Senior Accountant
FALCOR ENGINEERING & CONTRACTING SERVICES LLC
Total des années d'expérience :20 years, 7 Mois
• Finalize division wise monthly consolidated accounts for the Group
• Prepare periodical schedules i.e. fixed assets, prepaid accounts, accruals for proper accounts closing
• Prepare Cash Flow Statement
• Management of Receivables and Payables
• Payroll Processing through WPS
• Review, revise and implement SOPs
• Computation of work in progress for running projects.
• Deal with bank for facilities, Import Loans, Bills Discounting, LCs, TTs and other financing
• Liaison with banks and parties for negotiation
• Ensure proper accounting & Financial system within the group
• Conducting Annual Audits
• Report to Finance Director
• Compile, prepare and present financial statements; balance sheet, P&L and other reports
• Review, analyze and record day to day financial transactions
• Prepare month end schedules including fixed assets, prepaid accounts, accruals, cost allocations
• Reconcile subsidiary ledgers to facilitate timely Month-end, Year End closing of accounts
• Perform bank reconciliation for multiple bank accounts
• Supervise & Control receivables and payables processes and prepare weekly aging reports
• Overall responsible for payroll process through WPS
• Substantiate financial transactions by auditing documents
• Maintain accounting controls by preparing and recommending policies and procedures
• Liaise with auditors for finalization of accounts as per audit formats
• Enhanced the credibility of accounts function by generating accurate and timely Reports
• Facilitate, coordinate, plan and execute all imports.
• Exporting sports material to international market.
• Dealing with banks regarding L/Cs & TT payments (inward/outwards).
• Documentation for applying DTRE scheme, and customs clearance of shipments.
• Picking up shipments from principals' warehouse, and moving through forwarding agents.
• Correspond with government authorities including FBR, customs and chamber of commerce.
• Tracking of all import/export shipments.
• Verification of invoices of shippers / agents & forward to accounts for payment.
• Putting up online queries to the vendors regarding imports.
• Place online orders to principals in international market
• Consider best price, quality, availability, reliability, selection variety & technical support.
• Communicate with sales & services department to learn about the materials requirements.
• Arrange the logistic for all import shipments as per terms and condition of the purchase orders.
• Supervise clearance of the import shipments from sea port, airport.
• Liaison with shipping companies, clearing agents, banks and other parties
• Prepare documentation for opening L/Cs & arranging TT payments
• Keep a track of all import shipment documents
• Shipment based costing / project based costing
• Receive daily activity report from showroom
• Prepare cash book and expense sheets
• Update receivables & payables sheets
• Maintain inventory report on FIFO basis
• Calculate item wise costs of stock items
• Prepare bank reconciliation statements
• Maintain fixed assets schedule
• Prepare financial statements
• Receiving, Storing and issuing of goods and equipment’s.
• Preparation of item wise stock report
• Physical stock check to ensure quantity of goods
• Disseminate the goods in its designated areas.
• Placing & put away of goods properly.
• Checking possible damages or scratches
• Coordinate regarding order compilation & deliveries of stocks to customers and branches
• Apply all safety measures in store premises and display MSDS wherever required.
• Supervise unloading shipments and ensure stacking in a way that facilities issuance
• Responsible for movement of inventories inward/outward and maintaining records
• Recommend disposal of excess, defective or obsolete stock
• Cash receipts & payments, depositing daily cash to bank
• Book keeping, vouching, posting ledgers & preparing periodical statements
• Fee collection, checking receivables fees & follow up for timely collections
• Managing payrolls (monthly basis + daily lecture basis)
• Cash flow statement
• Daily bank reconciliation statement
• Calculation of fines/penalties to students
Completed 3 Stages
MBA - Finance
Secured 100% Marks in Accounting