Experience as Senior Accountant

• Employer

  Najafi Cosmetics Co LLC

• From

  09 March 2014

• To

  31 October 2019

• Detail

  1) Preparing and finalizing accounts on a monthly quarterly and annual basis in compliance with IAS and IFRS.
  2) Conducting quarterly and year-end stock take in all stores – as an internal check to avoid pilferage, and report discrepancies to manage director along with a store in charge comments, finally passing adjusting entries.
  3) Accelerating the month-end closing process to the tenth calendar day of every month. Provide timely and accurate financial reports on operating entities.
  4) Initiating an income and expense flux analysis for the first working day of the month that provides for early identification and correction of posting errors, Efforts contributing to accelerating the month-end close to the tenth calendar day of the month.
  5) Petty Cash – Authorizing expenses and approving the invoices to release cash from the cashier. At the end of the week reconcile physical cash with expense sheet and post expenses entries in the account book.
  6) Maintaining fixed assets register and passing adjusting entries.
  7) Budgeting – Preparation of Incremental budgeting on an annual basis along with decision making documents.
  8) Weekly and monthly preparation of bank reconciliation, Receivable/Payables other MIS reports.
  9) Prepared chart of account of the organization.
  10) Quarterly VAT returns filing and maintaining a record for a Tax audit.
  11) Receivables’ management – ensuring accurate deposit of sale in the bank and following up with any discrepancies along with credit card transaction monitoring and analysis.
  12) Payables’ & Receivables’ management – following up with new purchase orders payments due to suppliers.
  13) AR/AP Reconciliation reports preparation regularly to highlight discrepancies and follow up with solutions.
  14) Preparation of weekly bank reconciliation and updating bank payments and receipts status.
  15) Preparing salary sheet - deductions and benefits of employees and processing under Payroll (WPS).
  16) Inventory Management – Cost calculation and pricing of all new stock items purchased.
  17) Managing and updating stock/inventory status in the system – and attending to stock related issues in stores.
  18) Reviewed, posted transaction & ensured allocation to proper heads.
  19) Maintaining fixed assets register on a monthly basis and performing the adjusting entries in ledgers as per asset depreciation schedules.
  20) Controlling income, cash flow, and expenditures.
  21) Monitoring financial data of various divisions of the company which includes financial statements, accounts payables and receivables, Bank Reconciliation, monthly investment position, ledgers for adherence to Standard Operating Procedures.
  22) Accruals and prepayments management along with their reconciliation.
  

Experience as Internal Auditor

• Employer

  Gravity Engineers (PVT) LTD

• From

  02 September 2013

• To

  31 January 2014

• Detail

  1) Collating, checking, and analyzing spreadsheet data.
  2) Examining company accounts and financial control systems.
  3) Gauging levels of financial risk within organizations.
  4) Checking that financial reports and records are accurate and reliable.
  5) Identifying if and where processes are not working as they should and advising on changes to be made.
  6) Preparing reports, commentaries, and financial statements.
  7) Liaising with managerial staff and presenting findings and recommendations.
  8) Getting knowledge and Ensuring procedures, policies, legislation, and regulations are correctly followed and complied with relevant regulation.
  9) Reviewing the contractual document for the bid.
  10) Maintaining payroll sheet by calculating employee’s benefits.
  11) Review the petty cash transactions and posting entries into tally.