Mohsin Qayyum

Accounts & Taxation Executive | Financial Compliance Specialist
Islamabad, PK.

About

Highly analytical and results-driven Accounts & Taxation Executive with over 4 years of experience in financial record management, tax compliance, and audit support. Proven ability to streamline financial operations, ensure regulatory adherence, and prepare comprehensive financial statements, aiming to leverage expertise in a dynamic organization to drive fiscal accuracy and strategic financial planning.

Work

VICTORY PIPE INDUSTRIES (PRIVATE) LIMITED
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Accounts & Taxation Executive

Islamabad, Pakistan

Summary

Currently leading financial record management, tax compliance, and audit support for a manufacturing firm, ensuring regulatory adherence and accurate financial reporting.

Highlights

Managed daily financial transactions and maintained comprehensive ledgers, ensuring the accuracy and integrity of general accounting functions.

Prepared accurate monthly, quarterly, and annual financial statements, including Balance Sheets, Income Statements, and Cash Flow Statements, for executive review.

Oversaw vendor and customer accounts, performing regular reconciliations to ensure data integrity and resolve discrepancies efficiently.

Conducted thorough bank statement reconciliations, promptly identifying and resolving discrepancies to maintain financial accuracy and control.

Orchestrated month-end, quarter-end, and year-end closing activities, streamlining financial reporting cycles and ensuring timely compliance.

Prepared and filed monthly Sales Tax Returns and Annual Income Tax Returns, ensuring timely submission and adherence to provincial and federal tax laws.

Developed comprehensive working papers for advance tax liability discharge, exemption certificates, and the company's annual Income Tax Return.

Coordinated effectively with external auditors and tax consultants, facilitating smooth audit processes and ensuring robust compliance with SECP regulations.

TMRAC (TARIQ MIAN RAMZAN ARSHAD & CO C&MA)
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Executive Taxation (Litigation & Tax Compliance)

Islamabad, Pakistan

Summary

Provided expert income tax and sales tax consultancy, specializing in litigation, compliance, and return filing for a diverse client portfolio.

Highlights

Managed and responded to complex Income Tax Notices, including withholding and audit notices, for a diverse portfolio of clients.

Prepared and e-filed annual income tax returns and wealth statements for individuals, AOPs, and companies, ensuring 100% compliance with statutory deadlines.

Drafted comprehensive replies to show cause notices issued by provincial and federal revenue authorities (PRA, KPRA, SRB, FBR), mitigating potential penalties.

Prepared and filed appeals against impugned tax orders at both departmental and Appellate levels, successfully advocating for clients' interests.

Conducted accurate tax computations for salaried individuals and prepared final accounts for various entities, including Business Individuals, AOPs, and Companies.

Facilitated the registration of Companies, AOPs, and Individuals for National Tax Numbers (NTN), ensuring proper legal and tax standing.

Applied relevant sections of ITO 2001 and ITR 2002 for effective tax pleading and argumentation, enhancing legal defense strategies.

Performed detailed data analysis and reconciliation to support tax filings and resolve discrepancies, improving data accuracy for clients.

Education

FEDERAL URDU UNIVERSITY OF ARTS, SCIENCE & TECHNOLOGY
Islamabad, Pakistan

M.Com

Commerce

FEDERAL URDU UNIVERSITY OF ARTS, SCIENCE & TECHNOLOGY
Islamabad, Pakistan

B.Com

Commerce

GOVT. HASHMAT ALI ISLAMIA DEGREE COLLEGE
Rawalpindi, Pakistan

I.Com

Commerce

GOVT. BOYS HIGH SCHOOL PRAME KOT MUZAFFARABAD AJ&K
Muzaffarabad, AJ&K, Pakistan

Matriculation

Matriculation

Languages

English
Urdu
Punjabi

Skills

Accounting Software

SAP, QuickBooks, Tax Preparation Software, General Ledger, Accounts Payable, Accounts Receivable.

Financial Reporting & Analysis

Balance Sheets, Income Statements, Cash Flow Statements, Financial Statements Preparation, Bank Reconciliation, Data Analysis, Financial Record Management, Month-end closing, Year-end closing.

Taxation & Compliance

Income Tax, Sales Tax, Withholding Tax (TDS), Tax Planning, Tax Audits, Tax Compliance, FBR Regulations, PRA, KPRA, SRB, SECP Compliance, Tax Litigation Support.

Audit Support

External Audit Coordination, Internal Control, Compliance Audits, Documentation Management.

Office Productivity

Microsoft Office Suite, MS Excel, MS Word, MS PowerPoint.

Interests

Hobbies

Reading Books, Travelling.