cv - asim jamshed

ASIM JAMSHED H # 22/A, Street # 25, Pirani wali street, wassan pura, Lahore.

Cell: 0321‐4664462, 0302‐4127721, Email: [email protected]

Objective: To pursue a dynamic and challenging career with an organization of

esteem repute that offers opportunities to grow personally and

professionally, integrating my own personal goals with that of the

organization, so as to become a catalyst in each other’s growth.

Working Experience:

1. Presently Working as Manager Audit, Consulting & Tax (April 2015 – Todate)

Rashid & Co; Chartered Accountants

2. Worked as Manager Internal Audit, Consulting & Tax (December 2014 – March 2015)

National Consulting For Business & Management Solutions (Pvt) Ltd

3. Worked as Manager Consulting & Tax (January 2008 –December 2014)

Deloitte ‐ M. Yousuf Adil Saleem & Co; Chartered Accountants (A member of Deloitte Touche Tohmatsu Limited)

4. Worked as Assistant Manager Accounts in National Drainage Programme (NDP)

(May 2001 – December 2007)

A Project financed by Consortium of International Donors (The World Bank, Japan Bank for International Cooperation (JBIC), Asian Development Bank (ADB)

5. CA Articleship (From 1997 to 2001)

M. Yousuf Adil Saleem & Co; Chartered Accountants (A member of HLB International)

Professional Experience:

Audit, Internal Audit & Consulting:

As Manager in charge for statutory Audit of different clients (manufacturing concerns, power sector, financial institutions, electrical appliances, telecommunication and services sector) managing audit teams and finalization of statutory and half yearly accounts

Engaged in preparation of Agreed upon procedures (AUP) reports issued to different clients (paper, power, telecommunication sector)

As Manager in charge for Internal Audit of different clients, finalization of reports after discussion of management and formulate of the policies and procedures for effective internal control

As an engagement in charge for Maintenance of Books of Accounts of different clients in the Computerized Accounting Software’s and preparation of financial statements on behalf of clients and got the accounts audited by the statutory Auditors of different clients

Financial Modeling/ Projections of different clients

Dealing with different financial institutions and State Bank of Pakistan on behalf of clients


Cell: 0321‐4664462, 0302‐4127721, Email: [email protected] Testing and development of Accounting Software i.e. System study, advise to development

consultant regarding development of software as per users needs, testing and posting of vouchers in general ledgers and sub ledgers, ledgers and reports printouts, analysis made for reports and recommend changes as per client needs

Prepared various reports to address weakness in design, implementation and effectiveness of internal controls

Extensive application of the International Financial Reporting Standards (IFRS), International Auditing Standards and International Accounting Standards ( IASs) and preparation of financial statements in compliance therewith

Preparation of other deliverables such as management letter identifying control weaknesses and recommendations of improvements therein

Training, Managing and addressing the staffing problems and allocate the staff as per the work load

Prepared various assurance and compliance reports/ certificates for statutory/ regulatory and internal management purposes.

Verifying compliance with various laws relating to the client.

Book Keeping & Accounts:

Book Keeping and Preparation of firm’s Financial Statements, payroll and vouchers management, dealing with all the financial matters and regular interaction with the firm banks

Preparation of firm’s reports send to Deloitte International after the approval of Partner In charge

Raising and Collection of fees from clients, preparation and filing of firms withholding statements, preparation of Budgets and Comparison of Budgets with Actual

Taxation:

Registration of National Tax Numbers and Sales Tax Numbers of Individuals & Companies with the Federal Board of Revenue & Punjab Revenue Authority

Filing of Annual Income Tax and Sales Tax Returns, Annual Withholding Statements and filing of Monthly Withholding Statements & Sales Tax returns of clients

Filing and Processing the refund claims of Sales Tax on behalf of clients and getting Refund Payment Orders from the Federal Board of Revenue

Processing & Obtaining Income Tax Exemption certificates and Income Tax refund of clients

As an engagement in charge to attend the Income Tax Audit and Sales Tax Audit proceedings of clients and advise to clients on different tax matters and day to day changes made in the Income Tax Ordinance, 2001 & Sales Tax Act, 1990

