Senior Accountant
Dar International for Engineering Consultancy
Total years of experience :12 years, 3 Months
Managing Financial Systems of Portugal, UAE and Pakistan.
Engaging with stakeholders to finalise financial and accounting policies, standard operating procedures.
Financial and operational analysis including providing recommendations resulting in cost-savings, increase in revenue, profitability and positive return on investment.
Analysing and managing accounts receivables and accounts payables resulting in optimization of working capital management.
Ensuring compliance with tax law by reviewing VAT and sales tax returns and ensuring compliance with other regulations to mitigate the risk of non-compliance.
Communicating and collaborating with cross-functional teams to implement business process improvements and automation resulting in an increase in efficiency and effectiveness.
Ensuring accurate month-end financial closing.
Financial reporting including timely preparation of financial statements.
Ensuring precise payroll processing.
Conducted risk assessment and gap analysis of controls, documented risk responses and controls and maintained a robust risk register in accordance with the COSO Enterprise Risk Management Framework.
Designed and implemented improvements in processes and controls, leveraging analytical and problem-solving skills to optimize business & financial performance and mitigate risk.
Key role in developing standard operating procedures of the Company and shared service centre.
Conducted business process analysis of various business processes and functions as a functional implementer, providing recommendations to technical implementers for Oracle R12 EBS IT System Implementation Project.
Developed forecasts, budgets and projections, leveraging financial statement analysis and variance analysis to improve financial performance.
Prepared consolidated and separate financial statements in accordance with IFRSs for presentation to the Senior Management & Shareholders ensuring accuracy and compliance.
Efficiently addressed internal and external auditors’ queries in a timely manner.
Assisted Chief Financial Officer in preparing Board presentations, Agenda of Board meetings and issuance of Board meeting notices.
Managed finance by investing in mutual funds and term deposits which resulted in improved return on investment.
Liaised with insurance companies regarding insurance contracts, premiums, claims etc.
Liaised with the banks regarding bank guarantees, financing facilities, credit facilities, debt repayments, deposits and other financial matters.
Managing accounts receivables including credit risk management, follow-ups etc.
Submitted sales tax / income tax returns, claimed sales tax refunds and responded to queries and notices from tax authorities.
Major responsibilities and Functions:
• Scrutinized the system of internal controls through System Documentation in form of work flows for a more comprehensive audit with better recommendations in compliance with local laws and international accounting standards
• Assessed the risks of material misstatement, and designed and performed further audit procedures
• Conducted and reviewed all details of multiple assignments from planning to completion
• Supervised and trained junior auditors to perform audit procedures
courses: Certified Accounting Technician Association of Chartered Certified Accountants