Muhammad Farrukh Sarwar

Muhammad Farrukh Sarwar

Accounts Officer

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location of Muhammad Farrukh SarwarKarāchi, Sindh, Pakistan

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  • Timeline

  • About me

    Finance professional with 17 years' experience looking forward for a new challenge.

  • Education

    • ACCA, UK

      2010 - 2014
      ACCA Chartered Accountancy

      Knowledge Module QualifiedSkills Module Part Qualified

    • Sindh Board of Technical Education

      2001 - 2001
      Diploma in Information Technology Information Technology
    • University of Sindh

      2001 - 2003
      Bachelors of Commerce (B.Com) Accounting & Commerce 3.39 CGPA
    • University of Sindh

      2003 - 2005
      MBA Finance CGPA 3.33

      Activities and Societies: 6 weeks’ internship at National Bank of Pakistan 6 weeks’ internship at EFU Life (Pvt) Ltd.

    • University of Sindh

      2004 - 2005
      Master of Business Administration - MBA Accounting and Finance 3.33/4.0
    • University of Sindh

      2004 - 2005
      Master of Business Administration - MBA Finance and Financial Management Services CGPA 3.33
  • Experience

    • Emirates Telecom Pvt. Ltd.

      Jan 2006 - May 2006
      Accounts Officer

      Worked as Accounts Officer in franchise of cell phone distribution company at Hyderabad. Major responsibilities included preparation and maintenance of all accounts and records, inventory management, liaising with principal, bank account maintenance, online banking, bank reconciliation, managing sales staff and their salary disbursement.

    • Karachi Electric Supply Company Ltd.

      May 2006 - Nov 2012

      Looked after financial aspects of Fleet Management department from Sep, 2010 to Nov, 2012. Major responsibilities include verification & monitoring payables, preparation & monitoring Capex and Revex Budget and reporting variance analysis.Worked as project commercial controller of 08 large transmission projects and civil contracts from Jan, 2008 to Sep, 2010. Major responsibilities included verification of payables, preparation and monitoring of projects’ and departmental budget, preparation and maintenance of cash flows for projects, ensure proper recording & capitalization, inventory management, projects’ reporting and civil contracts’ evaluation and commercial vetting. Show less

      • Assistant Manager - Finance & Business Administration

        Jan 2008 - Nov 2012
      • Assistant Manager Finance & Business Administration

        May 2006 - Nov 2012
      • Jr. Officer - Corporate & Strategic Planning

        May 2006 - Jan 2008
    • Indus University

      Feb 2014 - Jun 2014
      Accounts Assistant

      Responsibilities included bank reconciliation, fee ledger reconciliation, ensuring proper recording to the right heads of accounts in the software and verifying fee ledger of degree applicants.

    • PPHI Sindh

      Jun 2014 - Aug 2024
      Executive Finance & Admin

      Currently posted at Head Office, Karachi since March, 2016. Responsibilities include management of endowment funds, keeping record of grants and pursue for grants, initiating process for investment / re-investment, bank reconciliations, checking recording of bank charges & profits and liaising with banks in case of any discrepancy, preparing and record keeping of inter & intra transfers, funds transfers to districts, issuing debit & credit notes to districts, online EOBI payment and e-filing of WHT returns.Worked as Executive Finance & Admin., at District Sanghar from June, 2014 to March, 2016, responsible for financial management and administration of district head quarter and 90 Health Facilities (including 52 Basic Health Units, 06x 24 hours Maternal & Child Care Health Centers, 06 District Council Dispensaries and 19 Govt. Dispensaries), 03 Diagnostic Laboratories and 02 Ambulances across the district. Responsibilities include budgeting, budget monitoring, payables management and controlling, disbursement of payments, running payroll and salary disbursement, bank reconciliation, preparation of final accounts, procurement of medicine and other supplies, ensure timely and uninterrupted supply of medicine & other supplies, inventory reconciliation and check & balance upon medicine warehouse with a annual budget of 60 million, reporting to Region Office and Head Office, liaising with local vendors, pharmaceutical companies & distributors, internal as well as external auditors and looking after all HR & admin related matters. Show less

    • Sindh Social Protection Authority, Government of Sindh

      Apr 2024 - now
      Manager Finance

      Responsibilities include budgeting, budget monitoring, payables management and controlling, disbursement of payments, payroll and salary disbursement, bank reconciliation, management reporting to Finance Dept., Govt. of Sindh and World Bank.

  • Licenses & Certifications

    • DIT

      IMSAH
      Dec 2001
  • Honors & Awards

    • Awarded to Muhammad Farrukh Sarwar
      Achievements - Successful closing and capitalization of 02 transmission projects.
    • Awarded to Muhammad Farrukh Sarwar
      Achievements - Successful part capitalization of 04 transmission projects.
    • Awarded to Muhammad Farrukh Sarwar
      Achievements - Prepared Capex Budget of 08 number transmission projects for FY 2008-09, 2009-10 and 2010-11.
    • Awarded to Muhammad Farrukh Sarwar
      Achievements - E-filed 10 months' pending monthly statements of WHT u/s. 165 for the FY 2015-16 pertaining to Head Office.
    • Awarded to Muhammad Farrukh Sarwar
      Achievements - Successfully submitted pending Annual Returns for the FY 2014-15 of WHT, deducted against Salaries and Non-Salary expenditures, of the company.
    • Awarded to Muhammad Farrukh Sarwar
      Achievements - Saved Rs. 20 million from approved budget for the FY 2014-15 amounting to Rs. 205 million.
    • Awarded to Muhammad Farrukh Sarwar
      Achievements - Saved Rs. 46.2 million from approved budget for the FY 2015-16 amounting to Rs. 246.5 million.
    • Awarded to Muhammad Farrukh Sarwar
      Achievements -  Reconciled inventory record of all large projects, got the same uploaded on ERP in order to avoid leakages.
    • Awarded to Muhammad Farrukh Sarwar
      Achievements -  Got manual record of fuel cards be uploaded on SAP and get bogus/duplicate cards blocked.
    • Awarded to Muhammad Farrukh Sarwar
      Achievements -  Payment to vendor for hired vehicles curtailed down from Rs. 19 million to Rs. 300k against Lease – Hired project.
    • Awarded to Muhammad Farrukh Sarwar
      Achievements - Solely responsible for procurement of office equipments on SAP - MM module from initiating Purchase Requisition to preparation of Goods Receipt Memo and Service Entry Sheet.
    • Awarded to Muhammad Farrukh Sarwar
      Achievements -  Reconciled inventory record of Fleet department, got the same uploaded on ERP in order to avoid leakages.
  • Volunteer Experience

    • HSEQ (Health, Safety, Environment & Quality) Warden

      Issued by KESC Ltd. on Jan 2008
      KESC Ltd.Associated with Muhammad Farrukh Sarwar
    • Volunteer Member

      Issued by HURRY on Jan 1999
      HURRYAssociated with Muhammad Farrukh Sarwar