Nasir Siddiq

Nasir Siddiq

$20/hr
Budget and forecast preparation, Financial modeling, Bookkeeping and accounting.
Reply rate:
-
Availability:
Hourly ($/hour)
Location:
Karachi, Sindh, Pakistan
Experience:
10 years
Muhammad Nasir Siddiq-- (WhatsApp) EXECUTIVE SUMMARY Leading and directing the country finance team according to organization’s mission, Setting the goal and objective of team member of finance in the country office and the projects so finance department can proactively and contribute and participate to achieve the organization’s goal and can provide best humanitarian services to the suffering people of the country. Managing 11 million Euro budget and implementing an organization finance policy in the country . Expertise in: ▪ ▪ ▪ Strong financial and management skills Budget Preparation and forecasting Strategic planning & organizing ▪ ▪ ▪ Accounting management MS. Word & MS. Excel Coaching, mentoring and training PROFESSIONAL EXPERIENCE Médecins Sans Frontieres /Doctors Without Borders (MSF) Jan 2023 to Feb 2023 Country Finance coordinator (Islamabad, Pakistan): ▪ ▪ ▪ ▪ ▪ Managing 8 million Euro Budget Managing emergency affected by the flood Managing and supporting day to day operations in emergency and regular project Implemented cheque management policy Implemented advance management policy and payment schedules Médecins Sans Frontieres /Doctors Without Borders (MSF) Jan 2022 to Dec 2022 Country Finance coordinator (Aden, Yemen): ▪ ▪ ▪ ▪ ▪ ▪ Managed 11 million Euro budget for the year 2022. Managing the budget on new budget tool called WEFIN. Dealing day to day issue, like inflation and updating the budget as per actual spending. Asses and mitigate the risk related to finance. Managing money security and prepared the guideline Developing the staff in management of financial and accounting management. Médecins Sans Frontieres /Doctors Without Borders (MSF) Aug 2021 to Oct 2021 Country Finance coordinator (Juba, South Sudan): ▪ ▪ ▪ ▪ Managed 15 million Euro budget for the year 2021. Prepared the 14 million Euro budget for 2022 as per objective and planning after discussing the departments manager. Prepared and develop the budget on new budget tool called WEFIN. Involved the finance team in WEFIN budget encoding. Muhammad Nasir Siddiq-- (WhatsApp) ▪ Provided the support in closing of project and managed to distribute the settlement of staff around 800K USD. Médecins Sans Frontieres /Doctors Without Borders (MSF) Jan 2021 to July 2021 Deputy Country Finance coordinator (Nairobi, Kenya): ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ Prepared the budget for the projects and country level with the consultation of all department managements (Medical, Logistic, HR & admin) and project management according to the medical need of the country and project as per the organization's guidelines. Analyzed the budget and forecast monthly and provided feedback to country department managers and project management to monitor their actuals against the budget and adjust. Prepared the quarterly actuals vs. budget report and do a deep analysis and adjust the forecast according to trending cost. Review and monitor the payments that should be done according to the country's law and organization's policy. Do the quarterly visit to the projects and do internal control practice to check if activities and payments are done according to the organization's procedures. Implement and supervise financial transaction procedures and systems, to ensure transparent and traceable accounting practices. Define and analyze the project budget to ensure that funds are used according to the funding contracts, proposing corrective actions if needed. Implement circuits and workflows, such as management of cash boxes, transfers, advances, purchasing procedures, payment approvals, follow-up of payments, and bank reconciliations. Ensure the timely execution and control of monthly/yearly accountancy closure, financial reports, audits, and all service contracts for the project site. Ensure that MSF staff with financial responsibilities are aware of and comply with local finance procedures and laws. Médecins Sans Frontieres /Doctors Without Borders (MSF) Feb 2020 to July 2020 Finance Manager (Bamenda, Cameroon): ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ Deployed the ERP (Unfiled) in the project. Coached the staff on ERP(Unifield). Composed the finance guideline and procedures for the mission. Developed and implemented tax documents according to country law. Formulated and devised accounting, finance, and management policies and procedures. Shepherd, analytical review, and process the supplier payment as per organization policies and procedures. Executed internet banking in order to shrink the cash payments. Implemented mobile money in order to decrease the cash payments Minimized the cash payment by 60%. Médecins Sans Frontieres /Doctors Without Borders (MSF) MIO UF Finance (Brussels, Belgium): Aug 2019 to Dec 2019 Muhammad Nasir Siddiq-- (WhatsApp) ▪ ▪ ▪ ▪ ▪ Made ready the ERP (instances) system and created the users for deployment. Generated the accounting journals according to mission and field set-up. One on one coaching on ERP (Unifield) according to users’ function. Adopted the procedures according to mission and compliance with Unifield. Designed the deployment report and shared it with management. Médecins Sans Frontieres /Doctors Without Borders (MSF) Nov 1st 2013 to June 2019 Finance Supervisor (Karachi, Pakistan): ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ Maintained the books of accounts. Designed project weekly, monthly financial planning, and funds management. Decreased cash transaction by 32% by shifting on a bank transfer Narrowed down cheque payments by 24% by shifting on an online bank transfer Oversaw and perform the authenticity of invoice and financial documents before processing the payments. Inspected Payroll accuracy, reviewed, analyzed, and processed. Ensured completion and review of all balance sheet reconciliations and identify and