Accounting Manager
JAWA Human Resources Company
مجموع سنوات الخبرة :13 years, 4 أشهر
Financial Reporting Responsibilities
Make sure the reconciliation and completion of all books / ledgers e.g., Banks, Revenues, Direct Costs, Expenses, Assets,
liabilities and intercompany accounts as per the checklist of financial reports / trail balance.
Preparation of month end financial statements including profit & loss, balance sheet and cash flow statement.
Responsible for preparation and monitoring of budget, Reporting of deviations on monthly basis.
Maintains accounting controls by establishing a chart of accounts and defining accounting policies and procedures.
Coordinate and complete annual audit both internal and external.
Validation and Submission of monthly VAT return
Financial & Management Accounting Internal & Ex. Audit Coordination
Reporting under IFRS (IFRS-19, IFRS-15, IFRS-16) Budget & Forecast Preparation
Credit Control Management & Trade Finance Management Actuarial Knowledge
Knowledge Product Cost sheet preparation Inventory Management & Valuation
Revenue management under Contracts and POs Financial Analysis / Analytical Skills
Account Receivable / Client Management Value-Added Tax (VAT)
MAR 2018 CPA (PAKISTAN) Institute of Certified Public Accountants of Pakistan
MAR 2011 B SC. (OXFORD BROOKS) Oxford Brooks University United Kingdom
JUNE 2012 ACCA Association of Chartered Certified Accountants (ACCA -UK)
JUNE 2008 CERTIFIED ACCOUNTING TECHNICIAN Association of Chartered Certified Accountants (ACCA -UK)
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2. Controlling and Supervision Responsibilities:
Developing and implementing accounting practices, process & procedures to ensure accurate and timely financial reports.
Member of accounts receivables collection committee, design and time to time update of credit control policy.
Preparation of key account’s contract feasibility for management.
Preparation of sales analysis report and sales team performance evaluation report.
Supervision of accounts receivable team with review and final approval of invoices to clients, credit notes and collections.
Supervision of accounts payable team with review and approval of payments e.g., monthly payrolls, employees’ settlements,
Supplier Payments (Local and Overseas)
Management and guidance of Finance Team with 10+ team members.
3. Third Party Responsibilities:
Initial presentation to client’s finance teams on the invoicing and collection of Manpower charges as per contracts, POs etc.
Lead and guide the team on disputes resolution with Client’s / Vendor’s.
Advise on credit limit in case of different payment proposal by clients.
Court case follow ups with Company Lawyer and managed the court Audit (Tahkeem) as well for some legal clients.
Preparing all type of documents for banks e.g., Letter of Credit, Letter of Bank Guarantees, Guarantee Cheques, Commercial
Invoices, Invoice Discounting Agreements etc.
Achievements:
Implemented IFRS and aligned reporting accordingly Implemented VAT as per KSA regulation
Management of above 150 million accounts receivables
Successfully followed commercial court cases and court audit against disputed clients.
Build and strengthen client relationships to achieve long-term partnerships. Top ranked in the list as per client’s feedback
about the guidance and support to client’s queries.
Recording purchase of raw materials, packing materials and processing payment to suppliers.
Review payroll and related expenses monthly. Coordination with HR team to allocate payroll cost to the relevant cost centers.
Prepared invoices and recorded collection for local sales as well as export to Iraq, Qatar and Jordan.
Prepared movement for materials, work in progress (WIP) and finished goods on daily basis.
Conducts physical inventories and monitors cycle count program.
Reviewed policy compliance and documentation for raw material, WIP and finished goods movement.
Variances report, analyzed actual manufacturing costs and preparing periodic reports comparing standard costs to actual
production costs
Reported sales, revenue, receivable, purchases and payables on weekly basis.
Initial planning of the job and identifying risk areas during the process.
Assessment of control risk and designing the tests of controls and substantive procedures for specific areas in consultation
with the engagement manager.
Performing the test of control and substantive procedures highlighting the issues/ matters.
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Discussions with the clients regarding the various accounting or other issues/ matters identified during the audit.
Reviewing the work done by the team members and coordinating with engagement manager.
Preparation of financial statements.
Risk assessments to increase understanding of the entity for developing and implementing audit programs.
Close coordination with audit team and client to resolve potential and existing issues.
Preparation of time and expense budgets, compilation of audit findings, recommendations for improvements.
Reviewing the work of junior team members to manager and senior manager.
Analysis and evaluation of internal controls.
Review and evaluation of internal controls on revenue & receivables, purchase & payable and treasury etc.
Designing the substantive procedures in consultation with the engagement manager.
Performing the test of control and substantive procedures highlighting the issues/ matters.
Discussions with the clients regarding the various accounting or other issues/ matters identified during the assignment.
Performing analytical procedures on profit and loss and balance sheet line items.
Verifying legal compliance, internal controls and suggesting improvement points to the management.
Seeking management representation Letter where require.
Preparation of other deliverables, such as, management letter identifying control weaknesses, its implications and
recommendations.
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