Head of Account & Finance
Sparrow International General Trading LLC
Total years of experience :17 years, 6 Months
SAP Business One 9.3 Successful Implementation & Configuration, Management/Handling.
Tally ERP9 Business Solutions overall Configuration & Implementation Management/Handling.
Successfully Established Account & Finance Department including Separate Database and System Configuration for 2 Companies in UAE and KSA
Overall Management of Accounts & Finance Department:
Inventory Management of Machinery, Equipment’s, Food & Beverages, Plastic Packaging Products, Spare Parts, Paper Products,
Bakery and Gelato & Ice Cream Ingredients. 2, 000 items
Policies, Processes, Manuals, Procedures and Business Plan & Implementation
Bank Payments/Receipts, Cash Payment/Receipt, Reconciliations Assets, Payroll and Inventory Management
WPS Salary Processing, Collection from Customers
Sundry Debtor/Creditor Management
Bills Payable/Receivable Management
Computerized Cheque and Receipt Printing
Prepayments, Depreciation and Amortization
General Administration (Rent Agreement, DEWA Registration, Du/Etisalat Registration, PRO, P.O.Box and Vehicle Registration and Management)
Cash Flows, Income & Expenditure Statement, Balance Sheet and Statement of Partner’s Equity
Dealing with External Auditors, Customer, Suppliers and Service Providers
Notes to the Final Accounts, Partners Accounts, Related Party
•Controlled project financial forecasting, operational budgeting, resource planning, invoicing, pricing, ordering, and scheduling.
•Provided exceptional level of support to external auditors concerning quarterly reviews and annual audits.
•Managed all aspects of accounts receivable, accounts payable, and payroll.
•Handled cash flow management responsibilities on a daily basis.
•Participated in general ledger functions including account analysis and reconciliation, accruals, and closing processes.
•Prepared monthly consolidated financial statements and analysed results.
•Established table of accounts and posted entries into proper books of accounts.
•Prepared, examined and analysed accounting records, financial statements, and other financial reports.
•Reviewed and checked work of subordinates such as reports, recorded, and applications for accuracy and content and corrected errors.
•Reporting to Share Holder’s and Statutory/Regulatory reporting to State Bank Of Pakistan (SBP)
•Computerized Accounting maintenance like chart of account, general ledger, lead/node of trail balance and mapping with core banking system (ORACLE FLEXCUBE).
•Compliance with regulator for Cash Reserve Requirement (CRR), Statutory Liquidity Requirement (SLR) and Capital Adequacy Ratio (CAR)
•Fixed Assets Management and Maintenance on Computerized Asset Register. Tagging/Coding
•Manage All NRSP Bank Reconciliations (Bank Accounts/ Current Accounts / Inter Branch Accounts). NRSP Bank FIS and SHF (Financial Information System and Sidat Hyder Financial) and Finalization of NRSP Bank Books of Accounts and Reporting to SBP (State Bank of Pakistan).
•Checking and Signing of Disbursement, Inter Branch Dr/Cr Advices, and Journal Vouchers etc.
•Checking of Bank Profit of All Bank Accounts ( Operational and Disbursement / Recovery)
•Prepare and Draft Month End Adjustment Vouchers for NRSP Bank Books of Accounts Closing Like (Markup, Depreciation, Assets, SHF Assets Module, Accrued Service Charges, Provisions
•Manage the Grant Accounting received from Donors for Capacity Building of NRSP Bank and reporting to concerned donor
•Coordination with Auditors (external, Internal, etc.) to provide them the Financial / Accounting Data of NRSP Bank
•Prepare regulatory reports for State Bank of Pakistan (SLR, CRR, CAR, Flow of Fund, Bi-weekly, Quarterly, Half Yearly)
•Prepare Financial Statements (Income/Expense, Cash Flows, Balance Sheet, Statement of Equity)
•Prepare Chart of Account and Financial Setup of Financial Information System (SHF in Oracle)
•Manage Books of Accounts of NRSP District Bahawalpur (Current Assets, Account Receivable/Payable, Microcredit Loan, Fixed Assets, Short term and Long term Liabilities, Inter Regional Current Accounts, Income and Expenditure.
•Check All Vouchers (Bank Payment, Bank Receipt, Cash Payment, Cash Receipt, Journal Vouchers and Adjustment Vouchers, Journal Ledger and Trail Balance of Daily Basis.
•Prepare Projection and Budgets for the year.
•Monitor all operations in Finance Department in my District Office.
•Prepare Payroll for 850 employees. Coordination with HR and HRD for recruitment / selection and training of new employees.
•Disbursed and recovered 300 million as a signatory of all Bank Accounts at District level.
•Dealing with different banks for funds placement and investment
•Coordination with Auditors (Internal/External) for Monthly, Quarterly, Half Yearly and Year end audit.
•Prepare Financial Statements (Balance Sheet, Income/Expense, and analytical reports, Cash Flows, Statement of changes in Equity, Notes to the Accounts, Ratio Analysis and Periodical Returns.
•Check the credit cases made by field staff for approval of loan as per policy guide lines.
•Check clearance of previous loan, Age, Gender, Credit Limit, Relation, Credit History, Monthly and seasonal Income, Undertaking, CNIC Verification, Customer data and family detail
•After checking of all policy guidelines give approval to disburse a loan. Conducted field visits to check the utilization of given loan to groups and individual customers.
•To set up the training and coaching program and training for the branches about new policies, credit procedure and tracking the approve applications
•Prepare seasonal funds requirement for upcoming season for disbursement.
•Signing the loan disbursement cheques for groups and individual customers.
•Manage the recovery and disbursement in MIS. And generate individual borrower ledger for loan tracking.
•Manage the portfolio analysis on monthly basis for provisions and risk analysis.
•Dealing with Insurance company for insurance of all customers and manage separate database for Insured customer profile
•Prepare cheques and vouchers for office day to day operations of cash and bank.
•Input vouchers (Bank Payment, Bank Receipt, Cash Payment, Cash Receipt and journal vouchers) in FIS (Financial Information System)
•Prepare Bank Accounts reconciliation's and current account reconciliation with Head Office and regional offices.
•Input customer’s data in Data Base System. Prepare customers disbursement cheques and recovery receipt and collect cash and pay cheques to the individual and group customers.
•Print customers disbursement cheques and ledgers for tracking of loan
•Cash / Cheques / Demand Draft Deposit in Bank Accounts.
•Cash withdrawal / Making of Demand Draft and Other Instrument by different Banks
Master of Commerce (M.Com) major in Finance with CGPA 2.80/4.00 During my course of studies i have also completed different assignments and Two internship with National Bank of Pakistan (NBP)
Bachelor's of Computer Science with Specialization in Database Management. During my course i have completed two projects. 1. Computerized Examination System 2. Inventory Control System