Sr. General Accountant
Commercial Insurance Brokerage Services LLC
مجموع سنوات الخبرة :16 years, 6 أشهر
• Examining and analyzing accounting records to determine financial status of establishment and preparing financial reports.
• Supervising, directing and reviewing the work of accounting (including but not limited to cash and bank reconciliations, receivable and payable transactions, recording of revenues and expenditures).
• Managing budgets, forecasting and comparing with actual results together with reasoning of variances.
• Preparing monthly management reports for senior management and the board for operational and strategic decision making.
• Sending outstanding statements to customers on routine basis for balance confirmations and collections.
• Making adjustments in outstanding payments with commissions and preparing payments accordingly.
• Verifying, allocating, posting, reconciling transactions and resolving discrepancies.
• Maintaining general ledger (asset, liability, revenue, and expenses), subsidiary accounts; preparing a trial balance.
• Controlling contract maturity dates (Insurance, post-dated checks, rent agreements etc.).
• Maintaining fixed assets register and recording depreciation/amortization of fixed assets & prepayments.
• Reviewing all invoices for accuracy and verify invoices against proof of services supplied.
• Preparing monthly and weekly and daily cash flow/fund flow statements for the planning purposes.
• Developing, implementing and evaluating internal control procedures to safeguard the company’s resources.
• Preparing in house financial statements for audit purposes.
• Preparing payroll, uploading salaries in WPS and ensuring accurate disbursement.
• Calculating end of service benefits (Gratuity) for payment to resigning, retiring and terminated employees.
• Calculating year end provision for end of service benefits (Gratuity) for existing employees and adjusting the provision for resigning, retiring and terminated employees.
• Reporting to Dubai Health Authority (DHA) on interval basis as per guidelines provided.
• Reporting to Insurance Authority on quarterly basis and comply with guidelines for license renewal on annual basis.
• Handling compliance issues with Federal Tax Authority (FTA).
• Computing and posting VAT with all entries of sales and purchase.
• Liaison with external auditor by providing all required schedules to get audit completed on time.
• Liaison with outsourced IT staff for implementation and development of customized needs in Praktora (insurance brokerage software).
• Assisted management in analysis and preparation of financial reports, audits and corporate banking portfolio.
• Maintained fixed assets register stating additions, disposals and depreciations.
• Reconciled banks, associate companies, clients and insurance companies.
• Prepared comprehensive payroll and all kind of vouchers (BRVs, BPVs, CRVs, CPVs, JVs, DNs & CNs) etc.
• Prepared aging analysis in outstanding payments and receipts of company.
• Prepared and monitored domestic and international bank transfers.
• Liaison with banks, auditors, suppliers and clients.
• Reported administrative expenses on monthly, quarterly and annual basis.
• Reviewed and recommended modifications to accounting systems and procedures.
• Prepared cheques for suppliers and made cash payments for daily operational disbursements.
• Allocated, segregated & apportioned the expenses related to sister concern companies.
• Maintained employees’ records & preparation of monthly payroll.
• Managed complete record of advances to staff or suppliers and timely settlement thereof according to company policies and procedures.
• Liaison with external auditor by providing all required schedules.
Major Assignments:
Karachi Gymkhana Country Club - External Audit for 2012 & 2013
Catco Kids - Statutory Audit for 2012 & 2013
Sana Safinaz - Cost & Inventory Audit for 2012 & 2013
Brother Builders & Developers (Pvt) Ltd - External Audit for 2012 & 2013
Mehran Complex - Computation of Tax for 2011 & 2012
Pak College - Statutory Audit for 2011 & 2012
•Prepare and review budget, revenue, expense, payroll entries, invoices, and other accounting documents.
•Analyze business operations, trends, costs, revenues, financial commitments, and obligations, to project future revenues and expenses to provide advice.
•Played active role in assisting the directors in developing of better methods to improve the overall workings.
•Performed bookkeeping jobs, apart from debtors, contract payments, payroll, management accounts and profit and loss.
•Liaison with the banks, creditors, architects and civil engineers.
•Reconciliation of banks.
•Preparation and maintenance of payroll.
•Assisting in taxation consulting.
•To process outstanding bills of third party (Patients of Companies).
•Correspondence with Companies (Companies on AKUH panel and insurance companies)
•Follow ups and collection of outstanding amounts.
•Direct dealing with Patients, Corporate Client, Doctors and other concerned department.
•Keep record of repayment schedule, undelivered letters, class list, and all others documents received by students affair.
CPA (Certified Public Accountant)
CMA (Cost & Management Accounting)
Post Graduate Diploma in Public Accounting (PGDPA)
Masters in Business Administration: From Iqra University in 2011. (Finance)
Graduation (Commerce): From Govt. Commerce College in 2007.