Accountant
Lahore Business Systems
Total years of experience :5 years, 11 Months
Responsibilities Includes;
Determining system improvements and business process re-engineering; implementing change to add value;
Acts as subject matter expert of the team, interpreting accounting guidelines over the GL accounts handled and owned by the team, highlighting deviation from IFRS and providing timely solutions to resolve the issue;
Planning and organizing budget, consolidated forecast budgets data, preparing periodic reports that compare budgeted costs to actual costs to avoid budgetary slack by following financial policies and procedures of company;
Performed period analysis of revenues & expenses and suggest the way to enhance sales, reduce cost and improve profit;
Developed and implemented the departmental internal control systems, policies and procedures. Identify, mitigate and manage control risks within company risk appetite to achieve company’s objective;
Report and respond to inquiries from CFO and top management, regarding financial results, special reporting and inform issues likely to affect the operations of organization;
Involved in financial investments activities to analysis to feasibility of investments, investment risks and economic factor influences;
Prepare and maintain accounts ledgers, AP/AR, fixed assets, payroll process, reconciliations and financial statements;
Finalized value for money marketing and advertising plan of the company for optimized increase sales;
Prepare daily fund position of cash and bank;
Coordinate in-house and external parties to clarify accounting related issues;
Maintains customer confidence and protects operations by keeping financial information confidential;
Any other duties assigned by top management.
Responsibilities includes:
Prepare accounts monthly, quarterly, bi - annually and annually in compliance with guidelines and standards set by the Department of Finance and international accounting standards as appropriate;
Consolidate all financial data received from all branches;
Provide information and data to the internal auditors and external auditors to assist in their work and report preparation;
Reconciliation of monthly banks statements, customer & vendor balances and calculate aging to maintain receipts & payments;
Prepare and maintain monthly salaries and wages expense sheet;
Prepare RO/PO and maintain RO/PO sheet;
Receive, keep record of invoices and ensure the accuracy of bills;
Calculate bulk discount claims and adjustments in payments;
Support in sales invoice preparation for internal and external billing purpose;
Handle customer and vendor billing disputed matters to ensure complaints and issues are resolved;
Prepare claims and follow up of Credit Notes;
Coordinate with sales personnel to analyze pending bills;
Assist client in review of invoices;
Posts client payment by knock off the invoices and update receivable balance;
Daily reporting profitability of transactions, weekly & monthly business placement and customer account profitability;
Supervise and evaluate work of billing staff, performance and provide feedback to CEO;
Participate in all financial closing activities;
Prepare sub-ledger reports on monthly basis and prepare final trial balance;
Any other duties assigned by management.
• ACCA Finalist (Oxford Brook University England & Wales) PRIMARY QUALIFICATION: • B.COM (Bachelor of Commerce) (2003 2005)