Experience

Pakitex Boards Pvt Ltd

• Pakistan
• Wholesale Building Materials
• 100 - 200 Employee

• Manager Accounting & Costing I FI-CO Lead SAP S/4 Hana I

  • Nov 2021 - Present

  • Leading a successful SAP implementation with a high level of satisfaction and acceptability across all business hierarchies from top management to end users. • Help standardize SAP process across all business units and sites within their functional area. • Standardizing processes across all the depart. involves in FI process. • Costing/Controlling/Reporting data process flow structuring, SAP system implementation for FICO Module. • Creation of master data for SAP implementation i.e. Cost Center, Profit Center Hierarchy, Distribution Cycle, Activity Type & Activity Rate. • Developed the structure of COA of the company. • Creation of Fixed Assets Register of the company from Scratch. • Execute Product Cost Run Estimate, ML, COPA Cycle, Center and accounting accuracy analysis and implement corrective measures and control, SAP Report developments and Financial Model revamp. • Prepare management reports and perform monthly closing activities are performed as per plan and quarterly Financial Statements as per IFRS. • Provide financial modelling to drive an understanding of the short and long-term financial (P&L, Balance Sheet and Cash Flow) implications for significant business decisions, Budgeting Forecasts and investments. • Creates visibility of Full Factory cost including all Variable cost i.e., Direct Labour, Consumables, and Fixed cost i.e., Depreciation, Maint. and other associated cost and spread the cost on monthly basis based on the production plan. • Flagging cost saving avenue and hidden cost over budget/feasibility to covered within price structure. • Reporting of monthly and quarterly budgeted status, and conducts variance analysis for differences between actual and budgeted figures; Identifies reasons for variance between actual and budgeted figures and reporting. • As lead take care of daily support SAP issues in the related business Process Area. Participate in cross divisional and subsequent implementations of SAP and execute project tasks as required Show less



Pakistan International Bulk Terminal

• Pakistan
• Maritime Transportation
• 1 - 100 Employee

• Assistant Manager Finance

  • Dec 2018 - Nov 2021

  > Look after all Tax related matters of the company independently > Corporate Tax Calculation for monthly, quarterly & annually reporting as per the Income Tax Ordinance, 2001. > Working of Quarterly Advance Tax and make sure the compliance of it. > Working on Annual Income Tax return of the company. > Working for refund (Income tax & Sales tax) of the company. > Working of deferred tax calculation for monthly, quarterly & annually reporting. > Liaison with Tax consultants regarding proceeding of the company initiated by Federal & Provisional tax authorities and Revenue Board of Sindh. > Working on monitoring & audit assessment initiated by the tax authority. > Working on notices issued by the Federal & provisional tax authorities. > Working on Income tax exemption for WHT at source by the customers. > Working & update the tax profile of the company. > Supervision to associate for filing of bi-annual Income Tax statement on IRIS. > Supervision to associate for filing of Monthly Sindh Sales Tax return and Federal Sales Tax return on portal. > Confirmation regarding exemption of WH of Income and Sales Taxes as per relevant provision of Tax laws and special approval granted by Tax authorities. > Guide the payable team regarding applicable tax of WHT on payment to vendors. > Calculate & record monthly stamp duty provision based on data obtained from procurement and ensure timely payment as per the statutory timeline of the Revenue Board of Sindh. > Preparation and Compilation of Annual Budget of the company and review it with Finance Manager for management approval. > Monthly cost analysis of the company with budget and make sure the bifurcation of cost as direct and indirect. > Monthly Management account and MIS reporting to Management. > Explanation on variation of cost with budget and some period of last year. > Assist working on feasibility of project of the company. > Working on reports which are asked by the immediate and CFO Show less



