About Shafiq Khan:
My Name Is M.Shafiq I have completed M.com and have a experience of 9 year
Experience
MAIN RESPONSIBILITIES
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 products costing plus monthly closing of Cost of Goods Sold, Distribution Expenses and Operations Expenses. Prepared annual budgets of same
Performed all inventory analysis, including obsolescence review and write offs
Muhammad Shafiq
S/O
Muhammad Bashir
Resume Degree Institute/Board/University Year
M.COM
B.COM
SUPERIOR UNIVERSITY
PUNJAB UNIVERSTY
2016
2014
I.COM
B.I.S.E (Lahore)
2011
Matriculation
B.I..S.E (Lahore)
2009
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
Completed M.com From Superior university Lahore
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