Muhammad Ayaz

Monitored daily collections and ensured that all cash and checks were deposited to the bank without delay, in accordance with company policies and procedures.

Verification of vehicle sales documents, payments & to make sure to be in line with the monthly price guideline provided by the management.

Implementation and effective monitoring of operational, financials & Accounting and administrative CONTROLS to ensure overall efficiency of the business.

Monitoring of Trade Debtors Accounts for Vehicles Sales, Service & Parts on daily basis & to make sure that all the payments are recovered.

Verification & authorization of all payment vouchers.

Timely submission of Vehicles Sales, & after Sales Reports to the finance Manger on monthly basis.

Receivable & Trade Debtors ageing Reports & Vehicles Stock Ageing & Company Demoes Cars Reports.

All debtors and creditors accounts should be scrutinized and reconciled regularly (at least once in every quarter).

Monthly/Quarterly verification of physical Vehicles stock and as per books of accounts.

Maintenance of all the documents and vouchers. It should be serially numbered and filed properly.

Daily verification of Petty cash balance and cash control accounts.

Supervising the accurate completion of the day-to-day functions of the accounting department. Ensures complete, accurate, timely and consistent financial reporting. Ensures compliance with organizational and governmental policies and procedures.

Reviewing the Financial Statements including Pre-paid schedules and the required adjusting journal entries prepared by accounting staff for accuracy and completeness.

Monthly MIS Reporting to the higher management, like Flash reports (Balance Sheet, Income statement, Cash Flow, Ageing Stock & Receivables reports etc, KPI (Key Performance Indicators reports) & Actual Result reporting.

Assisting & providing the required information & reports to the External Auditors at the yearend.

Month end closing entries for accrued, Prepaid Rent, insurance, expenses etc.

Making of monthly Withholding Tax Computation, filling & submission to the Deloitte.

Handling various accounting functions which includes, processing payments, preparing general vouchers, maintaining accounting system, management reporting, and maintaining accounts.

Responsible for maintaining all company’s insurance accounts i-e adding/deletion etc for Medical/Property/Fire/Vehicles insurance.

Maintaining Assets Register detailed covering all aspects of purchase, valuation, audit and disposal.

Local Parts Purchase registering, verifying with the system & verifying Purchase awaiting invoices.

Checking & analyzing the job cards after being serviced in the workshop (Point of Sales).

Preparation of Monthly Banking Reconciliation & Inter Co Reconciliation of the Group Companies.

Coordinating the A/P and A/R to ensure all payments and billings are reviewed for authorization, accuracy and appropriateness prior to processing.