Accounts Manager.
ITS Industries (Pvt.) Limited.
Total years of experience :15 years, 10 Months
- Plan and execute month/quarter/annual closure schedule.
- Consolidation and evaluation of financial data.
- Review Financial results and do Year-Over-Year and quarterly comparison of company performance.
- Monitor and review the Balance Sheet reconciliations, review open, unusual and aged items for closer.
- Analyzing quarterly fluctuations in Financial Statement and root cause analysis of accounts having major fluctuations on quarterly basis.
- Review the Balance Sheet and Profit & Loss accounts at macro level & reviewed the same with company management.
- Ensure timely completion of statutory audit and ensure timely filing of Annual returns.
- End to end co-ordination with Auditors, Accounts team, tax team and Company Secretary to complete the Audit field work.
- Preparation of Draft Financial statement after audit adjustment entries proposed by auditors. Incorporate tax entries as advised by tax team.
- Guideline on filing of Tax Liability on monthly basis & ensure timely payment of Income Tax / Sales Tax.
- Meets accounting financial objectives by forecasting requirements.
- Preparing an annual budget and scheduling expenditures.
- Monitoring revenue and expenses.
- Handling accounting operations, including A/R, A/P, Financial Statements and analyzing reports for company’s operations.
- Analysis of A/R provision on monthly basis.
- Preparation of Cash and receivable forecast on monthly basis.
- Defining accounting policies and procedures.
- Establishing chart of accounts.
- Ensure reclassification and accounting of wrong or unaccounted entries prior to GL close.
• Managed the accurate and timely processing of up to 200 invoices (more than Rs. 10M) per month of group companies named Alpha Container Industries (Pvt) Ltd, Tubex Packaging (Pvt) Ltd, Alpha Packaging (Pvt) Ltd.
• Assessed and closed A/P sub-ledger on a monthly basis.
• Perform the day to day processing of accounts payable transactions to ensure that AP accounts finances are maintained in an effective, up to date and accurate manner.
• Receive and verify invoices and requisitions for goods and services make sure that the amounts and quantities are according to the contract or the P.O.
• Set invoices up for payment and process for cheque requests, prepare and process accounts payable cheque.
• Monitor accounts to ensure payments are up to date, reconciliation of payments and resolve invoice discrepancies.
• Preparing & submission Online Monthly Sales Tax.
• Follow up of Materials Receiving Reports with warehouse department and make the Journal Voucher for Completed Received Materials compared with the Purchase Order (P.O).
• Correspond with vendors and respond to inquiries.
• Assists with preparing the External and Internal Audit requirements.
• Prepare Company’s Payroll.
• Reconciles monthly reports to the Company’s accounts.
• Performs Bank and Cash reconciliation.
• Do other various tasks as per supervisor’s order.
• Maintenance of G/L and account balances of group companies named Lab Line, Scientific System & ASAD Corporation.
• Recording, analyzing, interpreting and summarizing all the financial data.
• Preparing Monthly Sales Tax Invoices.
• Maintaining Account Receivable & Account Payable.
• Banks Reconciliations.
• Prepare Company’s Payroll.
• Coordinated in all aspects of monthly and year end closing.
• Prepare & maintain Inventory registers as per Sales Tax Act 1990.
• Opens customer accounts by recording account information.
• Maintains customer records by updating account information.
• Work out customer needs and offer the best solution based on proper company policies.
• Effectively communicate ideas, suggestions and answers.
• Refer customers to people who specialize with the type of problem or query they present.
• Offer upgrades and new banking services or products.
• Preparation of Vouchers.
• Bank deposit Cash withdrawals.
• Manage Account Receivable & Payable records.
• Dealing in Petty Cash.
• Daily summary of Accounts.
• Process Payroll every month.
MBA in Finance.