HOD - Internal Audit
Al-Jaleel Developers
Total years of experience :39 years, 8 Months
• Conducted verification of machinery & equipment of the firm.
• Conducting audit of Construction bills, Procurement bills and improve internal controls.
• Conducted verification of furniture &fixtures of 132 containers of dealers on the project.
• Explored various process i.e procurements, recruitment, stores handling, Café and Pizza Hut etc.
• Verification of expenses, stocks and profitability of food & beverage segment.
• Developed Equipment and machinery operating procedures.
• Verification of presence of guards, drivers and horticulture staff of Al-Jaleel Developers.
• Developed comparison of sales with manufacturing of food items and identified weaknesses of system
• Pre-audit payments and billing to clients of the firm.
• Audit vouchers and perform treasury functions
• Authenticate financial statements
• Manage e-filing of corporate and tax returns.
• Manage reporting to PSX of Liquid capital, Assets Segregation, Free Float and Shareholdings Pattern etc.
• Manage internal, external and system audit.
• Manage meetings of directors, shareholders and record minutes thereof.
• Manage registration and renewals of company, agents, branches and offices.
• Correspondence with Stock Exchange, SECP, NCCPL, CDC, share registrar and auditors
Audit of Accounting records of Muhafiz Garden, Islamabad and Prepared Financial Statements for clearance from Co-operative Department.
Delivered lectures on Financial Accounting smester 3 in Institute of Cost & Management Accountants of Pakistan.
- Computerized bookkeeping on Accounting Software.
- Authenticate daily cash flows, Production, and Material Report.
- Check and authenticate payments, billing, feeding data on computer software.
- Finalization of accounts, audit preparations and deal external auditors.
- Filing of monthly and annual corporate and tax returns.
- Manage funds and supervise bank reconciliations.
- Preparation of projected financial statements for financing from bank.
- Assist in preparation of export and import documents and transfer of funds.
- Assist management in decision making, deal clients, suppliers, employees in financial matters etc. etc.
Presenting budget with variance analysis, determining overheads rates, controlling costs, treasury functions and supervising audit preparations, management reporting, working capital management.
• Evaluated bids with reduced overhead costs; secured orders.
• Provided continuous feedback; aided in generating 18 M profit; removing loss of 7.7 M.
• Improved cash flow position; monitoring receivables and pursuing clients.
• Controlled materials and labour cost; developing procurement & performance system.
• Ensured timely finalization, audit preparations and management reporting.
Plan, execute and report audits of projects costs, equipment, billing, establishment outlays, procurements, salary and benefits, statutory dues, financial statements, funds position etc.
• Implemented inventory controls; saved money regulating purchase requirements.
• Reduced costs comparing prices of alternative sources of acquisition.
• Accelerated receivables realizations; early claiming, pursuing and transfer to HO at UK.
• Developed funds utilization reporting; released old outstanding of foreign employees.
• Determined billing rates of manpower; aided in successful negotiations with clients.
• Identified substandard purchases, Controlled cost; developing data base of current market prices of company's required items.
• Identified wrong specifications of imported electrical items; controlled project delay.
Re-Scheduling of Loan from bank.
Pre-assessment of income tax of directors & employees.
Athenticated returns of taxes before e-filing.
Athenticated expenses and incorporation in system.
Check interest on FIM.
Authenticate management accounts.
Supervised 20+ personnel supporting in bookkeeping, funds management, budgeting, payments, management reporting, audit preparations, taxation, corporate affairs, leasing etc.
• Negotiated running finance of 30M giving minimum collateral; with Alfalah bank.
• Saved Rs.2.3 M; implementing internal controls on Islamabad campus construction.
• Increased profitability; identifying loss sustaining units aided in strategic decisions by managment.
• Consolidated and implemented budget; controlled funds shortage during vacations.
• Developed manual for construction co. and co-ordinated in computerization of accounts.
• Pricing of furniture manufacturing; implementing cost and financial accounting system.
• Monitoring of construction projects to achieve target profit; controlled cost.
Reporting to VP Highways and E&PHE; supervised eight personnel supporting in job costing, cash flow forecasts, treasury functions, Payroll administration, bookkeeping, reporting, audit preparations and working capital management.
• Increased financial performance by reviews and implementing co.’s policies.
• Reviewed bids and recommended procure or lease vehicles and equipment alternatives.
• Saved consultant’s fee by developing company’s accounts chart and codes.
• Generated surplus funds by pursuing foreign clients like OPVC for release of receivables.
• Implemented job costing and provided data timely for projects monitoring and controls.
• Ensured timely finalization of accounts and audit preparations.
1.1 Accounting Principles 1.2 Economics 1.3 Commercial & Industrial Laws 2.1 Cost Accounting 2.2 Production Technology & Management 2.3 Business Mathematics & Statistics 3.1 Advanced Accounting 3.2 Business Communication & Report Writing 3.3 Taxation 4.1 Advanced Cost & Management Accounting 4.2 MIS Data Processing & Quantative Techniques 4.3 Organisational & Marketing Management 5.1 Strategic Financial Management 5.2 Auditing 5.3 Corporate Laws & Secretarial Practice
Secured Top Position and Certificate of Merit: Government & Society Economic Analysis Accounting Quantative Techniques in Management Marketing Theory & Practice Research Methods & Techniques Personnel Administration Organisational Behaviour & Techniques Cost Accounting Managerial Economics Comparative Administration Maketing Management & Research Labour Laws Sales & Advertising Management. Financial Statement Analysis Planning & Development Administration Labour Laws International Marketing Project Management Analysis Taxation Management.
PART I 1. Functional English 2. Economics 3. Principles of Accounting 4. Commercial Law 5. Statistics 6. Business Organisations PART II 1. Business English 2. Economics Problems 3. Cost Accounting 4. Tax Laws 5. Money, Banking & Credit 6. Advanced Accounting 7. Auditing