Muhammad Usman Piracha, Senior Executive Accounts

Muhammad Usman Piracha

Senior Executive Accounts

Insignia Shoes (Stylo Group)

Location
Pakistan - Lahore
Education
Master's degree, Insurance And Financial Risks Studies
Experience
11 years, 3 Months

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Work Experience

Total years of experience :11 years, 3 Months

Senior Executive Accounts at Insignia Shoes (Stylo Group)
  • Pakistan - Lahore
  • My current job since December 2023

Job Description / Responsibilities:
• Assisted Account Managers in managing client relationships and resolving customer service issues.
• Monitored customer accounts to ensure timely payment of invoices and resolve any discrepancies or issues that arise.
• Generated weekly aging reports for management review.
• Performed month-end closing tasks such as reconciling subledger accounts.
• Prepared journal entries related to Accounts Payable and Receivable activities.
• Provided support for Accounts Payable and Receivable staff when needed.
• Received and recorded cash, checks and transfers.
• Performed data entry tasks such as entering orders into the system and updating customer information.
• Reviewed and audited invoices to ensure accuracy of payment.
• Maintained records of payments and expenditures.
• Prepared monthly financial statements for accounts payable ledger.
• Processed batches of invoices for payment in a timely manner.
• Generated reports on outstanding payments and vendor account balances.
• Reconciled supplier statements with internal ledgers.
• Investigated discrepancies between invoices, purchase orders, and contracts.
• Resolved invoice disputes with vendors in a professional manner.
• Provided guidance to other members of the accounting team regarding payables processes.
• Monitored accounts payable activity to ensure compliance with company policies and procedures.
• Assisted in month-end closing process by preparing journal entries related to Accounts Payable transactions.
• Developed strong relationships with customers to ensure timely payment of outstanding balances.
• Reviewed customer accounts regularly to identify discrepancies in billing or payment history.
• Maintained accurate records of all transactions relating to accounts receivable and payable activities.
• Monitored cash flow position on a daily basis and provided timely updates to management.
• Reconciled bank statements on a regular basis.

Assistant Account Manager at Glamour Garments
  • Pakistan - Lahore
  • August 2023 to November 2023

Job Description / Responsibilities:
• Assisted Account Managers in managing client relationships and resolving customer service issues.
• Monitored customer accounts to ensure timely payment of invoices and resolve any discrepancies or issues that arise.
• Generated weekly aging reports for management review.
• Performed month-end closing tasks such as reconciling subledger accounts.
• Prepared journal entries related to Accounts Payable and Receivable activities.
• Provided support for Accounts Payable and Receivable staff when needed.
• Received and recorded cash, checks and transfers.
• Performed data entry tasks such as entering orders into the system and updating customer information.
• Reviewed and audited invoices to ensure accuracy of payment.
• Maintained records of payments and expenditures.
• Prepared monthly financial statements for accounts payable ledger.
• Processed batches of invoices for payment in a timely manner.
• Generated reports on outstanding payments and vendor account balances.
• Reconciled supplier statements with internal ledgers.
• Investigated discrepancies between invoices, purchase orders, and contracts.
• Resolved invoice disputes with vendors in a professional manner.
• Provided guidance to other members of the accounting team regarding payables processes.
• Monitored accounts payable activity to ensure compliance with company policies and procedures.
• Assisted in month-end closing process by preparing journal entries related to Accounts Payable transactions.
• Developed strong relationships with customers to ensure timely payment of outstanding balances.
• Reviewed customer accounts regularly to identify discrepancies in billing or payment history.
• Maintained accurate records of all transactions relating to accounts receivable and payable activities.
• Monitored cash flow position on a daily basis and provided timely updates to management.
• Reconciled bank statements on a regular basis.

Assistant Manager at ALFALAH INSURANCE COMPANY
  • Pakistan
  • February 2018 to June 2023

Job Description / Responsibilities:
• Reviewed applications for completeness and accuracy of information.
• Assisted with new business processing, renewals, endorsements, cancellations and reinstatements.
• Compiled data from underwriting files to prepare reports for management review.
• Managed a portfolio of clients by providing customer service support related to their policies.
• Organized documents needed for underwriting decisions and prepared summaries of findings.
• Researched complex risk factors associated with potential policyholders and advised on acceptability criteria.
• Performed quality control checks on all documentation prior to submission to ensure accuracy and compliance with company standards.
• Analyzed financial records such as balance sheets, income statements, cash flow projections and other relevant documents.
• Maintained up-to-date knowledge of insurance regulations, best practices and industry trends.
• Monitored accounts receivable and payable activity for assigned accounts.
• Collaborated with other departments such as Claims or Accounting when necessary.
• Conducted comprehensive analysis and evaluated risk to control underwriting loss.
• Managed physical and digital files, monitored spreadsheets and updated reports to coordinate project materials.
• Performed data entry functions to track information such as payments, account updates and customer interactions.
• Worked with colleagues to review, accept or deny new and renewal business.

Assistant Accountant at ESCORTS INTERNATIONAL
  • Pakistan
  • January 2013 to January 2018

Job Description / Responsibilities:
• Assisted Account Managers in managing client relationships and resolving customer service issues.
• Monitored customer accounts to ensure timely payment of invoices and resolve any discrepancies or issues that arise.
• Generated weekly aging reports for management review.
• Performed month-end closing tasks such as reconciling subledger accounts.
• Prepared journal entries related to Accounts Payable and Receivable activities.
• Provided support for Accounts Payable and Receivable staff when needed.
• Received and recorded cash, checks and transfers.
• Performed data entry tasks such as entering orders into the system and updating customer information.
• Reviewed and audited invoices to ensure accuracy of payment.
• Maintained records of payments and expenditures.
• Prepared monthly financial statements for accounts payable ledger.
• Processed batches of invoices for payment in a timely manner.
• Generated reports on outstanding payments and vendor account balances.
• Reconciled supplier statements with internal ledgers.
• Investigated discrepancies between invoices, purchase orders, and contracts.
• Resolved invoice disputes with vendors in a professional manner.
• Provided guidance to other members of the accounting team regarding payables processes.
• Monitored accounts payable activity to ensure compliance with company policies and procedures.
• Assisted in month-end closing process by preparing journal entries related to Accounts Payable transactions.
• Developed strong relationships with customers to ensure timely payment of outstanding balances.
• Reviewed customer accounts regularly to identify discrepancies in billing or payment history.
• Maintained accurate records of all transactions relating to accounts receivable and payable activities.
• Monitored cash flow position on a daily basis and provided timely updates to management.
• Reconciled bank statements on a regular basis.

Education

Master's degree, Insurance And Financial Risks Studies
  • at University Of The Punjab
  • July 2019
Bachelor's degree, Economics, Statistics, Computer
  • at University Of The Punjab
  • August 2013

Specialties & Skills

Claim Analysis
Insurance Claims
Reconciliation
Accounts Payable
Accounts Receivable
Microsoft Excel
CLOSING (SALES)
MFG/PRO (ERP)
PETTY CASH
COMMUNICATIONS
CUSTOMER SERVICE
LEDGERS (ACCOUNTING)
Microsoft Word

Languages

English
Expert
Urdu
Expert

Training and Certifications

Assessment of Fundamental Concepts (CA Module 1) (Certificate)
Date Attended:
January 2021

Hobbies

  • Internet surfing for better oppurtunities
  • Computer Gaming