communicate findings. Encoded all entries of the ERP (Unifield) software. Involved in deployment of ERP (Unifield) and migration single entry to double entry. Médecins Sans Frontieres /Doctors Without Borders (MSF) 17/07/2018 to 17/09/2018 Unifield Finance Coach (Egypt mission Detachment). ▪ ▪ ▪ ▪ ▪ Provided coaching to coordination staff Accounting manager, accountant, and field finance staff of daily basis operation. Adopted different methods to let the staff understand the function of Unifield. Enhanced the knowledge of non-finance staff (Purchaser, log, admin) about the finance procedure and policies by doing the workshop and presentation Prepared guidelines for the finance department Egypt's mission to work accordingly MSF finance standard. Identified and highlighted the gaps in the finance department and propose a proper solution with complete guidelines and procedures. Médecins Sans Frontieres /Doctors Without Borders (MSF) 1) Dec 2016 to Dec 2016 2) July 2017 to Aug 2017 3) Dec 2017 to May 2018 Finance Manager Interim (Karachi, Pakistan). ▪ ▪ Streamlined redundant day-to-day operations resulting in the more accurate and timely financial information used in monthly financial reporting package. Oversaw financial functions including budgeting, planning, forecasting, accounting, variance analysis, and financial reports responsibility. Muhammad Nasir Siddiq-- (WhatsApp) ▪ ▪ ▪ ▪ Measured quarterly budget follow-up, discussed with the team underspent/overspent budget, prepared the report, and shared with top management. Formulated and devised accounting, finance, and management policies and procedures. Facilitated budget meetings to ensure budgets versus expenses are met. Improved communication with other departments. H.S Feed Mill April 2013 to Oct 2013 Accounts Executive. ▪ ▪ ▪ ▪ ▪ ▪ Maintained the book of accounts as per International accounting standards and organization policy. Composed revenue and expenses report and shared it with top management. Handled accounting operations, including A/R, A/P, financial statements, and analyzing reports. Produced yearly financial statements. Generated monthly supplier and customer statement and dispatch them. Prepared bank reconciliation and reconciled balance sheet items (Receivable and payables). International Organization for Migration (IOM) August 2011 to Feb 2012 Financial Monitor (Islamabad, Pakistan): ▪ ▪ ▪ ▪ ▪ Verified financial activities conducted at Islamabad, sub Office, and Partner organization level comply with the program conditions and procedures. Conducted the workshop for partners organization’s finance to train them on international accounting standards and IOM requirements. Managed Coaching and mentoring the partner’s organization accountants and finance persons. Reconciled the information of the financial report with the Partner organization’s accounts in respect of their activities. Shared visit reports and findings with a program officer, monitoring officer, and country program manager. SDS UNDP project June 2011 to July 2011 Accounts & Admin Officer (Hyderabad, Pakistan): ▪ ▪ ▪ Produced, reviewed periodical UNDP FACE ((Funds authorization and certificate of expenditure) and submitted it to program manager, CEO of SDS, and then submit it to UNDP authorities. Coordinated, managed, and distributed the cash envelop according to program nature with the help of the field team. Arranged, managed, and distributed the cash to business restoration in town. Goth Seengar Foundation Finance Manage (KhairPur, Pakistan): ▪ ▪ Collaborated with the program manager to produce the budget according to the required proposal. Approved the expenditure report and submit to donor agencies after senior management approval. June 2010 to May 2011 Muhammad Nasir Siddiq-- (WhatsApp) ▪ ▪ ▪ Provided explanations of variances between actual results and forecasts/budgets; provide corrective action recommendations to management, where necessary. Prepared financial reports, including Profit and Loss Statement, Balance Sheet, and Statement of Cash Flows, as well as the yearend financial reports. Validated the fund's request according to the approved budget and submit to the donor organization. Mustafa Ahmed & Co. March 2009 to May 2010 Auditor (Hyderabad, Pakistan): ▪ ▪ ▪ ▪ ▪ Coordinated auditing assignments and ensure audit staffs are aware of clients’ business and relevant issues impacting operations and audits. Planned and conducted operational and financial audits to assure financial statements are fairly presented in alignment with GAAP/IAS. Prepared the audit queries and discuss it with the firm manager and the organization’s management. Prepared the management report on audit findings regarding the state of the company’s record-keeping system and financial health. Finalized the accounts of NGO’, construction companies, schools, individuals, mining companies, pharmaceutical companies. PROFESSIONAL TRAINING ATTENDED ⮚ Attended “Finance Management Course” in Brussels Belgium in December 2017 organized by MSF Belgium. ⮚ Attended “Accounting management “training in Nairobi Kenya, in August 2016 organized by MSF Belgium. Achievements ▪ ▪ ▪ ▪ ▪ Deployed the ERP (Unifield) software in Iraq and Cameroon in 2019/2020 Prepared the finance guideline and procedures for MSF Cameroon mission Executed the mobile money (Payment system) in Cameroon to shrink the cash payments. Involved in the deployment of ERP (Unifield) software in the MSF Belgium Karachi project in 2015. Implemented the customized accounting software for H.S Feeds Mill in 2013. PROFESSIONAL SKILLS AND ABILITIES Team Player Time Management Ability to manage multitasking Innovative and creative Ability to adapt EDUCATION & PROFESSIONAL AFFILIATIONS ▪ ▪ Master’s in Commerce (M.com) University of Sindh Jamshoro Pakistan 2010 Bachelor in Commerce (B.com) University of Sindh Jamshoro Pakistan 2006 REFERENCES Shahbaz Israr Khan James Wanderi - - --
Get your freelancer profile up and running. View the step by step guide to set up a freelancer profile so you can land your dream job.