mazhar arshad
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mazhar arshad

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Expert in: Finance & Accounting    
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Languages: English
A dedicated and motivated professional having diversified eight years experience with national and multinational organizations in Pakistan , Afghanistan, and United Arab Emi
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Other Specialties

Business Planning
Management Consulting
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Degrees

Chartered Accountant ( The Institute of Chartered Accountants of Pakistan) 2) MBA ( International Business MAnagement- London University External System) Thesis to be submitted.

My Expert Service

• Establishment of new accounting system, procedures and fixed asset Register. • Preparation of the necessary work flow cycle which decrease the cost of time. Preparation of Projected Business Plane for the company. • Advanced Level Experience of International Financial Reporting Standards ( IFRS) and good experience of US GAAP. • Advise on financial systems, reporting, planning, financial controls, contract negotiations, facilities, strategic planning and investor relations for different investors. • Review of Accounts Payable, Returned Goods, Escheatment, Purchasing and Pharmacy transactions for hospitals nationwide. • Conducted discovery interviews with key personnel to develop an understanding of the procurement cycle. • Performed detailed data analysis and manual invoice review to identify overpayments to vendors, internal control issues, and system weaknesses. • Reviewed audit results to determine recommendations for system and process improvements. • Preparation of financial statements in accordance with International Financial Reporting Standards. • Consolidation of Group Financial Statements • Insure the compliance with taxation and corporate and other laws. • Coordination and liaison with taxation authorities. • Handling Trade Financing, Working Capital and Treasury Management • Conducting Variance Analysis, Business Performance Analysis, Cost Benefit Analysis, Financial modeling, Feasibility Studies and Business Process Reviews • Maintenance of financial records in computerized environment. • Preparation of management reporting packs and supporting commentary. • Development, review and implementation of internal controls pertaining to assets. • Verification of bank reconciliation and maintain daily banking procedures. • Timely follow up of collection of moneys from debtors and ensures the aging of debtors does not go over the specified number of days. • Preparation of the annual and mid-year budgets. • Liaison with internal and external auditors on all aspects of fixed asset accounting, income accounting and inventory accounting. • Preparation of journal entries and reconciles general ledger and subsidiary accounts; preparation of monthly financial statements, including distributing monthly revenue reports to departments. • Provision of financial information to support decision making within the business. • Preparation of month-end accounts, preparation of ad hoc management reports and analysis. • Preparation of reports on costing e.g., cost estimate, cost sheet statement in the manufacture industries both working in product and process costing environment. • Working capital management • Handling Inter Company Transaction/Arrangement for funds • Analysis of Variation in budgeted Profit Vs actual Profit, preparation of segment wise Profitability statement, reconciliation of costing profit with financial profit • Arrangement of Insurance Policies (Medical, Personal Accident, Workmen Compensation & other related project insurance). • Monitoring refinement of Oracle Financial ERP system used by the group companies

Experience & Qualifications

5 years of experience with KPMG International in Pakistan, Afghanistan, UAE and London. 4 years of experience as free lance business advisor and business studies trainer.

Available Modes Of Communication

email/chat

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