Payables Supervisor
Engro Corporation Limited
مجموع سنوات الخبرة :29 years, 5 أشهر
* Supervise centralized payables function for the whole organization
* I supervise a team and manage local payments of 13 group companies
* Payments are processed on SAP 4/Hana and transferred electronically on bank portals and onward to vendors accounts
Using SAP for recording and reporting of transactions
•Vendors payments
•Accruals
•Scrap Sales
•Withholding Tax Deductions, filing & reporting
•Sales Tax Application
•Vendors' queries
•Employees' queries
•Employees Advances
•Fixed Assets Tagging and Verification
•Secretary to WPPF (Workers' Profits Participation Fund)
•Quarterly Reporting of Budget vs Expenditure and Variance Analysis
•Treasury Functions
•Accounting of Club and Welfare Societies linked with company's CSR
Using SAP for recording and reporting of transactions
•Vendors payments
•Accruals
•Scrap Sales
•Withholding Tax Deductions
•Sales Tax Application
•Vendors' queries
•Employees' queries
•Employees Advances
•Fixed Assets Tagging and Verification
•Secretary to WPPF (Workers' Profits Participation Fund)
•Quarterly Reporting of Budget vs Expenditure and Variance Analysis
•Treasury Functions
Using Oracle for recording and reporting of transactions
•Maintaining complete sales tax records and ensure compliance with sales tax law
•Filing of sales tax monthly and yearly returns
•Reconciliation of sales tax, FED and SFED subsidiary ledgers with general ledger
•Filing for DTRE for import of Ethylene and export of EDC, Caustic Soda and PVC Compound
•After completion of DTRE transactions, filing reconciliations with Customs and getting bank guarantees released
•Custodianship of fixed assets of the entire company
•Fixed Assets additions, deletions, transfers and tagging
•Reconciliation of fixed assets subsidiary ledgers with GL
•Overall responsibility of this position is to cover each and every aspect of company's sales tax and fixed asset matters
•Replying to all FBR, Customs and customer queries regarding sales tax and related matters
•Running Petty Cash at company's plant site and Head Office including receiving and disbursement of all kinds of cash
•Verifying suppliers' invoices on the basis of material receiving reports and purchase orders
•Sending the completed invoices to Head Office for payments and provide status to concerned interfaces
•Keeping scrap sales log
•Assisting Internal Audit with regularly conducted audits of Accounts and different departments
Processing Expansion project purchase invoices
•Allocating appropriate expense and tax general ledger codes on purchase invoices
•Keeping log of supplier's invoices
•Providing status of payment to within the company and outside users
•Coordinating with purchase and warehouse for obtaining necessary documents for payment processing
•Filing of supplier's bills, purchase orders, contracts and material receiving memos in chronological order
•Verification of invoices as per purchase order and contract terms
•Keeping track of advance payments to suppliers and payments related to large contracts and retention amounts
•Processing Payment Invoices of Suppliers / Contractors
•Plant wise break-up of the whole project's expenses
•Carrying out other assignments on need basis for Costing and Finance Depts.
Assisting Head of the department in Finance and Administrative matters
•Running petty cash
•Posting entries to corresponding ledger accounts
•Finalizing financial statements
•Assisted in the audit of different companies
Supervisor - Accounts and Finance
Purchases for the video and audio department
•Customer sales, service and complaints
•Merchandising
•Maintaining all the financial accounts of the store
Managed 3 to 4 departmental stores at different occasions
•Customer Sales and Service
•Merchandising and Display
•Financial and Administrative matters of the stores
•Hiring and firing of employees