sohail ahmad, assistant manager finance

sohail ahmad

assistant manager finance

Sui Northern Gas pipeline Limited- (Only Public Listed Company in Pakistan in Oil and Gas sector)

Location
Pakistan - Lahore
Education
Master's degree, Business and Commerce
Experience
13 years, 9 Months

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Work Experience

Total years of experience :13 years, 9 Months

assistant manager finance at Sui Northern Gas pipeline Limited- (Only Public Listed Company in Pakistan in Oil and Gas sector)
  • Pakistan - Lahore
  • My current job since December 2019

Financial statements preparation and review in the light of International Financial reporting standards (IFRS); Preparation of Stand Alone and Group financial statements for various entities; Ensuring the compliance with all local regulations including those relating to corporate, taxation compliance, legal, repatriation of funds and social; Preparation of monthly margin analysis and KPI’s; Updating fixed assets schedule and lease schedule; Inventory costing and reconciliation of stocks; Preparation of BRS-Bank Reconciliation; Prepare the monthly forecast and targets and budgets; Doing validation check, Valuation of assets, Perform variance analysis for control action; Portfolio analysis; Assets Management including Fixed Assets, Collaboration with various area offices; Supervise the payroll function of the country office and ensure that the country office is compliant to the local labor regulations; Automatic data processing; Billing to customers; Calculating return on Assets (ROA); Strategic planner(ing); Strategic Thinking; Capital Budgets; FAFSA; ROE; Managing CAPEX, Calculating WACC; Ratio Analysis; Cash Flow Analysis; Corporate Reporting; Cost Accounting; Inventory and Stocks Management; Credit and Debit Management; Updating balance sheet reconciliations and roll forwarding monthly; Manage the month end close process.

manager accounts at SAEED HASSAN & Co. Chartered Accountants firm
  • Pakistan - Lahore
  • April 2018 to December 2019

(Besides Accounts also performed as Manger Assurance)
ON WEEKLY BASIS
Preparation of dashboards for the directors’ weekly review; To maintain record books, posting ledger entries and billing; Finalizing Commercial and Operational activities reports; Prepare executive Summary; Reviewing other expenses and costs for effective management and reporting; Postings for accruals and prepayments.
ON DAILY BASIS
Book-keeping and process development; Review of purchase and sales invoices, credit memo’s, debit notes and associated costs; Review of payments and receipts processing and postings; Managing the payables & receivables, including the cash flow; Financial planner and arrangement of finance for company including cash flow management; Review of policies, procedures and systems; Managing of finance team, consisting of 15 plus team members.

assistant manager accounts at Adax Pharmaceuticals (Pvt.) Limited (A European based pharma company)
  • Pakistan - Lahore
  • March 2017 to April 2018

Provide leadership in budget preparation, oversee annual budget planning and coordinate any new proposal; Working in close liaison with Internal and External Auditors; Feasibility reports and short term investment appraisals; Accounts payables/ creditors period management; Debtors/ Accounts receivables management; Maintaining stocks turnover ratio; Maintaining gearing/ debt equity ratio; Benefit administration; Passing Adjusting/ closing entries; Calculation of interest payable and principal amount outstanding; Repayment of loan; preparing lease schedule; dealing with bank; arranging board of directors meeting; preparing minutes of meeting; Preparing annual reports; To ensure the accuracy of company’s ADP facility-Automatic data processing.
IFRS/GAAP, Budgeting, Cash Flows, Analysis, Taxation, Corporate Laws, ISAs/Auditing, Financial Planning, Financial Statements, Accounts, Management P&L, Management, SAP Exposure

audit senior at EY
  • Pakistan - Lahore
  • May 2013 to March 2017

Also worked on as Tax supervisor, Direct Taxes/ Indirect Taxes (VAT), Sales Taxes. FED, Income Tax, Wealth Tax.
 Planning with adherence to deadlines, considering the budget constraints and staff skill set available;
 Also worked on as Tax supervisor, Direct Taxes/ Indirect Taxes (VAT), Sales Taxes. FED, Income Tax, Wealth Tax.
 Assessment of complex control environment and identification of specific risk areas in consultation with the engagement executives;
 Different analysis related to client including Financial Statement Analysis, SWOT Analysis, PEST Analysis, market and competitors analysis etc;
 Designing the Audit procedures to address the identified risk;
 Discussion on audit findings with Client executives and E & Y executives and presentations on deliverables;
 Preparation of deliverables, such as, audit reports, review reports, special reporting packages and management letters along with recommendations;
 Worked with diversified team members, having versatile qualifications like, ACCA, CA Inter, CFA, ACMA, CPA, ICAEW, CA Finalist, CFAP, MSA, part qualified CAs and Bachelors in Accounting and Finance etc.
 Team management, conflict resolution and counseling the members; and
 Establishing and strengthening the client relationship in a cordial yet independent manner.

procurement officer at WARID Telecom (Pvt.) Ltd (An Abu-Dhabi Group Company)
  • Pakistan - Lahore
  • August 2009 to April 2012

Also worked as Accounts Accountant and Budget Co-coordinator.

Provide leadership in budget preparation, oversee annual budget planning and coordinate any new proposal; Working in close liaison with Internal and External Auditors; Feasibility reports and short term investment appraisals; Accounts payables/ creditors period management; Debtors/ Accounts receivables management; Maintaining stocks turnover ratio; Maintaining gearing/ debt equity ratio; Benefit administration; Passing Adjusting/ closing entries; Calculation of interest payable and principal amount outstanding; Repayment of loan; preparing lease schedule; dealing with bank; arranging board of directors meeting; preparing minutes of meeting; Preparing annual reports; To ensure the accuracy of company’s ADP facility-Automatic data processing.

Education

Master's degree, Business and Commerce
  • at Higher Education Commission
  • December 2017

Masters in Commerce Secured M.Com equivalence from Higher Education Commission, Pakistan

Diploma, Accounting & FInance
  • at Institute of Chartered Accountants of Pakistan
  • January 2017

ACA membership- CA from ICAP- Institute of Chartered Accountants of Pakistan CA (Chartered Accountancy). Associate member, i.e. ACA from Institute of Chartered Accountants of Pakistan- ICAP

Bachelor's degree, Economics
  • at Bahauddin Zakariya University
  • January 2009

Academic:- Bachelors in Economics  Bachelor in Economics B.A from Bahauddin Zakraya University, Multan-Pakistan

Specialties & Skills

Balance Sheets
Accounting
Budgeting
Auditing
BUDGETING
CUSTOMER RELATIONS
FEASIBILITY STUDIES
FINANCIAL REPORTING
FINANCIAL STATEMENTS
TAX PLANNING
finanacial analysis
MS Office
Accounts
SAP Exposure
Training and Development
Taxation
Auditing
Corporate Laws
cash flows
P&L Profit and Loss Account
Balance Sheet
Management

Languages

English
Expert
Hindi
Expert
Urdu
Expert

Memberships

Institute of Chartered Accountants of Pakistan
  • ACA- Chartered Accountant
  • December 2016

Training and Certifications

Assurance and Auditing/ISA (Training)
Training Institute:
EY
Date Attended:
August 2015
Duration:
24 hours
IFRS/IAS (Training)
Training Institute:
ICAP
Date Attended:
January 2016
Duration:
30 hours

Hobbies

  • Cycling, Shopping, Reading
    I planned and managed a team of 90 plus staff members for conducting stock taking of 145 Companies. Got three time excellent annual appraisal. Successfully conducted staff trainings and development. Successfully completed communication Skills Course (CSDC). Furthermore, attends workshops, conferences and seminars which are organized by Professional body and big4 Firm including industry specific.