
cancer SK
Accounting / Finance
About cancer SK:
My Name Is M.Shafiq I am qualified M.com
Experience
Shrooq Pharmaceuticals Pvt. Ltd (from june-2013 to Present)
Cost & Audit Manager
JOB SUMMARY
- Lead, plan, and perform financial and operational audits.
- Create and develop new audit programs to improve financial controls.
- Providing input into the efficiencies, procedures and effectiveness of an evolving Internal Controls organization.
- Observing year-end inventory counts
- Performed all inventory analysis, including obsolescence review and write offs
- Performed all products costing plus monthly closing of Cost of Goods Sold, Distribution Expenses and Operations Expenses
- Managing the Accounts Payable by ensuring suppliers’ payment on time, regular review of aging report and timely monthly closing of accounts payable
- Managing Accounts Receivable by ensuring receipt on time by review and analysis of aging report and investment analysis
- Accounts reconciliation And Bank Reconciliation Statement
- Prepares balance sheet, profits and losses report, and other statements based on information obtained throughout the year
- Assisting in Annual Budgetary Process
- Forecasting of Raw Materials need according to the Budgets
- Preparation of Monthly, Quarterly and yearly Cash Budget
- Final Accounts Settlement
- Develop and maintain accurate product costs
- Audit items costs, costing programs and systems for accuracy
- Ensure rates are appropriate and are kept updated with changes in the business Coordinate proper cost absorption in inventory valuation
- Set standard costs for all products and directed the implementation of cost accounting methods and activities
- Accumulated and applied overhead costs as required by generally accepted accounting principles
- Implementation of ERP system in all departments including RMS, PMS, FGS, QC department, QA Department, Procurement, Sales, Distribution and Accounts.
- Interacting with all levels (up to CFO) to review and communicate findings and recommendations.
Education
| Certificate/Degree | Institute | Year of Passing |
| M.COM | SUPERIOR UNIVERSITY | 2016 |
| B.COM | PUNJAB UNIVERSTY | 2014 |
| I.COM | B.I.S.E (Lahore) | 2011 |
| Matriculation | B.I.S.E (Lahore) | 2009 |
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