abrar karim

 Manage accounts receivables cashiers, Assistant Accountants & Accountants and support them in
 Reviews collection reports to ascertain status of collection and balances outstanding and evaluates effectiveness of current collection policies and procedures.
 Supervises the account receivables staff in collecting the delinquent accounts receivables and report to Deputy CFO.
 Oversee/Perform the Process of collections, cash Application, credit management and billing activities in accordance with specific deadlines.
 Manage the monthly reconciliation of other AR related accounts (such as un-applied cash, unclaimed credits, accruals, bad debts, charge- backs & Credit Card)
 Monitors/reconciles customer account details for non-payment, delayed payments and other irregularities.
 Oversees and/or performs research to solve payment discrepancies.
 Generates and analyzes aged account analysis as necessary.
 Reviews current policies and procedures and modify as necessary to ensure most efficient and effective methods are being employed.
 Preparation of AR schedules used for internal and external reporting.
 Establish the company receivables and work with other departments to resolve any outstanding issues.
 Applies customer payments by recording cash, cheques and credit card transactions.
 Prepare Adhoc Reports as requested by Deputy CFO and CFO.
 Extensively Involved in Implementation of ERP Process

 Handling the entire accounting and finance functions of three companies.
 Responsible for Controlling of Company’s financial matters up to finalization Trail Balance, Profit & Loss A/c and Balance Sheet independently according to IAS & IFRS.
 Managing Accounts Receivables/ Payables and controlling cash flow to get maximum (ROI)
 Examine and evaluate financial and information system, recommending controls to ensure system reliability and data integrity.
 Develop financial management accounting system to facilitate management decision making.
 Ensure the effective management for financial operations, supervision and assisting Accounts & Sales Staff.
 Responsible for detailed evaluation, internal control, audit reviews, maintaining appropriate audit evidence, developing the audit observations and ensuring timely completion.
 Preparation of monthly financial reports, Budget statement, Break Even Analysis, Product wise cost analysis, General Price setting and Cost controlling.
 Responsible for special investigations and policy procedure documents and internal Audit to verify accruals and allocation of expense and verifying monthly bank reconciliation statements.
 Preparation of Ratio, Analyzing and fixing credit limits for Customers through ERP Microsoft Great Plains Software to facilitate Sales team and visiting customers for feedback.
 Develop, execute and communicate overall financial strategy to all stockholders.

 Inspect account books and accounting systems for efficiency, effectiveness, and the use of accepted accounting procedures to record transactions.
 Currently leading and managing a team of 8 people for the execution of the engagement.
 Examine and evaluate financial and information system, recommending controls to ensure system reliability and data integrity.
 Evaluate information to determine compliance with standards.
 Perform audit testing on the financial statements as per the International Auditing Standards to independently examine the financial statements.
 Prepare working papers and complete set of financial statements.
 Prepare detailed report on audit findings.
 Preparing business plans and carrying out feasibility studies to evaluate suitability of business and investment projects.
 Perform Risk Analysis and identify areas of improvements.

My key job responsibilities include the following;
 Inspect account books and accounting systems for efficiency, effectiveness, and the use of accepted accounting procedures to record transactions.
 Currently leading and managing a team of 8 people for the execution of the engagement.
 Examine and evaluate financial and information system, recommending controls to ensure system reliability and data integrity.
 Evaluate information to determine compliance with standards.
 Perform audit testing on the financial statements as per the International Auditing Standards to independently examine the financial statements.
 Prepare working papers and complete set of financial statements.
 Prepare detailed report on audit findings.
 Preparing business plans and carrying out feasibility studies to evaluate suitability of business and investment projects.
 Perform Risk Analysis and identify areas of improvements.

 Audit planning, assessing the risks, managing the audit team, completion of work within allocated time.
 Applying test of controls/substantive tests on fixed assets, debts, leases, receivables and payables, inventory, revenue, employee compensation.
 Preparing analytical analysis (Ratio Analysis) - Profitability, liquidity, efficiency, debt management ratios and aging analysis.
 Through understanding and practical exposure of IAS/IFRS.
Audits conducted
 SGM Sugar Mills Limited (Listed sugar manufacturer)Annual Audit 2013
 Standpharm Pakistan (Pvt) Limited. (Pharmaceutical manufacturer)Annual Audit 2013
 ICC Textiles Limited (Listed Spinning mill)Annual Audit 2013
 Dawood Hercules Chemicals Limited (Gratuity Fund Audit)Annual Audit 2012
 Balouchistan Rural Support Program (Autonomous not for profit organization)Internal Audit 2012
Audits conducted
 Micro Tech (Private) Limited (Manufacturer of engineering products) Annual Audit 2012
 State Life Insurance Corporation Pakistan (Leading insurance company) Annual Audit 2012
 National Bank of Pakistan (Leading bank of Pakistan) Annual Audit 2012
Reports prepared for
 Habib Bank Limited
 Silk Bank limited.
 Faysal Bank Limited.

Reviewed, advised, and implemented accounting systems to maximize productivity, reporting, and internal controls.
 Performed monthly and fiscal year end closing.
 Preparation and analysis of monthly Income Statement, Balance Sheet and Cash Flow Statement.
 Management reporting and ensuring compliance;
 Funds management for efficient use of cash;
 Inventory management;
 Liaison with banks and handling all banking matters;