Muhammad Fahad

 Muhammad Fahad Shaikh R72 13d3 Gulshan e iqbal Karachi, Pakistan. N.I.C Number :-  Phone (R): - (M): --Skype Id: fahad1638 Objective Pertinent position in a leading, expanding and progressive organization where I can contribute my skills and capabilities for the accomplishment of its goals along with opportunity for learning, development and growth dedicated towards sound growth of the organization with utmost care and highest professional standards. Position Finance and Accounts / Corporate /Taxation Cost & Budgeting / Internal Audit and Audit and Assurance. Professional Qualification CA-Intermediate of The Institute of Chartered Accountants of Pakistan (ICAP). 2013 Academic Qualification Masters of Business Administration University of Sindh Bachelor of Commerce University of Sindh. 2010 2007 Professional Experience Safa Textiles Limited from November 2014 to date. As a Manager Accounts & Corporate Affairs. Centurions Group of Companies from May 2013 to October 2014. As a Manager Accounts. Quice Food Industries Limited from January 2012 to April 2013. As an Assistant Manager Accounts. Article ship period completed from Rahman Sarfaraz Rahim Iqbal Rafiq, Chartered Accountants; from May 2008 to January 09, 2012. KASB Bank Limited from May 2006 to November 2007 Worked at DHA Shahbaz Branch as Operations control officer. Work Experience Safa Textiles Limited Century 21 Textile Sportswear (Pvt) Ltd Centurion (Pvt) Ltd Quice Food Industries Limited Audit & assurance Manufacturing Sector EcoPack Limited Feroze 1888 Industries Limited Premuim Textile Mills Limited Pioneer Cables Limited Pakistan Telephone Cables Limited U & I Garments (Private) Limited. Sindh Abadgar Sugar Mills Limited Mirza Sugar Mills Limited Tharparkar Sugar Mills Limited Sakrand Sugar Mills Limited Fecto Sugar Mills Limited Techno Fabrik (Private ) Limited Moon Lite (Pak) Limited. Sind Particle Board Mills Limited Fecto Cement Limited Service Sector Peagasus consultancy (Private) Limited Provident Funds, Gratuity Funds Pakistan Ready made garment Association. Financial Institutions Arif Habib Limited Sakarwala Capital Securities (Private) Limited . Areas of responsibilities To prepare monthly, quarterly and annual financial statements. Coordinate with auditors, actuarial valuator and bankers. Prepare monthly comparative expense detail of admin & cost of goods sold. Assist Company Secretary relating to corporate affairs. Preparing minutes of the Board of Directors meetings, and various committees meeting of the Board of Directors. Preparing and publishing notice and agenda of the Annual general meeting. Compliance of Pakistan Stock Exchange Regulations and Central Depository Company. Coordinating with Share Registrar. Liaising with the external auditors on need basis, and for the resolution of various tactical issues. Correspondence with FBR and other non routine financial matters; sales tax and income tax refund claims, fillings of income tax returns of group of companies and directors and other tax & statutory compliance. To prepare monthly, quarterly and annual financial statements. To prepare monthly, quarterly and annual financial statements. Coordinate with auditors, actuarial valuator and bankers. Prepare monthly comparative expense detail of admin & cost of goods sold. Verification of advances/adjustments of suppliers Verification of petty cash vouchers. To prepare weekly aging report of parties. Submissions of sales tax return, withholding tax and reconciliation of monthly sales tax return & reconciliation. Maintain fixed asset register, fixed asset schedule. To record monthly depreciation expenses & capitalization. To record monthly provision of gratuity, bonus encashment. Daily update production, dispatch & waste report. Monthly stock taking of store, W.I.P, finished goods. Checking of monthly payroll (permanent & contractual wages) Checking of employees advances/loan/full & final settlement Strategic audit planning Developed general strategy, detailed audit plan and audit programs in respect of annual and interim audits. Computed detailed time budgets and coordinated with the staff to meet the reporting deadlines. Applied new technical pronouncements and identified areas of potential risks. Coordination and management Delegated work to the staff, performed reviews and provided appropriate directions for conduct of work. Addressed and resolved significant accounting and auditing issues raised. Involved actively in discussions with the Audit Partners and Client’s Senior Level Management. System evaluation, documentation and risk management Obtained understanding of Accounting and Internal Control System to assess the overall audit risk. Assessed control risk at the preliminary stage. Evaluated the effectiveness of the design and operations through test of controls. Identified weaknesses, addressed risk and provided suggestions to improve the Internal Control System. Identified critical risks faced by the business and discussed mitigating factors thereof with the management. Corporate business and financial reporting Complied with the instructions for financial reporting. Prepared reports on financial results for submission to the management and audit summary memorandum for Firm. Prepared annual and limited scope financial statements for statutory purposes. Corporate and secretarial practices Reviewed minutes of meetings of board of directors, managing committee and audit committee and maintenance of statutory books. Checked compliance with the statutory requirements with reference to the Companies Ordinance, 1984 (as applicable in Pakistan), the Securities and Exchange Commission of Pakistan and the Code of Corporate Governance . Special assignments Certifications – Prepared statement of compliance with the Best Practices on Code of Corporate Governance. Prepared reconciliation of number of shares as per CDC statement with the records of the Company. Internal Audits – Carried out audits to ensure effective and efficient design and implementation of policies and procedures and assessed the overall reliability of the Accounting and Internal Control System of the company specially with reference to the procurement function, inventory and treasury. Due Diligence Reviews – Worked in data rooms to make an in depth study of significant matters such as future projections, profitability trend, information technology, investments, taxation issues and indebtedness to outside sources of the Company from an investor’s merger perspective. Other Activities and Interests Reading. Playing Cricket. Personal Information Father’s Name Abdul Ghani Date of Birth March 29, 1984. Nationality Pakistani Marital Status Single Languages English and Urdu