§ Self-motivated, energetic and persuasive professional trained by ICMAP & practical experience backed by total 18 years of demonstrated expertise now in accounting and financial management with extensive knowledge of internal & external audit, taxation, corporate affairs, SAP Financials, cash flow management, budgeting & forecasting.
§ Task-focused professional with expertise in all facets of financial analysis; skilled in collaborating with all members of organization to achieve business & financial objectives. Instrumental in streamlining and improving processes, enhancing productivity and implementing technology solutions.
§ Diligent professional with outstanding communication skills & solid commitment to establish relationships with clients. Has demonstrated ability to plan & prioritize workflow to meet established deadlines. Proficient in managing & developing financial reports and controls using staffing efficiencies.
· · Preparation of Annual financial statements of the company including groups accounts;
· Implementation and monitoring IFRS, IAS,
· income tax, sales tax act & rules and regulation and Review tax issues;
· Monitoring & filling of Annual Income Tax Return of companies, Quarterly Advance Tax U/S 147, Statement of withholding Tax U/S 165(1) & 149, Monthly sales tax return, revision & consumption report and managing tax audit U/S 177;
· Incorporated the new company with SECP, drafting MOA,AOA & other legal documents;
· Managing Overseas Company operation including bank dealing, VAT return filling & supply chain management;
· Monitoring & managing import, TT & export of the company including BBLC;
· RF/BG facility arrangement with Financial banking institute & non-banking institute , Lease Financing arrangement, HP, Advance Mobilization Bond and insurance matters;
· Support project analysis, validation of plans and ad hoc request;
· Cash forecasting based on sales, cash collections and purchase orders received;
· Budgeting and forecasting with periodical controls, variance analysis, management reporting and ensuring compliance;
· Performed risk assessment of the whole Control System, identified loop holes, designed and proposed Complete Control Framework of the administrative departments (Finance, Procurement, Project Management and Human Resource Department etc.). Prepared complete policy manual of the Finance Department;
ERP System design, implementation & monitoring
• Prepared and analyzed Quarterly and annual financial statements of the company including groups accounts;
• Implementation and monitoring IFRS, IAS, income tax, sales tax act rules and regulation and Review tax issues;
• Monitoring filling of Monthly sales tax return and materials consumption report;
• Filling annual income tax return of individual with comparative wealth statement;
• RF/BG, Lease Financing arrangement, HP, Advance Mobilization Bond and insurance matters;
• Cash forecasting based on sales, cash collections and purchase orders received;
• Review AP & AR aging for collections and payables meeting with staff;
• Supervision of day to day Accounting Transactions including Management and supervision of A/P, General Ledger, Payroll Fixed Assets;
• Evaluated the annual budget and defined certain guidelines to control expenditures of firm;
• Budgeting and forecasting with periodical controls, variance analysis, management reporting and ensuring compliance
• Totally responsible for import, TT & export of the company including BBLC including correspondence with SCM;
• Managing activities of shipments, tracking and timely clearance etc;
• Preparation of all export documentation for shipment from Pakistan and entry into the country of destination;
• Investigates and selects the best mode of transportation and identifies the documents required for its use;
• Schedules shipments based on sailing schedules and transit times;
• Analyze cha, forwarders, courier agents etc; to have better, economic and fast movement of cargo and documents for both imports and exports;
• Co-coordinating with CHA (custom house agent) and transporters;
• Ensures all international orders are shipped and billed timely in the system. Review purchase orders in detail for accuracy of the terms with finance;
• Co-ordinating with production / warehouse for timely shipments from factory;
• Prepared quarterly, semiannual & annual financial accounts;
• Filling Annual Tax Return of the company
• Managed all account entries and trial balances
• Handling Import Letter of Credit;
• Preparation of monthly Sales Tax Return;
• Reconciliation statements of banks, customers & suppliers’ ledger;
• Managed accounts payable, accounts receivable, and payroll;
• Preparation of monthly / quarterly schedules such as advances & accrued payments;
• Costing of Landed Raw Materials;
• Review and evaluate of monthly Inventory management report include Local purchases, Imported materials, consumption report etc.;
• Performing function of day to day Accounting Transactions.
• Handle Customers and Supplier Accounts.
• Preparation of Bank Reconciliation Statement.
• Preparation of Bill of Materials of all product lines.
• Supervision of bonded ware house records.
• Checking of Daily Production Reports.
• Supervision of computerized and manual record of workers.
• Monthly Consumption Report of Raw Materials and costing of Imported Raw Materials.
• Supervision monthly Salary, EOBI & PESSI.
• Preparation of monthly Sales Tax Return;
• Preparation of all types of Vouchers;
• Prepare monthly Bank Reconciliation Statement and Income Tax Challan;
• To handle Books of General Ledger, Cash Book, Debtors, Creditors and Sales Tax Register;
• Preparation of monthly Salary, EOBI & PESSI;
• To handle Wages and Attendance Register;