• Record & maintain daily routine sales & purchases transactions in recording system from voucher to books of accounts including journalizing in computerized environment.
• Supervision of all accounts related works.
• Coordination in preparation financial accounts.
• Follow-up CWIP work and coordinate with production division with regards of its status and its operation for capitalization or otherwise.
• Prepare depreciation schedule & maintain record of fixed assets.
• To check and verify petty cash and all related bills.
• Preparations of Payroll.
• Reconcile bank, prepare bank reconciliation statement & daily reporting to directors regarding bank position.
• To post, verify invoices & prepare/ aging for creditors & debtors.
• Prepare markup calculation & repayment schedules of loan for all concerned banks.
• Maintain record of LC and prepare/ follow-up of payment schedule according to truck receipt date.
• Monthly and surprisingly internal audit with accounts team held in different department such as warp, weft, greige and main store & all godowns.
• To Conduct the Physical Stock Count of Fixed Assets & Inventory on Quarterly Basis.
• Coordination in yearly EOBI & SESSI audit.
• Payments audit of Direct Material [Yarn], Sales Commission, Export charges in accordance with the company approved policies.
• Supervision the financial audit including supplier’s bills, bank reconciliation, payroll of the mill, sale tax returns & etc.
• Coordinated in internal audit hired by M/S AA Baig and implement as suggested given by them.
• Prepare Pro Costing lot wise costing from warp to finished goods for profit/ loss.
• Prepare lot wise achieved production report from yarn store to finished goods.
• Prepare various monthly variance analysis reports as per management requirements.
• Prepare analysis report of raw material ordered & consumed.