saad iqbal, Fixed Assets & Account receivable executive

saad iqbal

Fixed Assets & Account receivable executive

Hyundai Nishat Motor (Private) Limited

Location
Pakistan - Lahore
Education
Higher diploma, Association of Chartered Certified Accountants
Experience
12 years, 1 month

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Work Experience

Total years of experience :12 years, 1 month

Fixed Assets & Account receivable executive at Hyundai Nishat Motor (Private) Limited
  • Pakistan - Lahore
  • My current job since April 2019

Prepare monthly fixed asset Register. Process assets related transaction in sap.
 Assist manager planning and budgeting related to assets.
 Assist manager finance in preparing management accounting pack.
 Preparation of SOP’S related to assets and inventory management system and issuance.
 Monthly depreciation run process in sap & check process of depreciation is run properly.
 Tagging exercise with technical team on each fixed asset.
 Develop SOPs for all major activities in Fixed Asset Management.
 Physical identification of assets at plant site & dealerships.
 Stock count on random basis and match with sap purchasing group wise or department.
 Give training related to sap FICO, MM, PS, SD etc.
 Auc settlement and creation of assets.
 Review the SAP system and make the process of accounting entries.

In charge Financial Reporting at Descon Engineering Limited (Automation & Control)
  • Pakistan - Lahore
  • August 2016 to July 2018

Preparation of weekly & month management accounts pack.
 Preparation of budget of projects and business unit.
 Maintain fixed assets register on monthly Basis.
 Supervise, plan and coordinate with staff for day to day activities.
 Give sap (FICO, MM, SP etc.) related training to new joiners.
 Vendor ageing report on monthly basis.
 Prepare Customer reconciliations on monthly basis.
Handle project Account payable and Account receivable and assets.

Executive Accounts Assets & GL at Descon Engineering Limited
  • Pakistan - Lahore
  • April 2014 to July 2016

Prepare monthly fixed asset Register. Process assets related transaction in sap.
 Monthly depreciation run process in sap. & check process of depreciation is run properly.
 Assist in the preparation of weekly & month management accounts pack.
 Prepared and managed departmental budgets and issued monthly expense reports of cost centers /departments along with comparatives.
 Preparation of monthly flash report and forecast reports on monthly quarter basis.
 Assist in preparation of statutory accounts individual and group level local and overseas
business areas.
 Reconciliation of Inter company balances & Group company accounts.
 Assist manager finance in preparation of budget and forecast.
 Handle complex accounting of onshore and offshore books.
 Allocation of share service cost and ensures it is accurate and in line with best practice and
business needs.
 Assist treasury manger related to long term loans and short term loan.
 Preparation of loans amortization schedule on timely basis and coordinate with treasury
manger about maturity of mark‐up & loans and payments of loans and mark‐ups.
 Test the scenarios provided by employee in sap quality server and guide them how to process
wok properly.
 Asset capitalization as per company policy and maintain the record of assets.
 Process the complex transactions related to inter company local and overseas.
 Record financial transactions for the company in an accurate and timely way in accordance
with company policies.
 Resolve Sap related issues and give the solutions.

Assistant Executive at Descon Engineering Limited
  • Pakistan - Lahore
  • April 2013 to March 2014

Preparation of monthly intercompany reconciliations corporate vs divisions (Business area).
 Preparation of debit notes and monitor the funds received against debit notes.
 Manage inter‐company month end close activities ‐ identifies final intercompany differences
and prepares adjustments for trade transactions, monitors financial items.
 Manage intercompany at group level and help different business areas to resolve differences.
 Preparation of department cost analysis report on monthly basis and discuss the
departmental head to control the over cost.
 Handle account payable and account receivables thought SAP system.
 Preparation of core vendor reconciliation and coordinate with vendors to reduce the error.
 Preparation of advances (vendor, employees) aging report.
Responsible for preparing 30 bank reconciliation (local and foreign) and fund position monthly
basis.
 Preparation core customer reconciliation and coordinate with customer to minimise the
issues.
 Maintain the travel advances and expenses and give monthly cost analysis report to
departments and project Mangers to control the cost.
 Preparation of vendor and receivable aging analysis.
 Preparation of variance analysis (actual vs. budgeted vs. Forecast).
 Achievement of financial objectives through strong leadership by setting individual targets,
managing performance, developing and motivating staff.
 Core user to implementation of Travel management SAP in Descon engineering ltd in different
local and foreign business areas.
 Preparation reconciliation of 30 intercompany accounts receivable and accounts payable,
identified differences are being resolved.
 Assist the HR department making the policies related to medical, travelling etc.
 Prepared journal entries for recurring transactions, accruals and other accounting
transactions.

internee at descon
  • Pakistan - Lahore
  • August 2012 to October 2012

working on Sap account payable .

Education

Higher diploma, Association of Chartered Certified Accountants
  • at skans
  • June 2020

Pursuing ACCA with a major emphasis on financial reporting, performance management and auditing. ACCA Finalist one paper left

Bachelor's degree, accounting,auditing,cost accouunting,
  • at punjab college of commerce
  • October 2007

Specialties & Skills

sap fico
Accounting
Auditing
Microsoft Excel
microsoft powerpoint
microsoft excel
microsoft word
reconciliations
sap fico

Languages

English
Intermediate

Hobbies

  • reading