Asif Ashfaq has over 15 years of experience in accounting, finance, and auditing. He currently works as an Assistant Manager of Accounts at Haleeb Foods Limited, where he supervises accounting activities and monitors cash flow, budgets, and supplier payments. Previously, he worked as an Internal Auditor at Millac Foods, where he reviewed audit files and internal controls, especially regarding milk procurement. He has a Master's degree in Business Administration and is proficient in ERP systems, Microsoft Office, and accounting software.

1. C u r r i c u l u m V i t a é
ASIF ASHFAQ
Contact info Personal information
Home Address : Bader Colony, Date of Birth : April 03, 1981
Pattoki, Religion : Islam
District Kasur Nationality : Pakistani
English, Urdu,
Contact # : +92300 8467160 Languages :
Punjabi
E-mail : asif.ashfaq@haleebfoods.com Martial status : Married
Objectives My ultimate goals are:-
An eloquent & individual equipped with essential theoretical concepts & practical exposure in
the fields of Marketing, Accounting and Finance & Business management. To thrive in an
organization that rewards dedication, hard work and performance; and to keep in touch with
the new developments in the professional arena of business and finance; and to obtain
diversified experiences enabling to fulfill greater responsibilities. Interested in joining a
company, striving for excellence, dynamism and enthusiasm with determination are among
my assets to pursue a successful and productive career in the cosmos of challenges.
Professional Passed MBA (Master in Business Administration) Examinations of the Institute of Institute of
Qualificatio Newports & Economics_ (Karachi) held in Dec 2002
n
M.B.A Feb. 2003
From Newport Institute of Communication & Economics_ (Karachi)
B. Com Jan. 2000
From Punjab University_ (Lahore)
D. Com (Accounts) Apr. 1998
From Government Commerce College_ (Pattoki)
Metric (Science) Mar. 1996
From Muslim Model High School_ (Pattoki)

2. Industry Since February, 2003 to date working in ISO certified company Haleeb Foods Limited. One of the
Experience leading companies in the foods’ industry of Pakistan. After joining the same organization, I
(Feb 2003 developed a reliable and result oriented costing system for better management reporting and has the
to date) following responsibilities.
As a Assistant Manager Accounts
Head Office:-
Haleeb Foods
Limited, o Supervision of all activities of Accounts (MPD) at plant as well as in 32 Sub Zones.
135-Ferozepur o Monitoring of cash flow on daily basis
Road,
Lahore o Monitoring banks status on daily basis to cover short funds
o Responsible for maintaining quantities record of all milk suppliers on daily and monthly basis
Plant:
o Monitoring milk payment on daily, weekly and monthly basis
62-KM, Lahore o Monitoring the payment and cost impact of all milk collection expenses i.e. Transportation,
Multan Road, Bhai chilling and area expenses
Pheru
o Prepare and Monitor whole Milk field Budgeting and Planning
o Milk transit loss / (Gain) statement (Zone and Sub Zone Wise) of Bahi Pheru as well as
Rahim Yar Khan Plant.
o Responsible for the calculation of Landed Cost of Bahi Pheru as well as Rahim Yar Khan
Plant.
o Monitoring data feeding for milk payment to Sub Contractors / Self on daily basis.
o Monitoring banks status on daily basis to cover short funds.
o Monitoring different schemes (Lean Bonus, cream Deduction, Ghee deduction etc.)
announced by MPD.
o Monitoring self and Sub Contractors advances.
o Verification of different expenses as given below: -
1. Transportation expenses of milk
2. Chilling expenses
3. Ice expenses
4. Area Expenses (Rents, Entertainment, Telephone, electricity bills etc.)
5. TA / DA expenses of MPD and Accounts staff
6. Other all MPD related Expenses
o Visiting of Zones / Sub Zones for the purpose of audit.
o Responsible for preparation of milk related reports for audit purpose.
o Responsible for preparation of different reports required by management.
o Assessing the various functions & internal controls, and recommending improvements
especially with respect to Milk Procurements and Payments systems
o A new on line software has been designed with IS Department of controlling and monitoring
o Review and restructure Expenses item coding, mapping and implementation.
o Review supplier master data, mapping with GL and implementation.
o Review and restructure cost centre coding, mapping with GL and implementation.
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3. Industry
Experience As a Internal Auditor
(continued)
 Regularly review of MIS and accounting related to stores, sales, purchase and payments
functions at plant / milk procurement areas
 Ensure timely Management Reporting
 Regularly review, access adequacy and compliance of internal controls and software
requirements and take necessary steps to improve the same (specially in milk procurement)
 Timely reporting of abnormal levels of stores and packing materials
 Decision-making and support to higher management regarding technical issues. Finalize
reports related to MPD Accounting and especially in milk procurement.
 To review the Internal (Milk) Losses report and make suggestions to reduce the same
 To review and calculate Factory Overheads on monthly basis especially in milk procurement
 Monitoring different schemes (Milk Rates, Lean Bonus, Cream Deduction etc) announced by
Milk Procurement Department.
 Visiting Zonal & area Office for the purpose of audit and providing reports to the Management.
 Verification of the existence of company assets and ensuring that controls is in place for
safeguarding them
 Appraising the effectiveness and application of Administrative and Financial controls and
reliability and integrity of the data
 Assessing the various functions & internal controls, and recommending improvements especially
with respect to Milk Procurements and Payments systems
 Responsible for Preparation of report for the Management Information Systems (MIS)
 Responsible for Preparation of Finished Goods Stock Taking Report and Finished Goods write off
reports.
 Provide supports required by Quality Assurance Department, Milk Procurement Department
and HR Department.
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4. Professional
Experience • As Internal Auditor:
(Contd...)
 Advising the management of the condition and accuracy of internal controls
Millac Foods
Pvt Ltd
Lahore
 Reviewed Audit Files especially in milk procurement
Inter Audit
Executive  Completed Milk Procurement Assignments
 Supervised Milk Procurement Audits and Consultancy Assignments
 Monitoring different schemes (Milk Rates, Lean Bonus, Cream Deduction etc) announced by
Milk Procurement Department.
Fields of • Management Accounting
Interest
• Systems Analysis and Design
• Management Information System
• Milk Procurement System
Computer • Capable of learning new software due to interest in Information Technology
Skills
• ERP-Oracle Financial (General Ledger, Payable etc)
• Excellent working knowledge of Microsoft Excel and Microsoft Word
•
• Use Microsoft Power Point for presentations
Hobbies • Reading
• Action Movies
References Reference will be provided if required
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