Experience as Accounts Officer

• Employer

  Gourmet Foods Lahore

• From

  03 January 2012

• To

  31 January 2015

• Detail

  Payments:
  
  ? Preparing invoices, journal vouchers, Bank and Cash payment vouchers, cheques, accrual entries, accounts reconciliations and other accounting documents.
  ? Contact with Suppliers and make payments to Suppliers
  ? Maintaining financial records in compliance with accepted policies and procedures.
  ? Prepare aging amounts reports monthly basis.
  
  Payroll:
  ? Assist in payroll accounting, transactions, reporting, stop payments and other operations.
  ? Review payroll reports and timesheets for correctness before payroll transactions
  
  Cash / Operating Budget:
  ? Preparation of monthly cash flow budget
  ? Preparing fund flow statement accordingly and comparison with actual cash flow
  
  Costing:
  
  ? Preparation of department wise daily cost sheets, identifying variations and reporting on critical variance analysis
  ? Checking the inventory ledgers on monthly basis, verifying the consumptions and physical inventory balances
  ? Reconciliations with financial data and assisting Management in customized reports and analysis
  
  Salas Tax (Filing Tax Returns / Tax Payment):
  Filing of monthly Sales tax return
  
  Preparation of Sales Tax return and refund working
  
  Coordination with internal Taxation department and furnishing of all the documents and records to FBR.
  
  

Experience as Assistant Accounts Manager

• Employer

• From

  02 February 2015

• To

  28 October 2019

• Detail

  General Ledger Management
  
  ? Successfully managed the GL (General Ledger) accounting, monthly and annual accounts closing for balance sheets, profit & loss and related reports for the review of the management.
  
  ? Managed payroll (WPS), voucher posting, reviewing accruals, inventory count and related workings. Facilitated biannual and annual audits (external) through advance preparation and planning.
  
  Receivables/ Payables
  
  ? Managed the accurate and timely processing of invoices by matching price and quantity on invoice with the approved purchase/sale orders.
  ? Established strong control over the aging of account receivables and successfully reduced credit days from 48 to 30 days by timely follow up with management and marketing staff
  ? Handled sensitive inquiries and resolve difficult situations relating to accounts payable and accounts receivable in term of ledger reconciliation and invoice related issues etc
  
  Banking Operations& Cash Flows
  ? Bank reconciliation statement.
  ? Managed cash flows and working capital requirements through close coordination with planning and marketing department for the operation cycle; Sales to Collections, Purchase to Payments and the arrangement of funds on specific dates (post dated cheques accordingly.
  
  VAT
  ? Knowledge of VAT Law, Registration & Filing VAT return to FBR
  
  Local Payments and Petty Cash
  
  Processing all petty cash disbursements and payment of local vendors Disbursement of staff claims (incentives, salaries and other claims)