Kafeel Asghar

 To supervise costing department activities, build controls and arrange meeting to discuss the gaps.
 Coordinate and help all the departments in factory for preparing Budgets.
 To prepare managerial reports and presentations on business performance.
 Ensure the accuracy of raw material balances in system and submit movement of raw material to manager. Also check average movement of raw material.
 To furnish information regarding the cost of manufacturing of finished goods which assist management in making a decision whether to outsource or produce them in factory.
 To provide pre-costing of any order to help management to quote compatible prices in the projects.
 Analyzing variance in standards which helps out in finding the reasons for excess cost incurred on the job.
 Prepare scrap reports and analyse actual vs Standards Scrap.
 Order wise profit & loss analysis and find out the reason for Loss if any.
 To measure efficiency of production, downtime analysis & System line efficiency.
 Prepare Hall wise, Section wise, & Employee wise Efficiency Report.
 Per Unit costing for all Utilities like, Generator, RO Plant, Etc.
 Development of KPI, s with coordination with GM and Director for all Factory Department Heads & also Quarterly Review of KPIs and reporting to Director.
 Co-ordination with auditor: Assuring compliance with predetermined audit policies and procedures, Monthly and annual Stock take.
 To ensure the implementation of ERP system and involvement in future developments as per the needs of the company.
 Prepares and analyzes financial and operational reports and all accounting and finance matters which will be assigned by Chief Financial Officer.

 maintenance of books of accounts & records in accounting package, in compliance with management policies as well as legal and statutory requirements
 Provide financial and operational information of on timely basis for month end, weekend and daily reporting.
 Support and control company staff to carry out day to day reporting accurately and timely.
 To ensure proper recording of daily transactions and data are well supported.
 Manage Receivable and payable by ensuring accurate recording of daily collection and analysis of receivable covering debt performance and overdue customers.
 Preparation of monthly Bank Reconciliation statement
 Preparation of supplier reconciliation on monthly, quarterly, half yearly and yearly basis while adopting the 80-20 method
 to coordinate with external auditors for annual statutory audit,

 Preparation of monthly consolidated reports according to the International Accounting Standard.
 Prepare management Reports Department wise, Product wise & branch wise.
 Preparation of Best Product Mix in order to maximize the profit of the organization.
 Monthly Inventory & Cost Reporting, Contribution Analysis and variance analysis of standard vs. actual cost.
 Preparing stock valuation, stock reconciliation, Customer wise and Market wise performance Analysis, Variance analysis of Actual and budgeted figures.
 Analyzing cost variances and suggesting cost controls.

One of the Big 4 Audit, Accountancy & Assurance firm.

During my stay in the audit firm I worked as Associate Audit Executive Reporting to Manager Audit and managed teams from 2 to 4 auditors as a Job Incharge.

I assist my Supervisor in:

Planning and developing work methodology, audit plans and audit programs; audit execution and review of audit work papers; Preparation and Finalisation of Financial Statements to ensure their compliance with requirements of local laws and International Financial Reporting Standards (IFRS); Financial Statements analysis; Conducting system audits; I also performed special Audit, Fixed Assets Verification, due diligence reports & Stock Take assignments.

Job Descriptions:

 Reviewing planned audit procedures before the start of significant fieldwork. Involved in preparing the audit strategy for various assignments and ensured compliance with the laid down procedures during the audit.
 Gained understanding of general accounting systems and packages used (manual/ computerized) and various controls needed for their operations.
 Performed walkthrough tests for all strong controls identified ensuring that they are functioning as documented. If walkthrough was not successful, management was requested to redefine the process.
 Conducted substantive test and analysis of internal control environment to find out the effectiveness and reasonability of their financial data.
 Reviewed results of the detailed tests and prepared report to management.
 Providing suggestion of improvement in client's business process including internal controls for increasing the process efficiency. Extensive exposure of international as well as national accounting and auditing standards.
 Examination, analysis and review of financial statements and accounting systems, target investigation and system development.
 Preparation/examination, analysis and review of financial statements for the purposes of forming audit opinion as per statutory & professional requirements.

The major assignments being carried out by me; during the period are as follows:
 SNGPL (Sui Northern Gas Pakistan Limited) - Government Sector
 Prosperity Weaving Mills - Textile Sector
 MIMA Cotton Mills - Textile Sector