Nabeel Sattar, Finance and Taxation Manager

About

I am an experienced finance and taxation manager offering my services to assist you. With expertise in financial management, tax compliance, and strategic planning, I can provide valuable insights and solutions to optimize your financial operations.

Experience

System-Crafts SMC-PVT LTD

Apr 2023 – Present

Islamabad, Pakistan

SENIOR VICE PRESIDENT (SVP)

Conducted detailed cost analysis to identify areas of improvement and cost-saving opportunities. Developed and maintained cost accounting systems, processes, and procedures to ensure accurate and timely reporting of costs. Monitored inventory levels, analyzed variances, and reconciled inventory accounts to ensure accuracy and minimize discrepancies. Collaborated with cross-functional teams to gather data, analyze cost drivers, and provide recommendations for cost reduction and process optimization. Prepared and analyzed monthly, quarterly, and annual cost reports, including variance analysis and performance metrics. Assisted in the development of budgets and forecasts by providing cost projections and insights. Conducted financial analysis on product profitability and pricing to support decision-making. Assisted in the implementation of cost control measures and internal controls to mitigate financial risks. Collaborated with external auditors during financial audits, providing necessary documentation and explanations related to cost accounting. Stayed updated with industry trends, regulations, and best practices in cost accounting

Immentia SMC-PVT LTD

Jan 2016 – Mar 2023

Islamabad, Pakistan

Finance and Taxation Manager

Manage and oversee the company's financial operations, including payroll management, budgeting, and financial reporting. Develop and implement accounting policies and procedures to ensure compliance with accounting standards and regulations. Provide financial analysis and advice to senior management to support decision-making. Work closely with government institutions, such as FBR, SECP, PSEB, EOBI, and Excise and Taxation. Handle all banking matters and maintain relationships with top-tier banks. Addressed problems with accounting, billing, and service delivery to maintain and enhance client satisfaction. Successfully formed the company and ensured legal compliance under SECP and FBR. Registered the company for Income Tax (NTN, IRIS, WHT and Yearly Return) and Sales Tax (STRN). Developed a manual process to create transparency for the CEO. Successfully worked on Fiverr, Freelancer.com, LiveZila, Ticket24, AMS portal, Output Messenger, and Outlook. Extensive knowledge of Pakistan's tax laws and regulations. Automated such as Advance Salary, Loan and Payment Requisition modules. Skilled in tax planning, tax compliance, and tax dispute resolution. Filed tax returns for individuals and companies, including income tax and sales tax returns. Prepared and submitted withholding tax statements. Assisted clients in tax audits and appeals.

Mr Kaleem Arshad, (Islamabad Stock Exchange)

Jan 2015 – Nov 2015

Islamabad, Pakistan

Account Receivable Officer

Invoicing: Preparing and issuing invoices to customers for goods or services provided by the company. Payment collection: Tracking and following up on outstanding invoices to ensure timely payment by customers. Record keeping: Maintaining accurate records of all invoices, payments received, and outstanding balances. Reconciliation: Reconciling customer accounts and resolving any discrepancies or issues that may arise. Customer service: Providing excellent customer service to customers in relation to their accounts, including responding to inquiries, providing information on account balances, and resolving any billing disputes. Reporting: Preparing regular reports on accounts receivable activity, including aging reports and cash flow forecasts. Process improvement: Continuously reviewing and improving accounts receivable processes to ensure efficient and effective operations.

Ideatech

Jun 2014 – Dec 2014

Ideatech

Executive Payroll Account Manager

Managing the Payroll Process: Responsible for overseeing and managing the payroll process, which includes collecting and processing payroll information, verifying accuracy, and ensuring timely payment to employees. Compliance: Ensuring compliance with relevant laws and regulations related to payroll, taxes, and employee benefits. Employee Records: Maintaining accurate and up-to-date employee records, including payroll information, tax withholding, and employee benefits. Reporting: Preparing regular reports related to payroll and employee benefits, including financial reports and compliance reports. Benefits Administration: Managing employee benefits programs, including health insurance, retirement plans, and other benefits offered by the company.

Education

Quaid-i-Azam University

Jan 2012 – Dec 2014

Master of Commerce, Account, Finance, Cost and Taxation

Nabeel Sattar

Finance and Taxation Manager

Skills

Languages