Assistant Manager
COSCO SHIPPING LINES PAKSITAN PVT LTD
Total years of experience :10 years, 0 Months
To ensure export freight documents are align with the SBP procedures
• To ensure organization standard working procedures within the financial framework
• To make comparative analysis for remittances for the pervious and current position
• To ensure taxation procedures are algin with the export freight remittances
• To make continuous follow ups with the bank for change of new policies if any
• To make daily follow ups with the bank for remittances status
• To deal with new policies and changes by the SBP
• Budget allocation protocols application including taxation compliance
• To ensure and reply bank queries for financial and remittances related matters
• To report CFO weekly for remittance and financial obligation with the alternative procedures.
• To report Deputy Manager Finance for daily operational work
• Analysis of financial markets and other commodities for presentation
• Managing of funds and report to the CFO on weekly basis
Achievements:
• To be promoted within 3 years from Management Trainee to Assistant Manager Finance as the
flat organization rather than the hierarchal organization.
• To be organized and arranged compliance requirement for remittances.
• To design new form of Standard Operating Procedures for finance department of Cosco Shipping
Banking Operations)
Job Responsibility
• Ensure that the request for issuance of demand draft/pay order /TT is on the standard application
form and all the required details are proper.
Achievements:
Weekly target of 5 million deposit in current account been achieve by applying the sales
strategies, including car financing contracts with new customers.
• Ensure that the payments received either in cash or through debit of customer's account before
effecting the transfer of funds.
• Ensure that all the requirement / instructions issued by the bank or regulators are fully complied.
• Ensure the IBCAs after proper verification of test and signature.
• Ensure to follow Bank's instruction and procedure on receipt of customer's request for
cancellation of DD/PO.
• Preparation and submission of periodical reports of Pay orders and Demand Draft.
Achievements:
Weekly target of 5 million deposit in current account been achieve by applying the sales
strategies, including car financing contracts with new customers.
To conduct Audit Assertion and Audit Programs in accordance with the audit procedures.
• To prepare accounts top schedule and lead schedule on audit assignments.
• To conduct ledgers verification including Debtors, creditors, selling and distribution.
• To perform audit function for subsequent balances in the bank accounts
• To perform audit evidence standard in accordance with IAS 500
• To perform audit analytical procedure in accordance with the IAS 520
Achievements:
• Mostly assignments of audit performed on Public Limited and Private Limited Company
Including (GEO Production office, Burma oil Mills, Eastern Garments, Independent Media
Group)
• FMCG Companies stock checking assignments and to perform audit assignment for their
inventory.
Initiate RFQ received from the departments and to perform procurement procedures
Coordinate with other officers of portfolio in case of vendor cross checking
Conduct comparative analysis on vendor’s product, capacity, and quality
Coordinate with deputy manager for special approvals
Managing KE supplier and vendor contracts for e.g. first aid box on operational work team vehicle monthly contract renewal
Data Entry task performed daily for e.g. (Product Sales and Stock Sheets)
Report to Manager Finance for email correspondence
Peachtree application task performed under the supervision of Manager Finance
Collect and review emails from vendors and report to Manager Finance daily for status updates for e.g. new product offers and business conferences.
Working in shipping industry eventually lead me to learn maritime perspectives nonetheless master of of science helped to deliver new ideas specially the economics of scale and many more the commercial implication and financial challenges made me to learn new concepts that I had not experience before. In the master of science I worked on a research project on ocean biodiversity in field of oil spill implications.
I opt graduate program to familiar myself to industry practices, I have learned different management level techniques for e.g. pareto analysis and more similar to management information techniques, I worked on independent studies in the shape of research projects and some cooperate social responsibility projects.
In this undergraduate program I have came across different sets of concepts in finance and accounting including forensic accounting and financial interpretation these group of studies help to take better decisions when you're responsible on a managerial level position.