Area of Responsibilities: -
Finalization of Accounts, Corporate Matters, Budgeting, Taxation & Costing, Variance Analysis
Expertise:
Accounting · Financial Reporting/Management
and Taxation · Finalization of Accounts
Services · Filing of Income Tax and Sales Tax Return
· Filing of monthly and quarterly statements
· Handling of Tax Audit
· Risk Management
· Process Improvement
· Cost Curtailment/ Budgeting
· Procurement Transparency
· Internal Control System Design
· Assurance & · External Audit (ISA)
Compliance · IFRS Compliance
Services · Companies Act 2017
· Income Tax Ordinance 2001 Compliance
· Sales Tax Act 1990 Compliance
Reconciliations
Brief Job Description:-
¨ Finalization of Monthly Management and Projected Accounts
¨ Financial Reports (Quarterly & Annual)
¨ Finalization of Monthly comparative reports and analysis of profit & Loss with reasoning.
¨ Final Checking & authentication of Journal vouchers, Expense voucher, Bank Receipts, Purchase & Sales Vouchers and Bank Payments on daily basis.
¨ Preparation and e-filling of tax returns (U/S 149, U/S 165 & 114(1) & Sales Tax Return)
¨ Working & dealing with Tax Department on tax notices (U/S148, U/S159, U/S 161 & U/S177)
¨ SECP Matters (Form A, Form 29 & From 26)
¨ Dealing with EOBI, PESSI and Labour Dept.
¨ Supervision of Reconciliation of Banks & Inter Company Transactions
¨ Supervision of Payable & Receivable & Aging Analysis of Creditors & Debtors
¨ Supervision of Accruals, Prepayments and other adjusting entries. (Monthly, Quarterly & Annual)
¨ Conducting the Inventory Valuation
¨ Supervision of Deduction and deposit of withholding Tax and submission of monthly Tax Statements
¨ Interaction & Coordination with External Auditors and Chartered Accountant Firm.
¨ Supervision of Physical Stock Taking, Work in Process, Finished Goods & Stores at the month end & Preparation of Yield Reports
¨ Implementation & review of Bonus, Commission and Discount Policies.
¨ Management of Funds and Monitor Company’s liquidity reserves.
¨ Preparation and submission of different Management reports as required by Directors.
¨ Computation of per unit Raw Material cost for different products on routine basis.
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Audit of Financial Statements, Internal Control system and Complaince of Accounting & Reporting standards.