Management Reports & Analysis

Finalization of Financial Statements, Produces quarterly and annual financial statements and Cost Consumption
Comparison Sheet, Preparation of cash flow projections, comparison with actual cash flow and Analysis of
Financial reports, Preparation of budgets, allocate salesman wise targets and analyse variances if any
Monthly audit of receivables, inventory, purchases, discount allowed, major expenses & Cash book

General Accounting & Lead the Accounts Department

Oversees the daily accounting activities i.e. fixed asset activity, Accounts payable and
receivable transactions, debt activity, recording of revenue, expenses and cash etc
Setting up new Accounts in Chart of Account
Help the other personals in team to resolve accounting and financial matters
Supervises, directs, and reviews the work of the accounting staff
Dealing with company’s External Auditor regarding financial data

o Finalization of Financial Statements
o Preparation & Maintain Online Payroll of the Company and Financial Leasing of Assets
o Direct and maintenance general and subsidiary ledger, Accounts Receivable, Revenue distribution
o Work in close liaison with Company’s banks on continuous basis and handling of all banking matters
o Developed and maintained Accounting Policies and procedures related to A/C Receivable and Billing Section.
o Direct and participates in Cost analysis and Rate studies regarding Cargo & Equipment Sector
o Preparation of Bank Reconciliation Statement
o Supervise and Participates in the preparation of Various Reports

Management Reports & Analysis

Produces quarterly and annual financial statements and Cost Consumption Comparison Sheet
Preparation of cash flow projections, comparison with actual cash flow and Analysis of Financial reports
Preparation of budgets, allocate salesman wise targets and analyse variances if any
Monthly audit of receivables, inventory, purchases, discount allowed, major expenses & Cash book

General Accounting & Lead the Accounts Department

Oversees the daily accounting activities i.e. fixed asset activity, payroll, salesmen commission,
Accounts payable and receivable transactions, debt activity, recording of revenue, expenses and cash etc
Setting up new Accounts in Chart of Account
Help the other personals in team to resolve accounting and financial matters
Supervises, directs, and reviews the work of the accounting staff
Dealing with company’s External Auditor regarding financial data

Payable Accounting

Monitoring of Accounts Payables (Processing of Suppliers Bills & Payments)
Scrutinise payables and verify that services / material has been satisfactorily received and utilised.
Negotiations of payment terms with suppliers to optimize cash flow
Prioritize payments to suppliers in coordination with procurements

Receivables Accounting

Prepare sales budgets, allocate salesman wise targets and analyse negative variances if any.
Calculate Sales commission based on targets and achievements by salesmen and ensure timely payments.
Verify book and physical receivables figures and follow up with the sales team for receipt on due dates.
Conduct credit control analysis, formulate policies and take remedial measures to forestall bad debts and
delayed payments.

Taxation

e-Filing of Income Tax, W.H. Tax & Sales Tax statements on monthly & annual basis
Dealing with Tax authorities and other Governing bodies regarding financial & Audit matters

Internal Controls & Audit

Conducting internal audits, designing and implementi

o Verification of Accounting Records
o Preparation and Filling of Sales Tax and Other Returns
o Calculation of Sales Tax, FED & With Holding Tax
o Budgeting and Forecasting with periodical controls & Variance Analysis
o To provide the Ageing analysis in respect of debtors and creditors.
o Preparation of Monthly Management Accounts
o The review of the accounting system in respect of banks, sales and payment & inform to Mnagement regarding the financial performance and position of company