Core Activities
ü  Review of Company Financials (10 Units)    > Review of Audit disclosure as per IAS and IFRS
ü  Present Cost & Price Evaluation                    > Solar system Feasibility and Implementation
ü  Accounting and Financial Management      > Proven Project Management and Exercised
ü  Cost Management and Variance Analysis    > Budgeting and forecasting on Capital Items          
ü  Income tax, S/Tax and Value Added Tax      > Assignment’s of Company Secretary
 
CURRENT RESPONSIBILITIES:
Finance & Accounts:
v  Preparation Company Accounts, (Balance Sheet, Profit & Loss Account, Cash Flow and Change
In Equities and interpret the balance sheet with the help of Ratio analysis.
v  Managed all day- to- day cash flow activities (In and out) for daily operation- report to MD.
v  Arrangement fund from banks such as (Demand & Running Finance Credits, L/C discounted, Export refinance loans, Islamic banking partnership-loan), debtors and other syndicated resources.
v  Preparation of financial forecasting report along with finance feasibility as subject to finance lease (Auto finance, Capital Item and BMR).
v  Controlled and liaison to accounts and finance departments, concerning to book keeping and ledgerizing under rules of GAAP’s IAS.
v  Managed Internal Controls (ledgers, debtors, creditors, advances, loans and taxation)
v  Funded from customers (daily cash sales and advance against contract signed)
 
Income Tax and Sales Tax
·        Advisory to Accounts and Tax department concerning in tax rules & ordinance as per FBR.
·        Keeping view & E-filling of Income tax and sales tax return as stated by quarterly and annually along with statement -165).
·        Evaluated & appraised income tax transactions under payment & receipts.
·        Compliance with Tax department of various amendments brought about in tax laws by Finance act, Statutory Regulation Orders and comments thereon.
·        Cooperation with Tax authorities (Federal & Local) and Audit firm to judiciously manage audits and examinations other (state, local, foreign) tax authorities and jurisdictions to ensure that examinations are successfully resolved with the best outcomes for the company.
·        Supervised the tax function with focus on tax compliance, management of tax examinations and controversy process, income tax accounting and reporting, and tax planning strategy

Coordinated with accounting staff and assess their performance to maintain tax provision and tax compliance which developing or implementing best practices.

·        Formulation of corporate and individual tax planning and strategy.
·        Reviewed of Sales tax return and ensure which reconciled with transactional ledgers along with claiming of refunds/input before submission to Revenue Authority.
 
Audit & Assurance:
·        Overall activities of audit and assurance including Statutory Audits, internal Audits and
Special audits.
·        Reviewed adequacy of audit documentation to ensure that audit conclusions drawn to form opinion are reasonable.
·        Responsible for planning, executing and finalizing assurance engagements in accordance with international Standards on Auditing (ISA).
·        Team briefing to engagement team members regarding nature of risks that may come across during assurance engagements.
·        Assessment of trainees and responsible for overall hierarchy of audit and assurance.
·        Facilitating the review of files, along with conclusions drawn, to the engagement partner.
 
Secretarial affairs:
·        Arrange meetings of Board of Directors and guide respective secretaries of BOD Committee in conducting respective meetings, preparation minutes in meeting which held by BOD and Committees.
·        Keeping in view all necessary compliance of Companies ordinance, 1984 and code of governance.
·        Converting the company into Private to Public Ltd and (IPO’s).
·        Deconsolidation of Middle Eastern entity and new company incorporate in Pakistan & Dubai.
·        Filing of document required under Companies Ordinance, 1984 and ACT 2017 with SECP.
·        Managed and execute of legal presence of shares fluctuations in company books and market.
·        Report to board management in fulfilling legal due diligence exercise with the SECP and Stocks.
·        Excellent understanding of Middle East corporate practice and regulation.
·        Submission of Annual Return Form A to D Form 29, Form 21,26 and other’s as required.
·        Compliance in good Association with SECP on corporate governance, Stock Exchange.
 

Group Financial Controller:
Report to Chairman/Management Committee.
 Provided Controls on internal and external activities as well as business operations and financial movements.
 Supervised (Fin & Acc.) department and control all consequence in financial areas.
 Preparation Company Accounts, (Balance Sheet, Profit & Loss Account, Cash Flow and Change Capital Equities Schedule.
 Interpret company accounts with financial ratio’s
 Maintained daily cash flow for daily operation and other necessary disbursement.
 Responsible of fund arrangement from bank and customers.
 Correspondence with bank for loan and overdraft facilities, adjustment of wrong deduction, reduction in mark up and clearance of any discrepancy.
 Funded from bank
• Running finance & Cash Finance
• Demand Finance
 Fund from customers:
• Daily sales cash customers
• Advance against upcoming period production
 Proper monitoring of markup recording in the ledger on proper way with the reconciliation from bank statement and also follow up timely payment of loan Installment along with mark up.
 Provided technical aspects that how to controls internal systems? And right way of recording system.
 Provided the awareness of IAS and IFRs and implemented the effected rules.
 Preparation of feasibility studies for financing arrangements with the financial institutions as per requirement of chairman.
Income Tax and Sales Tax

