Sarwar Hossen Cpa, Cma Email & Phone Number

2380,Lawrence Avenue East, Toronto

• Review month end financial statement along with budget variance within 5th day of the next month • Run month end GL processing in the Auto Xpert, QuickBooks and AutoPal software• Review bank reconciliation between bank statement and bank book maintained in QuickBooks software• Review biweekly, semi-monthly and monthly payroll of all the employees prepared by the Payroll Analyst• Review the quarterly payroll remittance (CPP, EI, Income Tax), monthly Health Tax, WSIB remittance, Garnishment pay and reconciliation with GL, Tax report and CRA online account • Review the monthly HST, PST reporting as well as payment to CRA and reconciliation thereof• Approve the daily payment for purchase of stock items in the Bank online portal• Reconcile the inter company transactions and ensure month end balance transfer• Review the c/c statements and reconciliation by the AP Analyst• Prepare ASPE compliant financials and submission of audit file and liaise with the Auditor and meet their queries• Review the daily postings of bank collections in the AutoPal software by the Collection Officer• Upload credit reporting database to Metro 2 Software and liaise with the Credit Bureau • Submit monthly credit reporting of the in house loan customers to EQUIFAX and meet the day to day queries of the customers and get these resolved from EQUIFAX• Complete ad hoc projects as asked by the management

• Planned, directed and controlled financial functions for the entire Group (8 group companies , 2 hospitals and 1 three star hotel ) • Appraised 2 overseas investment proposals with successful negotiations ensuring robust foreign exchange earnings for the company• Developed 5 years strategic business plans in alignment with the annual plans.• Fostered heightened relationship with existing 5 bankers and 2 NBFIs reducing the cost of fund by 2% and ensure maximum benefits of surplus fund• Developed and consolidated short-term and long-term cash flow forecast and assessed working capital needs of business units• Developed cost accounting practice, product costing, labor and overhead variance, capacity utilization, yield analysis to ensure maximum utilization of resources• Formulated budgetary control in the Group and tracked the progress by routine report and budget variance analysis• Established robust credit realization, reconciliation of sales center accounts, and stretched the payables with tough negotiation with suppliers.• Developed and lead in house Tax and VAT wing, maintained strong relationship with VAT and Tax office of NBR, regularized corporate tax files saving annual $6000 for consultancy• Responded to auditors’ comments concerning finances and accounts and oversee required action to address deficiencies• Participated actively in the Finance Committee, Audit Committee and Board of Directors for formulation, review, and and implementation of different policies of the Companies.

• Facilitated in the preparation of annual financial budgets and monthly forecasts with required historical facts, figures and trend analysis• Created budget templates, reviewed the submitted budget by business units and consolidated the Group budget to circulate to senior management• Reviewed the monthly, quarterly and annual variance analysis and recommended actions required• Performed product cost analysis and determined product pricing by target and/or marginal costing• Reviewed and analyzed labour rate variance, material variance, machine capacity utilization report • Performed allocation of overhead cost by Activity Based Costing (ABC)• Prepared and consolidated short-term and long-term cash flow forecast and assessed working capital needs of business units• Reduced 90% redundancies in management reporting through leadership by identifying and harmonizing reporting formats and contents• Established robust credit realization, reconciliation of sales center accounts, and stretched the payables with tough negotiation with suppliers.• Reviewed payroll accounting entries, reviewed staff loan reconciliation, payment for final settlement of the left employees• Reviewed month end reconciliation of accruals and prepaid expenses, general ledger accounts analysis for ensuring accuracy and completeness • Reviewed 20 sales centers’ accounts receivable and tracked long term receivables and journalized bad debt expense provision• Performed fixed assets physical count and processed capital expenditure requisitions• Analyzed employees expense claims to track policy violations and saved around CAD 2,500 pm• Calculated obsolescence allowance for obsolete and slow moving item and posted entry into ERP • Completed ad hoc projects as asked by CFO for day to day, monthly, quarterly and year end operations of the Finance and Accounts Department.

Dhaka

• Planned, managed, supervised and executed external audit and consultancy engagements and projects by assigned staff and within agreed budget, and deadlines • Performed extensive and complex fieldwork on assigned clients, assisted with setting of budgetand pricing, scheduling audits, developing the audit strategy, finalizing the audit program,obtaining audit evidence and using KPMG audit methodology and audit sampling software like IDEA and other technology tools;• Reviewed the planning documents, audit working papers, management report , and the corroborating audit opinion and ensured IFRS, US GAAP, SOX (as applicable) compliance and other regulatory requirements• Supervised tax clients and liaison with tax authorities for filing returns and assessment thereof;• Established client relationships, anticipating clients’ needs, responding to their queries,• Responded to the engagement manager and audit partners on all poignant points;• Evaluated and proposed the appropriateness of accounting policies used;• Assisted in implementing effective internal control and audit functions and statutory accounts;• Set objectives (goal setting) with the audit team, providing support and coaching for more junior staff, and giving them feedback on their performance;

Education record

Acma, Cgma, Accounting, Finance, Management

Fellow Chartered Accountant (Fca), Financial Reporting And Management

Fellow Cost And Management Accountant (Fcma), Management And Cost Accounting

Mba, Accounting & Informations Systems

Bachelor Of Business Administration - Bba, Accounting & Information Systems