Muhammad Shahbaz Buzdar

JOB DESCRIPTION :

• Assist in Planning for Annual Budgets, development as well as non development for the Dept and ongoing /New Projects.
• Support Executive Officer Accounts and Finance in implementing and developing Polices,Goals and tasks.
• Financial Planning and record keeping as well as financial reporting to higher management.
• Timely approvals and release of funds.
• Calculated Liquidated Damages on late delivery of Services, Supplies and Works on Payments to Contractor.
• Maintain the books of accounts and prepared the vouched accounts for timely submitted in TO and AG Office with reconciliation statements monthly.
• Participate in Tendering process for different technical and financial evaluation to ensured transparency.
• Tax deductions on venders' payments and submitted to SBP-FBR by creating the PSIDs on FBR portal.
• Preparation of PC-1 for the new schemes under the supervision of PSCA Lahore and update the records on SMDP portal of P&D and submit for approval e.g. “PPIC3 Lahore”.
• Opening of LC for Offshore and Onshore payments in EPC Contract.
• Payments of Utilities bills (electricity, gas, internet etc.)
• Preparation and conduct for the annual audit by Auditor General Office.
• Assist in Managing internal & and External audits of Dept.
• Coordinated and Attend meeting of Government Departments(IG office, P&D,FD and AG) for timely release of development and non development funds.
• Coordinated and Ensured from Commercial banks of Authority for deposits of Surety Bonds, tender fees etc.
Keepli>keep Records of Payments of Treasury Office and Commercial Banks in System.

• Maintained accuracy in calculating figures and amounts.
• Assisted clients with budgeting and cash flow management.
• Complied with established internal controls and policies.
• Implemented and regularly reviewed financial controls to generate accurate and reliable financial data.
• Ensured and completely verified all supporting documents(sales tax invoice, Good received Notes, Purchase order,Comparative statement,Quotations) related to payments of different vendors
• Ensured and Verified Vendor tax status(Active or Inactive) before making payments and deducted withholding tax ,GST and PST according to applicable taxes
• Submitted vouched accounts quarter wise to AG office Reconciliation branch on time in order to avoid any delay of funds for issuance of authority to treasury office
• Managed time efficiently in order to complete all tasks within deadlines.

• Assisted with audits of accounts, vouchers and records.
• Assisted with account reviews and preparation for account reviews.
• Preparation of cheques
• Calculating withholding income tax on payments
• Reconcile the payable balance with supplier statement
• Match goods received note and Purchase order with invoices before releasing any payment
• Prepared journals for month-end and year-end processes.

• Identified major risk areas and gaps in internal controls, process notes and risk control matrices to plan and perform audit procedures.
• Partnered with auditors to track errors and add contributions to maintain accuracy.
• Developed understanding of company audit methodology, approach and tools while working under supervision of licensed auditors.
• Assisted in office administration and client communication to help manage auditors' workload.
• Compile and analyze financial information to prepare financial Statements including monthly and annual accounts
• Perform External Audit of our clients
• During Audit, vouched transactions from ledgers on sample basis to ensure transactions valuation,completeness, Right and obligations, existence, classification etc of transactions
• Confirmation of balances from third parties like suppliers,banks etc
• Selected some Bank payments transaction from suppliers ledgers to confirm their payments from bank statements
• Selected some Cash received transaction from customers ledgers to confirm deposit from bank statement
• Checked Expenses are approved supported by documentation
• Selected a sample of recorded expenses and examine proper supporting documents for relevant expenses e.g
• Rent agreements for rent expenses, personal files and payroll for salaries and other allowances etc
• Inquired reasons for major variations.

• Compile and analyze financial information to prepare financial statements including monthly and annual accounts
• Ensure all financial reporting deadlines are met
• Perform External Audit of our clients.
• Collected and reported monthly expense variances and explanations.
• Analyzed information of payments to vendors against contracts to find overpayments, writing claims to retrieve over payments from clients.
• Cooperated with senior leaders to create operating budgets and initiate financial planning.
• Prepared working papers, reports and supporting documentation for audit findings.
• Developed understanding of company audit methodology, approach and tools while working under supervision of licensed auditors.

Tracked financial transactions to update balance sheets with accurate, current information.

• Reviewed statements with staff accountants to inform corporate and individual financial planning.
• Prepared journals for month-end and year-end processes.
• Maintained accurate, up-to-date financial spreadsheets and databases fore reliable reference.
• Assist to senior account officer in payment process of vendors
• Prepared cheque of suppliers
• Verified bills or invoices of vendors
• Ensure the invoices or bills figures are in line with purchase order and good received note