• Preparation and review on Monthly approved rollover budget to check the financial performance.
• Supervise all regular accounting processes such as A/P, A/R and Journal Entries plus monthly closure accounts.
• Preparation of Monthly Financial Scorecard report for management which highlights all components e.g., Revenue, Expenses, Stock, Receivables, etc. which includes monthly reporting based upon key figures, comparison with budget
• Examining bank statements and reconciling them with general ledger entries.
• Cash flow management by strict monitoring.
• Ensure tax returns of Company are prepared and filed correctly on monthly basis.
• Cooperation with the external auditors.
• Reviewing the fixed assets register, recording all the movements and reporting depreciation figures.
• Preparation of quarterly profit - loss accounts and financial position for management.

• Preparation of annual audit plan for all sectors considering all elements of operations.
• Evaluate key risk areas to define audit scope, objectives, and audit approach, from planning to execution of audit engagements.
• Utilize Oracle V-5 software for various data analytics in planning the audit scope.
• Review and finalize audit work papers completed by audit officer. Ensured audit work papers complied with professional standards.
• Prepare audit reports for Management in line with audit plan.
• Audit of monthly demands of all departments of operations.
• Conduct quarterly audit of fees collection from students.
• Composition of SOP is of Audit team members.
• Monthly stock take audited report of General, pharmacy, Library & dental stores.
• All kind of civil audits.
• Audit of MIS before presentation to Chairman BOG.

Review of Company:

Hot star company (2013) is related to service and hospitality industry employing almost 200 employees with annual turnover 5 Million U$. It has owned franchise of 5 multinational restaurants in sultanate of Oman and introduces the Arabic and Lebanese traditional food in different premium style.

Role in the Company:
I Joined Hot star as Assistant Accountant and got promoted within 6 month s to Financial Analyst cum General Accountant.

Job Profile

• Ensure complete, accurate and timely review of all transactions.

• Working Capital Management within the tight payments schedules

• Composition of monthly bank reconciliations of 3 bank accounts of the company

• Dealing with all banking matters on daily and weekly basis to ensure the effectiveness of transactions.

• Construct budgets for all restaurants and feasibility reports for foreseeable future.

• Payable management under tight cash flows and liaison with creditors.

• Debtor recovery management on daily basis such as CCM collections and Cash collection from restaurants.

• Fixed asset management and Depreciation & posting as per IAS-16.

• Composition of various report to management on current financial situation, Profit and loss statements of all restaurants.

• Payroll management on bespoke software (ME PAYROLL) and processing of leave salaries of 200 employees on timely manners.

• Inventory management and reporting of variances in inventory of all stores and restaurant on monthly basis.

• Analyzing the financial performance of restaurants and adhoc reporting to the management.

• Liaison with internal auditor to ensure effective internal control in the company.

• Assistance to external auditor to get the interim audit report as well as annual audit of the company.

• Closing of Accounts by transaction s as per International standards.

I had completed my INTERNSHIP at K.B Enterprises, Faisalabad as an Asst. of GENERAL FINANCE MANAGER in all accounts and finance related matters like,

• Making vouchers (Journal, Payments and receipts) in Computerized and manual systems.
• Supervision of monthly payroll for employees.
• Transactions through banks, reconciliations and daily bank position.
• Auditing of vouchers with inward/outward gate records.
• Understanding of Accounts Receivables and Accounts Payables management system.
• Reconciliations with vendors.
• Construct working capital requirement sheet (working capital management)
• Assist in preparing Financial Sstatements . (According to IFRS)
• Understanding of stock management system.
• Assistance in Preparation of Project Feasibility Reports.

Designation: Accounts Clerk (Part Time)
Details of job description are as below.
• Maintain the records of Journal Entries in MS.Excel.
• Design effective internal control system for effectiveness of accounting records.
• Reconciliation of transactions through bank statement.
• Dealing and Accounts reconciliations with creditors and debtor.
• Look after of all basic accounting operations.
• Preparation of PLS Statement of factory on monthly contracts basis.
• Petty cash management.