Experience

Indus Plus (Pvt) Limited.

• Pakistan
• Textile Manufacturing
• 1 - 100 Employee

• Assistant Manager

  • Feb 2020 - Present

  My responsibilities for whole company is to: Monthly closing of books of accounts, trial balance finalization and preparation of P&L of the company, present it to management and make sure deadlines have met. Preparation of monthly, half-yearly and yearly budget for all departments and follow-up the payments and receipts according to the budget. Preparation of Fund requirement sheet and disbursement of funds according to allocation. Analyzing variances along with and identifying reasons for deviation. Checking and posting of all vouchers prepared by accounts department including the cash vouchers, sales vouchers purchase vouchers and all GL vouchers. Daily checking and signing the cashier’s cash flow statement after verification. Preparation of monthly sales tax return and calculation of refunds of sales tax. Preparation of quarterly and half-yearly withholding tax statements in IRIS. Preparation as a liaison between branches of CPR of all withholding tax deducted (employees and suppliers) by company in FBR Portal and sharing it with suppliers as required. Prepare monthly and yearly stocks, AP to GL & AR to GL reconciliations. Managing & controlling daily operations relating to finance monitoring bank transactions to maintain AP & AR. Salaries preparation with the HR department and disbursement of salaries via bank or cash. Checking of over time, loans, advances, and all other deductions in the salary sheet. Approval of loans and advances according to the rules of the company. Prepare the receivable ageing report and presented to all departments for collection purposes Liaison with banks, insurance company, freight company and export department for timely clearance of our good from port for export and import purposes. Ensure Compliance of rules and regulation promulgated by authorities (SECP, FBR). Organize and coordinate the internal and external audits of the branches and act Show less



Servaid Pharmacy (Pvt) Ltd.

• Pakistan
• Retail
• 200 - 300 Employee

• Chief Accountant

  • Apr 2013 - Jun 2022

  My responsibilities for 44 branches (and growing) is to: - Monthly closing of books of accounts, trial balance finalization and preparation of P&L of branches and make sure deadlines have met - Overseeing all aspects of financial & accounting role, AR, AP, GL, Inventory, books of accounts, cash disbursements etc. - Balance the sub accounts by verifying, allocating and posting reconciling entries and make sure these accounts are within the budget constrain - Verify accruals, invoices and expenses claim and make sure they charged to the correct accounts, cost centers - Prepare monthly and yearly stocks, AP to GL & AR to GL reconciliations - Analyzing variances along with and identifying reasons for deviation - Managing & controlling daily operations relating to finance monitoring bank transactions to maintain AP & AR - Preparation of projected cash flow which determines the monthly inflow as per sales trend and outflow of the projected operational payments as per AP aging - Prepare daily sales and remittance report which would be presented to higher management - Monthly reconciliation and posting of credit sales / retail sales in receivable module (ERP) - and supervise the receipt application process - Prepare candela verses ERP Oracle reconciliation for accounts purposes on monthly and annual bases - Prepare the receivable ageing report and presented to all departments for collection purposes - Ensure Compliance of rules and regulation promulgated by authorities (SECP, FBR). - Organize and coordinate the internal and external audits of the branches and act as a liaison between branches - Conduct brainstorming with audit team to identify risk areas of the engagement, design audit objectives and establish audit program. - Assist with ad hoc reports and accounting projects as required by the manager Show less



Tesco

• United Kingdom
• Retail
• 700 & Above Employee

• Staff Accountant

  • Jul 2004 - Feb 2010

  • Analyzed monthly payable, audit invoices for accuracy, reconcile vendor statement and prepared ageing schedule monthly. • Tracked and reviewed gross and net sales including gross margins in producing forecasts and trend analysis on an ongoing basis. • Analyzed monthly payable, audit invoices for accuracy, reconciled vendor statement. • Prepared and file sales / income tax return, supervised payable and payrolls. • Liaison with public auditors in coordinating corporate audit including audit of sale tax. • Ensure maintenance of effective internal controls. • Record, classify, and summarize financial transactions. Show less



Kohinoor weaving mills Limited ( Dyeing Division)

• Accountant

  • Apr 2002 - Apr 2004

  • Preparation of stock statements, Monthly, semi annual and annual bases. • Posing of purchase invoices in oracle and fox pro. • Posting of all expense vouchers in financial packages.(Fox Pro, Oracle) • Preparation of Insurance detail and its renewal analysis and expense posting. • Liaison with insurance company officials in case of claims. • Preparation of withholding tax details and preparation of Quarterly and annual return. • Checking of monthly Salary and wages sheets from H R department making all necessary • Preparation of monthly projected cash flow statement. • Preparations for Annual Audit and preparation of purchase statement for audit. Show less