Assistant Finance Manager
Razia Shafi Life Care Hospital
Total years of experience :11 years, 5 Months
Preparing financial statements, reports, and forecasts for the business to ensure financial stability.
Drafting budgets, income statements, balance sheets, tax returns, and reports required by regulatory authorities.
Managing the risks involved in the financial activities of the business.
Estimating short and long-term financial objectives by setting performance targets.
Compiling financial reports and supervising month-end processes.
Managing and monitoring metrics, KPI tracking, and reports for the financial department.
Evaluate the financial performance of the organization and measure returns on investments.
Liaison with financial institutions for stable Financial management.
Liaison with tax authorities for resolving GST and Corporation tax issues.
Statutory Internal, Tax and transfer pricing Audit.
• Oversee all company accounting procedures, analyzing financial data
• Preparing financial statements/reports for senior managers,
• Closing trial balances as per IAS, IFRS, and GAAP.
• Maintain financial records critical to business operations, including Local and International Letter of Credit Portfolio, general ledger, receivables, payables, reconciliations, payroll (per WPS requirements), inventory, and fixed asset management.
• Supervise and review recording and reporting of company financial data.
• Analyzing group Exposure to Letter of Credit Risk Portfolio.
• Timely and accurate processing of local and international letters of credit and open account payment to the assigned banks, including approval of submitted letters of credit requests, clearing discrepancies, amending LC/OA as required, reviewing payments for accuracy and assisting to resolving any issues.
• Dealing with bank for Processing Letters of Credit under Commodities contracts
• Prepare accounts payable aging report through Oracle, accurately reconciling the account.
• Investigate and resolve financial irregularities
• Directly liaise with external auditors, banks, and other financial institutions regarding pertinent issues.
• Ensure continuous development & improvement of the procedures within the finance department.
• Devise and implement internal controls to ensure adherence to applicable regulations.
Key Accomplishments:
• Finalizing and Publishing accounts for a company listed on London Stock Exchange.
• Implemented internal controls to ensure appropriate channels were followed and all applicable costs were sufficiently analyzed prior to contract finalization, resulting in significant cost savings.
• Directly oversaw the accounts payable module, reviewing each invoice to ensure amounts billed were accurate; and ensured inter-company transactions were reconciled, prepared, and remitted.
• Supervise, direct, and review work of staff members, resolving complex accounting issues.
Prepared the final deliverables of the clients which includes Audit / Review reports, Board Letter, Management Letter and Engagement Letter.
Preparation of the Financial Statements in line with the provisions of IFRS.
Involved in consolidation process and reconciliation of financial statements of subsidiaries with parent companies and review of accounting treatments.
Prepared analytical analysis (Ratio Analysis) - Profitability, liquidity, efficiency, debt management ratios and aging analysis.
Managed and Supervised audit teams in capacity of audit in charge.
Evaluated the entity’s control environment and identified the control deficiencies and provided recommendations
Preparation of the working papers and performing Audit Procedures in accordance with the KPMG Audit Methodology (KAM).
Performed analytical and substantive procedures for risk assessment both at planning and assertion level.
ACCA Member
