Senior Accountant
Abdul Latif Jameel CO. Ltd
مجموع سنوات الخبرة :15 years, 3 أشهر
Major Assignments:
General Operations:
• Performing & reviewing bank reconciliation and inter-companies reconciliation.
• Monthly closing of management accounts including P&L, BS, and Cash Flow statement.
• Report to management on variances from the established budget, and investigate and rationalize the reasons for those variances.
• Forecast cash flow positions and analysis the variance of Budgeted v/s Actual.
• Monthly closing and posting of entries in Oracle.
Payroll:
• Maintains payroll information by designing systems; directing the collection, calculation, and entering of data.
• Responsible for the coordination efforts between human resources and other departments to ensure proper flow and maintenance of employee data. E.g. overtime, leave balances, head count, transfers etc.
• Balances the payroll accounts by resolving payroll discrepancies.
• Making analysis for Payroll related activities.
• Check the eligibility and Process Loan for associates.
• Making sure that company policies are properly followed by associates in all Payroll related activities.
• Co-ordinate with HR Department to Process employee data (new hires, changes) in payroll system.
Fixed Assets:
• Create and monitor a system of controls, procedures, and forms for the recording of fixed assets.
• Work closely with the other departments in tracking project costs in comparison to their budgeted projections.
• Maintaining and controlling Fixed Asset movement by recording the fixed asset acquisitions and dispositions in the accounting system.
• Track the compilation of project costs into fixed asset accounts, and close out those accounts once the related projects have been completed.
• Conduct periodic reviews of the fixed asset schedule to determine dispositions and Performing Annual fixed asset count.
• Reconcile the balance in the fixed asset subsidiary ledger to the general ledger.
• Prepare audit schedules relating to fixed assets, and assist the auditors in their inquiries.
• Review and preparation of monthly financial statements.
• Assign tag numbers to fixed assets.
Audit and Assurance
• Conduct comprehensive financial audits in accordance with International Standards on Auditing.
• Identify and communicate accounting and auditing matters to seniors and managers.
• Propose adjusting journal entries and discuss audit findings with clients.
• Identify and communicate accounting and auditing matters to seniors and managers.
• Document audit procedures and cross reference work papers.
• Stock taking activities.
• Create management representation letter comments and recommendations and draft audit reports for management review.
• Coordinate entrance/exit conferences.
Taxation
• Dealing with the tax affairs of the clients.
• Tax planning on behalf of the clients.
• Better tax management of clients’ tax affairs.
Major Assignments
Conduct/participated in the following audits /consultancy assignments during the tenure of my articles:
• Bethania Hospital Sialkot.
• Audit of Meshmakers (Pvt.) limited.
• Audit of Convent of Jesses & Mary.
• Sardar Trust Eye Hospital
• Audit of Pakistan Nurses Federation.
• Audit of Mubarak textile (Pvt.) limited.
Role and Responsibilities
• Liaison between Finance and Operational Teams
• Making monthly analysis of GL account balances in accordance with international financial reporting standards and local laws and policies.
• Maintaining the Fixed Asset Register
• Monthly bank reconciliations
• Help in Preparing the annual budget and update forecasts as necessary.
• Making control of budget and actual on routine basis.
• Making cost benefit analysis of running projects.
• Produce monthly management accounts in the approved format.
• Filling income tax return
• Monitoring preparation of payroll and pay check distribution.
Role and Responsibilities
• Provide assistance to prepare financial statements according to company policies.
• Perform journal entries as per established.
• Carry out reconciliations of account, general ledger and sub-ledger.
• Maintain general ledger at account level.
• Monthly bank reconciliations.
• Provide financial information for business analysis and auditing when needed.
• Process payments and invoices accurately and timely as per company procedures.
• Prepare and submit expense reports to management for approval.
• Prepare management reports related to accounts payable and receivables.
Business Administration and Commerce
ACCA Member
Accounting and Finance