ناصر عباس

Key Responsibility : Reviewing the VAT Accounting under AP, AR, Fixed Assets, Inventory, GL, MIS Reporting and other jobs in finance department as and when assigned. The Responsibilities include the following:
 Responsible for filling of VAT returns on monthly basis in compliance with the law and corresponding regulations.  Reviewing accounts receivables, accounts payable, Fixed assets, Inventory, cash transactions, and General Ledger to ensure that the accounting of transactions are done in accordance with the VAT law and corresponding regulations.  Regularly reviewing of the cash flow and bank facilities and to coordinate with Finance manager for processing VAT payments to FTA.  Co-ordination with other departments/divisions for VAT compliances.  Ensuring that the accounts are updated on regular basis for the assigned area in finance department.  Preparing MIS reports required by the management on timely basis.  Processing all the month end transactions and provide the required inputs for preparation of MIS to the management.  Finalization of books of accounts in the assigned area in finance department and provide the details requested by the internal and external auditors for the timely executions of internal statutory and tax audit.  Supervising LC Opening & retirement and management of local and import suppliers & Customers  Responsible for implementation of VAT in all Oracle ERP modules, AR module, AP module, Fixed Asset module and there integration with the accounting module  Testing integration with other modules and extending post Go live support including training support to end users  Provide complete guidance to the programmers regarding transactional compliance with the Accounting Standards and VAT LAW.

Areas of Experience:
Financial Accounts, Payroll, Financial Analysis, Financial Reporting, Budgeting & Forecasting, Inventory Management, Internal & External Auditor Liaison, Budgeting Analysis, Fixed Assets Management, Pricing & Costing, Consolidation of Financial Statements, staff trainings & development.
Key Responsibilities:
Partner with Head of Finance by effectively assisting in day to day financial operations, budget preparation, cash management, reporting and process & system implementation for internal and external accounting reporting requirements. Work with cross functional team in defining accounting process requirements, assist senior finance management team in implementing controls, new policies and procedures. Responsible for generation of MIS reporting function within the group. Implementation of financial policies, systems and procedures of group companies. y further responsibilities include but not limited to
• Prepare & maintain financial accounting records & reports in line with IFRS & company policies & procedures
• Overseeing daily cash requirements and managing finances.
• Preparation of annual budget and its timely modifications.
• Budgeting analysis with actual data.
• Preparation of final annual accounts for management and audit purposes.
• Evaluating and implementing of financial and accounting policies and procedures.
• Responsible for Opex & Capex Analysis.
• Control Expenses within area of responsibility.
• Establishing strong internal control procedures within the group.
• Ensure effective costing and contribution analysis.
• Dealing with financial institutions for long and short term financing requirements.
• Inventory Management
• Communication with company auditors, bankers, vendors and third parties.
• Accounts receivable and payable management.
• Fixed assets Management.
• Training and capacity building of the assigned staff
• Payroll management.
• Review Bank, Supplier & Customers reconciliations & Fixed assets registers
• Supervising LC Opening & retirement and management of local and import suppliers & Customers
• Projection of Cash Flow and follow up on Account Receivables
• Supervising & monitoring Insurance of Vehicles, marine, stocks etc.

Areas of Experience:
VAT & Income Tax, Accounting & Reporting, Financial Management Analysis and Budgeting, Procurement Policies, Designing and implementation of internal control systems ERP development and Computerization.
Key Responsibilities:
VAT & Income Tax return filling, Management Reporting, Formulating Strategy, Budget & Forecasting, Leading & Motivating, Supervision and Control, Pricing & Costing, consolidation of FS

• Finalization of annual financial statements ensuring compliance with the Companies Ordinance, 1984 and International Financial Reporting Standards.
• Budgeting and forecasting with periodical controls, variance analysis, and management reporting and ensuring compliance.
• Planning, controlling and managing corporate cash flows and financial resources.
• Liaison with banks and handling all banking matters;
• Development and implementation of procurement policies of consumables and capital assets.
• Obtaining financial line from the banks regarding imports (LCs, FIM, FATR, Contracts) its renewal and expansion.
• Supervise the Corporate Leasing/financing of Vehicles and update its maturity from bank and Payment Schedule
• LC Opening & retirement and management of local and import suppliers
• Responsible for the Insurance of Vehicles, marine, stocks etc.
• Functioning as the head of the team for preparing the tax returns and books of accounts.
• Preparation of record for Monthly Sales tax return.
• Filling of all companies of Evyol Group VAT returns on monthly & Quarterly basis.
• Filing of monthly and annual withholding tax statements of all companies of Evyol Group under section 149 and 153 of income tax ordinance 2001.
• Prepare record and representing company before Tax Authorities for above mention audits and annual income tax refunds.
• Prepare record for obtaining exemption certificate of customs duty on import under section 565(I) 2006.
• Supervise the team for development of all ERP modules, like Procurement module, Payroll module, Sales module, Fixed Asset module, Production module, inventory management module and there integration with the accounting module.
• Manage entire ERP project operation with a view to achieve business objectives and ensure optimum utilization of resources in co-ordination of programmers
• Documenting users requirements and assist in developing specifications according to business logics for customization for different modules
• Testing integration with other modules and extending post Go live support including training support to end users
• Provide complete guidance to the programmers regarding transactional compliance with the Accounting Standards, industry practices and SOPs of different modules
• Guiding the users in using different modules and management for various functional issues, errors and logics
• Motivated the team in parallel run of the system, checking accuracy of data entry and getting live on all companies
• Ensure regular training of all team to advance team performance