Tahir Farid, ACA

I am a Chartered Accountant (ACA, ICAP) and the Founder & Office Managing Partner of Tahir Farid & Co., Chartered Accountants, with over 15 years of diversified experience spanning taxation, corporate finance, ERP implementations, and business advisory services. My professional journey includes leadership roles in PwC, US Group, and Amir Rasul & Company, where I worked extensively on taxation compliance, corporate reporting, ERP implementation, and financial strategy. Today, I lead my own firm, providing taxation, audit, and business consultancy services to a wide range of clients, from individuals and SMEs to large corporates. I specialize in: Direct & Indirect Taxation (Income Tax, Sales Tax, PRA/SRB/KPRA compliance) Gulf Taxation, Corporate & VAT Compliances, Transfer Pricing Strategy Audit & Assurance Corporate Law & SECP Compliances Business Structuring & Tax Planning (local and international) ERP Implementation & Internal Controls (Oracle Financials, SAP exposure) Financial & Operational Performance Management I am passionate about helping businesses optimize their financial structures, ensure compliance, and unlock growth opportunities, while mentoring the next generation of finance professionals.

During my tenure at ARCO, I provided end-to-end taxation and corporate advisory services to a diverse portfolio of clients, including corporates, AOPs, SMEs, and individuals. My key contributions included: 🔹 Tax Advisory & Compliance Prepared post-budget & Finance Act briefs and delivered awareness sessions on emerging tax changes. Conducted training sessions on tax compliance and recommended system improvements. Managed tax computation, return filing (Income Tax & Sales Tax), withholding statements, and reconciliations for corporate and individual clients. 🔹 Tax Planning & Structuring Advised on tax-efficient structuring of business transactions, including FDI capital restructuring for thin capitalization compliance. Guided clients on tax exemptions and credits (Income Tax & Sales Tax). 🔹 Corporate Registrations & SECP/FBR Matters Handled SECP & FBR registrations for companies, AOPs, NPOs, funds, and freelancers. Processed SECP corporate filings (capital changes, board restructuring, winding-up compliances). 🔹 Representation & Appeals Represented clients before tax authorities and appellate forums (CIR(A), ATIR). Drafted appeals, submissions, and successfully obtained stay orders against recovery proceedings. 🔹 Tax Disputes & Audits Managed compliance with tax notices, audits, and amendments under Income Tax Ordinance, Sales Tax Act, and Provincial Sales Tax Laws. 🔹 Refunds & Incentives Secured Income Tax and Sales Tax refunds for clients. Supported businesses in obtaining tax credits and exemptions under relevant provisions.

• Working in managerial capacity involved in Business Process Review, Documentation, Analysis & Design of the Group Companies of US Apparel Group and implementation of Oracle EBS.(Oracle Purchasing, Inventory, Financials, Financials Intelligence, Order Management and Oracle Discrete Manufacturing) • Working as liaison between user departments and consultant with addition of prior ERP working experience with the object of successful implementation of Oracle EBS Project.

• Have worked as a Senior Oracle Functional Consultant and team member with 4 plus years of experience of implementation, Upgradation and support of Oracle E-Business Suite Applications [11i, R12] involving Procure to Paycycle (Demand, Ordering, Processing GRN to Invoicing and Payment, WHT Payment Execution) and Financial Statements generation through FSG • Inventory Item MaterData& Setup ( Inventory Organizations, Item & its category structure, sub inventories , Locators, Transaction Types, Lot numbering, item costing, item catalog, Mini Max Planning) and execution of transactions (Inventory Misc. / Account Alias receipts & issuance, Move Order Issue, Inventory corrections, sub inventory & inter org transfers, Outside repair and processing and 3rd party stock conversion).

Auditor / Consultant at Pricewaterhousecooper-PWC ----------------------------------------------------------------- AUDIT SENIOR ----------------------------------------------------------------- Company Industry : Accounting/Auditing Job Role : Accounting/Banking/Finance ----------------------------------------------------------------- PROFESSIONAL EXPERIENCE (RESPONSIBILITY WISE) • In depth Knowledge of International Accounting Standards, Auditing Standards, Corporate Laws, Taxation and Financial Management • Compilation of financial statements in compliance with IFRSs as applicable in Pakistan and Companies Ordinance 1984. • Compliance with applicable statutory legislatures including The Companies Ordinance 1984, Code of Corporate Governance and Stock Exchange Listing Regulations etc. • Carry out audit planning, evaluation of control activities and Audit of the financial statements in accordance with the International Standards on Auditing (ISA) and audit guidelines of PriceWaterhouseCoopers. And also the Evaluation of Internal Control System to identify deficiencies in the system and suggesting remedial procedures through Client Service Report (management letter) to rectify the control weaknesses. • Assistance and recommendations, Assist and recommend the clients of A.F.Ferguson & Co on the significant accounting and reporting issues including recognition, measurement and derecognizing of financial assets and liabilities that interalia includes derivative financial instruments i.e. forwards, options and swaps. • Internal Audit and special assignments including performance of agreed upon procedures and preparing reports as per engagement requirements, relevant laws and International Auditing Standards as applicable in Pakistan. Carrying out a review of Internal Control System and SOX Implementation for organizations.

Auditor / Consultant at Pricewaterhousecooper-PWC ------------------------------------------------------- ORACLE FUNCTIONAL CONSULTANT ---------------------------------------- Company Industry: Consulting Services Job Role : Technology/IT ------------------------------------------------------------------ PROFESSIONAL EXPERIENCE (RESPONSIBILITY WISE) I have gained cumulative ERP knowledge of different industries during my experience at A. F. Ferguson & Co. (a member firm of PWC) • Oracle Implementation, Up-gradation and Help Desk support as an Oracle Functional consultant. • Implementation and maintenance of Oracle ERP suit 11i and R12 • Business Process Review and its documentation involving Business process re-engineering and Analysis in Procure to Pay (Demand, Ordering, Processing GRN to Invoicing and Payment, WHT Payment Execution) and finally generation of Financial Statements through FSG. • Inventory Item Mater Data & Setup ( Inventory Organizations, Item & its category structure, sub inventories , Locators, Transaction Types, Lot numbering, item costing, item catalog, Mini Max Planning) and execution of transactions (Inventory Misc. / Account Alias receipts & issuance, Move Order Issue, Inventory corrections, sub inventory & inter org transfers, Outside repair and processing and 3rd party stock conversion). • Reports discussion with client’s upper management and key users, prepare reports development plan and also assignment of reports to other team members • Personalization on various workbenches. • Performing Reconciliation between sub ledgers to GL. • Data Uploading through Interface Tables and ADIs and Data Loader • Data migration on production environment for “Go Live” • Oracle EBS release upgradation (11i to 12.1.3) on functional side. • Post Implementation Reviews and System Support Moreover capable in handling user training issues (UAT - User acceptance testing).