Accountant
A.J Textile Mills LTD
2022 - 2023
Peshawar- Pakistan
Efficient Financial Management and Record-Keeping:
Implemented a streamlined financial record-keeping system for mill expenses, ensuring accurate and timely postings. Achieved seamless reconciliation of petty and labor cash payments, enhancing financial transparency.
Enhanced Financial Control and Compliance:
Pioneered a rigorous verification process for supporting documents of expenses, significantly reducing discrepancies and ensuring compliance before fund disbursement to the mill.
Budget Adherence and Expense Optimization:
Implemented a comprehensive cross-verification mechanism, aligning actual expenses with budgeted amounts sent via TT. Achieved consistent adherence to budget guidelines and optimized expenses for maximum efficiency.
Strategic Financial Planning and Reporting:
Spearheaded monthly provisions, accruals, and adjustments of fixed expenses in SAP, contributing to accurate financial reporting and strategic decision-making.
Comprehensive Ledger Management:
Maintained meticulous ledgers for employees' advances, accruals, vendors, customers, cash, and bank transactions, ensuring a clear and organized financial trail.
Efficient Voucher Handling and Journal Posting:
Implemented a streamlined process for posting outgoing, incoming, and journal vouchers related to labor and petty cash. Ensured accurate and timely recording of transactions.
Optimized Banking Operations:
Conducted precise bank reconciliations, promptly identifying discrepancies and ensuring accurate financial representation. Streamlined banking operations for improved financial control.
Thorough Audit Preparedness and Compliance:
Conducted monthly mill visits in preparation for audits, ensuring seamless audit processes and compliance with industry standards and regulations.Efficient Financial Management and Record-Keeping: Implemented a streamlined financial record-keeping system for mill expenses, ensuring accurate and timely postings. Achieved seamless reconciliation of petty and labor cash payments, enhancing financial transparency. Enhanced Financial Control and Compliance: Pioneered a rigorous verification process for supporting documents of expenses, significantly reducing discrepancies and ensuring compliance before fund disbursement to the mill. Budget Adherence and Expense Optimization: Implemented a comprehensive cross-verification mechanism, aligning actual expenses with budgeted amounts sent via TT. Achieved consistent adherence to budget guidelines and optimized expenses for maximum efficiency. Strategic Financial Planning and Reporting: Spearheaded monthly provisions, accruals, and adjustments of fixed expenses in SAP, contributing to accurate financial reporting and strategic decision-making. Comprehensive Ledger Management: Maintained meticulous ledgers for employees' advances, accruals, vendors, customers, cash, and bank transactions, ensuring a clear and organized financial trail. Efficient Voucher Handling and Journal Posting: Implemented a streamlined process for posting outgoing, incoming, and journal vouchers related to labor and petty cash. Ensured accurate and timely recording of transactions. Optimized Banking Operations: Conducted precise bank reconciliations, promptly identifying discrepancies and ensuring accurate financial representation. Streamlined banking operations for improved financial control. Thorough Audit Preparedness and Compliance: Conducted monthly mill visits in preparation for audits, ensuring seamless audit processes and compliance with industry standards and regulations.
Skills: Accounting Standards · Data Entry · Account Management · Statutory Accounting Principles (SAP) · Spreadsheets · Payroll Administration · Ledger Management · Bookkeeping · Journal Entries (Accounting) · Accounting Software · Payroll Taxes · Finance · Tax Preparation · Payroll Processing · Accounts Payable (AP) · Accounts Receivable (AR) · Account Reconciliation · Bank Reconciliation · Budgeting · Internal AuditsSkills: Accounting Standards · Data Entry · Account Management · Statutory Accounting Principles (SAP) · Spreadsheets · Payroll Administration · Ledger Management · Bookkeeping · Journal Entries (Accounting) · Accounting Software · Payroll Taxes · Finance · Tax Preparation · Payroll Processing · Accounts Payable (AP) · Accounts Receivable (AR) · Account Reconciliation · Bank Reconciliation · Budgeting · Internal Audits
