Areeb Shujaat

Experience

• 

  Sapphire Pharmaceuticals

  Mar 2006 - Sept 2006

  General Ledger Bookkeeper

  • Invoicing & recording revenue on accrual basis;• Classifying expenses as capital or revenue, and posting them to the relevant accounts;• Maintaining receivable, payable and general ledgers;• Generating Receivables Aging and Payable Aging reports;• Preparing payroll• Preparing bank reconciliation statements;• Providing information to the business's tax consultant

• 

  Afflatus Ally

  Oct 2006 - May 2008

  Accountant; Bookkeeper

  * accurately maintained general ledger and posted journal entries;* Invoicing and recording sales on accrual basis;* preparing payments and posting to the expense accounts;* Preparing payroll and recording wages;* Timely Bank Reconciliation;* recording bank loans on balance sheet;* maintaining fixed asset register and calculating depreciation;* adjusting shareholders equity and recording dividend payments;* Closing the books monthly;

• 

  Muniff Ziauddin & Co. Chartered Accountants

  Jun 2008 - Nov 2009

  Senior Auditor

  • Thoroughly planned audits, performed effective analytical reviews, executed audit fieldwork, collected audit evidence, and evaluated internal controls;• Evaluated the compliance of clients with SEC’s Code of Corporate Governance;• Performed statutory audits, internal audits, VFM audits and forensic audits;• Provided recommendations on change of accounting policies and estimates;• Audited clients in the asset management, mutual funds, trading, and investment banking sectors

• 

  CreARTivite Ltd.

  Jan 2010 - Dec 2012

  • Doubled the department’s output, increased repeat sales by 35% and reduced the number of revisions by 40%• Minimized the resources consumed by projects by 15% and shortened the completion time without compromising on quality;• Effectively managed writers and financial analysts by resolving conflicts and fostering departmental harmony;• Streamlined financial reporting and increased analytical accuracy in relation to IAS, IFRS and US GAAP;• Delivered analytical and financial reports to the clientele in United States, Canada, United Kingdom and Australia while taking into account local norms and regulations; Show less • Contributed to financial planning by preparing accurate financial projections and profit forecasts for the clients in US, Canada, U.K. and Australia;• Mitigated risk by performing sophisticated scenario-analyses of clients' profit forecasts and projected earnings;• Managed risks by timely interpreting financial ratios in the vertical and horizontal analyses;• Educated the clients by preparing detailed reports on funds accounting, internal auditing, financial management, risk management, investment analysis, IAS, IFRS, and US GAAP; Show less

  • Head Of Department - Finance Writing

    Mar 2012 - Dec 2012

  • Financial Analyst

    Jan 2010 - Feb 2012
• 

  First Dawood Investment Bank

  Jan 2013 - Jan 2015

  Head Of Internal Audit & Secretary Audit Committee

  • Designed comprehensive, internal controls around futures and options trading;• Improved ROI by streamlining the investment process;• Mitigated risk by improving the control environment and strengthening systems;• Traced evidence of receivables worth Rs. 42 million and saved the bank’s equity from write-off• Employed Macaulay Duration for calculating annualized return on Futures, which made investment appraisal and comparisons possible;• Designed accounting system and reporting mechanism for PSX’s Deliverable Future Contracts• Managed risk by ensuring compliance of investment quality and exposure levels to the internal policies;• Prepared educational reports on the performance of stock market and equity investments; Show less

• 

  Arthur Lawrence

  Feb 2015 - Mar 2015

  Senior Associate Advisory

  • Provision of consultancy - bookkeeping and financial management services - to the US, Canada, UK and Australia based clientele;• Served clients from multiple sectors, including IT, medical, pharmaceutical, law firms and eCommerce; • Streamlined bookkeeping systems on Quickbooks, QBO, Xero, Sage, Zohobooks, Netsuite and Freshbooks;

• 

  Accountron Financial Consulting

  Apr 2015 - now

  Founder

  At the strategic helm of Accountron, I ensure the provision of quality bookkeeping, financial analysis, financial management, business valuation, audit, due diligence and investment analysis services to the US, Canadian, U.K. and Australian clients.The organizational philosophy is to provide exceptional value-for-money by delivering high quality solutions. To make this happen, I am present at the front desks of operations, and review all the reports, models, and analyses personally.From manufacturing to service industries, and from profit to nonprofit sectors, Accountron has served clients from the IT, software development, NGO, vehicle tracking, restaurants, mutual funds, medical, pharmaceutical, education and legal niches.In this role, I do not instruct people. I guide and learn from them. For the brilliant workforce of Chartered Accountants, CPA's and financial analysts at Accountron, I am a mentor and their number one cheerleader! Show less

• 

  Dawood Equities Ltd

  Oct 2021 - now

  Non Executive Director