Inam ur Rehman

Inam ur Rehman Cellular: (+92)- | E-mail:- Summary Creative and business-savvy Accountancy &Assurance Professional with over 5 years of progressive experience across broad range of accounting functions and varied industry segments and educational circles. Proven ability to combine vision, ingenuity, and strong business acumen with well-developed management and leadership qualities to support organizational success. Expertise Financial Reporting Audit and Assurance Financial& Management Accounting Taxation Performance Management Experience ProfileDates KIPS (The Educational Torch bearers (Pvt) Limited(From October, 2015 to date) Position: Senior Accounts and Finance In charge. Heavens Institute (Faculty Member) -) Careers Institute (Faculty Member) (2012-14) A/O levels/Bachelors/Masters Teaching (Home) -) Professional QualificationDetails CA – Inter Three Papers of CA (inter) LeftICAP CA– FoundationICAP PMS (Provincial Management Service)PPSC (Punjab) (Grade 17 Job) Senior Auditor (Auditor General of Pakistan)FPSC (Interview call waiting) Bachelors of Commerce (B. Com)Punjab University Lahore (Intermediate (I.C.S)BISE (Lahore) MatriculationBISE (Lahore) Experience Detail October 2015 to Present From October 2015 to till date (I am working at KIPS (Pakistan). My responsibilities and key activities undertaken are as follows: Monitor and analyse accounting data and produce financial reports or statements Establish and enforce proper accounting methods, policies and principles Improve systems and procedures and initiate corrective actions Manage and oversee the daily operations of the accounting department Assign projects and direct staff to ensure compliance and accuracy Establish and maintain fiscal files and records to document transactions Reconciliation of Monthly Collection & Deposit Report. Management of accounts at campus level and troubleshooting where needed. Reconciliation of Stock with physical inventory. Daily bank position monitoring, management and reconciliation. Preparation and presentation of periodical Financial Reports. Developing proper SOPs for Accounts Department. Lead and train the Accounts Team at campus level. Ensure timely filing of Withholding Tax Statements and Income Tax Returns of the company with FBR. Ensure complete coordination with Head Office and other departments for finalization of monthly Budgets and fund requirements. Ensure timely preparation of monthly Budgets, Funds Utilization and Variance Analysis. Report to management on variances from the established budget, and the reasons for those variances. Maintain good relations with Vendors and other stakeholders. Implementing accounting policies, procedures and guiding other departments by interpreting accounting policies. applying observations and recommendations to operational issues Ensure that efficient and effective internal control system is established to safeguard the assets of the company. Keep periodic review and implementation of the systems. Coordination with HR regarding payroll issues. Supervision of receivables department and ensure strong control over the transactions. Ensure Inventory control over Inventory management system like determination and implementation of Max and Min Levels, pending orders and its timely reporting to the management. Undertake periodic evaluation and appraisal of subordinate staff members and ensure adequate rotation plan is in place. Create additional analyses and reports as required by management Experience Detail (From October 2015 to February 2017) From October 2015 to February 2017, I have attended training at Ishtiaq Rana and Co Chartered Accountants, Lahore, Pakistan. CLIENT NAMESECTOR Options(Printing & Packaging)Manufacturing (packing of consumer goods) Wartsila International (Pvt) LtdPower Generation Sector Ayesha Foods(Pvt) Ltd Food Ajmer foods(Pvt)Ltd Food Kips Preparations (Pvt) Ltd Education Taxation Matters Individuals My responsibilities and key activities undertaken are as follows: Engagement planning, identifying significant risk areas and participating in initial audit meetings. Establish understanding of key market forces, other key environmental factors and key stakeholder influences, understanding of management's goals, objectives, strategies, and critical success factors. Validate high-level understanding of the organization's processes and critical processes, assessment of internal control at the entity level and the identification of the risks of fraud. Engagement management, agreeing and monitoring the time deadlines. Application of Ishtiaq Rana Audit Methodology. Establish the basis for and determination of planning materiality, tolerable error. Identify significant classes of transactions that influence the significant accounts and the identified significant processes. Determine the preliminary strategy for relying on controls and the selected perspective for understanding and evaluating the flow of transactions. Obtain understanding of the flow of significant routine, non-routine, and estimation transactions. For each flow of transactions, determine the errors that could occur for each significant assertion for each significant account. Perform walkthroughs to confirm understanding of flows of transactions and related controls, preliminary evaluation of the effectiveness of the relevant controls. Evaluating internal control systems, designing the tests of controls for specific areas in consultation with the engagement executives, identifying control weaknesses and making appropriate recommendations to the management. Designing the substantive procedures utilizing the audit risk formula. Consider and evaluate the results of overall analytical procedures. Extensive application of the International Standards of Auditing (ISAs) on assurance engagements and ensuring that the financial statements prepared by the client are in accordance with the International Financial Reporting Standards (IFRS) and all applicable local laws and regulations. Preparation of other deliverables, such as, management letter identifying control weaknesses, its implications and recommendations; Liaison at various levels of client management to maintain and manage cooperative relationships. Meetings with client for the resolution of various accounting or other issues/ matters identified during the assignment. Continuing Professional skills 100 Hours Presentational Skills Training course from PAC School of Accountancy. CCPT (Computer Practical Training of MS Office and MS Visio) from PAC School of Accountancy. Computer Proficiency Specialization in the following software: Auditing:Audit soft and Case Ware. General:MS Office (Advance Excel user), Tally, Peachtree, QuickBooks. languages Written and verbal fluency in the following languages: English Urdu personal information Father Name:Ch Inayat Ali Date of Birth:8th September, 1985 CNIC No:- Domicile:Lahore(Punjab) Marital Status:Single reference suitable reference will be furnished when required