Syed Salman Zafar
Certified Business Accountant
Riyadh,Saudi Arabia
Summary
Experienced in accounting principles with a focus on detail, I am eager to grow in an auditing environment. Possessing a solid grasp of financial regulations and compliance standards, I excel in data analysis and software tools. Seeking to apply and enhance analytical and problem-solving skills in a business accountant role.
Overview
4
4
years of professional experience
2014
2014
years of post-secondary education
Work History
Tax, Audit Associate and Accounts Associate
Hafiz Asim & Co Chartered Accountants
Islamabad
07.2020 - 07.2023
- Audit Planning: Assist in planning the audit engagement by understanding the client's business, industry, and internal control environment
- This involves gathering relevant information and identifying potential areas of risk
- Risk Assessment: Contribute to the assessment of financial and operational risks associated with the client's business
- This includes understanding the internal controls in place and evaluating their effectiveness
- Audit Procedures: Execute audit procedures to test the accuracy and completeness of financial information
- This may involve examining supporting documentation, conducting interviews, and performing substantive testing
- Documentation: Maintain detailed audit documentation that supports the work performed and the conclusions reached
- This documentation is crucial for audit quality and serves as a record for future reference
- Communication: Communicate with clients to obtain necessary information and explanations
- Clear communication is essential for understanding the client's operations and addressing any questions or concerns they may have
- Compliance Testing: Ensure that financial statements are prepared in accordance with relevant accounting standards and regulatory requirements
- This involves testing compliance with accounting policies and procedures
- Team Collaboration: Work closely with other audit team members, including seniors, managers, and partners
- Collaboration is key to ensure that the audit is conducted efficiently and effectively
- Continuous Learning: Stay updated on relevant accounting and auditing standards, regulations, and industry developments
- Audit associates are expected to continuously develop their knowledge and skills
- Problem Resolution: Identify and address any issues or discrepancies that arise during the audit process
- This may involve working with the client to resolve issues and proposing adjustments as needed
- Time Management: Manage time effectively to meet deadlines and complete audit tasks within the allocated time budget
- Time management is crucial in the fast-paced environment of auditing
- Professionalism: Adhere to professional ethics, standards, and confidentiality requirements
- Maintaining a high level of professionalism and integrity is essential in the field of auditing
- Feedback and Improvement: Act on feedback from more senior team members to improve performance
- Audit associates are expected to learn and grow in their roles, taking feedback constructively to enhance their skills
- Evaluated financial statements, identifying discrepancies and providing recommendations for corrective action.
- Prepared working papers, reports and supporting documentation for audit findings.
Tax Associate
JASB & Associates Chartered Accountants
07.2019 - 07.2020
- Tax Compliance: Ensure timely and accurate preparation of various tax returns, including income tax returns for individuals, businesses, and other entities
- Compliance involves understanding and applying relevant tax laws and regulations
- Data Gathering: Collect and organize financial information, statements, and documentation from clients or internal sources to support the preparation of tax returns
- Research and Analysis: Stay current on changes in tax laws and regulations
- Conduct research to interpret and apply tax laws to specific client situations
- Analyze the tax implications of various financial transactions
- Documentation: Maintain detailed documentation of the tax work performed, including supporting schedules and calculations
- Thorough documentation is crucial for audit purposes and ensures compliance with professional standards
- Communication with Clients: Interact with clients to gather information, provide updates on tax matters, and address any questions or concerns they may have
- Effective communication is key to building and maintaining client relationships
- Tax Planning: Assist in tax planning strategies to help clients minimize their tax liabilities legally
- This may involve identifying opportunities for tax credits, deductions, and other tax-saving measures
- Compliance with Deadlines: Adhere to deadlines for filing tax returns and meeting other tax-related obligations
- Timely compliance is crucial to avoid penalties and maintain the trust of clients
- Collaboration with Team Members: Work closely with other members of the tax team, including tax seniors, managers, and partners
- Collaboration is essential to ensure that all aspects of tax compliance and planning are effectively addressed
- Client Education: Educate clients on tax implications and provide guidance on tax planning strategies
- Help clients understand the impact of tax law changes on their financial situation
- Audit Support: Provide support during tax audits by preparing documentation, responding to inquiries from tax authorities, and assisting in the resolution of tax issues
Education
SSC - Matric In Science
Iqra School & College
FSC - Pre-Engineering
Government Degree College
07.2008 - 07.2010
Bachelor of Arts - undefined
Punjab University
09.2016 - 09.2017
Master of Arts - Economics
Abdul Wali Khan University
05.2019 - 05.2021
Certificate in Accounting & Finance - CAF
Institute of Chartered Accountants of Pakistan
Skills
Data analysis
Reporting
Financial statement auditing
Financial Statement
Microsoft Excel proficiency
Financial Reporting
Documentation review
Accounting principles knowledge
Substantive testing
IFRS expertise
Income statement analysis
Personal Information
- Date of Birth: 04/15/92
- Gender: Male
- Nationality: Pakistani
Timeline
Tax, Audit Associate and Accounts Associate
Hafiz Asim & Co Chartered Accountants
07.2020 - 07.2023
Tax Associate
JASB & Associates Chartered Accountants
07.2019 - 07.2020
Master of Arts - Economics
Abdul Wali Khan University
05.2019 - 05.2021
Bachelor of Arts - undefined
Punjab University
09.2016 - 09.2017
FSC - Pre-Engineering
Government Degree College
07.2008 - 07.2010
SSC - Matric In Science
Iqra School & College
Certificate in Accounting & Finance - CAF
Institute of Chartered Accountants of Pakistan
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