Manager Accounts and Taxation
Carvan Plastic Industries Private Limited
Total years of experience :15 years, 1 Months
Preparation of Financial Statements (Statement of Financial Position, Profit or Loss).
Preparation of monthly and weekly cash flow/fund flow statements for the planning purposes
Overseeing and reviewing the work of Accounts team
Reviewing and checking the Monthly Payroll of 100+ employees.
Quarterly and annually withholding statements u/s 165 & 149.
Preparation of Budget, Budget forecasts, Financial Planning Analysis and Implementation of Plans.
Preparation of monthly financial reports, quarterly financial reports and progress update
reports, analyzing the progress with the targets achieved.
Generate monthly, quarterly and as required reports from the database/MIS.
Ensure accuracy of information contained in financial reports & their compliance with statutory requirements.
Contributes, as appropriate, in the year-end financial audit with the internal and external auditor.
Preparation and review of monthly financial statement and monthly budget, including variance analysis of Actual Vs Budget.
Ensuring the timely reporting of all monthly financial information and monthly and quarterly Bank Compliance.
Ensure the preparation of journal vouchers, Bank and Cash payment vouchers, cheques, accrual entries, accounts reconciliations and other accounting documents, and managing the Fixed Assets Register.
Maintaining financial records in compliance with accepted policies and procedures and preparation of monthly and annual financial forecasts i.e., budgeting and forecasting.
Finalize Trial Balance with supporting schedules.
Monitors and analyses department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy.
Preparation of dashboard, excel templates using excel financial modelling.
Preparation and presentation of monthly & yearly financial reporting including profit and loss, actual vs. budget, KPIs monitoring, and cash flows.
Leading the financial planning & analysis function of the organization and reviewing & analysing monthly financial results to provide recommendations and actionable plans to the Executive Team.
Assessing and evaluating financial performance of organization about long-term operational goals, budgets and forecasts and providing insights and recommendations to both short-term and long-term growth plans.
Investment and other financial analysis for decision making which involves critical analysis of financial feasibility studies in the various projects of healthcare sector.
Preparation of monthly and weekly cash flow/fund flow statements for the budgeting & planning purposes.
Ensure the timely reporting of all monthly and quarterly financial information, including Bank Compliances.
Ensuring that monthly, quarterly, and annual financial statements are prepared in sync with IFRS and assisting during statutory and internal audits.
Reviewing of cost reports and bill of material & F.O.H. and discussing overhead spendings review with each department manager on a monthly basis.
Leading and developing a strong finance team in the facilitation of the day-to-day operations, including tracking financial data, tax, invoicing, payroll, payments etc.
Ensure effective fixed assets & inventory control is applied.
During my tenure, I had dedicated myself to enable our stakeholders to reach their organizational goals by ensuring governance, risk management, and compliance through rigorous assessments of internal controls. The experience has enriched me professionally and equipped me with the traits required to deal with a variety of situations in an innovative, effective, and efficient manner.
Conducted risk assessment of assigned department or functional area in established/required timeline.
Prepared risk-based audit programs and conducted testing of specified area and identified reportable issues.
Evaluate the effectiveness and efficiency of operations, including achievement of corporate goals related to performance, profitability, safeguarding and efficient use of resources.
Examine and establish systems and processes to determine compliance with Policies, Plans, Procedures, laws and regulations that could have a significant impact on operations.
Verifying payments to be made to suppliers and ensuring that withholding tax deductions are made as per relevant laws and regulations.
Ensuring compliance of all Audit observations highlighted during audit.
Verification of Expenses i.e. travelling, petty cash, entertainment, repair & Maintenance, marketing and verification of payroll, final settlement, vendor’s payment etc.
Executing audit program steps; examining and analysing records, reports, operating practices, and documentation.
Developing and performing substantive and analytical procedures for audit so as to determine the reasonableness of the financial statements’ assertions.
Assessing risks and internal controls by identifying areas of non-compliance; evaluating manual and automated organizational processes; identifying process weaknesses and inefficiencies; and suggesting improvements to existing practices.
Communicating audit progress and findings by providing information in status meetings, highlighting unresolved issues, reviewing working papers and preparing final audit reports.
Review of compliance with the Best Practices of Code of Corporate Governance as implemented in Pakistan.
Implementations and Monitoring of Policies and procedures instructed by the management to improve the accounting and inventory control system.
Accounts, Finance, Audit and taxation