Umar Butt

•Ensuring smooth running of the Accounts Payable department
•Ensuring timely bookings and committed payments
•Maintaining excellent working relationship with external suppliers
•Ensuring the Accounts Payable team are replying to all queries in a timely manner and all queries are dealt correctly and efficiently
•Managing cash out flows and payments forecast
•Performing the month end closing process and reconciliation of the ledgers

•Review every transaction in GL module before Posting
•Overall review of Ledgers & Trial Balance before Financial Reporting
•Critical review & monthly comparisons for direct costs and G & A expenses
•Addition/ Deletion in Chart of Accounts
•Reconcile GL module; with Inventory & Payable modules in Oracle Financial
•Overall Inventory reconciliation with physical stock
•Provide proper accounting strings to every new Item, PO distribution & Issuance from stores in Oracle Financial
•Coordination with Supply chain & Payable Dept. for effective Procure to Pay Process
•Been involved in BCP (Business Continuity Planning)
•Coordination with External Audit team as audit coordinator

•Preparation of Monthly & Statutory Financial Statements
•Reconcile all Inter-Company Receivables & Payables
•Interacting with ERP department for Oracle implementation, reports & issues
•Give proper GL codes for any new Item opens in Oracle Financial
•Overall consumption analysis
•Review Overall Inventory movements & its accounting
•Check slow moving and obsolete items for submission to senior management
•Enter manual transactions in Oracle Financial if needed

•Reconciliation of Stores with GL
•Month wise purchase comparison and investigating variances
•Involved in Preparation & Submission of Sales tax Return as to inventory purchases
•Issued Payments to Creditors
•Reconciled International supplier ledger
•Monthly & Surprise Stock-takes at site
•Interacted with MIS Dept. for upgrading ERP based system for Store Systems

•Maintained Journal vouchers, Ledgers & Trial balance
•Coordinated with all of the Company’s purchases