Fahad Ahmad

: A-1/16, Block 4, Gulshan-e-Iqbal, Karachi-75300, Pakistan

: +92-021-34990976, 0302-8223955 :fahadahmedjune@gmail.com

OBJECTIVE
To work for an esteemed organization that best utilizes my skills and provides opportunities for professional growth as well as
personal excellence.

PROFESSIONAL QUALIFICATION
Chartered Certified Accountancy (ACCA) Status Year
Affiliate 2017
Membership 2020

PROFESSIONAL EXPERIENCE

 Institute of Financial Markets of Pakistan (Feb 14, 2022 till date)

The Institute is a subsidiary of the Securities and Exchange Commission of Pakistan (SECP) and is licensed u/s 42 of the
Companies Act 2017 as a not-for-profit entity. The Institute has been mandated by SECP to offer certification courses related to
capital markets, asset management and insurance industry.

I am currently working as Manager Finance / Company Secretary and reports to the CEO and the Board. My responsibilities
include;

Finance / Accounts/ Taxation Secretarial

Overall supervision of Finance /
Accounting function
Preparation of Annual and Quarterly
Financial Statements.
Preparation of Annual Report and
quarterly management review reports.
Improving internal control systems
relevant to financial reporting.
Preparation of Budget
Investments
Review and approval of financial
transactions
Fixed Assets accounting
Obtaining approval as Non-Profit
organization u/s 2(36) of the I.Tax
Ordinance, 2001
Exemptions u/s 153 & 151
Ensure accurate and timely filing of
I.Tax Return
Ensure timely and accurate filing of
Sales Tax Returns
Ensure timely deduction and deposit
of withholding taxes
Ensure timely filing of withholding
tax statements
Improving internal control systems
relevant to taxation
Compliance of Companies Act,
2017 and
Compliance of Code of Corporate
Governance for Public Sector
Companies
Compliance of other laws relevant
to public sector company
Conducting Shareholders, Board
and Committee meetings.
Preparation and circulation of
minutes
of meetings.
Preparation and submission of
various documents and reports as
requested by SECP.
Election of Directors.
Ensuring Fit & Proper criteria is met
as per various regulations.
Ensure compliance with Board
approved policies.
Filing of various Forms to SECP.
Handling other Corporate & Legal
issues.

 Shakoor & Company Limited (July 5, 2017 till Feb 8, 2022)

The Company is well-known for its logistics solutions and holds transportation contracts for various local as well as multi-national
companies including United Energy Petroleum Limited, Pakistan State Oil Ltd., Lotte PTA Ltd., Orient Petroleum Ltd., Pakistan
Air Force, Engro Polymers and Chemicals Ltd. and ICI Chemicals Ltd.

I worked as Deputy Manager Finance and reported to the Manager Finance. While working on SAP, my responsibilities included;

Taxation Accounts Payable Controlling Payroll

Withholding taxes (Federal and
Provincial)
Advance taxes (sec 147)
Advance tax working for annual return
Sales Tax returns working (Monthly)
Tax ledgers reconciliation
Income Tax Audits & Monitoring
Ensure accurate tax deductions
from payments
Ensure timey posting of invoices
Ensure accounts are reconciled
GRIR clearing
Vendor accounts line item
clearing
Vehicle wise Profit and Loss.
Asset Under Construction (AUC)
settlement
Maintenance Orders settlement
Opening of Internal Orders and
Cost Centers
.
Preparation of monthly payroll for
lower management.
Final settlement.
Dealing with Loans and Advances.
Bonus and Overtime working

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  FAMCO Associates (Pvt) Ltd. (March 8, 2017 till June 30, 2017) (previously Fergusons Associates (Pvt)
Ltd.)
The Company provides Management Consultancy and Share Registration services to various multinational and other highly
reputed organisations including Abbott Laboratories (Pakistan) Ltd., Colgate Palmolive Ltd., Clover Pakistan Ltd., Novartis
Pharma (Pakistan Ltd.), Byco petroleum Pakistan Ltd. and Engro group .

I worked as Deputy Manager in Corporate Advisory section of the Company .

 Shakoor & Company Limited (June 13, 2011 till June 23, 2016)
I worked as an Assistant Manager Finance and reported to Manager Finance. I led the team of 3 individuals towards
accomplishment of various assignments. My job responsibilities included but were not limited to ;

Treasury Treasury Creditors / Costing Financial Statements

Dealing with the Banks for financing
facilities requirements and fulfillment
of requirements.
Renewal of financing facilities.
Checking bank reconciliations, bank
payments and cash book.
Receipts and Payments Summary.
Dealing with Insurance companies
regarding policies, premium and claims
and maintaining insurance records.
Working capital management.
Re-calculation and verification of
Mark-up on running finance.
Performance Guarantees
(issuance, commission,
redemption).
Treatment and disclosure of Ijarah
finance according to IFAS-2.
Opening and closing of Company
bank accounts.
Re-conciliations of vendors
accounts. Correspondence with
creditors.
Checking correct posting to
vendors’ accounts and inventory
ledgers.
Preparation of various stock
consumption and analytical
reports.
Preparation of breakup of cost of
transportation.
Assist in preparation of Financial
Statements.
Financial Statements Analysis.
Manage Quarterly closing of accounts
and presentation of quarterly results.
Working on Annual Report. Horizontal
and Vertical Analysis.
Co-ordination of external audit.

