Contact
Lahore 54000
Pakistan
- (Mobile)-
Arsalan Omar
Insolvency Administrator at Capital Books (UK) Limited
Lahore, Pakistan
www.linkedin.com/in/arsalanomar-6aaa4789 (LinkedIn)
Summary
Top Skills
experience in managing accounting records of the company in an
accurate manner. Adept at the preparation of monthly management
accounts including prepayments, accruals and other similar reports
to ensure smooth workflow of the business.Adept at budgeting and
include forecasting, compiling reports, projections, and cash flow
management. Can perform financial, variance, profitability, and
accounts analysis. Well-versed in preparing reports and proposals
to facilitate decision-making and inform parent company of activity.
Hold advanced certifications and diplomas in accounting from wellknown institutes.
QuickBooks
General Ledger
Peachtree
Languages
Punjabi (Native or Bilingual)
Urdu (Native or Bilingual)
English (Professional Working)
Dynamic, well-versed and energetic individual with extensive
Certifications
HIgher Diploma in Accounting
Presentation Skills Training Course
Experience
Capital Books (UK) Limited
Insolvency Administrator
May 2019 - Present
Lahore, Pakistan
• Working with clients in voluntary liquidation creating documents to be
sent to clients and related parties in respect of their insolvency along with
communicating with affected persons.
• Handling bankruptcy cases which involve accounting for assets and liabilities
of the individuals involved.
• Used QuickBooks to establish company accounts database and create
reports and financial statements to be submitted to the companies house.
Reports created include Income statement, Balance Sheet, Trial Balance and
abbreviated accounts of the company along with a breakdown of expenses
into relative categories.
• Creating s98 & s106 reports for clients meetings with creditors detailing
company information and finalizing a Statement of Affairs listing the client's
Assets and liabilities broken down into preferential and unsecured creditors to
be sworn by the director.
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• Preparing and filing final accounts and confirmation statements for clients
including financials, notes to financials and directors report.
• Preparing workings and management accounts for clients to facilitate
decision making and obtaining new finance.
• Preparing and filing VAT returns and registering new businesses with HMRC
for VAT.
• Preparing calculations for Tax for both companies and individuals and filing
their tax returns.
• Running payrolls and generating payslips to be sent to the client
Amcap Securities (Pvt) Limited
Accounts Officer
October 2017 - April 2019 (1 year 7 months)
Lahore, Pakistan
Preparation and submission of different statutory reports as per SECP and
statutory requirement.
•Updating Cheque payment voucher, Invoices, Accounts Payables Invoices, &
Other reports as and when necessary.
•Keeping & maintaining effective control on account receivables to augment
better cash flows.
•Liaising & coordinating with Banks & customers for facilitating and day to day
cash management.
•Preparing bank reconciliation statements on a monthly basis and passing
rectification for proper settlement of the pass book & cash book.
•Carrying out the preparation of complete salary list for employees, and
distribution of salary.
•Calculation of tax, and its filings.
•Preparing, reviewing & analyzing financial statements, maintaining
documentation & writing and presenting reports to the senior management.
Verify, allocate, post and reconcile accounts payable and receivable
Produce error-free accounting reports and present their results
Analyze financial information and summarize financial status
Spot errors and suggest ways to improve efficiency and spending Review and
recommend modifications to accounting systems and procedures
Manage accounting assistants and bookkeepers
Participate in financial standards setting and in forecast process
Provide input into department’s goal setting process
Prepare financial statements and produce budget according to schedule
Assist with tax audits and tax returns
Direct internal and external audits to ensure compliance
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Plan, assign and review staff’s work
Support month-end and year-end close process
Develop and document business processes and accounting policies to
maintain and strengthen internal controls
Liaise with our Financial manager and Accounting manager to improve
financial procedures
Kaleem & Company Chartered Accountants
Audit Associate
March 2016 - September 2017 (1 year 7 months)
Lahore, Pakistan
- Participated in an audit engagement for different entities carrying out
substantive tests of various controls and transactions.
- Took part in an AUP (Agreed Upon Procedures) for a some clients. This
involved an in-depth analysis of various transactions and contracts of the
client summarised in a report highlighting all the key facts and figures.Took
part in preparations of Quality Control Review (QCR) performed by Institute of
Chartered Accountants of Pakistan .
Ishtiaq Ahmad & Co Chartered Accountant
Audit Trainee
December 2015 - February 2016 (3 months)
Lahore
Assists in planning work on assigned segments of an audit.
Recommends the means of obtaining, analyzing and evaluating evidentiary
data.
Reviews transactions, documents, records, reports and methods for accuracy
and effectiveness.
Prepares acceptable working papers that record and summarize data on the
assigned audit segment.
Holds preliminary discussions of apparent deficiencies with operating
personnel to verify and obtain explanations of and reasons for each apparent
deficiency and documents responses.
Reports audit findings and makes recommendations for the correction of
unsatisfactory conditions, improvements in operations and reductions in cost.
Assists in the performance of special reviews at the request of management.
Performs other duties as may be assigned.
Suzuki Dealership
Assistant Accountant
October 2015 - December 2015 (3 months)
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Lahore
Process vendor and supplier invoices in a timely manner, verifying accuracy,
Prepare payment voucher
Prepare cheques
Prepares and maintain pre-authorize payments monthly or as required.
Reconcile accounts payable sub-ledger to general ledger monthly.
Respond to vendor inquiries as required.
Process all clients or miscellaneous payments daily or as required sub-ledger.
Maintains financial records by
analyzing balance sheets and general ledger accounts.
Provides financial status information by preparing special reports; completing
special projects.
Corrects errors by posting adjusting journal entries.
Filing.
PTCL
Corporate Finance Intern
September 2015 - October 2015 (2 months)
Lahore
Assist Controlling with Planning and P&L Reporting
Review and analyze various expenditures
Support with various Reporting, such as KPI and Headcount reporting
Perform basic duties in the Financial System SAP
Support with special Finance and Controlling projects.
Tecktricks Enterprises
Junior Accountant
August 2008 - January 2015 (6 years 6 months)
Lahore
Accounts Receivable
Cash handling (matching and banking)
Invoicing & dispatching invoices
Prepare ageing reports
Customer follow-up
Maintain customer database
Receivable reports
Collection reports
Maintain customer credit limits
Reconciling customer accounts and statements
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Post and process journal entries to ensure all business transactions are
recorded.
Update accounts receivable and issue invoices
Update accounts payable and perform reconciliations.
Maintaining and updating Stock daily.
Assist in the processing of balance sheets, income statements and other
financial statements according to legal and company accounting and financial
guidelines.
Assist with reviewing of expenses, payroll records etc. as assigned.
Update financial data in databases to ensure that information will be accurate
and immediately available when needed.
Prepare and submit weekly/monthly reports
Assist senior accountant in the preparation of monthly/yearly closings.
Fulfill any administrative work that need assistance with.
Maintain records for samples and dispatches to customers on a daily and if
need hourly basis.
Education
Institute of Chartered Accountants in England and Wales
ACA, Chartered Accountancy · (2013 - 2020)
University of the Punjab
Bachelor of Commerce - BCom, Business/Commerce, General · (2016 - 2018)
Scottish Qualifications Authority
Higher Diploma in Accounting, Accounting · (2012 - 2013)
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