Tanveer Shahzad

Assistant Manager Accounts

Norinco - GMG – Daewoo • Fulltime

Apr 2025 - Present • 1 yr 6 mos

Key responsibilities: ➢ Lead the preparation, consolidation, and monitoring of annual budgets while analyzing financial performance against approved budgets and reporting variances. ➢ Supported management in forecasting, cost analysis, and financial planning through accurate financial reporting and budgeting models. ➢ Coordinated with cross-functional teams to gather budget inputs and financial data, ensuring data accuracy and completeness. ➢ Evaluated departmental requisitions for compliance with approved budgets and internal financial controls, highlighting and reporting deviations. ➢ Reviewed original documents related to office supplies, operating materials, and JV expenses, verifying legality, authenticity, and accuracy of transactions and supporting documents. ➢ Monitored real-time cost and actual expenditure updates, ensuring dynamic adjustments to variances against budgets. ➢ Managed and supervised the Fixed Assets Register, including capitalization, asset tagging, transfers, disposals, depreciation, and reconciliation with the General Ledger. ➢ Supervised periodic physical verification of fixed assets, coordinated with departments to ensure asset accountability, and investigated and resolved asset discrepancies. ➢ Managed audit, inspection, registration, and economic activities related to various personal ledgers within the enterprise. ➢ Conducted vouching of all financial transactions and maintained accurate accounting records in compliance with applicable accounting standards in Pakistan. ➢ Prepared financial reports and documentation as required by supervisors. ➢ Assisted in the preparation of monthly accounts to support financial reporting and analysis.

Executive Taxation

Norinco - GMG – Daewoo • Fulltime

Jun 2022 - Apr 2025 • 2 yrs 10 mos

➢ Assist Deputy Manager (DM) Tax in managing daily tax matters, including changes in tax law, declarations, analysis, and implementation of tax management policies. ➢ Prepare and review relevant tax vouchers and maintain proper records and filing of tax documents. ➢ Calculate tax deductions on payments to suppliers and ensure timely preparation and submission of withholding tax challans. ➢ Prepare and file monthly Sales Tax Returns (FBR, PRA, SRB) and quarterly Income Tax Statements under Section 165. ➢ Issue Tax Deduction Certificates to vendors and employees as required. ➢ Maintain a list of vendors not registered for Sales Tax and monitor their compliance. ➢ Handle tax matters related to salaries, including preparation of tax workings and reconciliation statements. ➢ Respond to tax notices and assist in litigation and correspondence with tax authorities. ➢ Assist in SECP-related matters, including documentation and correspondence, and maintain physical records. ➢ Provide tax-related guidance to other departments and respond to internal queries. ➢ Ensure compliance with corporate laws and support in related tasks as directed by DM Tax. ➢ Perform other tax-related duties and special assignments as assigned by supervisors.

Accounts Executive

Texo Poly Industries (Pvt) Ltd • Fulltime

Mar 2020 - Jun 2022 • 2 yrs 3 mos

➢ Oversaw day-to-day accounting operations, including Accounts Receivable (AR), Accounts Payable (AP), General Ledger (GL), payroll, and bank reconciliations. ➢ Reviewed and monitored daily transactions of the accounts department to ensure accuracy and efficiency.➢ Ensured all financial and administrative activities were fully compliant with internal policies, procedures, and regulatory standards. ➢ Managed accurate and timely month-end and quarter-end closings within the ERP system. ➢ Reconciled customer and vendor ledgers with company records, investigated discrepancies, and resolved queries promptly. ➢ Supervised key accounting functions, including AP, AR, GL, and tax-related matters. ➢ Prepared and submitted weekly and monthly aging reports on receivables and payables to senior management for effective financial planning and review. ➢ Analyzed financial data to deliver insights supporting strategic business decisions and performance improvement. ➢ Assessed internal control systems and risk management practices, identified gaps, and provided recommendations for improvement.