Waqas Ahmed
Accountant
Dubai
Summary of Career
1. Providing comprehensive financial and managerial accounting function covering all aspects of control for companies within the group including implementation of accounting systems, internal controls, MIS and financial reporting.
2. filling of Monthly Sales Tax Return (VAT) along with deposition of Sales Tax or Working of Refund for Sales tax refund purposes.
3. Audit of accounts, customer ledgers, Vendor Ledgers and Payroll of the Company to check Tax Entries in GL. QUICK BOOKS, PEACHTREE
4. Computerized Financial Accounting (Sale / Purchase / Inventory Integrated) in Peachtree Accounting Software and Quick Books.
5. Monthly and year-end reconciliation of AR, AP, OPEX, GL, Inventory
6. Monitoring purchase function, maintaining suppliers’ master data, reconciliations of suppliers' SOAs, verification of payments and follow up with corporate finance for the same.
7. Maintaining an orderly filing system, electronically as well as in hard copy to safeguard and for ready access
8. Preparing balance sheet, profit and loss statement, and other reports on monthly basis
9. Liaison with Banks in credit facilities and LC’s.
10. Preparation of Export Docs and subsequent submission to bank for negotiation.
Experience as Accountant
Basfa Textile Pvt Ltd
01 June 2008
30 April 2010
• Computerized Financial Accounting (Sale / Purchase / Inventory Integrated) in Peachtree Accounting Software and Quick Books.
• Preparation of accounts, vendor ledgers. Processed accounts payable, maintained up-to-date vendor statements to ensure timeliness and completeness, communicated with vendors to resolve questions and concerns on invoices, issued of checks to vendors, ran aging as required to identify current items due for payment.
• Responsible for bank transfers, daily cash reporting, and communications with bank’s Treasury Management department.
• Invoicing in Software QUICK BOOKS, PEACHTREE and its distribution to respective areas.
• Preparation of stock report of raw material and finished goods on monthly basis after taking consumption and sales reports.
Experience as manager Accounts
Basfa Textile Pvt Ltd
01 July 2013
31 August 2019
Providing comprehensive financial and managerial accounting function covering all aspects of control for companies within the group including implementation of accounting systems, internal controls, MIS and financial reporting.
I have a hands?on manager with analytical thinking and expertise in accounting systems development and implementation, implementation and deployment of internal controls, Financial Planning, Financial Management, Audit, and Assurance.
Head of accounts direct reporting to CFO, COO and CEO.
•Responsible for filling of Monthly Sales Tax Return (VAT) along with deposition of Sales Tax or Working of Refund for Sales tax refund purposes.
•Filling of Monthly Withholding statement under sec 165 & 149 of Income Tax Ordinance 2001.
•Preparation and working of replies of Notices received from FBR
•Audit of accounts, customer ledgers, Vendor Ledgers and Payroll of the Company to check Tax Entries in GL. QUICK BOOKS, PEACHTREE
•Monthly and year-end reconciliation of AR, AP, OPEX, GL, Inventory.
•Computerized Financial Accounting (Sale / Purchase / Inventory Integrated) in Peachtree Accounting Software and Quick Books.
•Monitoring purchase function, maintaining suppliers’ master data, reconciliations of suppliers' SOAs, verification of payments and follow up with corporate finance for the same.
•Preparation of Export Docs and subsequent submission to bank for negotiation.
•Have Complete knowledge of Import Docs for Clearance of goods from Port and liaison with Banks.
•Liaison with Banks in credit facilities and LC’s.
•Maintaining an orderly filing system, electronically as well as in hard copy to safeguard and for ready access.
•Preparing timely balance sheet, profit and loss statement, and other reports on monthly basis.
Matric 01 June 2004
In ScienceBachelor 01 June 2008
In Commerce SUBJECTSOther 01 September 2015
ICMAP INTER-FINALIST