o Assists in the development and implementation of goals, policies, priorities, and procedures relating to financial management, budget, accounting, and/or payroll.
o Supervises and participates in the preparation of various financial statements and reports.
o Directs the maintenance of general and subsidiary ledgers, accounts receivable, revenue distribution, depreciation, cost, property, and operating expenses, and insurance records.
o Prepares statements and reports of estimated future costs and revenues.
o Directs internal audits involving review of accounting and administrative controls.
o Establishes system controls for new financial systems and develops procedures to improve existing systems.
o Coordinates preparation of external audit materials and external financial reporting.
o Reviews financial statements with management personnel.
o Responsible for coordinating with Sr.Director F&A to match available funds with appropriate joint venture initiatives i.e., International Foundation For Science (IFS), Third World Academy of Sciences(TWAS), World Health Organization (WHO), Islamic Development Bank (IDB), Islamic Educational, Scientific and Cultural Organization (ISESCO),The Islamic World Academy of Sciences (IAS) & 13th Inter-Islamic Networks i.e., Inter - Islamic Network on Space technology(ISNET), Water Resources (INWRDAM), Oceanography (INOC), Tropical Medicine (INTROM),Information technology (INIT), Biosaline Agriculture (INBA), Virtual Universities (CINVU) Science and Technology Parks (INSTP), Nano-Technology (INN), Environment (INE), Veterinary Science Research (INVSR), Renewable Energy Sources (INRES), Genetic Engineering and Biotechnology (INOGEB)
o Strong exposure of conducting Audit (M/s A. F. Ferguson & Co, Chartered Accountants, a member firm of PricewaterhouseCoopers network) since last 18 years for COMSTECH & it\\\'s Donor Programme)
o Provide timely and accurate information to external and internal auditors as and when required
o Professional and technical knowledge by attending professional workshops in ICMAP; reviewing professional publications of IFRS; establishing personal networks; participating in FBR workshops
GENERAL LEDGER/FINANCIAL REPORTING/ACCOUNTING POLICIES & PROCEDURES
o Managing daily financial & Accounting activities, checking verifying the effect of transaction
o Established and maintains proper internal control, monitoring Cash Management & Banks
o Maintains & uphold the record of Insurance transactions - Policy formation / renewal / addition / rate negotiation
o Maintains & uphold the record of multi currency bank reconciliation - Daily fund management / utilization of funds / liaison with banks / analyzing banking facilities & monthly TDR rollover
o Finalization of year ended accounts & preparation of Trial Balances, Profit & Loss and Balance sheet
o Well versed and experienced in preparation of financial
o Prepare ad-hoc financial reports as and when required
o Maintain and update monthly reporting
o Responsible for coordinating with Senior. Director F&A to match available funds with appropriate International joint venture initiatives & Networks
FUNDS MANAGEMENT, DISBURSEMENT & BANK COORDIANTION

o Supervise preparation of cash flow forecast and cash position reports
o Manage and monitor banking relationship activities
o Verification and timely disbursement of funds to collaboration international organization’s per the approved budget for group entity ;
o Assist Sr.Director Finance in formulation and implementation of financial policies and of long term financial strategy in line with OIC policies
o Timely review of country office staff and program advances and take appropriate actions for advances pending and generation of monthly status report for the Sr.Director Finance and Advisor Projects
o Financial Assistants & Grants and allocate expense according to policies
o Financial Analysis to assist in Investment in Short and long term deposit’s
BUDGETING, PLANNING & CASH FORECASTING
o Prepare periodic budget variance reports
o Preparation annual work plan and budget for COMSTECH & Its program’s
o Operation budget and accounting reports to maintain expenditure controls.
o Consult with Sr.Director Finance & Accounts to ensure that budget adjustments are made in accordance with accounts & obtain approval in advance for revision of budgets.
FIXED ASSETS AND DEPRECATION’S
o Verifies assets and liabilities by comparing and analyzing items and collateral to documentation
o Preparation of various Fixed Assets Reports & access the condition of the assets and their location
PAYROLL, BUSINESS TAXATION & AUDIT
o Responsible for the preparation and processing of Payroll for over 100 employees,
o Liaising with banks, staff and management on payroll related queries & disbursement
o Understanding of business taxation laws including income tax ordinance 2001, sales tax act 1990
o Knowledge of e-registration ,e-filling & tax compliance
o Provide timely and accurate information to external and internal auditors as and when required
o Supports preparation of external audit & conducts daily reviews of backup documentation to ensure completeness, accuracy, and full compliance & Performs regular spot audits on project’s files

