Finance Officer/Senior Accountant
Interloop Limited
Total years of experience :4 years, 5 Months
Preparing monthly, bi-annual, and yearly financial statements in accordance with regulatory standards Preparing and managing comprehensive budgets for an entire financial year, collaborating effectively with cross-functional teams to gather relevant financial data and incorporate business insights into budgetary projections Thoroughly analyzing financial statements, including Actual vs. Historical, Actual vs. Budgeted, and Actual vs. Forecasted data, providing valuable insights to senior management to support critical decision-making Performing in-depth analysis division wise, calculating per-unit costs across product categories on a monthly basis. Identifying and explaining variances to assist in decision-making. Regularly reviewing monthly performance, conducting financial assessments, and detecting unusual transactions. Proposing necessary adjustments to maintain the accuracy of F/S. Collaborating with external auditors to streamline the provision of data Leading a team of interns, offering guidance and mentorship as they navigated through accounting processes and workflows. Leading monthly trial closing, valuing finished stocks and WIP across multiple divisions and calculating segment wise profitability.
Conducted thorough audits for Ittehad Industries' hotel and restaurant, employing
expertise in cost accounting to optimize recipe costs, reduce wastages, and fortify
inventory control measures, thereby enhancing overall cost management
Managed review of bank and cash payments, accurately reconciling bank statements
Managed vendor payments review, analyzing aging reports to improve payment
processes
Checked General Ledger accounts, Trial Balance, and financial statements to ensure
accurate data
Created audit findings reports, and assisted in formation of standard operating
procedures (SOPs) to improve processes
Conducted detailed analysis of inventory, helping to control costs and operations
Managed Fixed Assets using SAP (FI Module), improving asset control and reporting
accuracy
Developed SOPs and Internal Controls for Fixed Assets, ensuring compliance with
industry standards
Reconciled cash and vendor accounts, maintaining accurate financial records
Checked physical assets and monitored inventory counts, ensuring accuracy of data
I have done O level and A levels and as my master education I have done ACCA (Association of Certified Chartered Accountant) Along with my studies I have gained experience of more than 3 years which have made me an ACCA Member