Manager Accounts
Cherat Cement Company Ltd
Total years of experience :16 years, 9 Months
Prepare financial information/annual budgeting (departmental, Capex & Organizational wide)
Passing all Payment/Receipt Vouchers to the sanctioning and paying authorities.
Calculate the power consumption and per unit cost of the product and Monthly Power Consumption Report
Work out on the MIS Ratios of product, Plant Maintenance Report
Prepare the monthly Cost of Sales Report
To arrange and finalize annual accounts with External Auditor.
To run the SAP 4 HANA software as per the assigned requirements.
Assist in of Replies on the show cause notices of income tax and sales tax
Appear in the court hearing on FBR, High Court for income tax and sales tax matters
Prepare financial information/annual budgeting (department & Organizational wide)
Coordinate with Distribution, operations, Administration, stores, procurement and HR Unit for wider support.
Passing all Payment/Receipt Vouchers to the sanctioning and paying authorities.
Finalize and sign all correspondence on budget proposals, financial statements meant for Govt. of
Pakistan and tax purpose.
To arrange and finalize annual accounts with External Auditor.
Periodic Physical Test checking of financial management of formations instituted under the Q&B system.
To develop profit and loss statement monthly for the management dash board.
To run the SAP software as per the assigned requirements.
Responsible for monthly, quarterly and annual income tax and sales tax returns filing and also close coordination for tax compliances for tax authorities and lawyers.
Preparation of Replies on the show cause notices of income tax and sales tax
Appear in the hearing on FBR for income tax and sales tax matters
Handling the SECP related matters of the group
Taking the approval for DTRE Quota for export
Taking the exemption of sales tax on purchasing of new Machineries
Dealing with Banks, regarding LCs & LCs Limits, Running Finance etc.
Operating PSW system for Import & Export Transactions and shipment clearance.
*Group Includes. (Qazi Chemicals (Pvt) Ltd, Qazi Grinding Mills (Pvt) Ltd, Qazi & Sons Chemicals (Pvt) Ltd and Kifayat Enterprises)
Collecting, interpreting and reviewing financial information
Predicting future financial trends
Reporting to management and stakeholders, and providing advice how the company and future business decisions might be impacted
Producing financial reports related to budgets, account payables, account receivables, expenses etc.
Developing long-term business plans based on these reports
Reviewing, monitoring and managing budgets
Developing strategies that work to minimise financial risk
Analysing market trends and competitors
Ensure sufficient liquidity is available at the business unit level for meeting business needs and corporate resources are deployed in most efficient manner
Identify new opportunities for raising low cost funds for short to medium term.
Review funds request submitted by Implementing Partner and process is within due time.
Ensure that expenses are timely and appropriately made and charged to the relevant budget lines.
Critically review monthly financial report submitted by Implementing Partner and prepares report observations and do follow up.
Review reporting format submitted by Implementing Partner so that data is according to “SUN System Upload format”.
Review monthly consumption of funds against approved budget and report variance in time.
Preparation of hard copies of the monthly financial reports.
To maintain all records and ensure full compliance with organization/ ECHO rule & regulations.
Prepare/update project audit file on monthly basis.
Keep the record of project supplies /inventory.
To deal with day to day financial matters i.e. verification of cheque requests, funds request and payment release form for project.
Coordinate with the IP finance staff for timely processing of their requests.
Monitoring visits to IP on regular basis
Maintain project staff personnel files.
Coordinating and organizing the all project HR Documents for Audit purpose.
Perform visits to the implementing partner to ensure the proper HR policies and procedures are being carried out.
Assist in the procurement of goods and services to the Log Coordinator.
Prepare the comparative statements of finalist vendors and issue the purchase order as per agreed Request for Proposal.
Review the goods at the delivery time with reference to their specification along with other requirements.
Any other task assigned by Supervisor.
Reporting on Financial Statements being audited.
Drafting of management letters.
Preparation accounts from incomplete records and book keeping of financial records of clients.
Assisting clients on redesigning of manual systems to computerized systems.
Assisting clients on selection of computerized systems.
