Mohsin Siddique, Assistant Manager Finance

Mohsin Siddique

Assistant Manager Finance

samsons group of companies

Location
United Arab Emirates
Education
Higher diploma, Accounting And Audit
Experience
8 years, 3 Months

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Work Experience

Total years of experience :8 years, 3 Months

Assistant Manager Finance at samsons group of companies
  • Pakistan - Lahore
  • September 2021 to April 2024

hore, Punjab, Pakistan
• Responsible for the preparation of comprehensive financial statements, including Balance Sheet, Profit or Loss, Cash Flow Statements, Statements of Changes in Equity, Financial Reports, and adept in Financial Reporting.

• Engaged in recording daily journal entries and overseeing monthly, quarterly, and annual closing financial reports.

• Responsible for preparing Bank Reconciliations, ensuring accuracy between ledgers and bank statements.

• Responsible for the preparation of Fixed Assets schedule as per IAS 16, lease schedules in accordance with IFRS 16, and valuation of Inventory as per IAS 2.

• Thoroughly managed Accounts Receivables and Payables movements, reconciling with customers' and suppliers’ ledgers and bank statements.

• Played a key role in developing an audit plan, outlining the scope, objectives, and timeline of statutory audits.

• Acted as a liaison between internal teams and external auditors, responding promptly to EY auditor inquiries.

• Successfully prepared and verified group payroll, ensuring accuracy and compliance with recalculations of hours worked, salary rates, overtime, bonuses, and other components.

• Collaborated closely with the CFO to resolve any finance-related issues.

• Proficient in the preparation of withholding tax challan, provision of taxation, income tax returns, VAT, and corporate tax.

Manager Finance Division at Butt Paint Industry
  • Pakistan - Lahore
  • April 2021 to August 2021

• Conducted comprehensive risk assessments to identify and address potential areas of concern or vulnerability within the organization.

• Developed and managed sophisticated financial models for in-depth scenario analysis, facilitating informed decision-making.

• Spearheaded initiatives to enhance financial reporting and operational efficiency through the implementation of strategic improvements to the enterprise resource planning (ERP) system.

• Scrutinized financial records, statements, and transactions with meticulous attention to detail, ensuring accuracy and compliance with established accounting standards.

• Proactively recommended and implemented enhancements to processes, procedures, and internal controls, thereby optimizing organizational performance.

• Leveraged cutting-edge auditing tools and technology to streamline and fortify audit processes, maximizing efficiency and effectiveness.

Senior Audit Associate at HYK & Co. Chartered Accountants (Member Firm of Allinial Global)
  • Pakistan - Lahore
  • December 2017 to March 2021

ec 2019 - Mar 2021 · 1 yr 4 mos
• Oversaw and managed the entire audit process from planning to completion.

• Supervised and led audit teams, providing guidance and support.

• Reviewed and approved audit work papers and documentation.

• Coordinated and communicated with clients to gather necessary information.

• Identified and addressed complex audit issues and technical accounting matters.

• Managed multiple audit engagements concurrently.

• Prepared and presented audit findings and recommendations to senior management.

• Stayed updated on changes in accounting, auditing, and regulatory requirements.

• Monitored audit timelines and ensured projects were completed on schedule.

• Ensured the accuracy and completeness of financial statements.

• Built and maintained strong relationships with clients and stakeholders.

Teacher Assistant at Professional Academy of Commerce (PAC)
  • Pakistan - Lahore
  • December 2016 to March 2017

• Supported the main instructor in various tasks such as preparing course materials, grading assignments, and organizing class activities.

• Be available to students during specified office hours to provide additional help, clarify concepts, and address any questions or concerns they may have about the course material.

• Assisted in grading assignments, quizzes, exams, and other assessments according to established criteria and provided constructive feedback to students.

• Conducted discussion sessions or review sessions to reinforce key concepts covered in lectures, provided additional examples, and facilitated student engagement with the material.

• Offered academic support to students by explaining difficult concepts, assisting with problem-solving techniques, and guiding them through course material.

• Developed additional resources, such as practice problems, study guides, or supplementary reading materials, to enhance students' understanding of the subject matter.

• Organized and conducted review sessions before exams or major assessments to help students consolidate their learning and prepare effectively.

Lecturer/ Business Development Manager at The Minhas Public School
  • Pakistan
  • January 2015 to June 2016

Lecturer:

Teaching: Delivered lectures, seminars, and tutorials to students in their area of expertise.
Curriculum Development: Designed and updated course materials, including syllabi, assignments, and assessments.
Student Support: Provided academic guidance and support to students, including advising on course selection and career paths.
Professional Development: Stayed up-to-date with developments in their field through continuing education, conferences, and workshops.
Mentorship: Provided mentorship and guidance to junior faculty or graduate students.
Advisory Role: Advised student clubs or organizations related to their field of expertise.

Business Development Manager:

Strategic Planning: Developed and implemented strategies to attract students, partners, and funding opportunities.
Partnerships: Cultivated relationships with other educational institutions, businesses, government agencies, and community organizations to foster collaboration and support.
Marketing and Promotion: Created marketing materials, organized events, and leveraged social media to promote the school and its programs.
Financial Management: Managed budgets and financial resources related to business development initiatives.
Market Research: Conducted market research to identify emerging trends and opportunities in the education sector.
Networking: Attended conferences, industry events, and networking functions to expand the school's reach and influence.
Reporting: Provided regular reports to senior management on business development activities and outcomes.

Education

Higher diploma, Accounting And Audit
  • at Institute of Chartered Accountants of Pakistan (ICAP)
  • June 2023

Chartered Accountant (Affiliate)

Higher diploma, Accounting And Audit
  • at Institute of Chartered Accountants of Pakistan (ICAP)
  • June 2017

Certificate in Accounting & Finance (CAF)

Higher diploma, Accounting And Audit
  • at Institute of Chartered Accountants of Pakistan (ICAP)
  • March 2015

CA Foundation, Finance and Financial Management Services

Specialties & Skills

Budgeting and Forecasting
Financials
Certified Internal Auditor
International Financial Reporting Standards
Finance
Credit Control
Taxation, VAT
Business Analysis
Assurance Services
Budgeting & Forecasting
Financial Feasibilitites
Financial Modeling
Auditing Standards
Risk Management
Financial Reporting
Account Receivables
Account Payables
IFRS, IAS, GAAPs

Languages

English
Expert
Urdu
Expert
Arabic
Beginner

Training and Certifications

Professional Values Ethics & Attitude (PVEA) (Certificate)
Date Attended:
December 2018
Presentation and Communication Skills Course (Certificate)
Date Attended:
October 2017
Communication Skills and Development Course (CSDC) (Certificate)
Date Attended:
April 2015

Hobbies

  • Photography
  • Traveling
  • Sports