General Accountant
Tanzifco LLC
Total years of experience :9 years, 3 Months
I am leading and involved in overall accounting function of Oman Office and reporting to Chief accountant in HO based in Dubai. My Major responsibilities are;
Major Responsibilities:
•Accounts Receivables
•Verification of credit note before issuing prepared by junior accountant.
•Supervising the Invoicing process to client and making it sure that all invoices are timely submitted.
•Preparation of ageing report weekly receivable collection forecast and following up with operations and sales team for collection.
•Reconciliation of customer account.
•Treasury:
•Maintaining daily bank position and tracking PDCs
•Maintaining cash flow on monthly basis and coordinating with management in time.
•Timely processing of guarantees and invoice discounting applications with the bank.
•Ensuring timely correspondence and submission of documents for Banks.
•Performing bank reconciliation of weekly basis and reporting HO.
•To maintain petty cash float and make petty cash reimbursement summary for every replenishment.
•Verification of each and every petty cash bill and monitor the spending.
•Accounts Payables
•Process supplier payments after proper verification and reconciliation.
•Checking supplier contracts and verifying the amounts of supplier invoices with the contract prices.
•Prioritization of Supplier payment based on nature of payment.
•Payroll
•Performing monthly payroll reconciliation and verification.
•Submission of monthly pay sheet to head office with project allocation details of each labor.
•Ensure and verify that Employees settlement amount is correct and all his outstanding dues are cleared before releasing their passport.
•To ensure and verify Employees leave salary payments and checking the days eligible and days availed by them.
•Period end Reports & Schedules
•Performing month end, Quarter End and Yearly end closing and reporting to management the Profit & Loss for the period.
•Preparation of Quarterly VAT report and ensuring the timely return filing and pay payment of VAT liability to avoid any penalty.
•Preparation of Month end schedules, like prepayment schedules, Accruals, Depreciation, Gratuity schedules.
•Preparation of project wise costing report and the revenue generation on monthly basis and reporting to HO.
•Preparation of the forecasted cash flow and liaison with bank for bank facilities.
•Adhoc Reports (Receivables, Payables, Payroll, Project list, Transportation, Labor camps)
•Audit coordinator.
Working as audit
I was involved in evaluating and providing reasonable assurance that risk management and control systems are functioning as intended and will enable the organization’s objectives and goals to be met which includes;
Major Responsibilities:
•Identify risks and related internal controls, analyze and conclude on their efficiency and effectiveness and reported to Line Manager under section 404(A) of the SARBANESOXLEY ACT, 2002 (SOX).
•Performing pre and post audit of procurement and bills.
•Performed receivables audit and preparing age analysis for different customers.
•Performed payroll audit for all components.
As Assistant finance Analyst I was outsourced to British American Tobacco Pakistan in their finance department where
I was actively participating in operation finance of Leaf department and manufacturing finance, where I was involved
in month end and year end closings, Preparation of monthly Accounts and finalization of schedules and submission to
HO.
Following were the major duties I was performing at BAT:
Verify voucher of contingent fund, ensure all supporting documents and required approvals are obtained and
submitted to HO for reimbursement & passing journal entries in the SAP for approved CF vouchers.
Calculation of Tobacco CESS Tax and Federal excise duty on purchase and consumption. Moreover ensuring timely
payment of these taxes.
Payment of routine expenses vouchers after ensuring authenticity and proper approvals and journalizing in SAP.
Hygiene of accounts in SAP by following up with the SRM users for closing of open POs, GRIR clearance etc.
Discuss and understand the SRM user’s queries and resolve those with relevant BASS team.
Prepare variance analysis with Budgets, sharing variance analysis report with all stakeholders, answer queries,
review reasons of variances, supporting Leaf Leadership Team in timely resource allocation, sharing actual Vs plan
with all stakeholders.
Prepare lease commitment schedule, reviewing Lease agreements a, preparation of Advance rent statement.
I have worked as Management trainee, I was responsible for:
Following the guidelines and methodology given in the Internal Audit manual.
Working out on the resources necessary to perform the audit procedures.
Obtaining approval of the audit work plan from the Chief Internal Auditor.
Collecting and documenting sufficient factual and relevant information on all matters related to the audit objectives
and scope of work.
Follow up to ascertain that appropriate action is taken on the reported audit findings, and determine that corrective
action was taken or not.
Coordination with Chief Internal Auditor in accomplishment of tasks assigned by Audit Committee.
As an intern at the firm, I was performing following activities;
Part of audit team at different clients including PPAF, Islamic Relief, Telecom Foundation & LinkdotNet.
Performed audit procedures to verify the assertion of P&L account, balance sheet and notes to the accounts.
Attended various training courses conducted by PwC and ICAP (Prominently those relating to PwC audit
methodology, developments in the IFRSs Presentation Skill Training Course)