Awais Shahid
Finance Officer
Summary
Dynamic finance professional with a proven track record at Shifa Foundation, excelling in budgeting, payroll processing, taxation and enhancing internal controls. Skilled in Sidat Hyder and Oracle NetSuites, adept at optimizing cash flow and managing accounts for over 1500+ employees. Demonstrates strong analytical abilities and leadership, successfully managing teams and improving financial processes.
Overview
10
10
years of professional experience
1
1
Certification
4
4
Languages
Work History
Finance Officer
Shifa Foundation
06.2024 - Current
- Closely monitored budgets to avoid overspending.
- Used various software, such as SIDAT HYDER and ORACLE NETSUITES to track and monitor company finances.
- Managed and independently completed company payrolls, invoices, Taxation and other expenses.
- Calculated, prepared and filed payroll taxes for Employees and Vendor.
- Managed all payroll processing and changes for 1500+ employees.
- Analyzed and assessed incoming invoices, processing them through SIDAT HYDER.
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
- Optimized cash flow management, ensuring timely payment of invoices and reducing outstanding debts.
- Assisted with recruiting, interviewing, and hiring new department employees.
- Enhanced internal control systems and procedures to mitigate risk and support opportunities.
Accounts Manager
Rabt Marketing
09.2023 - 05.2024
- Supervised dynamic corporate accounting team.
- Prepared reports and financial statements to assist management in strategic planning and decision making.
- Managed all payroll processing and changes for 30+ employees.
- Collaborated with associates to improve reconciliation.
- Supported preparation of monthly accounts related to accruals, prepayments and fixed assets.
- Documented account information in company database or proprietary software, monitoring for errors and discrepancies.
- Reviewed and resolved issues to reconcile cash balances daily.
- Completed balance sheet reconciliation within established timeframes.
- Delegated tasks and coordinated workflow to expertly manage accounting team.
Accounts Manager
Ahmed Rafique Construction Company
08.2022 - 08.2023
- Maintain and track all costs related to construction projects
- Review contractors' bills for accuracy and completeness, and approve payment requests
- Review Client bills and process payment
- Process invoices, requisitions, and purchase orders
- Review, approve, and process payroll, expense reports, and time cards
- Research and resolve invoice and billing disputes with contractors
- Audit all accounts against contractual terms, budgets, and time schedules
- Review and approve vendor invoices and subcontractor bills
- Maintain files on the general ledger, assets
- Review project bids and estimates to ensure accurate price quotes and project scheduling
- Prepare and reconcile daily, weekly, and monthly reports and statements
- Prepare data required for taxation
- Control inventory, purchasing, and disposal of supplies
- Maintain all financial records including accounts payable and accounts receivable
- Prepare and manage billings
- Cash handling
- Bank Reconciliation Statements.
Project Accounts Manager
AIRRS Associates (Pvt) Ltd
10.2018 - 07.2022
- Review approved subcontractor billing for accuracy and manage subcontractor compliance with terms and conditions of the contract
- Confirm contract status for new subcontractor billing
- Review and maintain accurate Project Cost Report
- Generate and accurately process monthly billing in a timely manner
- Investigate any unbilled project costs
- Maintain financial project files
- Assist in financial aspects of project close-out
- Additional assignments upon request of accounting supervisors
- Completed 4 Projects successfully
- Cash Handling.
Assistant Accounts Manager
Al Mujtaba Education Trust
03.2017 - 05.2018
- Collaborate with Financial Managers and other team members to successfully execute various accounting tasks
- Maintain company ledgers and daily financial transactions
- Create financial documents such as bills, invoices, pay-orders, payables, receivables and purchase orders
- Identify discrepancies in ledgers and accounts, tracking them to the source and correcting them
- Manage payroll activities and release salaries
- Coordinate and manage payment and billing details of external service providers
- Verify payments and deposits made through the company account and coordinate with the bank
- Create daily reports for management and team members.
Accounts Officer
Fayakoon Group of Companies
05.2015 - 08.2016
- Updated general ledger of accounts with current, accurate, and industry-compliant data to meet all internal and external audit requirements
- Overhauled process for year-end inventory audits to improve accuracy
- Managed all accounting needs and account updates for operations.
Education
MSc. Accounting & Finance - Accounting And Finance
University of Lahore
Islamabad 05.2001 -
Bachelors in Commerce - Commerce
Islamia University of Bahawalpur
05.2001 -
Intermediate in Commerce - Commerce
Superior Group of College
05.2001 -
Skills
Sidat Hyder
Certification
SAP Accounting Module (08/2018)
Hobbies
- Sports
- Travelling
- Eager to learn new Software
Timeline
Finance Officer
Shifa Foundation
06.2024 - Current
Accounts Manager
Rabt Marketing
09.2023 - 05.2024
Accounts Manager
Ahmed Rafique Construction Company
08.2022 - 08.2023
Project Accounts Manager
AIRRS Associates (Pvt) Ltd
10.2018 - 07.2022
Assistant Accounts Manager
Al Mujtaba Education Trust
03.2017 - 05.2018
Accounts Officer
Fayakoon Group of Companies
05.2015 - 08.2016
MSc. Accounting & Finance - Accounting And Finance
University of Lahore
05.2001 -
Bachelors in Commerce - Commerce
Islamia University of Bahawalpur
05.2001 -
Intermediate in Commerce - Commerce
Superior Group of College
05.2001 -
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