Farhan Siddiqui
Herne Hill,Australia
Summary
Experienced CPA and ACMA with a decade of expertise in financial management, including cost reduction, budget controls, and trend analysis. Skilled in implementing ERP systems and managing inventory, with a strong command of tools such as SAP, Oracle, and Tableau. Proven track record of improving financial reporting processes and developing flexible budgeting strategies. Committed to leveraging analytical skills to enhance business operations and profitability.
Overview
24
24
years of professional experience
1
1
Certification
Work History
Finance Business Partner/Divisional Accountant
Paragon Care Limited
, Victoria
10.2021 - Current
- Company Overview: Paragon Care is recognised as a leading provider of equipment, devices, and consumables to the healthcare market.
- Ensure the accuracy and productivity of the Finance function of Diagnostics division and Specialist Medical Supplies (SMS) Pty Ltd.
- Monitor the Finance Process in the acquisition of SMS.
- Coordinate with the Project team in migration of SMS from MYOB to NetSuite.
- Strategic contribution in monthly Sales & Operation, Financial position and Forecast review meeting in setting future direction to improve the business performances and productivity.
- Introduced and presenting Daily Sales Dashboard including information about this & prior year Daily and MTD BU, Location and Product segment wise Sales & Margin analysis.
- Commercial review pack includes the weekly and monthly customer, supplier, location and product segment wise sales & margin analysis.
- Provide the Financial and non-financial information to all business stakeholders to facilitate them in timely strategic decision-making process.
- Prepared and present the monthly forecast and FY divisional budget.
- Controlling the financial aspects of Project Genesis (Relocation Project).
- Mentoring divisional Finance team in work and career progression directions.
- Prepared monthly divisional Management Accounts and Board pack with commentary about the OpEx and overall business performance.
- Paragon Care is recognised as a leading provider of equipment, devices, and consumables to the healthcare market.
Accountant
Saputo Dairy Australia Pty Limited
03.2021 - 10.2021
- Company Overview: Saputo is the Australian largest and world top 10th dairy processor.
- Monthly Board pack which includes Financials and Commentary covering the Finance, Commercial and Operation areas variances.
- Ensure the accuracy of all the information provided to GOI Stockholders.
- Pivotal part of Management committee to manage GOI Business effectively.
- Prepared and review the monthly Forecast with the Plant Manager.
- Park monthly accruals, intercompany plant services recharge, amortisations and other month end related journals.
- Balance sheet and inventory reconciliation and upload them into Blackline.
- Developed the new way of reviewing BOM and manufacturing cost.
- Review Weekly Material usage variance with production team to control variances and improve performance.
- Saputo is the Australian largest and world top 10th dairy processor.
Accountant
Luv-a-Duck Pty Ltd
10.2019 - 03.2021
- Company Overview: LAD is the Australian leader producing fresh and cooked Duck Products since 1960.
- Restructured and Prepared monthly board pack which includes cash flows, divisional and group consolidated financials, ratios analysis, livestock and processing performance analysis and commentary about sales & other operating department performance and Balance sheet movements.
- Developed post pandemic scenario budget and perform sensitivity test analysis.
- Improve month end process and restructure the Balance Sheet reconciliation.
- Review Livestock & Processing KPIs, structure Fat products yield analysis and commentary about the processing accounts variances.
- Restructure and performed the monthly process costing system and reconcile the Livestock and Processing P&L with the actual products produced.
- Developed overall GoldField (Ballarat) Project, De-Boning, ACM and other related Plant machinery feasibility.
- Integral part of the New Product Development (NPD) team to provide indicative cost & financial feasibility of all the new products.
- Update Product Cost and BOM in ACCPAC.
- LAD is the Australian leader producing fresh and cooked Duck Products since 1960.
Accountant
Workwear Group Pty Ltd
07.2018 - 07.2019
- Company Overview: WWG is the company of Wesfarmers Ltd and is the market leader providing the work wear solutions around a century.
- Processing high volume data and active communication with the relevant departments to revamp the bank and the sales interface reconciliation method.
- Assists Senior Finance Manager to streamline Finance department Sydney to Melbourne transition phase and month end procedures.
- Actively participation in month end process and ensure accuracy of the monthly sales, stock related journals and monthly accruals.
- Reconcile Bank, Stock & Purchase Price Variance, Goods received not yet invoice (GRNI), Stock & COGS clearing account and Goods in transit etc.
- Responsible New Zealand base Joint Venture's monthly management accounts.
- Liaison with the logistics team to ensure accuracy and control in recording and paying overseas creditors liability (Bills Book).
- WWG is the company of Wesfarmers Ltd and is the market leader providing the work wear solutions around a century.
Accountant
Hussey & Co Pty Ltd
08.2017 - 05.2018
- Company Overview: Hussey & Co is renowned for producing Australia's finest gourmet baby leaf salad mixes since 1975.
- Structured & implemented company's new HR management system (Deputy).
- Assist CFO to revise financial model and group restructuring.
- Structured flexible budget based on variable cost and fixed period cost, Ad-hoc and month end management reports including accruals and GL reconciliations.
- KPI reports, standard vs actual segments wise expenses analysis and facilitated operational and sales team to improve performances / reduce per kg cost.
- Developed standard product cost sheets based on different pack sizes.
- Coordinate with customer to ensure recovery targets.
- Processing of group payroll, monthly payroll tax and superannuation.
