محمد فهيم

Managing Accounts, Audit & Tax working.

• Preparation of Monthly Profitability along with Monthly analysis of Products Profitability, business units’ Profitability & overall Profitability of the Company
• Monthly analysis of Sales, Cost of Goods Sold & operational expenses against prior year and budget, providing explanations and business solutions to help mitigate the risks
• Preparation of Operational Control Reports including Cash & Bank, Sales, Recovery & Outstanding balance and Petrol & Diesel Consumption
• Development of Inventory Control System including item coding and reports
• Review of Monthly VAT (Value Added Tax) Statement
• Monthly Reporting to Head Office

Currently, I have been working at the Assistant Manager grade in a well reputed hospital & Medical College. This role primarily entails capital budgeting for management decisions, costing of various services for pricing & financial analysis. Broadly, my responsibilities entail:


• Recommendation to Management for Capital Investment based on Project Evaluation Techniques and Qualitative Factors
• Preparation of Projected Financial Statement (Hospital & Medical College)
• Variance Analysis (Projected v/s Actual Results)
• Preparation of Financial Feasibility
• Preparation of Profitability Statement for Retail Pharmacy
• Calculation of Per Bed/Test/Procedure Cost
• Preparation of Departmental Profitability Statements by using ABC Costing
• Assisting Tax Dept. in Calculating Employees’ Tax & Filing Return on Pral
• Assisting in Coding & Management of Capital Assets
• Preparation of Inventory Reports for Management

Key Achievements include:

Reconciliation of Inventory Reports generated through AS-400 & GP Software in year 2009 pending from 2008
Fixed Assets Reconciliation in year-2010 pending from 2007
Introduction & Calculation of Departmental Profitability
Introduction & Application of Capital Budgeting via Project Evaluation Technique- Payback Period
Introduction & Application of Marginal Costing for New Tests/Procedures

Working in OCS Pakistan (Group of companies including Courier, trading of Mitsubishi parts, Petrol Pump & Travel Agency) has enabled me to develop a comprehensive understanding of the business environment and the accounting and internal control systems implemented at diversified businesses. Broadly, my major responsibilities include:

• Calculation of per unit/kg standard cost;
• Budgeting and forecasting with periodical controls, variance analysis, management reporting and ensuring compliance;
• Decision making regarding Capital Expenditures;
• Preparation of Financial Feasibility
• Preparation of Projected Financial Statements
• Preparation of Zone/Branch-wise Profitability Statement
• System development for effective operations;
• Post Audit of Zones/Branches’ Financial Record
• Audit of Operational Activities to Ensure Compliance of applicable Policies & Procedures
• Supervision in maintaining Accounting records

Key Achievements include:

Development of Standard Costing System for Logistic Operation
Development of Zone-wise & Branch-wise Profitability Statements

Working in Artistic Garments (a well-known name in garment industry) has enabled me to take comprehensive understanding of financial accounting process from vouchers preparation to finalization of accounts and provided an opportunity to gain experience of costing in manufacturing industry. Broadly, my major responsibilites and achievements entail:

• Audit of Trimming, Chemical, Fabric & Spare Parts Store
• Verification of Work in Process & Finished Goods Stock
• Post Production Job Order Costing & Variance Analysis with Pre- Production Costing
• Departmental Costing for calculation of unit cost in each Production (Material, Labor & Overheads)
• Preparation of Cash, Bank & Journal Vouchers
• Preparation of Payroll

In Soorty Enterprises (another well-known name in garment industry) my major responsibilities entail:

• Preparation of Computerized Purchase Statement;
• Maintenance of Purchasers’ Ledger;
• Maintenance of Suppliers’ Ledger
• Preparation of Purchase Reconciliation Statement
• Preparation of Stitching Contractors’ Payroll,
• Preparation of Cash, Bank & Journal Vouchers

• Audit of Physical Stock
• Audit of Cash, Bank & Journal Vouchers
• Audit of Bank Statements
• Audit of Financial Statements
• Audit of Provident Fund