Muhammad Ahsan

Overseeing the general ledger system and ensuring accurate recording of financial transactions.

Maintaining a chart of accounts and ensuring it aligns with the organisation's financial reporting requirements.

I am reviewing journal entries and reconciliations prepared by junior staff or accounting systems.

Preparing monthly, quarterly, and annual financial statements according to GAAP (Generally Accepted Accounting Principles) or applicable accounting standards.

Keeping an eye on the accounts receivable process, including the ageing of collections and appropriate follow-up.

Supervising the Payable Procedure Keep an eye on the payment process to preserve goodwill and relationships with suppliers.

Ensuring compliance with tax laws and regulations, including timely payment of taxes and accurate reporting of tax liabilities,.
Researching tax issues and developments to ensure the organization's tax strategies are optimized and compliant.

Coordinating with external auditors during financial audits and providing necessary documentation and support.

Collaborating with cross-functional teams to achieve departmental and organizational goals.

I checked accounting data and financial reports and pinpointed omissions and potential issues.

Collaborated with outsourcing firms to review tax returns and resolve detected problems.

Generated financial reports, returns, and payment receipts for tax audits.

Managed documentation to support tax reporting activities.

• Managed and prepared journal entries and reconciliations to support monthly general ledger closing activities.
• Assist in forecasting the company's financial standing across various time frames.
• Advised management teams on tax-related matters to facilitate decision-making efforts.
• I checked accounting data and financial reports and pinpointed omissions and potential issues.
• Scrutiny of the general ledger and sub-ledgers.
• Overall supervision of day-to-day accounting activity.
• Liaison with banks and handling all banking matters.
• Preparation of the financial statements of the projects as per IFRS and IAS.
• Recommend process enhancements by automating repetitive tasks as a key participant in the accounting procedures.
• Supported the implementation of tax policies to simplify return filing and payment.
• Reviewed tax legislative changes and modified accounting operations for compliance reasons.

• Prepared monthly reports, account reconciliations, and financial statements.
• Analyze financial information quarterly, draft, and present a report to the CEO.
• I oversaw an account portfolio to deliver top-quality account services.
• Preparing receivable reports and monitoring collections from debtors.
• Preparing monthly Expense reports and processing payments to vendors
• Successfully reduced the cost of services by 35% via cheap labour and tightly controlled project timelines.
• Implementation and monitoring of effective internal control systems, policies, and procedures.
• Liaising with external auditors, tax authorities, &other regulators.
• Monitor account receivables, draft easy settlement agreements, and ensure effective bad debt recovery.

• Prepare annual financial statements for clients in compliance with IFRS standards.
• Post accounting entries according to IFRS guidelines for client bookkeeping.
• Maintain and update financial records for clients.
• I liaised with team members to ensure assignments met agreed-upon terms.
• Support the audit supervisor in conducting audits.
• Verify assets and liabilities in relevant accounts.
• Preparation of audit reports and audit files.
• Bank Reconciliation and other ledgers Reconciliation.

Successfully assisted external audits of the following entities:

• Punjab Oil Mills Ltd (Manufacturing)
• Namal University Mianwali (Education)
• Phones Food (Pvt) Ltd., Dunkin Donuts (Hotel & Restaurant)
• Zaitoon Group ( Real Estate)