Summary
Overview
Work History
Education
Skills
Accomplishments
Social Activities
Job Descriptions
Languages
Timeline
Generic
SHABBIR HUSSAIN

SHABBIR HUSSAIN

Lahore,PB

Summary

Results-driven finance professional with extensive experience in leading financial and audit functions across diverse industries. Proven track record of implementing strategic financial initiatives to drive organizational growth and efficiency. Adept at developing and managing budgets, financial forecasts, and risk management strategies to ensure fiscal responsibility and compliance. Demonstrated expertise in conducting comprehensive audits, identifying process improvements, and implementing robust internal controls. Strong analytical skills coupled with the ability to communicate complex financial information effectively to stakeholders at all levels. Committed to fostering a culture of accountability, transparency, and continuous improvement within the finance and audit teams.

Overview

9
9
years of professional experience

Work History

Head of Accounts & Finance

Elan Facon Private Limited
01.2023 - Current
  • Responsible for financial planning and strategy alignment with organizational goals, developing annual budgets, overseeing accounting functions, ensuring compliance with relevant regulations, managing financial reporting, conducting financial analyses, risk management, internal controls, tax compliance, treasury management, and optimizing organization's financial position.

Manager Internal Audit

Elan Facon Private Limited
06.2022 - 01.2023
  • Responsible for internal audit and taxation, identifying control weaknesses, providing suggestions for improvement, validating legality and achievement of organizational goals, maintaining open communication with management and audit committee, preparing and submitting audit reports, continuous knowledge development in sector-specific regulations, assessing company risks, ensuring legal compliance, and making recommendations to enhance internal controls and governance processes.

Manager Internal Audit and Taxation

Genetics Pharmaceuticals Private Limited
04.2019 - 06.2022
  • Responsible for internal audit and taxation, identifying control weaknesses, providing suggestions for improvement, validating legality and achievement of organizational goals, maintaining open communication with management and audit committee, preparing and submitting audit reports, continuous knowledge development in sector-specific regulations, assessing company risks, ensuring legal compliance, and making recommendations to enhance internal controls and governance processes.

Chartered Accountants Trainee

Maqbool Haroon Shahid Safdar & Co.
04.2015 - 04.2019
  • Update financial information and highlight business’s performance on aperiodic basis to determine level of compliance with relevant statutes, rules, procedures, policies, and regulations.
  • Efficaciously prepare, examine, and analyze periodic financial statements, annual budget, collection and collation of information and reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
  • Complete fixed assets assignment major tasks including, Addition/Deletion/depreciation of fixed assets in companies fixed asset register, preparing monthly fixed assets statement, solving all queries regarding fixed assets.
  • Resolve financial discrepancies of company transactions, examine accounting information; update payables and receivables statements.

Chartered Accountants Training Program

Aslam Malik & Co.
Lahore, Pakistan
09.2014 - 03.2015
  • Review financial records and income statements to determine forms as well as complete tax returns. Appraise annual income tax returns Individual, AOP and companies.
  • Acquire and utilize acute knowledge of direct and indirect tax services in compliance with laws and regulations to the clients as well as monthly reconciliation and recommendations to client for updating their records as per requirement of relevant tax authorities.
  • Utilize key tax knowledge to obtain exemptions certificates from the application of various provisions of the income tax ordinance, 2001, respond to notices issued by federal and provincial tax authorities ensuring compliance with laws.

Education

CA (CFAP) - Financial Management

ICAP
Lahore
12.2023

CA (CAF) - Financial Management

ICAP
Lahore
01.2016

B.COM - Commerce

Punjab University
Okara
01.2010

I.com - Commerce

BISE- Lahore
Okara, Pakistan
01.2008

Matriculation - ART

BISE-Lahore
Okara, Pakistan
01.2006

Skills

  • Internal & External Audit experience
  • Management and external accounts
  • Develop & implement internal control
  • ERP ie SAP B1, Odoo, MS Dynamics 365
  • Cost management
  • Team Management
  • Preparation of Policies & SOPs
  • Business Process Improvement
  • Process Optimization
  • Regulatory Compliance
  • Inventory management
  • Manage and reconcile payables & receivables
  • Cash flow management
  • Budgeting and forecasting
  • Proven working experience of taxation
  • Microsoft Office
  • Business Transformation
  • Communication skills & conflict management
  • Friendly, Positive Attitude
  • Teamwork and Collaboration
  • Multitasking Abilities

Accomplishments

I have achieved significant milestones contributing to the overall financial success of the organization. Notably, I successfully led the implementation of a streamlined budgeting process, resulting in more accurate financial projections and improved resource allocation. This initiative not only enhanced financial planning efficiency but also garnered recognition for excellence in financial management.

Social Activities

  • Reading Books
  • Travelling

Job Descriptions

  • HEAD OF ACCOUNTS & FINANCE, Responsible for financial planning and strategy alignment with organizational goals, this role involves developing annual budgets, overseeing accounting functions, and ensuring compliance with relevant regulations. Manages financial reporting, presenting accurate statements to the executive team, and conducts financial analyses for strategic decision-making. Additionally, responsibilities include risk management, internal controls, tax compliance, treasury management, and optimizing the organization's financial position. Leading and managing the finance and accounting team, fostering a high-performance culture, and collaborating with other departments for alignment with overall business objectives are integral aspects of this role.
  • MANAGER INTERNAL AUDITOR, I lead and control the full audit cycle, ensuring effective risk management and compliance with regulations. I determine audit scopes, identify control weaknesses, and provide valuable suggestions for improvement. Acting as an impartial advisor, I validate the legality and achievement of organizational goals, pinpoint loopholes, and recommend risk aversion measures. I maintain open communication with management and the audit committee, preparing and submitting audit reports. Continuous knowledge development in sector-specific regulations is a priority. I also assess company risks, ensure legal compliance, and make recommendations to enhance internal controls and governance processes. This role requires strong communication, collaboration, and a deep understanding of audit procedures.
  • MANAGER TAXATION, As the Manager of Taxation, I collaborate with the CFO to prepare annual and monthly budgets while effectively managing provincial and federal tax compliance. My responsibilities include forecasting the impact of tax changes on business costs and expenses, providing accurate financial projections through monthly tax provisions, and preparing income tax returns for Individuals, AOPs, and Companies. I ensure compliance with relevant statutes, rules, and regulations by updating financial information and conducting periodic performance evaluations. Additionally, I play a key role in producing necessary workings for external audits and coordinate with Tax Consultants and External Auditors to ensure adherence to the Companies Act, income tax, and sales tax regulations.

Languages

Urdu
Native language
English
Intermediate
B1

Timeline

Head of Accounts & Finance

Elan Facon Private Limited
01.2023 - Current

Manager Internal Audit

Elan Facon Private Limited
06.2022 - 01.2023

Manager Internal Audit and Taxation

Genetics Pharmaceuticals Private Limited
04.2019 - 06.2022

Chartered Accountants Trainee

Maqbool Haroon Shahid Safdar & Co.
04.2015 - 04.2019

Chartered Accountants Training Program

Aslam Malik & Co.
09.2014 - 03.2015

CA (CFAP) - Financial Management

ICAP

CA (CAF) - Financial Management

ICAP

B.COM - Commerce

Punjab University

I.com - Commerce

BISE- Lahore

Matriculation - ART

BISE-Lahore
SHABBIR HUSSAIN