Nouman Asghar

Nouman Asghar Senior Audit Manager / Cost Accountant / Tax Accountant Gender: Male Nationality: Pakistani Cell phone: - E-mail: CAREER OVERVIEW 2018 (June) – Present Senior Audit Manager / Cost/ TAX Accountant Present Senior Audit Manager/Cost Accountant AWK & Co. Chartered Accountants- (May) Audit Manager /Cost Accountant M/s Hameed Khan & Co. Chartered Accountants - SUMMERY 2003 – 2006 Accountant Punjab Petroleum (Pvt) Ltd Master's degree in Finance Senior Accountant with 17 years of accounting experience highly motivated, deadline-committed, goal-driven proven track record of excellence. Some of my core skills include regulatory compliance, Consolidating and analyzing financial data highly capable of Budgeting, Financial Forecasting, and Modelling. Capable of handling Accounting Operations and Cash Flow Management Strong knowledge of GAAP, Financial Reporting, Auditing and Taxation, and industry trends. Supervised internal and external audits. Adept at analytic Tax Accountant I am a Tax Accountant with more than 8 years of experience, specializing in providing tax planning/tax filing, firm registration, and financial services. I provide a range of tax-related services to Individuals, Businesses, and Charities in Pakistan. 2001 – 2003 Assistant Accountant Pak Punjab Cardix (Pvt) Ltd DETAILED TASKS ASSIGNED: Matriculation  I have been engaged as a Team Leader/ Supervisor in various statutory and special audit assignments in the field of public and private sectors like: 1. PUBLIC SECTOR       2.             Earthquake Reconstruction & Rehabilitation Authority (ERRA) (A World Bank Project) Heavy Mechanical Complex (Pvt.) Ltd (HMC), Al-Technique Corporation of Pakistan Ltd, National Power Construction Company of Pakistan (Pvt.) Ltd, PARAS Foods (Pvt.) Ltd Punjab Mineral Development Corporation PRIVATE SECTOR Managed two departments of 25 individuals. Maintained integrity of the general ledger, including the chart of accounts. Analyzed Created periodic reports comparing budgeted costs to actual costs. Report to management regarding the finances of the Appraise, evaluate, and inventory real property and equipment, recording information such as the description, value, and location of the property. Prepare detailed reports on audit findings. Supervise auditing of establishments, and determine the Collect and analyze data to detect deficient controls, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies. Supervise auditing of establishments, and determine the Report to management about asset utilization and audit results, and recommend changes in operations and financial activities Inspect account books and accounting systems for efficiency, effectiveness, and use of accepted accounting procedures to record transactions. EDUCATION Master in Business Administration MBA (Finance) Bachelor in Business Administration BBA Intermediate in Commerce I.Com Science SKILLS                      Budget and Cash Flow Accounts Payable Accounts Receivable Audit Controls Balance sheet Capital Budget Cost Reduction and Avoidance GAAP IFRS Financial Auditing Public and private accounting Quality Assurance Quality Compliance Statistical analysis Risk and compliance Database and spread sheets Budget and Forecasting Bookkeeping Corporate Governance Spread sheets General Ledger Senior Audit Manager / Cost Accountant                                 Awk & Co Chartered Accountants - June 2018 to Present COMPUTER LITERACY   Examine inventory to verify journal and ledger entries. Scope of investigation required. Review data about material assets, net worth, liabilities, capital stock, surplus, income, and expenditures. Confer with company officials about financial and regulatory matters. Examine whether the organization's objectives are reflected in its management activities Examine records, tax returns, and related documents pertaining to the settlement of the decedent's estate. Review taxpayer accounts and conduct audits on-site, by correspondence, or by summoning taxpayers to office. And whether employees understand the objectives. Prepare, analyze, and verify annual reports, financial statements, and other records, using accepted accounting and statistical procedures to assess financial conditions and facilitate financial planning. Direct activities of personnel engaged in filing, recording, compiling, and transmitting financial records.                  