ACCOUNTANT
protectmiddleeast
Total years of experience :40 years, 4 Months
WORKING AS AN ACCOUNTANT MANAGING ACCOUNTS & ACCOUNTS RECEIVABLES AFTER RECONCILIATION WITH SUPPLIERS & CUSTOMERS. PREPARING STAFF SALARIES, LEAVE & FINAL SETTLEMENTS FOR THE OFFICE STAFF & WORKERS.PREPARING PAYMENTS FOR THE LOCAL SUPPLIER, FOREIGN SUPPLIER & SUB CONTRACTORS.
GENERAL ACCOUNTANT PROTECT MIDDLE EAST L.L.C. - ABU DHABI (A well established construction Company working since 1984 in U.A.E.) From Sep 02, 2008 till to Date
• Major Tasks
Performed
➢ Reporting to managing partner, administrative manager and finance manager by preparing different financial reports.
➢ Coordinating in preparing financial statements.
➢ Monitoring accounts receivable & accounts payable.
➢ Monitoring exchange rates (buying forward if necessary)
➢ Preparing reconciliation statements for suppliers, customers & banks.
➢ Handling accounts payable which includes reconciliation of accounts payable ledger with supplier's statement and preparing payments for foreign suppliers, local suppliers & sub-contractors considering the cash situation of the company.
➢ Draft funds transfer letters for foreign suppliers.
➢ Preparing entries of purchase after receiving delivery notes and invoices from the suppliers.
➢ Monitoring company cash flow.
➢ Handling the petty cash along with preparation of relevant vouchers.
➢ Coordinating with store keeper for material requests, stocks, deliveries etc.
➢ Year-end stock taking and reconciliation of stocks with book balances & physical inventory.
➢ Preparing salaries & wages for office staff & labourers.
➢ Recording staff & workers salaries, deduction of loans & advances.
➢ Preparing leave settlements & final settlements for staff and workers.
➢ Corresponding with banks, customers & supplier.
➢ Checking invoices for customers and onward following collection of receivable amount from them.
➢ Dealing with letter of credit, performance guarantee and advance guarantee.
➢ Performing accounting works in the organization complying with general accounting standards and procedures in accordance with the prescribe policies and other regulatory laws.
➢ Passing adjusting closing entries like depreciation, accruals, prepayments etc.
➢ Assessing financial data to provide recommendation and improve effective use of resources and processes; giving strategic advice and maintaining solutions to business and financial concerns.
➢ Ensure accuracy of information contained in financial reports & their compliance with statutory requirements.
➢ Prepare projected & actual cash flow statements.
➢ Finalize Trial balance with supporting schedules.
➢ Ensure effective internal control is applied.
SENIOR
Accounts, Audit, Corporate Affairs & Taxation.
VIQAR A. KHAN & CO.
Chartered Accountants
(Audit Firm registered with Institute of Chartered Accountants of Pakistan under Bye-Laws of Institute.)
Five Years
(From May 2003 to May 2008)
➢ ACCOUNTS SECTION
• Major Tasks
Performed
➢ Drafting & finalization of Financial Statements of the Company.
➢ Monitoring of maintenance of books of accounts of various clients and their reconciliation with audited accounts.
➢ Allocation of staff members to carry out the job effectively.
➢ Review of work done by the staff.
➢ AUDIT SECTION
• Sectors of Audit Exposure
• Major Tasks performed
Cement, engineering, auto parts industry, hotels, hospitals, rubber industry, paper mills and construction industries.
➢ Preparation of audit programs.
➢ Study of the internal control system of the audit client.
➢ Allocation of the audit staff and preparation of time budget.
➢ Review of the field work done by the audit team.
➢ Drafting & finalization of Financial Statements of the company and getting them signed along with Auditors' Report thereon by the principal of the audit Firm.
➢ Correspondence with audit clients.
➢ CORPORATE SECTION
• Major Tasks Performed
➢ Incorporation of the companies.
➢ Preparation and filing of various statutory forms with SECP.
➢ Holding of election of directors.
➢ Holding and recording of board of directors' meeting.
➢ Holding and recording general meeting of the companies.
➢ Supervised the compliance by the companies of following statutory bodies:
- Securities and Exchange Commission of Pakistan
(SECP) (Joint Stock Companies Registration office),
- Stock exchanges,
- Central Depository Company of Pakistan.
• TAXATION SECTION
• Major Tasks
Performed
➢ Engaged in the computation of taxable income and income tax liability of individuals and companies.
➢ Engaged in preparation and filing of income tax returns and wealth statements.
➢ Engaged in preparation and filing of Sales Tax Returns.
➢ Obtained the exemption certificates.
➢ Engaged in filing of appeals before the appellate authorities.
➢ Obtained refund of Individual and companies.
Professional & Academics (Documents verified) DEGREE/CERTIFICATE INSTITUTION DIVISION C.A FOUNDATION Institutes of Chartered Accountants of Pakistan. Passed GRADUATION/BACHELOR Islamia University, Bahawalpur, Pakistan. 1st
INTERMEDIATE (HIGHER SECONDARY SCHOOL CERTIFICATE) Board of Intermediate and Secondary Education, Gujranwala, Pakistan. 1st
MATRICULATION Federal Board of Intermediate and Secondary Education, Islamabad, Pakistan. 1st