Highlights:

Skills:

Senior Accountant 07/2008 - current
LEADING GROUP OF SAUDI ARABIA, Riyadh, Al Riyadh Saudi Arabia
Industry: Trading
Leading Group of Saudi Arabia
Responsibilities as a Senior Accountant:(with company visa) ? Responsible for maintain accounts of a company. ? Liaison with Debtors for account reconciliation. ? Budget Preparation & Presentation. ? Responsible for finalization of financial reports. ? Bank Reconciliation. ? Responsible for finalization of financial reports. ? Coordination with inter-Group organizations for reconciliation. ? Consolidation of out-reach regional Office and warehouse data. ? Maintain & monitor SITE wise account . ? Liaison with Banks & auditors. ? Costing of finished products. ? Comparison of budgets with actual receipts & expenditures. ? Monitoring of Stock report. ? Monitoring of stocks. ? Maintain record of fixed assets. ? Monitoring of Administration, Selling & Manufacturing Expenses.--
Chief Accountant 04/1998 - 07/2008
IHSAN GROUP OF INDUSTRIES, Lahore, Punjab Pakistan
Industry: Textile
Ihsan Group Consist Of four textile units in Karachi and Lahore,leading cotton based finished products textile industries of Pakistan & has recently won the Best Export Performance Trophy & gold medal in FPCCI.
Responsibilities as a Chief Accountant: ? Responsible for preparation & maintenance of Balance Sheet & Profit/Loss Accounts. ? Mobilization and Controlling Finance / Funds. ? Liaison with Agents regarding Sales & Purchase. ? Implementation of finance related systems i.e. Procurement, administration, taxation (Suppliers & employees), Payroll, Inventory, disbursements and HR. ? Assurance of Internal Control System and Risk Management. ? Responsible for finalization of financial reports. ? Dealing with Tax matters (Withholding Tax and Advance Tax of Suppliers & employees). ? Coordination with inter-organization departments regarding implementation of HR, Admin Information system. ? Consolidation of out-reach regional Office and Site data. ? Dealing with territory based forecasts and prepare consolidated rolling cash flows for the smooth running of projects. ? Capacity Building Training of Staff (Accounts). ? Verify Bank Reconciliation statement and liaison with Banks & auditors. ? Assurance and maintenance of reports & records for Internal, External Accounts and Tax Audit. ? Dealing with Specialized Accountancy/ matters i.e. Insurance, Lease. ? Costing of finished products & statement of changes in financial position for directors. ? Comparison of budgets with actual receipts & expenditures. ? Preparation of daily Bank Position.? ? Monitoring of Mill Activity Report. ? Arrangement & monitoring of stocks. ? Preparation ,submission & follow up of Creditors Report. ? Verification of creditors bills & all kind of payments. ? Analysis of monthly trial balance & financial statements. ? Supervision of inventory control. ? Maintain record of fixed assets. ? Monitoring of Administration ,Selling & Manufacturing Expenses.--
Senior Accountant 09/1995 - 03/1998
MAYFAIR SPINNING MILLS LTD, Lahore, Punjab Pakistan
Industry: Textile
Mayfair Group consist of two units related in field of Confectionery and Textile, Mayfair one of the major Textile spinning unit of Pakistan.
Responsibilities as a Senior Accountant: ? Responsible for preparation & maintenance of Balance sheet and profit/loss accounts. ? Mobilization and Controlling Finance / Funds. ? Dealing with Tax matters (Withholding Tax and Advance Tax of Suppliers & Employees). ? Verify Bank Reconciliation statement and liaison with Banks & auditors ? Supervision of payroll department. ? Filling of sales tax, Advance tax & Income Tax returns. ? Preparation of Analytical Cost Study, Statement of Changes in Financial Position & Specialized Management Internal Reporting. ? Preparation of Consolidated Rolling Cash flow of Site and HO Data. ? Comparison of budgets with actual receipts & expenditures. ? Preparation of daily Bank Position.? ? Maintain record of fixed assets. ? Monitoring of Administration ,Selling & Manufacturing Expenses. ? Assisted in preparation of documents for corporate affairs. ? Monitoring of Mill Activity Report.--
Accountant 09/1990 - 08/1195
GULISTAN GROUP OF COMPANIES, Lahore, Punjab Pakistan
Industry: Textile
Responsibilities as an Accountant of a textile unit
Responsibilities as an Accountant: ? Preparation of all kinds of payments in computerized enviroment. ? Preparation of all kinds vouchers relates to liabilities. ? Maintenance of Employees’ and Suppliers’ Ledger. ? Liaison with Banks. Inventory, purchasing and Receivable System. ? Calculation of EOBI and Social Security as per Labour Laws. ? Employees’ and Suppliers’ Income Tax matters as per Income Tax Ordinance 2001 and dealing with Final Settlement Allowance of retiring employees. (Gratuity, Provident Fund, Leave Pay etc.) ? Bank Reconciliation & H.O Reconciliation. ? Reconciliation with sister concern companies. ? Calculation of Lay-off and analyzing Cost Sheets. ? Assist Manager Finance in preparation of Quarterly and Annual Budget and calculation of variances. ??Assurance and maintenance of records for Internal, External and Tax Audit. ? Preperation of Local sales documents ,delivery orders and sales tax invoices. ??Arrangement & monitoring of stocks. ??Detail of Sales Tax returns. ??Preperation of monthly Payroll . ??Arrangement & monitoring of stocks. ??Preperation of annual leave encashments and working of full and final settlements. ??Monitoring of Mill administration staff from Head office.--

Punjab University 03/1989 - 04/1990
Lahore, Punjab, Pakistan
Degree: Bachelor's Degree
Major:Commerce
Bachelor of Commerce 1989 - 1990 University Of The Punjab .Pakistan

Shakil Ahmed Accountant