Accounts Management Professional with 12 + years of insight full experience.
· Monitor and analyze accounting data and produce financial reports or Statements.
v Prepare monthly Financial Statements for management.
v Audit of daily transactions of Accounts & Finance includes Purchase & Sale and Cash transactions.
v Reconciliation with banks and Creditors.
v Monthly review trial balance and ledgers and Audit of Sale, Purchase, Stocks and Cash.
v Prepare and Maintain monthly Finance Planning.
v Preparation of daily Bank Position after reconciliation with Bank Statements & renewal of all types of financing limits.
v Availing Finance from Bank for Raw Material purchase (Murabaha) and for to meet other financial requirements.
v Yarn Procurement Planning for the month and reconciled Outstanding Cushion of Finance Limit on daily Basis.
v Supervision of payments and proceed to internal audit department after checking for pre-audit.
v Independently dealing Export Forward Booking of the upcoming Export shipments and provide contract wise detail to Accounts upon realizations.
v Dealing with Banks for Import Limits and LC Opening and provide documents to banks for import.
v Preparation of annually Financial statements or reports including Income statements, balance sheet, statement of changes in equity, Fixed Asset Carrying Value & Depreciation Sales Reconciliation and Withholding Tax Detail etc of the company and actively coordinate with External Auditors during Annual Audit.
v Deeply involved and review all matters (In House and Outsource) related to Conversion in Weaving , Processing and Stitching including follow up of Receivables against In-house Conversion & Processing and Final review and verify payments against Out-Source Conversion of the Weaving, Processing and Stitching.
v Expertise of bank reconciliation and debtors & creditors accounts and also fulfilling bank’s requirements from time to time like monthly stock report, insurance premium payments etc.
v Submit monthly, Quarterly, Biannually and annually withholding tax statements as well as calculation of Income Tax of the company’s employees for deduction from salaries for HR and issue Salary slips upon request and Tax Deduction certificate for submission of their Annual Tax Returns.
v Review and supervise all accounting transactions and work ethics including cash payments & receipts, bank payments & receipts, purchase & sales transactions and various journal vouchers and their posting into accounting software.
v Expert in Payroll system includes daily attendance, daily wages & contracts, monthly Salary Sheets, Leave record of each employee, Gratuity Payment, Leave encashment and Full & Final Settlement of the employees.
v Dealing all types of Waste (Yarn, Fabric, BCP, Grey Rejection, CRT and Drums/Cans etc and Scrap including bids inviting, negotiation, and disposal.
v Monthly reconciliation of Sales Tax detail sent by Sales Tax department for ensuring recording of invoices in the respective ledgers and with return.
v Co-ordinate with Insurance Companies for all insurance matters including Plant & Machinery, Stocks, Cash in Hand and Cash in transit, Vehicles and Group Insurance and prepare working for Insurance claim.
v Calculation landed cost of the imported goods and check & proceed clearing bills of the agents for payment.
v Co-ordinate with consultant and Audit Firm for SECP documentation includes submission of Form A, Form 29, Form 28, Form 3, Form 7, Form 31 & 32 and Memorandum of Articles & Associations.
v Prepare of Renewal documents for credit lines for Banks.
v Any other task assigned by Chief Financial Officer or Director from time to time.
v Prepare production raw material performance measurement including yield and wastage of Spinning Unit.
v Month end stock counting of raw material (cotton), work in process, Finish Goods (Yarn) and General store.
v Bank reconciliation on daily basis and fulfill banks requirements from time to time like monthly stock report, insurance premium payments etc.
v Booking of Purchase & Sale on daily basis and prepare Sales tax invoices at the month end and prepare report of Input Sales Tax and Withholding Tax at the month end.
v Audit of Monthly Salary Sheets and Overtime, Leave record of each employee, Gratuity Payment, Leave encashment and Full & Final Settlement of the employees.
v Make Cheques and Posting of Bank Payments & Bank Receipts, Posting and Audit of Petty Cash.
v Reconciliation with Creditors before monthly payment.
v Co-ordinate with External Auditors and provide data for Annual Audit of Financial Statements during Audit.
v Final checking & Posting of GRN, Petty Cash & Bank Vouchers.
v Banks Reconciliation at the month end.
v Audit of monthly Salaries and make payment Cheques of Salaried Persons.
v Final Waste Rejection contracts and supervise sales transactions.
v Store Parties Payments & Reconciliation of Ledgers.
v Posting of Cotton Purchase and Yarn Sale and Payments.
v Highlighted various discrepancies of store/Purchase/HR/Godown and MIS regarding oracle and ERP customize system programming.
v Made Monthly Profit and Loss Accounts for management of Weaving, Processing and stitching units.
v Reconciliation with Parties (Creditors and Debtors).
v Final checking and make payments of processing and stitching Contractors.
v Checking and proceed of clearing bills and freight of the import clearing parties.
v Booking of accounting transactions of Conversion dispatches and Rejections.
v Check and ensure salary system of HR and Posting of monthly salaries and allocate Salaries of Service departments Company wise.
v Checking and posting of Store consumptions and allocate unit wise.
v Monthly Stock counting of General Store, Sub-Stores, W.I.P, Yarn, Grey, Fabric and Finished Goods etc.
v Co-ordinate with Software developer for necessary system amendments and new reports.