I have worked as a Assistant Accountant in the Textile company in which I had learned a lot regarding payment management , manage to other tasks, reconciliations of different banks including running finance and so on. All these skills I had learnt with the help of my seniors. Since Aug-2021 I joined a new company as Accounts Executive which is dealing with Logistics and Freight. I was managing and arranging the International payments of our 5 branches all over the Pakistan and that was challenging but worked hard to manage the payments timely and till now I am lonely managing it with my seniors supports. I learned to manage funds, negotiate with treasury bank to purchase dollars for the overseas vendor payments and email correspondence with counter parties.I initiated to take a step with the help of my seniors to create payment request portal in the ERP Oracle on which required documents with proper payment request was initiated by operation team for the payment.
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Account ExecutiveMomentum Logistics Pvt Ltd Aug 2021 - Oct 2023Karāchi, Sindh, PakistanCheck and verify Vendor Invoices with agreed rates with Sales department Ensure Transaction Accuracy while parking invoice in the system.Payment plan of International and Local vendors Correspondence with Operation department for payment related queries and issues.Withholding tax while during local vendors paymentReconcile the account payable ledgersFunds Management PlanPrepare payments of Sea Import/Export and Air Import/Export. ( Five Branches )Bank reconciliations.FT & IBFT online transfer.
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Account AssistantNadeem Textile Mills Limited Jul 2019 - Jul 2021Karāchi, Sindh, PakistanCheck and verify Vendor Invoices using three way matching system i.e. match vendorinvoices, purchase order and goods received note.Ensure Transaction Accuracy while parking invoice in the system.Issuance of cheques as per agreed timelines & Payment plan of account payable.1 Correspondence with other departments for payment related queries and issues.Maintain sheet withholding tax, SRB and Sales tax on daily basis.Maintain aging report of Supplier partiesReconcile the account payable ledgersPrepare payments of custom duties of imported goods (Cotton).Preparing Data & updating records of Advance Tax.Preparing Cash Payment Proof Statements of Purchases.Bank reconciliations (Six Banks).Monthly visit of Mill for Stock audit.Coordinate with external auditors on half yearly and yearly audit.
Abid Hussain Education Details
Frequently Asked Questions about Abid Hussain
What is Abid Hussain's role at the current company?
Abid Hussain's current role is Accounts Executive ( Receivable and Payables) Specialist.
What schools did Abid Hussain attend?
Abid Hussain attended Iqra University (Official), Shah Abdul Latif University, Khairpur.
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Abid Hussain
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