Muhammad Asif Raziq

• Streamlined the fixed assets management process by implementing new software tools and automation techniques.
• Successfully maintained a high level of organization for both physical and digital assets, allowing for efficient retrieval and management of files.
• Established strong relationships with banks and investors, securing favorable financing terms for business growth initiatives.
• Mentored junior finance staff members, fostering a culture of continuous learning and professional development.
• Increased financial efficiency by streamlining budgeting processes and implementing cost-saving measures.
• Oversaw the preparation of monthly financial statements, ensuring accuracy and timely reporting to stakeholders.
• Advised clients on best practices for maintaining compliance with changing tax regulations, avoiding costly penalties.
• Interviewed clients to obtain additional information on taxable income, deductible expenses and allowances.
• Maximized tax savings for clients by identifying exemptions, abatements, and other applicable incentives.
• Supervised assigned accounting staff to evaluate performance and maintain standards.
• Assessed financial, accounting and operational controllership for both risks and opportunities.

• Accomplished multiple tasks within established timeframes.
• Resolved staff member conflicts, actively listening to concerns and finding appropriate middle ground.
• Maintained updated knowledge of current trends and popular products in the retail industry.
• Managed Company Management Accounts, Assets, Taxation & Payroll. Recently prepared Annual Budget for the period 2023-2024 and get it approved with Management.
• Company Accounts prepared on Monthly bases.  Brief and analytical reviews related changes.
• Pro-actively participate in monthly meeting with senior Management, conducted report financial analysis and also comparative with Budget.
• All Payments verifying, and also manage fund.
• Controls Procedures applying for Inventory & Stock.
• Recommended financial solutions in relation to tax implications.
• Professionally negotiated and dealt with taxpayers in confrontational situations.
• Established solid relationships with taxpayers by addressing inquiries promptly while demonstrating knowledge of current tax laws.
• Filing of Withholding Tax Statement on Iris (FBR web portal) via u/s 165
• Information gathered which ever required for filing WHT Statements on Returns. Such as u/s 149 on Salary, 153 on Supplies & Services and 155 on Rent.
• Working of quarterly Advance Income Tax u/s 147, and Minimum Tax u/s 113.

Full responsibility to maintain all bookkeeping and accounting records and supporting documents of all cash receipts and payments, maintaining electronic backup on data storage devices. Computation & disbursement of Consultants’ and Medical staff salaries and wages of general staff.

Supervising petty cash transactions of cash withdrawals against approved purchase requisitions for medical supplies, kitchen groceries, office supplies, utilities, and other items.

Prepared the annual Operating Budget of The Recovery House, in consultation with the Director of Services, for the approval of the Board of Trustees.

Prepared monthly Bank Reconciliation Statements of bank accounts within the first week of every month. Preparation of Monthly, Quarterly, and Final Accounts for the Board of Trustees through Director of Services and Hon. Treasurer.

Keep regular records of Clients’ personal funds received, and disbursements made there-against. Billing of charges and supplies made to clients, and dispatch of bills to the families on a monthly basis.

Obtain an Exemption Certificate from the FBR.

Compliance on FBR notice against various monitoring and notice.

Computations of Withholding Tax under sections 149, 153, and 155.

Filing of WHT Statements under section 165 as per Income Tax law.

• Streamlined month-end closing process by automating tasks and establishing clear deadlines.
• Mentored junior finance staff, fostering a positive work environment and promoting professional growth.
• Understanding and familiar with Hashoo Group Accounting software SUN (MMF) and FMC. Income Tax and Sales Tax law.
• Compliance on FBR & SRB notice against various monitoring and notice.
• Annually working provide to head office of Income Tax
• Working provide to lawyer of Monthly filing of Sales Tax.
• Calculating Income tax of as per law. u/s 149 , 153 & 236-D
• E-Filing on weekly & monthly on FBR web portal. U/s 149 & 153
• E-Filing on weekly bases Advance Income Tax u/s 236-D.