Syed Muhammad Taha

In my role at my company, I have been entrusted with a diverse range of tasks spanning financial reporting, compliance, policy development, and analysis. Each responsibility plays a crucial role in ensuring the efficient operation and financial health of the organization. Here's a detailed description of the tasks I perform:

Preparation of Debtors & Creditors Outstanding List and Reporting to Management:

I am responsible for maintaining accurate records of the company's receivables and payables. This involves regularly updating and reconciling accounts to track outstanding payments owed to and by the company. I generate reports summarizing the debtors and creditors' status and provide insights to management, enabling them to make informed decisions regarding cash flow management and credit policies.

Funds & Liabilities Report:

I compile comprehensive reports detailing the company's financial position, including its assets, liabilities, and equity. By analyzing these reports, management gains valuable insights into the company's liquidity, leverage, and overall financial stability. This information is vital for strategic planning and assessing the company's ability to meet its financial obligations.

Bank Reconciliation Statements:

Ensuring the accuracy of bank transactions is essential for financial integrity. I reconcile the company's bank statements with its internal records to identify and rectify any discrepancies. This process helps prevent errors, fraud, and misstatements in financial reporting, providing assurance to stakeholders about the reliability of financial data.

Testing Compliance with Group Policies and Procedures:

I conduct regular audits and reviews to assess the company's adherence to established policies and procedures. This involves evaluating internal controls, identifying areas of non-compliance, and recommending corrective actions to mitigate risks and ensure regulatory compliance.

Drafting Policies and Procedures (SOPs):

I contribute to the development and documentation of standardized policies and procedures to guide employees in performing their duties effectively and in accordance with best practices. These SOPs help streamline operations, enhance accountability, and promote consistency across the organization.

Preparation of Compliance & Non-Compliance Reports:

I compile reports documenting the company's compliance status with various regulatory requirements, highlighting areas of non-compliance and recommending corrective measures. These reports serve as a tool for management to monitor and improve the company's adherence to legal and regulatory obligations.

Inventory Management:

Effective inventory management is critical to optimizing working capital and meeting customer demand. I oversee the procurement, storage, and tracking of inventory, ensuring adequate stock levels while minimizing holding costs and obsolescence risks.

Preparation of Monthly Collection Report:

I prepare monthly reports summarizing the company's collections from customers, analyzing trends, and identifying opportunities for improvement in accounts receivable management.

Financial Statement Analysis:

I conduct in-depth analysis of the company's financial statements, including income statements, balance sheets, and cash flow statements. This involves assessing financial performance, identifying key trends and variances, and providing insights to support strategic decision-making.

Fixed Assets Register Development:

I maintain a detailed register of the company's fixed assets, recording acquisitions, disposals, depreciation, and impairment. This register serves as a valuable asset management tool for tracking the company's investments and ensuring compliance with accounting standards.

Analysis and Verification of Expenditures:

I scrutinize the company's expenditures to ensure they are authorized, accurate, and properly recorded. This involves reviewing invoices, expense reports, and supporting documentation to verify the legitimacy of transactions and prevent fraud or misuse of funds.

Analysis of Resources Utilization and Effectiveness:

I analyze the company's utilization of resources, including labor, materials, and equipment, to identify inefficiencies and opportunities for optimization. By assessing resource allocation and utilization patterns, I help improve operational efficiency and cost-effectiveness.

In instant, my role encompasses a wide range of responsibilities aimed at maintaining financial integrity, ensuring compliance with regulations, optimizing operational efficiency, and providing valuable insights to support decision-making and strategic planning within the organization.