Tahir Mubarik Email & Phone Number

Dubai, United Arab Emirates

Dubai, United Arab Emirates

Lahore Pakistan

- Optimized process for employee advances, expense claim and expense reports reducing the average turnaround time from 60 days to 25 days.- Prepared monthly financial statements (Balance Sheet, Profit & Loss, Comprehensive Income, Changes in Equity, Cash Flow, Notes to the Accounts) on the basis of International Financial Reporting Standards (IFRS), ensuring adherence to local statutory requirements.- Minimized procurement cost by 14% by centralizing the sourcing of products across the organization.- Mentored 3 subordinates, providing guidance relating to the modern accounting and bookkeeping practices.- Coordinated month-end and year-end closing process and resolved discrepancies in monthly closing checklist ahead of aggressive deadlines.- Prepared and finalized annual budgets, calculated variance of actual vs budgeted on monthly basis and highlight reasons for the variance. - Managed accounts payable (AP) and accounts receivable (AR) tracking, budgeting, payroll transactions, expense transactions and reconciliations.- Responsible for vendor reconciliation and receivable reconciliation and all statement of accounts reconciliation (SOAs).- Handled tax preparations and secured PKR 2.5 million approx tax savings through the utilization of available tax credits to mitigate tax liabilities and ensured stringent compliance to optimize financial outcomes.- Prepared quarterly, half-yearly, and annual financial statements and drove timely completion of internal and external audits.- Assumed responsibility for authorizing vendor payments, precisely tracked accounts receivable and accounts payable, and conducted reviews of bank reconciliations to ensure financial accuracy and optimal cash flow management.- Review and approve journal entries, invoices, and other accounting documents to ensure compliance with accounting policies.- Review & Finalized payroll and made sure to finalize and disbursed within agreed timeline.

Lahore, Punjab, Pakistan

- Led the execution of external audits and accurately prepared audit reports in accordance with International Standards on Auditing (ISAs.)- Conducted test of controls and risk management procedures, pinpointing vulnerabilities, and formulating recommendations to management for enhanced effectiveness of internal controls and risk mitigation. - Reviewed and preparation financial statements prepared on the basis of International Financial Reporting Standards (IFRS), ensuring adherence to local statutory requirements.- Led the execution of internal audits and accurately prepared comprehensive internal audit reports. Assessed compliance with standard operating procedures (SOPs), evaluated internal control systems, conducted risk management procedures and identified, assessed, and communicated weakness.- Performed analytical procedures and identified the material differences.- Verified compliance with corporate laws and regulations, conducted through tax compliance reviews, assessing record and procedures to ensure accurate adherence to tax regulations.- Performed daily bookkeeping functions on outsourcing assignments, including accounts payable (A/P) and accounts receivable (A/R) tracking, budgeting, payroll transactions, expense transactions and reconciliations.- Provided recommendations to clients on cost-saving strategies and process improvements.- Calculated tax and filed sales tax (VAT) returns, withholding tax returns and annual income/corporate tax returns.- Ensured timely completion and submission of key deliverables to clients.- Researched tax strategies and ensured compliance with federal, state, and local taxation regulations. - Filed monthly tax returns at the provincial and federal levels.- Prepared working papers and replies for tax authorities during audit proceedings.- Analyzed cost structures of clients, identifying cost drivers and areas for optimization.

Certificate In Accounting And Finance (Ca-Inter), Accounting And Finance, Pass

Bachelor'S Degree, Accounting And Finance

Fsc Pre-Engineering, Pre-Engineering

Matriculation, Science, A+