Experience as Senior Accountant

• Employer

• From

  24 August 2019

• To

  04 December 2019

• Detail

  • Recording all financial transactions in Netscape Navigator (Oracle E - Business Suite)
  • Prepare minute sheets, contingent bill and CRV of expenses and approval from Manager
  • Prepare monthly revenue, expense and variance report, highlight and report any variances
  • Monthly Profit and loss statement including debtor, creditor movements and ageing report
  • Prepare details of GST, Income tax deducted from bills of suppliers for online payment to FBR
  • Correspondence with NLC SBUs for removal of any difference between Intercompany transactions
  • Preparing cash requisition statement for recoupment of petty cash expenses, monthly bank reconciliation, cash ledger register, debit and credit notes against transactions with other SBUs
  • Quarterly, Monthly and Annual closing of accounts and reporting to senior management
  • Resolve audit objections raised by internal auditors, liaison with them during execution of audit
  • Liaison with external auditors for provision of data, understanding entity its ops and audit working
  • Preparing Quarterly presentation of financial performance for CFO and Director General NLC
  • Ability to work independently without supervision and fulfill any requirements raised by FM

Experience as Senior Accountant

• Employer

• From

  20 January 2016

• To

  19 July 2019

• Detail

  Major responsibilities include:
  • Reporting all financial matters including reconciliations (Customer, Supplier, Cash, Bank, Inter-branch) to Finance Manager on fortnightly basis
  • Managing internal and external key stakeholders and identifying related party transactions and their disclosures
  • Maintaining Cash flows in order to meet IATA BSP as well as other significant payments. Customer/Vendors management and suggesting credit terms/policies to maintain efficient Working capital cycle
  • Supervising Fortnightly sales for all branches and ensure their completeness, accuracy and timely reporting
  • Managing Petty cash and day to day vouchers ( CPV, CR, BPV, BRV). Ensure cash imprest system is maintained and surplus cash is banked on timely basis.Review authorization and documentary evidence prior to any payment made
  • Handling invoices (tickets, hotels, visas and general), Credit Notes (Refund invoices), Debit Memos (Branch charges) for rendering services, supplier bills and handling Foreign Currency Transactions
  • Review month end adjusting entries salaries payable, prepaid rent, billing and settlement plain IATA (BSP) fortnightly payment. Ensuring the completeness and accuracy of branch charges. Preparing Staff salaries and sending HQ for approval
  • Financial (Ratio) Analysis on monthly basis. Highlighting discrepancies and justifying with appropriate reasons. Further suggesting appropriate policies and methods to improve financial performance and position
  • Preparing Profit and loss in accordance with International Accounting Standards and International Financial Reporting Standards and reporting to Finance department
  • Liaison with internal audit department and suggesting internal control recommendations and standard operating procedures as well as external auditors where necessary
  

Experience as Audit and Assurance Associate

• Employer

• From

  06 January 2014

• To

  15 January 2016

• Detail

  Major responsibilities include:
  • Identifying and Assess Risk of Material Misstatement through Understanding the Entity and its Environment by evaluating regulatory and industry laws, financial performance and entity business model and internal controls and management attitudes
  • Initial audit engagement over opening balances of Financial Statements by verifying that balances are transferred correctly and any restatement is reasoned. Review working papers of predecessor auditor and looked for any material matters and concern
  • Where client outsourced its function, obtained an understanding of service provided and evaluated its impact on controls to obtain sufficient appropriate audit evidence
  • Design and performing analytical procedures near the end of the audit to form an overall conclusion as to whether the financial statements are consistent with our understanding of the entity
  • External confirmations bank balances, property deeds, account receivables, investment held by third parties, account payable and inventory held by third parties
  • Assessing management going concern assumption and obtained sufficient appropriate audit evidence. Further evaluating and evidenced the cash flow assumptions in the context of going concern and obtained management written representation regarding the correctness of their assumptions
  • Verifying financial statements (Balance Sheet, Profit & Loss, Cash Flows and notes to ensure its compliance with IFRS and IAS
  • Reviewing of accounting for inventories, revenue recognition and measurement, accounting for property, plant & equipment, impairment, leases, employee benefits, current and deferred taxation, foreign currency translation, related party transactions, financial instruments, provisions, accruals and contingencies, bank transactions and bank reconciliations, cash flows
  
  Sectors:
  • Pharmaceutical
  • FMCG
  • Telecom
  • NPO