Financial Controller
Copper Chandni Company
Total des années d'expérience :16 years, 8 Mois
General Accounting
a) Accurate preparation of highlights of monthly income statement and analysis of variances between actual expenses and related budgets.
b) Timely preparation and submission of financial reports.
c) Reconciliation of general ledger with subsidiary records.
d) Analysis of balance sheet and profit and loss accounts required in the preparation of the year end audited financial statement
Accounts Payable
a) Proper set up of trade and non-trade liabilities & its appropriate account.
b) Up to date processing of suppliers invoices and preparation of covering accounts payable vouchers.
c) That all disbursements are supported with original documents and approved purchase orders and such purchases were properly acknowledged by authorized personnel.
Inventory control (Fixed asset and other regular inventory items)
a) Accurate determination of inventory levels and costs.
b) Proper maintenance of fixed assets records, assignment of fixed assets number and proper verification of each asset through physical count.
c) Accurate determination of gross profit per branch.
d) Proper maintenance of supplier and other assets, inventory records and proper verification of existing balances through actual and physical count.
Receivables
a) Prompt recording of customers transactions via POS.
b) Prompt recording of customer’s payment via ERP receipts.
c) Maintain accurate presentation of customers balances through aging of accounts receivable.
Bank Reconciliations.
a) Regular updates and reconciliation of bank balances against General ledger records.
b) Prompt preparation of journal vouchers affecting correction of general ledger balances and recording of bank debit/credit as a result of reconciliation made.
Cash Flows
a) Maintains integrity of funds, security and other valuable documents.
b) Verifies accuracy of bank statements and resolves problems.
c) Statement of cash flows are prepared monthly, on timely and accurate manner.
d) Maintain cash positions on daily basis and determining priority payments.
Cost Control
a) Plan, organise and direct all activities of the cost accounting team
b) Support the Cost Team in the development of a standard costing system
c) Develop and maintain standard costs
d) Perform monthly closing activities including preparation of the COGS statements along with supporting analysis
e) Strategic analysis of variances.
f) Analysis of fixed and variable overhead.
Credit and Collections
a) Up to date processing of payments to suppliers through preparation of covering check vouchers and checks.
b) Prompt follow up of receivables from customers are being made and that all collections are properly receipted.
Cash funds (petty cash, revolving funds etc.)
a) Impress system of petty cash is maintained and strictly implemented.
b) Ensure that all transactions from the funds are properly authorized and accounted for.
Payroll
a) Prepare Monthly payroll for direct hired employees and all manpower companies employees.
b) Ensure timely processing of all employees payroll.
d) Payment processing of payroll of all direct hired employees and their corresponding checks.
Banking relations
a) Maintain harmonious relationship with banks and other financial institutions
b) Attend to all bank correspondences in coordination and/or approval with/or finance manager.
VAT tax
a) VAT input and output preparation, completion, review and submission of VAT returns within the filing deadlines and in compliance with the local VAT laws and policies.
c) Ensure systems are up to date with VAT rate and changes in VAT regulations as appropriate.
d) Prepare VAT returns in accordance with statutory datelines.
e) Prepare Monthly exception reports to identify any unusual VAT transactions and errors.
f) Regular reconciliation of the VAT control accounts and records.
Administrative:
a) Provides for adequate staff training and development.
b) Ensures security and confidentiality of all books, records and files.
c) Assist in external financial audit.
Finance
a) To ensure that all payments to staff are according to the policy and approved by competent authority.
b) Prepare daily cash closing statement.
c) Responsible for scrutiny of all bills presented for payments.
d) Prepare all financial statements on monthly, quarterly and yearly basis.
e) Prepare all reports required by higher management in connection with finance for each month.
f) Prepare monthly cash request of regional office.
g) Manage financial control, prepare and analyze Monthly and yearly budgets and make recommendations to the finance manager on budget expenditures.
h) Prepare and process monthly payroll for all employees.
i) Proper maintenance of fixed assets records, assignment of fixed assets number and proper verification of each asset through physical count.
j) Maintain appropriate hard copy files of all current period documentation and archive previous period documentation.
k) Review accuracy of information required for all financial transactions on an ongoing basis.
l) Provide support to the Finance Manager & Accountants to ensure the timely and accurate completion of all finance and accounting tasks.
m) Prepare banking documentation for all transactions.
n) Assist in the internal and external audit.
o) Management of petty cash fund for regional offices.
p) Prepare all payments vouchers, journals and ledgers balances.
q) Prepare reconciliation of bank balances against general ledgers.
r) Handle staff loan and advances issued to employees.
s) Preparation and review of various tax returns required to be filed every month with Federal Board of Revenue (FBR).
Administration
a) Ensure that all the purchases of regional office are according to policy.
b) Prepare inventory purchase and issuing report on daily and monthly basis.
c) Prepare all the contracts and agreement including employee’s contracts.
d) Prepare monthly attendance record for all employees.
e) Manage all vehicles of regional office and prepare maintenance plan.
f) Make all travel arrangement to and from the regional office.
a) Supervision of receipt, payments and accruals.
b) Reconcile revenue books with the fee deposited on monthly basis.
c) Prepare bank reconciliation of all bank accounts.
d) Prepare fixed assets record and proper yearly verification of assets.
e) Prepare and updating the loan schedules and relocation of interest charges by bank.
f) Preparation of monthly and quarterly financial statements.
g) Maintain the relationship with the external organization such as bank.
h) Preparation of monthly Payroll ensuring remunerations as per contracts, deductions of loans, salary advances and misc. deductions.
i) Update loan sheet in monthly basis.
j) Handle petty cash and book all expenses.
