Ashraf Bari
COST ACCOUNTANT | FINANCIAL ACCOUNTANT
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About
Results-driven and detail-oriented Cost Accountant / Financial Accountant with over 20 years of hands-on experience in corporate financial management, cost accounting, inventory valuation, and general ledger control. Specialized expertise in Letters of Credit (LC) operations, bank reconciliations, tax compliance (SST), and payroll management. Highly proficient in leveraging Microsoft Dynamics AX ERP and Advanced Excel to optimize accounting workflows, maintain robust internal controls, and drive strategic decision-making.
Experience
Accountant - Malik Associates - Karachi, Pakistan
(2025-10 - 2026-07)
- General Ledger & Ledger Control: Managed end-to-end journal entries, maintained comprehensive general ledger controls, and performed routine reconciliation to guarantee 100% data integrity.
- Banking Operations & Reconciliation: Oversaw daily banking activities, monitored cash flow movements, and produced accurate monthly Bank Reconciliation Statements (BRS).
- Taxation & Legal Compliance (SST): Liaised directly with tax legal counsel to handle Sindh Sales Tax (SST) regulatory filings, documentation, and compliance queries.
- Payroll Management: Engineered and verified monthly payroll and salary sheets, ensuring precise tax withholdings, allowances, and timely disbursements.
Cost Accountant / Accountant - Baz International Factories - Jeddah, Saudi Arabia
(2003-05 - 2025-09)
- LC Management & Bank Relations: Executed complete LC lifecycles, coordinating with international banks and suppliers for LC issuance, amendments, shipping docs, and trade regulations.
- Procurement & Cost Control: Managed international raw material procurement costing, optimizing expense allocation across freight, custom duties, insurance, and banking charges.
- Production & Inventory Costing: Monitored daily manufacturing order costs, controlled spare parts valuation, and directed annual physical inventory audits.
- Financial Reporting & Budgeting: Prepared variance analysis and cost reports; assisted executive management in strategic annual budgeting and financial forecasting.
- ERP Automation & Audit: Leveraged Microsoft Dynamics AX to automate workflow entries, resulting in a 100% audit pass rate and enhanced data integrity.
Education
M.B.A. - Finance & Accounting - Preston University, Karachi (2003)
ACMA (Part 3 Qualified) - Professional Accounting Qualification - Institute of Cost & Management Accountants of Pakistan (ICMAP)
Bachelor of Commerce - B.Com - University of Karachi (1999)