Finance officer
Impact care services Ltd UK
01 March 2019 —
30 June 2019
Finance officer, Impact Care Services Ltd UK- Islamabad
April 2019 – June 2019
Impact services Ltd UK is fastest growing bespoke Health Care recruitment organization. And it is one of the most leading health recruitment organization in the UK. Headed the finance department of Impact care services Pakistan Subsidiary, being responsible for Payroll, Bookkeeping, VAT filing and follow up with HMRC UK, Financial Accounting, Bank reconciliation, Internal controls effectiveness, Petty Cash , Sales, Receivables & Payables accounting and follow up with employees and clients for 4 health organizations at a time with collaboration of finance team.
Key Responsibilities:
• I was responsible for financial bookkeeping of organization and to supervise other staff members who assist with bookkeeping duties. Thoroughly reviewed financial statements of organization and its subsidiaries & correct any discrepancies in bookkeeping and performed bank reconciliations.
• Entered employee information & payroll data into the system, collect and verified time sheets.
• Calculated payables hours, commissions, bonus, taxes and deductions.
• Processed new employees, promotions and terminations and issued statements detailing earnings & deductions.
• Maintained, prepare and update periodic payroll reports and records.
• Maintains & updates VAT tax records of organizations & prepared tax accruals for company records and accounts.
• Prepared all tax compliance reports for organizations and its subsidiaries, calculate and file vat returns in HMRC portal.
• I was responsible to report on the company’s financial health and liquidity & Audit financial transactions and documents.
• Reinforced financial data confidentiality and conduct database backups when necessary & comply with financial regulations
• Processed accounting receivables and incoming payments in compliance with financial policies and procedures
• Performed day to day financial transactions, including verifying, classifying computing, posting and recording accounts receivables’ data.
• And reconciled the accounts receivable ledger to ensure that all payments are accounted for and properly posted.
• Verified discrepancies by and resolve clients’ billing issues & facilitate payment of invoices due by sending bill reminders and contacting clients.
• Generate financial statements and reports detailing accounts receivable and payables status.