S.Mohsin Ashrafi

at Lucky Commodities - Pakistan
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Contact Information
us****@****om
(386) 825-5501
Location
Pakistan, PK

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Experience

    • Pakistan
    • Oil & Energy
    • 1 - 100 Employee
      • Jul 2020 - Present

      • Managing overall accounting and reporting function of the Company. • Presentation of financial results along with the future financial projections and performance reports to the directors of the Company.• Designing and implementation of proper financial and operational controls in all areas of the Company.• Compilation of operating and capital budget of the Company. • Presentation of budget reports to the directors of the Company comparing budget numbers with actual performance.• Formulation and maintenance of accounting policies and procedures of the Company.• Preparation feasibility studies for new investments for the purpose of growth of existing business.• Ensuring compliances with existing and new tax laws and regulations. • Ensure timely submission of Income, Sales Tax and Withholding tax returns of the Company.• Coordinating with banks to arrange financing for the business. • Ensuring availability of working capital for the fulfillment of day to day cash flow requirement.• Compilation of responses and supporting evidences in legal matters in coordination with in house or external lawyers. Show less

      • Jul 2019 - Jun 2020

      • Apr 2016 - Jun 2019

      > Prepare Management financial statement and reports. > Prepare complete coal vessel Costing Report and update the cost calculator.> Prepare client wise profitability report with incorporate all costs. > Review and verify all business transaction and operations. > Review and proceed to submit monthly sales tax return. > Review and proceed to submit monthly withholding tax return. > Review and proceed to submit monthly SRB return. > Prepare annual Income Tax Returns.> Deal with Banks, financial institution and manage the financing documents.> Prepare and verify the financial and inventory reconciliation. > To build the strong coordination with inter-depart functions. > To conduct the annual company audit proceedings. > To assists in company corporate and tax matters. Show less

    • Chief Accountant
      • May 2014 - Mar 2016

      To Manage Company Operational & Financial Activities and Coordinate with departments. Rukaiya Trading Company Deals in Bedsheets and Towels. We are manufacturer our own Bedsheets and Towels in Pakistan. Core Responsibilities: Accounts & Finance Controls -Manage the company liquidity position and financial reserve -Preparation of monthly management Accounts. -Monitor the revenue and capital budget implementation process. -Disbursement of monthly revenue expenditure. -Implementation of Cost Center (Departmental) Accounting in ERP -Manage the P &L & comprehensive finance and accounts reports. -Preparation of SOP for finance & accounts general controls. Cost Controls -Preparation of SOP for preparation of Product Pricing and Cost Sheets. -Preparation of Template for Cost Sheets -Preparation of pricing report to be used by Head office and directors. -Preparation of weekly/monthly product wise profit and loss analysis. -Coordination with production and Sales Department for Product Pricing Strategy and alternate Sales Mix and Production Plan. -Prepare comprehensive analysis report for applied and actual costing. Inventory Reconciliations/Valuation -Coordination with production departments for manage the Inventory Reconciliation -Preparation of purchase, production and sales reconciliations -Preparation of inventory valuations for each type of products Show less

    • Manager Accounts
      • Jun 2009 - Apr 2014

      Worked in the capacity of Manager Accounts, directly reporting to the Directors. During my experience with this Organization, my core responsibilities mainly includes. -Prepare Financial Statements and proceed to annual Audit -Manage the all Business activities. -Prepare & fill the monthly & annual withholding tax returns. -Prepare and file annual Income Tax return. -Prepare & file Directors Wealth Statements & Returns. -Preparation of Bank Reconciliation statements. -Follow-ups the FBR issues with legal experts and attaining hearings. -Checking of all Daily sales reports in respect of applicable commission rates, taxes, fares. -Funds Management, preparation of budgets and packages (pricing) working. -Strictly follow up with A/c receivables & efficiently handles the creditors. -Manage the middle management. -Professionally deal with Bankers, Financial Institutions and Govt Authorities. Show less

    • Pakistan
    • Industrial Machinery Manufacturing
    • 1 - 100 Employee
    • Accounts Officer
      • Mar 2011 - May 2012

      Rastgar is the commercial importer of Industrial Air Compressors & Parts. Core Responsibilities: -Prepare Company final accounts & participate in annual audit. -Process monthly payroll & meet deadlines. -Prepare and file monthly & annual Sales tax return. -Prepare and file monthly & annual withholding tax returns. -Prepare and file annual Income Tax return. -Attaining Income & Sales Tax hearings -Maintain proper Books of accounts and reconciliation with KPMG’s financials. -Assist in discrepancies come in tax matters related to Withholding and General Sales Tax. -Deal with Financial Institutions, Corporate institutions and Government Authorities. -Process payments of local & International suppliers (A/c Payable) -Involvement in Funds Management. -Prepare weekly budgets and follow-up the Receivables. -Prepare and review Branch Expenses, Invoices & other accounting documents. -Maintain computer accounting software system and manual filling system. -Handle company petty cash. -Prepare monthly bank reconciliation. Show less

Education

  • Muhammad Ali Jinnah University
    Master of Business Administration (M.B.A.), FINANCE
    2011 - 2014

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