Hassan Abbas Awan, Hassan Abbas - ACCA

About

Targeting a challenging career that utilizes my skills / experience in Accounts & Finance, enriches my knowledge and gives me a chance to be part of team that contributes towards the growth of an organization, thereby yielding the twin benefits of job satisfaction & convenient professional growth.

Experience

Javy Coffee Company

Oct 2021 – Oct 2023

USA

Financial Controller

Javy Coffee Company is a Delaware-based E-commerce brand. Calculated Correct cost of Finished Goods inventory. Handling GL recon with Accounts receivables, AP, month end/ year end close process and fortnightly Account payables & Account receivables ledgers recon and balance sheet reconciliations. Prepared monthly reporting package for Directors and Investors. As part of the close process, I was recording all Sales from different sales channels, Shopify, Stripe, PayPal, Walmart, and Amazon. Prepare Credit Card and Bank Reconciliation. Managed Payroll on QuickBooks advanced, and later moved it to Rippling as PEO. Sales tax reconciliation of 45 states. Highlights: Assisted directors in the preparation of 2 years forecast model for the Financing round, Javy was able to raise $4.6M in first round. Got sales tax registration in 45 States. Set up the Avalar account to automate the sales tax filling. Moved AP to bill.com to automate approval process. Enrolled Javy Coffee in Quick books Payroll elite program. Registered Javy Coffee in different states for payroll.

Shine Armor & Miracle Brand

Jun 2020 – Oct 2021

USA

Chargeback Specialist

Shine Armor LLC and Miracle Brand LLC are US based E commerce brands. Carried our detail assessment process in place and advised the new ones to minimize chargeback. Responsible for keep CB Ratio under 2%. Managed Charge back on; Stripe Shopify PayPal Braintree and other Merchants

IMSI Technologies (Pvt) Ltd

Feb 2018 – Jun 2019

Pakistan

Finance Manager

IMSI Technologies (Pvt) Ltd is sister concern company of US bases companies IMSI Design LLC & Encore Software LLC. Carried out detailed risk assessments, preventive measures and articulated audit responses to such risks. Contract Management, configure contract and apply rates in royalty calculation across different sales channels. Prepare monthly reporting / financial results for directors and CEO on timely basis every month with detailed account analysis of Profit and loss head & balance sheet accounts. Prepare Consolidated Financials of Pakistan, USA and Germany subsidiaries. File Quarterly California (USA) Sales tax return. Manage Working Capital, deals with International payables and Receivable. Manage E-commerce sale, Reconcile sale with USA Merchants. Charge Back management; Reconcile and communicate with USA banks for any discrepancy.

Green Valley Premium Hyper Market

Mar 2014 – Oct 2017

Pakistan

Manager – Finance / Accounts

Headed a team of 5 reportees. Led the finance & accounting functions involving determining financial objectives, designing & implementing systems and framing policies & procedures to facilitate process control: o Handling GL recon with Accounts receivables, AP & month end/ year end close process and fortnightly Account payables & Account receivables ledgers recon and balance sheet reconciliations. Drafted and analyze financial reports to provide feedback to top management on financial performance viz. analysis of profit, cost, fund position, inventory, and margin reporting and informed the operation on near expiry or slow-moving items. Prepared reports, posted complex journal transactions and processed invoices, receipts & payments as required Conceptualized monthly budgets / annual budgets including capital budgeting on the basis of inputs from various stakeholders and performed budgeting review on a periodic basis, prepared budget variances and explained reason for variances. Managed working capital & accounts payable to attain the completeness of recording liability by assuring that accurate claims were filed with vendors and paid on time and receivable was collected on time. margins. Highlights: Detected a bug in POS while performing system review, and corrected the same with the help of software developer which further prevented an occurrence of fraud. Conceptualized, developed & implemented ERP system and automated all Account payable & Account receivables to minimize the chance of any fraud or error in financial records and record all manual data into new system resultantly savings in millions.

KPMG Taseer Hadi & Co., Chartered Accountant

Mar 2010 – Mar 2013

Pakistan

Senior Associate

Todial Communication systems Pvt Ltd

Jan 2008 – Feb 2010

Pakistan

Accountant

Education

Association of Chartered Certified Accountant, UK

Jan 2010 – Dec 2017

ACCA, Accounting & Finance

Association of Forensic & Investigative Auditors, Canada

Jan 2014 – Dec 2014

Certified Forensic & Investigative Auditor

Oxford Brookes University, UK

Jan 2011 – Dec 2011

B.Sc. in Applied Accounting

Association of Chartered Certified Accountant, UK

Jan 2004 – Dec 2004

Certified Accounting Technition, Accounting & Finance

Hassan Abbas Awan

Hassan Abbas - ACCA

Skills

Languages