Resume-Farhan
- 1. Page 1 JOB OBJECTIVES To secure Managerial position in a leading business organization and use my knowledge and skill to enhance the value of Organization while learn and understand the intricacies of the business. CAREER GOALS My ultimate career goal is to become a Financial Expert with all relevant experience PROFILE SUMMARY Passed Finalist of Chartered Accountancy of Srilanka Reading BSc (Mgt) at Jayewardenepura University (External Degree) 7 years¨ experience in Accounting & Taxation & Internal & External Auditing & Finance Management and HRM WORKING EXPERIENCE Around 7years experience in my financial career, which includes Three Years and Two-Months experience at MNR Associates, Chartered Accountants from 2012 July onward. My designations & works would be as follows. Three & half years¨ experience at ACMI, Chartered Accountants, and Colombo C 04. MOHAMED AHFIL MOHOMED FARHAN Tel: +97466118135 (Qatar Num) E-Mail: farhanzats@gmail.com Visa: Transferable Visa with NOC
- 2. Page 2 Main Job Roles (Both Companies) -Financial Accounting Assignment (Monthly & Annual Basis) -Management Accounting -Annual and Interim Auditing in accordance with International Auditing Standard and other applicable guidelines -Internal auditing & forensic Auditing and Sustainability Reporting -Tax Planning and Tax computation of different Bodies - Financial Management and Advisory -Handing Board of Investment related work and Custom Related Work -Handing HR Matters & Company Secretarial Works -Conducts Training session for foreigners and locals (Details of work performed are provided below) I possess a wide range of experience in different business disciplines such as -Appeal Companies -Textiles Companies -Travel Agent & Hotels -Freight & Forwarding Companies -Bank Branch Audits & Dept Collection Agencies -Investment Portfolio Management companies -Computer Hardware and Software Development Companies -Tea Factory & Tea Exporting Companies -Non Profit organization and Non-Government Organization (NGO) -Construction Companies & Real Estate -Sanitary Item selling companies & General hardware & wall design companies -Fast Foods selling companies & bottle water Companies -Hospital & Pharmaceutical companies and optical -Fish Exporting Companies -Chicken Product selling Companies -Automobile companies -International Schools -Wood importing and cutting and manufacture of furniture Companies -Coconut Oil Exporting and Coconut related Manufacturing companies -security Companies -Jem & Jewellery and Diamond Companies -Telecommunication Companies -Facility Management Companies -Transportation Companies Administration & Management Experience: ? Planning of assignments and ensuring completion within stipulated deadlines. ? Budgeting & Continuous monitoring on the cost of the assignments. ? Direction, supervision and reviewing the work of subordinates to achieve the set goals. ? Communicating and holding meetings with top level management. ? Maintaining good relationships with Audit & Accounting and Other Clients.
- 3. Page 3 Financial Accounting & Operation ? Preparation of financial statements including consolidated financial statements in accordance with International Accounting Standards together with its improvement (IAS & IFRS) ? Management of Debtors CPayment Allocation, Debtors, follow up on outstanding, Factoring, Provisioning, implementing and monitoring of credit policies and regular reviews ? Management of Creditors-Making payment on time (Foreign, Local) the accounts payable turnover days are kept in line with the effective policies, verify payable amounts in invoices against the recorded payable amounts in the system, Creditors Balance Reconciliation, prepare accruals and submit, Monitor due payments, invoice documentation, term and condition negotiation ? Cash and Bank Management-Handing Petty Cash, prepares cash flow reports, and identifies and evaluates variances, Preparation of Bank Reconciliation and credit card reconciliation, Forecasts, monitors and tracks cash flow (weekly, monthly, quarterly etc.), Maintaining relationship with Bankers. Handling Letter of Credit related Work ? Payroll Management- Maintains payroll information by designing systems; directing the collection, calculation, & entering of data, Payment, deduction, etc. ? Management of Fixed Assets- Maintain fixed asset register, Develop Fixed Asset Requisition, Disposal and Transfer policies and procedures, forms for the recordation of fixed assets, Assign tag numbers to fixed assets, conduct periodic physical counts of fixed assets, calculation of depreciation and perform impairment review ? Management of Inventories- Assist in establishing and implementing inventory policies and procedures, perform weekly and monthly physical stock checks and highlight variances to the management, Prepare and distribute daily, weekly, monthly and ad-hoc inventory levels and consumption reports to all the relevant departments, involve in inventory valuation & provisioning, design controls to minimize slow and non-moving inventories and work with dispose of obsolete inventory, ? Management of Revenue and Cost of sale and General expenses &Common Expenses reallocation ? Review and approve payment vouchers and Journal Entries ? Supervise and review month end reconciliations, corresponding TB accounts with GL and Adherence of month end procedures and inter-company reconciliation ? Coordination with Auditors to finalize the Accounts and complete the audit ? Involvement in implementation of Accounting system with IT Professionals Taxation ? Strategic Tax Planning ? Computation & verification of personal and corporate taxes. ? Opening and closing the Tax File ? Computation & verification of VAT, NBT, ESC and Other taxes. ? Coordination and Resolving client tax issue with Inland Revenue Department
