MUHAMMAD ASGHAR Assistant Manager Finance at Avanza Solutions (Pvt.) Ltd.

m_asghar91@live.com | 0332-2324540 | 3-A, 2/9, Nazimabad, Karachi.

SUMMARY

ACCA affiliate and CA (ICAEW) finalist with more than 4 years of experience in Financial Reporting, Forecasting,

Departmental Budgeting, Variance Analysis and Financial Planning including Accounting Tools, Techniques and

Methodologies. A creative, result-oriented and performance-driven Finance and Accountancy Expert with advanced analytical

and accounting skills essential for drilling down to transaction/workflow details in support of process and profit improvement.

Ability to compile, verifies, analyses, interpret and disseminate critical financial information for all relevant stakeholders.

Competent and experienced in the application of IFRS, financial reporting and tax related tasks.

ACHIEVEMENTS

Implemented control procedure over payroll processing at Avanza Solutions.

Managed finance operations in the absence of head with the help of team and reporting to Corporate Director & CEO.

Reconciled and finalized P.F balance of approx.200 employees from 2000 to 2015 before introducing gratuity scheme.

Prepared Projected Financial statements for potential investor.

SKILLS & ABILITIES

Well versed in terms of application of IAS/IFRS (international).

Proficient in Microsoft Office.

Hardworking (18/24 hours)

Capable of multitasking and meeting tight deadlines.

QuickBooks, Peachtree & ERP.

Well written and oral communication skills.

ACADEMIC EDUCATION

Institute of Chartered Accountants of England & Whales (ICAEW- Finalist) (Jan, 2015 till Present)

Cleared 13 papers out of 15. Papers to be attempted are

Strategic Business Management

Case Study

Association of Chartered Certified Accountants (ACCA - Affiliate) (June, 2009 to Dec, 2013)

Cleared all 14 papers of ACCA. The major areas of excellence are;

Financial/Corporate Reporting (IAS/IFRS)

Financial Management

Audit & Assurance

Taxation (UK)

Governance, Risk & Ethics

Bachelor in Commerce (B. Com) (Passed with 1st Division) (July, 2011 to June, 2013)

PROFESSIONAL EXPERIENCE

Senior Finance Executive at Avanza Solutions (Pvt.) Ltd. (Feb, 2015 till Present) (Promoted to) Assistant Manager Finance

At Avanza Solutions (Pvt.) Ltd. I am rendering following duties with reporting to Head of Finance:

Preparation of Financial Statements of both companies i.e. Avanza & Adroit Technology (UAE) as per IAS/IFRS

Create and monitor a system of controls, procedures, and forms for the recordation of fixed assets

Preparation of Monthly Management Accounts including projections for next period.

Departmental Budgeting: Estimation, Analysis and reporting variances to Head of Finance.

Supervising payroll – from preparation to disbursement of salary.

Supervising monthly preparation of Bank Reconciliations

Coordination with Auditors in performing statutory audit and review

Supervising revenue recognition and maintaining Ageing of Receivables.

Perform various official task as and when required.

Accounts Officer at Chase up Shopping City (Promoted to) Accounts Executive (April, 2013 till Jan, 2015)

At Chase Up I am rendering following duties under the supervision of qualified Chartered Accountant:

Managing monthly reporting of Financial Accounts

Reconciling Inter-branch Transactions i.e. Payable & Receivable within branches

Ensure Accurate Recording of Financial Statement items

Managing Branding Agreements:

(A type of rental income received against allotment of space in Chase Up store for better presentation of product or any other type of activity)

Recording of income in the books when it is due

Following up with parties for the payments when they are due

Coordinating with branches to acknowledged them for any agreement made and informing when any activity

oragreement ends or terminates.

Maintaining an accurate aging report of all Trade Debtors

Interact with customers to resolve outstanding issues

Checking the petty cash posted by branch petty cashier

Audit Internee at Parker Randall Chartered Accountants (Aug, 2012 to Mar, 2013)

Audit Projects and Reports

Plan and conduct audit preparation

Work closely with audit team and client to identify potential and existing issues.

Prepare reports of audit findings and present to senior manager.

The clients at which I have worked are:

Tele card Ltd. (Interim Audit)

Noor Rice Mills (Statutory Audit)

Atlas Rubber Industries (Statutory Audit)

Atlas Textile (Statutory Audit)

Accounting Projects

Preparing Final Accounts

Preparing bank reconciliations

Intra-company transfer reconciliation

Posting JV and other related vouchers

Maintaining fixed asset register