Waqar Ahmed Cpa, Cga, Cia, Fcca Email & Phone Number

Brantford, Ontario, Canada

Brantford, Ontario, Canada

Brantford, Ontario, Canada

• Supervised the finance team to ensure timely and accurate financial reporting.• Oversaw the preparation of financial statements, including balance sheets, income statements, and cash flow statements.• Developed and implemented financial policies and procedures to ensure compliance with regulations and best practices.• Monitored and analyzed financial performance of the company, including revenue and expense trends, and providedrecommendations for improvement.• Prepared and presented financial reports to senior management and the board of directors.• Managed the company's cash flow and forecasting, including short-term and long-term cash projections.• Collaborated with other departments to develop and implement financial strategies and plans.• Conducted financial due diligence on potential acquisitions or investments.• Managed the company's tax compliance and reporting, ensuring compliance with all applicable regulations.• Worked with external auditors to complete financial audits and ensure compliance with accounting standards.

►Assisted Finance Director in preparation of strategic financial plans and financial statements in compliance with IFRS.►Facilitated support to external auditors by coordinating and accomplishing their requirements, involving preparation of schedules.►Modified existing accounting system to comply with VAT law and filed Value-added Tax (VAT) return and In-Country Valuation (ICV) certification for ADNOC.►Performed periodic inventory count and analyzed stock ageing to ensure accurate provision are being made in the financial statements against slow moving or obsolete items.►Driving significant efforts in improving efficiency by preparing a business plan for the Company and monitoring the progress of projects, thereby reporting the same to the Executive Management.►Strategizing adequate measures while monitoring the inward & outward flow of cash, ensuring optimum utilization of available funds towards the accomplishment of corporate as well as negotiating with banks for credit facilities.►Performed Quality Audits as per ISO 9001 requirements for providing assurance to stakeholders that desired quality of delivered projects is achieved and the quality systems meet expectations.

Throughout my role as an Assistant Finance Lead, I maintained effective coordination with the banks for financial activities, review and upgrade banking facilities of the Company, and successfully conducted monthly reconciliations of the bank, customers, suppliers, related parties, etc. Prepared variance analysis & statement of cash flows for internal/external reporting and provided a financial overview as well as leadership for all major operating activities including development of business/profit plans.Key Accomplishments►Ensured smooth run of accounting and business process as well as operations by maintaining seamless coordination with in-house IT department for software development, thereby recommended modifications for the same.►Realized cost savings by carrying out a monthly cash flow analysis and reporting on any corrective actions with the accountability of supervising accounting staff and controlling expenses concerning the budget as well as recommending measures to realize cost savings. ►Achieved higher operational efficiency, resource rationalization, and cost reduction by reviewing existing systems & procedures and assisted in designing internal controls/quality audit checks for various operational areas. ►Assisted in conducting gap analysis and gathered functional information to integrate inputs for bridging gaps.

• Conducted financial analysis on company data to identify trends and variances.• Created financial models and reports using Excel and other software.• Prepared and presented financial forecasts, budgets, and other financial reports to senior management.• Monitored and analyzed financial performance of the company, including revenue and expense trends.• Assisted in the development of financial strategies and plans.• Assisted in the preparation of financial statements and regulatory filings.• Collaborated with other departments to gather financial information and improve financial processes

• Collating, checking and analyzing spreadsheet data.• Examining company accounts and financial control systems.• Gauging levels of financial risk within organizations.• Checking that financial reports and records are accurate and reliable.• Ensuring that assets are safeguarded.• GAP Analysis assignment on project basis.• Filing of Income Tax Returns.• Filing of Sales Tax Returns.• Preparing reports, commentaries and financial statements.• Liaising with managerial staff and presenting findings and recommendations.• Ensuring compliance of procedures, policies, legislation and regulations.• Undertaking reviews of payroll.• Annual stock takes of different clients.• Statutory Audit and compliance with local laws and regulations.

Education record

Acca Member, Accountancy, Member

Audit, Taxation, Financial Reporting

Bsc In Applied Accounting, Accounting And Business/Management, B

Acma, Accounting And Finance

M. Com, Business/Commerce, General

Certified Internal Auditor, Internal Audit