Waqas Ahmed Farooqui
Accounts & Finance Professional
Karachi
Summary of Career
1. Working with manager to assist them to prepare budgets, final accounts & other reporting require by the management.
2. Prepare & analyzing asset, liability & capital account entries by compiling information.
3. Payment of invoices with their supporting documents.
4. Record invoices in ERP to ensure liability is booked & hit the payables ledger.
5. Preparation of payroll & disbursement of salaries through bank transfer.
6. Arrange Audit, meetings with consultants to ensure the competency of department.
7. Handling of petty cash & reimbursement of cash expenses.
8. Manage payment voucher, pettycash voucher files seperately.
9. Cheque management of prepared & process cheques
10. Provide letters to bank where necessary for cheque stop, Account opening & other necessary requirements.
Experience as Accounts Trainee
01 February 2016
30 July 2016
• To review PAYROLL sheet with deductions & overtime calculations.
• To review all vouchers of expenses & provide guidance.
• Maintain the record of all vehicle bills, which are maintained by Al-Abbas Sugar Mills.
Experience as Accountant
01 January 2014
31 December 2015
Records, updates, calculations, and account reconciliations
• Reviews budgets and prepares related budget documents.
• Maintains records and prepares reports and correspondence related to the work.
• Organize accounting data, interpret its significance, and prepare accurate financial reports.
Experience as Assistant Manager Finance
01 August 2016
31 March 2020
• Working with executives and business heads to prepare budgets and track profit / loss performance by business unit and on consolidated basis.
• Prepare asset, liability and capital account entries by compiling and analyzing account information.
• Payment of invoices and fees as required or otherwise instructed.
• Update Accounts payable and perform reconciliations.
• Recommend and maintain a system of policies and procedures that impose an adequate level of control over Finance Department activities.
• Forecasting cash payments and anticipating challenges arising from limited cash flow.
• Document financial transactions by entering & verifying account information in ERP.
• Summarize current financial status by collecting information; preparing balance sheet, profit and loss statement and other reports.
• Preparation of PAYROLL & disbursement of salaries.
• Arranging financial audits and reviews as required.
• Manage "PETTY CASH" & update the record according to their head of account.
Matric 31 July 2007
Matric in ScienceIntermediate 31 August 2009
Intermediate in CommerceBachelor 31 July 2015
Bachelor’s from Mohammad Ali Jinnah UniversityMaster 31 December 2019
MBA from Mohammad Ali Jinnah University