Assistant Manager - Finance & Accounts
Frontier Works Organization
Total years of experience :17 years, 7 Months
Currently serving as Assistant Manager-Finance & accounts, brief description of responsibilities is as outlined below:
Budgeting and forecasting with periodical controls, variance analysis, and management reporting and ensuring compliance.
Presentation to group commander on financial matters of the projects.
Assist deputy financial advisor in reconciliation of intercompany accounts.
Supervising the finance department including double entry accounting software.
Supervision of payroll preparation and disbursement.
Monitoring invoicing, payment and recovery.
Preparation of financial analysis of ongoing projects.
Preparation of monthly profit & loss summary of all the running projects and presenting it to projects accounts officer.
Analysis of project execution plan with actual booking dealing all financial matters with headquarter FWO, controller military accounts FWO, project director of headquarter and motorway and under command units.
Internal audit of all the running projects as and when required by the competent authorities.
To deal with the auditors and reply their queries during the course of audit.
To receive the management letter and audited reports from the auditors and comments on the specific issues raised by the auditors.
Suggesting ways and means to reduce the negativity of the projects.
Preparation and submission of different reports as per headquarter FWO requirement
Preparation and submission of tax amount to FBR on monthly basis.
Responsible for maintaining financial records of Franchises in SAP (ERP)(FI/CO & MM Module) areas;
•Franchise post-paid & Pre-Paid sale.
•Franchise Scratch Card, SIM & Top-up Sale.
•Franchise Financial & Customer services activities.
•Franchise activations & activities related to MNP.
•Franchise Deposits.
•Franchise stock/Inventory orders.
•Franchise Commission.
•Preparation and disbursement of Franchisee commission on basis of their Scratch Card & top-up Sale.
•Coordination with S & D (Sales and Distribution) team in order to achieve the Franchise SIMs, Scratch Card & top-up Sale targets
•GL Reconciliation of Franchisee accounts with financial accounts.
•Responsible for creating & maintaining Customer/Franchisee master data in SAP
•Franchise Credit limit analysis & monitoring on daily, weekly and monthly basis and reporting to Regions & Management
•EVC (Electronic Voucher Centre-Top-up Transfer Facility) Module administrator (User creation, Reporting and definition of commission structure)
•Developed & maintaining the Top up (Balance Transfer Facility) Distribution System/channel with the help of Internal/External stakeholders.
•Analysis of actual Vs reported Top up sale (Company to Franchisee, Franchisee to Distributor & Distributor to Retailers).
•VAS Invoice reconciliations
•Verification of all IVR & SMS Short-code and its charged prices
•Coordination with MIS for reporting issues
•Coordination with IN, DWH & Mediation for Counts verification and reconciliation issues
•Coordination with Legal Department for VAS contracts
•Coordination with VAS Marketing on new developments, new products and various issues
•Query resolution of International and national vendors of VAS
•SAP uploading of VAS payments received against invoices made to vendors.
•Maintaining Daily Log sheet related to Vendor payments;
•Budgeting and forecasting with periodical controls, variance analysis, management reporting and ensuring compliance
•Maintaining the payment Vouchers sequence wise;
•Making Bank Reconciliation on Monthly Basis;
•Verify those entries that are parked in SAP system (I-e Advance GST, Expense GL and so on) firstly correct the GL & amounts and then post them.
•Payments made related to general payments I-e security guards payments, petty cash, POL payments, Logistics payments etc;
•I had also used SUN system during reconciliation of SUN and SAP system. Major SUN tools were also used like Vision XL, Vision executive.
•Verify those entries that are parked in SAP system (I-e Advance GST, Expense GL and so on) firstly correct the GL & amounts and then post them
•Monitoring invoicing, payment and recovery.
•Supervise multiple audit engagements and special projects; which includes assigning staff to audits and setting objectives;
•Prepare the annual team audit plan and establish priorities of assignments. Plan engagements, prepare budgets, prepare work programs, research certain technical issues, and prepare draft financial statements and management letters;
•Provide appropriate and timely feedback to those supervised;
•Proactively interact with the key client management team to gather information and make recommendations. Keep lines of communication open with staff and clients;
•Develop individual audit programs under the general supervision of the Audit Manager;
•Interacts with superiors in audit department regarding performance of auditor subordinates and administrative planning for entire department;
•Review at various stages of completion, all work done by audit team members for completeness, accuracy and compliance with policy requirements and procedures;
•Review and evaluate work done and prepare final audit report.
•Controlling corporate financial planning;
•Budgeting and forecasting with periodical controls, variance analysis management reporting and ensuring compliance;
•Funds and treasury management;
•Financial management;
•System development for effective operations;
•Monitoring invoicing, payment and recovery;
•Liaison with banks and handling all banking matters;
•Preparation and submission of different reports as per SECP and statutory requirement;
•Maintaining accounting records of the entity;
•Preparation of Vouchers/Bill related to different functional accounting areas;
•Bank Reconciliation Statement;
•Upload Different Schedules relating to vendor payments;
•Negotiation with the owner relating to different Financial matters
•Serving to different materials related in construction;
•Review the overall performance of entity on quarterly
Currently i am doing ACCA.I had passed ten papers out of fourteen.Maximam score is 55%.After completing ACCA i will become a member of ACCA with the required articles of 3 years.
I am a certified accounting technics (CAT).I had passed all the ten papers with the average percentage of 65%.