About
July 2021 to present: working as Director General (Finance) in Punjab Higher Education Commission (PHEC), a regulatory body for Higher Education Institutions (HEI), with mandate of uplifting the standard of higher education to international level, increasing access and ensuring quality in higher education, promoting relevant research in universities, Promoting Faculty Development Programs to improve teaching excellence, Accreditation function as per rules. My major responsibilities are:
§ Overall financial management, financial controlling, budget preparation of the PHEC.
§ Preparing financial projections for Development projects (PC-1).
§ Coordinate/liaison with government department regarding release of recurring and development grants, including preparation of utilization reports / compliance to their guideline /convents.
§ Official correspondence of the PHEC on all financial matters.
§ Assist in setting financial strategy, financial policy of the institution.
§ Provide regularly adequate information on all financial matters of the PHEC to the commission.
§ Coordinate/liaison with external auditors (Auditor General) and manage/settle institutional audit matters/ paras, attending SDAC and PAC, preparation and submission working papers etc.
§ Supervision and management of Endowment Fund of the PHEC.
§ Assist the PHEC regarding its investment policy and recommending investment options.
§ Assist the PHEC in ensuring effective and efficient procurement as per applicable rules PPRA etc.
§ Managing of all bank related matters.
§ Responsible for overall taxation matters of the PHEC:
o Filing of Returns, Statements and Correspondence with tax authorities.
o Compliance with the instruction of tax authorities.
June 2018 to July 2021: worked as Treasurer/Director Finance (BPS- 20) in University of Engineering and Technology (UET, Lahore), a leading public sector institution with four satellite campuses; the Faisalabad Campus, New Campus (formerly the Kala-Shah-Kaku (KSK) Campus, the Narowal Campus & the Rachna College (RCET), Gujranwala. My major responsibilities were:
§ Overall financial management, financial controlling, budget preparation of the university.
§ Preparing financial projections and conducting financial analyses;
§ Coordinate/liaison with donor agency and government department regarding release of grants and financial aid for running the affairs of the university, including preparation of utilization reports / compliance to their guideline /convents.
§ Official correspondence of the University on all financial matters.
§ Secretary of the Finance and Planning Committee (F&P C) of the university, assist in setting financial strategy, financial policy of the institution.
§ Provide regularly adequate information on all financial matters of the University to the Vice-Chancellor/Senate/ Syndicate/Finance & Planning Committee.
§ Coordinate/liaison with external auditors (Auditor General) and manage/settle institutional audit matters/ paras, attending SDAC and PAC, preparation and submission working papers etc.
§ Supervision and management of GP. Fund/ Pension fund of the university.
§ Look after and deal insurance related matters of the university.
§ Assist the university regarding its investment policy and recommending investment options.
§ Assist the university in ensuring effective and efficient procurement as per applicable rules PPRA etc.
§ Managing of all bank related matters of the university including matters related to foreign currency, including LC cases of the university.
§ Responsible for overall taxation matters of the university:
o Filing of Returns, Statements and Correspondence with tax authorities.
o Compliance with the instruction of tax authorities.
o Assisting in filing personal returns of employees.
November 2016 to June 2018: Worked as Financial Expert in Youth Affairs, Sports, Archaeology & Tourism Department (YASA&T) (Govt. of Punjab). This department oversees operation of its field formation/attached departments/bodies which are Tourism Development Corporation of Punjab (TDCP), Directorate General of Sports, Youth Affairs and Directorate General of Archaeology. My major responsibilities are:
· Overall financial management, financial controlling, budget preparation of the Projects.
· Responsible for overall taxation matters of development projects of Youth affairs operating segment:
o Filing of Returns, Statements and Correspondence with tax authorities.
o Assisting in filing personal returns of employees.
· Conducting financial management assessment of the YASA&T, concluding on the financial management risk rating and identifying measures for addressing identified deficiencies.
· Supporting the preparation and agreement of cost estimates and a financing plan.
· Preparing financial projections and conducting financial analyses.
· Conducting financial evaluations (financial cost-benefit analyses).
· Preparing financial projections in which there is involvement of foreign currency receipts/ payments.
· Review the projects/schemes results and ensure that project is being on the financial parameters as desired and in line with national strategies and donor requirements; and
· Assessing and reaching agreement on financial reporting, auditing and public disclosure arrangements for the project.
July 2010 to October 2016: Worked as Assistant Manager Internal Audit in Punjab Vocational Training Council (PVTC). It is an autonomous body imparting vocational training through establishing Vocational training institute. Obtain funding from provincial government and international donors. My major responsibilities were:
· Prepare/ drafting of internal audit charter and IAM (internal audit manual);
· Represent internal audit department in various management meetings;
· Liaison and work as team member with US AID Internal Audit Consultant;
· Prepare/review working papers required for internal audit. (Audit Programs, checklists);
· Report to management on compliance with reference to procurement rules of the government;
· Report to management on compliance with sales tax and income tax laws;
· Reviewing and approving the planned activities prior to the start of significant fieldwork;
· Preparation of various reports to management;
· Liaison with ERP implementation team regarding internal audit routines (SCARF) in the new system (Oracle Financial and People Soft Campus); and
· Conduct training of Accounts Officers, VTI in charge and Area Manager regarding audit and taxation matters of vocational training institutes.
October 2005 to September 2009: Worked as CA trainee in various functional departments in KPMG Taseer Hadi &Co. (KPMG) Chartered Accountant firm in Pakistan and a member firm of the KPMG International, a Swiss firm. KPMG is among the Big Four.
Audit and Assurance Services had worked in various capacities and also finalize various audit engagements as Audit Senior/Job in charge. I was involved in audit of various manufacturing concern, insurance companies and some micro financing institutions. I had attended various workshops/seminars/training sessions on anti-money laundering regulations/prudential regulations/IFRS/IAS. Major tasks undertaken during this period was:
· Obtaining and documenting knowledge of entity’s business and its environment (planning document).
· Identifying and documenting risky area for audit.
· Preparing overall audit plan (audit strategy) and audit programs of different account head and class of transaction.
· Managing, planning, supervision and review of audits according to the requirement of International Standards on Auditing.
· Communicating with those charged with governance such as drafting engagement letters, Management letters.
· Preparing/Reviewing audit working papers and performing analytical procedures
· Drafting formal audit report and certificates.
· Filing code of corporate governance check lists.
· Assisting and supporting clients in meeting their regulatory requirements.
· Reporting financial data on the format specified by international donors.
IT Advisory Services had worked as Team Led for implementation of Financial Modules (General Ledger, Accounts Payable & Accounts Receivables) and Supply Chain Management Modules (Purchasing and Inventory) of various manufacturing concern. I had also the privilege of being part of first ERP team of KPMG who got ERP training from high profile ERP consultants and international ERP professionals.
Major tasks were:
· Attending meeting regarding IT projects developments and drafting minutes of the meeting.
· Conducting existing system study (AIMS 3 Documentation strategy)) and documenting it.
· Analyzing user requirement.
· Designing and mapping business processes
· Performing gap analysis.
· Creating future process model documents.
· Configuring oracle applications.
· Conduct acceptance testing.
· Conducting End user training.
· Data conversion and validation.
· Providing support.
Tax Consultancy: I had worked on various Income tax and Sales tax related matters of various tax clients of the firm including filing of return, income tax computation, correspondence with in land revenue authorities. I had attended multiple training sessions and work shop regarding taxation laws.
Education
Chartered Accountant
ICAP
2015 — Present