- 4. Page 4 Auditing (Internal & External) External Auditing ? Responsibility on planning & performing and reviewing Annual and interim audits in accordance with international auditing standard and other applicable guidelines ? Responsibility to review the audit report and report of deficiencies in internal control ? Responsibly on planning & performing and reviewing of special type of reporting such as Agreed Upon Procedures, Solvency Test, Prospective Financial Statement, Review Engagement and Sustainability Reporting ? Coordinate with subsidiary auditors and parent auditor¨s ? Advices to clients on changes in IFRS & IAS ? Involved with training, managing & appraising staffs Financial Management & Advisory ? Formulation of funding strategy & advice on capital structure ? Preparation and Review of Capital budgeting ? Provide advices on short- and long-term investment policies ? Involving in Merger & Acquisition and Business Valuation ? Working capital Mgt CDebtors, Creditors, Inventories, Cash Mgt ? Forex Management & Interest Rate Risk Management ? Financial due diligence & Advices on restructuring ? Good knowledge in Financial and Commodity Derivatives ? keeping knowledge up-to-date about the economy, current financial news and financial markets (capital markets, Money market, foreign exchange market) ? Good Knowledge in Islamic Finance ? Good knowledge in All laws and fiscal regulations of the country which may affect particular industry Internal Auditing & Governance ? Responsible for executing the Risk Based Internal Audit Strategy for the Company ? Develop a Risk Based Audit Program that reflects key risks and clear understanding of business operations, departmental/ process goals and objectives. ? Performing Financial, Operational and Compliance Audits, as well as Ad-hoc Reviews, which may be requested by Board. ? Evaluate information security and associated risk exposures ? Provides support to the company's anti-fraud programs ? Maintains effective communication with process owners & Senior Management of the Department throughout the engagement. ? Report risk, management issues and internal controls deficiencies identified directly to the audit committee and provide recommendations for improving the organization¨s operations, in terms of both efficient and effective performance ? Prepare and present report of Internal audit results to the Board of Directors & Participating the audit committee meetings
- 5. Page 5 Costing & Performance Management ? Formulation and timely review of Costing System of the organization (Process Costing, Job Costing, Batch Costing, Standard Costing & Variance Analysis and absorption costing and Marginal Costing, Break Even analysis), recommend pricing decision ? Preparation and Review of Management Accounts including Budgets (Annual, Quarterly) and Subsequent Review of variances, provide practical improvement methodologies to management and provide early-warning of cost-overruns ? Setting up KPI for the performance of the companies and subsequent review ? Setting up and Subsequent review of Employees Performance targets (Individual, Group, Division, Department) ? Develop& timely review of procedure for the computation of incentives, Bonus, Retirement Benefits ? Review Financial performance of the organization by using Ratios (Investor Ratios, Gearing Ratios, Profitability Ratios, working capital ratios) and use modern evaluation techniques such as EVA, RI, MVA.Review the other performances of the organization by using Balance Score Card ? Formulate strategies to reduce cost of the organization Key Strengths ? Being an ambitious, highly determined and self-motivated person ? Effective interpersonal communication skills & Team player ? Ability to handle high-pressure situations in a professional and effective manner and taking initiatives in solving problems with strong time management skills ? High proficiency in all aspects of Accounting and Auditing Standards along with practical exposure to application to complex business Scenarios. ? Experience in working with multi-cultural and multi-national professionals and staffs. ? Performance oriented hardworking and strong time management skills QUALIFICATIONS Professional Qualification ? Completed all the papers in chartered Accountancy of Sri lanka except one paper - (CA Passed Finalist) Academic Qualification ? Reading BSc(Mgt) at Jayewardenepura University (External Degree) C Completed first year ? Results of the G.C.E. Advanced Level Examination - 2006 Economics A Business studies A Accounting B ? Completed G.C.E. Ordinary Level Examination - 2003
- 6. Page 6 COMPUTER LITERACY Experience in Computerized Financial Systems ? Thorough knowledge in MS Office package and having hands on experience in Accounting packages such as QUICK BOOK & MYOB & Tally and SAGE ERP ? Successfully Completed MICROSOFT DYNAMIC CERP Course conducted by Institute of CA Sri Lanka ? Knowledge in system used in different Industries CABACUS and AMEDIES system used in Travel industry, SASARA system used in Retail fashion chain, GAAT inventory system ? Completed the Certificate in Computer programming at TEC Sri Lankan LANGUAGE Fluent in English COMPETENCIES Completed Immersion English Course at Oxford College, Colombo 03 Reading TOEFL at Cambridge University Arabic & Hindi & Urdu are started to learn A member in Toast Master Club of Wattala A member in the wattala Swimming Club & Royal College Union Aquatic club PERSONAL DETAILS Age : 28 (NOV 24, 1987) Civil Status : Single Gender : Male Passport Number : N6070854 Religion : Islam Nationality : Srilankan School Attended : Zahira College, Colombo 10 NON-RELATED REFEREE WILL BE PROVIDED ON REQUEST DECLARATION I do hereby certify that the above particulars furnished by me are true and accurate to the best of my knowledge and I do agree that I will abide by the rules and regulations of the organization and do my work to the utmost satisfaction of my superiors. ................................... .......................................... Date Signature M.A.M.Farhan EXTRA CURRICULAR ACTIVITIES