Sr Accountant
FoodCo Holding
Total years of experience :12 years, 5 Months
• Supervising overall Accounts of the Separate operational Unit.
• Review and Preparing financial statements,
• Preparation of management accounts and Cash forecasts,
• Analyzing financial reports and establishing control measures based on reports,
• Supervising accounting cycle procedure and verifying that all activities are carried out as per the policies,
• Supervise receivable and payable management
• Review of revenue and expenses; and evaluation of financial data,
• Reporting to management any inconsistence with targets,
• Identifying control weakness in accounting cycle and making recommendation for corrective action, ,
• Co-ordination with other department, management and external stakes holders
• Marinating record of the financial transactions of the company.
• Responsible for handling activities in accounts payable.
• Preparation of supplier payments, reconciliation of supplier statement of accounts.
• Dealing with vendors, maintaining all records of creditors.
• Preparing Creditors and debtor’s policy, Creditors and debtor’s analysis and producing report thereof.
• Supervising accounting cycle procedure and seeing that all activities are carried out as per the policies.
• Checking / verification of all purchase transactions.
• Preparing financial statements Income statement, balance sheet and cash flows.
• Analyzing financial reports and establishing control measures based on reports
• Maintaining records of all expenditure for new projects, new branches.
• Planning / preparation of Audit Plan for all branches / field offices of the Bank.
• Designing / preparing audit scope and guidelines for internal audit teams in the field.
• Reviewing / summarizing internal audit reports received from audit zones, identifying lapses, deviations and weaknesses and reporting to senior management.
• Making recommendations to field offices / branches for early compliance / corrective actions on audit findings.
• Making performance review of audit zones / field offices and preparation of performance evaluation report of audit zones on bi-annual and annual basis.
• Review and updating of audit manual, policy revisions and inclusion of all newly issued instructions of the Head Office.
• Preparation of future action plan of the department and arranging training courses for newly inducted audit 0fficers.
• Preparation of annual budget of Division, “Annual departmental budget for the year 2014 and 2015 have been prepared”.
• Review of budget of field offices, allocation of resources to field offices, coordination with budgeting department regarding allocation of budget to audit zones.
• Variances analysis of expenditure of field offices, producing reports and making recommendation for improvement.
• Producing comparative statements of expenditures on quarter, bi-annual and annual basis.
Fixed Assets Management:
• Updating of fixed assets register (FAR).
• Reconciliation of fixed assets with books of Accounts and with dead stock registers.
• Preparation of quarterly, bi-annually and annually details of fixed assets
• Application of depreciation according to established rates and bank’s policies.
• Testing key controls over the clients’ accounting and business processes.
• Ensuring that financial statements are prepared in accordance with International Financial Reporting Standards and are in compliance with the local laws.
• Drafting of reports including audit reports and management letters highlighting internal control weaknesses and risk involved, business improvement points and suggestions.
• Supervising, coordinating and appraising work of support staff and ensuring that audit objective are efficiently achieved within the agreed time-scale.
• Executing audit procedures including analytical review procedures.
• Trained fresh trainees and junior recruits on audit methodology, audit software and practicalities in auditing, accounting, procedures and processes of companies in various sectors.
• Operational Audit at Muslim Commercial Bank (MCB).
• Operational Audit at Allied Bank Limited (ABL).
• Fixed assets verification, Classification and tagging of Dead stock at National Bank of Pakistan.
• Audit of other activities like expenses, borrowings, at different client
• Worked as a Team Member in different Audits & related assignments
• Performed Stock and cash counts.
ACCA
B.com Commerce Punjab University 2006