Farrukh Saleem

Residence  House no 455 Block F Jubilee Town Lahore

Phone  0334 2617025/ 0341-4062257
E-mail  Farrukhsaleem09@gmail.com
Date of Birth 08th October 1989
ACCA Membership 1766271

Personal Profile
A very dynamic and goal oriented finance professional having 5+ years of experience in Audit, Management
Reporting, Budgeting & Variance Analysis, Internal Controls , Compliance and Payments.Wishing to serve
in a fast growing and dynamic organization that can provide me a new challenging position to meet my
competencies, capabilities, skills, education and experience.

Core Competencies
IAS, IFRS, Audit Preparation of Financial Statements Oracle, Navision & SAP
Accounts Payable and Receivables Taxation Financial Management
Fund Accounting, Mutual Funds Budgeting and Variance Analysis Performance Management

Education
BSC Hons Applied Accounting (2014) Passed Bsc Hons with 1stClass Hons (University of Oxford Brookes)
ACCA Member (2015) All 14 Papers of ACCA completed in first attempt in 2011 .Awarded with
ACCA Affiliate (2011) ACCA membership in 2015 from ACCA.
Advance Level (2008) Jinnah Foundation School Lahore (Subject: Subject Accounts/ Business
studies /Economics Grades 3A’s and 1B)
Ordinary Level (2006) MQ Foundation School Lahore (Subject: Subject Accounts/ Business
studies /Commerce Grades 2A’s and 6B’s)

Professional Experience
The Orient Group of Companies
Senior Internal Auditor (Jan-2017-Present)
 Work effectively across the organization; developing, building and maintaining positive productive
relationships with all stakeholders and providing analysis on the significant movement and providing
appropriate justification on it.
 Promote high levels of ethical awareness and conduct within the company investigations of potential ethical
matters or conflicts of interest under supervision. Proactively identify and notify the findings, as
appropriate.
 Ensuring all day to day transaction Purchase requistion , Purchase order , Final vendor payments after
processed within specifc timelines according Company SOP.
 Ensure that the organization and audit department complies with all relevant regulations, laws, and
standards.
 Continuously improve the comprehensive risk based internal audit methodology and execute operational,
and Financial internal audit reviews in line with Corporate methodology to identify control and operational
weaknesses and work with business process owners to create effective management action plans to address
gaps.
 Reconciliation of records entered in SAP with the actual findings at branch offices.
 Preparation of Internal audit reports in accordance with the audit programs implemented and guidelines
provided. Follow up of the implementation of recommendations.
 Inspect account books and accounting systems for efficiency, effectiveness, and use of accepted accounting
procedures to record transactions;
 Perform pre-disbursement audit, cash counts, physical inventories, or other audit procedures as needed to
meet the audit objectives;
 Gather adequate, reliable, related and useful evidence to authenticate audit findings and to maintain the
evidence as record;
 Conflict resolution & effectively managing and dealing with confrontation.
 Checking through SAP System of those Payments received on daily basis after verifying Income Tax
deductions and Sale Tax deduction.
 Recalulate the demurrage and detention charges on all import related bills and suggest ways to minimmise
detention days charged to Organisation .

The Hub Power Company Limited

Finance Officer (Jan-2014-Feb-2015)
 Daily management reporting, providing comprehensive reports on Fuel supplier ageing to the management.
 Analysis on the significant movement and providing appropriate justification on it.
 Maintaining financial process controls, such as verifying that all creditor invoices and purchase orders have
been approved as per the Delegated Authority Limits approved by the Board, reporting any discrepancies.
 Processing through Orcale System of those invoices recieved after cheking appropriate contols
 Prepare Accounts Payable Note , Accounts Payment voucher and Payment letters to pay relevent suppliers.
 Monthly reconciliation of all suppliers balance with the GL department.
 Download Tax payment challans from FBR and distributing to relevent suppliers.
 Prepare Supplier Ageing reports for management and Bank reconciliation.
 Ensure that all the payments are processed accurately and timely as per term & condition of contract and
Pos and within credit terms of suppliers.
 Handling supplier queries regarding Tax deduction and status of the payment.
 Co-ordination and communication with external and internal auditors regarding overall Payment system.

