Licentiate Corporate Secretary
Institute Of Corporate Secretaries Of Pakistan
Corporate & Commercial Laws, Secretarial Practices
I am passionate finance professional with more than eight (8+) years of diversified experience and strong record of leadership and delivery of services in multidimensional and multicultural working environment, combining broad exposure in all aspects of Finance, Accounts and Internal Audit. I hold degree of Masters’ in Commerce (M.Com) and pursuing professional qualifications Licentiate Corporate Secretary (LCS-Inter), Cost and Management Accountant (CMA-Inter) and Certified Public Accountant (CPA-Finalist).
Corporate & Commercial Laws, Secretarial Practices
Cost & Managerial Accounting & Reporting, Financial Accounting & Reporting, Financial Management, Business Taxation
Mathematics & Physics
To finalize the accounts periodically demonstrating solid understanding of GAAP, IAS, IFRS & SOPs after careful verification of trial, adjustments for HO and branches,
To prepare Bank & Creditors/Debtors Reconciliations and Aging Report, Expenses Reimbursement Report, and other Monthly Management Reports to report seniors,
To prepare and follow up for in time approval and incorporation in MIS, the annual budgets (Capital & Operational), reallocation and additions therein for all branches and Area Offices, by communicating all relevant policies for current Financial Year,
To prepare periodically a variance report and cash management report all expenses & incomes, tracking and reconciling profit / loss stating the funds requirements & cost,
Responsible for in time transfer of funds from CZC to PZC & DZCs and their branches and subsequently their disbursement, processing loan requirements and subsequent recovery of charges / loans from branches, observing the bank debt costs,
To approve the payments for all vendors, procurement and operational charges (including withholding taxes & their payments) as needed by the branches,
Preparing & transferring salaries (Payroll) of all branches through bank debit advices after verifying that HR leave record been updated,
To get the prior approvals and release of funds for procurement through quotations or tenders after verification of inventory levels as defined and need & cost estimation,
To verify requisitions, take quotations for procurement; prepare comparative statements, finalizing purchase orders, receiving goods and issuing G.R.N. etc,
To prepare and get published pre-qualification notices, invitation to bids, updating blacklist report on monthly basis followed by preparing all bidding documents and ensuring their availability and dissipation to bidders, evaluating the bids upon tender opening and finalizing the process documentation,
Responsibility to identify and manage risks by highlighting issues with potential solutions, maintaining a liaison between legal and accounts & finance sectors to incorporate the regulatory compliance,
Ensuring compliance with internal (audit methodology and risk management) and external (regulatory) requirements by settling MLs, identifying the staff weak areas.
Coordination and liaison regarding annual appraisals of all branch staff, their transfers & posting, insurance processing and payments, training sessions, assets management, project costing etc.
To monitor Inventory module on daily basis and further verification of reporting data for Sales and respective receipts to HO using Sales Report, Invoice Summary, Stock report and Receivables Report.
To reconcile the inventory data (including opening & closing stock taking and transferred product from host to depots) with host and reconcile further with excise documents and shipping papers.
To process payments details and forward to HO for onward billing and clearance.
To manage inventory that included coordinating with depots for in time and continuous supply of products from different strategic locations within the country.
To monitor receipt (Cash and Bank) vouchers, journal vouchers, Accounts Receivable & Payable Report & Aging, Rebate calculation for certain dealers, Freight billing, Reconciliation statements with schedule and position reports (Bank Accounts / other stakeholders), and other general management reports.
To perform monthly revenue analysis, including accrued to actual variance analysis and prior period adjustment explanations.
To ensure that results in revenue transaction systems and Excel are timely and accurately reconciled with information in the general ledger and reconciled volumes to the measurements system or outside pipeline statements.
To assist senior executives and Manager F&A in budgeting for Sales, Inventory and location documentation regarding product movement.
To finalize and close accounts on quarterly basis preparing branch financial statements and other customized reports. Further communicating the financial performance as per financial statements analysis to Manager and Group Manager on monthly basis through variance analysis of budgets.
To retain the management record and monitor the performance of the staff by scheduling the shifts.
To develop the scope for audit and supervise assistants in planning, selecting & developing appropriate audit procedures for approval of Audit Plan.
To ensure that for each audit engagements, a practical budget is established, work is completed and reported in time, as per scope, performances are evaluated, and variances are properly accounted for.
To review and identify risks and ensuring that the same are impediment in the operations and internal control.
To review the documentation outputs from planning to report writing before these are endorsed to Senior Audit Manager for review and approval.
To represent the reliability and integrity of financial operating information and the means used to identify, measure, classify and report such information whenever requested, in opening and closing meetings and other delegated assignments
To perform all field work in a competent and professional manner and to provide evident support for all report recommendations after a Critical review of the procedures adopted by the entities, which may have significant impact on operations.
To give a review regarding the means of safeguarding company’s assets (Lease hold tangible) and verified existence.
To prepare or review draft audit and finalize status memo obliging coherent and concerned legislation, company laws in practice and undertaking obligatory accounting reporting standards IFRS/IAS for presentation to Manager.
To monitor the action plans due for implementation and ensure that items are followed-up where projects are completed,
To assist the Head of Internal Audit and Compliance and Senior Audit Manager in promoting awareness on the role of Internal Control Department to management and employees of the clients
To ensure that the use of Audit Management Tools is maximized to increase efficiency in performing internal audit activities by devising, implementing and monitored effective internal control and prescribing system manual
To demonstrate superior performance through comparisons in all attributes of professional conduct.
To prepare feasibility studies regarding expansion plans.
Major Full Scale Audits Conducted:
Pesticides & Chemicals – Green Crops Ltd, Solex Chemicals Pvt. Ltd.
Construction & Floorings - First Floor Group, Interwood Floorings.
NGOs & NPOs - JIAAU, Green Life.