Muhammad Afaq

● Maintained accurate financial records using Oracle EBS R12 AP, AR, order management and GL modules efficiently.
● Managed Month end, Quarter end and Year end closing processes, recording all accruals and prepayments for fair presentation
● Prepared Monthly, Quarterly, Half yearly and Annual Financial Statements including Income Statements, Balance Sheets and Cash Flow statements
● Managed Accounts Payable AP, Accounts Receivable AR and General Ledgers GL
● Ensured timely Invoicing to Power Purchasing Authority and also ensured the accuracy of the working of energy tariff per KWH.
● Managed average Receivables of PKR 13 billion, ensuring effective tracking and aging of customer invoices through dashboards
● Prepared Bank Reconciliations and managed Investments amounting PKR 2.8 billion
● Prepared Variance Analysis of financial Statements highlighting the reasons for change in financial results
● Assisted Managers in preparation of Annual Budgets and Forecasts and also monitored the actual results, highlighting the variances.
● Coordinated effectively with external auditors during Half Year and Annual Audits and managed the provision of the data required on timely basis.

I worked at Nexia International as Audit Supervisor after being promoted from Audit Associate. Following were the key highlights of my tenure there:
● Worked with audit clients from 10 different sectors including Financial, Retail, Asset management, Textile, FMCG, E-commerce, Insurance, NPO, NBFC and Power sectors
● Assessed internal controls, identified weaknesses, and provided strategic recommendations for improvement
● Planned and executed audits, reviewed work papers, and ensured compliance with ISAs
● Reviewed financial statements to ensure accuracy and adherence to IFRS
● Prepared audit reports and presented findings to senior management
● Led and mentored junior audit staff, fostering their professional development and ensuring high performance.
● Supervised audit teams of up to 8 members
● Assisted clients in resolving issues related to changes in legal and financial reporting frameworks.