accountant
Americana computer systems
Total years of experience :21 years, 2 Months
Dealing mainly with receivable management, invoicing, clients management, payments follow ups and clients meetings, agreements monitoring and maintenance, preparation of monthly and weekly cash flow projections, presentation of cash flow forecast to management in internal management meetings.
• Developed system for implementation and implemented production of financial statements for Centre core (services business), Centre core Professional (services business), Centre Core building materials trading (trading business).
• Incorporated and implemented maintenance of debt financing for fixed assets i.e. Preparation of fixed assets schedules, depreciation schedules, loan ledgers and disposal matters for fixed assets at the end of life of assets etc. Dealing with banks for financing instalments payments matters etc.
• Developed and implemented new Inventory Management for Purchasing, receiving, pricing, costing, coding as per chart of accounts for inventory and assigning respective Sales, COS accounts.
• Developed and implemented Receivable Management for timely chasing receivables to speed up collections, preparing and timely sending statement of accounts to customers.
• Developed and implemented Payable management for handling suppliers for payments, maintain credit policies efficiently with vendors for future supplies of inventories, consumables, tools and equipment.
• Designed new payroll system, improved HR aspects in the company
• Designed financial management system for all 3 companies financial records.
• Developed and maintained Project based financial accounting systems for different service projects.
• Provided timely solutions to management for companies’ corporate and financial matters.
• Coordinated with external auditors for timely completion of audit and assurance requirements by the management and as per companies’ policy.
Providing consultancy mainly in:
Management consultancy: Project financing and working capital financing, Financial, management and organizational research and studies, Management information system (MIS), Management audit and performance evaluation studies, Designing of accounting system, procedures and methods, Corporate budgeting and planning, Business acquisition and disposal support, Monitoring effective use of funds, Capital expenditure planning and control, Preparation of feasibility reports, Performance evaluation studies, Undertaking turnkey assignments/projects including financing procedures arrangements for long term/short term financing underwriting etc., ISO 9000 quality management systems, design, training, implementation and finally certification,
Book keeping & Accountancy: Accounting and financial statements, Preparing interim management accounts, Training of the accounting staff, Improvement of existing system and training of staff and officers to understand and follow newly improved system.
Corporate Finance: Arranging loans and equity for new and existing units, Advising on corporate structuring.
Information technology consultancy for accounts and financial management
• Financial reports and final accounts
• Control accounts
• General ledger
• Sales account
• Purchase account
• Accounts payable
• Accounts receivable
• Inventory control system
• Payroll and personnel management system
• Fixed assets control
• Budgeting and Forecasting system
• Record and update the company’s expenses and sales on the accounting system.
• Prepare monthly P&L, Balance report, stock report, stock reconciliation report, cash report, balance report.
• strategies to speed up cash collections against outstanding invoices and meeting monthly sales targets.
* Accurately calculate local staff working hours per month, and compile income in accordance therewith
• Preparation of salary and allowances and transfer into respective bank accounts
• Perform any other financial and administrative duties assigned by the General manager
• Accurately control accounts receivables, Control of Taxes- Withholding taxes, Liabilities control, Assets control
• Customers invoices to be paid and closed before the end of every month, ensure diligent follow-up and closure of this responsibility,
* Custom payments must match the monthly and/or shipment custom payments document, any extra payment. The Admin and Finance Manager has 2 direct reports, the Admin Supervisor and the Cashier
• coordination and management of the duties and behaviours of direct reports, training with direct reports, and adjust their behaviour where required, Conduct one annual performance appraisal for direct reports
• hiring of replacement staff when any of these positions will be vacant with prior approval of General Manager
• Company Rules Implementation and supervision as per Pakistan’s law/rules & regulations.
I have got customer service experience in retail sector of supermarket i.e. J Sainsbury’s plc where I learned strong communication, customer service and sales skills. This role involves serving customers, offering advices on various food and non food items offered by supermarket. I learned dealing with customers of different temperament and background; how to provide them product they are looking for, satisfying customer and making them happy with good communication skills and bringing smile on their faces.
Maintenance of different ledgers in accounts books i.e. sales ledgers, fixed assets ledgers, cash books, balance sheet reconciliations, purchase ledger, customer’s payments record for flow of funds.
Preparing financial statements i.e. from book keeping to final accounts on quarterly, six monthly and yearly basis and finalization for onward submission for both external and internal audit.
Preparing financial budget, budget estimates, revised budget estimates.
Ensuring implementation of generally accepted accounting procedures.
Maintenance of various financial accounts and timely preparation of proposal for transfer of funds in order to coup various inflow and outflow of funds.
Preparing weekly, monthly sales reports, invoices, prepayments etc.
Assist in the Budgeting, Forecasting process.
Dealing with all admin related matters.
Correspondence with different clients according to supply of various construction materials.
