Finance Trainee
K- Electric ( Formerly Karachi Electric Supply Company )
Total des années d'expérience :2 years, 7 Mois
K-Electric Ltd (Formerly Karachi Electric Supply Company)
The company is listed on Pakistan’s all three stock exchanges and is one of the largest utility providers in Pakistan. Having around 11, 600 employees and providing electricity to over 2.2 million consumers.
October’2011 to January’2014
Department: Controlling & Accounts (C & A)
Designation: ACCA Trainee
Job Description:
Overlooked a special assignment of settling over aged good receipts and advances.
Supervising trainees & helping staff with knowledge and gained skills.
Overlooked payments of independent power purchases (IPPs) and procurement of fuel and gas.
Booked provisions on accrual basis through JVs on SAP.
Reversed provisions on SAP through JVs and posted actual liabilities.
Prepared supplier/vendor reconciliations for Management Reporting.
Prepared ageing of provincial/federal duties and IPPs for internal and external reporting.
Maintaining and clearing related general ledger accounts.
Reporting at withholding income taxes deducted by KESC by ensuring compliance with FBRs reporting regulations.
Liaising with external and internal auditors to meet objectives with time constraints.
Verified & processed OSPs payments related to salaries, engineering, plants & software maintenance, software licenses, telecommunication, transportation critically as per contract.
Posted local & foreign payments on SAP; dealt with taxes & created accounting entries for performance bond, penalties, non l.t.u charges & other adjustments.
Verified and posted EOBI & SESSI payments of outsourced staff.
Verified and posted advance payments on SAP and ensured their timely settlements to avoid piling of over aged advances.
Processed & posted refunds for retention money & performance bond
Philips Electrical Industries of Pakistan
The company is a subsidiary of Koninklijke Philips Electronics with headquarters in the Netherlands; Philips employs approximately 116, 000 employees in more than 60 countries worldwide.
July’2011 to October’2011
Department: Accounts
Designation: Accounts Internee
Job Description:
Prepared listings for audited statutory accounts.
Created fixed asset accounts on SAP & opened customer’s accounts on JD Edward’s software.
Prepared tagging for fixed assets & cash vouchers.
Verified & Posted bills.
ACCA Qualified ACCA ( Association of Chartered Certified Accountants)
Applied Accounting Graduate from Oxford Brookes University,UK