Waqar Haider

Experience

• 

  Naveed Zafar Ashfaq Jaffery and Co.

  Jul 2014 - Jan 2018

  Senior Audit Associate

  My achievements and responsibilities included:External audits1-Plan, lead and execute audits as per professional requirements.2-Assess business risks, corporate governance, internal control environment, effectiveness of design and operations of internal controls.3-Ensure that entity’s financial statements are prepared in accordance with International Financial Reporting Standards/International Accounting Standards and are in compliance with the local laws & regulations.4-Execute external audits & other assurance services in accordance with International Standards on Auditing / International standards on Review Engagements and as per Prime Global International methodology.5-Drafting of audit reports, cover letter to the Board of Directors, agreed upon reports and management letters etc. highlighting internal control weaknesses, non-compliances with laws & regulations and recommendations to overcome weaknesses.6-Supervising, coordinating and appraising of work of junior staff on audit methodology and practicalities in auditing and accounting.7-Experienced in auditing under various IS and ERP environment, including SAP, Oracle Financials, Sidat Hyder Financials etc.Pre-award assessment & other assurance services1-Analysis of the monthly & annual revenue & expenditure trends with budgeted levels and ensure appropriate justification of discrepancies.2-Detailed review of operating, administrative and selling costs and their respective allocations to different cost centers.3-Data verification and validation for purposes of incorporating new modules to operating systems.4-Assessment of governance structure, financial management, procurement and human resource functional areas for purpose of capacity evaluation. Exibir menos

• 

  Rely Industries

  Jun 2018 - Jan 2024

  Senior Accountant & ERP Expert

  My duties & responsibilities include:1-Preparing and to ensure release of payments for Accounts Payable, & managing Adhoc (urgent) payments to Adhoc suppliers. 2-Reconciling & Recording Collections on Accounts Receivable, Client Online Portal.3-Managing Suppliers on day to day basis on payments / scheduling payments, Clients Collections & Follow-ups, & updating records / receipts.4-Handling General Ledger Accounts, Both Balance Sheet & P&L and reporting on trial balance.5-Preparing, Releasing, Controlling and Recording Labor & Admin Staff Payroll, with Overtime release.6-Ensuring supportive role for filing VAT return on timely basis.7-Controlling Banks through online access, Daily Bank reconciliations, & reporting on daily basis for daily movement, Updating PDC Schedules.8-Quick Cash Projection report, Collections & Payables, weekly report.9-Internal Management reporting, i.e. schedules as required by nature of cost / item upto satisfactory level of control.10-Managing, fulfilling the documentation need, and maintaining records to be complete & satisfactory from External Audit point of view, for KPMG (being our External Auditors).11-Controlling & reporting Direct Cost on Jobs, Completing the Jobs within ERP for Completed Jobs, (Job Order Costing), Proactive in Cost Control & Reporting for any Abnormal Cost / Expenses claimed against Jobs, Bringing to Management review.12-Managing, Reviewing, Recording (if need to record as required as per situation) Petty Cash, Validating the supporting for future reference.13-Ensure correct & accessible filling of Complex Journal Vouchers Entries / Adjustments with Supporting workings / documents attached for future reference. &14-Ensure Correct, consistent, easy to retrieve hardcopy & soft copy filling of Original Business Documents / Contracts for future reference.15. Lead and Implemented ERP-Next across all the functions including Accounts, Finance, HR, Payroll Management, Procurement, Store, CRM and Production. Exibir menos

• 

  Steel Engineering Development Company LLC (SED)

  Jan 2024 - now

  Finance Manager

  SED is a partnership company between Khalifa Juma al Nabooda and Saif Abdur Rehman al Ghurair Group Leading Accouting, Finance, HR and Admin functions.Major responsibilities include:1. Preparation and presentation of financial statements,2. Dealing with external auditors for Financial Statements Audit,3. Handling, arranging and managing bank facilities,4. Dealing with Group Internal Auditors for improving internal control system,5. Managing and leading Microsoft Navasion ERP system for operational efficiency, improvements and upgrades,6. Accounts payable, receivables and inventory control management,7. Cash flow management and handling bank, cash and related matters,8. Monthly reporting to Head office for all the financial matters, KPIs and HR matters,9. Preparing and disbursement of monthly payroll, overtime, allowances, bonus and other incentives.10. Overall human resource management including hiring, attendance, visa in coordination with head office, leaves, medical insurance, tickets, final settlements and exit.11. Quarterly VAT calculations, filing of VAT returns and Corporate Tax management.12. Project costing, budget controls and WIP transfer of costs. Exibir menos