Arslan Mehdi

Muhammad Arslan Ashfaq Mehdi (B.Com & CA- Finalist) Melbourne, Australia • Tel: - • Email:-• LinkedIn: https://www.linkedin.com/in/arslan-bajwa-a-/ _______________________________________________________________________________________________ A highly skilled Chartered Accountant (CA-Finalist) from the Institute of Chartered Accountants of Pakistan (ICAP) and graduate (Bachelor of Commerce) from the University of the Punjab equipped with more than 5 years of professional experience in the fields of Financial Services, Audit & Assurance Services, and Advanced Accounting & Financial Reporting Services at key responsible positions in manufacturing concerns and financial firm. WORK EXPERIENCE Rizwan and Co. – Chartered Accountants (DFK International) Audit Associate (Sep 2023 – Jan-2024) External Audit  Strategically plan and execute external audits for listed and unlisted entities, ensuring strict adherence to accounting standards and regulatory requirements;  Draft detailed audit reports and management letters, summarizing findings, recommendations, and areas of non-compliance;  Prepare historic and projected financial statements for clients in compilation engagements;  Expert in precise financial statement analysis and ensuring regulatory compliance;  Skilled in evaluating internal controls, contributing to audit plans, and issue resolution;  Conduct thorough audit procedures, including testing and documentation;  Effectively collaborate with clients and seamlessly work within audit teams;  Proven ability to manage time efficiently and meet strict audit deadlines;  Identify and implement enhancements for more efficient audit processes. MAJOR CLIENT (INVOLVED IN AUDIT)  Manufacturing (Textile and Engineering)  Electronics and Technology  Health and Self-Care  Real Estate  Trust & Medical Centers US Apparel & Textiles Pvt Limited (US Group) – Lahore, Pakistan. Assistant Manager Finance (Jan 2021 – Sept 2023) Financial Reporting  Annual budgeting and planning, statutory annual/quarterly financial statements;  Daily financial highlight reporting to the chairman;  Monthly and annual performance review management;  Liaison with internal and external auditors (Big-3 firms); and  Lead, manage, mentor, and develop key team members and ensure that an effective succession plan is operational within the finance teams. Payroll and Wages  Conduct monthly payroll audits for three SBUs, overseeing 5500 employees;  Perform substantive and analytical procedures on HR-prepared payroll, ensuring accuracy in allowances, deductions, advances, loans, etc;  Verify, process, and manage advances, loans against gratuity, final settlements, and gratuity disbursements, adhering to company policies; and  Ensure precision in arithmetical and accounts details in Bank Transfer Letters for final payroll disbursement, recording department-wise expenses in the ERP system. Fixed Assets Register & Leases  Maintain accurate and up-to-date records of all fixed assets including their acquisition, disposal and depreciation, and conduct regular physical asset verification;  Reconciliation of fixed asset register with general ledgers, ensure adherence to the company’s capitalization policy;  Monthly closing and reporting of Fixed Asset Register.  Review lease documentation to ensure lease data inputs are accurate and updated;  Prepare and post lease accounting journals including depreciation, interest charges, and asset and liability movement in line with IFRS 16 requirements;  Assist external auditors in the verification of the Lease Schedule as per IFRS 16; and  Maintain an up-to-date Lease Schedule and cross-verification of ROUA, Depreciation, Interest charges, and lease liability in the Schedule with P&L and SOFP extracts. Stylers International Limited – Lahore, Pakistan. Finance Officer (Apr 2019 – Jan 2021) Accounts Payable and Receivable Management  Provide ad-hoc reporting and analysis as required to support decision-making;  Reviewing details of and reporting on accounts payables and receivable status;  Oversee the ledger reconciliations, including debtors, creditors, and banks;  Overseeing processing of day-to-day financial transactions, including verifying, classifying, and recording accounts payable and receivable data;  Reviewing reconciliation of income tax withheld & rectification of incorrect application of tax rates on payments;  Supervision of booking of sales invoices and receipts in the AR module.  Daily review of aging of receivables and liaising with banks and marketing departments for overdue receipts; and  Handling forward bookings, reverse factoring, and bill discounting. RELEVANT SKILLS      Professional/Social: Teamwork, Project- Management, Communication, Leadership, Problem-solving. ERP: Oracle EBS R-12 (Inventory, PO, AR, AP, GL, FAR, Financial Highlight Module) Computer skills: Microsoft Office (Excel, Word, PP), AI Tools, Browsing Technical: Accounting, Finance and External Audit Languages: English, Urdu, Punjabi, Korean. EDUCATION- Bachelor of Commerce I.C.S Matriculation University of the Punjab Punjab College Government Pilot School Lahore Pakistan Lahore Pakistan Lahore, Pakistan PROFESSIONAL CERTIFICATIONS Chartered Accountant – Finalist (ICAP) 2024 Certified in Accounting and Finance Professional 2023 Certified in Accounting and Finance OTHER CERTIFICATIONS  Presentation and Communication Skill Course - ICAP  MS-Office - ICAP Continue Cleared