Chashma Ethanol Fuel plant is a unit of Chashma Sugar Mills Limited, a listed company, and a subsidiary of PREMIER GROUP.

Management Accounts: Analysing and reporting on financial & non-financial performance
Liaising external audits and finalizing statutory accounts
Supervising, training, and grooming sub-ordinates; areas include: Payables | Receivables | Inventory | Fixed Assets | GL | Payroll | Banks | Sales tax | Income tax
Implementing accounting policies, SOPs and ideas for improvement in processes, accounting, and internal controls.
Day-to-day analysis and meeting management’s special reporting requirements.
Coordination with ERP and other departments to resolve issues and cater to new scenarios.
Quarterly performance review report on the annual approved budget.
Coordination with ISO auditors for obtaining & renewing ISO certification mainly the KOSHER, GMP, ISO 9001, and ISO-14001 for the Distillery unit.

Chashma Ethanol Fuel plant is a unit of Chashma Sugar Mills Limited a listed company and subsidiary of PREMIER GROUP.
                       OUTSTANDING ACHIEVEMENTS:

Monthly closing and reporting pack by the 10th of every month
Ignited the change by challenging the status quo, so left the traditional excel based working and introduced the POWER BI-based management dashboards; areas include: DPR | Aging | Financial Statements | Inventory | Procurement.
Analyzed store consumption of last 5 years to identify some overlooked expensive items being excessively consumed every next year and causing losses of around Rs.10m every year. The findings recognized massive control measures taken by the technical team gave the potential saving in the next year.
Introduced and implemented the machine-wise cost centers in ERP to obtain the machine-wise store consumptions to compare the performance of similar machines in-term-money.
Due to the absence of an aging module in the existing ERP, developed and implemented an independent automated aging module integrated with the existing database. This helped us to identify and recover Rs. 1 million which was forgotten and hidden in the time-barred balances.
Submission of the report with a complete road map for developing the paperless office environment.
The first time introduced the concept of preparing the accounts at a single click in excel without manual linking from the trial balance. And these accounts are now used as base working by the external auditors during audits.
Implementation of ERP solution for a new subsidiary company of Chashma Sugar Mills Limited

Matco Foods Limited is a listed company. It deals in manufacturing of exportable rice since 1964.

Responsible for planning, executing, and reporting on operational Process of the Factory and submission of monthly audit reports.
Plan Operational Process Audit submits for Approval to Managing Director.
Leads Internal Audit team to execute Internal Audit Function
Prepare a control environment to establish internal control and ensure its implementation across organization with management approval & supports.
To evaluate existing control environment within the organization SOP for improvement
To prepare a complete control framework for a strong control environment internal control structure.
To implement approved Internal Audit plan
Review of Policies, procedure and recommend improvement accordingly

 



My experience in assurance and related services had enabled me to develop management and leadership skills and a comprehensive understanding of the competitive and regulatory environments and diversified industries including the accounting and internal control systems implemented at various organizations. During my training, I was involved in:
   

Effective planning and execution of audit engagements as per of ISAs.
Business and audit risk assessment and Evaluation of internal controls and recommendations.
Advice to clients on financial and non-financial matters.
Assistance in the preparation of financials under IFRS.
Supervision, review and finalization of assurance engagements including preparation of deliverables and resolving audit differences observed during the fieldwork and taking timely decisions on significant matters.
Liaison with client's management to determine their needs with respect to deliverables as well as timelines and manage clients’ expectations.
On job training and professional development of junior team members.
Audits & special assignments were related to a diversified portfolio of clients i.e. Textiles | Sugar | Ghee | Software | Cables.
Accomplishments include:
Preparation of a book keeping workbook in MS Excel for recording transactions leading to preparation  of financial statements for small firms | Prepared recruitment test and criteria for firm's bi-annual induction | Managed QCR | Preparation of Consolidated Financial Statements | Re-statement in FS | Fixed assets revaluation | Promoted to audit senior just after 2 years.

ShineWing Hameed Chaudhri & Co., established in 1957, is a member firm of ShineWing International. I got here diversified experience in external audits, various assignments of different nature including internal audits, statutory audits, limited scope reviews, special nature advisory engagements, book keeping and drafting financial statements. I worked on more than 40 assignments which include these sectors: Textile, Food, Poultry Feed, Hospital, Stock exchange, Cables, Insurance and Software house.