Experience

Jang Group of Companies

• Newspaper Publishing
• 700 & Above Employee

• Assistant Accountant

  • Sep 2016 - Present

  Jang Group Of Companies is a leading media group of Pakistan.My stay at Jang group of companies has polished my abilities and skills and provided me a chance to learn and work on Oracle Prod R-12. Responsibility Outline:  Preparation of annual financial statements i.e. Balance sheet, profit & loss accounts, cash flow statement, related reports for audit purpose and for the review of higher management  Coordinating in company final audit  Preparing end of the month closing for preparation of monthly financials  Review the profit & loss accounts for proper allocation and for month to month variations/analysis  Managing the Accounts Receivables and Payables of the company  Monitor customer account details for non-payments, delayed payments and review AR aging to ensure compliance  Preparing & Sending Monthly statements to customers and reviewing them for proper reconciliation.  Supervising the creation of customer invoices  Review all invoices for appropriate documentation and approval prior to payment  Pay vendors by monitoring discount opportunities; scheduling and preparing checks; resolving purchase order, contract, invoice, or payment discrepancies and documentation  Reconcile vendor ledgers and research and correct discrepancies  Preparation of monthly Bank Reconciliations and identifying the differences in accounting ledgers and the bank balances, and taking measures to reconcile differentiating transactions.  Preparation of MonthlyConsumption Report  Review of all the ledger accounts & ascertain that they are properly reconciled  Inter Unit Reconciliation  Review Accruals & Prepayments & Ascertain that they are properly accounted for  Preparation and processing monthly staff salary  Supervision of day to day transactions Show less



National Communication Services (SMC-PVT) Ltd

• Management Trainee

  • Sep 2015 - Aug 2016

  Assisting Seniors In  Maintaining proper accounting record to get accounts audited by external auditors.  Preparation of Fixed Assets schedule.  Preparation of Budgets for different TV Programs.  Posting vouchers for each financial transaction (cash payments & receipts, bank payments & receipts, expenses, provisions, liabilities & Capital) in company’s own Financial Accounting System (FAS).  Prepare Debtors/Creditors Reconciliations.  Dealing with Banks, Suppliers/Customers regarding accounts & credit matters.  Assisting External Auditors with year-end Financial Audit by provision of the required evidence, documents & records.  Maintaining payable/receivable/bank/cash/stock and all other ledgers.  Perform aging analysis of advances and Debtors/Creditors.  Managing petty cash and bank transactions.  Prepare Bank reconciliation statement on monthly basis and report to Head Office.  Supervising and monitoring monthly wastage, prepare waste reconciliation report and report to Head Office.  Conduct monthly physical stock take, prepare stock reconciliation report and report to Head Office.  Variance analysis and review of monthly expenses.  Processing payment to vendors, salary payments, EOBI & social security payments.  Record Maintenance of provident fund & employees’ life insurance policies.  Coordination with banks and life insurance representative and other financial institutions.  Processing Medical & Life insurance claims of employees.  Receiving, sorting, verifying, acknowledging and resolving employees’ medical expense claims submitted for reimbursement and received from panel hospitals.  Assisting in payroll processing operations.  Monitoring compliance of internal controls and standard operating procedures and report to managers.  Perform any other special ad hoc assignments as requested by management regarding Accounts and Finance from time to time. Show less