Memoona Abdul Wahid

• Effectively led, supervised the accounting department, fostering seamless collaboration with other departments such as import, export, and finance to ensure timely communication and information sharing as required.
• Maintained close liaison with the CFO and CEO to support overall organizational objectives and align financial strategies.
• Evaluated and improved chart of accounts, accounting systems, and procedures to meet organizational needs.
• Prepared accurate and comprehensive financial statements for internal and external reporting.
• Ensured meticulous application of accurate accounting treatments and adherence to International Financial Reporting Standards (IFRS) for all transactions, diligently reviewing and approving all accounting entries in the ParaTech accounting software.
• Defined and approved new customer and vendor in the ParaTech accounting software.
• Reviewed vendor, customer, and bank reconciliations on timely basis.
• Approved payments for vendors and ensure compliance of withholding of tax as per law.
• Calculated income tax on salaries of employees as per law for withholding purposes.
• Facilitated internal audits, resolving issues and providing implementation direction.
• Took charge of year-end closing activities, overseeing the execution of the annual external audit, collaborating closely with external auditors, actively participating in meetings, and ensuring the successful finalization of the audit process.
• Supervised staff training of QuickBooks.

• Supervised bookkeeping, including reconciliations of receivables and payables.
• Prepared monthly Management Accounts for various clients, along with bug/error identification reports in SAP B1.
• Prepared and finalized Chart of Accounts and Trial Balance for ERP implementation.
• Prepared Annual Accounts from scratch for internal valuation and audit purposes.

• Performed data entry and voucher generation in accounting software, along with daily preparation of profit dashboards in Excel.
• Executed Internal Audit assignment as supervisor and prepared a detailed report on internal control weaknesses along with the appropriate recommendations to make the accounting system more efficient and effective.
• Obtained NTN, prepared and filed Annual Income Tax Returns, monthly Sales tax, and Withholding tax returns.
• Registered business individuals and companies with PRA.
• Revised working on employees grade, scale, and total wages as per the 7th Wage Board Award issued by the Federal Government for media sector.

• Performed Annual External Audits as a part of audit team and job in-charge in the following manner:
• Planned overall audits, conducted initial meetings with clients to understand and co-develop expectations, and designed audit strategies in consultation with the engagement partner. This process included assessing the underlying audit risk and evaluating the clients overall control environment in accordance with International Standards on Auditing (ISA).
• Effective communication with the Assurance Partner, Assurance Manager and Team with respect to engagement progress, risks, issues, estimated time of completion and any contentious matters;
• Effective supervision, review, motivation and mentoring of team;
• Performed analysis on clients financial data, by developing expectations based on historical data, general market and industry conditions, competitors performance and investigating plausible inconsistencies with clients management;
• Highlighted significant accounting and auditing issues, together with our recommendations, to the Board of Directors.
• Prepared and updated the audit manual, including audit programs and checklists for the overall audit department.
• Prepared complete sets of financial statements for various clients.
• Supervised bookkeeping assignments.
• Prepared Financial Projections, Company Valuation, Ratio Analysis, and Investment Proposals for an oil marketing company.
• Conducted monthly stock-taking and inventory management for multiple clients.
• Prepared Research Reports for business purposes.