Proactive and result oriented professional accountant having 5 years of diversified experience in Banking, Finance, Risk Management, Taxation and Audit & Assurance Services with Allied Bank Limited and Audit Firms. Well-disciplined with proven ability to manage multiple jobs simultaneously, delivering outstanding results under stringent deadlines. Proven ability in conducting in depth analysis of financial data and assessing financial health of companies through systematic analysis of past and projected financial performance.
Currently working in Farooq group of companies having different ventures like Hospitals, Medical Colleges, Pharmacies, MRI Centers and Shopping Mall as a Group Accountant. My role involves;
Presides over account reconciliations; makes sure all supporting documents are in order, reviews all account entries then prepares a summary of recommendations.
Leads and oversees the closing responsibilities of the accounting team; performance of all key tasks must be done within the prescribed time-frame.
Periodically reviews all accounting guidelines, policies, and procedures; introduces amendments as necessary for the purpose of improving accuracy, risk control, and for timely reporting.
Performs both internal and external audits; provides complete, comprehensive reporting to all group entities' managers, officers, and directors.
Prepares Financial Statements of the group; conducts comprehensive analysis including recommendations for streamlining costs and funding revenue generating programs.
Collaborated with the IT department during the implementation of change management policies.
Attended to the group’s tax obligations; reporting, review of statements, documentation, and reconciliation.
Prepared monthly, quarterly, and annual forecasts for the company including the budget for the year.
Working in different departments of ABL for CA Articles has added much to my knowledge as to overall operations of the bank and working in the corporate environment. My role and responsibilities include;
Preparation and filing of Monthly/Bi annually Withholding Income Tax Statements and provide assistance in submission of Monthly and Quarterly Sales tax & FED Returns to FBR and other Provincial Tax Authorities.
Assist in implementation of any new tax change in IT systems so that correct tax shall be collected from customers.
Reviewing credit applications prepared by the business units, while identifying key risk elements, finding ways to mitigate them in accordance with the bank’s Credit Policy & Procedure Manual while ensuring compliance to SBP Prudential Regulations.
Evaluating client’s credit worthiness, financial health and operational efficacy along with keeping bank credit exposures within prescribed set risk appetite/exposure levels based on client risk grade.
Preparing comment sheet/office note for finalization of approving authorities after addressing deficiencies of credit application in coordination with Relationship Managers.
Assisted in Preparation of interim & annual financial statements/reports, including consolidated financial statements and ensuring that financial statements comply with all the applicable laws and International Financial Reporting Standards, both for domestic and international operations of the Bank.
Perform audits in line with the engagement plan under supervision of team leader.
Perform audit tests, not a part of BAC (Branch Audit Checklist), required by specific operational areas or situation and draft exceptions accordingly.
Check compliance of previous audit reports as allocated in the Engagement Plan.
Discuss Audit findings, with the auditee, under the supervision of Team Leader and Manager Audit, if deemed necessary.
Draft Audit Report of audit activities performed.
9 Months experience as an audit & accounts trainee for the purpose of CA Articles which includes following assignments:
Diamond Paints-Annual Audit
Fauji Fresh & Freeze-Sales & Receivable Audit
Levi’s-Stock Audit
Pepsico Pakistan-WPPF Audit
Lays (Pepsico)-Trade Promotion Report
• Maintaining all Accounts and Filing Tax returns.
• Managing warehouse and reconciling stock reports.
• Supervising and assigning duties of technical and other staff and overseeing the factory operations.
• Reporting overall business operations to CEO.