Senior Accountant
Urban Developers Associates
Total years of experience :4 years, 4 Months
Supervision & reviewing of all data entered in “Oracle Financial (Customized ERP Accounting Software)”.
Maintenance and supervision of books of accounts, updating and closing trial balance, making adjustments and finalization of accounts.
Preparation of monthly and annual financial statements of the company in accordance with IFRS.
Pre-costing and post-costing of projects and conducting variance analysis to determine difference between projected and actual results and implementing corrective action.
Established accounting function, drafted JDs for team and developed company's financial & operational controls and continually improved policies for efficient operations.
Exposure of liaising with banks to negotiate for financing.
Responsible for accounts payable, receivables, inventory, fixed assets, ensured reconciliations, timely receipt of report and following-up with parties.
Maintenance of payroll function including preparation of salary sheets, calculation of leave salary & post-employment benefits.
Responsible for preparation of monthly operational budget and analyzing & reporting variances at month end.
countable for day to day operation of finance department including supervision & assurance of correctness of vouchers, preparation of bank reconciliation statements, payables ageing, bank and petty cash reconciliations.
Monitoring inventory controls and determining the quantity of stocks to be procured to ensure functioning of all work processes as well as to reduce the working capital investment blocked in inventories.
Preparation & verification of employees’ re-imbursement claims of various expenses as per company policy.
Analysis of financial and operational data to determine deficiencies in control, duplication of efforts, fraudulent activities and compliance with regulatory and management policies.
Find out the observations and preparation of internal audit reports detailing the discrepancies and observations noted in the course of audit and provided recommendations for corrective action.
The tasks performed included variety of assignments including:
(a) Statutory audits including financial and cost audits.
(b) Preparation of individual and consolidated financial statements.
(c) Preparation of audit manuals and audit programs.
(d) Book-keeping and maintenance of accounting function.
Award received from Lahore Branch Council. Award received from Dr. Abdul Qadeer Khan