Head Of Accounting Department
Freshdaily foodstuff trading LLC
مجموع سنوات الخبرة :12 years, 7 أشهر
• Plans, direct and supervises all accounting activities and ensures the implementation as per international financial reporting standard (IFRS).
• Performs the monthly closing of accounts, prepare, and supervise the required statements and reports for management review on time.
• Analyses, explains, and reconciles inventory variances between ledgers and inventory module.
• Ensure Quarterly VAT returns.
• Coordinate between the cost, budget and accounting section to ensure that the data for financial and budget analysis reports.
• Supervisor Customer aging process through reporting, SOA and follow-up.
• External Liaison with external Auditors and bank RM for company related tasks.
• Dealing with all banking matters including TT, LC, IC, LTR & TOD for financing.
• Forecast, budget and review operational performance of company with accountants by generating timely reports.
• Engage in ongoing cost reduction analyses with accountant and related personnel in all areas of company.
• Deal with RM for Bank offer letter for financing facilities and related essential matters for smooth financing operations of company.
• Preparation and implementation of Semi-annually internal audit plan with time deadlines.
• Pre and post audit of all accounting transactions related to payments, receipts and Journal entries.
• Audit of monthly financial scorecard report for management which highlights all components e.g., Revenue, Expenses, Stock, Receivables, etc. which includes monthly reporting based upon key figures, comparison with budget.
• Bank reconciliation statements audit with bank statements.
• Monitoring of approved policies and SOP’s reflection in all processes of departments.
• Audit of stock each month end.
• All kind of civil bills related to constructions and repairs.
• Review the fixed assets register, cost and depreciation.
• Audit of quarterly profit/loss accounts and financial position for management.
• Monthly review of budgets and variances in major heads and reporting to MD.
• Evaluate key risk areas to define audit scope, objectives, and audit approach, from planning to execution of audit engagements.
• Utilize Oracle V-5 software for various data analytics in planning the audit scope.
• Review, approve, and finalize audit work papers completed by audit officer. Ensured audit work papers complied with professional standards.
• Prepare audit reports for Management and Audit Committee.
• Audit of Fees collected from students in each semester and regular check & balance on receivables.
• Composition of SOP’s of Audit team members and Accounting staff.
• Monthly stock take audited report of General, pharmacy, Library & dental stores.
• Ensure complete, accurate and timely audit of all transactions of juniors.
• Working Capital Management of short term operating debts along with payable management.
• Composition of monthly bank reconciliations of 5 bank accounts of the company
• Dealing with all banking matters including TT, LC, IC, LTR & TOD for financing.
• Construct budgets for all restaurants and feasibility reports for foreseeable future.
• Ensure tax returns of Company are prepared and filed correctly on monthly basis.
• Supervision of receivable management on daily basis such as CCM collections and Cash collection.
• Supervision of costing of menu items and recommendation to cost controller.
• Adhoc reporting to management on current financial situation, P&L statements of all restaurants on monthly basis.
• Payroll management and end services benefits on bespoke software (ME PAYROLL) of 200 employees.
• Inventory management and reporting of variances in inventory of all stores and restaurants on monthly basis.
• Preparation of financial statements and trend analyses of financial performance of restaurants.
• Liaison with internal auditor to ensure effective internal control in the company.
• Assistance to external auditor to get the interim audit report as well as annual audit of the company.
• Closing of Accounts by transaction s as per International standards.
• Making vouchers (Journal, Payments and receipts) in Computerized and manual systems.
• Composition of monthly payroll for employees.
• Transactions through banks, reconciliations and daily bank position.
• Auditing of vouchers with inward/outward gate records.
• Understanding of Accounts Receivables and Accounts Payables management system.
• Reconciliations with vendors.
• Construct working capital requirement sheet to cover short term debts
• Computation of sales tax and withholding tax.
Worked at Audit and Advisory department for various clients, my job was auditing and preparation of accounts, review the business processes; identify the risk and recommending improvements. My main client with brief job profile are follows :
Pepsi Cola International Frito Lays as internal audit team member for supply chain flows assessment, weaknesses identification and process improvement.
• Maintain the records of Journal Entries in MS. Excel.
• Reconciliation of transactions through bank statement.
• Dealing and Accounts reconciliations with creditors and debtor.
• Petty cash management.
• I have also achieved Distinction in a professional paper of ACCA and got honorary certificate. • I have completed my ACCA in 2 years in first attempt.
• I have gained Scholarship for 4 years till my Graduation in most famous Punjab Collage of Pakistan
