Kamran Fazal

I have about 04 years of work experience in Strategic Business Group (SBG) consist of following entities, Masood Pervaiz & Company Chartered Accountants (a member firm of Daxin Global), Islamabad, Pakistan, Iftikhar Masood & Company Chartered Accountants, Islamabad, Pakistan, Softax Consulting (Private) Limited), Islamabad.
Audit and Financial Reporting
• Delegation of job responsibilities, supervision of audit staff and evaluating performance of the team
• Corresponding with client management regarding accounting, auditing, tax & administrative issues resolution of Critical reportable matters
• Participation in clients Audit Committee, Board of Directors andAnnualGeneralMeetings
• Making proposals for various audit and mid-term evaluation projects with the team
• Audit planning and assessmentof business and audit risks, developing audit strategy and preparing audit programs responsive to risk assessments
• Analyticalreview & finalization of management and reporting statements
• Evaluation of internal control systems, identifying weaknesses and recommending improvements
• Preparation of Financial Statementfor the year end for various companies in different sector as per international accounting standards(IAS) and GAAP.
• Leading the team in budget preparationand expensemanagement activities for assigned accounts.
• Reviewing and recommending changes to existinginternal controls and accounting procedures.
• Performing dutiesincluding generating financial data, compiling and submitting reports, analyzing industry trends, and assessing the financial health of the company.
• Review of the performance, analyzing of variance and making of new plans after incorporating the adjustments required.
• Preparation and filing of annual income tax returnsof individual, association of persons and VAT working for the companyand filingVAT returnsfor the companies working in different sector.
• Handling of tax notices from tax authorities by providing required workings, reconciliations and appropriate replies

Accounting and Bookkeeping Services
• Provided accounting andbookkeeping serviceon excel andaccounting software like QuickBooks
• Monthlypayroll workingsuch as forming time sheet, finalizing salariespayable for the month.
• Supervising the preparation of monthly and annual account reconciliations, monitoring, and enforcing compliance with tax andfinancial reporting standards and assist with cash flow forecasting.
• Overseeing the operations and development of the companys financedepartment includingcreating and reviewing policies, budgeting, training and conducting regular assessmentsof financial procedures.
• Coordinate with the team to ensure completion of assigned accounting taskswithin set deadlines.
• Evaluating the performance of peers and identifying any short comings to boostteams performance.
• Performing weekly payable and receivables reconciliations and analyzing financial discrepancies and recommending effective solutions.
• Responding to financial inquiries from various departmentsin a timely fashion and providing them guidance.
• Creating strategic business plans based on the analysis of the companys status and financial forecasts.
• Analyze costs, pricing, variable contributions, sales results, and the companys actual performance compared to the business plans.
• Manage the preparation of monthly salaries and commission payments and ensuring that payments are made on time and preparation ofbank reconciliation statements
• Maintaining of accurate financial records, preparation and review of financial statements and reports, and ensuring compliancewith accounting regulations and standards

• Enter financial transactions into QuickBooksOnline, including invoices, bills, expenses, and payments. Ensure accuracyand proper categorization.
• Regularly reconcile bank and credit card statements with QuickBooks Online records to identify discrepancies and resolveanyissues.
• Record and categorize expenses, verify receipts, and ensure expenses are within budgetary limits. Reimburse employeesor vendors as needed.
• Manage accounts payable by recording and tracking bills, ensuringtimely payments, and optimizing cash flow.
• Manage accounts receivable by tracking customer payments, sending payment reminders and following up on overdue accounts.
• Generatefinancial reports using QuickBooks Online, such as profit and loss statements, balance sheets, and cash flow statements. Analyze and interpret financial data to provide insights to management.
• Assist in the development and monitoringof budgets and financial forecasts. Provide regular updates on budget vs. Actual performance.
• Ensure the company complies with all tax regulations and deadlines, including sales tax, income tax, and other relevant taxes. Prepare and file tax returns as required.
• Maintain relationships with vendors and contractors, ensuring timely paymentsand accurate records.
• Monitoring expenditures, analyzing revenues, anddetermining budget variances and reporting the same to top management and providing suggestions for improvement.