o Actively managing team through planning, execution and finalization of various tasks.
o Involve in tax advisory related to direct and indirect taxes.
o Preparing, reviewing and e- filing of income tax [direct tax] and sales tax returns [indirect taxes] of the clients.
o Routine compliances of the notices received from the tax department.
o Attend hearings and liaising with tax authorities for resolution of tax observations of clients
o Drafting, filing and contesting appeals before Commissioner Appeals and Appellate Tribunal on behalf of clients.
o Perform tax health check
o Consultation on significant matters with various professionals such as lawyers, other relevant experts.
o Provide reply against tax confirmations to statutory auditors of the clients.
Engaged in teaching profession since 2010 - Summary:
1-Visiting faculty at Institute of Business Management - Janaury 2020 to date (Major Subject includes Corporate/Business Laws and Auditing)
2- Visiting faculty at KnS Institute of Business Studies - December 2014 to date (Major subject Advance Accounting)
3- Home Tutor - 2010 - 2016
(Completed mandatory CA articleship in March 2018 and rejoined in June 2018 as Senior Supervisor before gettingpromoted to Assistant Manager in February 2019 and to Manager in August 2019)
During my 6 years association with RSM, I had performed several statutory audits, half yearly reviews, internal audits, agreed upon procedures and different accounting assignments. This enabled me to develop a comprehensive knowledge and understanding of the competitive and regulatory environments of diversified industries, key business processes and internal control systems. My major portfolio comprised of manufacturing, non-banking financial sector (modarabas – Islamic finance), non-profit organizations & media industry. My key responsibilities in Assurance deparment includes:
Engagement planning based on the understanding of the client’s business processes and assessment of businessand audit risks, superv ision of the engagement, rev iew and finalization, including close liaison with client's management. Leading large teams and managing all facets of engagement (engagement proposal, budgeting, planning,execution, finalization and billings). A ssessing business and audit risks and coordinating with v arious professionals such as lawy ers, actuaries,independent v aluators and information technology experts. A nalysis and Ev aluation of client’s financial data. A ssisting clients in preparation of financial statements in accordance with the applicable financial reporting frameworkincluding compliance with International Financial Reporting Standards (IFRS) , International Financial ReportingStandards for SMEs (IFRS for SMEs) , A FRS for Small Size companies issued by IC A P and local corporate lawsanddirectiv es of regulatory authorities. A ssisting the director for the resolution of significant issues at both partner and client lev el. Ensuring timely completion of assigned work and securing and enhancing relationships with senior clientmanagement and deliv ering v alue to the client by prov iding knowledge, ideas and solutions. Drafting communications to client’s A udit Committee or Board of Directors, including recommendations toimprov e their financial reporting and operational controls. Prepare client deliverables, including financial statements, internal control reports, audit reports, and managementletters.
ACCOUNTING SERVICES
During my engagement in accounting services, my key responsibilities includes:
· Posting journal entries in the software
· Prepares payments by verifying documentation, and requesting disbursements.
· Ensuring bank reconciliations
· Ensuring proper recording of revenue as per reporting framework
· Ensuring proper aging of Receivables & Payables
· Cashflow forecasting
· Monthly budgets reporting to MD
· Withholding of taxes both direct and indirect
· Preparation of financial statements
· Maintains accounting controls by preparing and recommending policies and procedures.
· Analysing accounts and business plans
· Value addition work in the existing work environment