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Chief Accountant Financial Officer

Location:
Karachi, Sindh, Pakistan
Salary:
450000
Posted:
March 31, 2022

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Resume:

Muhammad Yousuf Qureshi

Flat No. *** *th Floor, Al-Ghafoor Heaven,

F.B Area Block 7 Near Taalemi Bagh Karachi

Karachi-75300, Pakistan. Hello. Cell: 033*-*******, 030*-*******

+923********* whats app

E-mail: adqm6n@r.postjobfree.com adqm6n@r.postjobfree.com

Skype ID: Muhammad_yousuf_qureshi

(Please reply through Cell phone, Skype ID or E: mails).

Qualification

Professional: 2005 Chartered Accountancy -Qualified-ACA

Institute of Chartered Accountants of Pakistan

1996 Cost Management Accountancy -Qualified-ACMA

Institute of Cost & Management Accountants of Pakistan

2007 Corporate Secretary – Qualified- ACIS

Institute of Corporate Secretary of Pakistan

Academic: 1993 M. Com (Finance) with 1st Division from

Karachi University -Pakistan

1991 B. Com with 2nd Division secured (59.7%) from

Govt. Premier College Karachi

Organizational Experience:

Audit Practice by way of Haroon Zakaria & Company (CA Firm), Munif Ziauddin & Co. (CA Firm) and A.G Habib & Co. (Chartered Accountants) from Oct. 2018 to Date

Core Activities

Review of Client’s Financials Review of Audit disclosure as per IAS and IFRS

Preparation of Budget and Projections Preparation of Client’s Accounting System-ERP

Present Internal Controls on Taxation Financial Reporting with Standards (IAS, IFRs)

Present Cost & Price Evaluation Client’s Feasibility report on Project Finance

Audit & Assurance:

Overall activities of audit and assurance including Statutory Audits, internal Audits, Special audits.

Reviewing adequacy of audit documentation to ensure that audit conclusions drawn to form opinion are reasonable.

Responsible for planning, executing and finalizing assurance engagements in accordance with international Standards on Auditing (ISA).

Preparation of client’s audit engagement letter wrap on audit limitation, scope and documents list

Preparation of audit planning memo and develop audit work program.

Team briefing to engagement tam members regarding nature of risks that may come across during assurance engagements.

Assessment of trainees and responsible for overall hierarchy of audit and assurance.

Facilitating the review of files, along with conclusions drawn, to the engagement partner.

OVERSEAS PROJECTS

SWT Tanners Limited –Uganda (Kampala) June 9, 2015 to October 2018

Group Financial Controller/Group Internal Auditor

Report to Chairman/Management Committee.

Core Activities

Accounting and Financial Management Business Planning and Analysis

Financial Reporting with Standards (IAS, IFRs) Controls and decision support

Cost Management and Variance Analysis Fund Resources Management

Budgeting and Project feasibility Managed Audit & Scrutiny Controls

Income tax and Value Added Tax Sales and Corporate Affairs

Other Activities:

Preparation Company Accounts, (Balance Sheet, Profit & Loss Account, Cash Flow and Change Capital Equities Schedule.

Managed all day- to- day cash flow activities (In and out) for daily operation and other necessary disbursement.

Managed Internal Controls under six sigma applications changing in performance and development

Responsible of fund arrangement from bank and customers.

Funded from bank ( Demand Finance and Running Finance)

Funded from customers: (Daily Cash Sales and Advance against contract signed)

Income Tax and Sales Tax

Advisory to Accounts and Tex department on tax laws as per Uganda Revenue Authority.

Reviewed of VAT Return filling and claiming refunds/input before submission to Revenue Authority.

Corporate & Secretarial:

Managed and scrutinized the all corporate credentials to proper files.

Adam Sugar Mills Ltd-Pakistan October 30, 2007 to May 30, 2015

Chief Financial Officer/Company Secretary

(Reported to Chairman & Director Finance)

Core Activities

Accounting and Financial Management Business Planning and Analysis

Financial Reporting with Standards (IAS, IFRs) Controls and decision support

Cost Management and Variance Analysis Fund Resources Management

Budgeting and Project feasibility Growth Strategy development

Income tax and Sales Tax Corporate Affairs and IPOs

Other Activities:

Preparation Company Accounts, (Balance Sheet, Profit & Loss Account, Cash Flow and Change Capital Equities Schedule).

