Job Description : Financial & Management Reporting with System development*Preparation of Financial Statements*Review & approve all payment & Receipt vouchers*Review bank reconciliations & cash positions*Responsible for ensuing timely Monthly, Quarterly, and Year-End close process and activities*Supervise and ensure month end entries have been incorporated against Closing Check List*Variance analysis against budget & last year*Coordinate with consultants to design & implement new system*Oversee construction project in accordance with BOQ & identify variances accordingly*Develop proper system to control construction project based on BOQ & actual recording of bill against individual line items of BOQ*Prepare & present various report for construction projects *Supervise subordinate staff in filing sales tax return & follow up for sales tax refund *Coordinate with Insurance companies related to Insurance of PPE & stock*Review landed cost sheet of imported items Prepare monthly performance reports (Current Vs. Budget & Last period)*Prepare management reports for cost of goods sold *Maintenance of Chart of account, creating and updating GL codes, Cost center and Profit centerIdentify wrong allocation of expenses & make corrections accordingly*MIS reporting

Job Description : Financial & Management Reporting with System developmentReview & approve all payment & Receipt vouchersReview & approve bank reconciliationsVerify Yarn GRNs & its related documents. Identify control weaknesses & implement effective controls Oversee construction project in accordance with BOQ & identify variances accordinglyDevelop proper system to control construction project based on BOQ & actual recording of bill against individual line items of BOQ. Prepare forecasted Financial statement as per requirementReview payback period of Caustic Recovery Plant on monthly basisReview expenses analysis of Effluent Treatment Plant (ETP) on monthly basisIdentify system weaknesses of daily CRU & ETP data & recommend effective controlsReview outsource processing documentation & evaluate outsource processing data with in-house average production dataReview overhead contract documentation, proper controls & integrated report for production & invoicesReview & approve adjusting entries of advancesReview different production processes, identify weaknesses & implement potential controlsVariance analysis (Actual vs last year)

General Ledger Accounting & MIS Reporting(working on SAP from 1st May, 2017)Responsible for ensuing timely Monthly, Quarterly, and Year-End close process and activitiesSupervise monthly closing activities and ensuring that all month end entries have been incorporated against Closing Check ListProvides reasoning and analysis to support Monthly Business Performance Evaluation and AnalysisMaintain reconciliation analysis of accruals and provisions, appropriate amortization of prepaymentsMaintenance of Chart of account, creating and updating GL codes, Cost center and Profit center as and when required Identify wrong allocation of expenses & correction made accordinglyMIS reportingReviewing F.G. Stock movement report on monthly basis.Performing NRV tests on inventories annuallyCalculation & recording of Royalty feePreparation of Monthly Profitability Report (Management Accounts) Coordinating with external auditors in half yearly reviews & annual audit.Assisting in finalization of financial statements.Additional Responsibility of Assets Accounting (AA Module)Creating new assets account in AA ModulePrepare details of assets acquired during the month through Project System (PS)Analyzing all costs pertain to the particular asset.Settlement of AUC to Fixed Assets Perform Depreciation Run on month endEnsure all depreciation expenses match with G.L. account balancesMake Disposal of Assets in AA Module & ensure the impact in G.L.Prepare Schedule of AUC/CWIP on monthly basisRun various Assets reports to ensure Cost, addition, disposals, depreciation, & their net impact in G.L.Prepare projected depreciation for next year (budget purpose)

Major ResponsibilitiesRecognition of accounts payable & preparation of payable vouchers.Preparation of payment vouchers as per due dates.Calculation of WH income & Sales tax at the time of paymentE-filing of withholding income tax of suppliersIdentifying system weaknesses & recommending potential controls.Cash management by reviewing future cash flows before major payments.Monthly closing of Accounts Payable Schedules of Advances to suppliers, Related parties, capital expenditures, provisions, etcReconciliation of sales tax withheld & sales tax on purchases.

Major ResponsibilitiesPerform Analytical Procedures for all heads of accountsPerform accounting cycle for all heads of accounts to ensure that they are being recorded & maintained as per standard practices.Pre-audit of bank payment vouchers & post audit of cash payment vouchers Fixed assets audit as per IAS –16 & company policy.Cost audit of monthly job order cost sheetsPayroll audit – Its calculations & compliance of relevant policies and practicesCash audit-Cash reconciliation with ledger balance and final reporting of findings.System audit of Target, Incentives and Overtime as per policy – To assess the effectiveness of controls and identification of potential risk.Identify the weaknesses of current production process (To identify control points and potential risk) Identify the weaknesses in the existing policies & practices.Accounts payable audit – verification of recognition criteria, their supporting documents & due dates. Supervise Assistant auditors.

Major Responsibilities on Audit Assignments:Assessed test of internal controls of sales.Performed substantive procedures and ensured compliance with various statutory disclosure requirements on following heads of financial statements:Long term loans, their current maturities and mark upLiabilities against assets subject to finance lease and current maturitySales and reconciliation of sales with Sales Tax Return ChallanFixed assets (verification of additions and disposals of fixed assets, calculation of depreciation and disclosure of fixed assets in the financial statements as per IAS-16)Debtors and creditors (verification of closing balances and their subsequent clearance)Advances, deposits and prepaymentsPurchases (local & import) & special focuses on accounts payableCost of goods sold & Inventory Supervised junior staffAssisted A.M. Audit in the preparation of financial statements