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SHOAIB AKRAM
About Candidate
Results-driven Accountant, Finance and Taxation Expert with more than 7 years of experience in optimizing accounting records and financial statements reporting & operations with ensuring tax (VAT) compliance. Proven track record of streamlining accounting processes, reducing tax liabilities, and maximizing financial efficiency. Expertise in financial reporting & analysis, Cash Flows, budgeting, and strategic planning, combined with a deep understanding of tax laws and regulations. Strong communicator and team player, dedicated to facilitating cross-functional collaboration and driving sound financial decision-making. Seeking to leverage my skills to deliver financial excellence for my Organization.
Education
Experiences
Preparation of Financial Statements and conduct internal audits. Handling Petty cash and disbursement of daily expenses. Creating jobs in ERP in accordance with Cost of project being run and handling costing of projects on weekly basis. Settlement of receivables with regular follow up as per payment terms. HR related Hiring and Firing tasks on daily basis, maintenance of employee’s attendance and preparation of Monthly Payroll. Monthly accounts closing and reporting to head office in Board meeting. Recording and Booking of daily Bank and Cash Payments and Receipts. Demonstrated expertise in reconciling complex accounts, reducing discrepancies, and improving financial data integrity. Managed accounts payable and accounts receivable functions, optimizing cash flow and minimizing outstanding balances. Bank dealing and handling of Local LC and bank guarantee processing and submission with daily Cash deposits and withdrawals. Daily and weekly reporting to General Manager and Chief Accountant. Experience in preparing financial statements as per IFRS & IAS, VAT Registration and filling VAT & Corporate tax returns, and compliance with accounting standards and regulations.
Proficient in financial analysis, budgeting, Bookkeeping, Financial Reporting, Bank Reconciliation, Cash flow, maintain and manage trial balances with profit and loss account and forecasting, ensuring accurate and timely financial reporting. Preparation of LC, import and export related payments in accordance with company cash flow situation. Manage all approvals on import taken from Customs department. Demonstrated expertise in reconciling complex accounts, reducing discrepancies, and improving financial data integrity. Managed accounts payable and accounts receivable functions, optimizing cash flow and minimizing outstanding balances. Adept at using accounting software, such as QuickBooks, SAP, Tally, ERP and Excel, to streamline financial processes and enhance efficiency. Experience in preparing financial statements as per IFRS & IAS, VAT Registration and VAT & Corporate tax returns, and compliance with accounting standards and regulations. Implemented cost-saving measures that resulted in reduced operational expenses while maintaining financial accuracy. Strong problem-solving skills, with a track record of resolving financial discrepancies and improving internal controls. Collaborated with cross-functional teams to ensure accurate and timely financial information for strategic decision-making. Maintained strict confidentiality and data security in handling sensitive financial information. Created weekly review on IFRS, IAS and ISA with performance reports, analyzing and interpreting data to improve day-to-day business operations.
Oversee the preparation of financial statements and reports in compliance with Generally Accepted Accounting Principles (GAAP) and tax regulations. Analyze financial data to identify trends, risks, and opportunities for tax optimization and cost-saving measures. Ensure accurate and organized record-keeping of financial transactions, tax filings, and correspondence with tax authorities. Seasoned Tax and Accounting Professional with experience in VAT tax planning, compliance, and financial reporting. Proven expertise in minimizing tax liabilities and maximizing financial efficiency for individuals and businesses. Managed accounts payable and receivable, optimizing cash flow and reducing outstanding balances. Strong analytical skills, with a track record of identifying cost-saving opportunities and improving financial accuracy. Proficient in preparing tax returns, financial statements, and providing strategic financial guidance. Collaborated with clients to develop effective tax strategies, ensuring full compliance with tax laws and regulations. Maintained confidentiality and data security in handling sensitive financial and tax information. Stay updated with changes in tax laws and accounting standards to ensure accurate and compliant services.
Eager to work under the mentorship of experienced Chartered Accountants to develop a strong foundation in financial Reporting and financial management. Adept at conducting financial research, data analysis, and assisting in the preparation of financial reports. i.e. IFRS, IAS & ISA Assisted in audit procedures, documentation, and verification of financial records to ensure compliance and accuracy. Participated in tax preparation, filings, and supported tax compliance efforts. Contributed to the preparation of financial statements and analysis of financial data to assist in decision-making.