Head of Accounts & Finance
Fit Republic Limited
Total des années d'expérience :17 years, 5 Mois
Currently working as head of finance & accounts department of Fit Republik Limited - a newly formed company. Major responsibilities include:
Implementation of ERP system
Implementation of processes for finance, accounts, purchases and audit
Preparation of financial accounts
Cash flow, profit and loss projections
Reporting to MD & BoD
Liaison with external auditors
Fixed assets management
Dealing with banks
Maintenance of chart of accounts, trial balance, records and ledgers
Worked as head of finance & accounts department of 3 units of BGL - a FMCG company listed on two stock exchanges of Pakistan. Major responsibilities include:
Budget preparation, financial forecasts, cash flow projection and variance analysis
Monthly and quarterly financial reporting to Chairman, CEO and Board of Directors
Review of processes including stores, warehouse, finance etc. to identify improvement opportunities in controls and to enhance process efficiency
Client invoicing, billing, collection and reporting
Preparation and review of monthly management accounts (P&L and balance sheet) and periodic statutory accounts as per IFRS
Liaison with internal and external auditors to ensure timely completion of audits
Fixed assets management
Dealing with banks, SECP and other government organizations and departments
Managing imports, LCs and clearing of imported items
Managing ERP and coordinating with ERP provider for development
Maintenance of chart of accounts, trial balance, records and ledgers
During the period of more than 5 years with the firm, I was involved in various assignments in Assurance and Advisory Services.
The various sectors I worked in ranged from manufacturing industry to service industry including banks and stock exchange.
The assignments include external audits, risk based internal audits, full scope external audits, half yearly review, business processes evaluations, fraud investigation, development of costing and management reporting system and on special assignments.
At various external audit assignments following activities were performed
Initial planning of the job and identifying risk areas during the process
Assessment of control risk and designing the tests of controls for specific areas in consultation with the engagement manager
Designing the substantive procedures in consultation with the engagement manager
Performing the test of control and substantive procedures highlighting the issues/ matters
Reviewing the work done by the team members and getting it reviewed by the engagement manager and partner
Application of the International Financial Reporting Standards (IFRS) and preparation of financial statements in compliance therewith
Finalization of audits and presentation to Board of Directors and Board Audit Committees
Please see Job Description above (as Manager & Supervisor at Ernst & Young). I was involved in following clients during my experience with Ernst & Young:
Allied Bank Limited
The Bank of Punjab
Albaraka Islamic Bank
The Bank of Khyber
Lahore Stock Exchange
Mannan Shahid Forgings Limited
Inter-Market Knit
United Nations Development Programme (UNDP)
AB Mauri Pakistan (Pvt.) Limited
Gulistan Spinning Mills Limited
ICI Paints
Shafi Texcel
Mughal Steel
US Denim Mills (Pvt.) Limited
Paramount Spinning Mills
Everfresh Farms (Pvt.) Limited
Husnain Cotex Ltd
Ansaar Management Company
Immersion Pvt. Ltd
DHA-EME Sector
National Highway Authority
Millat Tractors Ltd.
Trans Continental Freight Pvt. Ltd.
Haseeb Waqas Sugar Mills
KHS Securities
Institute of Engineers Pakistan
I am a qualified Chartered Accountant from a Big Four firm. I've total working experience of approx. 7 years and have 3+ years post qualification experience.
