Fakhar Abbas Khan

Experience

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  Ali Akbar Spinning Mills

  Jan 2007 - Dec 2011

  Accounts & Finance Officer

  • Daily and monthly profit and loss analysis• Payroll management, including salary preparation and finalization• Preparation of cash forecasts for the upcoming month• Bookkeeping and voucher posting in the ERP system• Stock valuation at month-end• Monthly stock-taking and yield calculation• Complete coordination of cotton purchases• Liaison with internal and external auditors and preparation of annual audit files• Bank statement reconciliation• Coordination with banks for company loans, reimbursements, and rescheduling• Preparation and submission of income tax returns and statements for the company and employees• Monthly budgeting for the head office and factory• Reconciliation of all accounts and party ledgers Show less

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  Auriga Group of Companies

  Jan 2012 - Dec 2012

  Account Manager

  • Perform daily accounting activities to maintain the company’s general ledger.• Ensure accurate and timely monthly, quarterly, and year-end closings.• Handle tax compliance, including VAT and income tax returns, statements, exemption certificates, legal issues, and notices.• Prepare and submit various reports as instructed by management.• Report monthly and fortnightly financial information to the CEO.• Maintain organized records and detailed documentation of financial transactions and journal entries.• Prepare quarterly, half-yearly, and annual financial statements.• Maintain accounting controls by developing and recommending policies and procedures.• Perform complete general ledger operations and reconcile balance sheet accounts.• Prepare reports required by regulatory agencies.• Conduct bank reconciliations and inter-company reconciliations.• Coordinate and liaise with all regional accountants across Pakistan. Show less

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  PRAL ( Project Punjab Revenue Authority )

  Oct 2012 - Apr 2015

  Project Officer

  • Monitor taxpayers' VAT returns and VAT withholding statement deposits.• Manage all user accounts for officers, issue new user credentials, and handle PTMS-related issues and requirements.• Provide support to taxpayers for online e-registration, e-enrollment, e-payments, and Punjab VAT Return (e-filing) issues.• Handle all official emails of PRA officers, including password-related concerns.• Process approved User ID and password requests from the relevant commissioner (one-time processing if the email differs from the registered email) and maintain records. Show less

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  Pakistan Revenue Automation Company

  Apr 2015 - now

  Operations Manager ( Punjab Revenue Authority )

  • Implementing Sales Tax (VAT) operations for the past ten years, providing operational and technical support to the PRA Chairman, top management, and officers.• Handling queries, tasks, and generating various reports and data as required.• Monitoring the filing of sales tax returns and tax collection.• Attending meetings with PRA management and fulfilling their requirements, such as VAT collection comparison reports, filer/non-filer reports, registration reports, and pending PSID reports.• Playing a vital role in PRA IRIS registration, VAT return documentation, business process implementation, and adapting to amendments in PRA IRIS.• Managing PRAL headquarters and office staff operations, including attendance, leave management, medical claims, and PER reports.• Providing guidance on e-filing of VAT returns, registrations, and e-payments to team members and taxpayers.• Forwarding taxpayer issues to the development and operations teams via CRM (email, walk-in, or phone), following up until resolution, and communicating updates to taxpayers. Direct Reporting• I supervise and mange dedicated team of tax profession and facilitation officer in different office for implantation of taxationTraining on implementation of Taxation [VAT]• I have conducted multiple training session on vale added taxation in different chamber of commerce, Tax bar association and taxpayers Show less