Manage and ensure that payment processing is within the credit period. Manage and ensure that all provisions, accruals and month end closing transaction are recorded on time.Further, ensure accurate deduction of income tax on payments and submitted to income tax department.Supervise and ensue proper recording of clearing agent, transporter and insurance companies’ bills and adjustment of advances given against import.Record depreciation and prepare fixed assets schedule on monthly basis. Including recording of depreciation and amortization. Further, ensure proper recording of all new items as per TR-6.Assist to seniors in monthly & yearly period end closing activities.
· Preparing Sales Tax Invoices & Sales reconciliation
· Verification & Maintaining Stocks, Store and Spares
· Bank reconciliation.
. Drafting & Finalization of final accounts
One of the reputable Audit firm, having presence in all major cities of Pakistan and diversified client including Manufacturing concerns, service providers, Government Organization and financial Institutes like banks.
Planning and training of team members to perform audit, stock count assignment and other related tasks.
Supervising the performance of team members during performance of audit procedures.
Identification of accounting areas where the client has a weak control and setting the extent subsequent audit
Procedure to obtain sufficient audit evidence.
Corresponding with the client’s representative and its management on audit matters.
Performance of financial analysis of audited financial statements and obtaining reason of such variances.
Reporting of audit working and points for partner’s attention to the audit manager.