• Advisory to Accounts and Tex department on interpretation issues in the tax laws as per Uganda Revenue Authority.
• Review of VAT Return filling and claiming refunds/input before submit ion to Revenue Authority.
Corporate & Secretarial:
• To manage and scrutinize the all corporate credentials to proper files.

RESPONSIBILITIES:
(Reported to Chief Executive)

• Establish appropriate financing for day to day operating needs and monitors cash flow working capital
• Correspondence with bank for loan and overdraft facilities, Fund arrangement from bank on the basis,
• Fund from bank
 Running finance & Cash Finance
 Demand Finance
• Fund from customers: Cash Sales customers (Sugar and Molasses, etc.)
 Credit Customers (as per aging)
 Advance against upcoming period production of sugar
• Responsible for timely payment to Cane Growers, suppliers, market committee, statutory liabilities, workers payroll and bank loan installment with markup.
• Supervise (Finance & Accounts) department & Preparation of Final Accounts (Profit & Loss Account, Balance Sheet and fund flow Statement)
• Analysis of cost and financial reports, including variances between standard and actual on monthly / quarterly and annually basis.
• Preparation of Project finance feasibility as required by the management for investment on new projects or acquired of fixed assets.
• Preparation & Coordination of annual budget forecast and formulate the Cost control regions.
• Monitoring & Controlling, Other Mill activities including Union (CBA) matters, Social Securities, EOBI, WPPF, Sales tax, Excise market committee and other workers welfare Issues.
• Provide guidance and lessening to staff regarding rules of GAAP, IFRS and IAS Standards

Income Tax
• Compliance with Tax department of various amendments brought about in tax laws by Finance act, Statutory Regulation Orders and comments thereon.
• Formulation of corporate and individual tax planning and strategy.
• • Exemption Claiming with under Section 148 and 153
• E-Filing of Income tax returns and Statement of (staff salaries, suppliers and others).
Sales Tax:
• Sales tax system evaluation under the sales tax Act 1990.
• Filing of returns with the Sales tax department.
• Input tax refunds/adjustments
All corporate matters

RESPONSIBILITIES:
(Reported to Chief Executive)
 Supervised the entire areas of Accounts/ Finance department and controlled all consequence which matter of Business Operation activities.
 Maintained daily cash flow as prerequisite of daily operation and other necessary disbursement.
 Responsible of fund arrangement from bank and customers.
 Funded from bank
• Running finance & Cash Finance
• Demand Finance
• Export Refinance (Pre Shipment and Post Shipment)
• Documents discounted (Export and Local L/C’s)
 Fund from customers:
• Daily local sales cash customers (yarn and waste)
• Credit customers as per aging
• Export proceeds.
 Proper monitoring of markup recording in the ledger on proper way with the reconciliation from bank statement and also follow up timely payment of loan Installment along with mark up.
 Responsible for timely payment to Cotton ginners, Growers and workers payroll
 Prepared Final Accounts (Profit & Loss and Balance Sheet) and comprises Notes under necessary obligation of listed company.
 Prepared financial analysis components and sketch report on financial effects,
 Evaluation of Cost Analysis on daily production and recommend Variances effect after CVP Analysis, Marginal & Absorption, Seasonal cost effects.
 Prepared feasibility reports and Project modeling appraisal on management stipulation.

General:
 Provided guidance and lessening to staff regarding rules of GAAP, IFRS and IAS Standards
 Watched over the essential areas of corporate affairs, Income tax and Sales tax.

              (Reported to Managing Director)

Supervised Accounting & Finance department
Dealing with bank on daily fund disbarment and short term finance activities
Prepared Final Accounts (P &L Accounts and Balance Sheet),
Preparation of daily fund flow statement, Financial Analysis and reporting writing).
Arrangement fund from banks such as (Demand & Running Finance Credits, L/C discounted)
Costing analysis and controls with standard costing system
Settlements of Taxation & Corporate matters.

·        Cotton Reconciliation from Issuance for Production and get Production Yield including
Waste material and measured quantity with cotton consumption
·        Yarn Reconciliation while Issuance for fabric Production seeing that construction wise (warp & weft)
Along with Waste material and measured with Yarn consumption and fabric yield.