Muhammad Yaseen (ACCA)

• Calculating tax and zakat liability, ensuring compliance is completed speedily and efficiently, and submitting tax and zakat returns and associated documents within appropriate deadlines;.
• Advising and consulting with clients in order to provide advice about tax and zakat legislation;.
• Recognizes, anticipates and resolves tax issues; make recommendations;.
• Prepare monthly and annual tax/zakat and VAT returns;.
• Assist clients in objections and appeal matters during tax and zakat controversies;.
• Assist clients for tax review and/or due diligence project;.
• Conduct deep tax research and/or analysis;.
• Prepare the computation of provision for taxation review the tax working papers;
• Prepare withholding tax returns;
• Prepare advance tax payment return;
• Prepare annual income and zakat return review of cash tax positions; and.
• Assist client in transfer pricing matters;
• Managed quality assurance program, including on-site evaluations, internal audits and customer surveys.
• Maintained excellent attendance record, consistently arriving to work on time.
• Monitored social media and online sources for industry trends.
• Consulted with clients to assess and mitigate future tax liabilities and determine eligibility for tax abatement.
• Conducted reviews of internal tax documentation, reducing errors related to missed tax benefits.
• Maintained complete records of client tax returns and supporting documentation in secured areas.
• Reviewed clients tax filing papers thoroughly to determine eligibility for additional tax credits or deductions.
• Offered clients recommendations to reduce tax liabilities.

1) Strategic Finance and Risk Management.

• Worked as process owner by implementing different SOPs (Standard Operation Procedures) and controls;.
• Performed financial analysis and reporting to management as needed;.
• Generated financial reports and statements to managers for review; and.
• Evaluated computerized accounting systems and provide recommendations to IT team for performance improvements.
• Analyzed financial audit information and made recommendations to improve efficiencies.
• Performed advanced reviews of business operational trends and expected obligations to prepare accurate forecasts.

2) Financial Reporting Responsibilities.

• Performed cash flow forecasting, budgeting and worked closely with the operations and project teams in analyzing margins, variances and cost analysis;.
• Period-end closing & reporting in SAP (Monthly, Quarterly & Annual);.
• Coordinated with finance team to complete assigned accounting tasks within deadlines; and.
• Assist in auditing activities by providing necessary information and preparing requested documentations.

3) Controlling Responsibilities.

• Monitor and record financial transactions according to company policies and regulations;.
• Conducted all necessary trainings to keep the team’s skills and knowledge up to date;.
• Managing the day to day activities of the finance team;.
• Analyzed financial discrepancies and recommended effective resolutions; and.
• Prepared cash flow/ revenue forecast after getting the data from the operations.

4) Accounting Responsibilities.

• Ensured properly & timely posting of suppliers and customer invoices in SAP, managing suppliers & subcontractors’ payments in compliance with relevant contract;.
• Ensured sub-contractor’s invoices are properly validated with correct progress percentages and booked accordingly in ERP system;.
• Ensured timely raising of intercompany invoices and timely reconciliations as group reporting requirements;.
• Timely payment posting and monthly bank reconciliation;.
• Responded to accounting inquiries from management in a timely fashion;.
• Provided guidance to other accountants when needed;.
• Monitored and recorded financial transactions according to company policies and regulations;.
• Monthly posting of staff salary, depreciation, prepaid rents and prepaid insurance;.
• Monthly posting of provisions for employee leaves and end of service benefits;.
• Coordinated with Asst.
• Treasury Manager for the funds requirements to maintain cash flows as per company’s requirement; and.
• Checked and verified cash & bank vouchers before payments to ensure the compliance with 262 Controls.
• 5) Tax related Responsibilities.
• Prepared summary of payments for monthly withholding tax return, VAT returns and coordinate with tax consultant to file the return with the GAZT to comply the timelines;.
• Coordinated with tax consultant to file the annual tax return and provided all the supporting documents;.
• Arranged payment of advance taxes, where applicable and make sure the settlement of all tax liabilities in a timely manner;.
• Prepared details and coordinate with tax consultant to translate accounting record in Arabic as per local laws requirement; and.
• Actively involved in the implementation phase of VAT Law in kingdom.
• I.e., System upgradation, coordinating with vendors, client and the GAZT team.
• Partnered with auditors on annual audits and realized compliance with governmental tax guidelines.

• Reviewed all invoices for appropriate documentation, withholding taxes and approval prior to booking;
• Reviewed the aging analysis for the accounts payable and submitting to the management for the payment plans;
• Reviewed the payments made to suppliers and ensuring that payments are made as per approved payment plans;
• Reconciled vendor statements researched and corrected discrepancies;
• Worked directly with operations and other finance colleagues and interacts with all levels of management;
• Ensured compliance of accounting activities with international and local accounting standards;
• Strengthened financial management processes to bring errors to near-zero in reporting, payroll administration and general bookkeeping.
• Responded to all vendor inquiries;
• Assisted in monthly closing;
• Maintained files and documentation thoroughly and accurately, in accordance with company policy and accepted accounting practices;
• Performed any other duties on ad-hoc basis as required;
• Maintained account payables, bankbooks and reconciliations in SAP; and
• Coordinated with internal & external auditors.
• Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating and all types of cash and banking reconciliations.
• Accurately documented all cash, credit, fixed assets, accrued expenses and line of credit transactions.
• Identified and investigated variances to financial plans and forecasts.
• Managed entire accounting cycle including gathering information, preparing documents, finalizing reports and closing books.

• Initial planning of the job and identifying risk areas during the process;
• Assessment of control risk and designing the tests of controls and substantive procedures for specific areas in consultation with the engagement manager;
• Performed the test of control and substantive procedures highlighting the issues/ matters.;
• Verified financial statements captions as per the International Financial Reporting Standards (IFRS);
• Discussions with the clients regarding the various accounting or other issues/ matters identified during the audit;
• Calculated income tax as per the law, filling of Income tax return and submitting the income tax return to the FBR (Federal Board of Revenue);
• Prepared and submitted withholding tax returns;
• Reviewed the work done by the team members and coordinating with engagement manager;
• Prepared financial statements; and
• Verified legal compliance, internal controls and suggested improvement points to the management.