RASHID AHMED

Team lead for financial and operation audits of various department and offices of SBP Banking Services corporation

Overseen various divisions such as Securities, Currency Management and Human Resource Management Department and my responsibilities were:

· Pre-audit of all accounts, export re-finance, and various other cases in light of instructions/expenditure regulation /budgetary allocation.

· Manage operations of various Government Savings Schemes

· Cash and Currency Management.

· Human Resource Management of SBP Islamabad.

Posted in NIBAF and worked as Assistant Director Accounts and Finance and my responsibilities were:

· Reviewed accounting policies and procedures and ensure that they were in line with IAS and local laws and regulations.

· Monitored Annual Closing of accounts and liaised with external auditors for statutory audit for expeditious finalization of audited Financial Statements of the Institute.

· Reviewed monthly Financial Statements

· Prepared and periodically monitored NIBAF Annual Business Plan and Budget and set target for annual income/expenditure.

· Prepared statements of accounts showing detail head wise income expenditure for the Management and Board meetings.

· Prepared invoices/bills

· Prepared quarterly half yearly and yearly statements for onwards submission to tax authorities.

· Prepared financial information for decision making for the management.

· Prepared and finalized the accounts of the company.

· Monitored and control the computer system for preparation of accounts.

· On-site inspection of Financial Institutions (DFIs, Banks, Modarabas and Leasing Companies).

· Analysis of their Financial Statements according to International Auditing and Accounting Standards.

· Compliance of SBP rules, regulations, circulars, instructions, and orders issued by SBP from time to time.

Maintained all books of accounts, like JJ, GL, TB P&L and BS along with reconciliation of bank accounts under the supervision of chartered accountants.