Prepare and process payroll information. Transfer details from separate journals to general ledgers or data processing sheets. Perform financial calculations such as amounts due, interest charges, balances, discounts, equity, and principal. Compile budget data and documents, based on estimated revenues and expenses and previous budgets. Maintain inventory records. Advice customers of necessary actions and strategies for debt repayment. Scope of investigation required. Establishment. Develop, maintain, and analyze budgets, preparing periodic reports that compare budgeted costs to actual costs. Provide internal and external auditing services for businesses or individuals. Monthly balance sheet accounts for corporate reporting. Modified a comprehensive financial reporting package to reflect growing organizational complexity Audit payroll and personnel records to determine unemployment insurance premiums, workers' compensation coverage, liabilities, and compliance with tax laws. Examine, evaluate, or process loan applications. EXPERIENCES  Develop and maintain all policies and procedures pertaining to the treasury and accounting practices.  Executing, planning, preparing, and finalization of statutory audits in conformity with International Standards on Auditing, Accounting, and related laws/ acts and ordinance as applicable in Pakistan.  Create, coordinate, and evaluate financial systems including budgeting, tax planning, and conservation of assets.  Oversee processing of revenue, expenditure, budgets, salary updates, and ledger account maintenance data entry  Produce financial statements, financial reports, information reports, and on-demand analysis on various items.  Develop and implement finance, accounting, billing, and auditing procedures.  Establish and maintain appropriate internal control safeguards.  Ensure records are maintained in accordance with generally accepted auditing standards.  Propose changes and improvements in financial and management information systems for the organization. Financial Planning Financial Statements Forecasting Foreign Exchange Financial Auditing. Financial control/budgeting Account management Account reconciliation Account management Account reconciliation Analytic reasoning Billing Budget analysis Flow Business plan Capital Budget Cash Management Contract Management Cost accounting Cost benefit analysis Credit Management Claims control Debt Refinancing Data analytics EBITDA Foreign Exchange QuickBooks Risk management Revenue recognition Statistical analysis Value added tax (VAT Fluctuation Analysis • • • • • • • • Microsoft Excel (Advanced Excel) Microsoft World MS Office, Microsoft Access. Power Point Internet + E-mail E-filing of Income Tax Return Sales tax return ASSIGNMENT WISE EXPERIENCE    WORLD BANK FUNDED PROJECTS National Drainage Program Sindh Irrigation Development Authority Audit Manager / Cost Accountant  Abdul Hameed khan & CO Chartered Accountants - Lahore  2006– June (May) Audit Manager Cost Accountant  Main duties:                   Quarterly presentations and participation on, Finance Committee of the Board of Managers Perform day-to-day tasks in industry, company size, and location and responsible Planning and performing operational and financial audits Identifying business process risks Developing recommendations and reports based on audits and presenting these ideas to senior management Formulating professional development and educational plans for junior staff members Completing audits to strict deadlines and within budgets, reporting directly to audit partner or director. At peak times, responsible for completing several audits simultaneously. Identifying and communicating findings for internal control weaknesses and deficiencies, non-compliance with regulations, policies, and procedures, and improvements in economies and efficiencies. Preparation of statutory financial statements. Arrange financial management reports, including financial planning and forecasting Advice on tax and treasury issues perform tests to check financial information and systems produce reports and recommendations following internal audits or public sector audit liaise with clients (individuals or businesses) and provide financial information and advice review the company's systems and analyses risk provide financial advice Negotiate terms with suppliers.             Cost Accountant  Main duties:  Worked as the special assignment of cost accountant in the following industries for a period of 10 years.                     