Assistant Manager Accounts & Finance 14th March 2016 – Present
1. MEP Solutions (Pvt) Ltd – Izhar group.
2. Electrocraft Engineering – Izhar group.
Responsibilities
Financial Reporting and Analysis:
• Preparing and analyzing financial statements, including balance sheets, income statements, and
• cash flow statements.
• Conducting regular financial analysis, identify trends, and present findings to senior management.
• Developing and monitoring key financial performance indicators (KPIs) to track the organization\\\'s financial health.
• Preparing various financial reports, including management reports, variance analysis, ratio analysis
• Provide insights and recommendations based on financial analysis to support decision-making processes.
• Creates financial summaries, reports, analyses, cost-benefit assessments, and ad-hoc financial reports in accordance with Senior Management\\\'s specific needs and requests.
Compliance and Internal Controls:
• Ensuring compliance with accounting principles, regulations, and internal policies.
• Developing and maintaining effective internal control procedures to safeguard company assets.
• Coordinating audits, ensuring timely completion and resolution of findings.
• Ensuring the timely completion of monthly book closures, enabling the punctual delivery of monthly, quarterly, and annual financial statements in accordance with group financial policies and procedures, IFRS, and GAAP standards.
• Evaluates and enhances the Group\\\'s internal control framework, aligning it with best practices, which encompasses accounting policies, systems, and procedures. Offers recommendations for ongoing enhancements and improvements.
Non-Funded facilities and Financial Institutions
• Coordinating with financial institutions for complete management & arrangements of non-funded facilities.
• Overseeing all necessary coordination with internal & external stakeholders, Issuance, follow-ups, amendments, cancellation & keeping track record of facilities availed.
Financial Software:
• Utilizing 2 accounting software (Web based & Desktop based) to manage financial records, transactions, and reporting.
• Custodian of accounting & asset modules
• Ensuring the accuracy and integrity of financial data in the system.
• Providing guidance and support to the team in using financial software effectively.
• Actively participating in continuous improvement & implementation of web-based FIS
Salary Processing and Payroll:
• Managing salary processing and payroll activities, ensuring accurate and timely disbursement of salaries.
• Managing & overseeing the payroll issues along with internal % external stakeholders (HR, Banks, Employees)
Invoicing & Payments - Accounts Receivable & Payables:
• Overseeing the invoicing process, ensuring accurate and timely billing to clients or customers.
• Monitoring accounts receivable, follow up on overdue payments, and resolve any billing & payment discrepancies.
• supervising the payment process of vendors & creditors, evaluating ledgers providing monthly reports to management
• Reporting to management on reconciliation of projects\\\' payables, receivables & billing & taxes
Tax compliance
• Ensuring the compliance of basic Sales tax & Income tax laws to all transactions.
• Coordinating & facilitating the tax department for filing processes, including income tax returns and sales tax filings, Monthly & annually.
Team Management
• Managing team of account & finance officer, payables officer, trainee finance, intern, assistant & riders.
• Proficiently recruiting, leading, inspiring, mentoring, and fostering the growth of the team.
• Supervising and assessing individual performance, including setting and evaluating annual objectives.