Chief Accountant
Workers Village Real Estate LLC
Total years of experience :26 years, 1 Months
• Managing the Accounts & Finance Department.
• Direct Reporting to Controller Finance
• Internal Financial Accounting.
• Verification of Cash Management & Daily Reconciliation.
• Verification of Daily Banking & Reconciliation.
• Verification of Budgeting & Analysis of Variances.
• Verification of the Purchase Procedure.
• Verification of the summary with aging of Accounts Receivable and Payables.
• Internal Auditing.
• Cost Controlling.
• Assets Management.
• Accounting Software Developer with programmers.
• Verification of Payroll & Reconciliation.
• Verification of GL Reconciliation.
• Verification of Advances to Staff / Loans to Staff.
• Verification of Daily Summary of all group Companies.
• Liaises with External Auditors for the Annual Audit
• Insurance :
Equipment. Machinery. Motors. Non Motors.
All Risk. Health Insurance
• Planning and developing of recovery system.
• Organizing the recovery department.
• Visiting and making the good relations with clients.
• Monthly Accounts.
• Periodic Accounts.
• Financial Reports.
• MIS Reports.
• Finalizing the Annual Accounts.
• Prepare the budget.
• Analysis of Budget Variances on monthly basis.
• Report to the management for the unfavorable expenses along with remarks.
• Checking the Staff Salaries.
• Advance to Staff.
• Monthly deduction.
• Addition and deletion of Staff.
• Verifying the absents for deduction from salaries.
• Verifying the other benefits like Overtime etc.
• Checking daily collection and deposits.
• Checking and monitoring the difference in collection and deposits.
• Audit of Payables & Receivables along with Aging.
• Dealing with banks.
RECOVERY :-
• Supervising the recovery department.
• Providing the direct assistance to General Manager.
• Planning and developing of recovery system.
• Organizing the recovery department.
• Visiting and making the good relations with other insurance companies.
• Dealing with other Insurance companies regarding recoveries of
Outstanding claims.
• Major focus on Receivables and Payables.
• Reporting to Management regarding the update status of recoveries
On monthly basis.
ACCOUNTS :-
Supervising the Accounts department. Assisting to General Manager
Accounts and Finance.
General Duties :-
• Monthly Accounts.
• Periodic Accounts.
• Financial Reports.
• MIS Reports.
• Finalizing the Annual Accounts.
• Liaises with External Auditors for the Annual Audit.
• Fixed Assets Schedule.
• Reconciliation of Accounts with other Insurance Companies, Banks,
Brokers, Agencies and Garages. Issued Credit Notes and Debit Notes
And Exchange of Credit Notes.
• Allocation of Expenses.
• Prepare Audit Schedules for External Auditors.
Budgeting :-
• Prepare the budget.
• Analysis of Budget Variances on monthly basis.
• Report to the management for the unfavorable expenses along with remarks.
Payroll :-
• Checking the Staff Salaries.
• Advance to Staff.
• Monthly deduction.
• Addition and deletion of Staff.
• Verifying the absents for deduction from salaries.
• Verifying the other benefits like Overtime etc.
Cash Management :-
• Daily Cash Management,
• Checking daily collection and deposits.
• Checking and monitoring the difference in collection and deposits.
• Audit of Payables & Receivables.
• Dealing with banks.
• Supervision of the daily petty cash management.
Public Dealing :-
• Dealing with Govt. authorities and Ministries regarding the concerned
matters, and dealing with insurance Companies, Garages and direct
Customers regarding the receivables and payables.
• Managing audit engagements - Planning, execution, budgeting, monitoring, staff
Planning.
• Plan and manage priorities to complete tasks on an accurate and timely basis and
Within budget.¬
• Monitoring and control over staff and completion of audit work.
• Ensuring efficient and effective completion of assigned tasks.
• Good analytical, financial appraisal, interpersonal ability to handle multiple tasks and meet deadlines and targets on timely basis.
• Delegating work to assistants, supervising and reviewing of work performed by them.
• Reviewing of financial statements to ensure compliance with relevant disclosures requirements as per the International Accounting Standards or IFRS and other rules, regulations and laws.
• Finalizing of financial statements along with the covering letters to the Board of Directors.
• Preparation of management letter to the client’s management, highlighting weaknesses in Internal Controls.
• Provide an on-site co-ordination role for audit clients including planning, day to day control of the audit team, liaising with clients and completing audit assignments.
• Leading and management of fieldwork on clients, liaising with other departments to ensure smooth delivery of the Audit process.
• Reviewed the system of internal control of clients and drafted reports on weaknesses in Internal Control and compliance of management policies also with implications and recommendations.
• Performance of extensive analytical reviews using trend analysis, peer company analysis.
General Duties :-
To conduct review of assigned organizational and functional activities.
To plan and execute audits in Accordance with accepted standards. Perform
Special review at the request of the management. Evaluate The financial
And other reports. To identify the key control points of the system.
To control the debtors and creditors. Preparing the audit reports
With the recommended suggestions.
APA - Associated Member of Institute of Public Finance Accountant - 2003 Pakistan Institute of Public Finance Accounts, Pakistan.
AFA - Associated Member of Institute of Financial Accounts - 200 Institute of Financial Accountants, United Kingdom.
ATM - Associated Member of Institute of Taxation Management - 2000 Institute of Taxation Management, Pakistan.
MBA (Finance ) - Master in Business Administration - 1999 National Textile College & Management Institute, Lahore Campus, Pakistan.
ACMA II - Cost and Management Accountant - 1993 Institute of Cost & Management Accountants of Pakistan, Lahore, Pakistan.