Tayyab Loya

Financial Reporting & Compliance:

• Ensured timely and compliant submission of Sindh Sales Tax (SST) payments and documentation to the Sindh Revenue Board (SRB).
• Managed interim and annual financial audits.
• Collaborated with the Head of Finance and CFO to finalize interim and annual financial accounts.
• Included financial trial balances for regulatory compliance on the SECP website.
• Prepared aging reports of client debits and credits for liquid capital reports.
• Created trial balances for the SECP Brokers Liquidity & Assets Segregation Review System (BLASRS).
• Ensured consistent delivery of bi-monthly and monthly client segregation reports.
• Maintained monthly liquid capital and net capital reports.
• Completed past-years reconciliations for the Federal Board of Revenue and Sindh Revenue Board according to compliance dates.
• Managed the authorization and filing of income tax for services and supplies.

Treasury & Banking:

• Managed relationships with banks to ensure timely renewal of running finance facilities.
• Performed bank reconciliations.

Client Management & Oversight:

• Maintained regular oversight of client debit reports.
• Handled day-to-day management of client credit reports.

Payroll Management:

• Managed the preparation and handling of monthly company payroll, ensuring precise calculation of employee salaries and withholding taxes.
• Maintained and managed salary software on the Flow HCM platform, ensuring accurate data entry and reporting.

System & Application Development:

• Worked on Oracle-based Back Connect devoloped by Softech.
• Contributed to the improvement of a stock trading application as a member of the Finqalab IT team.
• Implemented efficient systems to ensure precise tracking of financial accounts at Finqalab.

• Supervised financial transaction bookkeeping in ERP systems and QuickBooks.
• Handle financial operations to ensure smooth banking processes.
• Evaluated Receivable Aging Reports.
• Handle management of vendor balances.
• Guaranteed precise alignment with Sindh Revenue Board's taxation regulations.
• Ensured accurate submission of Section 165 tax forms.
• Managed VAT return processes for a UK-based offshore subsidiary.
• Assist External Auditors in meeting deadlines for Statutory Audit.
• Executed additional tasks as assigned.
• Prepared financial statements in line with international standards of the subsidiary company.

• Responsibilities:
• Worked on Oracle Based Back Connect.
• Ensured timely and compliant submission of Sindh Sales Tax (SST) payments and documentation to the Sindh Revenue Board (SRB)
• Manage Interim and Annual Financial Audit.
• Worked closely with the Head of Finance and CFO to finalize both interim and annual financial accounts.
• Included financials trial balance for regulatory compliance on SECP website.
• Managed relationship with banks to ensure timely renewal of running finance facility.
• Maintained regular oversight of client's Debit Report.
• Handled day-to-day management of Clients' Credit Reports.
• Ensured consistent delivery of client segregation reports, produced bi-monthly as well as monthly.
• Ensured precise calculation of employee salaries and withholding taxes by efficiently managing the preparation and handling of monthly company payroll.
• Maintained and managed salary software on Flow HCM platform, ensuring accurate data entry and reporting.
• Performing Bank reconciliations.
• Managed the authorization and filing of income tax for services and supplies.
• Contributed to the improvement of a stock trading application as a member of the Finqalab IT team
• Implemented efficient systems to ensure precise tracking of financial accounts at 'Finqalab'

• Responsibilities:
• Worked on Oracle Based Back Connect.
• Preparing, Handling and Calculation of Company's Payroll (Monthly Salaries of employees and Withholding taxes on Salaries).
• Supervising the overall day to day operational fund movement to or from Clients.
• Handling of day to day operations of finance department
• Payments and filing of withholding taxes to the Federal Board of Revenue (FBR).
• Payments and filing for Sindh Sales Tax (SST) to Sindh Revenue Board (SRB).
• Performing Bank reconciliations.
• Preparation of Exposure Margin reports, trading limit and cash position report.
• Preparing of Net Cash Inflow/Outflow report at each day end to CEO
• Supervising the overall day to day operational fund movement to or from Clients.

• Responsibilities:
• Updating and recording Vouchers (Bank Payment, Receipt and Journal Vouchers).
• Payments to Clients (Online, Offline, IDS AND NON-IDS, INSTITUTIONS).
• Preparing reports on Microsoft Excel.
• Reporting the Debits of Client to Senior officer.
• Monthly Billing of Brokerage bills.
• Recording of receipt vouchers on daily basis
• Handling payments of utility expensesPayment of Income according to the compliance of FBR.
• Filing of Income Tax according to the compliance of FBR.
• Maintaining Petty cash of Company

• Responsibilities:
• Identify and establish contact with potential customers (Importers/Exporters).
• Respond to client inquires on FX and maintain the corporation's foreign exchange accounts.
• Manage demand and supply of foreign exchange with the market changes and suggesting the clients with the advisory support to investment.
• Performed role of an intermediary to ensure proper settlement of bank transactions relating to foreign exchange.

• Responsibilities:
• Prepare monthly bank reconciliation statements.
• Weekly payment for wages.
• Prepare Profit and Loss Statement and balance sheet on quarterly basis.
• Closing of Accounts on monthly basis including adjustments, supports.
• To submit and maintain Income Tax Return to comply with FBR.
• To file and maintain Tax Return to comply as per regulation of FBR.
• Prepare Profit and Loss Statement and balance sheet on quarterly basis.
• Prepare Report of Company's Investment in shares listed in Karachi Stock Exchange.

• Responsibilities:
• To Prepare all payment/ received vouchers
• Record purchases and sales in to the software.
• Maintain stock inventory in Microsoft excel.
• Prepare monthly bank reconciliation statements.
• To submit and maintain Income Tax Return to comply with FBR.
• To file and maintain Tax Return to comply as per regulation of FBR.
• Dealing with CDC.
• Dealing with all Income tax matters (Including Income tax return, monthly declaration).