S USAMA SHAH

Audit: -
Been a part of numerous challenging Audit Assignments, reporting directly to the managers regarding the progress of the task.
Key Tasks |Conducting of Physical Stock Count| |Preparation of Books vs Audited Report Comparisons| |Inquiring to the Clients Relating to discrepancies in outcome| | Gathering & Presenting Audit Evidence|| Designing Standard of Procedures|| Finalization & Presenting Final Audit reports| |Issue Document & Assignment Commentary|
Accounting Assignments:-
Involved in various Accounting Assignments, that have been outsourced by the clients, operating directly from head office or from the premise of the clients’ as per the demand of the situation.
Key Tasks | Preparation of Financial Statements in accordance to the Current Accounting Standards||Preparation of Expense Sheets with appropriate categories|| Receipt & Payment Accounts || Investment Summaries||Asset Summaries||Co-coordinating & Working alongside with Client’s Accounts Teams||Others|

RESPONSIBLE FOR THE FOLLWIING TASKS:

1- VENDOR PAYMENT:-
HANDELING THE ENTIRE PROCESS OF PAYMENTS, FROM THE RECEPTION OF VENDOR INVOICES TO PROCESSING & DISPATCHING OF PAYMENTS.

2- WITHOLDING TAX & IRIS:-
-HANDINLING THE DEDUCTION OF WITHOLDING TAXATION AS PER THE RELEVANT TAX BACKET DEPENDING UPON THE STATUS OF THE VENDOR.

- ENTERING THE DATA INTO RELEVANT HEADS IN IRIS

- FILING THE MONTHLY DECLARATIONS ON THE BEHALF OF THE ORGANISATION

- FILING OF WEEKLY INCOME TAX & GENERATING THE PSID FOR TAX SUBMISSION

* Preparing & processing of bills of various vendors on regular basis & monitoring the payment schedule of vendors.
* Processing of urgent & advance payments on the behalf of the Assistant Manager..
* Processing of Fuel Reimbursement vouchers for the senior management.
* Processing of various reimbursement vouchers for employees.
Bank Reconciliations
Preparing of Bank Reconciliation Statements on monthly basis.
Taxation & IRIS
Handling the taxation section of the department, with responsibilities ranging from
* Verifying the status of vendors & individual

. ACCOUNTING & AUDIT
* Preparation of basic Financial Statements to the comparison & interpretation of complex ratios in accordance of the relevant
standards (IASs & IFRS).
* Review of Financial Statements & providing an opinion.
* Test of controls, identification of Material Misstatements in financial statements in accordance with ISAs.
2. Risk Management Strategies:-
Mitigation & minimization of risk using various hedging techniques e.g
* Forward Hedge*
* Futures & Options*
* Swaps*
* Money Market Hedge
(* Techniques for both Forex & Interest Rates)
3. Black Scholes Option Pricing
European Style method to measure the value of a share option,