khizar hayat

Key Responsibilities
Financial Statements & Reporting: Prepared and analyzed accurate monthly, quarterly, and annual financial statements, ensuring strict compliance with accounting standards.
Taxation & Compliance: Managed the timely preparation and submission of corporate tax returns, VAT filings, and other statutory financial compliance requirements.
General Ledger & Reconciliation: Maintained and reconciled general ledger accounts, bank statements, and inter-company transactions to ensure absolute data integrity.
Data Management: Handled extensive financial datasets and supplier price lists using advanced MS Excel functions (such as VLOOKUP and XLOOKUP) for accurate reporting and inventory tracking.
Accounts Payable & Receivable: Overseen the invoicing process, verified vendor statements, managed cash flow, and optimized aging schedules for timely collections.
Key Achievements
Process Optimization: Streamlined the financial reporting process by introducing advanced Excel automation models, reducing monthly closing time by 15%.
Audit & Accuracy: Successfully led annual financial audits with zero major discrepancies, ensuring 100% compliance with regulatory laws.
Cost Savings: Identified variance trends and optimized supplier payment structures, contributing to a 5% reduction in operational and procurement overheads.
Error Reduction: Upgraded legacy manual spreadsheet methods to advanced lookup formulas, minimizing data entry errors and improving reconciliation efficiency by 20%.