Financial Accountant
Resume:
L A I Q S A A D
************@*****.*** +966-**-***-****
PROFESSIONAL EXPERIENCE
Senior Accountant Nov 2016 to till date
MEP Engineering & Contracting Co. Riyadh, Saudi Arabia, engaged in Electro-Mechanical Contracting. Responsible for:
Monitor and record financial transactions according to company policies and regulations.
Provide financial and accounting advice to GM.
Handle full spectrum of financial accounting role AR, AP, GL, forecasting, etc. Ensure defining and maintaining a complete, accurate, up to date customer & supplier’s records.
Responsibility of ensuring that Accounts Payable, Accounts Receivable and payroll functions are always covered and that the work performed is properly supervised. Request supplier & customer’s statements for reconciliations & to settle any discrepancies. Review monthly account reconciliations for banks, customers and suppliers.
Establish and maintain internal controls to ensure compliance with financial and human resources legislation, policies and procedures.
Preparation of reports & filing of returns for Department of Zakat & Income Tax like Zakat & withholding tax.
Responsible for handling of VAT issues, issuance of VAT invoices, record keeping & filing of VAT returns.
Preparation and monitoring of project cost analysis reports.
Update foreign supplier accounts and prepare bank letters for payments.
Handling all bank transactions including transfers, deposits, financing facilities/LC/LG etc.
Manage and coordinate human resources and administrative functions including personal administration and payroll. Ensure correct deductions, reimbursements for employees as required managing the payroll system in order to ensure all staff are paid on a timely and accurate basis.
Provide advice and assistance on human resource planning and management issues
Checking the monthly issuing & receiving of materials from warehouse & Reconciling Monthly Inventory report of warehouse.
Supervise the maintenance and upgrade of financial, payroll and human resources information systems.
Assisting the auditing activities by providing necessary information and preparing requested documentations. Follow up implementation of audit queries & monitoring corrective actions taken by departments
Establishing and maintaining cash controls.
Preparation of other reports as per Manager Request.
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From May 2008 to October 2016 under below mentioned capacity. Head of Accounting Department July 2014 till Oct 2016 Senior Accountant February 2011 till June 2014
Accountant May 2008 till January 2011
Responsible for:
Monitor and record financial transactions according to company policies and regulations.
Preparation of in house Financial Statements for managements review with the preparation of all schedules, and Perform month-end accounting activities such as reconciliations and journal entries.
Assist in budget preparation and expense management activities for assigned accounts.
Monitor and supports Zakat and Withholding tax issues.
Monitor expenditures, analyze revenues and determine budget variances and report the same to management.
Assisting the auditing activities by providing necessary information and preparing requested documentations. Follow up implementation of audit queries & monitoring corrective actions taken by departments
Responsible for day to day banking operations. Checking of monthly bank interest on project financing, handling suppliers letter of credit issues from LC opening till its negotiation.
Deal with the Insurance Companies for getting the necessary policies to secure Company’s interest related with Office and Projects.
Preparation of invoices according to the contracts.
Preparation and monitoring of project facility reports with cost analysis reports of projects.
Performed monthly account reconciliations and monitored general ledger transactions. Preparation of creditors & debtors reconciliations generates reports of balance purchase orders & budget reports for creditors payment.
Supervising the preparation of payroll and related matters. Coordination with administration department for the approval of employee entitlements like vacation pay, End of service benefits & tickets etc.
Development and validation of various accounting and operational reports with the assistance of software provider.
Supervising daily routine activities of accounts department, ensuring that the appropriate accounting control procedures are applied and resolves accounting discrepancies and irregularities.
Ensuring the compliance with company’s policies and procedures and communicating audit queries & recommendations for best practices.
Training and providing guidance to other Accountants when needed. I have experience of working on Tally ERP 9 and Oracle based Penygon ERP System. Accounts Receivable Officer 2005-2008
Tufail Chemical Industries Ltd. Karachi, Pakistan
Responsible for:
Responsible for maintaining company receivable accounts of the parent & associated company.
Handling of matters related to local letter of credits from LC opening, preparation of LC documents till negotiation.
Reporting to Marketing Director relating to receivable status of company
Co-ordination with Sales team for recovery from customers against credit limit assigned to customers.
Handling of sales tax issues.
Preparation of bank reconciliations.
Lead trainer and responsible for implementation of accounting software at Head Office.
Assisting Finance Manager in preparation of monthly & yearly financial accounts.
Assisting Director Marketing in formulating company’s marketing policies and designing product advertising campaign.
Accounts Officer 2002-2005
Siddique Sons Ltd. Karachi, Pakistan
Responsible for:
Preparation of monthly cost analysis of different cost centers.
Maintaining production related accounts of plant.
Handling of payroll & income tax issues of employees.
Handling of sales tax issues.
Preparation bank reconciliations.
Handling of matters related to Industrial Estate Authority, Land revenue department etc. EDUCATION
BACHELOR OF COMMERCE
(Advance Accounts, Business Law, Economics), May 2000 University of Karachi, Karachi Pakistan
PROFESSIONAL CERTIFICATION
CERTIFIED INTERNAL CONTROLS AUDITOR.
Member of “The Institute for Internal Controls” year 2013. Membership no. 13105473. PROFESSIONAL TRAINING
2 years professional training at M/s. Mushtaq & Company Chartered Accountants as Audit Trainee. Responsibility includes:
Conduct annual / internal audits of public / private limited companies and jobs in conjunction with yearly audits like year-end stock taking (Inventory count), cash count etc.
Apart from statutory audits I had performed assignments like special audits for sales tax & provident fund audits assigned to company by regulatory authorities including Securities and Exchange Commission of Pakistan, Federal Board of Revenue (Sales Tax Department) or Institute of Chartered Accountants of Pakistan.
PERSONAL INFORMATION
Birth Date : 14 May 1981
Gender : Male
Nationality : Pakistan
Passport No. : AK5493742
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