Muhammad Hassan Aftab
Finance, Accounting, Audit and VAT
Dubai
Summary of Career
1. VAT implementation and compliance, ERP implementation liaison
2. External audit, internal audit, pre-audit, post-audit, team leader
3. Self-motivated, focused approach and target oriented, task accomplishment, skeptical thinking
4. Professional skepticism, risk assessment, business communication and meetings presentations
5. Analytical skills, data mining, data drilling, performance measurement & efficiency reports
6. Time management, performance management, ownership and initiative, decision making skills
7. Tax management, planning, coordination, execution including tax audits and appeals
8. Cash flows, and treasury management, forecasts and projections, monitoring and control
9. Corporate filing and reporting, company secretary, statutory financial statements (IFRS 15, IFRS 9, IFRS 3, IFRS 16), balance sheet, profit and loss, cash flow statements, Variance analysis
10. Accounting and book-keeping, payroll processing (WPS), monthly reporting, annual closing, invoicing, credit control and receivable management, processing payments & payables control, working capital management
Experience as Manager Accounts
NRS International FZCO, Dubai UAE
01 September 2015
To date
(A purpose-driven business of designing, developing and supplying fit-for-purpose, innovative products such as relief essentials, shelter solutions, core relief items such as tarpaulins, solar products, multipurpose tents and mobile storage units to UN agencies like UNICEF, UNHCR, ICRC, WFP, WHO, leading NGOs and international organizations worldwide to address humanitarian crises or natural disasters. While reporting to CFO, and leading a team of five, my tasks have detailed below.
Duties:
Performing analysis and tailored management reports related to efficiency.
Articulate MIS reporting requirements by delivering consolidated financial statements for the group companies.
Lead yearly closing of books, and liaison with external auditors for efficient process.
Leading my team and brainstorming issues related to VAT compliance including monitoring timely filing of monthly VAT returns and claiming refunds.
Represent company in liaison with banks for negotiating funded and non-funded facilities and ensure maintenance of related documents.
Developed and executed an efficient cash-operating cycle including petty cash, accounts payable, accounts receivable, credit monitoring and working capital management.
Monitoring to ensure accurate payroll processing through WPS.
Delegate job duties to ensure the proper posting of transactions events in ERP
Head weekly statuses for receivables and cash flows and internal audit on transactions flow.
Navigate accounting reconciliations are undertaken in accordance with agreed timelines.
Take a lead over timely preparation of customer invoices (based on factory reports, and logistics data) and resolution of customer queries and ensure adequate follow up for outstanding amounts.
Review and validate international vendors invoices using various payment options suiting best forex rates and approving factory purchase orders, supplier POs, and freight forwarders’ POs.
Managed multiple assignments efficiently while meeting tight deadline.
Achievements:
Filing of Economic Substance Regulations (ESR) Notifications for the group companies.
Introduced Group Level Financial Statements reporting, monthly for board of directors.
Acted as systems analyst in successful implementation of CRM, Logistics & Finance Module of SAP Business One 9.2 & Oracle NetSuite.
Introduced preaudit for the transactions as per standard operating procedures leading to cost savers.
Took the lead over newly launched VAT in terms of Group Registration, onward compliance; return filing and successful refund claims.
Experience as Manager Finance
Mint Consulting Group (MCG)
15 April 2013
31 August 2015
I had been assigned responsibilities for various projects taken up by the group including mainly a land development project (Ethiopia, Africa), control shed poultry farm, and a trust formed for the welfare of helpless persons. I reported to Finance Director with my key duties described below:
Duties:
Project expenditure management and monitoring.
Team lead for books of accounts, financial and management reports and analysis.
Prepared feasibilities and investment analysis including country research related to available
investment venues in agriculture as well as telecom sector.
Funds management with respect to banks including terms of investment and return.
Arranged for financing, operating and legal measures for monthly disbursements for the trust.
Liaison with staff abroad re invoicing the foreign clients.
Liaised with poultry farm suppliers and assisted in collection of receivables.
Headed filing for income tax and sales tax returns & resolved issues relating to trust and the project.
Experience as Finance Controller
Hotel LeGRAND
01 September 2011
31 March 2013
Spearheaded the preparation of accounts for tax reporting (income tax and monthly sales tax returns).
Brought in operational efficiencies, through introducing policies robust internal control procedures, managed daily sales revenue, and ensured accurate and timely corporate clients’ invoices.
Attended Board of Directors meetings to deliver presentations on key financial operations, and represented company in different forums related to trade associations and government.
Monitored month end management reports including financial statements and efficiency reports.
Took a lead over annual budget and budget comparison reports on monthly and quarterly basis.
Ensured accurate daily reports for management including cash flows, income & expenditure together with receivables and payables statuses.
Liaised with banks, management and tax consultants, and IT consultant for day to day operation and ongoing improvement of system.
Experience as Group Manager Finance & Accounts
Pak National Distributors (PND Group)
01 September 2010
31 August 2011
Preparing Quarterly Accounts and monthly budgeted Profit and Loss.
Preparing analysis and valuation of Closing Stock.
Reviewing and coordinating various kinds of Management Reporting including Stock Reports, company claims, Debtors Ageing, Staff Advances, Reconciliations with companies and banks.
Performed Taxation related matters like E-Filing of Sales Tax Returns, Workings for Advance Tax u/s 147 and filing of quarterly withholding tax statements u/s 165.
Managed banks for day to day financing transactions such as Morabaha and Tijarah in order to meet working capital needs of various distributions.
Experience as Management Trainee – Business Finance
Pepsi Cola Bottlers (RBL Private Ltd)
01 March 2010
31 August 2010
I reported to Business Finance Controller and my key responsibilities were:
Duties:
Involved in daily performance reports related to retail sales, load ability and cash collection on various warehouse locations.
Preparation of weekly efficiency reports for vehicles, give away, samples, zones, routes, outlets, loading, key accounts, and supply chains.
Involved in computation of sales promotions vouchers and effecting rate changes.
Performing calculations and disbursing monthly bonuses to conversions and retention outlets.
Liaison with in-house system development team for tailoring of newly required reports by management in Oracle.
Experience as Associate
KPMG CHARTERED ACCOUNTANTS
01 February 2006
31 August 2009
Audit and Other Assignments:
During the training period, I was involved in audit and financial advisory services for the following:
Telecom Sector
FMCGs, and Public Service
Manufacturing Sector
Agriculture; plantations; other rural sectors
Non-Government Organizations
Mechanical engineering
Other 07 December 2018
ACA from Institute of Chartered Accountants of Pakistan (ICAP)Other 01 October 2020
UAE VAT Compliance Diploma