Sami.U

Assistant Director (Taxation & Financial Reporting)

Punjab Urban Land Systems Enhancement • Tiempo completo

Sep 2022 - Present • 4 yrs 1 mo

1-Ensure compliance with international accounting standards, improving the accuracy of financial reporting 2-Prepare financial and management accounts, delivering periodic accounts and reports on time 3-Contribute to inter-departmental meetings on revenue, planning, cash flow management and payment strategy, under the Director of Finance Support Board of Directors' approvals and resolutions on fixed asset additions and disposals, approval of financial statements, and management letter responses to external auditors 4-Prepare monthly and annual revenue and expenditure budgets, and monthly reports with comparative periods 5-Prepare division-wise revenue and expenditure analysis with budget achievement reporting 6-Manage accounts payable and receivable; prepare bank reconciliations Maintain the fixed asset register, depreciation and accumulated depreciation schedules 7-Prepare month-end journals including accruals, provisions and adjustments; calculate monthly mark-up 8-Prepare monthly and annual income tax and sales tax (VAT) workings and returns Operate withholding tax deduction, deposit and monthly, quarterly and annual statement filing 9-Manage tax litigation matters with revenue authorities

Assistant Manager, Finance & Taxation

Sitara Textile Industries Limited • Tiempo completo

Jun 2019 - Sep 2022 • 3 yrs 3 mos

1-Prepared and analysed monthly and annual management accounts Carried out monthly expense analysis, identifying variances and providing insights to management 2-Managed accounts payable (supplier payments, ageing reports, ledger reconciliations) and accounts receivable (invoicing, sales booking, receipts, customer reconciliations) 3-Managed communication with external auditors, ensuring IFRS compliance 4-Prepared expenditure budgets and implemented reporting procedures for internal controls 5-Ensured accurate general ledger balances; handled trial balance and account groupings 5-Prepared bank reconciliations; processed month-end and year-end close 6-Managed income tax and VAT returns, withholding tax deduction and legal tax matters 7-Liaised with banks on facility arrangements, loan repayments and pricing negotiations