سمر عباس

 Dealt with clientele for quarterly VAT documentation, finalization of 201 return, and submission to FTA.
 Advised on different business scenarios of VAT requirements including import & export-related matters.
 Dealt with implications of Zero-rated and exempt supplies as well as with standard rated VAT rules to the number of clients, which vary from business to business.
 Handled new client applications for VAT registration through the FTA portal and meeting the legal requirements of voluntary and mandatory registration.
 Handled process of VAT refundable application and enhanced knowledge of new rules of ESR as well.
 Prepared financials of multiple clients of different sectors including, General Trading, Hospitality, Retail, Clinics, Manufacturing & Luxury products.

LUTFI Trading is an electronic division of LUTFI Group in UAE & Oman.
LUTFI Group operates in four different segments in UAE with the
name of LUTFI Trading (electronics division), LUTFI optical, LUTFI
ophthalmic lab, and Integrated Plastic Packaging.
ACHIEVEMENTS:
 Reduced business risk by categorizing customers based on commercial
potential and payment history.
 Enhanced cash flow through the timely collection of PDCs and
implementing a cash discount policy.
 Reduced holding cost of Inventory through establishing the company
personal warehouse rather than using third party logistics.
DUTIES AND RESPONSIBILITIES:
 Prepared Sales Invoices, Delivery Notes, and Sales analysis and
evaluation of cost and margin reports.
 Managed the complete accounting cycle of the Branch including related
transactions to, GL, Receivables, Payables, Inventory, petty cash
expenses, and accrual & prepayment transactions.
 Performed reconciliation of Banks, Petty Cash, Debtors, Creditors, and
Intercompany accounts.
 Handled all types of receipts in form of Cash, PDC, and Current dated cheques and scheduled deposits.
 Prepared aging reports and analysis, the credit limit, and following up of overdue balances for recovery.
 Conducted Sales Team meetings on margin improvements, balance confirmations, and pending recoveries.
 Processed payments of logistic vendor bills and third-party servicing bills of the warranty claim.
 Produces payroll and WPS, review and confirm payroll related, calculations including addition & deduction based on approval from HR & line manager & handled complete accounting records accordingly.
 Handled month-end closing, adjusting entries, finalization of monthly & yearly Trial Balance, P & L, and assisted group finance manager in preparation of annual financial statements including P&L, BS & CFS.
 Meeting with external auditors for requirements of supporting documents, reconciliations of accounts for the preparation of audited financial statements.

United Auto is a motorcycle manufacturing company operating in the automobile industry of Pakistan.
ACHIEVEMENTS:
 Handled complete implementation of Oracle R12 application at United Auto Industry, stood as a key member of the ERP implementation process on behalf of United Auto and became the ERP coordinator between the United Auto and Software team of Oracle R12.
DUTIES AND RESPONSIBILITIES:
 Assisted in the preparation of budgets, forecasts, and annual financials.
 Processed supplier bills and payments after verifying the original supporting documents of the purchase process according to the defined SOPs of the company.
 Performed Reconciliation of Banks, Suppliers, Consignments, Daily Sales, and reconciliation of GL.
 Assisted manager accounts in finalization of the monthly payroll process.
 Handled cash and cheque receipts from debtors and bank deposits.
 Handled import matters of the company with China and coordinated with internal Banks for Letter of Credits, LC payments, and shipment clearance and clearing agent payments.
 Handled several MIS reports including daily sales reports, recovery reports, cheque deposits and PDCs collection, and receivable aging reports for the management.

WIZMEN SYSTEMS is a software house, which is working as an Oracle partner with standard and customized products of Financial, Inventory, Fixed Assets, and Payroll modules.
DUTIES AND RESPONSIBILITIES
 Performed business process analysis on different sectors to understand the existing accounting system of the organizations.
 Designed, Defined, and recommended the standard SOPs on the accounting software of the organizations.
 Implemented full accounting cycle of financial and inventory modules in different sectors of industry, including Textile, Restaurant, Automobile, Education, Real Estate, and Not-for-profit organizations.