Accountant
Tahseel- Hadaf Al Haleej Debt Collection L.L.C
Total years of experience :14 years, 3 Months
Preparation of monthly, Quarterly, Half Yearly and Annual Statement of Financial Position (Balance Sheet), Statement of Income Statement of Cash flows and changes in financial position/budget variance analysis.
To ensure proper accounting of the company in accordance with IFRS, including monthly and quarterly close, reconciliation of certain balance sheet accounts, certain monthly postings and review, control over fixed assets coding and accounting.
Prepare Profit Centers Wise Cost & Income Reports and monthly analysis.
Assist in preparation of Annual Budgets and Performance analysis.
Prepare monthly Incentives, Payroll and final settlements, leave settlements & leave encashment for the employees.
Prepare Monthly Bank Reconciliation Statements.
Prepare MIS reports for management and Head office.
Responsible for maintaining the petty cash of the company, International agencies and Subsidiary companies.
Prepare LPO for the goods and initiate the payment proceedings (for advance payments)
Responsible for timely and correct processing of all invoices and expense reports, follow up on vendor and invoice queries, performing vendor payments analysis and follow-up.
Prepare Invoices for banks & commercial clients by reconciling commissions
Daily updating aging of the accounts Receivables / Payables.
Managed accounts receivable processes including payments, review, analysis and follow-up.
Update records for fixed assets and all other financial documents as necessary; Prepare depreciation schedule of fixed assets
Prepare Audit Documents and details for Audit Files and Assist Auditors during Annual Audit.
Investigate, resolve or report to the accounting manager any inconsistencies or improprieties.
Analyzes cash flow, cost controls, expenses and financial statements to guide senior management to pinpoint potential weak areas.
Compilation of Annual and Interim Financial statements (Trial Balance, Balance Sheet, Profit & Loss Account, Cash flow Statement) with full disclosures according to the IFRS and statutory framework.
Extensive application of the International Financial Reporting Standards (IFRS's) and reviewing financial statements to ensure compliance therewith.
Plans financial audits by understanding organization objectives, structure, policies, processes, internal controls, and external regulations; identifying risk areas; preparing audit scope and objectives; preparing audit programs.
Assesses compliance with financial regulations and controls by executing audit program steps; testing general ledger, account balances, balance sheets, income statements, and related financial statements; examining and analyzing records, reports, operating practices, and documentation.
Verifies assets and liabilities by comparing and analyzing items and collateral to documentation.
Completes audit work papers and memoranda by documenting audit tests and findings.
Communicates audit progress and findings by providing information in status meetings; highlighting unresolved issues; reviewing working papers; preparing final audit reports.
Improves protection by recommending changes in management monitoring, assessment, and motivational practices, in the internal control structure, and in operating processes; identifying root causes.
Participate in the planning and research phase of assigned process reviews and projects. Perform business analyses and work assignments.
Analyze and inspect operational and financial information to ensure processes are functioning effectively and efficiently.
Perform qualitative and quantitative analyses. Create flowcharts and graph information. Prepare and analyze spreadsheets to identify specific internal control weaknesses or operational inefficiencies. Conduct statistical analyses.
Prepare working papers with limited guidance and provide input for internal review exception reports in accordance with established Internal Review policies, procedures, and documentation standards.
Perform audit procedures, including identifying and defining issues, reviewing and analyzing evidence and documenting client processes and procedures
Timely preparation of all deliverables to the client that include financial statements and management letters (highlighting control weaknesses and recommendations)
Involve in the preparation of Projection and Forecasts, Monthly, Quarterly and Annual accounts for the clients.
Provide Book keeping services and conduct Cost Audits and Internal Audit assignments which included Revenue Reconciliations, Receivables and Payables Reconciliations, System Audit etc.
Participate in ERP (Oracle & SAP) Implementation assignments.
ACCA
Punjab University
Board of Intermediate and Secondary Education Gujranwala