Reviewing books of accounts finally, reviewed by the line Managers/Assistant Managers and making sure completeness, occurrence, accuracy and valuation etc.
Financial Reporting, Management Report, Forecasted Reports for Facilities etc.

Supervising treasury department and reviewing their performance.

Reviewing supporting documents/workings received from Managers/Asst. Managers and Operational team.

Costing and Prices analysis, inventory valuation, per unit costing after conversion/packing of local goods, variance analysis.

Ensuring Income Tax, Sales Tax, Sales Tax on Services, Withholding Income/Sales Tax compliance and reconciliation and adjustment in the books and providing required details periodically to compliance department for filing returns.

Developing and maintenance of internal control systems regarding manufacturing/conversion operations as well as business operations.

Consultation regarding ERP purchase/development, implementation (ERP Next Implemented), integration etc.

Any other tasks may be assigned by the Directors/CEO.

My Portfolio:

H & F Apparels Pvt Ltd (a QnQ Group Co) involve in work wear Garments Manufacturing, an exportoriented company operating in SITE having two manufacturing units.


Greens Textile, mainly an Export Oriented Towel Manufacturing organization, also operating some of the small units involved in manufacturing and trading of children garments and fragrances (4 Units) and recently started a retail chain of Eastern Wear (trading in garments, fragrance etc.) namely Bin Rizwan, Head Office located in North Karachi Industrial area.

Areas of Experience:


Financial review, reconciliations, and making errors to be corrected if any, for Final Reports.


Internal/External Audit periodical/Annual including inventory count, internal control and system audit.


Consultation regarding ERP purchase and training users to facilitate its implementation.


Reviewing compliance for Sales Tax, Sales Tax on Services, Withholding Tax Deductions and their reconciliations and adjustments in books if required.


Debtor’s ageing reports & analysis and checking effectiveness of policies and controls.


Costing (pre-costing, product costing, job order costing), ending stock valuation, per unit costing, variance analysis.


Developing and maintaining internal control systems regarding Manufacturing as well as Financeoperations.


Attending meetings with the clients timely to discuss our observations and requirement and the improvements in the operations & Financial system during the assignment, also discussing any other concern to be cleared or any new assignment. Also, meeting with the new clients along with the Partner/Director to understand the need/requirements and to quote them for the assignment.

Research & developments for new inquiries designated by the Partner/Director regarding any existing or new clients to discuss their solutions such as Tax Benefits & Registration process for Foreign Source Technology Startups, Trust Acts both Federal & Provincial etc.


Any other tasks may be assigned by the directors/managing partner.

Reviewing/approving (where required) transactions initiated in ERP from each entity’s accounts/ operation departments (both domestic & offshore units/SBUs) and requisitions from clients (B2B).

Reviewing/approving (where required) sales, purchases and commissions on the basis of the price-lists (price slabs), policies and terms & conditions to control risk of fraud & error in revenue & expenditures.


Closing/finalizing accounts on seasonal & annual accounts and preparation of financial statements as per applicable financial standards (IAS/IFRS) and for filing income tax returns as well.


Liaison with stakeholders such as banks, clients, suppliers and consultants etc. for compliance, supplier remittances, receivables, payables, reconciliations and disputes settlement (if any).


Maintaining suppliers’/customers’ foreign currency ledgers separately and record gain/loss as well.


Ensuring Income Tax/Sales Tax on Services compliance and reconciliation to provide required details periodically to the consultant.


Formulating and amending standard operating procedures (SOPs) for accounts & operation departments of each entity & group as well for smooth operations & strong internal control.

Coordinating in policy-making for inter-entity transactions i.e. transfer pricing, service standards etc.


Preparing forecasted cash flows/budgets for individual projects as well as seasonal/annual operational budgets (CAPEX & OPEX) and reviewing it timely to control the variances to mitigate default risk.


Investment Planning & decision making seasonal and long-term projects by forecasted revenue and costing (by different pricing rules to prepare the forecasted income statements. Also, variance analysis timely (during the project) for budgetary control and amending the budgets as well if required.


Analysis of business performance and business processes followed by new developments in ERP and operations (such as process
automation, controls etc.) to prevent risk and improve effectiveness and efficiency and to reduce risk of fraud & error (continuous improvement process).

Collaborating with the Service Solution Manager (IT Head) in planning & development, also facilitating implementation processes of software (ERPs) for the software house maintained by the company.


Coordinating with business partners regarding training as well as updating for new developments in ERP whether due to fixation of problems/bugs or any new advancements/developments.

Managing daily financial/commercial operations i.e., cash flow, purchases, inventory movements.

Preparing monthly sales & purchase budgets with the coordination of the CEO.


Managing payables & receivables to control working capital and bad debts as well.


Auditing short term sales promotional projects/activities to control the risk of fraud.


Reviewing the sales team’s achievements according to the targets/KPIs for the finalization of payroll.


Financial Reporting on the monthly, interim and annual basis.


Maintaining compliance for sales tax on services.


Preparing cash budgets for planning for sources of cash to control the upcoming expected deficits and monitoring it regularly.

Found the actual difference of balance sheet from the records of the organization.
Reviewed all books of accounts available from Nov 2010 to date.


Analyzed company business environment to understand the accounting treatments such as suppliers and customers.


Analyzed company policies of operations to detect fraud or error.

Reviewed all system generated reports such as Bank Statements, Miniload Transactions (Electronic Inventory) etc.


Found the accounts wise audit differences.


Allocated the differences according to the right and obligations among employees, partners, or customers (B2B).


Gathered audit evidences.


Finalized the audit report.