Preparation of different invoices according to project based record.
Approval of invoices with managing director by monthly expense report submission.
Reconciliation of cash book and bank book on monthly basis.
Maintenance of financial accounts and timely preparation of proposal for transfer of funds in order to coup various inflow and outflow of funds.
Ensuring timely receiving of funds as per target for a month.
Efficient ensuring of Funds Management i.e. keeping both receipts and payments side by side balanced.
Preparation of funds releases cases and onward submission to clients to cope with funds needs.
Worked in different sections of finance and accounts department of a big petroleum giant and learned following skills under supervision of different sections heads:
Accounting for OGDCL share of Costs charged in the monthly Cost Statements provided by the Operators of respective Concessions i.e. completion of accounting cycle- right from the journalization until the finalization of accounts of Non Operated Joint Ventures and its incorporation in the OGDCL Quarter/Final Accounts, and correspondence with Operators for all related matters and other information required for closing of accounts. Review/monitoring of Cost Statements in line with Accounting Procedures annexed with Joint Operating Agreement of the Petroleum Concession Agreements of the respective Concessions and its comparison with Audited Accounts of Non Operated Concessions. Co-ordination with external auditors for above said accounting activities. Variance analysis for periodical accounts and other accounting information required by the management
• Inquiring expenditures against advances given to Operators of Non- Operated JV.
• Preparation of schedules at closing of Quarterly, (Semi-annually, nine-monthly) and final accounts:
• Schedule of Fixed Assets.
• Schedule of Amortization (Decommissioning)
• Schedule of Amortization (Producing fields)
• Schedule of Decommissioning Cost for Field/wells, Plant, Machinery and Pipe Line.
• Schedule of Net Realizable Value
• Schedule of Inventory.
• Schedule of Well in progress.
• Schedule of Amortization of Decommissioning of Fields.
• Posting of Estimated Expenses (Accruals) for all Non Operated Concessions at the end of every closing of Quarter and Annual Accounts.
WORKED IN ACCOUNT PAYABLE INVOICING MODULE
RECEIPT VOUCHER
• Checking and verification of Cash Receipt Voucher with JE Sheet.
• Checking and verification of Bank Receipt Voucher with JE Sheet.
• Posting of Receipt Voucher in Payable Module in relevant Batch Invoices.
Worked as an Accountant from June 1, 2003 to May, 2004.
Learned preparation of financial accounts of organizations from various sectors while doing:
• Worked in a team for conducting audit of different public and private sector organizations.
• Corporate affairs dealing regarding Company’s regulations.
• Management consultancy for financial accounts making.
worked relating to activiteis
o Customer Services
o Clearing Department
* Cash management
* Deposit
A dissertation report was made with main focus on financial, operational and marketing analysis of United bank of Pakistan while considering data for three years and produced fruit full recommendations with some financial and operational improvements and plans
Learned different processes in: clearing, advances, cash management, deposit, customer service and critically and financially review its operational and financial performance.
Dissertation: Financial analysis of UK’s major supermarkets. Modules studied in final semester: * International change management * Management science & system * Market and strategy * Research Methodology (got exemption for 1st semester of MBA due to advanced professional diploma in management studies (APDMS), Edexcel, UK)
accredation for post graduate diploma in management studies: (http://register.ofqual.gov.uk/Qualification/Details/100_4345_7) Dissertation: Introduction of new Strawberry flavoured yogurt for Sainsbury’s Modules: * Managing change in organization * Strategic planning & implementation * Advanced professional development * Managing financial principles and techniques * Human resource planning and development * Supply chain management * Strategic marketing management * Management research method.
• Master of Business Administration (M.B.A) with specialization in Finance, University of Peshawar, passed in 2002 Dissertation: Financial and operational anaylsis of United bank Limited Pakistan Modules studied: * Accounting, banking * Money ,Banking and finance * Management * Marketing * Statistics for management * Financial accounting * Cost Accounting * Marketing management * Business Law * Computer for executives * Financial management * Human Resource Management * Organisation theory and Behaviour * Research methods and report writing * Advance Accounting * Managerial Accounting * Financial Statement Analysis * Strategic management * Managerial economics * Project planning and management Awards: * Secured CGPA 3.7/4, got scholastic honour . • Got 3rd Position in M.B.A, University of Peshawar. • Got first Position in an interview and 4th Position on merit list of M.B.A, University of Peshawar.
Awards: • Bachelor of Commerce (B.COM), University of Peshawar, and passed in Annual 1999, secured 68.17%. • Got 5th Position in B.COM-I, University of Peshawar. • Got 4th Position in B.COM-II, University of Peshawar. Modules studied mainly: * Accounting * Economics * Auditing * statistics * Income Tax * Management accounting * Cost accounting * Advance accounting * introduction to business * managerial economics *
