Ikhteraz Khan ACCA Actively Looking For New Opportunities

Experience

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  Tari Ayub Anwer & Co charted accountant

  Jun 2009 - Dec 2010

  Auditor

  Understanding nature of business environment and business cycle of client. Audit planning, assessing the risks, managing the audit team, completion of work within allocated time. Applying test of controls/substantive tests on fixed assets, debts, leases, receivables and payables, inventory, revenue, employee compensation. Maintenance of books of accounts, general ledger,receivables,payables, reconciliations,payroll,inventory management, fixed asset management, handling LC’s and LC document verifications, closing of trial balance.Preparing financials (includes Balance Sheet, Income Statement, Changes in Equity, Cash Flow) and finalizing accounts in accordance with IFRS and IAS.Preparation of budgets, forecasts and projections of accounts. Preparation of feasibility reports, MIS Reports and Auditing of establishments including statutory audit and internal audit.Preparing analytical analysis (Ratio Analysis) – Profitability, liquidity, efficiency, debt management ratios and aging analysis.Through understanding and practical exposure of IAS/IFRS. Show less

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  Rafaqat baber and co charted accountants

  Jan 2011 - Oct 2012

  Auditor

   Test assumptions against historical performance and other financial ratios  Assist in the preparation of quarterly dynamic forecasts, based on actual performance of each department, by evaluating historical trends and ensure the forecast reflects the correct assumptions  Source and collate relevant information to be incorporated into the quarterly forecast data  Analyze divisional forecast requests and make recommendations for approval or modifications  Respond to queries from divisions regarding forecast related problems and promptly offer solutions to emerging problems  Contribute to the evaluation of management accounting systems, procedures and practices and make appropriate recommendations for modifications and improvements  Prepare financial statements and forecast financial statements  Undertake financial evaluations and projections for identified projects  Assist with year-end audit and statutory and regulatory returns to ensure compliance with relevant legislative and regulatory requirements • Payroll operation,• Specific business risk management,• Capital project management • Internal audit • Sub-contract management • Managing Receivables and Payables • Submission of Tax returns Show less

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  FRIENDSHIP HALL ESTABLISHMENT.

  Nov 2012 - now

  Accountant Manager

  • Performed general office duties and administrative tasks.• Prepared weekly confidential sales reports for presentation to management.• Managed accounts payable, accounts receivable, and payroll departments.• Generated budgets and forecasts on a quarterly basis and presented to the management team.• Reported on variances in quarterly costing reports.• Prepared annual company accounts and reports.• Administered online banking functions.• Monitored and recorded company expenses.• Managing Payables and Receivables.• Preparation of Monthly payroll and Liaison with respective bank for salary transfers.• Preparation of Financial statements as per IAS (International Accounting Standard) and IFRS (International Financial Reporting Standard).• Risk Analysis and formulation of methodologies to mitigate risk• Project management • Revising Business Strategies for Friendship Hall Est. and cost minimization techniques• preparation of quarterly dynamic forecasts, based on actual performance of each department, by evaluating historical trends and ensure the forecast reflects the correct assumptions• preparing all the invoices for the clients companies• Preparation of daily weekly and monthly quotation for renting of our equipments to the clients.Preparing daily work report and Reconciliation of all the time sheet with daily work report.• Booked daily transactions in Co Management System software.• Maintained petty cash transactions.• Prepared Bank Reconciliations in MS Excel.• Prepared Salary Sheets.• Handled transactions with Bank.• Prepared Aged debtors and creditors analysis Show less