Experience

Synergy Computers

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

• • Jul 2019 - Present

  As a Manager of Finance and Accounts, I lead and supervise a team of accountants and financial assistants, motivating and guiding them to achieve their goals and objectives.I am responsible for reviewing and approving daily accounting entries, ensuring that all financial transactions are accurately and completely recorded in accordance with accounting principles and standards.I advise senior management on key financial issues, such as resource utilization, tax strategies, and budget forecasts, to help them make informed decisions.I develop, maintain, and analyze financial budgets, preparing periodic reports that compare budgeted costs to actual costs to identify any variances.I prepare monthly management reports to be presented before the management and other scheduled and unscheduled financial reports, such as annual financial statements, quarter advance tax working, and annual income tax returns.I take a primary role in developing financial models and relevant analytics for various business units, utilizing tools such as Power BI reporting to increase efficiency and productivity.I correspond with external stakeholders such as principals, bankers, investment managers, tax authorities, Legal and tax consultants to alleviate any unusual and complex discrepancies and to discuss new proposals.I supervise funds management to maintain adequate liquidity towards short-term and long-term financial commitments while placing excess funds at appropriate investment opportunities.I assist the sales team in preparing cost sheets for customer quotations, providing accurate and timely information to support pricing decisions.I review sales tax and income tax monthly statements to check for discrepancies and ensure compliance with applicable regulations.I review payroll and tax computations for salaried staff, ensuring that they are accurate and compliant with applicable laws and regulations.Regenerate response Show less

• • Jan 2017 - Jun 2019

  Assist in preparing financial statements, annual budgets, and management reports to provide accurate financial information to stakeholders.Act as a coordinator for relationship managers in opening bank accounts, and investment accounts, and obtaining financing facilities by arranging necessary documentation and approvals.Support the Tax Team in corresponding with state revenue authorities for tax audits and responding to queries while ensuring compliance with statutory requirements.Perform the pre-audit cycle, including risk management and control management over operations, financial reliability, and compliance with applicable directives and regulations. Protect against fraud and theft of the organization's assets and interact with external auditors in completing audits.Keep track of payables by checking that all relevant documents are attached, reconciling any discrepancies or errors, and communicating with employees/clients to correct data before processing payments. Ensure that all taxes deducted at source on supplier invoices are duly deposited as required by law.Keep track of receivables and ensure that the correct deductions are made for ITWH & STWH.Compile and calculate summaries of employee monthly income, taxes, and deductions (PF, EOBI, LOANS & Advances), and resolve all payroll discrepancies before processing monthly payroll.Manage the company's bank accounts, including assisting in fulfilling the requirements of existing banks and opening new bank accounts for the company.Communicate with bankers, service providers, and payment processors to resolve day-to-day and other issues effectively. Show less

• • Oct 2014 - Dec 2016

  - Prepare monthly sales tax, income tax reports and coordinating with the tax consultant for timely filling.- Responsible for the disbursement of the payroll, submission, and payment of payroll taxes.- Manage accounts payable, including the recording of expenses, accruals, payments, and reconciliations.- Manage accounts receivable, including the recording of revenue, collections, prepayments from customers and reconciliations.- Responsible for assisting in the preparation of annual budget/forecast;- Responsible for online remittances and bank reconciliation.- Keep awareness over the vehicle maintenance and related expenses through issuance of vehicle inspection requisitions after verification, opening of vehicle insurance claims and reviewing the vehicle mileage sheet.- Communicate with the external auditor, providing all the information requested and any other assistance in relation to the annual statutory financial audit. Show less