Saima Jamil Usmani

Experience

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  Nexia International- Riaz Ahmed and Company Chartered Accountants

  Jan 2004 - Mar 2008

  Articlesship

  Riaz Ahmed & Company, Chartered Accountants was established in 1956. The firm is now a strong and independent accounting and consultancy practice in Pakistan. The firm was previously affiliated with Saffery Champness International (SC International) and now NEXIA INTERNATIONAL and has its head office at Lahore and other offices are in Faisalabad, Islamabad and Karachi. Audits Minutiae:I have conducted and finalized variety of assignments of external audit, internal audit, statutory & special audit and financial consultancies of the following organizations during my article ships. EXTERNAL AUDITSFinancial Sector  MCB Bank Limited. Public Sector Organizations  State Life Insurance Corporation of PakistanPrivate Sector Organizations  Askari Guards Private Limited Loot publications (Private) limitedSocial Sector  Pakistan Institute of Environment Development Action Research National Environmental Trust Population Welfare Teen Challenge Of Pakistan Fauji Foundation Hospital Rawalpindi Al- Shifa Trust Eye Hospital Rawalpindi Shifa FoundationSpecial/ provident fund Audits  Income and expenditure statement of Pakistan- China High Level Energy Forum- Pakistan Tourism Development Corporation – Provident fund Fauji Fertilizer Bin Qasim Limited¬¬ – Provident and Gratuity funds Foundation University – Provident fund. INTERNAL AUDITS Public Sector Organizations  Internal audit for the four years of Pakistan Software Export Board Pakistan Television Corporation Limited REVIEW AND ANALYSIS Manufacturing And Trading Concern  Financial review and analysis of interim financial statements of Kohinoor Textiles Mills Ltd. Show less

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  Southern Travels Pvt. Ltd.

  Jul 2008 - Aug 2008

  Senior Finance Executive

  • SV reconciliation• Submission of Income tax• Filing of documents to SECP• Bank Reconciliation

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  Sungi Development Foundation

  Aug 2008 - Aug 2012

  • Balance Reconciliation vendors, customers• Monitoring Tax affairs• Monitoring payments and receipts, invoicing delivery challans etc• Reporting and analysis balance sheet, profit and loss. • Balance Reconciliation vendors, customers• Monitoring Tax affairs• Monitoring payments and receipts, invoicing delivery challans etc• Reporting and analysis balance sheet, profit and loss.

  • Finance Officer

    Jan 2010 - Aug 2012

  • Assistant Finance Officer

    Aug 2008 - Dec 2009
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  Eterna International (pvt) ltd

  Sept 2012 - Oct 2012

  Manager Finance

  • Balance Reconciliation vendors, customers• Monitoring Tax affairs• Monitoring payments and receipts, invoicing delivery challans etc• Reporting and analysis balance sheet, profit and loss.• Supervise all the departments i.e invoicing, sales, etc

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  Sungi Development Foundation

  Feb 2013 - Feb 2017

  -Reportings-Reconciliations-Controls-Budgeting • Financial records like vouchers & handling cash• Bank dealing • Bank reconciliation, payroll, Fund Management, Audit, Budgeting, Income Tax & returns.• Donors Reporting• Audit• Administrative concerns (Ticketing, Boarding and lodging, leave records, Events mgt, Procurement etc • Human Resource Management & Development Concerns • Financial records like vouchers & handling cash• Bank dealing • Bank reconciliation, payroll, Fund Management, Audit, Budgeting, Income Tax & returns.• Donors Reporting• Audit• Administrative concerns (Ticketing, Boarding and lodging, leave records, Events mgt, Procurements, etc• Human Resource Management & Development Concerns • Balance Reconciliation vendors, customers• Monitoring Tax affairs• Monitoring payments and receipts, invoicing delivery challans etc• Reporting and analysis balance sheet, profit and loss.

