WAQAS YOUNAS

• Reconciled balance sheets and income statements each month.
• Analyzed monthly balance sheets, income statements and cash flow information and wrote up reports.
• Evaluated existing accounting systems, identifying areas of improvement for increased efficiency and accuracy.
• Mentored junior finance staff members, fostering a culture of continuous learning and professional development.
• Improved financial accuracy by implementing streamlined processes for budgeting and forecasting.
• Developed comprehensive financial reports for senior leadership, facilitating informed decisionmaking.

Associated for following subjects:

• Fundamental of Cost and Management Accounting (FCMA)
• Financial Accounting and Corporate Reporting (FACR)
• Advance Financial Accounting and Corporate Reporting (AFACR)

• Prepare and analyze income statements, balance sheets, and cash flow statements.
• Provide accurate and timely financial reports to senior management and stakeholders.
• Develop and manage the annual budgeting process with department heads.
• Provide regular financial forecasts and variance analysis.
• Oversee daily accounting activities: accounts payable, receivable, general ledger, and payroll.
• Ensure accuracy and compliance with accounting principles and regulations.
• Manage financial software systems and tools, identifying opportunities for automation and improvement.
• Coordinate and assist in the external audit process. Prepare and submit tax documents, ensuring accurate reporting.
• Supervise and mentor a team of finance professionals, providing guidance, training, and performance evaluations.

• Managed supply chain processes, devised plans, optimized management, and improved annual expenditure value.
• Conducted market research on raw materials, suppliers, and risk mitigation to track competitive pricing and risks.
• Maintained production levels, identified material shortages, and oversaw inventory to meet order delivery.
• Managed requisitions and timely release of purchase orders (POs) to suppliers.
• Collaborated with customs agents to confirm accurate freight duties and bills of lading for shipments.
• Established and improved import process flows per company policies.
• Coordinated shipments from origin to final destination by air and land.
• Calculated costs for project-specific goods/services by gathering information from team, sub-contractors, and vendors.
• Generated monthly variance and import data analysis reports, ensuring on-time delivery and performance.
• Managed and updated databases with important information.
• Addressed and resolved issues, providing knowledgeable support and quality service.
• Standardized job tasks and trained junior staff on best practices and standards.
• Coordinated internal audits and led remediation efforts for identified deficiencies.
• Conducted weekly and monthly MIS reporting, including dashboard and EMT presentations.

• Designed internal control policies to improve audit scores, while conducting information system audits to manage internal controls
• Performed audits of operational and financial areas, and identified gaps in process, procedure, and system controls
• Formulated final reports & audit findings to senior internal audit manager
• Liaised with external partners to complete audits, while presenting audit results to management teams & delivering information in non-technical terms for easy understanding.

• Prepared expense reports, financial statements, and schedules (unearned, fixed assets, etc.) for EFU General Insurance - WTO, including notes to accounts.
• Supervised related party transactions and supported system development for internal control.
• Monitored agency commission, led bookkeeping for head office and branches, and analyzed management expenses monthly.
• Managed the client code system, reviewed debtor/creditor reports monthly, and handled related duties and projects.
• Directed the fixed asset management system, ensuring accurate reporting in financial statements.
• Prepared expense budget reports and designed budget models for departments and the entire company.
• Compared actual to budgeted results, reported significant variances, and ensured timely completion of tasks and budget submission deadlines.