Partab Raj

Experience

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  Marie Adelaide Leprosy Center - MALC

  Mar 2008 - Nov 2009

  Senior Accounts Assistant

  Assist in preparing Financial Reporting on Quarterly basisPrepare Project wise consolidated Receipts and Payments Statement on a semi annual basisCorrespondence with the Provincial Offices on imprest related issues on monthly basisReconcile the imprest fund balances and prepare annual schedule report of reconciled balances on monthly basisAssist in preparation of Audit Schedules and annual budget on annual basis

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  Reco Commodities Private Limited

  Nov 2009 - Apr 2013

  Assistant Manager Accounts

  Preparation of Financial Position (Financial Statement) Report on semi annual basis and annual basis for Audit and Management Reporting basisProcessing of payroll system on monthly basisPreparation and monitoring of Expenditure Reports on a monthly basisPreparation of Cash Flow Statements and Working CapitalPreparation of Budget Statement Liaison with bankers, Income Tax Consultants, Insurance Companies, and Client etc.Staff loans and advancesFilling of annual income tax return and company’s return for Federal Board of Revenue and Securities and Exchange Commission of PakistanAnd All other Finance and accounts related job Show less

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  Zara Mobility Services

  May 2014 - Jan 2015

  Finance Manager

  Revenue Computation:• Calculate and track revenue from various sources, such as product sales, services, investments, and other income streams.• Ensure accurate recording of revenue in compliance with accounting standards and regulations.• Monitor changes in revenue patterns and identify any discrepancies or irregularities.Supplier Payments:• Oversee the payment process to suppliers and vendors.• Ensure that payments are made in a timely manner while optimizing cash flow.• Verify and approve invoices for accuracy and authenticity.• Negotiate payment terms and discounts with suppliers when appropriate.Assets Management:• Manage the company's assets, including property, equipment, and investments.• Develop and implement asset tracking and depreciation schedules.• Make strategic decisions regarding asset acquisition, maintenance, and disposal.Different Sources of Revenue Reporting:• Analyze revenue streams from various sources (e.g., product sales, subscription services, licensing) to identify trends and opportunities.• Prepare reports that break down revenue by source, region, product/service, or any relevant segmentation.• Provide insights into the performance of each revenue source and make recommendations for improvement.Financial Reporting:• Prepare and distribute accurate financial statements, including balance sheets, income statements, and cash flow statements.• Ensure compliance with accounting standards (e.g., GAAP, IFRS) and regulatory requirements.• Communicate financial results to internal stakeholders, such as executives and department heads.Financial Analysis:• Conduct financial analysis to assess the company's performance, profitability, and financial health.• Identify key financial metrics and KPIs to measure and track performance.• Provide insights and recommendations based on financial analysis to support strategic decision-making. Show less

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  M. M. Merchant & Co.

  Apr 2015 - Mar 2017

  Report to Firm Partner

  Preparing Replies to FBR Notices (Income Tax and Sales Tax):• I used to draft responses to notices issued by the Federal Board of Revenue related to income tax return monitoring, income tax return audits, and sales tax issues. These responses likely include providing explanations, documentation, and supporting evidence as required.Preparing Appeal Documents:• I used to assist in preparing appeal documents under the guidance of firm's partners. These documents are used to appeal cases to various authorities, including the honorable High Court of Sindh, the Appellate Tribunal Inland Revenue Authorities, and the Commissioner of Appeal. These appeals could pertain to tax disputes or other related matters.Income Tax Return Preparation:• I used to prepare income tax returns for comapany’s clients on an annual basis. This involves gathering financial information, calculating tax liabilities, and ensuring compliance with tax regulations.E-filing Statutory Obligatory Forms (Companies Ordinance):• I used to handle the electronic filing of statutory obligatory forms for clients, which are likely related to the Companies Ordinance. This may include filings with the Securities and Exchange Commission of Pakistan (SECP) and (NIFT) platform.Monthly E-filing of Income Tax Withholding and Sales Tax Returns:• You oversee the monthly e-filing process for income tax withholding statements and sales tax returns. This involves ensuring that the necessary forms and data are submitted accurately and on time.my role appeared to be crucial in ensuring that the clients remain compliant with tax and regulatory requirements in Pakistan. It involves a combination of legal, financial, and administrative tasks to navigate the complex taxation landscape in the country. Additionally, my work help clients address tax-related challenges and disputes through appeals and other legal processes. Show less

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  HRS LLC

  May 2017 - now

  Finance Lead

  Preparing Profit and Loss Statements: I used to prepare regular profit and loss statements, which are financial documents that summarize the revenues, costs, and expenses incurred by a business during a specific period, typically on a weekly and monthly basis. These statements are crucial for assessing the financial health and performance of the company.Managing Inventory Management System: I used to handled the company's inventory management system, which involves tracking and controlling the flow of goods and products in and out of the business. Efficient inventory management helps ensure that the right amount of stock is available to meet customer demand while minimizing excess or obsolete inventory.Maintaining Customer Relationship Management (CRM): I used to maintain the CRM system, which is a technology tool used to manage and analyze interactions with customers and potential customers. This includes storing customer information, tracking communications, and using the data to improve customer relationships and sales efforts.Periodically Researching Vendors: Part of my role involved conducting research to identify and evaluate potential vendors or suppliers for the company. This is essential for finding reliable sources of products or services that meet the company's needs while also considering factors like cost, quality, and reliability.Maintaining Vendor Payments: I used to be responsible for the payment process for vendors, ensuring that invoices were processed and paid in a timely manner. Effective management of vendor payments is crucial for maintaining good relationships with suppliers and avoiding late payment penalties. Show less