Experience as Finance Executive

• Employer

  Zafco FZCO

• From

  05 July 2020

• To

  28 February 2021

• Detail

  • Assist in consolidation financial statements of overseas & local subsidiaries companies under IFRS’s;
  • Assist in proportionate consolidation of Joint operation of the Company under IFRS’s;
  • Assist in accounting for the associated undertaking and joint venture under IFRS’s by using equity method and investments carried at fair value through profit and loss;
  • Assist in elimination & reclassifications adjustments along with manual adjustments in consolidated financial statements;
  • Consolidated trade debts aging and elimination/reclassification of inter-company balances;
  • Long term and short term loans reconciliation per bank and per ledgers;
  • Assist in business plan and latest estimates of the group for various business units for BoD presentaion;
  • Assist in IFRS’s 16 implementation for incorporation right of use assets in consolidation financial statements;
  • Actively involve in conducting an auditing of consolidated financial statements through our auditors;
  • Checking and validating M.I.S management reporting (ML) vs. consolidated reporting at each entity level, noting and reconciling differences on GL to GL level and any grouping mismatch;
  

Experience as Deputy Manager Accounts

• Employer

  Magna Processing industry Pvt LTD

• From

  01 July 2018

• To

  31 December 2019

• Detail

  • Taxable books of accounts under double entry accounting system,
  • Trail balance and financial statement preparation on monthly, quarterly, half yearly and annually and related notes to facilitate review by finance within specific deadline,
  • Reconciliation of bank, account receivable, payables and circulation of balance confirmation request,
  • Exports sale and realization schedule along with outstanding foreign trade debts, advances from foreign customers and their book-keeping;
  • Import schedule and all related expenses, duties, bank payments, shipment clearing and forwarding and its book-keeping;
  • Auditing of Companies books of accounts from our independent auditors;
  • Voucher filing with supporting documents in relevant files;

Experience as Senior Auditor

• Employer

  RSM Avais Hyder Liaquat Nauman, Chartered Accountants

• From

  16 June 2014

• To

  16 February 2018

• Detail

  • Planning the audits, identification of risk areas, preparing the audit strategy and executing the audits efficiently and
  effectively by managing healthy client relationships.
  • Supervising audit team and reviewing audit working papers from planning till issuance of draft financial
  statements.
  • Discussing key areas with management during audit engagements and preparation of final management letters.
  • Preparation of annual and interim financial statements of listed and unlisted clients.
  • Practical experience of handling large audits independently and supervising a team of auditors and meeting
  deadlines.
  • Internal audit services for highlighting control deficiencies and suggesting corrective / mitigation measures.
  • Reviewing effectiveness of operations, financial reliability and compliance will applicable directives, regulations and
  SOPs.
  • Preparing and presenting reports that reflect audit results and document processes.
  • Identifying loopholes in processes and recommending risk aversion measures.
  • Conducting follow up audits to monitor implementation status of prior audit recommendations.
  • Reviewing periodic physical inventory and reconciliations to ensure physical stocks match with the system stock
  reports.
  • Analyzing journal entries to ensure integrity of accounting information.
  • Determining internal audit scope and developing annual audit plans based on risk assessment and key controls.
  • Obtaining, analysing and evaluating accounting documentation, previous reports, data, flowcharts etc.
  • Documenting process flows and prepare audit findings (key risks, keys controls etc.) memorandum.
  • Scanning general ledgers to identify unusual transactions and comparisons with prior period reports for variance
  analysis.
  • Periodic reconciliations of general ledger accounts and identification and resolution of issues.