Deactivated Page

• Pharmaceutical Manufacturing
• 100 - 200 Employee

• • Jan 2018 - Dec 2018

  > Monthly costing run on SAP after finalization of FOH as well as adjustments/entries for batches. > Confirmations that all the STN (Stock transfer notes) have prepared and stocks properly transfer. > Reconciliation of Inventory & W.I.P on monthly basis with respective Ledgers. > Analysis the consumption of Raw & Packing material issued to production for batches and make sure the consumption with unit produced. > Analysis of FOH with budget and compared it with last month and find the reasoning for variation. > Working on capitalization, addition of the fixed asset in SAP (Asset master). > Review, monthly quarterly & annually schedule of fixed assets and accumulated depreciation. > Finalization and close the sales on monthly basis. > Preparation monthly/quarterly accounts as per group prescribe format & report to parent via online. > Preparation the sales result and submit it to parent company (Japan) on monthly basis. > Working on monthly MIS reporting. > Preparation of the annual Budget & submit it to Management for review then submit to Japan. > Identify issues and develop solutions related to accounts receivables activities and processes. > Checking & approved of daily invoices & settle the customer claims. > Review the weekly receivable aging to parties & report it to management. > Check and verify the credit voucher properly post in customer account on SAP. > Review Bank Reconciliation of the company in first stage. > Responds to inquiries from the immediate & F.D regarding financial results, special reporting requests and the i.e. different segment G.P result. > Corporate Tax (Current/Deferred) calculation and coordination with Tax Consultant.> Preparation & e-filing of Monthly/Annually Income Tax return on IRIS.> Preparation & e-filing of Monthly Sales Tax Return & coordination with Consultant.> Preparation & Filing of return of Non-resident parent/Associated Companies.> Advice to colleague regarding exemption to W.H of income Tax. Show less

• • Nov 2015 - Dec 2017

  > Identify issues and develop solutions related to accounts receivables activities and processes > Checking & approved of daily invoices issued to customers/distributors • Check and review monthly provisions against scheme announced by the company. > Finalization and closing of the month sales. > Checking the credit parties account reconciliation with General Ledger. > Assist to immediate for monthly product costing and closing of the batches in W.I.P. > Working on monthly Reporting to our parent company (OPF Japan).> Working on monthly MIS reporting to management. > Checking the parties claim against the various scheme offered by the company.> Review the weekly receivable aging to parties & report it to management.> Assist in preparation of the Budget of the company.> Filling of monthly statement/return under section of 165 of the I.T Ordinance, 2001 on IRIS system. > Withholding of Income Tax at time of payment to parties. > Preparation of PSID of W.H of Tax for Tax challan. > Reply to notices issued by Tax authority regarding W.H Tax compliance. > Advice to colleague regarding exemption to W.H of income Tax . > Monitor customer account details for non-payments, delayed payments and other irregularities. > Checking of credit voucher posted on SAP. > Review of Bank Reconciliation in first stage. > Follow established procedures for processing receipts with customer. > Record fixed asset acquisitions and dispositions in the accounting system. > Update the Master Data in SAP for acquisition of Fixed Assets and Depreciation run on SAP. > Review and update the schedule of fixed assets and accumulated depreciation and reconcile with Ledger. > Responds to inquiries from the immediate & F.D regarding financial results, special reporting requests and the i.e. different segment G.P result. > Financial Statement Analysis & Present Financial ratios along with report writing. Show less



KPMG In Pakistan

• Pakistan
• Accounting
• 700 & Above Employee

• Tax Associate

  • Nov 2014 - Nov 2015

  > Monthly & Annual Withholding Statements on e‐portal as well as on IRIS system. > Preparation and filling of Annual Income Tax Returns of clients on IRIS system. > Notices Replies to Tax authorities issued by it to client and also look after routine matters of client. > Carrying out NTN registration process on behalf of the clients. > To ensure proper withholding of taxes as per applicable laws. > Prepare working of quarterly advance income tax on behalf of clients. > E‐filing of Monthly WHT Statements, E‐filing of annual WHT Statements, extensions and getting them audited by the tax authorities. > To ensure compliance of tax matters and follow up from FBR authorities. > Conduct internal tax audit of the on behalf of the clients. > Assist clients' in planning tax matters. > Prepare reconciliation and other documents for tax audit and monitoring of withholding taxes under Income Tax Ordinance, 2001. > Preparation and filling of exemption of W.H.T on IRIS system on behalf of client. Show less



Bakhtiar & Company

• Karachi

• Tax Supervisor

  • Oct 2013 - Nov 2014

  > Assisting clients in respect of discharging of their tax Obligations (PSID). > E‐filing of Monthly WHT Statements, E‐filing of annual WHT Statements, extensions and getting them audited by the tax authorities. > Prepare documents required to obtain exemption certificates and e‐filing of exemption application under Income Tax Ordinance, 2001 on behalf of different clients. > Preparation and filing of appeals in Commissioner Inland Revenue (Appeals) and Appellate Tribunal Inland Revenue against the orders issued by the taxation authorities > E‐filing of Monthly Returns of Sales Tax. > Assisting in appeals filing and hearing matters. > Calculate provision for taxation on estimate basis. Show less