My work experience includes the following:
Provided assistance in preparation, analysis and reporting of annual, half yearly, quarterly and monthly financial reports (Balance Sheet, Income Statement, Statement of Cash flow)
Worked closely with manager in designing and implementing accounting processes and internal controls and supported all area of responsibility within 12 person accounts team
Provided accurate, timely, and relevant recording, reporting, and analysis of financial information to facilitate the decision-making process and ensure success of the company
Supervised and planed day-to-day financial operations and improved financial documentation system for better and effective internal controls as per standard company procedures
Prepared asset, liability, and capital account entries by compiling and analyzing account information, prepared payments by verifying documentation and requesting disbursements
Managed and ensured accuracy of vouchers, entered information into applicable database, and instructed team in voucher preparation and monthly bank reconciliation statements
Coordinated with branches (Rawalpindi, Karachi, Multan, Faisalabad, Gujranwala) to solve day to day taxation and financial matters and maintenance of accounting records
Liaised with banks, leasing, insurance and other financial institutions to see timely arrangement of funded and non-funded facilities and arrangements (Import, Leases, RF etc.)
Deal with supplier, customers & other parties in handling of financial & taxation matters
Developed, implemented and streamline tax compliance processes, reporting and filing works for the group.
Prepared necessary paperwork for tax payments and returns, E-filing of monthly sales tax returns (FBR, PRA), withholding statements and annual income tax returns of the group after necessary computations.
Reviewed GST returns (analysis of data and liaison with AP and AR team), gathered information relating to imports and reconciled it with FBR portal.
Maintained close liaison with tax advisors as well as tax authorities, external auditor and ERP consultant
A QCR rated independent member firm of Geneva Group International
3.1
July 2015 to October 2017
As an Senior in Taxation and Corporate Practice
While working in tax department, I had the opportunity of performing in an excellent corporate environment and gained extensive exposure and knowledge of Income Tax, Sales Tax, Custom & Excise and other corporate law and regulations of Pakistan. I performed following professional tasks in respect Taxation services:
· Supervision of preparation and filling of various tax returns and compliance to other statutory tax requirement on behalf of clients.
· Representations before the assessing and appellate authorities of the Income Tax department, representation before Federal board of revenue.
· Advising clients on changes in tax regulation and assessing them in evaluating impact of changes, advising clients on various incentive available for investment and advising tax effective tolls of investment
· Monitoring, conducting and reviewing tax audits as initiated by federal board of revenue. Providing assistance and preparation of Tax audit reports.
· Establishing good relationship with the client’s management and assisting the firm in promoting client relation
3.2
Jan 2014 to June 2015
As an Semi Senior in Taxation and Corporate Practice
My work experience includes the following:
· Coordinating with the proposed company as a liaison with Securities and Exchange Commission of Pakistan.
· Completing compliance requirement of Company Registrar including filling and updating of various statutory forms required by the company to be filled.
· Advising investor on matter relating to setting up business and obtaining relevant permission and approval from Board of investment, Security and exchange commission of Pakistan (SECP) and state bank of Pakistan.
· Computation, preparation and filing of sales tax returns with (FBR, PRA, SRB and KPRA)
· Computation, preparation and filing of annual income tax return of individuals, partnerships, corporations, Trust and NGO’s and handle various matters of PESSI and EOBI.
3.3
Working as Audit Associate
During my experience with Mudassar Ehtisham & Co. I have gained extensive exposure and knowledge of International Reporting Standards and International Standard on Auditing. I performed the following professional task in respect of audit and assurance services:
· Assessment of client’s business & environment and internal controls risks.
· Audit planning on the basis of assessed risk level subject to available human and time resources
· Developing, restructuring and evaluating internal control systems
· Examination, analysis and review of financial statements and accounting systems, target investigation and delving into systems development.
· Monitoring and evaluation of systems and underlying records of financial statement assertions.
· Conducting and reviewing a number of high value assurance assignment which include planning, organizing, controlling and reviewing the entire job, understanding, internal controls and conducting system reviews with objective of recommending improvements and reviewing financial statements to ensure compliance with local laws and International Financial Reporting Standards.
MAJOR CLIENTS DURING MY ARTICLES
The most significant corporate clients to whom I have rendered the above-mentioned professional services (Taxation & Audit) are as follow:
§ Sajjad Textile Limited
§ Quaid-e-Azam Solar Power (Private) Limited
§ Gas and Oil Pakistan (Private) Limited
§ Zameen Media (Private) Limited
§ Elite Engineering (Private) Limited
§ Outreach Pakistan (Private) Limited
§ Sitara Petroleum Service (Private) Limited
§ Oilco Trading Company (Private) Limited