- Hussey & Co is renowned for producing Australia's finest gourmet baby leaf salad mixes since 1975.
Accountant
M & G Vizzarri Pty Ltd
09.2015 - 08.2017
- Company Overview: M& G Vizzarri Farms is a leading Australian producer of Asparagus and Broccolini since 1981.
- Ensure accuracy of all financial transactions into the accounting system.
- Performed Time & Motion study based on different capacity to develop the activity base standard products cost sheets.
- Developed activity wise flexible budget and activity wise KPIs.
- Prepared monthly management accounts, accruals, BS reconciliation, KPI analysis, yield analysis and a brief commentary about the variances.
- Weekly Price/ Cost variation analysis due to season, capacity, quality and other un-controllable factors which effect per kg return.
- Product segment wise profitability reports including the establishment of a fair judgement process to allocate common costs.
- Periodical Bank compliance/ covenant financial reports with brief commentary about the set financial indicators/ KPIs and variance analysis.
- Filed Monthly BAS / payroll tax and reconciled the GST and PAYG account.
- M& G Vizzarri Farms is a leading Australian producer of Asparagus and Broccolini since 1981.
Sole Proprietor
The Smith Family Community for children Project
12.2014 - 06.2015
- Company Overview: The Smith Family is one of the leading Australian NGO operating since 1922 with an objective to improve the lives of disadvantaged children.
- Periodically perform analysis to evaluate service provider financial health particularly solvency, liquidity and profitability prospective.
- Evaluate the programs according to the requirement of the community and priority set by the customer committee.
- Assessing CFC Project team in-depth searches for the preparation of Scoping document and generate data which facilitate in strategic decision making.
- The Smith Family is one of the leading Australian NGO operating since 1922 with an objective to improve the lives of disadvantaged children.
Sole Proprietor
AMQI Enterprises Australia
01.2009 - 12.2014
- Company Overview: The core businesses of AMQI were importing and retailing ladies' fashion, home decoration and textile products.
- Developed financial model, bookkeeping and inventory management system.
- Developed, established, and managed various new commercial outlets.
- Coordinated with the clearing agents to minimise import cost.
- Compliance all taxation and statutory reporting requirement.
- The core businesses of AMQI were importing and retailing ladies' fashion, home decoration and textile products.
Contractual Cost Accountant
Fort Dodge Australia (Pty) Ltd
10.2008 - 12.2008
- Company Overview: Fort Dodge Australia was the Animal Healthcare unit of Whyte Pharmaceutical USA.
- By utilising sound reconciliation concept, I reconciled the challenging and complicated Inter-Company account which was unreconciled from several years.
- Facilitated the Head of Finance in monthly management reporting to USA HO.
- Update bill of material (BOM) and prepared MS Excel base Batch cost sheet and incorporate Raw material, FOH and Labour monthly standard utilisation.
- Monthly Balance sheet reconciliation and maintain fixed assets register.
- Reviewed coding & inputting supplier invoices.
- Fort Dodge Australia was the Animal Healthcare unit of Whyte Pharmaceutical USA.
Assistant and Cost Accountant
Brookes and Getz Pharma Pty Ltd
08.2001 - 10.2007
- Inventory management, monthly management accounts, Batch order costing, bill of material (BOM), export orders feasibilities, periodical management reports, monitoring of Accounts Payable & Costing unit.
- Developed financial and non-financial measures of business performance and assisted business units in their budgeting and planning process.
- Developed new costing process base on process costing concept.
Education
Certified Practising Accountant - Accounting And Finance
Institute of Certified Practising Accountants
Australia06-2015
Diploma - Project Management
TAFE NSW
NSW06-2015
Associated Cost & Management Accountant - Accounting and Finance
Institute of Cost And Management Accountants
06-2005
Commerce
Karachi University
Karachi12-1999
References
Available upon request.
Attributes
- Proven leadership skills
- Reliable
- Strong ethics & integrity
- Effective team member
- Organised
- Analytical
- Valuable member in strategic decision-making process
Affiliations
- Community works
- Gardening
Languages
English
Full Professional
Urdu
Native/ Bilingual
Certification
- Certified Practising Accountant (CPA)
- Associated Cost & Management Accountant (ACMA)
Timeline
Finance Business Partner/Divisional Accountant
Paragon Care Limited
10.2021 - Current
Accountant
Saputo Dairy Australia Pty Limited
03.2021 - 10.2021
Accountant
Luv-a-Duck Pty Ltd
10.2019 - 03.2021
Accountant
Workwear Group Pty Ltd
07.2018 - 07.2019
Accountant
Hussey & Co Pty Ltd
08.2017 - 05.2018
Accountant
M & G Vizzarri Pty Ltd
09.2015 - 08.2017
Sole Proprietor
The Smith Family Community for children Project
12.2014 - 06.2015
Sole Proprietor
AMQI Enterprises Australia
01.2009 - 12.2014
Contractual Cost Accountant
Fort Dodge Australia (Pty) Ltd
10.2008 - 12.2008
Assistant and Cost Accountant
Brookes and Getz Pharma Pty Ltd
08.2001 - 10.2007
Certified Practising Accountant - Accounting And Finance
Institute of Certified Practising Accountants
Diploma - Project Management
TAFE NSW
Associated Cost & Management Accountant - Accounting and Finance
Institute of Cost And Management Accountants
Commerce
Karachi University
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