ABDUHOO ZAHID QURESHI

A Private Limited Company including the following Brands of Ready Made Clothes:

Barreze, Bareeze Man, Leisure Club, Mini Minors, Kaysriya, Home Expression, Chynaire, Rang Ja, Super Squade etc. 

April 2018 - to Date

Assistant Manager Finance & Accounts

FINANCE:

• Arrangements of opening new policies and adding endorsements in existing policies of motor vehicles, stock , cash and all fixed assets stc.
• Documents arrangements for opening new policies and making premium payments after verification of decided rate, terms and conditions.
• Sending PPR to related banks for leased vehicles.
• Deletion of sold vehicles from related policies and arrangement of refund claims according to decided term & rates.
• Manage claims for damaged and stolen vehicles or assets by arranging surveyor's visits and dealing with insurance companies and 3rd parties etc. 
• Lease arrangements for different fixed assets, Pay order and Delivery Order arrangements from bank , managing repayment of monthly instalments ( KIBOR) etc.
• Assist in arrangement of finance through banks and maintaining credit limit with banks.
• Assist in dealing Corporate Affairs requirements & filing of statutory returns and other legal requirements by law. 

ACCOUNTS:

• Complete supervision and Adjustment of Brand’s clearing account (Data Entry & Reconciliation).
• Verification in Software SIDAT Hyder Financial (Oracle) + SAP FICO(BPV, BRV, CPV, CRV, JV, PJV).
• Verification of “Journal Vouchers” with attached Bills, GRN, IGP(manual & computerized) with Authorized  signatures and Approval.(Insurance, Salary, EOBI, Social Security & Provident Fund)
• Advance payment memorandum, advance request from vendor.
• Verification of “Bank Payment Vouchers” & Cheques (withholding Tax Deduction & Sale Tax calculation according to rules)
• Ensure that transactions are recorded in compliance with accepted policies, procedures and SOPs.
• Resolve accounting discrepancies and irregularities.
• Ensure financial reporting deadlines.
• Monitor and review accounting and system related reports for accuracy and completeness.
• Working checking of all clearing & forwarding agents bills before payments.
• Any other task assigned by Management. 
• Verification of bank payment voucher along with PJV’s & JV’s supporting.

Organization Type:

Tenure:

A large group of Companies providing leather inside and outside the Pakistan as one of the top listed exporter of Leather. Producing Chemical for Textile and Leather Sectors. Producing Shoes by the brand names of Urban Sole and Pierre Cardin etc. Shafi Pvt Ltd ,Shafi Reso Chem Pvt Ltd, Siddiq Leathers Pvt Ltd, M.Mohammad Shafi & co.

Dec2013 to 5th April 2018

Designation:                                                          

Assistant Manager Audit:

• Studies and conducts audit assignments of Risky allocated divisions/departments, according to scheduled and annual audit plans of Different Member Companies of Group.
• By evaluating the internal controls, identifies areas that may require additional audit coverage to ensure that systems, procedures and internal controls are effectively adhered.
• By analyzing and discussing with audited department and concerned staff, revision and evaluation of admin./financial/operational procedures. Makes recommendations to improve the internal controls.
• Preparation of audit report, highlighting discrepancies and non-compliance issues and recommending new/additional controls to mitigate such deficiencies. Discusses the preliminary report with the concerned staff, and reviews their comments, feedback and corrective action plan with the Senior Auditor/ Internal Audit Manager in order to prepare the final audit report.
• Supply Chain Audits of Different Companies in Group.
• Pre and Post audit of Different Internal Audit Areas Sales, Purchases ,expenses etc.
• Preparation of Per unit cost reports 
• Analysis of workers Actual output and Budgeted output per hour
• Checking of Payment to workers according to their performance
• Monthly and Quarterly Reports to Directors .
• Monitoring of monthly payroll and overtimes.
• Full and final settlement files & Leave encashment files audit of workers & Employee

PURCHASE & SALES DEPARTMENT

• Stores inventory and report thereon.
• Audit of Sales invoices, D.Os contracts, Dispatch advices etc.
• Store and Repair Chelan their Registers and Their Check Requests Batches etc. 

       Export and Import Vouchers (Including Forwarding  and 

       Freight charges Bills)

•  Running Finance Vouchers, Loan and Markup vouchers
•  Entries of Provisions and their Adjustments
• Audit of monthly  Sales Tax Returns 
• Preparation of Standard Operating Procedures of newly established Companies.

ACCOUNTS & FINANCE(Newly formed Company in Group)

• Preparation of Department wise Budgets and manage to issue funds according to these approved budgets. 
• Project’s Feasibility Reports
• Prepared Chart of Accounts, Booking of Vouchers in ERP
• Preparation of Different Reports in ERP(Ledgers, Trials, etc)
• Preparation of Cheques, Pay Orders & Demand Drafts etc)

Organization

 Umer Group Of Companies(HushPuppies)

 Type:

Tenure: 

A dynamic conglomerate of various Enterprises, listed on LSE & KSE .Comprised of Textile(Blessed,Bhanero,Faisal), Power generation, Dairy Farming, Footwear. Having its customers based in UK, USA, Sri Lanka, Germany, Spain, Portugal, Turkey, Korea etc.

4 Years

Designation:               

Audit Officer

Brief Job Description: 

• Audit of financial and accounting records of Company

       Including Cash, Bank and Journal Vouchers.

• Analysis of monthly consumption, work in process and finished goods for accuracy and consistency.
• Monitoring of monthly payroll and overtimes.
• Audit of payroll and its payment to workers.
• Full and final  files of workers & Gratuity files of Employees
• Leave Encashment files of Employees
• Monitoring of monthly Stock taking.
• PURCHASE & SALES DEPARTMENT
• Stores inventory and report thereon.
• Audit of Sales invoices, D.Os contracts, Dispatch advices etc.
• Discounting of Invoices , Forward contracts for foreign currency.
•  Purchases, Letter of Credit Vouchers. 
• Store and Repair Chelan their Registers and Their Check Requests Batches etc. 

       Export and Import Vouchers (Including Forwarding  and 

       Freight charges Bills)

•  Running Finance Vouchers, Loan and Markup vouchers
•  Entries of Provisions and their Adjustments
•  Lease and Their Markup Vouchers
• Audit of monthly  Sales Tax Returns 
• LC discounting documents
• Implementation of Solo Tech attendance System

Designation:

• Vouchers of Cash, Bank and Journal Vouchers
• Entries in Quick Books and Peachtree
• Bank Reconciliation Statements
• Monthly Returns

Organization Type:

Chartered Accountant Audit Firm

4 Months Internship 

• Inventory Taking
• Debtors inquiry
• Checking Employees records

SAP FICO

SIDAT Hyder Financial (Oracle)

Above Average

Excellent

Currently Using

Currently Using

Previously Used

M.A ECONOMICS

Part 1

Part 2

2011

Pending

2002