Syed Waky

Finance professional with over 8 years of experience of working in a top multinational company. Effective communicator with leadership skills & well developed analytical abilities which help organization to improve efficiency and reduce expenses

Project Finance Manager

Ericsson Philippines, Feb/2020 – Sep/2023

● Worked as a program lead while supervising a team of 6, assisting in project set-up, revenue recognition, customer billing, accounts payable, accounts receivable

● Prepared & interpreted periodic financial reports for the stakeholders which include trend analysis, variance analysis, & action plan

● Monitored utilization of budget in different project phases to avoid any surprise impact on the margin while also validating project costs to ensure cost accuracy

● Performed month end closing activities while reviewing, recording & reconciling P&L statement and B/S ageing items to ensure accurate & complete data are captured

● Identified potential cost-saving opportunities while also highlighting risks & issues to Leadership Team that might have impact on the profitability of the organization

● Coordinated with operation team to oversee accounting functions including accrual, provision, journal voucher, FX adjustment/calculation

● Facilitated to maintain SOX compliance to improve quality & control of financial reports while also driving for process improvement in various areas to boost productivity

Project Accountant

Ericsson Bangladesh, Oct/2018 – Jan/2020

● Set up the financial structure of the projects in SAP and recognized revenue & other related transactions in the system

● Worked closely with invoicing team to issue customer invoices on time

● Managed both vendor & customer relationships and helped to resolve any escalated disputes related to payments/invoices through collaboration with other departments

● Collaborated with Sales & Operation team to prepare rolling sales forecast & ensured expected financial numbers are achieved

● Played key role in steering group & project review meeting to enlighten the financial status of each project & recommended actions

● Validated project expenses to minimize unnecessary cost booking and processed journal vouchers to fix incorrect cost booking at correct GL code

● Used to liaise with internal & external auditor for required documentation

Billing Specialist

Ericsson Bangladesh, Apr/2016 – Sep/2018

● Booked customer contract in system while understanding the scope of work

● Processed customer Invoices on due time and kept necessary records

● Conducted regular meetings with customer as a Finance SPOC to fix any disputed invoice issues

● Performed intercompany transactions and reconciliation

● Monitored the milestone of project deliverables aligning with various departments until final payment is secured

● Worked closely with cash collector to fix Accounts Receivable(AR) ageing items while also preparing AR forecast

Project Administrator

Ericsson Bangladesh, Apr/2015 – Mar/2016

● Prepared & monitored the status of project procurement documentation to applicable service providers, including creation of Purchase Orders

● Posted Goods Receipt in SAP & processed vendor invoices via VIM

● Conducted regular meetings with vendors to settle disputed claims while improving invoice accuracy and fixed Good Receipts(GR)/Invoice Receipt(IR) mismatch

● Worked with project team to close old & invalid purchase orders of vendors in SAP

● Supported in implementation and adherence of relevant tools & systems required to be used by the Project Manager

● Assisted Project Managers in administering project correspondence and project activity/venue/meeting arrangement

MBA in Finance & BBA in Accounting