General Manager Accounts and Finance
United Fibers Private Limited
Total years of experience :11 years, 10 Months
Monitor the day-to-day financial operations within the company, such as payroll, invoicing, Payables, Receivables and other transactions.
• Collecting, interpreting and reviewing financial information
• Producing financial reports related to budgets, account payables, account receivables, expenses etc
• Reviewing, monitoring and managing budgets.
• Review financial data for accuracy, correctness and completeness.
• Analyze costs, pricing, variable contributions, project process results and the company’s actual performance compared to the business plans.
• Conduct reviews and evaluations for cost-reduction opportunities.
• Monthly preparation of company financial statements and commentaries.
• Liaise with auditors to ensure appropriate monitoring of company finances is maintained
• Understand and adhere to financial regulations and legislation.
• Establish and maintain financial policies and procedures for the company.
• Ensure compliance with accounting policies and regulatory requirements.
• Perform account reconciliation activities.
• Taxation.
I am responsible for planning, execution and finalization of the Internal and External Audit, Data Processing, Book Keeping, Budgeting and special assignments.
• Planning, execution and finalization of the internal and external audit;
• Data processing, book keeping, budgeting and special assignments;
• Cost audit;
• Internal controls;
• Identify common features across audits and organization-wide issues, proposing appropriate systems improvements;
• Offer functional training and advice to Internal Audit staff and mentors less-experienced and new team members;
1. Ongoing Product Costing, Product sale price & setting margins.
2. Prepares cost estimates of new or special products for establishing selling prices and production forecasts.
3. Maintains responsibility for routine compilation of parts manufacturing costs for payroll, inventory accountability.
4. Online Sales tracking system.
5. Adjusting inflation and updating product cost on monthly basis.
6. Cost tracking.
7. Verification of actual costs.
8. Forecasting of sales and cost.
9. Distributes costs between the various divisions of management and production.
10. In detail Variance Analysis of material, products and product mix.
11. Calculates burden rates and sets up expense budgets.
12. Monthly Audit.
13. Collating, preparing and interpreting management reports, accounts, commentaries and financial statements.
14. Controlling cash flow and expenditure.
15. Considering the relative costs and benefits of potential actions to choose the most appropriate one.
16. Maintaining inventory level and placing order.
17. Monthly stock take.
18. Preparing Financial Statements with Commentaries.
19. Management Reporting.
20. Timely order for imported material from Italy.
Inventory system:
1. Design and implementation of new inventory system at every outlet with the central server.
2. Web Based online access of central server.
3. Real time inventory purchase & issuance system.
4. Setting suitable inventory level for every ingredient.
5. Setting suitable normal loss for every ingredient.
6. Monthly physical and variance analysis.
7. Generating reports.
Responsibilities include planning, execution and finalization of the Internal and External Audit, Data Processing, Book Keeping, Budgeting and Financial Reporting. My responsibilities include:
1. Manage the preparation of the company’s budget(s)/project budget(s).
2. Collating, preparing and interpreting reports, accounts, commentaries and financial statements.
3. Controlling income, cash flow and expenditure.
4. Considering the relative costs and benefits of potential actions to choose the most appropriate one.
5. Establish procedures for custody and control of assets, records and loan collateral, in order to ensure safekeeping.
6. Evaluate financial reporting systems, accounting, collection procedures, and investment activities, and make recommendations for changes to procedures, operating systems, budgets, and other financial control functions.
7. Review collection reports to determine the status of collections and payments of the amounts of outstanding balances.
8. Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements and to provide sufficient warnings to the CEO or company Directors.
9. Maintain banking relationships.
10. Reconciliations of bank and accounts.
11. Daily budget tracking sheet.
12. Introduction to new systems in accounting procedures.
13. Keeping abreast of changes in financial regulations and legislation.
14. Use of project completion tools.
15. Collaboration and execution of external audit.
16. Day to day accounts.
17. Preparation of books of accounts of WFPL and project(s) using accounting software, incorporating following reports:
18. Chart of Accounts of WFPL and project(s)
19. Head-wise maintenance of detailed ledgers of the WFPL/project(s)
a. WFPL/Project(s) financial report
b. WFPL/Project(s) balance sheet
c. WFPL/Project(s) profit and loss statement
d. WFPL/Project(s) trial balance
20. Any other work which arises which is related to accounts.
21. Participating as an active staff member of WFPL and bringing all irregularities and issues to the knowledge of the relevant staff.
22. Take an active part in working with the office staff and making sure that your work and behavior add to the stability and success of the company.
I worked as trainee student with Nasir Javaid Maqsood Imran, Chartered Accountants, (a member firm of CPA Associates Internationals), since January, 2012. Being the Auditor, I was responsible for planning, execution and finalization of the Internal and External Audit, Data Processing, Book Keeping, Budgeting, Financial and Narrative Reporting and Consultancy Assignments.
I performed my duties at various positions from Junior to team lead. My attachment covers multifaceted concerns ranging from both the public and private sectors of various economies. Areas of my professional training encompass auditing including reporting, taxation, financial advisory and consultancy.
Cleared 15 Papers and still Continue