Senior In charge Accounts cum Financial Controller
Descon Engineering Limited
Total years of experience :26 years, 8 Months
To handle the 5 Projects i.e. Lotte Chemecial/Lotte PTA/Bagging/ENGRO Polymer/AGRI Autos in all repects of Accounts & Finance Matters. Serving in DESCON Engineering as "Incharge Accounts" at Lotte Chemical Pakistan Limited and looking for all types of Accounting & Finance Matters. Cash & Bank Handling as well as reconciliations. Payables & Receivables booking and Invoice status of Vendors and Client both. Booking of Cash / Bank /Payable/Receivable Vouchers and their adjustments. To review the Cost & Budget, preparing the Flash Reports & Analytical Studies of each Project. Income Statements Reports & Trail Balance prepartion of monthly & Quarterly basis.
Dealing with Payables & Reconciliations of OLD PROJECT OUT STANDING BALANCES.
Preparation of Monthly Flash Report (Cost & Revenue). Review the Budget & Latest Forecast with Planning before closing the revenue Accrual JV. Preparation the Analytical Studies of each project Actual Vs LF on POC basis. Supervision the monthly closing in all respects including Tool Amortization & Site Facilities. Monthly review the costing & budgeting analysis with PMS/MIS department. WPS salary of all E & I Projects and forward to Admin & Payroll for processing. Looking for all E & I Projects booking & posting of vender invoices in Accounting System. Supervision the monthly closing entries in all expects relating accounts matters. Adjustments for Advance against Expenses of E & I Projects at Dubai, Ruwais & Habshan.
Served as head of Accounts & Finance Section in all aspects.To submit the monthly reports i.e. Trial Balance, Expenditure, Balance Sheet. To control the Mosque Site, Community Centre & Safari Villas Accounting Systems Record.To check the Cash Vouchers, Bank Vouchers, Journal Vouchers and Feed in Accounting Systems. To supervision of All accounting Books i.e. Cash book, Bank Book, Expenses Ledgers etc.etc. To prepare the bank reconciliation statement and submitted to Audit Department & Project Manager. To look after the distribution of Monthly Staff Salaries & Fortnightly Labour Wages. To daily basis monitoring & updated to client regarding daily payments & receipts. To Preparation of cheque and vouchers for payments of suppliers & sub-contractors. To preparation of Monthly Payroll and Final Settlement Payments of permanent employees. Monthly booking & maintain the record of Interim Payment Certificate (Revenue/IPC). Managing & checking the petty cash transactions and cash vouchers.To controlling and look after the manual book keeping in all aspects.To feeding & managing the computerized book keeping in Accounting System basis on Fox pro. Monthly preparation & booking of Payroll and checking the Final Settlement Payments.To look after the distribution of staff & Labour salaries on fortnightly & monthly basis.To preparation of monthly bank reconciliation of Current Account on behalf of Project / Site. Maintain the record of any other advance deduction / recovery against employees or suppliers.To journalize debit notes received from H/O or any Project against different expenses.Preparation of Payment schedules and Cash Flow on monthly basis or when ever required. Preparation and submitted the Monthly Expenditure Reports to Project Manager. Preparation of Financial reports and all schedules in support of trial balance. Preparation of Cheques and vouchers for payments of suppliers & sub-contractors.
Served as In-charge Payroll Section along with maintaining the Staff Advances Schedule, Corporate Tax, Income tax and responsibility for disburstment of salary cash. Served as In-charge Book Keeping Section (manual & computerized both), to supervision the accounting record and edit list and prepared monthly report. Served as Coordinator Small Project, to control and look after the accounting and financial matters for the all small projects having worth less than 100 Million. (i.e. Narowal Public School, Pakistan Sports Board, Wazirabad Bypass and Quetta Air Craft Hanger). Served as Controller Accounting System, controlling and look after all the accounting system requirement and solve the minor problems. Served as Incharge Financial Section dealings with all Islamic Banks regarding Murabaha (Running Finance), Mudarabaha, Mushariqa Facility, Ijara (leasing) and Letter of Credit / Letter of Guarantee (Bid Bond / Performance Bond and Bank Guarantee etc.) Facilities about more than Rs. 3.0 Billions.
Booking of Payment Advices of vendor invoices. Monthly booking & maintain the record of progress invoices (Company Revenue).Maintain the petty cash transactions and account for the cash vouchers. Monthly preparation & booking of Salary Journal Voucher, Payroll and Final Payments. Monthly booking of JV for all construction Equipment & Plant items including vehicles. Booking and journalized the Depreciated Fixed Assets and warehouse consumed items.Distribution the salaries of direct and indirect staff at the end of every month.Monthly reconciliation of Inter Group Current A/c with AUH office & other projects. Maintain the record & reconciliation of Advances against Expenses, Traveling & salary. Maintain the record of any other deduction/recovery against employees or suppliers.To review and checked the monthly Analytical study as per actual & budgeted cost. To journalize debit notes received from Head Office against different expenses. Preparation of Payment schedules on monthly basis. Preparation statement of fund requirements on weekly basis. Preparation and journalize the accruals and adjustments at the month end. Preparation of Financial reports and all schedules in support of trial balance. Preparation of Bank cheques and vouchers for payments of suppliers & sub-contractors. Preparation of Receipt vouchers against cash receivables & other recoveries/deductions.
Worked in payable section dealing with all local & overseas travelling adjustment. Maintained the record of advances against traveling & expenses.Preparation & maintenance the record of Project Allowances for all employees in Pakistan.Finalization the clearance certificate of all employees regarding accounts advances.Maintained the record of credit card payment and its adjustment of MD’s Account.Preparation of payment vouchers / journals voucher of inter group account
From Hailey College, University of Punjab, Lahore Pakistan.
Affilaction with Mishigan University USA.
Corresponding Examinations.
Session 1988-1990