Planning and organizing the audit team for completing the audit with in specific time.
Preparation of replies on FBR notices to the Clients on Tax Return Audit.
Preparation of the Grants Manual for the Project named as “Gomal Zam Dam Command Aread Development (GZD-CADP). This project is funded by USAID and implemented by Government of Khyber Pakhtunkhwa (GoKP).
Support implementation of the process of Grant making, subsequent payments, financial reporting and close out in accordance with the project Grants Manual.
Assist in implementing financial aspect of Grant activities to support project goals,
Oversee grants compliance as per USAID rules and regulations governing grants with reference to financial management aspects.
Draft grant agreements based on the pre-defined templates,
Review and negotiate budgets with grantees,
Review financial reports from grantees, and ensure they are completed according to grants reporting requirements and submit to Finance/Admin
Maintain a detailed record of grant agreements issued, disbursements to grantees according to payment/ delivery schedules,
Review quarterly grants table, monitor the status of grants spending, highlight the concern of under/overspend of grants and take action.
Review grant financial reports to ensure that requisite endorsements and documented approvals are available for payment, inventory with grantee organizations,
Support management with provision of technical assistance to grantees in the areas of finance as and when required.
Support processing of all grants ensuring compliance with the Grants Manual, and USAID rules and regulations.
Verifies and updates reporting schedules and inform management.
Work with external auditors to prepare grant audit as per grants requirement and follow up grants audit action point.
Maintain proper auditable documentation with adequate detail about the processed grants.
Prepares and updates monthly budget monitoring report and accounting documents.
ADDITIONAL DUTIES
Overseeing the procurement process and managing office procurements with the Administration of GoKP.
Assist opening of Assignment Account in Pak Currency & Foreign Currency also.
Prepare revenue, expense, financial sanction, budget and other accounting documents using computerized accounting system with GoKP.
Petty cash and fixed assets management
Preparing monthly Bank Reconciliation Statements with GoKP DAO.
Coordinating with the internal, external and project auditors and ensuring that the audits are carried out within the timelines
Ensuring compliance with the Standard Operating Procedures in day to day operations
Assisting Procurement Advisor, Financial Management Expert, HR & Admin Consultant and M & E Officer Consultant.
_____________________________________________________________________________________________
Oct 01, 2015 to Sep 30, 2016
ADDITIONAL CHARGE:
FINANCIAL MANAGEMENT OFFICER
PMU/PIU GZD-CAD PROJECT, PESHAWAR
ROLES AND RESPONSIBILITIES:
Providing technical assistance to project on issues of financial reporting, budgeting, disbursements, cash flows, invoice processing, accounting system, operation of bank/assignment accounts, external audits, safeguard of assets and monitoring the financial aspects.
Monitor and report the implementation of policies and procedures laid out in FM Manual.
Assist the Finance Section in preparation of reimbursement claims monthly and quarterly reports.
Provide assistance in development and maintenance of strong control environment
bank reconciliations and other control accounts etc.
Review and assemble government financial management system legislation, policies operations and reporting requirements.
Report progress on all assigned activity and deliverables to the PD.
Utilization Reports
Matters related to Benevolent Fund / Group Insurance
Matters related to Pension Fund
Matters related to Contributory Provident Fund
Matters related to General Provident Fund
Matters related to Investment
Matters related to Fixed Assets
Computerized Accounting System
Project Post Completion Activities
Maintenance of Stock and Dead Stock Registers / Ledgers
Matters related to Cheques, Letters, Cases of Advances & Final Payments
Endowment Fund
Budgeting
Internal Check, Pre Audit and Post Audit, Government & Commercial Audits
Periodic and Annual Accounts Preparation & Consolidation
Supervision of Posting of Vouchers
Custody of Vouchers
Matters/Files relating to Finance & Planning Committee
Release of Grants,
Bank & Bank Accounts Related Matters
Reconciliation with Banks
Associate Member of Cost & Management Accountants (ACMA), Institute of Cost & Management Accountants of Pakistan, Islamabad
B.Com - IT (2006-2007) Graduation in Commerce Punjab University