Accountant
Emirates Driving Institute
مجموع سنوات الخبرة :11 years, 8 أشهر
08 months of experience as a Accountant at
Emirates Driving Institute.
• Maintaining books of accounts Online ERP (Bookkeeping).
• Maintained integrity of general ledger, including the chart of accounts.
• Review company financial records, reports, and other information to check for accuracy and ensure details align with company goals and procedures.
• Preparing & record keeping of monthly Commissions of Sales Staff as per their contracts.
• Audited financial records from previous years and the current fiscal year in order to assess the company’s record-keeping techniques.
• Performs monthly reconciliation of credit card statement, bank accounts, including reconciliation of deposits with accounts receivable.
• Maintained A/C receivables and payables records with preparation of ageing analysis.
• Reconciliation of all ledger balance with the relevant parties with the periodic basis.
• Providing and interpreting information about trend analysis of international markets on cotton and yarn.
• Formulating strategic and long term and short spinning plan for our company.
• Developing financial management mechanism that minimize financial risk, review and evaluate cost reduction opportunities.
• Managing company’s financial accounting, monitoring and reporting system.
• Arranging new source of finance for company’s debt facilities.
• Managing budgets, researching and reporting on factors influencing business performance.
• Review, plan and forecast cash flow requirement in liaison with finance and planning departments to facilitate effective control on Cash Movements.
• Oversee & report daily cash and bank management activities.
• Negotiate, monitor and optimize foreign exchange rates for export & import payments settlements.
• Responsible for planning and executing financing arrangements for the company against Export Refinance Facility (Part-I & Part-II).
• Evaluate alternative resources for running finances and make recommendations in accordance with the internal commodity utilization guidelines.
• Negotiates contract, loan terms and service fees with lenders and other financial institutions
• Preparation of Form ‘EE-1 & ‘EF-1’ for the adjustment of ERF loans & roll over as per SBP Regulations.
• Evaluate, develop and implement cash management systems to optimize efficiencies
• Responsible for e-filling of monthly sales tax returns (FBR, SRB, PRA & KPRA) & income tax withholding statements in accordance with Statutory Compliance / Regulations.
• Ensure payment of tax liabilities (withholding taxes) within prescribed time under respective sales tax & income tax laws.
• Preparation of advance tax estimation to ascertain turnover tax liability.
• Responsible for claiming GST Refund from FBR through Sales Tax Refund Claim Process.
• Supervise payable activities including recording and posting, account reconciliation, ledger balancing while maintaining accurate and timely completion.
• Oversees monthly reconciliation of various receivable/payable accounts and directs team members regarding resolution of outstanding items.
• Resolve payment issues and respond grievances of vendors.
• Automating any manual accounting and financial reporting or practices with
• ERP Software
• Carrying out special assignments and prepare financial reports as and when required by the management to assist in decision making.
• Maintaining payable accounts by collecting vendor invoices and matching against PO/PR/DC and GRN and recording into purchase register & ERP system.
• Preparation of payment vouchers in accordance with credit terms after deduction of any applicable tax(es).
• Assist in e-filing of Monthly & Annual Tax Returns (Sales Tax & Withholding Tax) of Suppliers and Salaries under section 165 and 149. Assist management in filing Annual Income Tax Return by preparing supporting documents and necessary reconciliations.
• Responsible for maintaining and analyzing Export Sales Trends along with receivable management.
• Maintaining and monitoring the record of Fixed Assets with tagging.
• Routine based stocktaking and investigation in case of mismatched report. Liaison with tax consultants for recovery of tax refunds and submission of responses to different litigation.
Handle cash and ensure proper execution of daily cash payment and receipt
• Check, verify and manage bank deposits and bank payments.
• Responsible for preparation of monthly bank reconciliation statements. Responsible for maintaining and analyzing Export Sales Trends along with its receivable management.
• Preparation of staff payroll of the company.
• Scrutinizing and verifying expenses of sales staff as per company policies, entitlement limits and supporting documentation.
ACCA Advance Diploma In Accounting And Business, Accounting and Business/ Management (2020) ACCA Certified Accounting Technicians., Basic Accounting Principles (2017)
Masters in Business Administration (2009) Finance From Federal Urdu University of Arts, Science and Technology
Accounting and Finance From Federal Urdu University of Arts, Science and Technology
, Intermediate From Govt. College Gulshan-e-Iqbal, Karachi