Syed Irfan Abba

Deputy Manager Finance & Accounts

Wah Industries Limited

Mar 2020 - Present • 6 yrs 6 mos

Supervise the team of accountants to ensure compliance of relevant Govt. Laws, Taxation Rules, Corporate Governance Rules, IAS & IFRS. Directed finance operations including costing, taxation, treasury, and internal audit. Presented monthly financial results and strategic recommendations to CFO and Board. Led cost-benefit analysis for new projects, achieving margin improvements of 15%. Reduced monthly closing cycle by 20% through automation and process streamlining. Product costing. Prepare work in process and finished goods report to support accurate production tracking and inventory reconciliation. Oversee inventory management and executed client material adjustment to ensure accurate tracking and reconciliation. Oversee the company's transaction processing systems & Implement best practices regarding Accounts, Finance & Internal audit operations through cross-verification of Cash/Bank Payment & Receipt Vouchers, for accuracy and completeness with the vision of internal audit. Monitoring of all transaction modules (Receivable, Payable, Cash Management and Fixed Assets) Perform Vertical and Horizontal analysis of financial statements. Filing of withholding tax statement on monthly basis and ensure their filing before 15th day of each month. Prepare Sales Tax Returns on monthly basis and ensure their filing before 15th day of each month. Monitoring of daily transactions with banks and also supervise Bank reconciliations and bank dealings for clearings on daily basis. Prepare stock valuation report Asset Management and ensure all company assets are monitored and accurately accounted for, fixed assets register is managed and maintained with strict adherence to "fixed assets register procedure. Review the timeline and accuracy of month-end and yearly closing Entries & reports. Perform Aging Analysis of Debtor & Creditor on Monthly Basis.