muhammad bilal ijaz

 Optimized financial resources to analyze financial transactions against budget and monitored data against forecasts for correction of weak areas.
 Proactively identified and addressed accounting and control issues, and ensured the cost of goods sold section of the financials are compliant and correct.
 Successfully calculated cost of raw material purchased and inventory valuation and entered month end journal entries and production information to examine and revise variance.
 Finalized monthly profit & loss production and sale basis under marginal and absorption costing and communicated variances and cost explanations to the management team in a timely manner.

BASFA Textile (Yarn Manufacturer)
ACCOUNTS DEPARTMENT
 Efficiently generated a monthly monitoring report and information for a group of services in accordance with the corporate budget monitoring timetable for budget holders.
 Competently compiled and assessed account information to finalize monthly location-wise stock valuation report and formulate asset, liability, revenue, and expenses entries in a timely manner.
 Organized and resolved various issues with bank such as cleared cheques, differences, bank fee anomalies, targeted balance calculations, and enhancements to online services.
 Retained general ledger and cost controls by validating, assigning, posting, and reconciling transactions and entries, organizing a trial balance, and reassigning sub account to control accounts to resolve discrepancies.

 Generated and delivered Suspicious Transaction Report (STR) and Cash Transaction Report (CTR) to financial monitoring unit of SBP and reconciled Jazz cash account operated in all over Pakistan.
 Critically examined all transaction and produced bank reconciliation statement in compliance with State Bank of Pakistan rules and regulations.