Senior Accountant
Karji Perfumes LLC
مجموع سنوات الخبرة :11 years, 1 أشهر
Achievements:
• While working as Senior Accountant also acted as project manager for implementation of Microsoft Dynamics AX and successfully completed the project in given deadline.
• Played major role in setting up many areas of business including retail, supply chain and finance in Dynamics AX as a result having strong grip modules of supply chain within group of companies, retail module including prompt response to problem faced by retail store, creating chart of account, financial dimensions and giving opening balance for finance module.
• Successfully presented MIS Report for management using Advanced Excel, DAX, SQL and Power BI.
Responsibilities:
• Preparing Financial Statements and supporting schedules on month and year end basis along with Management Reports & Analysis while ensure financial statements adhere to accounting policies and good financial controls.
• Ensuring that the adequate accounting infrastructure is built by supervising, coaching and developing accounting staff for timely and accurate financials reports while leveraging internal controls.
• Ensuring Compliance with FTA regulation relating to VAT filing procedures.
• Responsible for accounting activities relating to revenue recognition as per IFRS 15, Accounting for Fixed Assets as per IAS 16, Accounting for Leases as per IFRS 16.
• Reconciliation of all bank accounts
• Ensuring timely recording of credit card settlement with proper recording of credit card charges and VAT relating to them.
• Ensuring timely payment relating to suppliers, rent, utilities and other standard payments as per credit terms
• Managing working capital and presenting report to management relating to creditors turnover period and stock report relating to fast moving and slow moving inventory by performing ABC Analysis with plan on how to clear them and ensure healthy liquidity position of the Company.
• Dealing with Queries of Auditors by giving satisfactory and timely response to their inquiries and coordinating with them in completing Audit assignments.
Achievement:
• Successfully presented MIS Reports relating to Accounts Receivable to Senior Management on timely basis which reflects accurate position of business in a understandable format that aids the decision making process, using Advanced Excel Dashboard, VBA and MS PowerPoint.
• With Strong Analytical Skills and Complex Excel techniques, extracting information as per requirement from large amount of Data and preforming different analysis like Trend, variance, Ratio and Growth Analysis on monthly and Yearly Basis.
• Successfully identified weakness in control system relating to Invoicing, Sales Tax, Collection and Credit Control and recommended changes to improve efficiency of system and performing follow ups to ensure the tasks are completed as per SOP.
Responsibilities:
• While meeting strict deadlines in a fast-paced environment, performing month end closing of AR Module on timely basis, taking care of exceptional items, posting necessary entries to GL Module, reconciling discrepancies between AR and GL Module of ERP Software Oracle.
• Verification and Review of New customer Opening forms and renewal of existing customer credit limits and days. Providing data for amendment in customer limit.
• Reconciliation with customer and balance confirmation with proper follow up with the sales team for any cheque dishonor and collection in lieu of that.
• Monthly Debtors ageing report Circulation with due comments and follow up for collection on weekly basis to reduce the Overdue amount
• Dealing with Queries of Internal Auditors (KPMG) and External Auditors (Ferguson) and giving satisfactory and timely response to their inquiries and providing support to them in completing Audit assignments.
Achievement:
• In a environment with strict deadlines, successfully completed assignments of book keeping to preparing Financial Statements of more than 75 United Kingdom based private limited companies and includes following industries
Construction
Real Estate
Electronics
Restaurants
Online advertising
Automotive
Computer
Department Stores
• Learned much famous software like QuickBooks, Sage line, Xero Online, TAS, CCH, SAP and worked with Famous Accountancy firm of UK like DLR Accountants, IPlan Accountants, PlanIT Accountants and Tax Assist Accountants.
Responsibilities:
• Analyzing data provided by client to prepare details of missing Information and requesting client to provide relevant document for completing assignment of Year End Financial Statements
• Verifying customer and supplier balances and rectifying discrepancies in accounts receivable and payable books.
• Verifying bank deposits and bank payments and reconciling with bank records and statements.
• Preparing Vat returns and reconciliation of discrepancies in Vat liability.
• Preparing financial statements and performing detailed Analytical review of financial information.
• Preparing management accounts and forecasts.
• Working on website of HMRC and Companies House for filing Value added tax and Corporation tax returns and Annual Accounts in IXBRL Format.
2008-2013: ACCA Affiliate
2006-2008: B.COM, I.C.T. College of Commerce.