Md. Mahfuzul Hoque CA

Experience

• 

  Rahman Rahman Huq (KPMG Bangladesh)

  Oct 2010 - Jan 2016

  • Responsible for preparing advisory report covering following topics for foreign potential investors/overseas KPMG firms (through Multi-firm engagement):- Entity (Company/Branch/Liaison Office) set up procedures as per Companies Act.- Remittance of royalty, dividend, interest, technical know-how fees etc. as per Foreign Exchange Regulation guideline of Central Bank and its withholding tax impact based on Tax Treaty and local tax laws and VAT/GST impact according to VAT Act.- Any other topic based on clients’ query.• Led a team of 5+ staffs in supervising Corporate Tax Compliance and retainer services• Sat with clients and attended conference calls to understand queries for providing advices• Involved in preparation of Tax Handbook following enactment of Finance Act every year • Responsible for obtaining Sentinel Approval Number (SAN), Client Evaluation & Engagement Evaluation and preparation of Service Proposal and Engagement letter• Examined file documentation and faced “Quality Performance Review” (QPR) by KPMG reviewer on selected engagements of Advisory and Corporate Tax Compliance services. • Responsible for preparation of monthly GST/VAT return, corporate income tax return and filing to tax office along with required documents.• Attended hearing before tax official on behalf of clients and execution of appeals against the order of Tax authorities upon preparation of grounds along with write-up comprehending the orders of tax authority. Show less • Assessed audit risk to apprise audit engagement team through understanding client’s business.• Coached and monitored junior audit staff members in preparing planning analytics and determining materiality through kick off audit field work.• Led field audit team to apply KPMG's audit methodology (KAM) and accounting practices.• Performed analysis of complex accounting issues including financial statements analysis.• Reviewed draft financial statements and assisted in preparing final analytical review. • Developed and maintained relationships with clients for a high-value mark for the firm.• Assisted Managers and kept updated Partner on audit field work progress. • Responsible for obtaining Sentinel Approval Number (SAN), preformed Client Evaluation & Engagement Evaluation and preparation of Service Proposal and Engagement letter Show less • Responsible for leading and managing teams (3 to 8 members) for audit completion through developing audit strategy following KPMG Audit Methodology (KAM) and run e-Audit [major clients dealing with “Consumer & Industrial products”]• Prepared working files with Final Analytics for review by Manager and Partner including by KPMG Quality Performance Reviewer (QPR).• Completed annual group reporting package to overseas KPMG firm including other ‘Big 4’ firms • Advised clients on appropriate accounting treatment for complex transactions upon consulting Manager and due research of KPMG resources including IFRS Insights.• Gained invaluable knowledge of KPMG resources e.g. KPMG Insights, KAM, e-Audit and International Standards on Auditing (ISA). Show less

  • Assistant Manager, Tax & Advisory Services

    Feb 2015 - Jan 2016

  • Supervisor, Audit & Advisory services

    Dec 2013 - Feb 2015

  • Audit Assistant, Audit In-charge

    Oct 2010 - Nov 2013
• 

  ACI Limited

  Jan 2016 - Aug 2019

  Financial Reporting Manager

  • Prepare separate financial statements for ACI Limited and consolidated financial statements for ACI Group.• Facilitate external auditors (KPMG Bangladesh) and accomplish annual audit.• Supervise SBU’s accountants for preparing quarterly and yearly financial statements.• Incorporate charts and diagrams including various information required for Annual report; closely monitor annual report publication and review machine proof copy for error-free printing. • Compile the monthly accounts of all SBUs and present the consolidated financial reports on a monthly basis.• Manage processes for financial forecasting of SBUs and consolidation along with the calculation of “EPS” for ACI Ltd. and Group.• Monitors financial performances of SBUs by measuring and analysing results; initiating corrective actions; minimizing the impact of variances, identify improvement areas to address for better profitability and cost control. • Assist to prepare product profitability report with traceable promotional cost and sample expenses.• Report status of inventory and trade receivable for efficient management of working capital and communicating actual and expected financial targets.• Liaise with Business Heads for potential opportunities for revenue generation through the promotional campaign, improve product profitability mix to meet bottom-line objectives.• Prepare Management Discussion & Analysis (MD&A) to present in quarterly Board meetings.• Review tax provision and tax assessment status. Show less

• 

  MABS & J Partners - A member firm of Nexia International

  Sept 2019 - Jan 2020

  Senior Role

  • Responsible for Audit, Tax and Advisory functions;[on leave for study and overseas visit From 1 February 2020 to 1 May 2022]

• 

  QUT (Queensland University of Technology)

  Feb 2020 - Mar 2022

  Masters (by Research) at the School of Accountancy

  Thesis on "Microfinance challenges and the potential benefits of blockchain technology and mobile money". An eprint record for this work is - https://eprints.qut.edu.au/248191/Also at - https://www.sciencedirect.com/science/article/abs/pii/S0040162524001963?via%3Dihub

• 

  Deloitte

  Sept 2021 - now

  Experienced Analyst