Muhammad Farhan Email & Phone Number

Gujranwala, Punjab, Pakistan

Gujranwala

Managing a team of 5 accountants to deliver detail oriented bookkeeping, problem solving analytical &result oriented financial reporting, productive tax management and meeting tax filing time deadlines. - Preparation of financial statements as per the requirements of International Accounting Standards as applicable.- Supervision of bookkeeping- Maintaining inventory record- Supervision of reconciliation of accounts receivable, accounts payable and banks- Managing and timely filing of monthly sales tax return along with annexures- Supervision of withholding income and provincial sales tax as per applicable tax rules- Filing of withholding statements

Lahore, Pakistan

Managing a team of 3 tax accountants to deliver productive tax planning and meeting tax filing time deadlines and timely/satisfactorily answering the queries raised by tax authorities.- Tax planning & management- Calculation of tax payable / refundable on the basis of monthly sales tax return before 10th of next month- Depositing sales tax payable on the basis of monthly sales tax return before 15th of the next month- Submission of the sales tax return before 18th of the next month- Supervision of withholding income tax on payments to vendors and employees of the Company- Supervision of withholding sales tax on purchases - Filing withholding statement of income tax, sales tax and provincial sales tax before 15th of next month- Tax correspondence e.g. providing information / record / details to the legal consultant for compliance with tax authorities

G.T Road, Attawa, Gujranwala

Managing team of 4 accountants to provide attention to detail bookkeeping, problem solving, time management, financial accounting, financial reporting, tax filing, corporate affairs assistanceMajor job responsibilities were:• Detail oriented bookkeeping supervision• Preparation of financial statements with ratio analysis of previous year’s audited financial statements - Calculation of depreciation of property, plant and equipment - Stock in trade - Liabilities against the Assets Subject to Finance Lease - Deferred tax calculation - Computation of current tax - Working out Workers’ Profit Participation Fund (WPPF) - Workers’ Welfare Fund (WWF) - Preparation of transactions with related parties notes• Preparation of customized reports for management e.g. - Cash budget - Monthly stock analysis - Accounts payable - Accounts receivable• Calculation of tax payable / refundable on the basis of monthly sales tax return before filing of Annexure-C (Local Sales) of the sales tax return • Preparing the sales tax return and make it ready to submit before the due date• Supervision of withholding income tax on payments to vendors and employees of the Company• Supervision of withholding sales tax on purchases • Filing withholding statement of income tax, sales tax and provincial sales tax• Correspondence with Federal Board of Revenue (FBR) and Punjab Revenue Authority (PRA) in response to queries raised within the due date• Timely preparation and filing annual income tax return of the Company as well as of the directors of the company with pro-ration of income relating to normal tax regime / final tax regime if applicable• Assisting in corporate affairs of the companies: - Application for new digital signature of the directors / request for renewal - Minutes of AGM - Form-29 - Form-A - Form-10 / 17 - Election of directors• Correspondence with SECP• Application for Certified Copies (CTC)

Islamabad

CA Trainee dealing with external audit, internal audit, tax filing, tax advisory and corporate affairs of clients relating of different sectors of industry i.e. confectionery manufacturer, lubricant manufacturer, parts manufacturer, paper mills, woolen mills, auto [service providers, microfinance organizations, rice mills, bath room accessories, hospitals, school and traders• Conducting statutory audit• Conducting internal audit• Preparation & filing of monthly sales tax returns of different clients• Preparation & filing of withholding income tax & sales tax statements• Preparation and filing the income tax returns of individuals, AOPs and companies• Tax compliance: - Audit u/s 177 of the Income Tax Ordinance, 2001 - Audit u/s 25 of the Sales Tax Act, 1990 - Reconciliation u/s 161 read with 205 of the Income Tax Ordinance, 2001 / Under Rule 44(4) of the Income Tax Rules, 2002 - Filing appeal to the Commissioner Inland Revenue (Appeals)• Claims for income tax refund from FBR• Registration of individuals, AOPs & companies in income tax and sales tax• Handling corporate matters of clients

Certificate In Accounting And Finance, Accounting, Taxation, Corporate Law

Chartered Accountant

Bachelor’S Degree, Commerce (B.Com), B

Intermediate Degree, Commerce (I.Com), A