SENIOR ACCOUNTANT
ZTCO GROUP OF COMPANIES
مجموع سنوات الخبرة :15 years, 1 أشهر
Currently I am working in accounts & Finance department of ZTCO Group of Companies Head office using Oracle JD Edwards 9.1 ERP system to control all the accounting and reporting matters of all companies in group. Main areas under my responsibilities are mentioned below.
Finalization of accounts and preparation of financial statements including statement of financial position, statement of comprehensive income, statement of cash flows, statement of changes in equity and consolidated financial statements in accordance with the requirements of International Financial Reporting Standards, Companies Ordinance and applicable laws.
Preparation and maintenance of books of accounts, general ledger and completed accounting requirements including debtors, creditors, payroll(WPS format), bank reconciliation, accounts reconciliations and balance sheet schedules.
.
Preparation of monthly management accounts for analyzing the P/L and financial position of the company, and format data for final reporting to directors and other relevant bodies in understandable and comparable format.
Ensuring correctness of financial recording by authentication of vouchers prior to posting in the software. For this purpose I verified and authenticated vouchers for posting.
Maintenance of payroll function including preparation of salary sheets, calculation of leave salary & post-employment benefits and transfer of salary through Wage Protection System.
Monitoring inventory controls and determining the quantity of stocks to be procured to ensure functioning of all work processes as well as to reduce the working capital investment blocked in inventories.
Ensuring that all payments are made to vendors within the stipulated time frame & managing accounts payable within the pre-set parameters and reconciliation with parties.
Supervising routine accounting functions including multi branch high volume transactions to finalization & Preparing ageing statements of debtors and creditors as well as periodical Cash Flow Statements,
Analyzing monthly department budgeting and accounting reports to maintain expenditure controls & consulting with managers to ensure that budget adjustments are made in accordance with program changes.
Remain engaged in development of ‘System of Internal Controls’ designed with an intention to mitigate all the business risks and to cater multifarious business requirements.
a) Review internal controls with the objective to determine major business risks and risk mitigates and adequacy and effectiveness of controls in place
b) Review and appraisal of adequacy, soundness and application of financial and operational controls (both existing and proposed).
c) Compliance with established policies and statutory requirements
d) Ensure that the assets of the organization are properly safeguarded and efficiently used towards the accomplishment of the objective of the organization.
Liaising with various external parties like bankers, insurance consultants, etc.
Reporting Line:
Reporting for both of CFO and company’s General Manager
Examination and analysis of the journal entries and ledgers, bank statements, inventories, expenditures and other accounting and financial records to ensure financial recording accuracy and compliance with local and international standards.
Financial statement preparation.
Preparation of management letter and inclusion of points which are necessary for the review the board of directors of clients.
Reviewing working papers to audit manager.
Preparing of companies accounts on different accounting software’s such as Peachtree, Tally, QuickBooks.
Carried out complete analysis of accounting and internal control systems of various clients and thereafter designed and successfully implemented a newly revamped system.
Engaged in statuary audit of Master Celeste (PVT) Ltd, Master Motorcycle (PVT) Ltd, Wire Manufacturing Ltd and in M.R Electric concerns (PVT) Ltd and Empire Textile (PVT) Ltd.
Accounting services including assistance to client in the preparation of financial statements.
Ensuring that customers received prompt, polite and efficient service.
I qualified Bsc(Hons) in Accounting July-2009, And I am ACCA Finalist, With these qualifications & wide experience I gained in UAE especially working on JD Edward Oracle 9.1 has equipped me with solid accounting applications and business understanding.