Shearazbaloch

 Name: MUHAMMAD SHEARAZ KHAN BALOCH E-Mail: -Skype:shearazbaloch Contact Number: - Current Address: House 3/14 B Area Liaquatabad, Karachi. Permanent Address: House # E39/1-A, St # 8, Peer Colony Walton Road Lahore Cantt. Objective Experience Summary : Organization/Firm Nature of Business Designation Duration Prima International Customs Clearance & Forwarding Accountant Continue Naseem Zafar Associates Corporate & Taxation Consultants Tax Accountant 3 years Tufail Muhammad & Co. Chartered Accountant Audit Officer -do- Muhammad Iqbal & Co. Chartered Accountant Audit Officer -do- Toyota Walton Motors Dealership of Toyota Indus Motors Accountant 2 Years A.F. Ferguson & Co. Chartered Accountants Intern 2 Months Bank of Punjab Bank-Walton Road Lahore Branch Intern 2 Months Seeking a position in the accounting field where extensive experience, excellent analytical and technical skills in accounting discipline can be further developed and utilized to achieve organization objectives & improve its profitability. Academic Qualifications: Degree University Year of Passing Division/CGPA M.Com (Finance) University of Lahore, Lahore. 2012 1st (3.3 CGP) B.Com University of Punjab, Lahore. 2010 2nd Note 8 papers exemptions available from ICAEW (CA-UK), 7 Papers Exemptions from ACCA. Professional Qualifications: Post Graduate Diploma /Certification University/ Institute Year of Passing Division/CGPA D.T.L (Diploma in Taxation) University of Punjab, Lahore 2015 2nd Dissertation and projects A thesis is submitted to the University of Lahore as partial requirement of degree of titled “Analysis of the profitability of banks: comparative study of the banks of Pakistan with the banks of America” and it had been publish with title of Comparative profitability of the banks of USA with of Pakistan that can be search on www.amazon.com or Lambert Academic Publishing. Experience & internships in brief: Prima International Name of organization: Prima International Nature of business: Customs Clearing Agent & Importer Designation: Accountant Starting date: July 1, 2015Ending date:Currently employed Core responsibilities: 1. E-filling of monthly FBR-Sales Tax returns, PRA-Services Sales Tax returns 2. Billing and Sales Tax Invoices 3. Collecting Income tax deduction information & certificates, u/s 150, u/s151, u/s 153, u/s 231 A, u/s 234, u/s 235, u/s 236 of the Income Tax Ordinance, 2001. 4. Checking 1st duty, 2nd final assessed duty, ETO sea dues Karachi (Sindh Tax), KICT charges & Shipping line charges 5. Funds Management & making Pay Orders to settle these charges before/after assessment 6. Making Vouchers (Cash receipt & payment, Bank receipt & payment), Daily Transaction Report (Receipt & Payment report), Updating & reconciliation of party ledgers 7. Supervision of Job register for clearance, updating file status, daily status summary of jobs 8. Payroll processing, Petty Cash Book and other administrative tasks Naseem Zafar Associates/Tufail Muhammad & Co. / Muhammad Iqbal & Co. Name of organization: Naseem Zafar Associates/Tufail Muhammad & Co. / Muhammad Iqbal & Co. Nature of business: Corporate and Tax Consultants/Audit Firm/Audit Firm Designation: Tax Accountant/Audit Officer Starting date: December 1, 2011Ending date:June, 2015. Core responsibilities: Taxation: Registration of Taxpayer (NTN & STRN) Working of NTR Normal Tax Regime & PTR Presumptive Tax Regime of Individual, AOP, Companies & NGOs. Preparing Income Tax Returns with allowed deductions, Accounting Method used, Exemptions, Losses, Deductable Allowances (including Depreciation), Tax Credits, Minimum Tax, Taxation of Non-Resident persons, Advance Tax paid U/s 147 to 158, U/s 169, Transitional Advance Tax Provisions U/s 231-A to 236. Refunds & Adjustments of Tax in various cases. Review and Submission of Income Tax Returns. Maintain records for Audit (FBR’s Audit) Default Surcharge & Penalty Create payment Challan (Income Tax and Sales Tax) Submission of Monthly & Annual statements u/s 149 & u/s 165. Corresponding with FBR (Some cases, Reply Notices) Reconciliation of accounts with return. SECP Payment Challan and Corporate Return Filing. Book Keeping (Sales Register, Purchase Register & Stock Register) Audit: Vouching of Cash and Bank Books, Sale and Purchase Register, Debtors Ledger, Creditors Ledger, General Ledger so as to authenticate the figures appearing in the Books of Accounts of the client. Verification of Banks Reconciliation Statements, Fixed Assets and Stock Summarizes current financial status by collecting information Preparing Profit & Loss A/c, Balance sheet, Statements of Comprehensive