Central Depository Company of Pakistan ltd

Management Trainee Officer (Jun 2013 - Jan 2014)
 Portfolio Reconciliations including book entry securities, physical securities/instrument and securities held
with sub-custodian.
 Tax Calculation, including, withholding tax, FED, Capital gain Tax and electronic submission to authorities.
 Review of financial statements of assigned funds and AMCs.
 Calculation of Net Asset Value of funds and checking its compliances.
 Executing the payments such as tax payment, management fees, corporate actions (dividend payment,
bonus) to relevant parties through RTGS, E-transfers, cheques and other modes.
 To complete IDS and NON IDS Equity transactions and ensuring all the rules and regulation are complied
 To record IDS and Non IDS in Fund Management System & reconcile the reports with Central Depository
System
 To Record Brokerage Payments and Dividend Warrants in FMS.

KPMG Taseer Hadi

Audit Trainee Officer (Dec 2011 - Feb 2013)

 Identified and considered all applicable policies, laws, rules, and regulations of the firm, regulators, or other
authoritative bodies as part of engagement team.
 Documented and validated the operating effectiveness of the clients’ internal control system.
 Performed audit procedures to verify that the client’s financial records present its true financial situation.
 Performed overall financial statements analysis, computation of financial ratios and trend analysis
 Take an active role in audit planning including preparation of audit approach.
 Assigned on a Interim-audit of Saudi Pak Leasing ( Heads verified : Operating Lease and Expenses)
 Assigned on a audit of Fecto Cement (Heads verified : Fixed Asset ,Short term borrowing and Cash & Bank)
 Assigned on a Income certification of MCB Fund ( Heads verified : Management Expenses )
 Assigned on a Audit of Foundation Gas ( Heads verified : Cost of Sales and creditors)
 Assigned on a Audit of Zulfiqar industries limited ( Heads verified : Sales and Debtors )
 Assigned on the task of ensuring Corporate Governance Framework of Zulfiqar Industries Limited.
 Assigned on the various Stock Count & Cash Count of PSO, Agha Khan Medical Institute and Fecto Cement.
 Communicates with client management significant issues and resolutions pertaining to audit findings.
 IT & ERP Proficiency Training Course attended
 Oracle Financials, SAP , Fund Management System & Back office Accounting system for Asset Management
Companies software.
 Advance user of MS Excel, Microsoft Word, and PowerPoint.
 Two month course on Peachtree and excel from Skill development council Karachi in 2012
 Attended 2 days business communication training and Attended 1 day training on Excel Advance.
 Attended three days training on Leadership skills from Karachi School of Business Leadership
 Attended workshop on changes in Finance Act of Pakistan Tax laws from Softax private limited.
 Attended Webinar on Import Export Procedure, Property Valuation Tax , Foreign Accounts Tax Compliance
and Advance Excel training conducted by ACCA.

Achievements
 Won Gold medal for passing all ACCA paper in first attempt from CAMS College.
 Certificate of achievement in paper F2 (91%) from UK ACCA.
 Won certificate in paper F4 ,F5 F7 P2 AND P3 (internal position holder in CAMS )
 Won Merit Scholarship on the basis of O-level and A-Level Grades.
 Passed Bsc hons Applied Accounting With 1st Class Hons.

Additional Information

Other Skills Personal Interest & Activities

 Team Management (Managed team of 3 persons)
& team player
 Pressure handling & time management
 Participation in Business continuity planning
 Participated in overall system improvement
 Excellent communication skills and quick learner
 Can speak English, Urdu, and Punjabi
Music lover
Sports specially Cricket and football
Travelling and keen to know different people
and their cultures
Reading, specially business journals, magazines

References
Will be furnished on request.