Managed daily cash flow for daily operation and other necessary disbursement.

Responsible of fund arrangement from bank and customers.

Funded from bank : Demand Finance and Running Finance

Funded from customers: Cash Sales and Advance against Contract singed

Responsible for timely payment to Cane Growers, suppliers, market committee, statutory liabilities and workers payroll.

Managed grower payment schedules with scrolls system and satisfy to growers in fluctuation rate and weight.

Daily Report to Chairman on following activities:

Daily Cash flow, Cane crushing Production & Recovery Molasses Production

Sugar bags lifting, weighted average crushing rate, Store movements.

Daily Cost sheet and effective variance, Daily Statutory Report for district DCO, DDR and Food Department.

Preparation of monthly Management Accounts, budget and Cost Variances report.

Supervision of statutory Audit and internal controls affairs.

Provided guidance and lessoning to staff regarding rules of GAAP, IFRS and IAS Standards

Income Tax and Sales Tax

Compliance with Tax department of various amendments brought about in tax laws by Finance Act, Statutory Regulation Orders and comments thereon.

Formulation of corporate and individual tax planning and strategy.

E-Filing of tax returns on monthly basis and annually (staff salaries, suppliers and others).

Registration of Sales tax, Income come tax and D-registration of Sales tax under Act 1990.

Corporate & Secretarial:

Corporate compliance and review of pending Issues.

Preparation of meeting Agenda, minutes of the meeting, books of shareholder

Other Corporate matters and interrelate with SECP

Fateh Textile Mills Limited-Pakistan February 2005 to October 25, 2007

CFO-Spinning Division

RESPONSIBILITIES:

(Reported to Managing Director)

Governed responsibilities of Chief Financial Officer in Spinning Division.

Finance & Accounts:

Supervised the entire areas of Accounts/ Finance department and controlled all consequence which matter of Business Operation activities.

Managed daily cash flow activities for daily operation and other necessary disbursement.

Responsible of fund arrangement from bank and customers.

Responsible for timely payment to Cotton ginners, Growers and workers payroll

Prepared Final Accounts (Profit & Loss and Balance Sheet) and comprises Notes under necessary obligation of listed company.

Procurement and Production

Responsible of Cotton Procurement from Ginner’s and Grower’s on credit aging basis.

Purchased Store Items, as per departmental requirement through proper documentation.

Sales & Marketing:

Responsible of Yarn and waste sales to open market with the help of yarn broker’s as market based rate on cash and credit.

Responsible of Export Sales under prescribe government allowed cotta on sight and 90 days LC’s.

Controlled all credit sales and bad debts as per company policy.

Union Fabric (Pvt.) Limited – Pakistan September 1995 to January 2005

CHIEF ACCOUNTANT

(Reported to Managing Director)

Supervised Accounting & Finance section

Dealing with bank on daily fund disbarment and short term finance activities

Prepared Final Accounts (P &L Accounts and Balance Sheet),

Preparation of daily fund flow statement, Financial Analysis and reporting writing).

Costing analysis and controls with standard costing system

Settlements of Taxation & Corporate matters…..

Articleship (March 1991 to May 1995)

March 1991 to May 1995 Associated with Hameed Chaudhri & Co, (Chartered Accountants- Lahore & Karachi), Affiliated with International Accountancy firm Shinewing International Situated at Fareast Europe and America.

Computer Skills

Oracle Financial 11i, ERP Management System, Six Sigma Applications, MS Office (All Applications),Tally software, Quick book, Internet and a sugar software which designed by a software company in the name of Computer Information Services (CIS) (Pvt.) Ltd

Personal Information

Father’s Name Muhammed Ashiq

National Identity & Passport No. NIC- 42101-0207735-1 and Passport No. CN4917353

Languages Urdu, English,

Religious Islam

Marital Status Married

Health & Fitness Excellent and no major decease or accident in past

Date of birth October 19, 1966

Reference

Mr. Haroon Mr. Umair Bawani

Haroon Zakaria & Co. (Chartered Accountants) Friend, 032********

Cell 032********



Contact this candidate