Appeals made to Commissioner Appeals on behalf of clients regarding sales tax matters & Income tax matters of different clients

Corporate & Financial Advisory:

Registration of Companies with the Securities & Exchange Commission of Pakistan

Preparation of Memorandum & Articles of Association of different Companies


Cell: 0321‐4664462, 0302‐4127721, Email: [email protected] Acted as Company Secretary of different clients

Filing of Annual Company Returns with the Securities & Exchange Commission of Pakistan for different national & multinational Companies

CLIENTS PORTFOLIO:

The details of clients in my professional career are as follows:

Statutory Audits: SECTOR

• Muslim Commercial Bank Pakistan Limited Banking

• National Bank of Pakistan Limited Banking

• Warid Telecom (Private) Limited Telecommunication

• Inturespa Pakistan (Private) Limited Real Estate

• Pak Elektron Limited Home Appliances

• Reliance Cotton Spinning Mills Limited Textile

• Ellcot Spinning Mills Limited Textile

• Prosperity Weaving Mill Limited Textile

• Amer Fabrics Limited Textile

• Ihsan Sons (Private) Limited Textile

Internal Audits:

• Kot Addu Power Company Limited Energy

• Master Textile Mills Limited Textile

• STEDEC Technology Commercialization Corporation

of Pakistan Manufacturing

Consulting Services:

• Water & Power Development Authority (WAPDA) Power Management

• Lahore Waste Management Company (LWMC) Waste Management

• Warid Telecom (Private) Limited Telecommunication

• Flying Paper & Board Mills Limited Paper

Book keeping:

• Pro‐Energy Services Pakistan (Private) Limited Services

• Gas & Oil Pakistan (Private) Limited Energy

Taxation:

• Japan Power Generation Limited Independent Power Producer

• Saba Power Company (Private) Limited Independent Power Producer

• Inturespa Pakistan (Private) Limited Real Estate

• Pro‐Energy Services Pakistan (Private) Limited Services

• Gas & Oil Pakistan (Private) Limited Energy

• Brainstorm (Private) Limited IT Enabled Services

• Paradocs International (Private) Limited IT Enabled Services


Cell: 0321‐4664462, 0302‐4127721, Email: [email protected]

Duties as Assistant Manager Accounts (NDP):

Pre‐Audit of contractors bill as per Contract Agreement, review and approval of expenditures

Approval and posting of vouchers in Computerized Accounting Software

Preparation, Consolidation and finalization of financial statements and handling of audit done by Statutory Auditors

Review and approval of Bank Reconciliation Statements

Reconciliation of loans disbursed by Donor Agencies

On hand experience in development and testing of Computerized Accounting Software on behalf of NDP – Punjab Management, the accounting software later on approved by The World Bank

Calculation of interest and service charges on loans disbursed by Donors

Preparation of Budgets and Financial forecasts for Donors and Government Agencies and make comparison of forecast with Actual

Submission of Withdrawal Applications to Donor Agencies as per Donors guidelines

Close interaction with the Donor Agencies for day to day operations

Assist the World Bank Review Missions regarding the inspection of Documents maintained in the light of Donors guidelines of different clients

Computer Skills: Software

Windows 2007 and onward versions Sage, Peachtree & SQL Server

MS Office Power Point

Personal: Date of Birth: March 20, 1976

Age: 39 Years

Nationality: Pakistani

Academic Qualification:

1. Masters in Business Administration ‐ Finance (MBA 2011‐2013)

Virtual University of Pakistan (GPA 2.33 out of GPA 4)

2. Bachelor of Commerce (B.Com 1993‐1996)

Hailey College of Commerce ‐ Punjab University (751/1300 ‐ 2nd Division)

3. Intermediate of Commerce (I.Com 1991‐1993)

Scholars College of Commerce, Shadman, Lahore (668/1100 ‐ 1st Division)

4. Matric (1991)

Pakistan Railway High School (430/850 ‐ 2nd Division)

References: Available on Request