Waqar Abbas, Senior Accounts Executive

Waqar Abbas

Senior Accounts Executive

Pakistan Tobacco Company

Lieu
Émirats Arabes Unis - Dubaï
Éducation
Master, Finance
Expérience
31 years, 0 Mois

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Expériences professionnelles

Total des années d'expérience :31 years, 0 Mois

Senior Accounts Executive à Pakistan Tobacco Company
  • Pakistan - Islamabad
  • Je travaille ici depuis août 1999

British American Tobacco Company - (Pakistan) 10+ years experience in different Finance functions.
 Financial Accounting: Exposure to Statutory and internal Global Group reporting.
 Planning & Budgeting: Rich Experience in preparing, managing, reviewing and analyzing of budgets (RevEx/CapEx).
 Accounts Payable: Contributed in centralizing Accounts Payable from multiple locations to one and managed it single handedly during transition.
 Fixed Assets Management: Managed Fixed Assets Accounting & Reporting. Led and rolled out the Fixed Assets Management Tool “Fixed Assets Bar Coding Project”.
 Taxation: Supported Tax Department to manage tax liability of the company, ensured compliance of all local tax regulations.
 Manufacturing Cost: Implemented an interactive model for effective planning of variable and manufacturing cost.
 Systems: Proficient in Hyperion, SAP (hands on implementation experience of the financial module)

Accountant à Halliburton Worldwide Limited
  • Émirats Arabes Unis - Dubaï
  • Je travaille ici depuis juillet 2012

Responsible for various activities Transfer Pricing, VAT, Variance Analysis, Accounts Reconciliation and part of Statutory Reporting as well.

Key Achievements:
• Successfully consolidated the activities of Transfer Pricing of Continental Europe and centralized in Dubai office.
• Centralized VAT end to end process in Dubai office for Halliburton entities located in Italy, Germany, Holland, Cyprus and Switzerland.
• TMF Reporting for Holland, Romania and Serbia along with intrastate and intercompany reporting on monthly basis.
• Reconciliation for Balance Sheet Accounts on monthly basis.
• Handles Monthly Account Reconciliations and Financial Analyses of General Ledger Accounts of European, Fareast and African Countries.
• Handles month-end activities on United Kingdom, Romania, Cyprus, Malaysia, Brunei and Norway like amortization of prepaid accounts and monitors open item manage Balance Sheet Accounts.
• Monthly monitors movements of Prepayment Accounts of Romania, Cyprus, Malaysia, Brunei and Norway.
• Prepares various Bank Reconciliations on European, Fareast and African Countries Company Codes.
• Initiates Settlement of Inter-Company Receivables and Payables through the use of Global Accounting Tools - Inter-Company Settlement Tool (IST).
• Handles Banking activities (MT940) and cash application to ensure all customer receipts are appropriately allocated to the invoices raised.

Finance Assistant à Australian High Commission - Islamabad
  • Pakistan - Islamabad
  • juillet 1997 à juillet 1999

Worked with the Finance Department of DFAT (Department of Foreign Affairs & Trade) as Finance Assistant, reporting to Finance Manager & First Secretary of the High Commission. I am a recipiant of a award from the Government of Australia on best performance.

Responsibilities
 Processing payments in the SUN System (Computerised Accounting Package).
 Preparation of annual budgets and performance evaluation on periodic basis.
 Preparation of management as well as Statutory Reporting
 Prepared departmental budget (REVEX / CAPEX) to provide financial support to senior management for timely decision making..

Assistant Accountant à Bonds Travel Bureau
  • Pakistan - Islamabad
  • juillet 1994 à juin 1997

Worked with the Finance Department of Bonds Travel Bureau, Islamabad - Pakistan as Assistant Accountant, reporting to Accountant & Resident Manager. During my stay, I designed & developed an Accounting Software especially for Travel Agency.

Responsibilities
 Preparation of Sale Reports for Airlines.
 Maintaining Ledgers for Debtors / Creditors.
 Preparation & maintaining Airline’s Tickets Stock Level.
 Review and analyse budgets relating to Corporate Service Functions and monitoring of actual expenses against the budgets
 Assess the adequacy of existing controls, procedures and systems and suggest refinement with an objective to keep them simplified, efficient and cost effective.

Assistant Accountant à Pakistan International Airlines (PIA)
  • Pakistan - Islamabad
  • mai 1993 à juin 1994

Worked with the Finance Department of Pakistan International Airlines, Islamabad - Pakistan as Assistant Accountant, reported to Accounts Manager.

Responsibilities
 Processing of payments against Refund of Tickets and disbursements.
 Preparation & monitoring of actual expenses against budgets on monthly basis.
 Maintaining record of ticket stocks and checking of Travel Agents Sale Report.

Éducation

Master, Finance
  • à Bahria University
  • mars 2010

Specialties & Skills

Preparation
Annual Budgets
Manufacturing
Hyperion (HFM)