Asad Ali, Chief Accountant

Asad Ali

Chief Accountant

Financials Unlimited

Location
Pakistan
Education
Higher diploma, Advanced Accounting and Business
Experience
9 years, 1 Months

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Work Experience

Total years of experience :9 years, 1 Months

Chief Accountant at Financials Unlimited
  • Pakistan - Abbottabad
  • My current job since March 2019

Monitor accounting operations, which include financial accounting, accounts payable, payroll etc.
Monitor preparation of periodic financial statements and the corporate annual report.
Ensure that financial reports comply with generally accepted accounting principles or financial reporting standards.
Implement training for new hires and identifies training opportunities for current staff.
Implement the system of internal controls over accounting functions to minimize risk.
Evaluate financial statements to streamline daily processes.
Monitor and review accounting and related system reports for accuracy and completeness.
Review budget reports and assists other departments to prepare annual budgets.
Facilitate a swift monthly closure by computing essential factors like tax returns, fixed assets, and ledger data.
Facilitate a smooth yearly audit process through an independent evaluator by providing accurate transactions and balances of the company.
Handle monthly, quarterly and annual closings.
Publish financial statements in time.
Follow the standard operating procedure of national and state finance laws strictly.

Financial Accountant at Financials Unlimited
  • Pakistan - Abbottabad
  • September 2016 to February 2019

Facilitated swift monthly closure by computing essential factors like tax returns, fixed assets, and ledger data.
Facilitated a smooth yearly audit process through an independent evaluator by providing accurate transactions and balances of the company.
Formulated general ledger and closing reports by imputing in-depth details of the firm's transactions.
Followed standard business and finance protocols to disclose the organization's financial reports regularly.
Coordinated with the management and uphold the standard laws and regulations for monitoring, updating, and maintaining fiscal activities.
Coordinated the preparation of the corporate tax return.
Maintained a documented system of accounting policies and procedures.
Complied with local, state, and federal government requirements.
Identified and recommended updates to accounting processes and procedures.
Performed other related duties as assigned.

Assistant Finance Manager at Kohinoor Textile Mills Limited
  • Pakistan - Rawalpindi
  • March 2015 to June 2016

Assisted FM to Manage all finance and accounting processes/systems, tax functions and cash and treasury functions.
Analyzed the business to maximum extent, including profitability analysis by various dimensions, cost management, return on investments.
Worked cooperatively on business plans, budgeting and follow up, and management reporting and information delivery achieves overall goals and timelines.
Communicated with the key decision makers, so that these obtain the critical information necessary to maintain a competitive advantage.
Entered adjusting entries and ensure that control accounts are cleared, and reconciliations are prepared periodically.
Managed daily financial functions in collaboration with accounting and payroll personnel.
Assisted the team for preparation of Cash flow statements.
Prepared VAT return reports.
Assisted in budget preparation and reforecasting exercise.
Any other duties as may be reasonably requested by the Management Team.
Assisted FM for the external and internal audit process as a POC with the auditors.

Education

Higher diploma, Advanced Accounting and Business
  • at Institute of Business Leadership
  • February 2015
Master's degree, ACCA
  • at Institute of Business Leadership
  • December 2014
High school or equivalent, Certified Accounting Technician (CAT)
  • at School of Business & Management
  • March 2010

Specialties & Skills

Corporate Reporting
Financial Analysis
Cost Accounting
Financial Management
Financial Accounting
Internal Audit
Advanced Financial Reporting
Financial Accounting
Financial Analysis
Microsoft Office
Financial Management
Business Analysis
Cost Accounting
Quickbooks

Languages

English
Intermediate
Urdu
Native Speaker

Training and Certifications

Certified Accounting Technician (CAT) (Certificate)
Date Attended:
June 2010
ACCA (Certificate)
Date Attended:
March 2014
Advanced Accounting and Business (Certificate)
Date Attended:
June 2015

Hobbies

  • Astronomy
  • Islamic History
  • Singing
  • Sketching
  • Volleyball
  • Cricket
  • Football