- Quick Learner and team player.
- Play key roles in teams with a track record of success in streamlining enhancing organization's financial performance
- Always focus on deliverables, and believe on continues improvement and development of personnel and departmental performances.
- Have ample experience of working as well as implementing of renowned ERP Systems.
Seeking a challenging position with a reputable organization to apply my experience and skills in making tangible positive contributions to the overall financial performance of the organization.
International Textile limited is manufacturer and exporter of towels and garments
products having 03 manufacturing units in Korangi Karachi.
Current Job Responsibilities:
(*) Fully responsible for all Payable accounting and follow-ups for all 03 manufacturing units.
(*) Working as payment in Charge, supervising and verifying all GL entries of invoices.
(*) Ensure timely processing and payments to vendors/Contractors/Cash and petty cash.
(*) Dealing with vendors, Reconciliation of vendors ledgers, Raising Debit/Credit Notes with different department coordination. GRN/Invoices reconciliation-(For monthly input Sales Tax working etc).
(*) Working on Sales Tax and Withholding Tax.
(*) Accounting for B & C Grade sales and receivables.
(*) Assets accounting-Transfer of Assets after proper justification of CAPEX/OPEX. Assets tagging etc.
(*) Internal audit, verifying and managing cash/petty cash expenses of all 03 manufacturing units.
(*) Payroll preparation of contractors and employees of all 03 manufacturing units-Calculation and
deduction of advances, withholding tax, EOBI, leaves etc.
(*) Actively participated in preparation of annual Budgets. Analysis of actual and budgeted expenses.
(*) Developed and implemented various SOPÃ¢â‚¬â„¢s/KPIÃ¢â‚¬â„¢s.
(*) Customization of various reports on Dashboard, SAP/SAP FIORI.Ã‚Â
(*) Supervising and Verifying all GL entries which include daily recording of entries, monthly accruals/adjustments, Musharaka/Murabaha transitions, Sight/Usance Letter of Credit (LC) transactions, Export Transactions, Foreign Currency transactions and monthly period closing. (*) Preparation of Financial Statements (with good understanding of IAS/IFRS), Submission of monthly accounts for management review. (*) Managing, recording, payments and follow up of all import related functions and transactions with procurement department and bank. (*) Preparation of Daily Bank Position. Projected Cash Flow. Monitor cash inflows and outflows to meet current and future payments obligation. (*) Fully responsible for Receivable/Payables accounting and follow-ups. Working as payment in charge. Dealing with vendors/suppliers. Reconciliation of vendors/suppliers ledgers etc. (*) Payroll preparation-Calculation and deduction of withholding taxes, EOBI, leaves, advances etc). (*) Sales Tax (E-filing, Refund/Rebate), attend hearing at FBR. (*) Income tax- E-filing of monthly and Annual WHT return with the tax department. (*) Preparation of Budgets. Analysis of actual and budgeted expenses. (*) Dealing with Financial Institutions, Bank reconciliation etc. (*) Physical audit of inventories. (*) Raising Debit/Credit Notes to buyers and suppliers. (*) Submission (E-filing) of various forms to Securities & Exchange Commission of Pakistan (SECP). (*) Asset management. Maintaining Assets Register, Assets tagging. Also implementing in house software for Assets Management. (*) Liaison with external auditors for the statutory audit of the Company. (*) Liaison with Insurance companies for Assets/Staff Insurance and renewals. (*) Verification and disbursement of cash expenses to all field staff. (*) Internal audit and managing Petty Cash expenses of factory and Head Office (*) Managing Advance given against Purchase Order .
Look after all accounts and finance funcations.
(*) Supervising GL entries which include daily recording of entries, monthly accruals/adjustments, foreign currency transactions and monthly period closing. (*) Preparation and analysis of financial statements, submission of monthly accounts for management review. (*) Preparation of Budgets and Projected Cash Flow. Analysis of actual and budgeted expenses. (*) Monitor cash inflows and outflows to meet current and future payments obligation. (*) Supervise all Receivable/Payables accounting and follow-ups. (*) Dealing with Financial Institutions for loan (Term Finance Facility) and other banking tasks, Calculation of financial charges on loans, Bank reconciliation etc. (*) Payment/Payroll In charge. Calculation and Deduction of Withholding tax on payments made and on salaries. Transfer/Disbursement of salaries. (*) Sales Tax and Income tax. E-filing of monthly and Annual WHT return with the tax department. (*) Asset management. (*) Liaison with Insurance companies for Assets/Staff Insurance and renewals. (*) Liaison with external auditors for the statutory audit of the Company. (*) Internal audit of the expenses incurred (including petty cash expenses). (*) Submission of various reports/forms (Like Form-21, Form-29, FormA etc) to Securities & Exchange Commission of Pakistan (SECP). (*) Assist GM Finance in all Accounts/Finance related activities. (*) Also supervise various administrative functions.