Naveed Dawood, Assistant Manager Accounting and Finance

Naveed Dawood

Assistant Manager Accounting and Finance

Pakistan Machine Tool Factory (Private) Limited

Location
Pakistan
Education
Higher diploma, Accounting, Finance, Auditing and Taxation
Experience
11 years, 9 Months

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Work Experience

Total years of experience :11 years, 9 Months

Assistant Manager Accounting and Finance at Pakistan Machine Tool Factory (Private) Limited
  • Pakistan - Karachi
  • My current job since May 2023

• Procurement audit before raise of PO and ensure its compliances with procurement policies and PPRA Rules, 2004
• Detail review of indents, POs and GRNs
• Supervise Sales Tax, WHT and SRB Compliances and its reconciliations of ledgers, input, output tax, debit and credit notes, etc.
• Supervise Sales Invoices recording and timely despatches to customers
• Supervise receivable entries with all supporting documents
• Maintain and monitor Customer wise aing analysis and co-ordination with BD for recovery of outstanding invoices
• Maintain provident fund accounting, voucher file and prepare its account for audit

Assistant Manager Internal Audit at Patel Hospital
  • Pakistan - Karachi
  • September 2019 to April 2023

• Drafting audit plan based on risk management
• Report drafting relating to HR, tax, and inventory management, procurement compliance, Bio Medical, etc.
• Daily pre audit of cash vouchers
• Price reviewing of different vendors and their impact of change
• Approval of CAPEX and its follow up
• Supervising and conduct of six monthly physical stock count and its valuations including outreach
• Review of quaterly dead stock, minimum and maximum stock level
• Vendor payments verification
• Monthly review of Payroll process including overtime, advances, loans, tax workings, EOBI, full and final settlements, etc.
• Review of all kind of expenses
• Daily inventory request approval in the system
• Review of short expiry and expired medicines detail
• Review of scrap sales
• Monthly reconciliation of Consultants Shares working
• Review of cancellation and refunds receipts
• Daily review of Wards audit for IPD
• Surprise cash and inventory counts and their monthly reporting including outreach
• Review of chargibility of medicines, implants and surgical items in billing
• Review of revenue process and IPD bills
• Review of monthly reconciliation of IPD bills receiving
• Structure different report formats for ease of processing
• Review of retail prices of all items
• Any other task given by HOD's

Tax Executive at Toyo Packaging (Private) Limited
  • Pakistan - Karachi
  • May 2017 to April 2019

TAXATION WORK
• Monthly sales tax returns filing
• Monthly WHT return filing
• Quaterly submission of advance tax letters
• WHT payment of SRB
• Preparation and submission of all kind of challan
• Calculation of individual tax liability / refund and wealth statement and filing of Individual Income Tax Returns on IRIS
• Reconciliation of IRIS sales tax portal with ledgers including vendors, sales and imports ledgers
• Reconciliation of WHT ledgers with challan paid
• Calculation of advance tax working and annual tax liability
• Replies of all kind of tax notices
• Income Tax Audits
• Sales Tax Audits
• Appeal Working of income tax and sales tax
• Development of tax reporting structures in SAP and Bizztrax for ease of reporting.

CORPORATE WORK
• Preparation of Loan Application Forms (LAF) and Basic Borrower Fact Sheet (BBFS)
• Monitoring of bank loans ledgers and payment schedules
• Maintenance of Mortgage Register
• Preparation of account opening Forms with other necessary documents
• All Corporate matters including maintenance of mortgage register, Filing of Forms 3A, 3, 10, 16, 17, 26, 29, A and preparation of MoA and AoA in accordance with Companies Act, 2017 and so on
• All Banking Correspondence
• Replies of all SECP notices
• Preparation of annual financial statements for audits
• Preparation of fixed asset register for external auditor
• Interaction with external audit team for finalizing annual audit work.

Corporate Assistant at BDO Consulting (Private) Limited
  • Pakistan - Karachi
  • September 2016 to April 2017

• Preparation of proposals for the clients
• Incorporation of local company (with or without foreign directors) and foreign company - liaison office (from the stage of name reservation till issuance of certificate of incorporation of company)
• Assisting company for submission of documents to Ministry of Interior (MoI) for security clearance purpose (applicable for foreign investors only)
• Preparation of notices, resolutions and minutes of the meetings of Board of Directors
• Change of share capital and return of allotment
• Registration of mortgage, charge etc. and its modification
• Change of Memorandum and Article of Association
• Maintenance of Directors and members meeting registers
• Filing of annual returns i.e. Form A and 29 and filing of change of particulars in directorships. CEO, Legal Adviser and so on.
• Assisting clients for obtaining PIN codes for electronic signatures of Directors (Previously was digital signatures from NIFT)
• Inspection of corporate files maintained at SECP and make reports accordingly
• Strike off company name under Company Easy Exit Regulations, 2014
• Drafting of all corporate letters and and replies to SECP notices

Statutory Audit at RSM Avais Hyder Liaquat Nauman - Chartered Accountants
  • Pakistan - Karachi
  • January 2012 to May 2016

I am registered as an Audit Trainee since 5 January, 2012 in Avais Hyder Liaquat Nauman - Chartered Accountants and had been working in the capacity of Senior Audit Supervisor in Audit & Assurance. My responsibilities during this period entailed as follows:

•Planning, controlling, executing, reviewing and documenting audit work
•Drafting statutory audit and similar reports
•Assessing adequacy of accounting systems and evaluating & testing internal controls
•Applying Auditing & Financial Reporting Standards, and guidelines
•Reviewing, analyzing and interpretation of financial statements
•Ensuring compliance with regulatory requirements
•Attending & observing annual physical inventory and cash counts
•Gathering & evaluating audit evidence and assessing adequacy of accounting systems

Education

Higher diploma, Accounting, Finance, Auditing and Taxation
  • at Institute of Chartered Accountants of Pakistan
  • November 2011

Completed Certificate in Accounting and Finance (CAF) Course from ICAP

Master's degree, Economics
  • at University Of Karachi
  • January 2010
Bachelor's degree, Accounting and Auditing
  • at University Of Karachi
  • January 2010

Specialties & Skills

DUE DILIGENCE
REPORT DRAFTING
FINANCIAL STATEMENTS
COMPUTER ASSOCIATES PACKAGES
FINANCIAL REPORTING
FIXED ASSET REGISTER
ACCOUNTING SYSTEMS
INTERNAL AND EXTERNAL AUDITING

Languages

English
Expert