Muhammad Basit Rasheed
-+92 -
Accounting & Finance Professional
May 3, 1993
64ecfff04cd42e06
http:linkedin.com/in/basit-icma
WHY BASIT?
CORE STRENGTHS & SKILLS
Financial & Cost Accounting
Accounting Implementation of ERP
Data Processing & Manipulation
Financial Analysis & Reporting
GAAP & IFRS Compliance
International Compliance
GL Accountancy
NetSuite
Lightspeed
Quickbooks
Finale Inventory
Ecomdash
ShippingEasy
Budgeting & Forecasting
Migration & Conflict Resolution
Team Leadership & Strategic
Compliance
Communication & Presentation Skills
⯍ Meticulous and credible accounting & finance professional with over 8 years’
experience in accounting and financial management, with extensive knowledge
of variance analysis, budgeting and forecasting; holds credible expertise in
resolving migration related issues, and proven track record in handling IRS
audits
⯍ Well-versed in Generally Accepted Accounting Principles (GAAP) and
International Financial Reporting Standards (IFRS) & has flair for boosting up
bottom-line business by leading teams & resolving financial issues in
enterprises. Possesses strong financial acumen with well-developed
technological flair including hand-on experience in cloud computing to conduct
impeccable financial tasks; proven track record in ERP implementation,
managing inventory issues & conflict resolution
⯍ Visual presenter of powerful analytical insights; capable of transforming
analytical results into actionable business-relevant recommendations. Has
eminent NetSuite & data manipulation expertise to retain profitable
relationships with customers and resolve financial and accountancy issues of
organization specially manufacturing companies
PROFESSIONAL EXPERIENCE
Freeeup.com
Worked as “Freelance Contractor”, June 2018 – September 2022
Responsibilities/Accomplishments:
Providing day to day Accounting and Purchasing support to a Florida based client selling fishing equipment across USA and
continually evolving over the past 3 decades.
Developing a team to manage accounting part of online sales over multiple channels.
Efficiently managing extensive accounting projects on QBO, LightSpeed, ShippingEasy, Finale and Ecomdash.
Upwork.com
Worked as “Freelance Contractor”, July 2017 – May 2018
Van Tibolli Beauty Corp./GKhair
Worked as “Accounting Manager”, December 2015 – July 2017
Responsibilities/Accomplishments:
Efficiently managed filling monthly sales tax returns for Georgia and Florida states (USA); rendered filing of monthly VAT
returns in Dubai and Ireland’s companies in Netherlands. Provided support in IRS audit in US and responded to IRS
representative regarding operational queries. Proficiently corrected and filed IVU taxes for state and municipality in San Juan,
Puerto Rico and maintained coordination with 8 countries for resolving compliance issues
Implemented proper and timely maintenance of group structures and suggested viable upgrades; brought required changes
in finance department for better operations and periodically coordinated with consultants in Netherlands, United States, Puerto
Rico, Ireland, Australia, Italy and Dubai.
Efficiently implemented worldwide banking structure to reduce the cost and enhance funds management.
Major Achievements:
Conducted planning & implementation phases to limit corporate tax to only 4% without any repatriation tax in US
Designed level five chart of accounts and moved the balances to new chart of account
Successfully developed in-house ERP system TIBOLLI.NET
Other Positions Held:
Headed ‘Accounts Payable Department’, hired and trained guys to run the department on their own successfully to move
toward ‘Internal Control and Compliance Department’ fully.
Additional Experience:
Worked as “Admin and Accounts Manager” at Synocorp Pvt. Ltd, Pakistan (February 2015 – December 2015)
Worked as “Accountant” at IM Associates, Pakistan (April 2013 – February 2015)
Education/Qualifications
Institute of Cost & Management Accountants (ICMAP), Pakistan (2011 ‐ In Progress)
Cost & Management Accountancy
AIOU, Pakistan (2015)
Graduation in Commerce
FBISE, Pakistan (2011)
HSSC
FBISE, Pakistan (2009)
SSC
References
Mr. Van Tibolli
CEO/Founder (GKhair)
Ms. Elizabete Tice
Former CFO (GKhair)
Mr. Zain Tareen
CEO/Founder (Acgile)
Mr. Wajahat Qazi & Mr. Ubaid Haroon
Co-Founders (Synocorp Pvt. Ltd)
Mr. Muhammad Arshad Kadhar, FCMA
Former Head of Finance (NTS/Comsats)
Mr. Muhammad Imran, FCMA
Former CFO (Rastgar Engineer Company)
Mr. Usama Taimoor
Former Sr. Manager (IM Associates)
2084-D, St. 71-A, Block-D, MR-9, Islamabad
