Experience

MedAsk

• Pakistan
• Hospitals and Health Care
• 1 - 100 Employee

• Finance Officer Taxation

  • Jan 2022 - Present

  • Monthly budgeting, forecasting and comparison of Actual financial statements with budgeted financial statements.• Monitoring all type of CAPEX and OPEX costs recording in the system• Preparation of all type of fixed assets additions through Fixed Assets Schedule;• Preparation of all type of revenue recording in the system;• Preparation all movement from Capital Work in Progress to Fixed Assets;• Preparation of monthly, quarterly and annual Financial Statements;• Preparation of Monthly Region wise and Site wise presentation of accounts, for MGM and COO presentation;• Monthly closing and adjustments of JVs;• Preparation of Monthly Schedules for Assets and liabilities;• Monitoring of Receivables and payables to fulfill purpose of cash cycle;• Implementation of the policies for the payment of advances to the regions and outsource payments Implementation of the policies for the payment of expenses in order to control any cash leakages;• Monitoring day to day data entry in the accounting software QuickBooks;• Preparation of the data for the compliance of the Income Tax and Sales Tax Compliances



Spine Engineering (Pvt) Limited

• Manager Finance

  • Mar 2018 - Present

  Manager Finance (Feb-2018 till date)• Implementation of the HR and admin policies of the company taking the labor laws into account;• Implementation of the policies for the payment of advances to the regions and outsource payments;• Implementation of the policies for the payment of expenses (payables).• Developed internal controls for the payment receipts and the payables in order to avoid cash leakages.• Implementation of the customized ERP for the data entry for the financial reporting and shifting from the Quick Books and manual accounting;• Monthly budgeting and forecasting of revenue and costs;• Supervision of all the tax workings and payments in respect of all the jurisdictions of the Pakistan and AJK.



Riasat Ishtiaq and Co. Cost and Management Accountants

• Manager Corporate and Taxation

  • May 2017 - Mar 2018

  • Supervised the swift execution of monthly income tax and sales tax liability calculation, payment and filing in respect of all jurisdictions of different corporate clients;• Supervised the annual Income/ Sales Tax Returns / statements filing after making sure that all the tax provisions are complied with specially analyzing the effect of the deferred tax and current tax of the corporate clients;• Supervised the process of the registration with income tax and sales tax authorities in respect of different persons;• Attendance before the Commissioner/ Commissioner (Appeals) and Appellate Tribunal Inland Revenue (ATIR) in respect of different litigations on behalf of the clients;• Processed the claim of Income Tax and Sales Tax refund from the tax authorities.• Availed exemption for withholding taxes under different provisions of the Income Tax Ordinance 2001 from Commissioner Inland Revenue;• Gave opinion and explanations in respect of the changes made in respect of taxation and corporate regulations to different clients;• Supervised the swift execution of the corporate filing to SECP.



Egyptian Pakistani Telecommunication Services Company “EPTSC”

• Telecommunications
• 100 - 200 Employee

• Senior Tax Accountant

  • Jan 2016 - Apr 2017

  • Established strict internal controls to deduct the income tax from all expenses i.e supplies, Services, rent, salaries including gratuity and other full and final settlement;• Kept record of relevant income tax and sales tax updates and assure the swift execution of the same all over Pakistan; and giving directions and opinions to the top-level management back at Orascom International regarding these changes and related implications in case of default;• Accounting of the all-tax accounts in customized ERP and reconciliation of the same on monthly basis;• Prepared and filed province wise monthly sales tax returns and monthly income tax withholding statements;• Corresponded with the Tax authorities and consultants and give them every calculation they want in respect of any litigation at commissioner, commissioner Appeals, Appellate Tribunal Inland Revenue (ATIR) and Honorable High Court level;



JASB Charterd Accountants

• Audit and Tax Senior

  • Oct 2014 - Dec 2015

  • Monthly sales tax liability calculation, payment and filing in respect of all jurisdictions of different corporate/non-corporate clients;• Payment of withholding taxes and fling of monthly withholding statements of the withholding agents;• Processed the registration with Income Tax and Sales Tax authorities; Preparation, filing and appearing in person in respect of replies, appeals, rectification applications miscellaneous applications and other litigations in front of Tax authorities;• Preparation of the commentary on the annual budget in respect of Federal and provincial Finance Bills;• Successful claim of Income Tax and Sales Tax refund and exemption for withholding taxes under different provisions of the Income Tax Ordinance 2001 from respective tax authorities;• Preparation and filing of representation in front of FTO;• Done monthly book-keeping assignments in respect of the clients specifically



Khalid Majid Rehman Chartered Accountants

• Pakistan
• Business Consulting and Services
• 1 - 100 Employee

• Audit & Tax Associate

  • Feb 2013 - Sep 2014

  I have summarized below my responsibilities and major assignments during my articles in the Khalid Majid Rehman Chartered Accountants:Preparation & filing/ e-filing of annual tax returns of corporate & non-corporate clients.Attendance before taxation authorities during tax audit proceedings. Preparation & filing of appeal documents at appellate forums. Preparation & filing of miscellaneous applications, rectification applications, refund applications before tax authorities. Preparation & filing of applications for tax exemption and follow up thereof before taxation authorities.Preparation and filing of representations in front of Federal Tax Ombudsman (FTO). Assistance to Partner & Senior Partner during hearing proceedings at appellate forums.Drafting of various professional opinions on taxation and finalization thereof in consultation with Partner & Senior Partner.Responding to various statutory notices issued by tax department on behalf of clients.Preparation of detailed tax status and confirmation thereof to auditors for the purpose of annual audit.Preparation of detailed submissions/ write up for presentation before appellate authorities during hearing proceedings.Preparation of detailed comments on orders/ decisions passed by appellate authorities.Preparation of detailed comments on annual federal budget specifically on Income Tax & Sales Tax.Assistance to billing department in billing to clients. Annual physical verification, reconciliation with ledgers of fixed assets and stocks and cash count of different clients.Annual Audit of the corporate clients and preparation of financial statements and management and board letters



Riasat ishtiaq & Co.

• Audit and Tax Associate

  • Mar 2011 - Jan 2013

  I have summarized below my responsibilities and major assignments during my association with Audit & Tax departments of Riasat Ishtiaq & Co. Cost & Management Accountants;Audit & Assurance: • Participate in Audit Planning.• Prepared and implanted Audit programs.• Monthly Internal audits and annual External Audits of Client including Listed companies, Private Limited companies and Firms.• Physical Verification and reconciliation with the ledger of fixed assets and stocks for different clients• Prepare draft financial Statements and Management letter.• Prepare draft Audited Reports for internal & external audits.• Interaction with the Executive Management of clients to discuss the control weakness, implications and recommendations.Consultancy:Pre award Capacity AssessmentName of Assignment Pre award Capacity Assessment of 7 NGOsYear 2011-12Location Islamabad, Lahore, Karachi PakistanClient Denmark Embassy Main Project Features Evaluation of Accounting Procedures and Internal Test of ControlsPosition Held Semi- SeniorActivities Performed Audit, Scrutiny of records, Test of Standard Operating procedure Incorporation of Companies, Firms & NGOs. Dealing with SECP for cor