Iftikhar Sultan

Experience

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  Marriott Hotels

  Jul 2018 - Sept 2018

  ACCA Traniee

  At Marriott hotel Islamabad in performing below role as Finance Trainee in accounts payable department I gained extensive experience of: - Grip on Payables in reference to preparation of cheques.- Providing tax deduction certificates to suppliers and employees. - Follow-up of Audit confirmations of legal, related parties, receivables, payables and advances

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  Nadeem safdar and co chartered accountants

  Sept 2018 - Jun 2019

  Senior Audit Associate

  At Nadeem Safdar & Co,In performing above role I gained extensive experience of: - Planning, execution and completion of audit/ attestation and general business advisory services assignments.- Review of internal control procedures to ensure adherence to management policies and control requirements and to suggest improvements- Assisting in carrying out quality audit and other assurance services to clients in multiple industries mainly in-service organization i.e Shifa tameer-e Miliat University Islamabad.- Assist in-charge in obtaining all necessary audit working papers and documentation including researching and documenting facts and findings.- Identify and communicate accounting and auditing matters to managers and partners- Identify performance improvement opportunities- Interact with clients to help ensure that the information flow from the client to the audit team is efficient- Preparing audit work papers using Audit tools- Supervision and review of work of subordinate staff. Show less

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  Hashoo Group

  Jul 2019 - Oct 2020

  ACCA/ICEAW Articles

  My experience related to working in Finance division of PSL Accounts/Finance department reporting to DF.- Compile and analyze financial information received from Properties (Hotels) to prepare financial statements including monthly, quarterly and annual accounts.- Assistance in preparation, interpretation & finalization of annual/ interim accounts of parent and subsidiaries companies in accordance with the International Financial Reporting Standards, and compliance with the Companies Ordinance 2017.- Preparation of management accounts on monthly basis and internal financial reports and performance analysis of Company and its hotels.- Ensure that all financial reporting deadlines are met and accurate and timely monthly, quarterly and year end closing has been carried out.- Maintaining fixed assets register from all aspects in existing accounting software “Oracle” and ensure periodic reconciliation of the physical assets with the accounting records.- Coordination with external auditors to conduct the statuary audit/ half yearly review of financial statements of the Company- Posting of transactions in the system.- Maintaining and recording of current account with hotels, sub-divisions of Company and their reconciliation on monthly basis for closing of books.- Resolve accounting discrepancies and irregularities incurred while recording of entries.- Preparation of various ad hoc reports required by the management.- Maintenance and filling of record and documents. Show less

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  PwC

  Oct 2020 - Jan 2022

  Accounts Receivable Specialist

  - Managing Accounts Receivables of firm while daily and weekly Reporting to all partners.- Responsible for All Billing/Invoice Recording of Firm and daily weekly reporting to Partners and Resolve All Matters Regarding Billing with Both Internally with Departments and Clients.- Preparing Monthly bank reconciliations cash flow statement for monthly accounts. - Also Responsible for monthly Sales Tax Return Filing to All Relevant Authorities- Review of month end credit report and revenue analysis.- Assisting manager accounts in preparation of Reporting Package.- Considering Fixed Assets Recognition and disposal as per IAS’s. - Preparing various reports on Fixed Assets on need basis. Show less

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  Hashoo Group

  Jan 2022 - Jan 2024

  Internal Auditor

  - Performing audit function at the assigned property on continuous basis. - Gather and review information on the business to be reviewed and identify key risks and challenges.- Developed and implemented risk-based audit strategy in accordance with the Standards for the Professional Practice of Internal Auditing, guidelines, and best practices.- Planned and executed audits that ensured all hospitality systems and business processes are controlled and protected.- Organized and conducted internal compliance and security audits at multiple office locations in group portfolio.- Observed, analyzed, and reported operational and management processes and prepared audit report on key findings and recommendations to respective property management on inefficiencies in the processes tested.- Annual and quarterly review of regulatory compliance for related party transactions as per accounting standards. Show less

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  HNGC CONTRACTING CO.

  Sept 2024 - now

  Chief Accountant