Assistant Manager Accounts
DAWLANCE GROUP OF COMPANIES
Total years of experience :12 years, 10 Months
Skills:
• Corporate Accounting and Reporting
• Dealing with I.tax & S.tax rules
• GAAP Standards, IAS and Government Regulations;
• Accounts Payable, Receivable Processes and Management. •
ERP, EDI & Financial System Technologies;
• Oracle/SAP financial modules operation;
• Dealing with EOBI & PESSI;
• Customer dealing & negotiation;
• Financial and operational audit;
• Budgeting and Variance Analysis.
• Team building & Staff Supervision
• Spreadsheets & Accounting Report
MAIN RESPONSIBILITIES AREA:
• Managing account receivables and payable of sales and service of central Punjab.
• Analysis of ageing schedule of receivables & setting ceiling as per agreed credit limit accordingly. Handling of more than 100 sales dealer networks.
• Ensuring timely recovery of accounts receivable, highlighting potential violation of credit policy. Timely reconciliation of customer accounts.
• Process Credit Memos for any adjustment such as shortage, price discrepancy, discount, freight waiver, noncollectable write-off, merchandise exchange transactions, returns, damage items credit, duplicate invoices, missing shipment.
• Ensuring we don’t over credit the customer by checking the supporting documents and back-up. Track and investigate delivery of units from warehouse/store.
• Posting all cash/ cheque receipts, discounts, allowances, price difference, returns and other charge backs to customer accounts timely and accurately.
• Maintaining thorough, well organised accounts receivable customer files. Investigate and respond back on a timely basis to merchant services disputes.
• Ensuring that the accounts payable function is performed effectively in compliance with internal controls relating to delegation of Authority and verification of invoices.
• Process P.O. matching invoices internal as well as external supplier, dealing with withholding income tax, and VAT/sales tax rules accordingly
• Processing billing of ten franchises & contract workshop rendering services in region.
• Reconciling Oracle financial intra-modules- AR Vs GL, AR Vs Inv. & AP Vs GL
• Reconciling interdepartmental transactions.
• Ensuring compliance of all income tax & sales tax rules throughout operation.
• Preparing bank reconciliation for all bank accounts operating from Branch.
• Petty cash management, voucher management, Verifying & approving invoices received from vendors. Ensuring timely deposition of respective W.H tax.
• Periodic review of cash handling- daily collection and deposit of cash and cheques and validate excess/short collection.
• Physical stocks verification and compliance with company policies on Invoicing & delivery ensure compliance with internal audit recommendations.
• Assists internal audits involving review of accounting and administrative controls.
• Ensure that all procedures related to month end closing of accounts are adhere to
• Branch budget & Profit & loss analysis to reach actual variance causes.
• Monthly analytical review of branch targets achievements and incentive computation accordingly.
• Assisting in the formulation of the department’s budget in compliance with applicable budget policy.
• Monitoring and reviewing accounting, internal controls and related system reports for recommendations and improvements
• Assists in establishing system controls for new financial systems and develops procedures to improve existing systems.
• Mentoring & supervising 08 Nos. regional branches’ accountant in daily financial matters.
CERTIFICATE OF MERIT : Got highest marks nationally in a subject of ' PRODUCTION TECHNOLOGY & PLANT MANAGEMENT" of stage professional II.
