Assistant Manager–Commercial Finance (Inventory & Payables)
Daraz.pk (Ali Baba Venture)
Total des années d'expérience :12 years, 0 Mois
• Managing Bi Monthly & monthly billing of vendors in Marketplace model which has more than 10000+ vendors and are gradually increasing.
• As part of regional commercial finance team assigned with training teams of other countries of daraz.pk venture.
• Making new process and developing SOPs for efficient working.
• Resolving vendor payment issues and disputes to ensure payment are timely disbursed to the vendor
• Maintain a system of policies and procedures that impose an adequate level of control over Finance Department activities
• Ensure the timely reconciliation (on monthly basis) for all the inventory related accounts.
• Coordinate with warehouse management/staff, and ensure the full compliance to the defined inventory management processes, and controls
• Handling vendors tax deduction matters.
• Investigate any material shortages/overages identified during the stock count processes (monthly/surprise - counts).
• Managing Bi Monthly & monthly billing of vendors in cross dock and seller center model which has more than 1000+ vendors which are gradually increasing.
• Weekly payable/receivable reporting during the week and managing monthly closing reports of billing Departments
• Raising marketing contribution invoices of various brands and reimbursement of discount invoices of various bank for events on Daraz along with supporting calculations.
• Monthly inventory reconciliation of inventory between OMS and accounting system.
• Managing a team of 4 people and to insure all tasks are completed within deadline and smooth flow of operations.
• Resolving vendor payment disputes and reconciliation issues for which cases are registered on desk.com & ensure accuracy of supplier accounts.
• Coordinate with warehouse management/staff, and ensure the full compliance to the defined inventory management processes, and controls
• Regularly in touch with inbounding team so that all the process are taking place smoothly and no delay is taking place in inbounding of items.
• Handling reconciliation issues of vendors within strict deadlines.
• Investigate any material shortages/overages identified during the stock count processes (monthly/surprise - counts).
• Monthly Bank reconciliation
• Pre Audit of payment invoices & reporting discrepancies.
• Daily Bank position report
• Daily, weekly, monthly & quarterly Sales reports.
• Assisting Finance Manager in Finalization of monthly final accounts
• Preparing schedules and identifying any data entry errors.
• Managing the debtors of the Company and ensuring SOP regarding debtors are strictly followed.
• Debtors aging reports
• Filing reports of various assignments directly to Directors
• Ensuring all internal controls are followed as per SOP, to eliminate any deviation from approved policy.
• Highlighting weaknesses of the Accounting process & bringing forward suggestion to improve it.
• Improving policies & procedures to eliminate chance of error or fraud so that organization can run smoothly.
• Managing Petty cash fund
• Maintaining the company’s Account Receivable Ledger, General Ledger & passing JVs
• Stock taking of inventories
• Monthly Bank reconciliation
• Auditing the invoices & reporting discrepancies.
• Daily Bank position report
• Managing the debtors of the Company and ensuring SOP regarding debtors are strictly followed.
• Aging reports of Debtors
• Filing reports of various assignments directly to Directors
• Ensuring all internal controls are followed as per SOP, to eliminate any deviation from approved policy.
• Highlighting weaknesses of the Accounting process & bringing forward suggestion to improve it.
• Improving policies & procedures to eliminate chance of error or fraud so that organization can run smoothly.
• Managing Petty cash fund
• Maintaining the company’s Account Receivable Ledger, General Ledger & passing JVs
• Post Audit of payment & receipt vouchers and reporting any discrepancies.
• Reporting directly to Directors
• Stock taking of inventories
• Transfer of Fixed Asset from Excel to Oracle Fixed Asset Management Module
• Preparing Daily and Weekly Bank Position
• Preparing payments and deducting taxes from payment
• E-Filing of Direct Taxes and Sales Taxes
• Adjusting Tax Challan received from customers maintaining record of all tax Challan received.
• Recording Cash Payment and Receipts in Oracle GL module
• Recording daily recovery of all 3 regions in Oracle and Excel
• Preparing schedules at the end of the Accounting year.
Institute of Cost and Management Accountant
Graduate in Commerce with majors in Financial Accounting & Management Accounting