Hafeez Iqbal Oil & Ghee Industries (Pvt) Ltd . Zakeriya Oil & Ghee Industries (Pvt) Ltd Adeel Hamza Oil & Ghee Industries (Pvt) Ltd Yaqoot Oil Processing & Extracting Mills (Pvt) Ltd Taj Vegetable oil processing unit (Pvt) Ltd My duties include verification of cost sheets, allocation of overhead, and reconciliation of financial accounts with the costing records. In addition to the above, I prepared the cost sheets calculating the items-wise cost of each item in all the manufacturing organizations. Planning, Studying and collecting data to determine costs of business activity such as raw material purchases, inventory, and labor. Analyzing data collected and recording results Analyzing changes in product design, raw materials, manufacturing methods, or services provided, to determine effects on cost GOVERNMENT & SEMI GOVERNMENT Heavy Mechanical Complex (Pvt.) Ltd (HMC) Al-Technique Corporation of Pakistan Ltd National Power Construction Company of Pakistan (Pvt.) Punjab Provincial Cooperative Bank Ltd (Multan Zone) The Tourism Development Corporation of Punjab Ltd The Cooperative Insurance Society of Pakistan Ltd. Pakistan Railway Advisory & Consultancy Services Ltd. (PRACS – Special Assignment of Catering Business Unit) Punjab Industrial Development Board Punjab Teachers Foundation Pakistan Mineral Development Corporation Ltd. (Provident & Gratuity Fund of Projects & Head Office) National Fertilizer Corporation of Pakistan Ltd.( Gratuity Fund) NFC Foundation HMC Employees Provident Fund IK-PDC Joint Venture Children Hospital. (Special Assignment) Agri-Business Project of Atomic Energy Commission of Pakistan INDUSTRIES & OTHER ORGANIZATIONS/ TEXTILE Chakwal Spinning Mills Ltd Kohinoor Spinning Mills Sitara Fibres (Pvt) Ltd Yousaf Weaving Mills Ltd INSURANCE The Cooperative Insurance Society of Pakistan Ltd Credit Insurance Company Platinum Insurance Co. Ltd Asia Insurance Company Ltd STOCK EXCHANGE Al-Mal Securities Services Ltd Investec Securities Ltd M.R Securities (SMC-Pvt.) Ltd Khalid Javed Securities (Pvt.) FOAM INDUSTRIES Diamond Industries Ltd CEMENT Zeal Pak Cement Factory Ltd Pakistan Slag Cement  Recording cost information for use in controlling expenditures  Analyzing audits of costs and preparing reports  Maintaining Cost Accounting System  Assisting in Month end close of the General Ledger            2003 – 2006 Accountant Main duties: Involved in working within a financial accounting team and responsible for preparing, examining, and analyzing accounting records, financial statements, and other financial reports. Duties; Reporting to senior managers regarding the company's finances. Preparing monthly reconciliations of balance sheet accounts     2001 – 2003 Assistant Accountant  Main duties:  • Completing bank reconciliations • Preparing annual budgets • Managing company ledgers • Processing business expenses • Coordinating internal and external audits • Verifying balances in account books and rectifying discrepancies • Verifying bank deposits/ Managing day-to-day transactions • Recording office expenditures, ensuring expenses are within the set budget • Completing the year-end analysis • Reporting on debtors and creditors Managing monthly budgeting tasks • Sorting financial documents and posting them to the proper accounts • Reviewing computer reports for accuracy and meticulously tracing errors back to their source • Resolving errors in financial reports and correcting faulty reporting methods LANGUAGES ENGLISH: Conversational URDU: Native or Bilingual PAHTO: Bilingual PUNJABI: Bilingual Skills       Market awareness Financial Planning/ reporting Management experience Aptitude for financial reporting Analytical and problem solving skills Public and private accounting References - available upon request • Decision making • Ability to deal with the auditee • Mathematical and deductive reasoning • Strong written and oral communication • Excellent analytical and numerical abilities • Critical thinking                    Shahbaz cement (Pvt) Ltd LAHORE RAPID MASS TRANSIT SYSTEM Systra - A French Multi National Company MVA Asia Ltd - A UK Multi National Company CHEMICAL AND PETROLEUM Shaffi Chemical Industries Ltd Al Hamad Chemicals (Pvt) Ltd Punjab Petroleum (Pvt.) Ltd SOFTWARE DEVELOPERS Aksa Telecom (Pvt) Ltd Aksa Solutions Development Services (Pvt) Ltd ICL (Pvt) Ltd. Zigron Pak (Pvt.) Ltd. Accountancy Outsourcing Services (Pvt.) Ltd. Punjab Information Technology Board (PITB) INDUSTRIAL & HOUSING SOCIETIES Pakistan Cycle Industrial Cooperative Society Ltd.(Rustam Sohrab) WAPDA Employees Cooperative Housing Society Ltd PCSIR Employees Co-operative Housing Society King Edward Medical Cooperative Housing Society INTERNATIONAL NGOS International Alert (International Forum On ethnic Conflict Genocide and Human Right International Alert LBG). Transparent Hand (Pvt) Ltd GIZ (The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH is international cooperation MISCELLANEOUS Olympia Oils (Pvt) Ltd Indus Steel Pipe Ltd Zeal Pak Industries (Pvt) Chakwal Grammer School Emirates Security Services TCL Electronic Pakistan (Pvt) Ltd Body Media International (Pvt) Barqaab consultancy services Punjab Cotton Mills Ltd Pakistan mineral and Development Corporation Government Model Pharmacy (Project of Children Hospital and Institute of Child Health)