Bilal Sarfraz

Audit Manager

Gujranwala Food Industries (Pvt) Limited • Indépendant

Sep 2019 - Present • 6 yrs 8 mos

Risk Assessment and Planning Identify Risks: Evaluate the organization's processes to identify potential risks and areas for improvement. Audit Plan: Develop a comprehensive audit plan that outlines the scope, objectives, and methodology of the audit work. Examination and Evaluation Internal Controls: Assess the effectiveness of internal controls and recommend enhancements where necessary. Compliance Checks: Ensure that all processes comply with relevant laws and regulations. Reporting and Communication Audit Findings: Prepare detailed reports on audit findings, including identified issues and recommendations for corrective actions. Stakeholder Engagement: Communicate effectively with stakeholders to discuss findings and agree on actions. Follow-up Activities Action Monitoring: Monitor the implementation of corrective actions and evaluate their effectiveness over time. Continuous Improvement: Provide ongoing feedback and recommendations to refine processes and controls continually. By conducting thorough assessments and maintaining open communication, an Internal Auditor can effectively manage internal audit functions within the organization.

Chief Accountant

Asia Paint Industries • Temps plein

Mar 2017 - Jul 2018 • 1 yr 4 mos

Internal Preparation of Financials Ensure accuracy: Verify all financial data before commencing report preparation. Consistency: Follow standard accounting principles and maintain consistency across different reporting periods. Bank Reconciliations Reconcile regularly: Perform bank reconciliations on a regular basis to identify discrepancies early. Documentation: Keep thorough records of all transactions and adjustments for future reference. Stock Reconciliations Regular checks: Conduct periodic physical counts of inventory and compare against recorded amounts. Adjustments: Address discrepancies between physical and recorded stock promptly to avoid accounting issues. Managing of Taxation Work Compliance: Stay updated on current tax laws and regulations to ensure compliance. Documentation: Maintain detailed records for all tax-related transactions and filings.