Abid Mushtaq Email & Phone Number

Lahore, Punjab, Pakistan

Large scale Furniture manufacturing

Lahore District, Punjab, Pakistan

Abu Dhabi, United Arab Emirates

Al Barakah Investment Holding Company deals in Hospitality management, Catering, Laundry, Real Estate, Construction & Contracting and Security services etc.- VAT impact analysis- VAT Planning- Registration with Federal Tax Authority - Forming Tax Group- ERP System Enhancements- Training & Coordination with Sales, Procurement teams- Ensure correct VAT application on accounting transactions- Updated knowledge of any changes in tax laws by Federal Tax Authority and its impact on the business- Enhanced record keeping practices to ensure VAT law compliance.

Lahore, Pakistan

Reporting to Financial Controller & Chairman- Finalization of Accounts- Preparation of Profit & Loss Accounts, Balance Sheet and Statement of Cash Flows- Fund Flow Management- Invoicing to customers, Ageing analysis and follow up reports etc.- Cost reduction measures, Budgeting and periodical analysis reports- Suppliers invoices recording, payments as per due dates etc.- Payroll and adjustments of staff advances etc.- Compliance of Direct & Indirect taxes- Annual Tax Planning aligned to the business plan- Update on new developments in tax laws that may have impact on business operations. - Tax Savings within the scope of Tax LawsT- Transactions amongst associated companies to ensure maximum tax benefit within the provided framework of law.- Submission of periodical tax returns/statements of Direct Tax, Indirect Tax and Withholding Taxes.- Reconciliation of accounting records of Purchase & Sales, with tax records- Bank Reconciliation Statements

31-Km, Shamke Bhattian, Multan Rd. Lhr

IKAN mainly deals in Civil Construction, Mechanical & Fabrication, Power, Furniture and Signboards & Cat eyes.Responsibilities and tasks performed:• Risk assessment of business processes and their coverage into audit plan.• Formulate annual audit plan in consultation with Board Audit Committee and Management.• Implement the annual audit plan, including as appropriate any special tasks or projects requested by the Board Audit Committee. • Issue periodic reports on a timely basis to the Board Audit Committee and BOD summarizing results of audit activities.• Assist in the investigation of significant suspected fraudulent activities and notify the Board Audit Committee of the results. • Ensure that the department complies with sound internal auditing principles and best practices.• Determine compliance with policies and procedures.• Monitor and report on progress of implementations of the audit recommendations.• Officially communicate findings to Chairman in audit committee meeting and draft comprehensive and complete report of audit area. • Review of company policies & procedures to evaluate the adequacy of internal controls and suggest necessary amendments over policies & procedures to streamline the procedures by ensuring compliance.• Verification of selected sub-cons & supplier bills, Temporary Advance Receivable etc. and other administrative & office expenses.• Verification of monthly Returns for Direct and Indirect Taxation and issue report on non-compliance if any.• Pre-audit of sub-cons & supplier bills through compliance/substantive testing.• Conduct store audit monthly by evaluating overall store operational procedures & activities.• Presenting detail audit report for corrective and preventive measures along with some suitable suggestions to overcome weaknesses.• Monthly & Quarterly management review meeting of all audit activities with regard to audit queries & other policy related matters by keeping in view of internal control system.

Lahore, Pakistan

Master Of Commerce, Finance, 72%

With Major in Finance

Bachelor Of Commerce (B.Com), Accounting And Finance

With Major Subjects in Accounting & Auditing