Imran Sarwar - CPFA Affiliate, CPA, CTA, MBA

Experience

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  Y-Man Engineering Co Pvt Limited

  Nov 2001 - Feb 2002

  Assistant Accounts Officer

  Accounts, Payroll & Insurance

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  Fauji Fertilizer Bin Qaism Limited

  Apr 2002 - Jan 2022

  DIRECT AND INDIRECT TAXATIONResearched and analyzed tax developments and applications to specific business situations.Addressing tax queries of other departments.Gathering of information, statistics, and data to supporting budget proposals.Managing tax authorities and devising strategy for closure of tax audits.Stay orders management and ensuring timely compliance of notices and orders.Preparation of appeal documents for submission with Commissioner Appeals & Appellate Tribunal.Attended hearings for various tax issues pending with Commissioner Appeals & Appellate Tribunal.Filing of Writ Petitions with Islamabad High Court and get in touch with Lawyer for obtaining stay order.Liaison with tax consultants and devising strategy for tax notices and orders.Ensuring safety of funds in case of threat of attachments of bank accounts.Submission of Annual Employer Tax Statements and Annual Sales Tax Return on FBR Portal.Timely and accurate filing of income tax and sales tax returns and related provisional statements.Timely completion of audit and verification of sales tax refunds and follow up with FBR for release of refunds.Review and processing of weekly, monthly, and quarterly tax payments.Applying tax exemption under the double taxation treaties.Review and finalize the Subsidy Cases for Fertilizer Products.Meetings with FBR and Ministry of National Foods Officials regarding resolution of Subsidy Cases.Ensure smooth completion of subsidy audits.Processing tax credits of employees. PAYROLLReview and finalization of monthly payrolls.Ensure timely disbursement of salary.Calculations of taxes and ensure deduction of employee’s loans and other recoveries.Final settlement of accounts.Monthly reconciliation and scheduling. Show less FOREIGN PAYMENTSObtain management approvals for establishment of L/C’s, CAD or advance payments.Meticulously followed policies and laws while making payments to foreign vendors.Liaison with banks for timely establishment of L/C’s, CAD contract, issuance of bank / shipping guarantees and confirmation of advance payments.Coordination with clearing & forwarding team for clearance of consignments.Negotiation with Banks for their Commission Rates and Foreign Currency Remittance rates.Responsible for making schedules for month end, quarterly, half yearly and yearly accounts. Show less

  • Finance Executive - Direct and Indirect Taxation & Payroll

    Jan 2013 - Jan 2022

  • Senior Finance Officer - Fauji Fertilizer Bin Qasim Limited

    Apr 2005 - Dec 2012

  • Finance Officer - Fauji Fertilizer Bin Qasim Limited

    Apr 2002 - Mar 2005
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  Fauji Fertilizer Company (Formally FFBL)

  Jan 2025 - now

  Assistant Manager Finance

  PAYABLES MANAGEMENT (LOCAL SUPPLIES & IMPORTS)Disbursed and processed payables, verifying Income Tax and GST compliance and other important documentation.Reconciled and confirmed invoices with payments and purchase orders, verifying details for accuracy and effortlessly handling critical datasets and quantities.Utilized state-of-the-art accounting tools to record activities and keep up to date on taxable transactions.Ensure proper booking in SAP system with relevant supporting documents attachment.Review that invoices are duly approved as per authorization matrix and PPM.Meticulously followed policies and laws while making payment to vendors.Adhered to Company's' reporting deadlines with consistency and strategic task triage.Improved resource utilization with data management systems, reducing costs through strategic coordination and contract analysis.Enhanced internal control systems and procedures to mitigate risk and support opportunities.Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.SALES & DISTRIBUTION MANAGEMENTEnsure timely uploading of Sales Data in SAP on daily basis.Liaised with sales, marketing, and management teams to develop solutions and accomplish shared objectives.Supervise managing master data update in SAP such as customer master and prices etc.Coordinate with marketing teams for any differences / changes in prices, quantities and sales records. Show less