Financial, TAX and ERP Manager
KCL Private Limited
Total years of experience :23 years, 10 Months
Finance & Accounting Functions
Directed financial management functions including development of monthly / quarterly financial statements. Financial forecasts and Budgets.
Oversee general accounting functions, including Accounts Receivable/Accounts Payable reconciliations and Specifically Account Payable management with available funds.
Cash management / Cash flow analysis (Forecast v/s. Actual)
Company’s Receivables analysis and collection management to ensure the risk of bad debts or minimize the ratio of uncollectable debts.
Product costing, Job Order Costing and prepare Analysis Overhead Cost Sheet departments / Cost Centre wise. Developed and Oversee Inventory Management System with advance computerize tools
Banks, Corporate & Taxation Accounting Functions
Deals with banks for company imports limit, L/C (Sight and DA 90 days), Contracts and related matters.
Letter of Credit (Local / Foreign) at SIGHT and DA, Bank Contracts.
Review and submission of Monthly Sales Tax Returns and Withholding Income Tax Returns, Tax Audit u/s. 122 & 122 (5A), withholding Monitoring, Advance Tax, Review & Audit of staff and factories Payroll, Advising. Supervise Admin team specifically for labor Laws like SESSI, EOBI, and others.
Imports & Procurement Functions
• Local purchase: Review and Issue local purchase order after obtaining quotations from different suppliers, follow up the items delivery, take items to the stock and forwarding the documents to the account for payment release. Supervision of Inventory process and review and physical audit of quarterly stock reports.
Key Responsibilities
Finance & Accounting Functions
Directed financial management functions including development of monthly / quarterly financial statements. Financial forecasts and Budgets. Oversee general accounting functions, including Accounts Receivable/Accounts Payable reconciliation, and cash management.
Product costing, Job Order Costing and prepare Analysis Overhead Cost Sheet departments / Cost Centre wise.
Banks, Corporate & Taxation Accounting Functions
Deals with banks L/C (Sight and DA 90 days) and related matters, Review and submission of Monthly Sales Tax Returns and Withholding Income Tax Returns, Finalizing & Audit of staff and factories Payroll, Advising Top management of key risk areas and on-going issues.
Imports & Procurement Functions
Local purchase: Review and Issue local purchase order after obtaining quotations from different suppliers, follow up the items delivery, take items to the stock and forwarding the documents to the account for payment release.
Supervision of Inventory process and review and physical audit of quarterly stock reports
Foreign purchase / imports: Request Performa invoice from foreign suppliers after sending the inquiries, if its repeat order the new price will compare with old price and the order will confirm by sending email to supplier as per the Performa number, once the container received to the warehouse and all documents will send to purchase department in order to take items to the stock.
Additional Tasks and Achievements
• Established proper Purchase and Inventory system with document work flows and prepare SOP for Sales, Purchases and inventory.
• As a Management Representative (MR) successfully certified to company ISO 9001-2008 from TUV Austria (formerly Moody International)
Carried out Internal Audit / Verification Vouchers, Primary Books of Accounts(cash, petty cash, purchases and JVS)
Ledger and BRS Scrutiny, Physical Stock taking / Audit (monthly, quarterly and annually)
Preparation of statements relating to statutory payments paid in time.
Preparation of Audit Report, Applicability of Accounting Standards
Conduct Physical Audit / Stock taking of all Stores and Warehouses at different locations
Verification of Supplier Bills through GRN, Purchase Order and after approval of QA department.
Audit of Factory wages and staff Payroll
Preparation of Cash Payments Budget on monthly basis
Work with Operations, Support, IT and other applicable organizations to maintain proper stocking/replenishment levels.
Advising audit section of key risk areas and on-going issues.
Key Responsibilities
Directed financial management functions including development of monthly / quarterly financial statements, financial forecasts, Sales and Cash budgets.
Oversee general accounting functions, including Accounts Receivable/Accounts Payable reconciliation, and cash management.
Preparation of Accounts Receivable Aging Analysis Report
Oversee Collection & Recovery matters from local and foreign clients.
Project / Job Costing & Resource (Developers) Costing.
Administer all financial and Office management systems, evaluating and integrating new applications.
Income Tax & SECP related matters (coordinate with Tax Lawyer).
MS Great Plain 9 and Mango Complete Accounting Software Implementation in Various Clients of following Modules:
Financial Management Module (A/R, A/P)
Purchase order processing & Inventory Management Module
Payroll Module
Oversee general accounting functions, including Account Payable, Payroll, and cash management Garment Division.
Supervised all financial and Garments Division Office management systems, and performed variance analysis in accordance with Budgeted Cost.
Prepared Job order Costing Sheets and Order wise Profit / Loss Statement
Carried out Internal Audit with internal auditors (Stock, Payroll, Wage Rate, and Vendors & Contractors Bills) and submit report to corporate office.
Contractors Accounting / Reconciliation
Key Responsibilities
I was reported to the Supply Chain Manager as well as Director Production / Operations, initially responsible for the centralization & definition of processes for supply chain and implementation of Oracle Purchasing function. My Position has been expanded to be responsible for managing supply chain management (Production, purchasing, fulfillment, planning and supplier management) after resigning of Senior Manager.
Supervision and oversee order flow and fulfillment through contractors, managing and accounting for company owned production material/products, Contractor rate finalization, manufacturing forecast and production build plans.
Essential Job Responsibilities
I have responsible for manage suppliers and negotiated pricing including proposals for fulfillment partners.
Work with Operations, Support, IT and other applicable organizations to maintain proper stocking/replenishment levels.
Participated in internal/external team meetings related to purchasing, production, inventory and planning
Prepared and provided weekly, monthly, quarterly and annual reports as required by Directors.
Company: Adamjee Enterprises, SITE, May 00 - Dec-00
Job Title Supply Chain (Inventory) Officer