KEY RESULTS:
o Accounting software Selection and Implementation Standards Chart of Accounts with practical considerations of IFRS/IAS compliance
o Implementation of Financial policy and procedure & Ensuring compliance with the IFRS
o Ensuring compliance with the Local Financial Accounting Policies that are in line with locally applicable IFRS and local regulations / laws / statutes
o Expert in Preparation of year ended closing of Accounts & preparation of financial Statements
o Manage and update monthly reporting and Coordinate closely with the respective Finance personnel
o Review/ approve cash management, supervise bank reconciliation & bank position reports
o Preparation of financial reports / cash requests on periodic basis / per need and maintaining financial records
o Guide employees in their respective responsibilities towards the achievement of the function’s goals and objectives
o Manage Financials of COMSTECH & its programs/Joint ventures
o Responsible for project accounting and management and any other work assigned from time to time
o Prepare annual budget & periodic budget variance reports
o Business taxation and filling of montlhy and annual returns
o Strong exposure of conducting Audit (M/s A. F. Ferguson & Co, Chartered Accountants, a member firm of PricewaterhouseCoopers network) since last 12 years for COMSTECH & it\'s Donor Programme)
o Provide timely and accurate information to external and internal auditors as and when required
o Professional and technical knowledge by attending professional workshops in ICMAP; reviewing professional publications of IFRS; establishing personal networks; participating in FBR workshops
GENERAL LEDGER/FINANCIAL REPORTING/ACCOUNTING POLICIES & PROCEDURES
o Managing daily financial & Accounting activities, checking verifying the effect of transaction
o Established and maintains proper internal control, monitoring Cash Management & Banks

Key results:

Implementation Standards Chart of Accounts with practical considerations of IFRS
Prepare and maintain systems for prompt and accurate collection of financial and accounting information 
Overseeing all aspects of financial control in the organization.
Revamped G/L, financial systems, reports and schedules to improve forecast precision and standardize reporting procedures.
Manage daily accounting transactions, timely payments to vendors, checking posting of vouchers and complying the same with delegation chart.
Handling multi currency bank accounts & transaction along with Bank Reconciliation statement
Preparation of consolidated financial reports & closing of year ended final accounts
Communicate effectively with supervisors and co-workers

GENERAL LEDGER, FINANCIAL REPORTING & DISBURSEMENT

Reconcile general ledger accounts and revenue accounts.
Monthly expenditure reports & timely disbursement of funds, Month end & yearend closing of accounts
Consolidation, inter-company transactions and reconciliations including foreign currency accounting
Financial statement preparation, review and analysis.
Assist Chief Financial Officer in formulation and implementation of financial policies and of long term financial strategy in line policies
Arrange for equity and debt financing (Bills & Invoice discounting & Running finance )
Perform account reconciler responsibilities for all cash, bank and their respective clearing balance sheet accounts

o Preparation monthly accounts on an accrual basis (budget and prior year),P&L, balance sheets and other financial reports for the Director, as required
o Establish and maintain cash controls and reconcile bank statements
o Entering the business transaction properly in ERP Accounting system
o Process parties payments and uphold the record of Cash Flows
o Ensure all monies are correctly banked and posted onto the system
o Worked on Bank facilities/ packages mainly includes Running Finance, L/Cs, FAPC, Leasing, Salaried Accounts, Pledge in-Out, Bank Guarantees, FTT etc.
o Prepares the Letters of credit (L/C) application form provided by the bank
o Pro-forma invoice and purchase order, Submits the L/C application to bank with the supporting documents for review.
o Provides copy of the L/C telex text to the L/C beneficiary.
o Checks of the original documents received from the bank and suppliers-its legalization, B/L
o Prepares and submits insurance claim documents for compensation on the value of the damaged goods.
o Follows-up with the concerned parties the compensation being claimed.
o Provides Accounts Department daily with bank collection statement.
o Provides Accounts Dept. with original and copies of B/L, Invoice and BC (Bill Collection).
o Proper’s maintenance and systematic filing of letters of credit, shipping documents, bills (BC and LC) and insurance documents.
o Prepare books of Accounts & closing of monthly and annually accounts
o Prepare monthly financial statements and quarterly reports & record of A/R and A/P
o Disbursements of Salary, Overtime & Advances to employee’s & Prepare income tax returns and all other tax liability reports, as required