The Linen Company (Brand)
A newly established retail venture by Nishat group, deals in home textile and bedding. Currently having 10+ outlets in Pakistan seeking to Target foreign market through E-commerce.
- Monthly reporting of management accounts to CEO
- Heading overall accounts receivable and accounts payable function
- Applying lease accounting principle (IFRS 16) for rental properties
- Devising and implementing operational SOPs
- Highlighting improvements in retail system (Candela retail)

Home Textile Division:»Processing of Telegraphic Transfer payments.»Processing of export clearing payments.»Processing of forwarders/ocean freight payments.»Monthly booking of LC bank advice's.»Preparing stitching stock valuation.»Monthly finalization of sales of stitching unit

Spinning Division:»Preparing polyester procurement prepayments.»Preparing import clearing payments.»Reporting of stock valuation.»Monthly reporting of Profit and loss of a spinning plant to higher management.»Quarterly reporting of a division as per the requirements of IFRS 8(operating segment).»Monthly performing variance analysis of sales and stocks»Applying local receipts in AR module.»Highlighting system deficiencies

Corporate Division:»Preparing store vendor payments.»Preparing bank reconciliation statements.»Monthly allocation of loan/mark-up to profit centers.»Booking of gain/loss on forward close outs.»Managing the E-payment module.»AP to GL reconciliation on quarterly basis.»Quarterly/Half yearly publication of books as per requirements of SECP.