Muhammad Shawal

Results-driven Accounting & Finance Professional with 5+ years of progressive expertise in Oracle ERP, CETEC ERP, IFRS-compliant financial reporting, accounts payable & receivable management, and bank reconciliation. Proven ability to eliminate financial errors, optimize month-end close cycles, and strengthen internal controls across multi-entity operations. Delivered 100% accuracy in bank reconciliation (BRS), reduced vendor errors by 30%, and streamlined account closures through systematic vendor ledger reconciliation and Chart of Accounts restructuring.

Expert in payroll processing, import/export documentation, cash management, budget forecasting, and preparing financial statements aligned with IFRS, GAAP and GULF accounting standards. Trusted by senior leadership for converting complex financial data into strategic recommendations that drive profitability and operational efficiency.

Senior Accountant at International Delivery Express (Pvt) LTD (2026-07 – Present)

• Manage complete Accounting and Finance operations across 5 branches in Lahore, Sialkot, Faisalabad, and Islamabad, using Zoho Books and MCS Worldwide.
• Manage end-to-end cash flow and prepare financial statements for the company's logistics and freight forwarding operations.
• Oversee cargo, airline, and vendor payments, ensuring accurate and timely settlement across shipment and freight transactions.
• Run complete payroll for all staff, including salary structure design, statutory tax calculations, and disbursement.
• Perform bank, airline, cargo, and customs reconciliation with detailed cost analysis to support accurate financial reporting.
• Achieved full Accounts Receivable and Payable reconciliation in under 15 days, accelerating cash inflow visibility across all branches.
• Closed the United Kingdom (Euro) ledger, resolving a previously unjustified outstanding balance.
• Own budgeting of inflows and outflows, tracking actuals against forecasts to support cash flow planning and decision-making.
• Draft, negotiate, and manage vendor contracts, maintaining compliance with payment schedules and contractual terms.
• Manage accounts payable and receivable cycles, including shipment handling costs, to maintain healthy working capital.

Assistant Accounts Manager at Solehri Brothers (2026-01 – 2026-07)

• Managed reconciliation for 300+ vendor account monthly, ensuring accurate final payment reconciliation and timely settlement of outstanding balances.
• Draft, review, and manage vendor contracts (internal and external), ensuring compliance with agreed terms, payment schedules, and legal obligations.
• Prepared and analyzed monthly Trial Balance extracts with full P&L and Balance Sheet reconciliation, ensuring 100% financial accuracy and IFRS compliance across all reporting periods.
• Executed Bank Reconciliation Statements (BRS) with zero variance achievement, identifying and resolving all outstanding entries and reconciling bank discrepancies.
• Negotiated and administered vendor contracts enforcing compliance with payment schedules, legal terms, and contractual obligations across 50+ supplier relationships.
• Managed import/export operations, preparing customs declarations, legal documentation, and regulatory compliance records in alignment with Pakistan Customs Authority.
• Collaborated cross-functionally with procurement, logistics, and finance leadership to resolve financial discrepancies, streamline vendor closure processes, and optimize month-end close procedures.

Accounts Officer at Goldstar Medical Instruments (2022-07 – 2026-01)

• Maintained 100% accuracy in Bank Reconciliation Statements (BRS) across 3.7 Years, eliminating discrepancies, supporting clean audit trails, and enabling error-free statutory reporting.
• Processed 400+ vendor invoices monthly through complete Accounts Payable cycle—receipt, validation, approval, and posting—with zero payment delays and 100% accuracy in ledger entries.
• Managed Accounts Receivable collections and credit follow-up, reducing credit time and accelerating cash inflows through systematic payment reminder protocols.
• Coordinated monthly payroll processing for all departments in partnership with HR, achieving 100% on-time and error-free salary disbursement to 250+ employees across tenure.
• Reduced vendor disputes by 30% through structured monthly ledger reconciliation, proactive supplier communication, and systematic resolution of billing discrepancies and payment variances.
• Supported PKR 52 Million weekly budget planning cycle by tracking actual expenditures against forecasts, delivering weekly variance reports and improving cash flow forecast accuracy.
• Prepared monthly AP Aging Reports and financial variance analyses, enabling procurement and finance teams to priorities payments, optimize working capital deployment, and manage cash position.
• Assisted in period-end close activities including journal entries, accruals, prepayments, and expense allocations, delivering IFRS-compliant financial statements on schedule every month.
• Maintained and strengthened internal financial controls, demonstrating consistent compliance with organizational policies, audit procedures, and providing complete documentation packs to external auditors.

Cashier at Goldstar Medical Instruments (2021-03 – 2021-12)

• Achieved zero cash variance across entire 10-month tenure through disciplined daily opening and closing cash-in-hand reconciliation, establishing flawless cash management record.
• Posted daily financial transactions into CETEC ERP with precision, improving data accuracy and enabling seamless month-end audit processes without reconciliation delays.
• Enforced petty cash controls and advance issuance protocols, eliminating cash misuse, reducing discrepancies by 100%, and enhancing expense audit readiness across operational departments.
• Organized financial documents in structured filing systems, ensuring complete accessibility and full audit readiness for monthly and annual financial reviews.

Bachelor of Business Administration in Finance – University of Sialkot (2018 – 2022)

Intermediate (I-Com) – Superior College Sialkot (2016 – 2018)

Matric (General Science) – Govt. Jinnah Efficiency Model High School (2014 – 2016)