFoodProducts(Soleproprietor) Unique Foods(Private) Limited
(i.e. Domino’s Pakistan). Major Hilal business comprises of manufacturing and selling
confectioneryandotherfoodrelateditems.Annual grossturnoverof Hilal groupis Rs. 13 billion
(USD 127 million) and total assets of Hilal group are Rs. 6 billion (USD 59 million).
PPRROOFFEESSSSIIOONNAALL EEXXPPEERRIIEENNCCEE
Working as Deputy Manager Budgeting & Costing in Hilal Foods (Private) Limited
(June 2012 – to date)
Assist Financial Controller in developing standard costs, product margins and cost
variances; suggesting and deploying actions to improve revenue and profits
Playa vital role inBudgetingandPlanningof the Companyandensuringadhere to them
dealing with various departments
Reviewingmonthlyreportsdepicting department wise and brand wise performance to
be presentedtoTopManagementhighlightingvital areas of improvement and concern
and discussingwith departmentstoeliminate the needs improvement area in order to
attain optimum productivity enhancing the overall company’s performance.
Create customized financial models using wide range of data, historical trends and
productassumptions to develop ROI analysis for new business cases i.e. P&L and Cash
Flow, Break Even Parameters and Sensitivities.
Worked as Assistant Manager Budgeting & Costing in English Biscuit Manufacturers (Private)
Limited (July 2010 – June 2012)
Assist Manager Budgeting & costing for budget preparation, audit, accounting, reports
summarizing and development of financial statements. Provide business analysis
recommendationsandcontingencyplansforExecutives to make strategic, operational,
capital expenditure, resource allocation and critical projects decisions.
Createdandcustomizedfinancialmodelsusingwiderange of data,historical trends and
product assumptions to develop ROI analysis for new business cases.
Ensuring timely and accurate monthly, quarterly and annual management/statutory
reporting of the financial statements to the top management.
Reviewingandanalyzingthe variancesof monthly,quarterlyandannual financialresults
against budgets and prior year actual performance and scripting of performance
summary on basis of results obtained.
ADNAN NEK
Address: Flat No.21, S.N. Manzil, Mansfield Street, Saddar, Karachi
Residence No: 92-21-32783208, MobileNo: 92-337-3156052
Email Address: adnannek@yahoo.com
2. Worked as Executive Budgeting & Costing in English Biscuit Manufacturers (Private) Limited
(Since Jul 2005 – Jun 2007)
Reviewed, analyzed and updated standard costs, product margins and cost variances.
Preparedprofitabilityanalysisandevaluated new products including pricing relative to
the market as well as setting up appropriate markups.
Evaluated actual manufacturing costs and prepared periodic reports comparing
standard costs to actual production costs.
Worked as Budgeting Officer in English Biscuit Manufacturers (Private) Limited
(Since Jul 2003 – Jun 2005)
Prepared monthly entity wise Financial Statements (Management Accounts, Balance
Sheet & Cash Flow Statement) for two operating units.
Assigned tasks to coordinate and help in developing Oracle based financial reports on
Enterprise Resource Planninginrespectto Financial Module being implemented in the
company
Worked as Accounts Assistant in English Biscuit Manufacturers (Private) Limited
(Since Nov 2000 – Jun 2003)
Handledthe complete accountingcycle, including opening, posting entries and closing
of accounts and preparation of various accounting reports
Managed Bank Reconciliation Statements of 15 Banks of two operating unit
EEDDUUCCAATTIIOONNAALL BBAACCKKGGRROOUUNNDD
Master of Business Administration with majors in Finance from Hamdard Institute of
Management Sciences
Bachelor of Commerce from University of Karachi
CCOOMMPPUUTTEERR RREELLAATTEEDD CCOOMMPPEETTEENNCCYY
Grasp on Microsoft Office (Word, Excel & Power Point)
Excellent knowledge on ERP System
RREEFFRREENNCCEESS
Will be furnished Upon Request