Abdullah Rashid

CA Finalist (ICAP) with 4.5+ years of experience spanning financial control, FP&A, manufacturing finance, and Big-10 audit advisory. Currently serving as Deputy Manager – Accounts & Finance at Beacon Impex, supporting budgeting, variance analysis, production costing, utilities optimization, and internal controls across textile operations. Previously worked at Nexia International (RACO), leading statutory audits and internal control engagements across textile, power, NPOs, and manufacturing sectors.

Experienced in operational finance, risk assessment, compliance, and financial & management reporting.

Deputy Manager – Accounts & Finance - Beacon Impex (Pvt.) Limited - Faisalabad, Pakistan

(2025-07)

Financial Control | FP&A | Production Costing | Operational Finance

• Design per piece and PO level costing models for embroidery and printing divisions, providing granular margin visibility and enabling data driven pricing decisions.
• Perform divisional profitability analysis by product line and production order, identifying margin leakages, underperforming lines, and cost recovery opportunities.
• Prepare production accounts; oversee issuance of production records for invoicing to commercial parties; reconcile WIP, inventory movements, and intercompany stock transfers, ensuring accurate reporting across plant operations.
• Support the budgeting cycle, translating plant operating plans into financial forecasts covering production volumes, raw material consumption, labour, and overhead absorption.
• Conduct monthly budget vs. actual variance analysis across cost centres; prepare variance commentary for higher management and plant leadership, identifying root causes and recovery actions.
• Maintain rolling cost forecasts covering utilities, stores consumption, and labour to inform pricing, capacity planning, and forward margin management.
• Analyse electricity, gas, and boiler fuel costs at per unit production level, benchmarking against output to identify efficiency gaps and cost reduction opportunities.
• Evaluate alternative energy scenarios and assess the financial impact of regulatory tariff changes on production cost structure; present optimization recommendations to senior management.
• Review payment processing, approval workflows, and vendor transactions, monitoring control effectiveness and escalating exceptions, reflecting a structured internal audit approach within finance.
• Conduct operational reviews of stores consumption, intercompany transactions, and inventory movements to identify process gaps, ensure compliance with controls, and strengthen cost discipline.
• Classify CapEx vs. OpEx with IFRS accuracy; improve controls across accounts payable, inventory, and cost reporting to reduce financial risk and improve audit readiness.
• Lead month end close, accruals, and reconciliations; prepare management accounts and plant performance dashboards for executive review.
• Collaborate with relevant teams to align operational activities with financial controls, costing accuracy, and budget discipline

Audit Supervisor - Nexia International — Big-10, Riaz Ahmad & Company Chartered Accountants - Faisalabad, Pakistan

(2021-12 - 2025-06)

Progressed: Audit Assistant → Associate → Supervisor. Built the analytical, controls, and reporting foundation now applied directly to financial control and manufacturing finance oversight with sector exposure spanning textile, power, FMCG, and public institutions.

• Planned and executed statutory audits and half-yearly reviews for listed companies, SOEs, and NGOs under ISAs and ISREs, managing risk assessment, control evaluation, and 100% on-time reporting.
• Led group consolidation audits including intra-group reconciliations; coordinated with tax, legal, IT, actuarial, and valuation specialists on complex multi-division engagements.
• Performed internal audits assessing control design, operational efficiency, and compliance; issued findings reports with prioritised corrective action plans for management.
• Conducted forensic assignments identifying ghost vendors, procure to pay control failures, and gaps in segregation of duties; prepared management reports with root cause analysis.
• Executed agreed-upon procedures: fixed asset register preparation (ICAP TR-06), inventory verification, and account reconciliations across manufacturing and retail clients.
• Advised on revenue recognition (IFRS 15), lease accounting (IFRS 16), financial instruments & ECL (IFRS 9), government grants (IAS 20), and related-party transactions (IAS 24).
• Supported month-end close and statutory financial statement preparation for clients.
• Directed audit teams of up to 15 professionals across concurrent engagements, overseeing resource planning, quality review, and deadline delivery.
• Presented cost analysis, variance commentary, and management accounts to CFOs and higher management; consistently bridged financial data and operational decision making.
• Mentored junior finance and audit staff; established documentation and review standards that improved team output quality across engagements.

Chartered Accountancy (CA) - Accountancy - Institute of Chartered Accountants of Pakistan (ICAP) (2018)

BS - Accounting & Finance - Virtual University Pakistan (2026)