S.M FARAZ HUSSAIN

R-35,  Gulistan – e – Johar

Block-15, ST-11, KDA Scheme 36

Behind Income Tax office, Karachi
Contact:       +92-21-34612300

Mobile:         +92- 0300-2376274

Email:            [email protected]
Objective:                           To work in a reputable & congenial environment to acquire the professional knowledge and experience in a productive manner for achieving the goal for development.

Employment History
Company Name:                      Bank Alfalah Limited

Title:                                             Manager Employee’s Funds & Taxation

Post Duration:                           November 2013 to till date

Job Responsibilities

·         Responsible for Onboarding staff(s), review of Pre & Post documentation of new hiring’s, credentials, employment checks (antecedent verification), and references checks, employee confirmations, as per policy.

·         Assisting in payroll processing, along with handling the payroll taxation & ensuring proper tax deduction on payments, submission of deducted tax to the Govt. treasury

·         Provide customer support to staff(s) regarding their salary tax, tax credits & annual tax returns related queries.

·         Handling and submission of monthly & annual tax salary statements through FBR portal.

·         Reconciliation of Bank accounts/statments, monitoring of investment positions & prepare detail for management as required.

·         Handling end service benefits (off boarding), ensuring completeness & correctness of the process along with data management of the settlement and PF withdrawal’s.

·         Ensuring & handling the completeness of Final Settlement / exit process in coordination with staff finance(s) unit, consumer finance before issuance of acceptance & release or services letters.

·         Analysis of data on the basis of exit interviews for rewards and compensation unit.

·         Analysis of leavers’ data, Process & System development.

·         Act as a backup for Sr. Manager Employees Funds & Taxation & any other job assigned by the supervisor.

·         Any other assignment assigned by the management.

Company Name:                      Standard Chartered Bank (Pakistan) Limited

Title:                                             Manager HR Operations

Post Duration:                           11 April 2013 to 11 November 2013

Job Responsibilities

·         Managing Final Settlement unit, issuance of resignation acceptance, initiate recoveries in coordination with Staff Finance, Consumer department, and Leasing & Modarba (Account receivable & payable for Staff) disbursement of approved end service benefits.

·         Reconciliation of final settlement expense on monthly basis.

·         Analysis of leavers’ data in accordance with the system & PeopleSoft.

·         Verification of antecedents.

Company Name:                      MCB Bank Ltd.

Title:                                             Manager SBP Coordination

Post Duration:                           26th Dec 2011 to 10th April 2013

Job Responsibilities

Arrangement of proper documentary evidence/comments from the branch/business on the observations raised by the SBP.
Ensuring compliance of SBP reports & responsible for taking/arranging comments which are not compliant.
·         Ensuring the compliance with branch operations is in line with the policies laid down by the bank.

·         Monitoring & ensuring compliance of SBP Regulatory return along with coordinating with SBP inspection Team.

Title:                                             Manager Settlement & Taxation

Post Duration:                           April 2007 to 23rd Dec 2011

Job Responsibilities

·         Involve & maintaining payroll, Provident Fund along with settlement unit.

·         Disbursement of Funds, initiate recoveries in coordination with Staff Finance & Consumer finance Department.

·         Compliance of relevant tax law & rules applicable in the country as per ordinance on salary taxation, ensuring proper tax deduction from payroll.

·         Preparation of monthly & Annual Statements & Tax reconciliation, resolves tax queries & preparation of calculation as per Income tax ordinance for employees on demand.

·         Review and managing tax credits, adjustment of tax before monthly payroll disbursements as per applicable law’s.

·         Review Staff Finances prior to Divisional Head scrutinize DBR as per Bank Policy.

·         Analysis NPL’s data on monthly basis for SBP reporting.

·         Coordinate with MCB Assets Management Company as an investment facilitator for MCB employee’s.

Company Name:                      Dolphin Media (Pvt) Ltd

Title:                                             Finance Executive

Post Duration:                           October 2006 to April 2007

Company Name:                      Barrett Hodgson Pakistan (Pvt) Ltd.

Title:                                             Secretory (P.A) to Director Q.A

Post Duration:                           September 2005 to September 30th 2006

Company Name:                      Gull Ahmed Textile Mills (PVT) Ltd.

Title:                                             Assistant Color Lab

Post Duration:                           March 2004 to April 2005

Academic Qualifications

1.       Level:                            Master of Business Administration                                                         Year: 2007

Name of Institution:                                                                                                                              University of Karachi

2.       Level                             Bachelor of Commerce                                                                                 Year: 2003

Name of Institution:                                                                                                                              University of Karachi

3.       Level:                            Higher Secondary Certificate (Pre-Eng)                                                 Year: 2000

Name of Institution:               Board of Intermediate Education, Karachi, Pakistan

4.       Level:                            Secondary School Certificate                                                                     Year: 1998

Name of Institution:              Board of Secondary Education, Karachi, Pakistan.

Computer Software

Have good knowledge & working experience of the followings:

·         MS Office

Personal Particulars

Date of Birth:                     1st July, 1982

Nationality:                        Pakistani

CNIC No:                              42201 – 0287764 – 9

Marital Status:                  Married

Projects

·         Coordinate & developed payroll taxation, PF& GF module on Oracle HCM at Bank Alfalah.

·         Strengthen the process for recoveries of consumer finance, centralization of settlement process along with GL Centralization of misc. recoveries at Bank Alfalah. Further, development of controlled MIS’s to strengthen the data base for the reduction of TAT for HR Operations.

·         Coordinated & developed Tax & PF module on SAP HRMS at MCB

·         Handle the New MIS Project as a Project Manager of to update the profiles of all Employees’.

·         Developed an accounting system which includes, Payroll, Account receivable & Account payable along with the Invoice generation & data migration from Quick Book to Oracle based environment at Dolphin Media (Pvt) Ltd, as a Project Manager

Languages:                         Urdu,

English