Raja Muhammad Abdullah Riaz

Key responsibilities

• Managed monthly payroll processing, ensuring accurate and timely disbursement of salaries and deductions.
• Collaborated with tax consultants to accurately calculate, withhold, and remit Income Tax and GST as per legal requirements.
• Reconciled cash, bank, and accounts payable accounts to maintain accurate financial records.
• Overseen petty cash management, adhering to company policies and procedures.
• Planned, executed, and finalized statutory and non-statutory audits to assess financial health and compliance.
• Prepared comprehensive financial statements in accordance with IFRS, adhering to applicable standards and regulations.
• Managed tax correspondence with authorities, preparing necessary documentation for tax audits and appeals.

Key responsibilities

• Prepared and filed timely Sales Tax and Withholding Tax returns, ensuring compliance with statutory requirements.
• Managed all income tax and sales tax notices, including audits, effectively communicating with the Federal Board of Revenue (FBR).
• Provided comprehensive tax compliance and advisory services related to sales tax and SECP regulations.
• Developed strong appeal cases, presenting compelling arguments before the Commissioner of Appeals to successfully resolve tax disputes.
• Strategically secured sales tax refunds through diligent documentation and follow-up.

Key responsibilities

• Prepared accurate and compliant financial statements under IFRS, ensuring adherence to statutory requirements.
• Managed the preparation and timely filing of Sales Tax and Withholding Tax returns.
• Collaborated with tax consultants to ensure accurate income tax filings.
• Maintained the integrity of the general ledger through rigorous journal entry review and robust internal controls.
• Supported financial planning and analysis by contributing to forecasting, budgeting, and variance analysis.

Key responsibilities

• Led diverse audit teams in conducting comprehensive assurance and non-assurance engagements across various industries including Information Technology, retail, media, oil and gas, pharmaceuticals, construction, education, and non-profit sectors.
• Directed the planning and execution of complex external audits in alignment with International Standards on Auditing (ISAs) and local regulatory frameworks.
• Conducted comprehensive financial statement audits to assess compliance with accounting standards and regulations.
• Developed clear and concise audit reports, effectively communicating findings and recommendations to clients.
• Established strong client relationships through effective communication and timely delivery of services.
• Mentored junior associates in audit procedures and techniques, fostering a positive learning environment for professional growth.
• Evaluated internal controls to identify potential risks and weaknesses in financial reporting.
• Provided value-added recommendations to improve client operations and mitigate risks.