Rafaqat Ali Khan, Assistant Manager Accounts & Finance

Rafaqat Ali Khan

Assistant Manager Accounts & Finance

Orion Group of Companies

Location
United Arab Emirates - Dubai
Education
Diploma, Management Accountant
Experience
6 years, 6 Months

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Work Experience

Total years of experience :6 years, 6 Months

Assistant Manager Accounts & Finance at Orion Group of Companies
  • Pakistan - Karachi
  • August 2013 to January 2016

Preparing Daily, Weekly and Monthly MIS Finalization of books of accounts.
Maintaining sales, cash, and bank, purchase and journal books of accounts.
Daily check and review of booking and pending orders by the customers.
Examination and verification of all vouchers posted into the accounting system.
Calculation of NPV and IRR for any suitable investment for management.
Managing sub-ordinates and ensure compliance with accounting procedures and IFRS
Collect, analyze, interpret document / information to arrive at audit result, and prepare in accordance with the procedures / standards
Accurate evaluation of the internal control system of the accounting department.
Reconciling Inter-company accounts, Preparing weekly Bank reconciliation statement.
Preparation and reconciliation of receivables and payables accounts.
Passing necessary accounting entries in books of accounts.
Document audit findings, risks and recommendations and prepare audit report
Prepare daily weight difference analysis report of gate pass vs. weighbridge weight.

Accounts Executive at Home Builders & Developers (Pvt) Limited
  • Pakistan - Karachi
  • February 2012 to July 2013

 Reporting
• Responsible to collect all information needed to prepare revenue and expenses budget and compilation
• Prepare periodical financial and progress reports (financial statements), providing accurate, efficient and timely financial analysis to the management to facilitate decision making process
• Prepare daily reports for various functional units on their budgets and projects
• Prepare monthly reports on bank reconciliations
• Implement corrective actions as assigned by the superiors to correct financial statements
Accounts Payable Ledger
• Responsible to match and pay invoices to ensure accuracy and veracity of invoices
• Update, maintain and review purchase ledgers to ensure that all expenses are accurately posted and monitored against the set budget
• Grant financial approval for the execution of projects and purchases after verifying the allocated budget and terms of the contract
• Evaluate suppliers to tenders upon request, after revising the companies’ financial statements
• Process payments to vendors as per the contract’s terms, including advance payment and penalties
• Assess the percentage completed of the project and the corresponding payment versus expected percentages
Payroll Ledger
• Maintain and run periodic payroll cycles to ensure that all payrolls are processed on time and ensure that all payroll postings are updated and reflected on the accounts ledger
Asset Ledger
• Maintain, update and review asset register to ensure that data are accurate, updated and all accounted for
• Manage the reconciliation of all fixed assets to ensure that inventory is updated
Sales/Income Ledger
• Maintain, update and review sales/income ledger to ensure that actual sales reports are generated
Cost Accounting
• Maintain budgets and prepare costing reports, issuing variance cost and production reports to line management highlighting areas of concern

Audit Trainee at MSI Global Alliance
  • Pakistan
  • August 2009 to January 2012

Developing and performing substantive and analytical procedures so as to determine the reasonableness of the financial statements.
Preparation of Financial Statements in accordance with International Financial Reporting Standards (IFRS).
Evaluating the effectiveness of the design and operations through test of controls and identifying control weaknesses therein and communicating those weaknesses with recommendations to those charged with governance and management.
Reviewing minutes of meetings of board of directors and audit committee and ensuring the compliance with the statutory requirements and Code of Corporate Governance (COCG).
Directed, Supervised and Reviewed work of juniors.

Key Audit Engagements:
The significant corporate clients that have contributed to my professional growth during internship include

Education

Diploma, Management Accountant
  • at Chartered Institute of Management Accountants-UK
  • December 2014
Master's degree, Accounting & Finance
  • at Preston Institute of Management Sciences Karachi Paki
  • September 2011
Higher diploma, Financial Accounting & Management Accounting
  • at Pakistan Institute of Public Finance Accountants
  • September 2009

Specialties & Skills

Accounting
Auditing
Document Preparation
MIS Reporting
ACCOUNTANCY
ACCOUNTING
ACCOUNTING SOFTWARE
ACCOUNTS PAYABLE
ACCOUNTS RECEIVABLE
ADMINISTRACIÓN DE BENEFICIOS
CUSTOMER RELATIONS
FINANCIAL REPORTING
FINANCIAL STATEMENTS
MEETING FACILITATION

Languages

English
Expert
Punjabi
Expert
Urdu
Expert

Hobbies

  • Book reading, Watching Cricket, Listening Music