Musharraf Majeed Khatib

 JOB RESPONSIBILITIES AS AN "ACCOUNTANT":

NAME OF ACCOUNTS CLIENTS:
• SONY Mobile Communications AB.
• American Business Council (ABC).

• Working on SAP "I Shop" and "Baseware" software in SONY Mobile Communications.
• Working on Intacct Software (Web Process Accounting).
• Maintain and prepare general ledger, bank statement reconciliations and monthly closing activities.
• Handling and maintaining of Accounts Receivable & Accounts Payable.
• Verify purchase order and cost codes related to invoices.
• Verify payables before preparing the cheque’s on the agreed dates and ensure that all payments (paid and due) are posted in the respective month before the succeeding month.
• Preparation of Bank Payment Vouchers and Sales Invoice and Purchase Invoice.
• Generating proposed payment registers for suppliers
• Maintaining Petty Cash receipts, expenses and coded them and reconciled the same on a weekly/monthly basis.
• Providing administrative support for the entire Accounts Department including filing, faxing and copying data entries. Book keeping and E-mail correspondence with various clients, vendors, bankers etc.
• Good Exposure working on Outlook Express.

 JOB RESPONSIBILITIES AS AN "AUDITOR":

• Making Financial Statements from client's trail balance.
• Using Audit software "CCH Klower Cuoper-UK" for carrying out audit activities.
• Reviewing accounting and internal control systems.
• Physical examination of JV's & (Cash & Bank) Debit/Credit Vouchers on sample basis for test of internal controls and verification of Financial Statements Assertions taking a risk based approach.
• Assisting clients in accounting and reporting matters and preparation of advices pertaining to various accounting and reporting matters.
• Preparing movement schedules for figures in Statement of Financial position to verify the movement during the year. (According to ISA, IAS & IFRS)

JOB RESPONSIBILITIES:

REPORTING:
Report to Audit Manager and Senior Management (Partner)

DUTIES INCLUDE:
• Planning, scheduling, conducting, coordinating, reviewing and reporting the audit engagements.
• Reviewing accounting and internal control systems.
• Examination and reporting on group financial statements of reporting packages of various Manufacturing and Trading concerns (both from the Public and Private Sector), Government-Owned Corporations, and Multinationals.
• Supervision of staff engaged in audit assignments
• Reporting of audit findings and control weaknesses to senior management.
• Assisting clients in accounting and reporting matters and preparation of advices pertaining to various accounting and reporting matters.
• Performing analytical procedures in accordance with Audit Program taking a risk based approach.
(Verifying cut off, occurrence assertions etc according to ISA)
• Preparing movement schedules for figures in Statement of Financial position to verify the movement during the year. (According to ISA, IAS & IFRS)
• Obtaining different audit proofs.
• Preparing Break up/Detailing sheets for verification of figures in Statement of Comprehensive Income.
• Preparing clients audit file/working papers by making top sheets, break up sheets and
Columnar sheets.
• Cross referencing of different figures.
• Physical examination of JV's & (Cash & Bank) Debit/Credit Vouchers on sample basis for test of internal controls and verification of Financial Statements Assertions taking a risk based approach.

Receivables & Payables (A/R & A/P):
• Supervised whole receipt & payment side of the company after verifying the authenticity of transactions
• Verifying co’s credit policy compliance for customers (Credit worthiness & payment days) before sales department places sales order and identifying any deviations.
• Ensuring Orders/Payments to suppliers are placed/made within credit limits/ credit days.
• Reported to management monthly Receivables & Payables product, customer & supplier wise reports detailing the exact amounts and quantities of Purchases and Sales made during the month and payments made/yet to be made.
• Recovery follow ups. ( communicating with customers/suppliers for any discrepancies)
• Verifying the allocation/posting of expenses incurred and Revenue earned in their respective Cost & Revenue centers.

Payroll:
• Assisted in preparing monthly Payroll.
(Loans & advances verification, leaves and other deduction’s (Provident Fund) computations.)

Taxes & Duties:
• Maintained records of Taxes in General Ledger (Income tax, Withholding tax, Sales tax & FED)

Cash & Bank:
• Assisting assistant accountant/Cashier in maintaining Cash in hand & Cash at bank, Receivables, Payables other functions. (verifying the clearance of cheques and cash deposited from bank statements-deposit slips)
• Maintained records of Cash in hand and Cash at Bank.
• Made Cash receipt/Payment, Bank receipt/Payment vouchers.
• Monthly Bank reconciliation’s.
• Recording cheques/cash received from customers in their respective ledgers.
• Maintained Petty cash.

Internal Audit:
• Worked closely with Internal Audit department regarding internal controls compliance.
• Verifying internal controls compliance regarding Issues/receipts to/from different customers/suppliers.

Budgeting:
• Assisted management in preparation of yearly budget.
• Comparing monthly expenses incurred with assigned budget (Variance Analysis)