Pawan Kumar (ACCA)

Experience

• 

  Civil Avaition Authority of Pakistan

  Oct 2013 - Apr 2014

  Acca Management Trainee

  Deployment in Disbursement branchWorked on Oracle-Enterprise Resource Planning (ERP), a newly implemented accounting system within the authority includes preparing and recording invoices, Tax calculations of suppliers, making party Invoices & aging reports.

• 

  Sage Consulting Pvt Ltd

  May 2014 - May 2016

  Finance Officer

  • HCM (Human Resource Management) & web based ERP Software, named Hisaab.Pk, used with all Modules of Accounting.• Working on Final Accounts of Clients.• Look after all bank matters including bank reconciliation. • Prepare payroll and look after all matters regarding payroll.• Verify and post all vendors, utility and expense bills / invoices and update liability sheet on daily basis.• Prepare monthly inventory sheets including reconciliation.• Follow day-to-day financial and accounting activities to ensure proper classification and recording.• Filing / submitting monthly and annually income tax returns.• Handle financial statements including Trial Balance, Balance Sheet and Profit & Loss Accounts.• Income tax withholding monitoring.MAJOR CLIENT SERVEDSr. Client Name Nature of Services1 N.J Hanif & Sons Accounting Services2 Ali & Associates Payroll Services3 Sage Consulting Finalization of Accounts4 Junaidy shoaib & asad chartered accountants Invoicing & Accounts Show less

• 

  ATA FOOD PRIVATE LIMITED ( Pizza Max Pakistan)

  Jan 2019 - Mar 2022

  • Audits all exception transactions manually entered into HR systems (HR, Payroll, Benefits, Termination transactions) accurately and in a timely and confidential manner.• Produces monthly transactions workload reports that include HR Operations accuracy rate.• Prepare, process timely payroll in ERP of all staff, and liaison with HR regularly with staff-related matters.• Liaison with HR on regular basis on employee payroll or related matters.• Preparation and reconciliation of working/statements for income tax and sales tax filings.• Ensure timely tax payment and return filing to revenue authorities.• Assist in data archiving and compilation of reports for tax audit purposes.• Liaise with tax consultants and vendors on tax-related matters and issuance of WHT certificates.• Recording of all tax-related closing entries in ERP Oracle. • Reviewing invoices processed and ensuring all data is accurate. Approve invoices for posting to ERP and subsequent payment.• Investigate discrepant invoices and recommend actions to resolve.• Provide support to procurement team to ensure that timely processing and payments of vendor invoices. Show less

  • Assistant Manager Finance

    Jan 2020 - Mar 2022

  • Account Officer

    Jan 2019 - Dec 2019
• 

  Gamalux Oleochemicals Ltd

  Mar 2022 - now

  -Oversee and manage day-to-day accounting operations, including accounts receivable, accounts payable, general ledger maintenance, and financial reporting. Develop and implement accounting policies, procedures, and internal controls to ensure accuracy and compliance.-Prepare and analyze financial statements, reports, and budgets to provide insights to senior management for decision-making.-Coordinate and manage year-end financial audits and tax filings, ensuring timely completion and accuracy.-Ensured the accuracy and integrity of inventory records through monthly internal audits and physical inventory checks at the factory.-Navigated tax compliance through liaising with consultants, responding to income tax notices, and managing monthly sales tax returns.-Deeply evaluate manufacturing processes, including raw materials, labour, and overhead costs, to determine true product cost and potential areas for improvement.-Assisted in implementing enterprise resource planning (ERP) systems, working closely with the ERP team to ensure smooth and seamless integration.-Led monthly internal audits and physical inventory checks, ensuring the accuracy of inventory records. Prepared and analyzed monthly cost estimates, driving data-informed decision-making. Managed ERP execution and contributed to comprehensive MIS reports, achieving significant inventory accuracy and operational efficiency improvements.-Collaborate cross-functionally with other departments to streamline financial processes and enhance efficiency. Show less • Supervised the day-to-day accounting transactions, including the recording of financial transactions, preparation of financial statements, and reconciliation of accounts.• Liaise with external auditors to ensure that the company's financial statements were accurate and compliant with all applicable regulations.• Conducted monthly internal audits to identify and correct any accounting errors or irregularities.• Provided advice and implemented compliance with IAS, IFRS, and other regulatory requirements.• Visited the factory to review inventory levels and ensure that inventory was properly accounted for.• Liaise with tax consultants to ensure that the company was in compliance with all applicable tax laws and regulations.• Provided details in the reply to income tax notices.• Ensured tax compliance related to monthly sales tax returns.• Guided the team in the day-to-day performance of their jobs.• Authorized payment vouchers.• Prepared financial statements monthly, quarterly, and annually for management and external.• Assisted in the implementation of enterprise resource planning (ERP) systems, working closely with the ERP team to ensure smooth and seamless integration. Show less • Manage day-to-day accounting transaction• Liaison with external auditors• Conduction of monthly internal audits• Advice and implementation of compliance with IAS, IFRS, and other regulatory requirements. • Visits factory for inventory management. • Liaison with tax consultants and response to income tax notices. • Ensure tax compliances related to the monthly sales tax returns.• Guide team in the day-to-day performance of their job.• Authorize payment vouchers and invoices.• Compute sales over dues and send them to directors for holding deliveries.• Work on any task given by CFO.• Preparing financial statements monthly, quarterly, and annually for Auditors. and management.- Assisting in ERP implementation and liaison with the ERP team Show less

  • Manager Finance and Taxation

    Feb 2024 - now

  • Deputy Manager Finance and Taxation

    Jul 2022 - Jan 2024

  • Assistant Manager Finance and Taxation

    Mar 2022 - Jun 2022
• 

  ByNext

  Mar 2024 - now

  Financial Reporting Consultant

  -Conduct comprehensive reviews of ByNext's consolidated financial reporting practices to identifypotential areas for improvement.-Assess the accuracy and completeness of financial statements, including balance sheets, incomestatements, and cash flow statements.-Recommend corrective actions and best practices to enhance the overall quality and reliability of ourfinancial reporting.-Provide guidance on complex accounting issues and emerging trends to ensure accurate and consistentfinancial reporting.-Provide ongoing support and training to finance staff on the effective use of financial systems.-Stay updated on the latest financial reporting trends and best practices to ensure our team has the necessary expertise.-Collaborate with cross-functional teams on special projects related to financial reporting, such as mergers and acquisitions, due diligence, or financial restructuring.-Provide financial analysis and support for strategic initiatives and business decisions. Show less