Basit Hussain Qadri, Accounts Executive

About

Highly motivated and results-oriented Accounts and Finance Professional with 3+ years of experience in Construction Industry. Proven ability to manage all aspects of the accounting cycle, from accounts payable and receivable to financial reporting and budgeting. Skilled in utilizing financial software, including [list relevant software], to streamline processes and improve accuracy. Excellent communication and interpersonal skills, with a strong ability to build relationships with stakeholders at all levels. Demonstrated track record of success in achieving financial goals and objectives.

Experience

Sherwani Builders and Developers (Pvt) Ltd

Jun 2023 – Present

Karachi

Accounts Executive

Recording Transaction and Monitoring: • Monitor all financial transactions, ensuring accuracy and adherence to accounting principles. • Record client installments and recoveries, preparing monthly closing reports of dues. • Record all expenses,ensuring accurate and timely categorization. • Prepare and verify journal entries related to client transactions and project expenses. • Maintain accurate and up-to-date client ledgers. Financial reporting and analysis: • Generating monthly, quarterly, and annual financial statements. • Reporting financial information to branch manager and head office. • Improved inventory accuracy and minimized stockouts. Reconciliation of Financial Records: Karachi, Pakistan. • Reconcile recovery and expenses ledgers to the treasury department's reports, identifying and resolving discrepancies. • Reconcile client ledgers with treasury statements, ensuring accurate balance across systems. Internal Compliance and Audit: • Thoroughly review and verify vouchers, general ledgers, and trial balances over three projects. • Review and check all documentation of filing, ensuring compliance with company policies and regulations. • Assist in internal audits, identifying and reporting control weaknesses and recommending improvements. Forecasting and Budgeting: • Assist in forecasting next monthly recovery based on historical data and trends. • Assist in making budgets of construction expenses for the next month, collaborating with project managers. • Analyze financial data to identify opportunities for cost savings and improve financial performance.

Varioline Services (Pvt) Ltd.

Feb 2022 – May 2023

Karachi

Accounts Officer

Maintaining accurate and timely financial records: • Processing daily financial transactions (A/P, A/R, payroll, etc.) . • Reconciling bank statements and other accounts. • Preparing and verifying journal entries. • Managing fixed assets and depreciation schedules. Financial reporting and analysis: • Generating monthly, quarterly, and annual financial statements. • Reporting financial information to branch manager and head office. • Improved inventory accuracy and minimized stockouts. Internal controls and compliance: • Ensuring compliance with accounting standards, regulations, and company policies. • Conducting periodic reconciliations. Other duties: • Managing petty cash and cash flow. Overseeing accounts payable and receivable functions. • Assisting with budgeting and forecasting activities

Baksh Industries Pvt Ltd.

Feb 2020 – Feb 2022

Karachi

Assistant Accountant

Transaction Processing: • Accurately record daily financial transactions in general ledger system. • Process accounts payable and receivable, including invoices, payments, and refunds. • Manage petty cash and reconcile cash advances. Financial Reporting and Analysis: • Assist with the preparation of monthly, quarterly, and annual financial statements. • Perform variance analysis and identify trends in financial data. • Prepare journal entries and reconciliations for various accounts. General Accounting Tasks: • Maintain accounts payable and receivable ledgers. • Reconcile bank statements and other financial accounts. • File and organize financial documents. • Assist with budgeting and forecasting activities. Other Duties: • Provide support to senior accountants with special projects. • Maintain a clean and organized work environment. • Adhere to company policies and procedures.

Education

Institute of Cost and Management Accountants of Pakistan

Feb 2023 – Jan 2024

Managerial Level, Management Accounting

University of Karachi

Feb 2018 – Nov 2022

Bachelor of Commerce, Finance

Basit Hussain Qadri

Accounts Executive

Skills

Languages