Income, Cash Flow Statements, Statements of Changes in Equity and Notes to Audited Accounts with applicable international accounting standards. Fixed Assets Accounting Substantiates financial transactions by auditing documents. Maintains accounting controls by preparing and recommending policies and procedures. Audit of Business Individuals, Firms, NGOs and Companies Registered under Companies Ordinance 1984. Knowledge of International Accounting Standards and IFRS Ratios and Analytical points on Financials. Toyota Walton Motors Name of organization: Toyota Walton Motors Nature of business: Selling & services Designation: Accountant Starting date: September 2, 2009 Ending date:November 29, 2011 Core responsibilities: Vouching of cash payment/receipt vouchers and bank payment/receipt vouchers Verification of Posting all transactions into teller made accounting software Reconciliation of bank ledgers with firm’ banks accounts and credit card accounts. Preparation of monthly Bank Reconciliation statement, preparation of debtors & Creditors Outstanding list and reporting to Management. Liased with bankers and administered online banking functions. Managed payroll function for 65 employees. Monitored and recorded company expenses. Managed vendor accounts, generating weekly on demand cheques. GL coding to account allocation. Making pay orders against payable creditors, Depositing pay orders, and cheque into company (partnership firm) banks accounts Entering & managing the invoices into Toyota own Software system and handover to owner for registration along with transfer latter & Form, whenever payment is fully made in favor of Toyota Walton Motors and other day to day similar operations. Prepared complex P&L statements, balance sheets and trial balance, managed full cycle accounts payable/receivable and performed month-end closings. Internships: A.F. Ferguson & Co. Name of organization:A.F. Ferguson & Co. Nature of business: Auditing Designation:Audit Intern Starting date: March 26, 2012Ending date: May 21, 2012 Core responsibilities: Vouching of cash & bank payment/receipt vouchers on bases of sample selected Auditing of bank reconciliations against banks statements and pass book of the PASSCO accounts, verification of approval made against payments outstanding Assistant to officers in audit of HR, Purchase and sale functions. The Bank of Punjab (Walton Road Lahore Branch) Name of organization:The Bank of Punjab Nature of business:Banking Company Designation: Bank Intern Starting date: August 05, 2010Ending date:October 05, 2010 Core responsibilities: Understanding of the bank’s overall operation Managed the internal and external mail functions Filling account opening forms, maintaining mail register Assist to bank officer in reconciliation of daily remittances at time of closing, Pay order, remittances forms and cheque filing on request of client, stamping and cancelation of stamping in some cases, and other similar activities as internee. Career Skills / Knowledge: Taxations (Federal… Pakistan) Audit and Accountancy   Income Tax Ordinance, 2001. (Pakistan) with Rules, 2002. Audit Frame Work Strategic Planning Sales Tax Act, 1990 with Rules, 2006 IT Management and Audit & Control Research Methodology Sales Tax Special Procedure Rules, 2007 Financial Statement Analysis Business Management Sales Tax Special Procedure (withholding) Rules, 2007 Quantitative Techniques in Analysis Internal Consulting Punjab Sales Tax Act, 2012 Financial Reporting Lease Financing Punjab Sales Tax Ordinance, 2000 Cost and Management Accounting Payroll Processing Customs Act, 1969 (Pakistan) Financial Management Business Law Federal Excise Act, 2005 with Rules Audit Operations   Practical implications of Tax (FBR) Business Finance Decisions   e.Fbr.gov.pk,IRIS,PRA,Weboc Finance Risk Management   Computer Skills Investment Analysis Other Skills SPSS software (statistical tool) Capital Budgeting Multitasking Microsoft Office 2007 & 2010 (Word, Excel, PowerPoint, Access) Corporate Governance and Law Strong problem-solving & analytical skills Outlook Express Cash Management Project Management Microsoft Windows (XP, 7 & 8) Sarbanes Oxley Compliance Competitive attitude Software & tools Peachthree, Quick book, Tally SPSS software (statistical tool) Hobbies & Interests: Book Reading, News Paper Reading & Internet etc PERSONAL PROFILE: Father Name: ZULFIQAR ALI KHAN Date of Birth: June 20, 1991 Nationality: Pakistani Passport # AT- Domicile: Lahore Religion: Islam Sex Male Marital status: Single Driving license: L.T.V. (Bike and Car) Languages Known: English, Urdu Visa status: -----------------