Senior Accountant
QD CPC Industries
مجموع سنوات الخبرة :9 years, 4 أشهر
• Preparation of monthly treasury report, cash position and bank reconciliations;
• Preparing monthly sales invoices and posting the same in the system;
• Process supplier’s invoices including preparation of payment requests and payment transfers and ensuring proper supporting documents i.e. approved POs, agreement, delivery tickets & invoice authorization etc;
• Posting invoices and payments in the system;
• Preparing customers and suppliers’ ageing report on monthly basis;
• Perform trade finance function, i.e.
- preparing LC requests for the supplier’s payment;
- preparing bank guarantee request for advance payment and performance bonds
- preparing LC invoices to claim our payment from the client in case of LC arrangement; etc
• Ensure timely and accurate supplier payments while maintaining appropriate cash flow management;
• Involve in establishing the pricing of the product for the existing and new clients.
• Maintain proper fixed asset register and record fixed assets additions and disposal in the system on timely basis;
• Capitalisation of fixed assets and maintain proper fixed assets records i.e. CAPEX, capitalization certificates, invoices, LPOs etc;
• Posting of depreciation entries on monthly basis;
• Preparing monthly management reports and submit to Finance Manager
• Close coordination with the banks for LCs, LGs and suppliers’ payments
• Close coordination with auditors for the finalization of statutory financial audits
• Preparation of monthly treasury report and bank reconciliations;
• Posting sales invoices;
• Prepare customer ageing report on monthly basis;
• Process supplier’s invoices including preparation of payment requests and payment transfers and ensuring proper supporting documents i.e. approved POs, agreement, delivery tickets & invoice authorization etc;
• Posting invoices and payments in the system and keep all relevant documents in the respective files;
• Ensure timely and accurate supplier payments while maintaining appropriate cash flow management;
• Maintain proper fixed asset register and record fixed assets additions and disposal in the system on timely basis;
• Capitalisation of fixed assets and maintain proper fixed assets records i.e. CAPEX, capitalization certificates, invoices, LPOs etc;
• Posting of depreciation entries on monthly basis;
I have been working working in Karachi International Container Terminal (KICT) since March 2013, currently designated as an Accounting Officer. KICT is Pakistan's leading container terminal operator, has been in operation since 1998. KICT is a member of the Hutchison Port Holdings (HPH) Group, a subsidiary of the multinational conglomerate Hutchison Whampoa Limited (HWL), is the world's leading port investor, developer and operator.
Roles and responsibilities - Finance department
• Preparing journal entries
• Using ORACLE SOFTWARE for maintaining accounting records
• Assisting in month end closing process
• Assisting in the treasury function of the department
• Involving in trade finance function of the company
• Managing accounts payable process
• Preparing bank reconciliations
• Assisting my department head in budget preparation
• Any other tasks assigned by the manager
I joined KICT's operation department as an Operation Officer and on 21 January 2014, I got an internal transfer from the operation department to the finance department of KICT.
Roles and responsibilities - Operation department
- Planning of container yard;
- Supervision of import and export containers stacking process;
- Supervision of ground staff regarding day to day operational activities;
Audit experience
I completed internship with KPMG, Karachi Audit and Assurance department from 23 December 2011 to 4 October 2012. During my internship with KPMG I worked as a junior team member on the following major clients.
• Crescent Steel and Allied Products Limited (Listed Company)
• Oberther Technology Pakistan
• Pakistan Private Equity
• Karachi Initiative Education
• Lintas Limited
Roles and responsibilities - Audit
Roles and responsibilities (Acting as an External Auditor)
• Responsible for managing the assigned tasks on audit engagements.
• Perform general risk assessment by reviewing client’s internal minutes of meetings of Board and management committees, internal audit reports and inquiries with key management personnel.
• Understanding and documenting the entity and its environment, laws and regulations, ownership & governance, accounting policies, its operations, related parties, objectives & strategy.
• Prepare audit program and perform substantive audit procedures for the test of detail of transactions and accounts balances for the assigned tasks.
• Perform analytical procedures of the respective of respective area during planning and finalizations stage.
• Ensure the proper disclosures in the client’s financial statements in accordance with International Financial Reporting Standards (IFRSs) issued by the international accounting standard Board (IASB).
• Discuss on critical accounting issues with clients and audit manager.
• Ensure compliance of various laws and regulations on audit engagements.
• Identify the internal control weaknesses and report to the Audit manager.
• Performed field work on various account sections;
- Fixed assets;
- Cash and bank balances;
- Receivables and payables;
- Payroll;
- Shareholders' equity; and
- Bank borrowings etc.
SKILLS
• Extensive knowledge of International Accounting Standards
• Extensive knowledge of Internal Standards on Auditing
• Knowledge of general accounting principles and practices
ACTIVITIES AND HOBBIES
• Reading books, internet surfing, watching TV and listening music
• Active cricket player.
PROFESSIONAL QUALIFICATIONS AND ACADEMIC BACKGROUND * Affiliate member of Association of Chartered Certified Accountants (ACCA) * Master of Arts in Economics from University of Karachi, Pakistan (In progress)
Bachelor of Commerce from University of Karachi, Pakistan Member of Association of Chartered Certified Accountants (ACCA) Uk