Muhammad Asif

MBA in Finance with 11 years of expertise in Accounts, Taxation, Planning & Organizing Finance, and problem Solving. Well versed in areas of developing Sales working, Bank Reconciliation, Stock Sheets Reconciliation, Stock sheet Preparation Sales Tax Return File, Import Shipment Costing, debtor & creditor's supplier payments, Making of Bills and aging summary on Monthly basis

Deputy Manager Accounts Receivable and Payables at Pak Denim Pvt (2021-01 – Present)

Handle accounts receivable and payable processes with focus on invoice generation, customer payment recording, reconciliation, and collection management

• Handle accounts receivable and payable processes
• Prepare and process invoices, bills, and payment entries
• Perform account and bank reconciliations
• Assist in payroll processing and related documentation
• Support revenue assurance and billing controls
• Coordinate with internal departments to resolve billing/payment discrepancies
• Maintain accurate financial records and reports
• Work on ERP and systems for data entry and reporting
• Generate and issue customer invoices accurately and on time
• Record and post customer payments (cash, cheque, bank transfer) in accounting system
• Reconcile accounts receivable ledger with general ledger
• Monitor customer accounts to ensure timely collections
• Follow up on overdue invoices via calls, emails, and formal reminders
• Prepare aging reports and highlight overdue balances to management
• Resolve billing discrepancies and customer payment issues
• Coordinate with sales and operations teams regarding credit limits and disputes
• Maintain accurate customer records and documentation
• Apply credit control policies and assess customer creditworthiness
• Process sales returns, credit notes, and adjustments
• Prepare monthly AR reports for management review
• Assist in month-end and year-end closing activities
• Support internal and external audits by providing required documentation

SR Finance Executive at TSL Pvt Ltd (2015-01 – 2020-12)

Post business transactions, process invoices, verify financial data for accounts payable records and provide clerical support for organizational obligations

• Post business transactions, process invoices, verify financial data for use in maintaining accounts payable records
• Provide other clerical support necessary to pay the obligations of the organization
• Maintain meticulous records of outstanding payables
• Ensure the accuracy of an organization's financial documents for payment, auditing and tax purposes
• Protect businesses against unintentional overpayment
• Practice effective monitoring to ensure payments are made to vendors in a timely manner
• Clarify any questionable invoice items, prices or receiving signatures
• Assemble and review invoices to be completed for payment
• Maintain copies of vouchers, invoices or correspondence necessary for files
• Type periodic reports and other records
• Obtain proper information and/or data regarding invoice payments
• Check vendor files for any previous payments and assign voucher numbers
• Prepare vouchers listing invoice number, date, vendor address, item description, amounts and coding per accounting policies and procedures
• Reconcile bank statements
• Input daily bookkeeping and record keeping
• Verify invoices against purchase orders and ensure goods or services were received before issuing payment to vendors
• Support month-end and year-end close process
• Develop and document business processes and accounting policies to maintain and strengthen internal controls
• Liaise with our Financial Manager and Accounting Manager to improve financial procedures
• Manage accounting tasks
• Advanced taxation working U/S 147 (u/s 148,149, 231a, 153)
• Manage and analyze budget and create financial forecasts
• Tax Income Tax Audit Files Preparation Sales Tax monthly return and Income Tax files Return u/s 165 Non-Salary, and 149 Salary to FBR Portal

MBA in Finance – Muhammad Ali Jinnah University (2012)

B.Com in Bachelor of Commerce – University of Karachi (2008)

I.COM in Intermediate of Commerce – Govt. Premier College Morning, Karachi Board (2006)

S.S.C in Secondary School Certificate – Premier Morning, Karachi Board (2004)