Fixed Assets Inventory / Procurement Secretarial Work Information System

Preparation of Fixed Assets Register.
Preparation of Fixed Assets Schedule
for Financial Statements.
Advising on capitalization of Fixed
Assets according to IAS-16.
Reconciliation of Fixed Assets register
with Fixed Assets respective general
ledgers.
Inventory Valuation (Weighted
average, First in First out and
Specific identification methods).
Monthly stock taking and
reporting of discrepancies.
Procurement of Mobil oil for the
company.
Rates comparison analysis for
Mobil Oil from different Vendors.
Worked with consultants to: Worked as the focal person till the
Business Blue Print phase for the
Increase the authorized capital, implementation of SAP ECC 6.0 (FI
paid-up capital, Rights Issue and Module).
Allotment of shares.
Re-appointment of Directors,
Auditors and Chief Executive.
Annual Return (Annual list of
members Form A) and Form 29.

Key Achievements: Received Letter of Appreciation for accomplishment of various assignments as per deadlines including
preparation of Fixed Assets Register and leading and directing the team towards completion of various assignments. I also ensured
sufficient liquidity was maintained when there was shortage of funds by rescheduling payments with creditors and also prioritizing
payments in terms of their sensitivity to the operations of the Company .

 Caveo Salus Pharmaceuticals (Pvt.) Ltd. (October 01, 2010 till June 12, 2011)
The company is involved in marketing of medicines manufactured by various manufacturers. I worked as an Accounts Executive
and independently performed various accounting tasks and reported directly to Finance Director. My job responsibilities included;

Sales & Receivables Inventory Management General Ledger Accounting MIS

Maintaining debtors ledger.
Invoicing for goods dispatched.
Issuance of Debit/Credit notes
Verification of Discount claims of
distributors.
Managing inventory inward and
outward.
Maintaining stock ledger
Controls over storage of inventory.
Posting of transactions in accounting
software using SQL Server.
Reporting to management about
control weaknesses related to
accounting and internal control
system MIS.
Preparation of financial
information for management
according to requirements.

Key Achievements: Complete reconciliation of physical inventory with Inventory Ledger and its valuation with Inventory
General Ledger.

 BDO Ebrahim & Co. (Chartered Accountants) (May 2008 till Sept. 2010)
The audit firm ranks among top 5 firms in the world. While working for BDO, I have got experience of both internal and external
audits as well as performed book keeping assignment. Details are as follows:

External Audits
Travelling and
Manufacturing Sector Energy Asset Management
Aviation

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 Merit Packaging Ltd. Tapal Energy Pvt Ltd UBL Fund Managers Ltd. Muhibbah Aviation Services

Specialized Accounts Services

- Nasra Schools
Karachi Gymkhana Provident Fund - Karachi Gymkhana
- All Pakistan Textile Mills
Association (APTMA)

Internal Audits
Insurance Travelling and Aviation
Premier Insurance Ltd. Gerry’s International Private Limited

Book keeping
Specialized Accounts Areva T & D Pakistan Private Limited (Provident Fund).

 S.M.Sohail & Co. (Chartered Accountants) (August 2007 till April 2008)
Garments Manufacturing Rajby Industries (Pvt) Ltd.

I worked on an assignment of verification of inventory purchases till finalization of purchase invoices and also involved in
monthly stock taking assignment (Fabric + Accessories).

OTHER PROFESSIONAL COURSES

 SAP ERP Financial ECC 6.0 course in Institute of Business and Professional Development.
 Financial Modelling course in Abeel School of Accountancy with trainer Sir Sohaib Jamal (FCMA)
 E-filing course (FBR and SRB e-Portal) in Institute of Business & Professional Development.
 Advance Excel course from Institute of Business and Professional Development

IT SKILLS
I have good working knowledge of MS-EXCEL, MS-WORD and other Windows based software.

ACADEMIC QUALIFICATIONS
Bachelors of Commerce Govt. Premier College, Karachi 2002
Intermediate Adamjee Govt. Science College, Karachi. 1998
Matriculation Gulistan Shah Abdul Latif School, Karachi 1995

PERSONAL PROFILE
Date of Birth June 3, 1980
C.N.I.C. no. 42201-0519488-5

SPARE TIME INTEREST

Teaching, reading books and playing / watching cricket.

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