Afaq Ahmad Khan

Manager Accounts and Finance

Pharmacists United for Truth and Transparency • Tiempo completo

Oct 2025 - Present • 7 mos

• Managed daily accounting operations and monthly closings, including the preparation of Profit & Loss statements, Balance Sheets, and Cash Flow reports. • Handled end-to-end bookkeeping, ledger adjustments, and inter-company reconciliations to ensure all accounts remained accurate. • Processed monthly sales tax returns and managed income tax withholding for salaries, supplies, and services. • Calculated withholding tax for unregistered supplies and ensured all claims were properly filed in monthly tax returns. • Managed costing for imported products and local purchases, ensuring all duties and expenses were factored into the final product cost. • Running payroll operations, including accurate calculations for overtime and local tax compliance. • Facilitated import operations and maintained organized financial records for all foreign and local transactions. • Supervised and reviewed the work of junior staff to maintain high quality and consistency in all financial deliverables. • Collaborated with Procurement, Distribution, Raw material stores and production clarify accounting entries and meet strict reporting deadlines. • Approved Sale Orders at the 2nd level after balance clearance

AM Accounts Payable

Consulting • Tiempo completo

Jul 2023 - Oct 2025 • 2 yrs 3 mos

Managed daily accounting operations and monthly closings for a portfolio of international clients. • Handled end-to-end bookkeeping functions including Accounts Payable/Receivable, bank and credit card reconciliations, and general ledger maintenance. • Facilitated onboarding of new clients into QuickBooks Online, ensuring accurate chart of accounts setup, initial balances, and compliance with US accounting standards. • Prepared and finalized monthly and annual financial statements in line with IFRS, US GAAP, and client specific requirements. • Reviewed and analyzed financial reports to identify discrepancies, propose adjustments, and ensure compliance. • Built and automated Excel-based dashboards and templates (Power Query, Macros) for expense tracking, variance analysis, and budget monitoring. Processing and managing the invoice inputting and matching for over 100 vendors, employing the Three-Way Matching Process to guarantee accuracy and accountability. • Entering invoice details into the accounting system with precision, meticulously coding expenses to the appropriate general ledger accounts, especially for Non-stock Invoices. • Handling the processing of credit notes against corresponding debit notes, ensuring the accuracy of credit notes in alignment with raised debit notes. • Maintaining ongoing communication with Procurement and Warehouse teams to facilitate smooth invoice processing, credit note processing, and vendor payments. • Executing and managing all types of BACS Payment Runs, ensuring timely supplier payments by preparing BACS payment batches through the Payment Journal in ERP Navision Dynamics).

Senior Account Officer

Pharmacists United for Truth and Transparency • Tiempo completo

Nov 2021 - Jun 2023 • 1 yr 7 mos

• Worked on Salex Tax Annexure 'C' and filed the same. • Prepared Sales tax Chalan and paid the same. • Prepared Aging Reports/Summaries. Nov 2021 to July 2023 • Managed unknown amounts and communicated them to the concerned departments. • Prepared Acknowledgment Receipts for Cheque/Cash Collections. • Posted Bank Receipts in the system after fund clearance in the Bank Account and maintained physical records of these vouchers. • Posted Branch Receipts of Branch Collections daily and sent notifications to branches. • Prepared reconciliation of collection accounts on a weekly and monthly basis in ERP SAP B1. • Approved Sale Orders at the 2nd level after balance clearance. • Prepared Monthly Cash Flow Budget and updated it daily on Excel. • Assisted in resolving branch bank-related issues. • Maintained physical records of mess fund payments and receipts. Any other task assigned by management from time to time. \ • Such As, Prepare A/P Invoices (Item and Service) For Payment. • Prepare Journal Entries of Salaries and Posting in SAP.