M. Shahroz
Accounts and Finance
Karachi
Summary of Career
1. A CIMA qualified Deputy Manager Account and Finance, analysing and interpreting financial accounts and business performance data and producing insights for C-level leadership that ‘cuts to the heart’ of where business performance is failing or can be improved.
2. Leading major finance change to improve financial management and reporting capability, delivering maximum value to the business at optimum cost.
3. Analysing process flows and re-engineering financial process to drive accuracy and efficiency.
4. Led financial transformation programmed
5. Performed audit to identify SWOT.
6. Excited under-performing staff; evaluate new hires.
7. Introduced new performance management framework.
8. Handling tax matters.
9. Built relationships with key stakeholders
10. Re-engineered financial processes and controls.
Reduction in company overdraft balance by identifying the economical source of fund and define minimum stock level.
Created robust pricing model with sophisticated financial analysis tools to protect profitability.
Transformed forecasting and management information using advanced Excel, which improved forecasting to just a 1% margin of error.
Reduce time frame of external auditor from 45 days to 15 days in conduct of their annual statutory audit. Secondly, Led the notice issued by tax authority with meeting the deadline define by commissioner FBR.
Experience as Deputy Manager Account
Imran Crown Corks Pvt Limited
10 April 2014
30 November 2019
* Direction and co-ordinate company financial planning and budget management.
* Direct month end closings and prepare monthly operational and financial reports as required by Group CFO and Board of Directors.
* Responsible for analyse and interpret data in order to develop pricing strategies.
* Monitor input costing changes and develop sensitivity analysis, to provide reporting on potential changes in pricing of finished products.
* Conduct internal audit activity on monthly basis of different support function of operation like raw material, stores & spares and finished good. To give recommendations in relation to the improvement of internal control Systems and monitoring the performance of system.
* Conduct analyses of revenue and expense to track performance of various departments within the company.
* Checking and verifying the accuracy of the payments made to creditors for supply of goods & services and also ensuring that the Income & Sales Tax has been withheld as per the rules specified by the Taxation Authorities.
* Provide guidance to both staff (i.e. head office and factory) in detecting reoccurring problem areas within the overall accounting systems and their daily routine procedure.
* Review / working of income tax return for the complete financial year.
* Assist Statutory Financial Auditors in conduct of their audit, keeping communication in relation to finalization of Financial Statements and resolution of audit observations.
* Review / working of income tax assessments, monitoring, sales tax audit and other regulatory notices issued by the FBR. Coordination with Tax Consultant and providing supporting documents / workings in cases pending with the Taxation Authorities.
Experience as Assistant Auditor
Gadoon Textile Mill Limited
22 September 2012
22 March 2014
* Pre-Audit of all payments prepared by the Account Department;
* Pre-Audit of Payroll department working, including salaries, overtime bonus, loan and final settlement as per company policies;
* To give recommendations in relation to the improvement of internal control Systems and monitoring the performance of system.
* Performing physical stocktaking of Raw materials, store & spares, waste and finished goods on monthly basis.
Matric 01 April 2004
Pre medical 84%Intermediate 01 May 2006
Pre medical 70 %Bachelor 01 December 2018
B. Com 1st division 68%Master 01 December 2011
M. Com (Finance) 3.2 GPA University of KarachiOther 21 November 2019
Chartered Management Accountant (CMA)