Farrukh Amin

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