Head of Accounting
Medecins sans Frontieres
Total des années d'expérience :14 years, 5 Mois
Fund management of whole mission it includes review of cash requests from projects and coordination, consolidating and preparing whole mission cash request and submission to HQ
Maintaining and transferring cash balances of coordination and project offices as per submitted forecast requests and cash and bank balance policy of MSF
Managing budget of 1.2 billion PKR, remotely managing team of eight people deployed at three self-implemented projects
Review of monthly BVA highlighting and inquiring major variances and seeking the reasoning and justifications.
Preparing monthly budget follow up report, coordinating monthly budget meeting and presenting the major variances
Leading quarterly forecasting and annual budgeting assignments of whole mission
Coordinating and supervising the monthly and yearly closing of accounts and balance sheet
Ensure compliance to MSF guidelines, standards, policies, and procedures for the mission: in particular financial standards and procedures, and engagement of expenditure
Responsible for quality and timely accounting for the whole mission: both paper accounting, electronic data-entry (encoding in the accounting software), including consolidation and archiving of the accounting journals for the whole mission
Ensuring compliance regarding procedures governing money management
Responsible for the financial management of the donor contract
Preparation of Donor financial reports conducting follow ups and facilitating spot checks
Coordinate and oversee the payment of tax liabilities in order to comply with legal obligations.
Coordinating and supervising the conduct of local audits relating to accounting, tax, labour, stock and asset management
Financial reporting to Head Quarters regarding mission’s accounting statement through monthly and weekly reports.
Technical reference for any accounting-related issue including compliance with MSF financial standards and procedures, legal compliance, training and support on the MSF accounting software / system
Authorizes HQ invoices and guarantees the proper recording of expenditures according to the defined Purchase Circuit.
Briefs and specific accountancy management of all staff involved
Monthly review of expenditure incurred against budget for project as per donor agreements, highlighting variances and reasoning thereof.
Led yearly and five yearly budgets preparation of WAP MPB
Ensured compliance with WAP and donor policies of all projects funded by WAP
Performance of financial and internal control reviews of partner organizations.
Monitoring and capacity building of partner organizations.
Prepared monthly cash forecasts of WAP and reviewed cash request of partner organization ensure their consistency with approved annual budgets.
Coordinated with Programme Managers and Budget Holders for the preparation and review of new projects as per donor guidelines.
Played a pivotal role in preparation of finance, HR and Admin manual ensuring segregation of duties and accountability
Have been part of procurement committee and ensured value for money and compliance with procurement policies of WA global
Liaison with donors (UNICEF, DFID and Wateraid) and external auditors for accurate and prompt financial reporting
Managed working relationship in terms of financial matters with nine partners of Wateraid
Have supervised operational finance which includes day to day petty cash payments, managing vendor payments, and payroll and taxation matters.
Grants management, monitoring of budgets, preparation of donor reports
Prepared monthly donor based allocation of expenses cost recovery tool (RIP Restricted Income Process)
Prepared Budget Pack after consolidation of project budgets as per WA UK guidelines.
Initiated rolling forecast mechanism for re-phasing the activities, not conducted due to any circumstances and have re-phased or released from budgets.
Finailzed working papers required by auditors to base an opinion over financial statements
Prepared and finailzed (with coordination of relevant departments) responses against findings included in Management and Board Letters issued by the auditors
Facilitated internal audit team and prepared responses against their findings.
Finailzed monthly/ annual closing and reporting package as per requirements of Wateraid UK.
Led process of cost extensions and no-cost extensions of UNICEF funded projects.
Acted as focal point for facilitating spot check and other donor based monitoring assignments
Conducted debtor recovery follow ups, prepared their aging analysis and presented it to management on monthly basis
Ensured to keep usage of overdraft facilities at minimum level, concluded repayments of loan as per committed timelines
Conducted alignment of sales target with cash recoveries for availability of buffer cash for unforeseen circumstances
Prepared highlights memorandum indicating comparative performance and accounting ratios
Managed procurement, payments and other ancillary matters with vendors, principal companies providing medicine under distribution agreements
Implementation of web based accounting software.
Reviewed and approved daily vouchers, bank reconciliations, claims, sales challans, petty expenses etc.
Had been focal point for maintaining relationships with all major principals and banks, maintained medicines level in conformity of the distribution agreements.
Performed reconciliation of daily log reports with activity done on software.
Prepared proposals for business development and distribution acquisition.
Ensured utilization of surplus funds into saving accounts and TDRs
Looking after of funds as per policies and guidelines of management and investing funds into different stock market securities
Supervised monthly stock take of inventory, prepared adjustments of pilferage, breakage and short expiry items
Impairment testing of held for trading investments.
Prepared monthly closing pack along with financial statements, monthly sales report vs sales target and other reports as requested by management from time to time
-Managed relationships, communication, coordination, execution and completion of external audit.
-Supervised preparation of financial statements in accordance with IFRS and local laws.
-Managed audit team and defined responsibilities.
-Prepared presentations and board letters for client’s and partner’s review.
-Evaluated audit work conducted by team.
-Conducted internal control reviews.
-Formulated audit strategies and methodologies.
-Directed, conducted, supervised and reviewed audit in accordance with ISA and KPMG audit methodologies.
-Prepared and submitted team members evaluation reports.
-Interacted with client’s management and KPMG management for the smooth execution of audit.
-Managed relationships, communication, coordination, execution and completion of external audit.
-Supervised preparation of financial statements in accordance with IFRS and local laws.
-Managed audit team and defined responsibilities.
-Prepared presentations and board letters for client’s and partner’s review.
-Evaluated audit work conducted by team.
-Conducted internal control reviews.
-Formulated audit strategies and methodologies.
-Directed, conducted, supervised and reviewed audit in accordance with ISA and KPMG audit methodologies.
-Prepared and submitted team members evaluation reports.
-Interacted with client’s management and KPMG management for the smooth execution of audit.
Due to my professional qualification I was awarded with Master's in Commerce by Higher Education Commission of Pakistan
Chartered Accountant