Account Manager
Myrkott Animation Studio
Total des années d'expérience :13 years, 7 Mois
Reporting Planning Performance Measures
Checks and Balance the Overall Accounting System.
Manage Internal Control System of Accounting
Preparation of Financial Reports up to finalization
Manage Payable and Receivables
Check and Supervise daily routine transactions
Supervise Bank Reconciliations process on daily Basis.
Recruiting Staff for Company
Lia son with External Auditors and provide them requisite for making the audit process smooth
Dealing with Banks for applying for Credit Facilities and make arrangements for restructuring of Loans which involves bargain over interest rates and provide them requisite documentations.
Identify Errors in Accounting System and make appropriate change in our Licensed software
Create Coordination between Purchase department and Sales department. Provide them feedback
Make Reconciliation for Inventory at store.
Deal company suppliers and follow up with Customers.
Identify and create threshold for credit limit for each customer .
Make sure the Timely payment of suppliers.
Job Responsibilities
• Financial Reporting: Preparing Trial Balance, Profit & Loss Account and Balance Sheet and reconciliations on month and year end closing.
• Budget Preparation: Assists in various budgeting & planning e.g. Cash, Expenditures etc for annual and quarterly requirements of the company.
• Receivables Management: Follow up the Invoices and submitting with through verification and forwarding it to management for their signatories. Once they approve than keep follow up on a regular basis until they are being paid.
• Payable Management: Upon receipt of the invoices from the suppliers to make necessary entries for accounting the transaction after this I need to check all the entries made and process for the payment. Basing on the monthly invoices received, I prepared the expenditure budget for the monthly payment.
• Funds Flow Management: Assist in preparing Cash budget through forecasting techniques & Preparing Cash Flow and Fund Flow Statement basing on the computerized system for the management information and to see that enough funds available for making the payments to the Partners and Suppliers. Liaise with seniors & staff for any cash difference reconciliation.
• Bank Reconciliation: Preparing monthly bank reconciliation statement for various banks.
• Business Correspondence: Prepares formal and informal correspondence with the suppliers and banks. Giving necessary feedback.
• Inventory Management & Procurement: To maintain a master inventory report of (i.e. Iron inventory report) of all warehouses defining inventory levels and updates it on weekly basis. To verify requisitions, take quotations for procurement; prepare comparative statements, finalizing Purchase Order, receiving goods and issuing GRN etc.
• Payroll Management: Oversees matters relating to payments to staff: staff accounts, salaries, calculation of leave and final settlement; overtime calculation; handles calculation of salesmen incentive schemes.
• Petty Cash Fund: Monitors petty cash transactions handled by Cashier.
• Auditing & support services: Internal Review on all financial transactions on quarterly basis and report to Senior Manager. Conduct Inventory audit by visiting warehouse and report any abnormal activity. Responsibility to identify and manage risks by highlighting issues with potential solutions, & train the staff for any weakness by developing internal control culture.
• Maintaining Credit policies: Ensure that the documentation is complete as per company procedures for all finance for cash or Credit under company deals.
• Reporting Management: Prepare Ageing Analysis of Receivable and Payable,
Responsible for the integrity and accuracy of the financial statements.
Investigate, understand and communicate financial results and trends to Senior Management.
Review daily collection, deposit of cash and cheques and make reconciliation for any difference.
Recommend appropriate course of action when results differ from expectations.
Direct and coordinates implementation of programs, involving the ERP application program.
Responsible for G.L reconciliation and documentation and year-end work process.
Monitor vouchers, ledgers and entries of accountants.
Monitor Employee Business Expense reports.
Prepared various return for the submission to State Bank of Pakistan (SBP) under guideline of various Prudential Regulations issues by SBP and meeting the deadlines.
Inspected& Preparedregulatory returns such as statement of letter credit, daily deposits sheets, Quarterly data deposits analysis sheets, weekly report chart of accounts, balance held abroad & shares exposure of HBL for errors and report the same to senior manager.
Summary:
Gaining an Experience in the biggest private Bank in terms of deposit, portfolio & market share i have gained greater confidence and have been groomed in professional attitude. I was assigned as finance trainee in the financial control division which also enabled me to focus on such areas which i always liked. I went through different experience at times.While completing my first year of recorded experience into ACCA i have made up my mind that i would gain CFA certification and will be willing to pursue finance career.
Skills Learned (SOFP Preparation, Software Accounting, Project Accounting, P/L Preparation)
• Project Accounting: Preparation of P/L on each Project. Prepare final invoice package containing draft and final invoices for all billable projects, including all applicable backup for approval by the Accounting Supervisor.
I. Work with the cash receipts team member to reconcile variances that occur in the application of cash.
• Management Accounting:
I. Prepare balance sheet account reconcilements, as directed by the Accounting Supervisor.
II. Research any unbilled issues to optimize the billing possibilities for the billing period.
III. Prepare special project analyses for the PICs, PMs and others
• Documentations:
I. Mail final invoices file consultant and client invoice copies in the billing folder.
II. Maintain the billing folders for all projects, with all the appropriate documents, including expenses, consultant invoices, and monthly invoices, in accordance with standard procedures.
• Financial Analysis:
I. Monthly analyze the P & L accounts monthly, as assigned by the Accounting Supervisor
• Coordination with Managers:
I. Effectively communicate with Project Managers (PM) and Principals-in-Charge (PIC), regarding contract documents, change orders and other contract modifications, approvals, and any additional services-related to billing.
• Other Responsibilities:
I. Perform additional assignments, as directed by the Accounting Supervisor
II. Prepare monthly bank reconciliation statements of all bank accounts; resolve any differences in a timely manner. Recommend and implement agreed process improvements to the billing cycle.
Expected Completion in Dec 2015
Waiting for Final Result
ACCA Affiliate Since Feb 2013
Bachelor of Commerce, December 2010 Equivalent to 14 years of Education and Eligibility equivalent to BBA Two Years
All Nine Subjects Passed . Completed a year experience gained CAT accreditation
Completed twelve years of Education. Following subjects were studied Principle of Commerce,Principle of Economics,Banking,English,Urdu,Islamiat,Pakistan Studies
Completed ten years of Education (Finish School Studies) Faculty: Computer Science
