Ahmed Malik

Group Accountant

One World Group • Temps plein

Feb 2024 - Jun 2026 • 2 yrs 4 mos

Led month-end and year-end close activities, resolved bookkeeping issues, and cleaned financial records across group entities. Prepared monthly group financial statements and annual statements for management, tax authority submissions and audit support. Performed balance sheet cleanup for 7 entities of the group including but not limited to rectification and adjustments of balances related to Loans, Leases, Advances, Deposits and Prepayments, aged Receivables and Creditors. Supervising the accounts payable and accounts receivable function of the group. Prepared biweekly cash flow forecasts and supported treasury process improvements that reduced transaction costs. Reviewed and submitted quarterly VAT and GST filings for group entities across UAE, Canada, Oceania and the UK ensuring timely statutory returns. Submission of Corporate taxation and annual reports for global entities. Recovered an estimated $50,000 in long-outstanding deposits and balances from vendors, staff loans, and foregone deposits. Effectively liaison with the several vendors and customers globally to rectify any discrepancies in accounting records. Removed inconsistencies from the property plant and equipment and inventory valuation of the group and reconciled the records with the group inventory MIS. Preparation of adhoc financial reports for senior management and decision makers for the group resulting in cost and operational efficiencies

Senior Officer Systems and Audit

Beaconhouse Group • Temps plein

Mar 2023 - Mar 2024 • 1 yr

Designed and implemented internal controls for streamlining business processes and to achieve cost savings. Reduced Construction department costs by 20% through a labor outsourcing model. Coordinated month-end and year-end closing process and resolved discrepancies in monthly closing checklist ahead of aggressive deadlines. Assisted in preparation of annual budget, monitored variances of actual vs budgeted on monthly basis and highlight reasons for the variance. Reviewed and prepared vendor reconciliation and receivable reconciliation and all statement of accounts reconciliation (SOAs). Streamlined policies and procedures of Construction, Marketing and Business development departments and achieved savings of around PKR 20 million in these business areas. Fostered business relationship with Marketing, Construction and Business Development department of the Group to streamline businesses processes. Prepared quarterly and half-yearly performance reports for the consumption of the Board of Directors. Authorized vendor payments, tracked AP and AR, and reviewed bank reconciliations to support accurate cash flow management Review and approve journal entries, invoices, and other accounting documents to ensure compliance with accounting policies. Performed branch Audits as per COSO framework and in compliance with Sarbanes Oxley Act (SOX).

Supervisor Audit and Assurance

UHY International • Temps plein

Jun 2022 - Apr 2023 • 10 mos

Led external audit execution and prepared audit reports and deliverables in line with ISAs. Conducted test of controls and risk management procedures, pinpointing vulnerabilities, and formulating recommendations to management for enhanced effectiveness of internal controls and risk mitigation. Reviewed and preparation financial statements prepared on the basis of International Financial Reporting Standards (IFRS), ensuring adherence to local statutory requirements. Led the execution of internal audits and accurately prepared comprehensive internal audit reports. Assessed compliance with standard operating procedures (SOPs), evaluated internal control systems, conducted risk management procedures. Verified compliance with corporate laws and regulations, conducted through tax compliance reviews, assessing record and procedures to ensure accurate adherence to tax and other statutory regulations. Calculated tax and filed sales tax (VAT) returns, withholding tax returns and annual income/corporate tax returns. Researched tax strategies and ensured compliance with federal, state, and local taxation regulations. Filed monthly tax returns at the provincial and federal levels. Prepared working papers and replies for tax authorities during audit proceedings. Analyzed cost structures of clients, identifying cost drivers and areas for optimization. Prepared and compiled financial statements and year-end processes for 12 companies while leading a team of 10 associates.