Senior Payroll Executive
KHIDMAH LLC
مجموع سنوات الخبرة :20 years, 0 أشهر
Successfully implemented a new business Process that streamlined the reporting procedures, reducing the human errors.
•Responsible for the development and implementation of Payroll operation policies to ensure that the company is in compliance with all the country rule and regulation.
•Responsible for the accurate interfacing of all payroll journals to the general ledger application.
•Successfully created, reviewed and distributed various payroll reports to support financial projections, audits, HR review and compliance issues.
•Conducting training for all employees on processes related to the time entry system.
•Successfully developed and implemented internal control that greatly reduced the risk of misappropriation of company assets.
•Execution of complete payroll process from start to end including financial posting.
• Review of GL's accounts on monthly and compared with Budget and forecast and discuss the variance with management.
• Review the Reconciliation of GL/Suppliers and Vendors accounts and advise to staff.
• Monitoring the vendor’s payment run and discuss with management for payment Process.
• Update fixed Assets register & with monthly depreciating schedule.
• Maintenance of prepaid expenses records with amortization schedule.
• Reconciliation of Intercompany Accounts and confirmation of C/B.
• Maintaining debtors' accounts and reviewing provisions for doubtful debts on monthly basis.
• Generating the passing the month end closing entries.
• Analyzing of inventory aging and provisioning for aged and expired inventory on monthly basis.
• Uploading of Trial Balance to cognos and compared with budget and highlight the Variances.
• Attending and resolving the vendor’s and customer’s queries.
• Preparation of Reports for internal and external auditors..
• MIS reports for management decision making.
• Lead and execute the physical stock count on quarterly and annual basis.
• Develop and training the professional skills of team.
• Check and review the MENA Cash forecast and advise management for excess cash transfer.
• Prepare the departmental budget and present management for review.
Preparation of monthly financial statements with analysis.
•Reconciliation of Bank Account on monthly basis and pass the necessary entries.
•Management of Accounts Payable, Accounts Receivable and Petty cash.
•Preparation of schedules for annual audit and coordination with auditors for the smooth annual audit.
•Issuing of Debit & Credit notes to vendors.
•Participation with Finance Manager while formulation of Annual budget.
•Coordination with bank regarding LC & LG and others financial matters.
•Preparation of sales report with analysis on weekly & monthly basis.
•Preparation of Vendors payment summary for GM Approval
•Passing the monthly closing entries.
•Coordination of Sales Persons to process their daily orders & collection of cash & cheques.
•Preparation of Monthly statements of customers and assure to deliver to them in time.
Preparation of monthly financial statements along with analysis and reports to finance manager for approval.
•Preparation of quarterly and annual returns for Income tax, Sales tax departments.
•Arrangement of In-bond & Ex-bonding of imported raw-material and clearance from Customs Departments.
•Management of Accounts payable & Accounts receivable and reconciliation on monthly basis.
•Supervision of General Store and make sure the proper record of incoming and outgoing goods is being kept and maintaining the required inventory level.
•Preparation of schedules for annual audit and coordination with auditors during annual audit.
•Assistance to Finance Manager in Tax & Corporate matters.
•Preparation of miscellaneous management reports and production analysis.
•To handle the administrative jobs as well as liaison with the local office e.g.
•Social Security, EOBI and Labor Office.
•Assistance to Finance Manager while preparation of annual budget.
courses: ACCA (Partly Qualified) ACCA 2007 •ICMA (Foundation) ICMA (Pakistan