Awais Safdar

 Assist and facilitate the Finance Controller in achieving organization’s financial strategies.
 Responsible for AP/AR management i.e. aging of customer and suppliers and follow-ups.
 Preparation of revenue and expense budget and review of variance on monthly basis.
 Monitoring cash flow position to ensure that optimum level of funds for the smooth running of operations.
 Overseeing financial accounting, management accounting, payroll, cash flow, and stock control.
 Review of credit facility for new companies and existing companies.
 Responsible to identify the bottlenecks and control weaknesses in accounting procedures and recommending the suitable procedures for smooth operations of department.
 Liaison with internal and external auditor to facilitate them to achieve the objectives of assurance engagements.
 Preparation of income statement, balance sheet based and variance analysis for management control purpose on monthly, quarterly and annual basis. Mainly for Real Estate, Hotel and Laundry.

 Development of general strategy and detailed audit plan.
 Making detailed time budgets and coordinating with the staff to meet the reporting deadlines.
 Identifying areas of potential risk.
 Obtaining an understanding of accounting and internal control system.
 Assessing the control risk at preliminary stage.
 Evaluating the effectiveness of the design and operations through test of controls.
 Identifying weaknesses, addressing risk and giving suggestions to improve internal control system.
 Addressing and resolving significant accounting and auditing issues rose.
 Obtaining sufficient appropriate audit evidence through substantive and analytical procedures and physical stock counts.
 Complying with the International Financial Reporting Standards (IFRS) and International Standards on Auditing.
 Preparing annual financial statements for the statutory purposes as assignments.

Key Departments of Experience
Inventory/ Fixed Assets.
Accounts Payables/ Receivables.
Cash and Bank.
Final Accounts.

 Oversaw day to day financial transactions of the company.
 Prepare monthly bank reconciliation statements of all bank accounts.
 Communicate with audit team to discuss and resolve audit-related concerns.
 Liaise with clients, suppliers, subcontractors and all third parties dealing with the company.
 Posted entries into books of accounts on payroll, depreciation, accruals and provisions.
 Presenting a true and fair view of the company by preparing its financial statements.
 Oversaw accounting operations in a computerized work environment.

 Took part in development of plans for different assignments.
 Assessment of controls of Companies to assess potential risk.
 Vouching of different types of transactions.
 Addressing and resolving significant accounting and auditing issues rose.
 Obtaining sufficient appropriate audit evidence through substantive and analytical procedures and physical stock counts.
 Complying with the International Financial Reporting Standards (IFRS) and International Standards on Auditing.