Muhammad Asif Farooq
Pakistan
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Muhammad Asif Farooq is a professional with 6.6 years of experience in finance and management. He is skilled in Microsoft Office, including Excel and Word. Based in Pakistan, Muhammad has worked as an Audit Officer at Monnoo Group of Industries in Lahore. He has also held positions in inventory reconciliation, bank reconciliations, and ensuring compliance with company policies. With a strong background in auditing, Muhammad is a valuable asset to any organization.
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Emails and Phone Numbers

@monnoo.com
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About

Professional Work Experience:Organization: Monnoo Group of Industries Lahore - PakistanTenure: April 2017- February 2019Designation: Audit Officer Roles & ResponsibilitiesI was assigned below duties during my service with the company:• Getting actual results of P & L on monthly basis from system after the books are closed and comparing them with approved budgets to prepare report on variances.• Conducting surprise visits at the factories for random stock count & cash count.• Preparing Monthly Purchase Report for the management i.e product wise/country wise etc.• Reviewing the posted transaction of Receivables i.e. Sales invoices/credit notes and receipts from customers to ensure that internal controls are followed before and after posting of transactions in the system.• Reviewing the posted transaction of payables i.e. purchase invoices/debit notes and payments to suppliers to ensure that internal controls are followed before and after posting of transactions in the system.• Responsible for weekly Inventory reconciliation, presenting the results to management.• Checking bank reconciliations prepared by accountants to verify the legitimacy of reconciling transactions.• Verifying payroll & end of service benefits’ calculations to ensure that company’s policies are followed.

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Work Experience

Monnoo House, Lahore, Punjab, 54000, PK

Textile Manufacturing

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Muhammad Asif Farooq's Professional Milestones

  • Audit Officer (2017-03-01~): Implementing thorough audit processes to enhance accuracy and efficiency in financial reporting.

Education

Institute of Cost and Management Accountants of Pakistan (ICMA Pakistan)
Institute of Cost and Management Accountants of Pakistan (ICMA Pakistan)

Financial Accounting & Cost Accounting

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