1. Ayyaz Ali Shahid
* House # 135/A, Block B, Tajpura Scheme Cant,
Lahore.
+ E-mail Address: ayzii@live.com
ayazalishahid@gmail.com
( Contact No. +92-321-4748340
( Residence No. +92-42-36637980
CAREER OBJECTIVE
To achieve a challenging and growth oriented position within a Professional environment where I can further
develop and utilize my skills and experience, while making a significant contribution to a progressive
organization.
EDUCATIONAL QUALIFICATIONS
SR. CERTIFICATION / DEGREE INSTITUTION / UNIVERSITY YEAR STATUS
1 ACCA (Finalist) Association of Chartered Certified Accountant 2015 (Finalist)
2 B.COM University of the Punjab, Lahore 2008 1st Division
3 F.Sc Board of Intermediate & Secondary Edu., Lahore 2006 1st Division
4 Matriculation Board of Intermediate & Secondary Edu., Lahore 2004 1st Division
PROFESSIONAL WORK EXPERIECE
Alam Cotton Mills (Pvt.) Limited
From: January 20, 2011 to Present
Senior Accounts Executive:
Major areas of work are as under:
• Reporting to Manager Accounts, Chief Financial Officer, C.E.O. and Directors.
• Assisting Manager Accounts in preparation of monthly, Quarterly and Annual Accounts.
• Monthly visit at Mills site for stock taking and preparation of yield reports.
• Analysis of yield on monthly basis.
• Quantitative reconciliation of stock on monthly basis (Raw material & Finished Goods).
• Comparative analysis of all expenses (Cost of Sales, Admin, Selling and Financial).
• Verification of final settlements of mills workers.
• Aging of receivables and payables.
• Verification of final settlements
• Preparing withholding tax details for payment on monthly basis.
• Involved in implementation of Wizmen ERP System.
2. • Handling insurance matters regarding imports and exports.
• Supervising the recording of purchase and general vouchers.
• Performing import related tasks including:
Ø Dealing with bankers, forwarder, and shipping agents and clearing agents.
Ø Preparation of Letter of Credit and Foreign Telex Transfer documentation.
Ø Negotiating exchange rate on retirement of import documentation with banks.
Ø Preparing costing of imported consignment.
Ø Letter of Credit Establishment including all matters / negotiation with the Bank in this regard
Ø Handling all import matters from LC Establishment till clearing of the consignments.
Ø Liaison with the freight forwarders for arranging shipments.
Ø Close follow up and interaction with the clearing agents for maintaining early clearances of the
shipments.
Ø Keeping a follow up on the upcoming consignments’ arrival.
Ø Regularly preparing reports about all shipments, LCs, PFIs and Orders to brief the Directors on weekly
basis.
Ø Checking and scrutinizing the bills and invoices of clearing agent and freight Forwarders.
Ø Preparing the costing of imported items / products being imported.
Ø Keeping adequate records of correspondence and import files.
Ø Wizmen ERP Entries
• Dealing with Cotton Purchase as a whole including:
Ø Dealing with brokers and ginners regarding cotton purchase contracts.
Ø Making arrangement for lifting cotton bales.
Ø Analysis and reporting of cotton results including lab results, weights and other quality related issues.
Ø Making comparison of cotton rates i.e purchase rate, KCA, NYC and A-Index.
Ø Making arrangements for payments to cotton creditors including tax payments.
Mushtaq & Co.
Chartered Accountants,
(Affiliated with The Leading Edge Alliance Illinois, USA)
Ex-Affiliated with SINCLAIRS, Registered Auditors England)
From: 01 January, 2009 to 19 January, 2011
While working in Mushtaq and Company as an audit trainee, I gained a lot of experience in the fields of
accountancy, audit, management consultancy and book keeping. . Major areas of work included
manufacturing and service concerns. The assignment involved a variety of businesses including the listed
companies. The assignment included the following tasks;
• Involve with audit manager in planning assignments to execute them in effective and efficient manner by
assessing systems to evaluate risk involved at business, financial and operational level.
• Time management and Delegating work to assistants and reviewing their work.
• Understanding, evaluation and recommendations for improvement in Accounting and Internal Control
Systems.
3. External Audit:
Working on external audit as an external auditor:
• Alam Cotton Mills (Pvt.) Limited
• Shadman Cotton Mills Limited
• Ayesha Textile Mills Limited
During the internship I have conduct half yearly review of the following listed companies:
• Sapphire Groups of Companies
• Umar Group of Companies
Ø Bhanero Textile Mills Limited
Ø Faisal Spinning Mills Limited
Internal Audit:
• Evaluation of internal controls designed by management in respect of their effectiveness on periodical
basis.
• Designing effective internal controls on specific demand of management.
• Ensuring contractual compliance in respect of loans and mark-up thereon.
• Preparation of monthly and annually yield reports and other production reports.
• Assist the management in designing different policies of the company.
• Designing standard operating procedures (SOP’s) for different areas of business operations and services
ADDITIONAL SKILLS
Report writing
I have gained noteworthy exposure in report writing and business communication during my stay at
Mushtaq & Company, Chartered Accountants and Alam Cotton Mills (Pvt.) Limited while conducting the
audit and working as a employee and providing consultancy services to various clients, I have prepared
reports for different levels of management within and outside the firm and company, which has given me a
diversified experience in this field.
COMPUTER RELATED SKILLS
A good hand on Ms Excel, Ms Word, Ms Power point, Ms Access, Ms Outlook express, Internet browsing as
well as working on Oracle based software ERP (Enterprises Resource Planning) , Creniam and Wizmen (ERP).
LANGUAGE SKILLS
Urdu and English
HOBBIES & INTERESTS
Information technology, cricket, travelling and current affairs
PERSONEL INFORMATION
Father‘s Name Shahid Ali
Nationality Pakistani
Date of Birth 27-November-1986
Marital Status: Married
