Shafiq Khan

My Name Is M.Shafiq I have completed M.com and have a experience of 9 year

MAIN RESPONSIBILITIES

 Lead, plan, and perform financial and operational audits.

 Create and develop new audit programs to improve financial controls.

 Providing input into the efficiencies, procedures and effectiveness of an evolving Internal Controls organization.

 Observing year-end inventory counts.

 Performed all products costing plus monthly closing of Cost of Goods Sold, Distribution Expenses and Operations Expenses. Prepared annual budgets of same

 Performed all inventory analysis, including obsolescence review and write offs

Muhammad Shafiq

S/O

Muhammad Bashir

Resume Degree Institute/Board/University Year

M.COM

B.COM

SUPERIOR UNIVERSITY

PUNJAB UNIVERSTY

2016

2014

I.COM

B.I.S.E (Lahore)

2011

Matriculation

B.I..S.E (Lahore)

2009

 Managing the Accounts Payable by ensuring suppliers’ payment on time, regular review of aging report and timely monthly closing of accounts payable

 Managing Accounts Receivable by ensuring receipt on time by review and analysis of aging report and investment analysis.

 Accounts reconciliation And Bank Reconciliation Statement.

 Prepares balance sheet, profits and losses report, and other statements based on information obtained throughout the year

 Assisting in Annual Budgetary Process

 Forecasting of Raw Materials need according to the Budgets

 Preparation of Monthly, Quarterly and yearly Cash Budget

 Final Accounts Settlement.

 Develop and maintain accurate product costs

 Audit items costs, costing programs and systems for accuracy

 Ensure rates are appropriate and are kept updated with changes in the business

 Coordinate proper cost absorption in inventory valuation

 Set standard costs for all products and directed the implementation of cost accounting methods and activities

 Accumulated and applied overhead costs as required by generally accepted accounting principles

 Implementation of ERP system in all departments including RMS, PMS, FGS, QC department, QA Department, Procurement, Sales, Distribution and Accounts.

 Interacting with all levels (up to CFO) to review and communicate findings and recommendations.

Completed M.com From Superior university Lahore