Working along with the Board and Senior Management, I\'m responsible for all aspects of the Business Finance Strategy, which besides overseeing the routine Finance and Accounting matters, focuses on the analysis of business performance and preparation of the Monthly financial presentations, for reviews with the Board and Shareholders. I\'m also responsible for the Company\'s Cash flow management, Budgeting, Forecasting, Treasury, Tax, Audit, Compliance, investor relations, and planning for all the Business Division in terms of their financial performance and impact on the Company\'s bottom line.
While overseeing the general accounting function and treasury matters, my key contributions were:- Structuring of the Finance department, and Finance-Ops department, including the setting of objectives and preparation and documentation of JDs for the teams.- The hiring of Finance & Finance-Ops Resources, and Functional leadership of the teams.- Strategic & Operational financial planning, analysis, performance management- Implementation of Accounting Standards (IFRS, US GAAP, and MPERS/ MFRS), policies and internal controls.- Filing and submission of tax forms for both US and Malaysian entity (Form 1099, W8-BEN, W-8BEN- E, W-9).- Quarterly MSC Reporting to MDEC, and preparation of CI documents.- Liaison with IRB on tax-related matters.- Monthly, Quarterly, and Annual Reporting of Consolidated Financials, including Management Reports and working papers.-Calculating and charging Transfer Pricing between different subsidiaries, and holding company.- Creating forecast and cash projection reports for efficient cash management and decision making.- Preparation and controlling of budgets, for all the business divisions.- Managing cash flows, bank relationships, and all tax related issues.- Monthly Payroll review and approval, and liaison with HR to ensure correct processing of payroll including compliance with tax laws for local and expat staff.- Preparing and presenting effective and accurate business analysis, and providing Financial advice to other departments (HR, Legal, Ops, IT).-Finance training sessions for Company\'s Executives, and the leadership team to help them interpret financial data and make decisions.-Assisting in setting up the subsidiary company in other countries.

My key contributions besides routine work were:-Development of Finance plan for the year 2016-17.-Setting objectives for the finance department and defining JDs for the finance staff to achieve those objectives.-Filing of monthly US State Sales tax returns, and property tax return for US.-Filing of Annual Reports to the US State Revenue Department.-Filing and renewal of registration, and annual reporting to the US state authorities.-Liaising with the tax attorneys for the correct filing of annual corporate tax return, and estate return in US, Ireland, Puerto Rico, Australia and Italy.-Development and automation of credit cards control process.-Development of expense control sheet, receivables control sheet, and distributors\' reward control sheet, for integration into the ERP system.-Preparation of documents for the ERP development team describing impacts of various financial transactions including transfer pricing and currency exchange impacts.-Monthly, Quarterly and Annual closing of books, and Financial Reporting of all the subsidiaries and Parent company (US, Ireland, Puerto Rico, Australia and Italy).

While leading the Finance Department in Pakistan, the following were my major achievements;-Timely, proper, and accurate monthly, quarterly, half-yearly, and annual Closing and Management Reporting for both local and central management.-Developed Chart of Accounts local and assisted in the preparation of COA for Global reporting.-Filing of monthly withholding tax statements.-Advocating Company on tax issues, avoiding tax penalties.-Recoveries of long outstanding dues from affiliated parties.-Negotiating preferential rates for foreign remittances and filing of Form R.-Budget preparation, monitoring, and variance analysis along with reasoning.-Ensured strict regulatory compliance by performing all the secretarial/legal tasks.-Ensure strict tax compliance.-Developed SOPs and provided mentoring services for various HR, Admin functions.-Design and implementation of the new procurement process.-Auditing of payroll & employee benefits.-Preparation of Fixed Asset register as per TR 6 of the ICAP.-Conducted reviews and evaluations for cost-reduction opportunities, and communicated the same to management.-Preparing Cash flow reports and fund flow reports including projections.Reviewing the operational performance in line with the Business Plan.-A/R and A/P aging analysis to ensure all overdue and outstanding accounts are cleared timely.

My major achievements are:- Conducted Special/ Investigation Audit of Japan Power Generation Ltd (JPGL), and Tricon Developers (TD). Reported observations and findings to the Board of Directors regarding Financial and Management aspects. Further, made a presentation before the Board regarding the aforesaid assignment and proposed strategies for revival suggesting fund sources. Liaised with the enforcement division of Securities and Exchange Commission of Pakistan for the finalization of Reports.- Developed SOPs for Accounting and Finance functions of Security and Exchange Commission of Pakistan (SECP), in the purview of Oracle Financial system, and prepared a comprehensive Accounting & Finance Manual.- Designed procedures for the Audit Wing of Sindh Revenue Board (SRB) for the smooth and transparent conduct of Tax Audit of both corporate & individual taxpayers. Prepared a comprehensive checklist & Manual for the same.- Designed SOPs for the Internal Audit Department of SRB & prepared a comprehensive guide.My responsibilities further included:- Preparation of Financial Statements for listed and unlisted clients, providing financial advisory services and suggesting improvement strategies for strengthening internal control system.- Development of training modules for the students and Audit trainees on IAS/IFRS, and Audit Quality Control and conducting training sessions thereon.- Review of Audit Reports issued by the Firm and working paper files to ensure compliance with the firm’s system of quality control.- Planning, supervision, and finalization of Audit engagements assigned to the Firm, preparation of deliverable. (JPGL, Tricon Developers, Fauji Foundation Hospital, NRSP, CAMP, Addetude (Pvt) Ltd, Pakistan Madrassa Board, Bio Care Labs, SME Bank Provident Fund & Equity Participation Fund)- Updating the Firm’s Quality Control Manual, and QCR documents as and when required in the purview of ISQC-1 and Quality Control Guidelines issued by ICAP.

I was involved in the Statutory and Internal Audit of financial statements of certain Manufacturing concerns, Bank, Hospitality business, NGOs, Oil drilling and exploration companies. Some of the prominent are;-Inter State Gas Systems (Private) Limited-Pakistan Stone Development Company (PASDEC)-NLC Izhaar Construction Solutions-First MicroFinance Bank (FMFB)-Islamic Relief Pakistan (IRP)-Transasia Refinery (TRL)-Development in Literacy (DIL)-Agha Khan Cultural Support Program (AKRSP)-Mercy Pak-UNOCHA Project (UN)-International Organization for Migrants (IOM), etc.-MarriotAttending the following Courses and training during my stay at KPMG- KPMG E-Audit- KPMG Audit Manual (KAM)- Risk Management- Ethics & Independence- Data Privacy TrainingMy role in Tax department was:- Preparation of working of provision for taxation (current as well as deferred) for recognition in the financial statements of the corporate clients.- Preparation of returns of total income of various corporate clients.- Preparation of monthly and annual withholding tax statements.- Computation of taxable income and tax liability of the salaried individuals- Preparation of reply to notices issued by the tax authorities for amendment and rectification of assessments of the clients.- Preparation and filing of an application with the tax authorities for issuance of exemption certificates under different sections and follow-up visits with tax offices for the issuance of exemption certificates.- Appraisal of the status of tax affairs to the auditors in relation to the audit of the financial statements.