Experienced Account Associate with a demonstrated history of working in the textiles industry. Proficient in ERP Oracle R12 (EBS) having comprehensive experience in Accounts Payable,Accounts Receivable,General Ledger and Inventory modules
The Linen Company (Brand)
A newly established retail venture by Nishat group, deals in home textile and bedding. Currently having 10+ outlets in Pakistan seeking to Target foreign market through E-commerce.
- Monthly reporting of management accounts to CEO
- Heading overall accounts receivable and accounts payable function
- Applying lease accounting principle (IFRS 16) for rental properties
- Devising and implementing operational SOPs
- Highlighting improvements in retail system (Candela retail)
Home Textile Division:Â»Processing of Telegraphic Transfer payments.Â»Processing of export clearing payments.Â»Processing of forwarders/ocean freight payments.Â»Monthly booking of LC bank advice's.Â»Preparing stitching stock valuation.Â»Monthly finalization of sales of stitching unit
Spinning Division:Â»Preparing polyester procurement prepayments.Â»Preparing import clearing payments.Â»Reporting of stock valuation.Â»Monthly reporting of Profit and loss of a spinning plant to higher management.Â»Quarterly reporting of a division as per the requirements of IFRS 8(operating segment).Â»Monthly performing variance analysis of sales and stocksÂ»Applying local receipts in AR module.Â»Highlighting system deficiencies
Corporate Division:Â»Preparing store vendor payments.Â»Preparing bank reconciliation statements.Â»Monthly allocation of loan/mark-up to profit centers.Â»Booking of gain/loss on forward close outs.Â»Managing the E-payment module.Â»AP to GL reconciliation on quarterly basis.Â»Quarterly/Half yearly publication of books as per requirements of SECP.