Accountant
Harvest Jewel Trading Est
Total years of experience :12 years, 1 Months
•Posting and refining financial entries to ensure the business transactions are recorded.
•Monitor and review the credit limits of customers.
•Make sure accounts receivable / accounts payable are processed promptly and properly.
•Generate and process customer invoices, and verify the invoices with payments and expenses to ensure correctness.
•Consistently input daily financial transactions and accounts receivable dates to finalize the posting process.
•Follow up with the sales supervisor for late balances of customers in the market.
•Preparation of customer late balance report.
•Assist in the Preparation of Monthly Profit and Loss reports.
• Ensure Account Receivable transactions are accurately recorded in all general ledgers.
• Oversee daily transactions, including accounts
payable/receivable, general ledger, and bank
reconciliations.
•Bank Reconciliation on a daily basis.
•Creating and processing invoices, and cross-checking invoices with payments and expenses to ensure accuracy.
•Preparation of Daily Cash Collection summary
• Preparation of quarterly VAT Input and output sheet.
• Initiating and managing the financial and accounting software (Polosys ERP) used by the company.
•Frequently input daily financial transactions and accounts receivable dates to finalize the posting process.
•Manage Bank and Cash Entries in the Polosys ERP System.
•Any other duties or tasks assigned by the management.
•Preparation of Financial Budget, Small and Medium Enterprises (SME) Grant Budget.
• Full compliance with financial activities, financial
recording/reporting system, and audit follow-up.
• Calculation of taxes deducted at source and submission of online tax.
•Contribute to the assessment of budgetary needs for administrative budgets, and monitor and control expenditures in the office.
•Analyze, evaluate, and control disbursements /receipts, as well as expenditure variances against approved budgets.
• Assist financial management specialist in preparing the budget and Quarterly Advance Request.
•Maintains deliverable tracking sheet and status updates for assigned key grant portfolio and contributes to monthly monitoring and reporting.
•Supports some administrative and logistical functions for the ERKP team, including arranging & facilitating meetings, maintaining/monitoring, enforcing project filing guidelines on both paper and electronically, and budget monitoring &
tracking with the donor requirements.
• Ensure that disbursements are reported periodically and are eligible according to the grant agreement as per MDTF rules and regulations.
•Correspondence with National and international organizations
• Prepare Budget and forecasting for new Projects and participate in regular project progress
review meetings and provide background materials, reports, and analyses as required.
• Preparation of Monthly Financial Statements and Invoices for the prime contractor and regularly maintaining the financial delivery status of the Program with the donor.
•Managing bank accounts of all projects responsible for the overall accounting function.
• Full compliance with financial activities, financial recording/reporting system, and audit follow-up with organization rules and regulations.
• Review financial reports of the prime contractors to ensure compliance with the agreed terms
and conditions. Ensure effective monitoring and follow-up on financial targets set in the
quarterly and annual work plans in terms of implementation and delivery of services.
• Keeps detailed records throughout the year regarding expenditures and receipts of funds.
• Analyzing, Transaction, checking with source documents, verifying bills in posting in SMEDA accounting Package and travel and fuel claims checking and settlement.
• Calculation of taxes deducted at source (General Sales Tax, Withholding Tax, Salary Tax, etc.) and submission of online taxes to the Federal Board of Revenue (FBR).
• Preparation of bank reconciliation and maintaining grant disbursement records.
• Coordination with field staff to ensure that grant
requirements are processed effectively.
• Assisting in the procurement of office equipment & its setup.
• Look after the financial reports including vouchers and prepare quarterly maintaining and updating project personnel records including attendance, leave records, etc.
• Correspondence with the Accountant General Office of Pakistan and with other attached departments.
•Posting and processing journal entries to ensure all business transactions are recorded.
•Tracking payments to internal and external stakeholders.
•Oversee daily transactions, including accounts
payable /receivable, general ledger, and bank
reconciliations.
• Organize financial data into usable information and maintain updated records.
•Preparing budget forecasts and monitoring expenditures.
•Assist with reviewing expenses, payroll records, etc. as assigned.
•Assist in the processing of balance sheets, income
statements, and other financial statements according to legal and company accounting and financial guidelines.
•Reconcile accounts payable and receivable.
•Prepare and submit weekly/monthly reports.
•Ensure timely bank payments.
• Physical verifications of stock and inventories.
•Maintain fixed assets/inventories, and stock registers.
•Any other duties or tasks assigned by the management.
