Ammar Tariq khanzada ACCA

My responsibilities includes:

• Overall supervision of Accounting & Finance Function of the company;
• Summarizes financial status by collecting information; Preparation of monthly and annual accounts report, accompanying schedules, worksheets and narratives, including “Budget vs. Actual” variance reports for management and regulatory reporting in accordance with applicable financial reporting standards further also assist in providing follow-up and documentation of significant variances
• Dealing with Financial Institutions/Banks in financial matters of the company including establishment of letter of credits (LCs) and foreign remittances. This also includes analyzing the requirement of running finance and long term loans. Supervise the dealing with the banks for routine banking transactions and also supervising the daily bank and cash management procedures;
• Reviewing different reports (Monthly Receivables, Payables, Bank Reconciliations etc) generated by subordinates and presenting the same to CFO in order to take appropriate decisions;
• Handling the Income Tax and Sales Tax matters such as supervision of filing of Sales Tax Returns, Income Tax withholding statements & Sales Tax, Income Tax audits and dealing with other regulatory bodies related to the day to day business and also ensuring that the income tax and sale tax payments are made within the deadlines;
• Liaising with external auditors and provide necessary financial information to ensure annual audits are finalized within deadlines and ensuring that the observations are dealt in accordance with applicable standards;
• Supervising staff for performance of their duties and tasks and ensuring that the staff is utilized most efficiently;
• Keeping abreast of changes in financial regulations and legislation such as IFRS, ISA and changes in the regulations of inland authorities.

Anjum Asim Shahid Rahman (AASR), a member firm of Grant Thornton International, is a leading firm of chartered accountants and management consultants committed to providing the highest quality of professional services in accounting, auditing, taxation and consultancy.
I worked there as an audit Semi Senior in the internal audit department of the firm.

My Responsiblities include:

• Overall planning of Assignment, conducting initial planning meetings with clients to understand & co-develop expectations and designing audit strategies in consultation with the Engagement Partner, after assessing the underlying audit risk in the light of risk assessment of the client’s overall control environment;
• Communication with the clients to obtain and understanding of the client business and discuss the significant matters and risks relating to significant cycles;
• Critical review of the clients’ system of internal controls and highlighting the deficiencies using Auditing Software tools;
• Reviewing working papers and getting the deliverables reviewed by a manager, partner and their sign off;
• Coordinating with various professionals; managing staff and mobilizing resources on the project;
• Ensuring the budget recovery milestones were attained;
• Managing client relationship and filling the expectation gap;
• Ensuring that planning, execution and reporting on audit and other assignments are appropriately documented as required by professional standards; and
• Ensuring that appropriate disclosures in financial statements have been made in accordance with International Financial Reporting Standards (IFRS) as adopted by the Institute of Chartered Accountants of Pakistan (ICAP) and Securities and Exchange Commission of Pakistan (SECP), Accounting and Financial Reporting Standards for Small and Medium Size Entities together with the requirements of Technical Releases issued by ICAP and Companies Ordinance 1984.