  • Deputy Manager Finance

    Mar 2015 - Feb 2017

  • Deputy Manager Finance

    Mar 2015 - Feb 2017

  • Assistant Manager Finance

    Mar 2014 - Feb 2015

  • Finance and Admin officer

    Feb 2013 - Feb 2014
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  Hashoo Hunar

  Jul 2018 - Jun 2019

  Finance Officer

   Checking payment vouchers and resolving discrepancies Preparing Journal Vouchers related to payments and monitoring the timely disbursement of funds. Monitoring and ageing of Payables. Settlement of petty cash in a timely manner. Checking bank and cash receipt vouchers and resolving discrepancies. Monitoring timely deposits in bank accounts. Monitoring and ageing of Receivables. Preparing bank reconciliations statements of the project. To support in Tax related matters, deduction & submission of Tax documents. Payroll checking and preparing reconciliations. Reconciliation of Grants of projects. Coordination for Audit of project. Preparation of Financial reports for Donor Agencies. Extending support to program staff for preparing budgets and assisting Manager Finance with preparation of budget. Booking of Project monthly invoices. Coordination with All Project properties payable department for the timely release of payments. Any other duty assigned by the supervisor. Show less

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  Pak Mission Society

  Jun 2019 - Dec 2019

  Internal Controls and Audit Manager

  Overall In-charge of Internal Audit matters Approve and supervise the responsibilities and duties of Internal Audit Department PersonnelImplement appropriate internal controls Ensure compliance of financial and non-financial transactions of Pak Mission SocietyEnsure Compliance with all the legal, tax and corporate matters and other Govt. compliances. Ensuring constant review of policies and procedures and communicating suggested changes to the Executive Director Ensure the compliance with procurement, admin, fleet, HR, finance, programme and MEAL procedures applied through respective manual and physical verification as appropriate.Ensure fixed assets are properly recorded and coded and physically verified. Issue the quarterly internal audit reports to the Executive DirectorIssue the Annual Internal Audit Report to the Executive DirectorMonitor budget consumption of every department of PMS and report its varianceEnsure proper approvals of variance of budget consumptionVetting of financial vouchers, purchase request and payment release requestAttend meeting of committesResponsible for the administration of the Internal Audit Department, time management, prioritization of tasks, preparing budgets and staffs appraisal.Monitor and follow-up the measures taken by the management in response of the recommendation given in the internal audit report.Ensure timely and effective reporting from Projects.Perform the audit procedures to monitor the Project’s performance at various stages of activities.Verify the documentation and recording of all procedures and steps with the supporting evidence of projects..Monitor the budget consumption of every projectsEnsure proper approvals in case of variance from competent authority and donors if applicable.Conduct the special investigation assignment after duly instructed by the Executive Director.Coordination with external auditor Show less

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  Oxfam

  Jan 2020 - Apr 2022

  Finance Coordinator

  KEY RESPONSIBILITIES • Understanding of projects detailed work plans budgeted activities and participation in the relevant project meetings (design, inception, inductions etc.) • Participate/conduct due diligence process for all the new organizations /existing partners annually or as required. • Support the relevant programme / project focal person in the budget preparation and re-appropriations, exchange gain/loss calculations and ensure correct budget allocation in system (OPAL) and support program teams in updating the phasing regularly. • Prepare the term of reference for Audits as required. Support preparation and successful conclusion of internal and external auditing activities for the respective projects in the thematic pillar and donor audit reporting. • Evaluates the adequacy of controls and existing processes and procedures in Partner’s financial systems and makes recommendations as appropriate and necessary or as requested by Finance Manager. • Ensure all (assigned/thematic pillar) contracts and projects are properly closed as per OXFAM guidelines. • Represent in consultancy services / procurement meetings as procurement committee member as and when required.• Keep up to date record of current partners, financial monitoring visits performed and reports are closed after discussions and debrief to partner’s management.• Reviews the balance sheet accounts for accruals booked for grant payments and timely submission of the complete documents to release the payment• Ensures the partnership part of year-end pack is in accordance with Oxfam guidelines.• To provide relevant and timely financial information relating to the Programs to program managers. • Ensure quality donor reports are prepared, reviewed and submitted to the respective donors as per OXFAM protocols and donor guidelines. Show less

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  Oxfam Pakistan

  Apr 2022 - Aug 2023

  System Compliance & Grants Coordinator
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  Oxfam

  Dec 2022 - now

  • Finance Manager

    Aug 2023 - now

  • Interim Finance Manager

    Dec 2022 - Aug 2023