Muhammad Waqar (AFA)

Experience

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  Pakistan Business Consultants

  Sept 2019 - Oct 2022

  Accounting Team Lead

  Recording, Managing & Keeping record of Books of Accounts from invoice generation to filing of relevant returns of Various Clients in MS-EXCEL, QuickBooks Online & Manager Accounting Software and supervising all transactions according to tax planning’s.Maintaining Detailed ledgers of all Customers & Vendors separately for Receivables & Payables, WHT Register, Input Output register.− Managing Sales tax returns, Income tax Returns u/s 149 & 165 Creating Tax Invoices summary on monthly basis u/s 153-1(a)(b)(c), Creating PSIDs, loading CPRs & submitting the same in relevant portals.− Preparing Monthly, Quarterly & Annual Financial Reports according to Client's Requirement for tracing of sales, receivables, payables, WHT reconciliation according to budgeted financial plans.− Preparing Annual Returns of Salaried Individuals & AOPs− Preparing Annual Financial Statements according to IAS. Show less

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  Think Biz Management Consultancies

  Oct 2022 - Mar 2023

  Accounts Consultant

  Providing Back Office Support from Recording, Managing & Keeping record of Books of Account to Preparation of Financial Statements of Various Clients.- Establishment of Client’s Charts of Accounts, Reconciliation of Old data, Migration of data from old system to Zoho books or Quickbooks Online.- Accounts Automation, Transmission of Record keeping from traditional practices to Automated Accounting software like Zoho, Quickbooks and/or Formulated Dashboards of Google Sheets.- Reconciliation of data provided with Cash & Bank records, Performance of Internal Audit procedures to ensure Data accuracy.- Preparation of Various kind of Reports on Weekly, Monthly, Quarterly, Annually and/or on Demand On purpose reports according to Client needs. Show less

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  Aspire92

  Mar 2023 - now

  Tax Officer

  - Processing and analyzing tax returns, including Form 1040 (individuals), Form 1120S (S Corporations), Form 1120 (C Corporations), and Form 1065 (partnerships and LLCs).- Handling Employee Retention Credits (ERC) applications and ensuring compliance with ERC guidelines.- Managing estimated tax payments and providing guidance to taxpayers on payment schedules and compliance requirements.