Haider Farooq Shahid
Accounts and Finance Professional | Volunteer
Multan
Summary of Career
1. Managing all finance and accounts related tasks including preparation of financial statements, budgeting, variance analysis, reports, bank reconciliation, timely collection of receivables, cash management, payroll and other relevant benefit process etc.
2. Making of agreements and contracts with vendors, vendor reconciliation, account payable management and payment process, correspondence with airlines, banks and etc.
3. Supervising the staff in complete accounting cycle from preparation of vouchers to financial statements and monitoring of expenses.
4. Implementation of internal controls and procedures as well as recommendation on loopholes in controls.
5. Work as first auditor for company and safeguarding the company’s interest.
6. Having experience of internal audit, development of audit programs and identification of queries, their probable effects and recommendations.
7. Having experience of income tax matters, including filing of income & sales tax returns, calculation of tax liability, filing of withholding tax returns & etc.
8. Proficient in the use of MS Excel, MS Word, MS PowerPoint & Outlook.
9. Good communication skills, both verbal and written.
10. Experience in leading a team of 5 to 10 members.
During leaving of one station finance in charge I do step forward and handled the another station in addition to my own station. I do also trained the new finance staff at his joining.
Experience as Finance Supervisor
10 July 2015
08 June 2020
I am the Station Finance In charge of Multan station and my duties are to manage all finance and accounts related tasks at an outstation office of the airline. My duties include preparation of monthly reports including variance analysis, keeping the bank, debtors & vendors reconciled & etc. Budgeting, salary process, making agreements with third parties and maintenance of all records at an outstation falls under the ambit of my duties. I have attended the Finance Orientation in Doha for complete understanding of accounting cycle.
Experience as Manager Accounts
01 April 2013
09 July 2015
As a Manager Accounts my duties were supervising accounts staff in complete accounting cycle from preparation of vouchers to financial statements preparation. I was also working as MIS custodian there. Preparation of monthly reports, variance analysis, performance evaluation, credit evaluation and control, budgeting, ensuring policies implementation and including reconciliation with vendors, customers, banks, airlines, agreements preparation, communications with banks and airlines falls under the ambit of my duties.
Experience as Manager Accounts & Tax
13 January 2012
30 June 2012
As a Manager accounts & tax my duties were supervising accounts staff in complete accounting cycle from preparation of vouchers to financial statements. Filing of income tax, sales tax returns and withholding statements, communication and reply to the notices of tax authorities falls under my responsibilities. Furthermore communication with vendors, customers, bank authorities, costing of products, agreements preparation, vendors reconciliation, bank reconciliation, handling of export matters, issuance of L/Cs and etc.
Experience as Audit Senior
29 May 2008
12 January 2012
As an audit senior I have worked in various departments of firm including tax department, internal audit & corporate audit departments. The tasks performed includes computation of income tax liability, sales tax liability, advance tax computation u/s 147, filing of income tax return, sales tax return, annual and monthly statements u/s 165, preparation & answering the queries raised during audit of tax authorities, processing of tax refunds, assisting to the manager in planning of audit assignments, developing of audit programs, conducting the audit of clients, preparation of audit reports & financial statements, review of internal controls, probable impact and recommendations, suggestions and steps to improve the controls, verification of compliance with applicable laws and regulations, supervising and ensuring the completion of assignments within due time and etc.
Other 13 January 2013
Certified Internal Control Auditor (CICA) - The Institute of Internal Controls USAOther 11 May 2011
CA Intermediate ( Accounts, Audit, Taxation) - ICAP (Pakistan)Bachelor 11 September 2004
BA - Bachelor of Arts (Economics) Bahauddin Zakrya University Multan