Qaiser Ilyas
Accountant
Sharjah
Summary of Career
1. Accounts Payable & Receivables Management
2. Maintenance of books of accounts, General Ledger, Customer Accounts, Reconciliations, Inventory, Provisions and Accruals
3. Debt Collection & analysis of monthly aging and follow up for overdue balances
4. Monitor daily customer collections, allocate and reconcile accounts receivables
5. Monthly closing of books of accounts, inventory accounts and prepare MIS reports
6. Analyzing financial statements on a monthly basis and report on variances
7. Support budget and forecasting activities. Budget implementation function and variance analysis
8. Maintains accounting controls by preparing and recommending policies and procedures
9. Inventory Management in ERP JD Edwards
10. Preparation of Audit Schedules for internal and external Auditors
Experience as Accounts Officer
Monnoo Group of Industries
03 November 2008
31 December 2010
Monnoo Group is one of the leading textile manufacturer group of Pakistan.
Job Responsibilities were:
Handling all accounts payable procedures including journal vouchers.
Close the books of accounts monthly.
Daily Release & Pledge Of Yarn & Raw Material from Banks
Maintain Monthly Sales Tax Return & quarterly, Annually Advance tax Return
Finalization of letter of credit
Deals in all type of leases with banks
Liaison with banks and handling all banking matters
Preparation of daily financial position report &conveys to Director
Experience as Assistant Accountant
Sense Gourmet Food Company
05 March 2011
04 March 2012
Sense Gourmet is a subsidiary company of Foodco Holding, specializing in catering and international restaurant franchises.
Job Challenges were:
Prepares payments by verifying documentation, and requesting disbursements
Controlling Debtors/Creditors aging analysis and reporting to management.
Prepares asset, liability, and capital account entries by compiling and analyzing account information
Preparation of monthly bank reconciliations, cash position and cash flow statement.
Documents financial transactions by entering account information
Assist Chief Accountant in accounts finalization, monthly books closing procedures and preparing MIS reports.
Monitor month end reports, schedules, payments and receipts.
Preparation of quarterly, annually audit details and schedules.
Preparation and submission of ad-hoc reports as per Directors requirement.
Experience as Accountant
06 March 2012
26 February 2020
National Food Products Company (NFPC) is an FMCG / Beverage company, with its integrated business of manufacturing, selling and distributing dairy products, juices, drinking water, and plastic packing materials.NFPC currently holds the following companies/divisions: Milco, Lacnor, Gulf & safa, Oasis, MPC Plastic Factory and Arla.
During my tenure with NFPC I have worked in the areas of General Ledger, Accounts Receivable, Inventory Management, Financial Analysis,Budgeting & forecasting, Accounts Payable, Costing, monthly &year end closing.
My Job responsibilities includes:
Maintenance of books of accounts, General Ledger, Customer Accounts, Reconciliations, Inventory,Provisions and Accruals.
Ensures that the business transactions are recorded and reported with integrity.
Analyze financial information and summarize financial status.
Monthly closing of books of accounts and inventory accounts.
Analyzing financial statements on a monthly basis and report on variances.
Maintains accounting controls by preparing and recommending policies and procedures.
Review and support in implementing of new controls in ERP for accounts receivables.
Monitor daily customer collections, allocate and reconcile accounts receivables.
Analysis of monthly aging and follow-up for overdue balances.
Supervise the Daily Sales updating procedure in ERP.
Review new Credit applications with trade references and forward for approvals.
Blocking of customers in system not following the credit terms and sending them reminding letter.
Support budget and forecasting activities. Budget implementation function and variance analysis.
Preparation of Audit Schedules for internal and external Auditors.
Preparation of daily production reports.
Inventory management in Oracle JD Edwards.
Monthly product costing.
Preparation of error free financial reports as required by the higher management.
Other 31 December 2010
ACCA-UK (Part Qualified) Major-Financial Management, Financial ReportingBachelor 01 September 2008
Bachelor in Commerce(Hons) with CGPA of 3.53 out of 4.00 from Hailey College of Commerce, University of the Punjab. Specialized in Finance, Accounting, CommerceIntermediate 02 August 2004
Inter in Commerce with First Division from Lahore Board