Experience

Khilji Rahat Waheed

• Pakistan
• Accounting
• 1 - 100 Employee

• Director of Taxation

  • Mar 2023 - Present

  * Efficaciously managing assessment amendments and corporate tax audits of various clients* Working closely and collegially with external clients and with line management and control functions to ensure efficient and effective provision of tax audit* Conducting VAT/ST recovery check, pre and post-submission review of VAT/ST returns* Arguing cases at higher forums, providing tax opinions and advising on salary taxation* Arranging exemption certificates and collaborating with advocates for court filings* Reviewing reverse charge payments and providing VAT/ST advice* Minimizing tax liability, evaluating risks and opportunities* Coordinating indirect tax audits and addressing disputes* Issuing tax refunds, assisting with registration and filing* Managing risks and ensuring compliance* Keeping abreast of pertinent tax pronouncements and developments Show less

• Senior Tax Manager

  • Jan 2022 - Mar 2023

  • Acted as an advisor to clients helping them to make prudent tax decisions and maximize tax engagements• Managed multiple clients at a go as well as guided a team to perform tax audits, and assisted high-net-worth individuals and business organizations in reviewing complex corporate tax returns• Managed tax provision and tax compliance process• Managed and coordinated tax audits• Completed responses and schedules in preparation for income/sales tax audits• Managed a group of five individuals including two tax supervisors that supported the Compliance process• Kept abreast of emerging tax laws and trends and advised the management of corporations on how to manage tax burdens• Carried out research on how to mitigate tax risk for business and individual clients, furnished management and the company's board of directors (BOD) with tax data, and assisted them in tax planning• Ensured that clients fulfill their tax obligations in a timely fashion, as well as assisted them to file for sales tax (Federal + Provincial) returns Show less



Khilji & Co Chartered Accountants

• Accounting
• 1 - 100 Employee

• Tax Manager

  • Jan 2019 - Dec 2021

  • Handled amendment of assessment & corporate tax audits of various clients • Coordinated indirect tax audits, liaised with tax authorities and resolved disputes • Strategized with clients to minimize tax liability • Detected and evaluated risks as well as opportunities regarding respective tax issues • VAT/ST recovery check on material transactions • Performed pre- and post-submission checks of VAT/ST returns • Argued case at a higher appellate forum with regard to Appeal, Stay and Rectification (if any) • Opinions, interpretation of Direct and Indirect tax (both Federal and Provincial) • Advised on salary taxation to employees and tax-efficient salary structures as per law • Reviewed reverse charge VAT/ST payments, exports and imports • Provided VAT/ST advice to the business and interacted with different stakeholders • Worked closely with the risk management function to ensure services provided are compliant and risks are managed • Issuance of Refunds from tax authorities • Provision of advice on value-added tax, withholding tax provisions applicable on non- residents & permanent establishment of non-resident persons to the organization as well as ensuring the organization to be up-to-date on changes in tax legislations • Provided assistance in VAT/ST registration, VAT/ST calculation and making compliance with tax authorities • Corporate tax return filing and deferred tax working • Arranged exemption certificates for resident & non-resident companies • Collaborated with advocates for reference filing before High Court & Supreme Court • Adviced on quarterly advance tax payments and preparation of estimates for the last advance tax quarter • Professional tax, WeBoc (Custom), Chamber of Commerce and Company registration SECTORS SERVED * OIL & GAS * ENERGY & POWER GENERATION * ENGINEERING & CONSTRUCTION * INFORMATION TECHNOLOGY * TELECOM * SECURITY AGENCIES * HEALTH CARE * DEVELOPMENT & EDUCATION Show less



J.A.S.B & Associates

• Pakistan
• Accounting
• 1 - 100 Employee

• Article Trainee

  • Jan 2015 - Dec 2018

  * Prepared reports summarizing current and projected financial position including trial balance, P&L statement and balance sheet * Presented audit findings and recommended measures to improve compliance and efficiency * Conducted special audit assignments and investigations with fraud team * Skilled at forecasting/modeling and reporting actual vs. budget data * Collaborated with manager on financial and tax audit planning * Compiled and analyzed financial info for account entries * Exhibited sound judgment and problem-solving skills * Prepared annual financial statements for review * Handled bookkeeping for multiple clients Show less



Khalid Majid Rehman Chartered Accountants

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

• Senior Tax Associate

  • Jul 2013 - Jul 2014

  * Assisted in filing of monthly Withholding Statements u/s 165 and quarterly advance tax calculations u/s 147 of Income Tax Ordinance, 2001 * Provided assistance in filing of all corporate and individuals tax returns and tax compliance * Conduced Income tax, EOBI, ICCI,WEBOC & Sales Tax registration * Performed SECP company registration and annual forms filing * Withheld advice before making payment * Assisted in filing of monthly Withholding Statements u/s 165 and quarterly advance tax calculations u/s 147 of Income Tax Ordinance, 2001 * Provided assistance in filing of all corporate and individuals tax returns and tax compliance * Conduced Income tax, EOBI, ICCI,WEBOC & Sales Tax registration * Performed SECP company registration and annual forms filing * Withheld advice before making payment



Petrosin Engineering (Pvt.) Limited

• Internal Audit Officer

  • Feb 2012 - Mar 2013

  * Conducted reviews of recurring expenses for executives and made process improvement recommendations * Maintained Imprest vs. Tally reconciliation, scrutiny of inspection-related documents of CNG stations * Performed Cash register management, daily cash account checking, and report maintenance * Scrutinized adjustments against advances and purchase order coding * Verified assets and liabilities via documentation comparison * Collaborated with external auditors and managerial staff * Assessed internal control systems using questionnaires * Suggested risk aversion measures and cost savings * Checked daily closing of CNG & LPG statement * Checked sales and income tax working * Analyzed accounting reports and data * Documented audit tests and findings * Examined financial control systems * Evaluated internal control systems Show less