MUHAMMAD ISHTIAQ, Working as an Accountant

MUHAMMAD ISHTIAQ

Working as an Accountant

SERVICE SALES CORPORATION

Location
Pakistan - Lahore
Education
Master's degree, Business Administration
Experience
5 years, 1 Months

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Work Experience

Total years of experience :5 years, 1 Months

Working as an Accountant at SERVICE SALES CORPORATION
  • United Arab Emirates
  • November 2012 to June 2014

1. SERVICE SALES CORPORATION (SSC) (Nov 2012 to Present)

The Company is leading the Retail Sector Nation Wide. Over the years it expands its operations in KENYA & DUBAI.
SSC is 1st organization Nation Wide to introduce Oracle Retail Management System (ORMS) in Retail Sector.
It is competing the top 10 Global Hard line Retailers after the introduction of ORMS by LOGIC. (A USA Firm)

Working as an Accountant (Accounts Department)

Responsibilities Reporting to Finance Manager
1. Using Oracle Retail Management System (ORMS)
• Identifying differences in Inventory of ERP & ORMS & their Rectification
• Mapping Natural Account # & location Codes in Internal Audit, External Audit & Incorrect Receiving
2. Using Enterprise Resource Planner (ERP): • Conducting regular business reviews of financial performance
• Ensuring that information is accurately collated & entered into systems.
• Preparation of various reports for senior managers.
• Responsible for updating account records in ERP.
• Preparation and uploading of Data in ERP.
• Making entries regarding Amortization/Payroll/Annual Adjustments/Insurance Claims/Utilities in the General Ledger.
3. Maintain Bank Reconciliation Statement (BRS) at the end of the Month.
4. Maintain Daily Base Financial Position.
5. Maintain Provident Fund (PF) & Pension Fund (PF) Reconciliation at the end of the month.
6. Posting of fund transfer voucher in GL on daily basis of all collection accounts
7. Follow established procedures for processing receipts, cash etc. in ORMS.
8. Reviewed and corrected any discrepancies.

ACCOUNTANT at BATTERY HOUSE
  • Pakistan
  • June 2009 to November 2012

2. BATTERY HOUSE, LAHORE - PAKISTAN (June 2009 to Nov 2012)
AS AN ACCOUNTANT
Responsibilities: 1. Maintain Daily Base Financial Position.
2. Maintaining daily accounts.
3. Completing ledgers, cash accounts, cash book, Bank book, Accounts Payable, Accounts Receivable
4. Investigated handling of various transactions and accounts to bring out inefficiencies and fraudulent activities
5. Expert in Maintenance and Auditing Computerized Ledger Accounts (Suppliers, Customers, Banks, etc)
6. Scrutinising Cash book, Bank Book, Financial Documents on monthly basis
7. Expert in Maintenance and checking the Stocks (In & out)


AREAS OF KEY STRENGTH
Performance Measurement, Advance Audit & Assurance, Corporate Reporting,
Financial Management & Business Analysis.

Performance mgt: Specialist cost and management accounting techniques, Decision making techniques, Budgeting, Standard costing & variance analysis.
Ad. Audit & assurance: Regulatory environment, Professional & ethical considerations, Practice management, Audit other assignments, Review & Reporting.
Corporate Reporting: The Financial Reporting Framework, Financial Statement of Group of Entities, The Appraisal of Financial Performance & Position of Entities.
Financial Mgt: Working Capital Management, Investment Appraisal, Business Finance, Cost of Capital, Risk Management & Business Valuations.
Business Analysis: Strategic Position, Strategic Choice, Strategic Action, Business Process Change, Information Technology, Project Management, Financial Analysis

References will be furnished on request

Education

Master's degree, Business Administration
  • at Allama Iqbal Open University
  • January 2012

MBA (Master in Business Administration) Allama Iqbal Open University (AIOU) 2012

Bachelor's degree, commerce
  • at Punjab University
  • January 2009

B.COM (Bachelor In commerce) Punjab University (PU) 2009

Bachelor's degree, Commerce
  • at Punjab Board of Technical Education
  • January 2007

D. COM (Diploma in Commerce) Punjab Board of Technical Education, Lahore 2007

High school or equivalent,
  • at Board of Intermediate & Secondary Education
  • January 2005

Matriculation Board of Intermediate & Secondary Education, Lahore 2005

Specialties & Skills

ACCOUNTING
ACCOUNTS PAYABLE
ACCOUNTS RECEIVABLE
FINANCE