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Farrukh Iqbal

Corporate Reporting Manager specializing in financial reporting, compliance, and accounting operations

Karachi, PakistanActively looking

I am an experienced finance and accounting professional with over 15 years at Lotte Chemical Pakistan Limited, specializing in corporate reporting, financial analysis, accounts payable and receivable, auditing, costing, and compliance. As Manager Corporate Reporting, I lead financial accounts management, statutory reporting, board and audit committee reporting, related-party transactions, and analysis of profit and loss and balance sheet results for senior management and directors. I have supported strategic decision-making through accurate financial data, optimized controllable revenue expenses, conducted cost analyses, managed inventory and cash flow reporting, and coordinated internal and external audits. I am looking for a dynamic Gulf organization where I can continue learning and apply my academic and professional experience to contribute to organizational growth.

Experience

LC

Manager Corporate Reporting

Lotte Chemical Pakistan Limited

May 2024 – Present

Full time

I lead financial accounts management, financial reporting, and analysis to provide strategic insights to senior management and the Board of Directors. I optimize controllable revenue expenses, coordinate Board meeting documentation, manage related-party transactions, and provide financial information for governance. I also review the general ledger, conduct cost analysis, manage sales and accounts receivable, monitor inventory flows, coordinate external audits, and submit regulatory financial data.

Financial accounts managementFinancial reportingFinancial analysisProfit and loss analysisBalance sheet analysisControllable revenue expensesBoard reportingRelated-party transactionsGeneral ledger reviewCost analysisAccounts receivableInventory managementExternal auditsRegulatory reporting
LC

Accounting and Reporting Manager

Lotte Chemical Pakistan Limited

May 2021 – Apr 2024

Full time

I compiled the company annual report and coordinated its publication before the Annual General Meeting. I gathered and analyzed industry data to support strategic decisions, managed the accounts payable process, verified purchase orders, goods receipt notes, and vendor invoices, and coordinated supplier payments with treasury. I monitored receivables aging, prepared audit committee data, and delivered daily inventory, receipts, payments, and finished-goods dispatch reports to management.

Annual reportingData analysisAccounts payableSupplier paymentsPurchase order verificationGoods receipt notesInvoice verificationTreasury coordinationCash flow managementAccounts receivableReceivables agingAudit committee reportingInventory reporting
LC

Assistant Manager Accounts

Lotte Chemical Pakistan Limited

May 2016 – Apr 2021

Full time

I collaborated with the Company Secretary to compile and present financial information for Board and Audit Committee meetings. I ensured accurate costing of raw materials and engineering spares by incorporating relevant cost elements. I managed monthly closing activities, including journal vouchers, amortization of prepayments, and oversight of the fixed assets schedule. I also supported internal and external audits and prepared financial analyses for directors.

Financial reportingBoard reportingAudit committee reportingCost accountingRaw materials costingEngineering spares costingMonth-end closingJournal vouchersPrepayment amortizationFixed assets accountingInternal auditsExternal audits
LC

Accounts Officer

Lotte Chemical Pakistan Limited

May 2009 – Apr 2016

Full time

I prepared monthly management reports, compiled profit and loss statements and balance sheets, and supported internal and external audits. I drafted financial account notes, assembled statutory documentation, performed monthly general ledger reconciliations, maintained account coding, recorded accrued expenses, and amortized prepayments. I issued and reconciled debtor receipts, compiled statutory accounts, generated invoice and payable reports, prepared adjusting and reversing journal entries, and maintained accurate financial records.

Monthly reportingProfit and loss reportingBalance sheet reportingInternal auditsExternal auditsStatutory accountsGeneral ledger reconciliationAccount codingAccrued expensesPrepayment amortizationAccounts receivableTreasury reconciliationAccounts payableJournal entries

Education

IO
Institute of Business & Technology (BIZTEK)

Master of Business Administration (Banking & Finance)

2007

Skills

Corporate reportingFinancial reportingFinancial analysisAccounts payableAccounts receivableAuditingInternal auditingExternal auditingCost accountingAccountingFinancial statementsProfit and loss analysisBalance sheet analysisGeneral ledger reconciliationStatutory accountsRegulatory complianceRisk managementAccounts closingJournal entriesCost analysisInventory managementCash flow managementOracle FinancialsMicrosoft ExcelMicrosoft WordBoard reportingAudit committee reportingTeam leadershipCollaborationProblem-solvingTime management

Languages

English
Professional working proficiency
Urdu
Professional working proficiency
Hindi
Professional working proficiency