Experience

Bazaar Accounting & Management Advisors LLC

• United Arab Emirates
• Accounting
• 1 - 100 Employee

• Senior Consultant Outsourcing Accounting Department

  • Aug 2022 - Present

  Management of accounting department team seconded to the client Training of new accounting team to implement new accounting policies and procedures designed for client. Management of the month-end and year-end closing of books of the client. Ensuring that all applicable accounting standards are applied. The following support includes but not limited to the following. a. Preparing and maintaining the clients’ general ledger accounts, bank reconciliation, prepayments, and fixed assets schedule. This includes processing of monthly accruals, amortization of prepaid expenses, fixed assets depreciation and recording of adjusting and reclassification journal entries, if necessary. b. Facilitating the implementation of new IFRS (ie. IFRS 16 – Leases workings) to ensure clients’ compliance to new standards. c. Recording of revenue and receivable and ensuring that the same are reconciled with sales data. d. Record Bills and staff reimbursements and to ensure that all are paid accurately and in accordance with client policies and procedures. e. Reporting for Account payable and Account receivable aging f. Coordinating with the clients’ related parties to reconcile and confirm month-end and year-end balances. g. Coordinating with the clients’ Suppliers and Customers to reconcile and confirm month-end and year-end balances. h. Prepares clients’ quarterly VAT returns in a timely manner to ensure complete documentation Process the clients’ monthly payroll, taking in to account any bonuses, commissions and other benefits and all required deductions such as loans and tax, if any. Further, preparation of monthly payroll summary and pay slips for each employee. Calculating the clients’ monthly accrual of the statutory gratuity payments payable under the applicable rules and UAE Labour Law. Performing audit support to the clients. Providing documentation, information, and the required workings for the year-end financial audit. Show less



Haroon Malik & CO., Chartered Accountants

• Pakistan
• Accounting
• 1 - 100 Employee

• Manager business Advisory (Finance Management outsourced)

  • May 2014 - Feb 2022

  Helping establish finance and reporting functions to newly established organizations in Pakistan. Monitor, analyze and manage the day-to-day affairs for clients Managing accounting team. Managing tax team for corporate tax compliance. Submission of Sales tax (VAT) returns of federal and provincial authorities for multiple entities Submission of VAT returns (UAE, KSA) remote. Advising on tax and regulatory issues. Designing systems of Internal controls for organization. Involved in budgeting. Correspondence with banks for loans, payments, imports and other banking activities. Helping clients procure Insurance services and correspondence of related risks. Payable and receivable management Preparation of financial statements. Initial meeting with clients for projects acquisition. Business process re-engineering and transformation Managing and liaison with external auditors on behalf of clients as acting Manager Finance. Tax audits started by tax authorities on behalf of clients. Accounting software installation, implementation and user training ERP implementations on behalf of clients. Technical and functional support for ERP development Show less



gourmet FOODS

• Pakistan
• Food & Beverages
• 400 - 500 Employee

• Assistant Manager Finance, ERP Implementer, Analyst

  • Jan 2013 - Apr 2014

  ERP Implementation • Implementation of Store, Finance, Production, HR and Sales modules of ERP. • Analyzing the information systems for accuracy and sufficiency of information provided by the system. • User training and dealing with user problems. • Supervising IT team during implementation and reporting to management • Drafting chart of accounts for entities. • Analyzing system for compatibility with ERP • Business production study and recommending reports for information system to monitor production • Dealing with problems raised in all modules after implementation and ensuring correct accounting. • Analyzing organization systems for duplication or omissions. Other Responsibilities • Supervising accounting and directly reporting to CFO for restaurants,beverage and construction units accounts . • Involved in budgeting review,presentation for approval and comparison against actual results • Monthly reconciliations of creditors,receivables,inter unit receivables and banks • Suggesting accounting policies and controls while monitoring the effects for improvements and ensuring they are being effective and followed • Validation of cash,bank and journal vouchers • Preparation of Financial Statements and Reporting to management. • Processing party payments and preparation of payment schedule within budget. • Group accounting Show less



M/S Faisal Iqbal Khawaja Chartered Accountants

• Lahore

• Audit senior

  • Jan 2011 - Dec 2012

  • Conduct of statutory audits and system audits. • Conduct of internal audits and designing the system of internal controls. • Assessment of the financial statements in order to ensure their compliance with the requirements of the local laws, regulation and International Financial Reporting Framework (IFRS). • Holding meetings with client personnel to resolve issues and removal of the expectation gap. • Part of Team for quality control review. • Risk Assessment,Test of controls and Analytical review Show less