Steer regular meetings with FBR and legal counsel to conduct sales tax reconciliations and maintain income tax refund positions. Actively liaise with internal and external auditors for smooth audit processes. Deduct tax and submit withholding statements to the Punjab Revenue Authority regularly. Develop and execute strategic tax planning initiatives for federal and state tax obligations. Follow tax regulations and legal obligations while interacting with tax attorneys. Present quarterly reports to the CFO as well as participate in discussions to enhance taxation procedures.
Key Accomplishments

Ensured accurate and timely responses to tax notices under Sections 177, 122(9), and 122(5A), while handling all tax notices related to sales and audit and ensuring compliance with Sections 25, 38, 161, 176, and 122(9).
Guaranteed filing of consolidated federal and local sales tax, income tax returns, and other business-related filings included directors returns and audits.
Enhanced organizational efficiency by designing, implementing, and monitoring financial and non-financial controls; managed the timely processing of tax payments and tracked receivables to ensure optimal cash flow management.
Secured timely sales tax refunds and ensured on-time submission of advance tax quarterly reports to FBR under Section 147; managed timely responses to tax notices under Sections 177, 122(9), and 122(5A), and filed appeals.

Created management account packs, such as P&L, balance sheet reconciliations, variance analysis, commentaries, cash flows, and financial statements for the company and subsidiaries along with consolidation. Oversaw accounting operations by managing bank reconciliations, monthly reporting, cash management, accruals, and system data maintenance. Delivered quarterly reports to the parent company and participated in discussions to enhance procedural efficiency.
Denim Trading Division
Succeeded in managing fieldwork, finalizing financial statements, maintaining division accounts, overseeing audit procedures, and ensuring compliance with statutory requirements and international financial reporting standards, resulting in accurate financial reporting and successful implementation of audit practices.
Construction Project (Joint Venture at Askari XI)
Managed project funds and supervised relevant costs to ensure financial oversight and project budget adherence. Produced, retained, and delivered financial statements of the relevant project to the parties.
OPTP Franchise
Maintained division accounts in compliance with international standards and supervised monthly stock take for the franchise to ensure accurate financial reporting and effective inventory management.
Updated the daily franchise report, verified expenses by reviewing supporting bills, and reported discrepancies or issues to the Karachi Head Office to ensure accuracy and prompt resolution.
Shoe Manufacturing
Applied costing techniques to relevant items and maintained division accounts in line with international standards to ensure accurate financial management and adherence to best practices in varying situations.
Key role in managing and depreciating factory assets and maintaining detailed records in line with established timelines.
Key Accomplishments

Successfully implemented accounting procedures to ensure accurate financial information for company processes, IFRS compliance, and audit readiness.
Attained effective cash flow management by streamlining payment processing and tracking receivables while ensuring accurate financial operations.
Optimized financial operations by managing LCs, LGs, and TRs, and negotiating with banks for financial facilities.
Achieved cost efficiency by supervising construction equipment procurement and monitoring rate changes for key components, ensuring accurate budgeting and effective management of expenses.
Accurately filed monthly sales tax returns in line with Pakistan Tax Rules, while designing, implementing, and monitoring effective financial and non-financial controls to ensure regulatory compliance and operational efficiency.

Assumed and maintained full accountability for administering audit and tax queries via close collaboration with internal and external auditors. Supervised monthly and yearly closing for timely reporting and audit procedures.
Key Accomplishments

Conducted financial analysis of financial statements and generated management reports along with MIS reports on monthly, quarterly, semi-annually and annually basis.
Directed payables and receivables section, reconciled customer and supplier ledgers on monthly basis, and determined discrepancies in a timely manner.

Prepared and maintained bank reconciliations to ensure accuracy and completeness of financial records.
Entered all ledger entries related to receivables and payables using Peachtree software.
Managed correspondence with banks providing services to Comfort Knitwear Pvt. Limited, focusing on cash management.
Organized export and stock reports, and recorded all export-related entries in the ledger through Peachtree.
Produced purchase orders, processed invoices, and posted them accordingly.
Coordinated the preparation of financial statements and income statements.
Recorded all entries related to expenses, interest income, commission, and bank charges in the ledgers.