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Shafiq Khan

Shafiq Khan

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Accounting / Finance

Lahore, Lahore District

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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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