Qasim Ali
Accountant
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Summary of Career
Experience as Sr. Account’s Officer
Madina Sugar Mills Ltd
02 December 2012
13 February 2016
• Prepare monthly Income Statement.
• Close the Trail balance at the end of month.
• Prepare reconciliation reports of all banks.
• Filling Income tax & sales tax withheld monthly statements.
• Check & post all types of Vouchers (cash & bank & JV)
• Prepare receivable and payables reports weekly basis.
• Communication with bank on daily basis for balance inquiry, banker cheque & PO.
• Prepare cheques for all payable parties.
• Monthly stocktaking at the end of month.
• Before payment of party reconcile ledger with vendor, contractor.
• Physically check Cash with cashier at the end of day.
• Check payroll sheets and final settlements.
• Coordinate the end of month closing process to ensure all corporate deadlines are met and information is presented in accordance with international accounting standards.
Experience as Cost Accountant
Sapphire
15 February 2022
09 August 2022
• Prepare job order costing against each dispatch/export.
• Detail analysis on factory overhead (fixed / variable)
• Preparing costing reports on monthly quarterly and annual basis
• Preparing ad-hoc reports reconciling costing data with financial results
• Advises and supervises accounting department in allocating profit and loss related postings to the correct cost centres.
• Variance analysis including capacity & efficiency variance
• Valuation of stock in hand (such as finished Goods, WIP)
• Wastage analysis of weaving, conversion, processing, cutting & made-ups Losses.
• Productivity & performance calculations including analysis on cost burden due to idle Labour time and overtime cost burdens with respect to production capacity.
• Provides ad-hoc information and support in any cost accounting related matters to management
• Monthly stock taking of finished & raw material goods start of month.
Experience as Assistant Manager Costing
Master Group of Industries
17 July 2017
26 January 2019
• Calculate per unit cost of finished goods & imported raw material.
• Details analysis BOM of products and discuss with production team & designer.
• Detail analysis of sale price and cost per units and highlight breakeven point.
• Monthly price variance analysis and take action for reduce cost of products.
• Detail analysis monthly expenses of such as Labor, FOH, admin & selling expenses.
• Monthly budget supervise of Local material of Items.
• Detail analysis of stock reports and highlight of short item of stock.
• Provides ad-hoc information and support in any cost accounting related matters to management
• Monthly supervision of stock taking such as raw material, WIP and finished goods.
Experience as Sr. Executive Accounts & Costing
DWP Group
07 October 2019
03 May 2022
• Calculate estimated & actual per unit cost of finished good.
• Calculate importation cost of raw material & assets.
• Check monthly local and imported budget raw material.
• Conduct quantity and price variance analysis of imported & local material.
• Detail analysis of BOM and discuss with R & D team.
• Calculate per unit Cost Impact of finished goods due to increased Prices.
• Check and balance ordering of imported & local material.
• Check comparative Statements of Suppliers.
• Check all types of Bills such as (Imports ,vendors ,transportations bills)
• Reconciliation of recovery with Bank statement on daily Basis and raised queries.
• Opening new Item Code in ERP and configure with BOM.
• Check & Post Daily Production entry cost centre wise in ERP
• Addition & Deletion of BOM in ERP.
• Monthly stock valuation of WIP (raw material & Semi finished goods)
• Monthly stock taking at the end of month.
• Development new reports in ERP with coordination of MIS team.
Matric 30 June 2004
Mathematics,Chemistry,Computer Sciences,PhysicsMatric 28 August 2006
Mathematics,Statistics,Computer ScienceBachelor 23 August 2008
Financial Accounting,Economics,Auditing,Cost Accounting and Business TaxationCMA