Ass.Financial Controller
Experts International Recruitment Services
Total years of experience :17 years, 2 Months
• Prepare and present Monthly, Quarterly, and Annual reports for top management in accordance with IAS/IFRS and national GAAP
• Supervising all the accounting functions for one of the group company with 120 million turnovers
• Manage the banking facilities of over 20 million to fulfill the working capital requirements
• Communicate with banks and external auditors as a company representative from Finance department
• Prepare Monthly Profit & Loss statement as per each project-Compare with Budgeted Profits of each project
• Assist in preparing the company’s annual budgets and to help business managers track the variances in spending month on month basis
• Overseeing overall finance & accounts functions entailing maintenance of proper accounting system with Focus ERP 9 from Posting till Finalization of Accounts
• Preparing financial statements including statement of Profit or Loss and other comprehensive income, statement of Financial Position, Cash flow and consolidated financial reports.
• Monitoring Accounts Receivables, Payable and Cash Disbursements, and international transactions in accordance with the company policy and internal controls
• Liaison with Banks & Financial Institutions for raising fund & non-fund-based facilities at favorable terms to meet working capital and project requirements
• Planning & budgeting of cash flow on weekly, monthly, Quarterly, and yearly basis
• Monitoring payroll functions for over one thousand employees on monthly basis-Keep a close eye on Cash Flow to make sure Funds are available on Monthly basis to process the Payroll
• Review the current procedures of each department and suggest improvements to make the information flow more efficient
• Ensuring timely and transparent annual audit to give a true and fair view of financial position of the company
• Coordinates with the external auditors and finalize the financial statements prior to obtaining the approval of the top management.
Switch company Financials from TALLY ERP to SAGE ACCPAC 200
• Implement SAGE ACCPAC on five branches of an organization.
• Managing accounting and Financial operations for Financial reporting
• Prepare Financial statements as per relevant accounting standards.
• Oversee executions of Accounts receivable, Payable, Banks and Audit
• Reports directly to managing partner to present Financial analysis, results and develop strategic financial plans.
Budgeting and sales forecasting.
• Deal with Banks, Loans, Trade Facilities and Overdrafts.
• Monthly and Half yearly management accounts and year end closing.
• Accounting application management, trouble shooting, assist team members for the successful running of the accounting application
• Setting up annual targets for the sales team and review it on quarterly basis.
accounting and Financial operations for Financial reporting
• Prepare Financial statements as per relevant accounting standards.
• Oversee executions of Accounts receivable, Payable, Banks and Audit
• Reports directly to managing partner to present Financial analysis, results and
develop strategic financial plans. Budgeting and sales forecasting.
• Deal with Banks, Loans, Trade Facilities and Overdrafts.
• Monthly and Half yearly management accounts and year end closing.
• Accounting application management, trouble shooting, assist team members for
the successful running of the accounting application
• Setting up annual targets for the sales team and review it on quarterly basis.
• Accounts Payable, Weekly list of unpaid due bills, Employees time sheets and
Payroll payment, Issue payments to vendors
• Accounts Receivables, Collections, weekly report of AR, Check all invoices regularly.
• Accounts Audit & Reconciliations, Weekly audit of shipping charges, Monthly ware
house expenses, reconcile daily credit card transactions and posted in QB
• Inventory Management, Stock taking, Issuing PO, Inventory Planning, Orders total.
• Budget creation and Management, Forecasting and variance analysis.
• Charge backs, login daily to monitor the disputed credit card transactions.
• Take initiatives for cost saving and Analysis.
• Set pricing of the product by analyzing the cost and required mark of each item
• Ensure all transactions are posted in the system, maintain chart of account, accurate
online filling of documents.
• Profit & Loss, Balance Sheet, Cash Flow Statement, Trial Balance, Statement of
changes in Equity, Aging analysis, Sales by item, Loan scheduling.
Lead all Accounting work streams (AR, AP, BANKS, EXPENSES, Fixed Assets, Payroll
Taxes, Corporate Matters)
• Review and Compliance of all Monthly and Quarterly reporting.
• Deal with Auditors and regulatory authorities.
• Participate in Monthly, Quarterly and Annual Meetings for Process improvement
• Monitor regulatory requirements of company with Securities and Exchange
Commission of Pakistan
• Assist external auditors and successfully completed the annual audit
• Build a small group of accounting team which provides accounting services to
overseas clients
• Evaluate and design and implement an internal control system
• Set quarterly, half yearly and Annual revenue targets and find out the variances
• Handle Admin related tasks
• Report directly to Managing Partner
Dealing with banks
Payroll
Bank Reconciliations
Tax filling, monthly
quarterly and annual returns
Assets Management
Maintain investment schedules
Dealing with SECP matters
Maintain accounts of two associated companies
Cash Management
Admin related tasks
CAT-ACCA (MEMBER)