ACCOUNTANT
VFM ACCOUNTING & BOOKKEEPING
مجموع سنوات الخبرة :7 years, 0 أشهر
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.
BSC (HONS) IN APPLIED ACCOUNTING
ACCA
Studied Arts and Humanities.