Group Assistant Manager Finance & MIS
PCI Group
مجموع سنوات الخبرة :21 years, 8 أشهر
WORKING EXPERIENCE - MANUFACTURING INDUSTRY Since May 2012 - to date
• As Assistant Manager Accounts & Finance Reporting to: Director/Sr.Manager
Working as Group Assistant Manager Finance in PCI Group and below are the Group Companies
1. M/s Automotive Spares & Accessories (Private) Limited
2. M/s Unik Fabrics (Private) Limited
3. M/s Pak Carpet Industries (Private) Limited
4. M/s Transasia Trading (Private) Limited
Being a key person of Accounting & Finance department I have been involved and responsible for Management reporting in term of Group Financial Statements, Taxation, Budgeting and corporate Affairs.
My responsibilities included:
•Supervision of maintenance of books of accounts of group Companies.
•Preparation of monthly financial statements for management review including ratio analysis.
•Handing all treasury matters, including monitoring the bank positions, bank financing matters, monitoring and fund management.
•Checking of payroll and supervise Human Resource Department regarding any issues.
•Supervision of preparation and analysis of monthly Sales Variance Report and Deviation Analysis Report for management.
•Preparation of budget for all the individual departments of Group Companies and consolidating them as to form budgeted profit and loss statements.
• Comparisons of the actual results with the budgeted targets of the company’s achievements while analyzing the variances, reporting the reasons for variation and highlighting the concerns to the management.
•Developed budget variance reports for reporting the performance of all the departments and sales variance with graphical analysis.
•Preparation of e-payment on Federal Board of Revenue (FBR) e-portal under various sections of Income Tax Ordinance 2001.
•Submission of monthly withholding Income Tax Statement of venders and employees of entire group companies.
•Directly involved in registration for National Tax Number (NTN) and e-enrollment for employees and others.
Directly involved with the Federal Board of Revenue (FBR) in the process of Change of Particulars in any group Company in any case.
•Filing of annual income Tax Return of employees of group companies.
•Involve in the filing of annual Income Tax Return of all Group Companies with support of income tax consultant.
•Directly involve in Income Tax issues like assessment of Income Tax Return, Income Tax Audit, Monitoring of withholding taxes and any other issue related to the Federal Board of Revenue (FBR).
• Established internal control to monitor accuracy of withholding taxes under various transactions.
•Regularly check updates on different forums regarding tax laws & timely inform to management on such changes to ensure compliance with regulations.
•Undertake special assignments related to tax management.
•Regularly attend workshops & seminars of taxations and allied rules to keep updated.
•Filing of monthly Sales Tax Returns of all group Companies monthly and quarterly basis, where is required as per the requirement of Income Tax Ordinance 2001.
•Directly involved in correspondence with Federal Board of Revenue (FBR) in any issues of Sales Tax Audit or discrepancy (if any) etc.
•Directly involved in all corporate issues/secretarial works of entire group Companies regarding submission of Statutory Forms, preparation of minutes of (BOD, AGM, EOGM), represent Company in Securities and Exchange Commission of Pakistan (SECP), Communication with NIFT- National Institutional Facilitation Technologies (Pvt.) Limited for e-signature of SECP etc.
•Dealing with all the Government departments such as Sales tax, Income Tax, SECP, EOBI, SESSI etc.
•Liaoning with external auditors while supervising & following up of all the information required and addressing the concerns reported by the auditors
•Supervise all internal audit activities under higher management.
•Prepared miscellaneous department wise report for management.
WORKING EXPERIENCE - AUDIT FIRM Sept. 2006 - May 2012
I have worked in capacity of Assistant Audit Manager in Moochhala Gangat & Co. Chartered Accountants, THE PAKISTAN MEMBER FIRM OF NETWORK OF INDEPENDENT MEMBER FIRMS. I have been involved in audit and review engagements, cost and internal audit, agreed upon procedures, various certifications and tax related matters. The ensuing paragraphs describe cumulatively the key tasks and job specification which I performed during my professional experience in various sectors including Manufacturing, FMCG, Automobile Sector, Insurance, Construction, Pharmaceutical, Restaurant, Trading and service sectors, Media sector, Freight forwarding, Cargo handling and NGO’s.
CORE COMPETENCIES AND SPECIALITIES
International Financial reporting Standards (IFRSs) International Standards on Auditing (ISAs)
Income Tax Ordinance, 2001 Monitoring the regulatory compliance
Budgeting, Forecasting and Variance Analysis Profitability analysis and reporting
Financial planning Internal Control
My responsibilities included:
Leading engagement teams through the planning, execution and completion stages of audits;
Liaison with client's management and communication of relevant matters to personnel at appropriate level of responsibility;
Assisting clients in preparation of financial statements in accordance with the applicable financial reporting framework including compliance with International Financial Reporting Standards, local corporate laws and directives of regulatory authorities;
Consultation on significant matters with various professionals such as lawyers, tax advisors, actuaries and IT experts;
Reviewing, assessing and testing of internal controls.
Issuance of management report to the management highlighting weakness in internal controls.
Formulation of conclusion and reporting to engagement partner and liaison with client management.
The experience at ABAS has enabled me to develop an understanding of regulatory environments of diversified industries, key business processes and the accounting and internal control systems of several organizations.
• As an Accounts Officer Reporting to: Manager
Worked in Communication Machinery Corporation (Private) Limited.
My responsibilities included:
• Provide all required information to the external auditors;
• Preparation and analysis of monthly Sales Variance Report and Deviation Analysis Report.
• Preparation of bank reconciliation statement
• Preparation of aging analysis of all customers and report for any bad debts
• Monitoring and checking of petty cash issues
• Preparation of payroll
• Prepared miscellaneous department wise report for management.
Institute of Corporate Secretaries of Pakistan (ACIS) Qualified.
• Registered member of Chartered Institute of Internal Auditors as student having membership # 1581450 and appearing in Part I & Part II exam.
• Institute of Chartered Accountants of Pakistan CA partly level cleared.
• 6 months training course of CISA (Chartered Institute of Information System Auditors) from School of Business Studies (SBS) under the supervision of ISACA Pakistan Chapter.
• Passed MA ECONOMICS as external candidate from UNIVERSITY OF KARACHI with 2nd division.
• Passed MBA (Master of Business Administration) major in FINANCE from FEDERAL URDU UNIVERSITY, KARACHI evening program in place of 1st division with 1st Position (3.92 GPA) in December 2007.
• Passed B-COM from UNIVERSITY OF KARACHI in place of 2nd division in 2002.
• Passed BCS (Bachelor of Computer Science) from SHAH ABDUL LATIF UNIVERSITY KHAIPUR, SINDH in place of 1st division with 2nd position (74.3% marks) in 2002.
• Passed H.S.C examination from KARACHI BOARD in place of 2nd division in 1998.
• Passed S.S.C examination from KARACHI BOARD in 1996 in place of “A” grade.