Adnan Zafar
Address: Dubai, UAE
Availability: Immediately
Email:
[email protected] Cell # +971-50 4181060
Validity: Visit Visa.
PROFESSIONAL SUMMARY
An adaptable and dedicated Accounts & Internal Audit Professional, having Post Graduate (M.com) certification and B.com
graduate from Bahauddin Zakariya University Multan, Pakistan. I have 7+ years of accounting & Internal Auditing experience
in a highly challenging environment which refined my ability to critically evaluate financial data; enhanced my communications
and improved problem-solving skills. I have recently relocated to Dubai to build my career here, apply my knowledge and grow
with the organization.
AREAS OF EXPERTISE
• Corporate Governance • Financial Reporting • Financial Analysis
• VAT & Corporate Tax • Accounts Payable & Receivable • Vendor Reconciliation
• Bank Reconciliation • Inventory Management • Risk Assessment & Management
• Payroll Management • Stock Taking • Cost Control & Reduction
QUALIFICATIONS
• M.com (Master of Commerce) | Bahauddin Zakariya University | Pakistan Post Graduated in 2021
• B.com (Bachelor of Commerce) | Bahauddin Zakariya University | Pakistan Graduated in 2018
CAREER SNAP SHOT
Organization Name Designation Duration
Mahmood Textile Mills Ltd. Assistant Manager Accounts & Finance May 2021 – May 2024 (3 Years & 1 Month)
Asia Poultry Feeds (Pvt.) Ltd. Audit Officer Dec 2019 – April 2021 (1 Year & 5 Months)
ESOLS Engineering Education Equipment Accounts Officer Jan 2017 – Nov 2019 (2 Years & 11 Months)
PROFESSIONAL EXPERIENCE
MAHMOOD TEXTILE MILLS LTD, Multan, Pakistan
Assistant Manager Accounts & Finance
May 2021 – May 2024
Mahmood Textile Mills Ltd. is a Yarn & Fabric Manufacturing Business which is listed in
Pakistan Stock Exchange. My responsibilities here included:
• Financial Management: Monitor and manage the financial activities, including budgeting, financial planning, cash flow
management, and financial analysis. Oversee and manage all aspects of the company's financial operations.
• Accounting and Bookkeeping: Maintain accurate and up-to-date accounting records, including accounts payable and
receivable, general ledger entries, inventory records, and reconciliations. Ensure compliance with accounting principles and
applicable regulations.
• Financial Reporting: Prepare timely and accurate financial reports, including income statements, balance sheets, and cash
flow statements. Present financial information to management and stakeholders, providing insights and recommendations
for improvement.
• Payroll and Benefits Administration: Oversee the payroll process, ensuring accurate calculation and timely payment of
employee salaries, benefits, and taxes. Coordinate with HR to ensure compliance with labor laws and company policies.
• Tax Compliance: Prepare and submit tax returns, ensuring compliance with local, state, and federal tax regulations. Stay
updated on tax laws and identify opportunities for tax optimization.
• Inventory Management: Collaborate with the warehouse store team to maintain accurate inventory records, including
inventory valuation, stocktaking, and reconciliation. Monitor inventory levels, identify discrepancies, and propose strategies
for inventory optimization.
• Financial Controls: Establish and maintain internal controls to safeguard assets, prevent fraud, and ensure financial
accuracy. Conduct regular audits to assess compliance with financial policies and procedures.
• Accounts Payable and Supplier Management: Manage relationships with vendors and suppliers, including negotiating
terms, processing payments, and resolving billing or payment discrepancies.
• Accounts Receivables and Customers Management: Manage relationships with Customers, including negotiating terms,
enter into agreements, follow-up for the receipts and updating of accounts receivables and resolve discrepancies.
• Financial Analysis: Conduct financial analysis and performance evaluations to identify areas for cost reduction, revenue
enhancement, and profitability improvement. Provide recommendations for operational and financial efficiencies.
ASIA POULTRY FEEDS (PVT.) LTD, Lahore, Pakistan
Audit Officer
Dec 2019 – April 2021
Asia Feeds is a Leading Poultry & Cattle Feeds Manufacturing Business. My responsibilities here included:
• Compliance with Internal & External Regulations: To ensure the internal policies of company are being adhered and any
applicable external laws are being followed.
• Internal Audit Planning: Risk assessment based on residual risks approach considering both quantitative and qualitative
factors. Conduct development of audit programs in accordance with the requirements of board of directors.
• Audit Programs: Perform audit procedures, including conducting process and control walkthroughs, developing testing
criteria, reviewing and analyzing data and evidence and identifying and defining issues.
• Internal Audit Execution: Development of working papers and risk registers in accordance with the requirements of
internal audit standards. Conduct internal audit field work execution including controls testing, spot/surprise checks and
interact at the senior management level.
• Internal Audit Reporting: Draft audit reports with recommendations in line with best practices and provide practical
solutions to address observations identified. Explain observations and justify recommendations to the senior management.
• Controls Evaluation: Evaluate the adequacy and effectiveness of accounting and management controls to ensure that valid,
properly authorized transactions are completely and accurately processed.
• Process Compliance: verifying compliance with regulatory requirements and industry standards in the production
department. Identifying and addressing any deviations from established procedures.
• Efficiency and Effectiveness: Evaluating the efficiency and effectiveness of production process. Recommending
improvements to enhance productivity, reduce waste and optimize resource utilization.
• Inventory Management: Reviewing and auditing inventory management practices to ensure accuracy and minimize
discrepancies. Assessing the adequacy of controls in place to safeguard inventory.
• Documentation and Record Keeping: Maintaining detailed records of audit findings, process assessments and compliance
reviews. Ensuring that production that production documentation is accurate, complete and up to date.
ESOLS ENGEERING EDUCATION EQUIPMENT, Multan, Pakistan
Accounts Officer
Jan 2017 – Nov 2019
ESOLS Engineering is a Leading Education Equipments Manufacturing Business. My responsibilities here included:
• Financial Record Keeping: Maintained accurate and organized financial records, including accounts payable and accounts
receivable, to ensure transparency and compliance with company policies.
• Financial Analysis: Conducted financial analysis, such as variance analysis and financial forecasting, to provide actionable
insights and support strategic decision-making.
• Invoice Processing: Efficiently processed invoices, verified accuracy, and coordinated timely payments to vendors, reducing
payment delays and optimizing cash flow.
• Audit Support: Assisted in internal and external audits by preparing necessary documentation, answering audit inquiries,
and ensuring compliance with audit recommendations.
• Credit Control: Monitored customer accounts, tracked outstanding balances, and communicated with clients to facilitate on-
time payments and reduce overdue accounts.
• Expense Reporting: Managed employee expense reports, ensuring adherence to company policies and timely
reimbursement of valid expenses.
• Expense Reduction: Implemented cost-saving initiatives, such as optimizing procurement processes or renegotiating
vendor contracts, resulting in reduced operating expenses.
• Budget Management: Assisted in the creation and monitoring of budgets, identifying cost-saving opportunities, and
ensuring expenses were within budgetary constraints.
Software’s
❖ QuickBooks
❖ ERP (Microsoft AX Dynamix)
❖ Oracle Cloud
❖ Microsoft Office
