Nida Hayat

Experience

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  Karakoram Cooperative Bank Limited

  Jan 2014 - Sept 2016

  Management Accountant

  Having served as a Management Accountant, I played a vital role in supporting business strategies and decision-making, providing financial insights and analysis. I also provided consistent project cost control and resource allocation, preparing and analyzing budgets, forecasts, and financial statements. Additionally, I collaborated with various departments to monitor financial performance, identify trends, and provide actionable recommendations. I drove business growth and efficiency by developing financial models and supporting strategic planning and efforts. To excel in this role, I trimmed down the preparation time by 25% and improved forecast accuracy by streamlining the budgeting process. I also scaled down the operational expenses by 10% and boosted the organization’s profitability by identifying cost-saving measures. I lessened the analysis time by 30% through the implementation of automated reporting tools, enhancing the efficiency of the process. Moreover, I directed a small team of 25 employees in project accounting, reducing labor costs by 15% and establishing a strong team performance, consistently ranking in the top 5% of employees for 3 consecutive years, driving notable improvement in productivity and efficiency. I raised sales from m PKR 120 million to PKR 250 million, improving budget efficiency and driving substantial revenue growth Show less

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  Standardized Accounting Services International

  Apr 2016 - Nov 2021

  Senior Accountant

  In my capacity as the Senior Accountant at SASI, I was able to utilize cloud accounting software, including QuickBooks and Xero, alongside advanced tools to optimize financial operations. I also handled cloud-based accounting solutions, streamlining processes, improving data accessibility, and timely financial reporting. Additionally, I leveraged my software knowledge to perform in-depth financial analysis, budgeting, and forecasting, creating detailed models and reports. I established data accuracy and compliance through meticulous reconciliation and reporting, managing daily accounting tasks, including accounts payable and receivable, and overseeing revenue recognition to ensure timely reporting. While in my role, I successfully shortened monthly reporting time by 40% by utilizing tools including QuickBooks and Xero, resulting in faster financial insights. I improved financial accuracy by 25% through enhancing reconciliation processes, leading to more reliable financial data. Moreover, I transitioned to cloud-based computing, boosting the audit reconciliation process with advanced technology for better data management. I also decreased billing errors by 20% with automated QuickBooks processes and advanced techniques. Show less

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  Quality Inn & Suites Hotel

  Dec 2021 - Jan 2022

  Accounting Manager

  While I was the Accounting Manager at Quality Inn and Suits Hotel, I was able to oversee daily financial operations, driving efficiency and ensuring alignment with performance, quality, and service standards. I also assessed departmental needs and stayed updated on industry best practices while providing financial guidance to team members. Moreover, I was able to mentor and train staff, enhancing their professional development, accountability, and adherence to regulations. I Achieved optimal coverage during peak financial reporting periods through effective development and management of staff schedules. I identified areas for cost reduction and reviewed financial statements and profit reports to assess company efficiency and strengthened employee engagement and retention within the department, increasing team performance and job satisfaction. I improved the department’s productivity and profitability by selecting skilled professionals through strategic hiring recommendations. I supervised compliance and security protocols, protecting the organization’s financial assets and ensuring the safety of employees, clients, and company property. In my tenure, I was able to scale down the discrepancy rate by 20% by implementing a new monitoring system, leading to improved financial accuracy. I also minimized reconciliation time by 25% by streamlining the audit process, allowing the team to focus on strategic planning. Additionally, boosted staff productivity by 10% through new mentoring and training programs, significantly enhancing job satisfaction. Show less

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  Devon Bank

  Jan 2022 - Mar 2022

  Banker

  While working as a Banker during my internship, I managed to assist customers with service tasks daily, including handling inquiries, updating account information, and resolving complaints. I was able to minimize wait times by managing customer calls efficiently, ensuring high levels of customer satisfaction. Also, I consistently tracked interactions and maintained accurate records, utilizing the organization’s customer service software.

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  City Revenue/Managers

  Mar 2022 - now

  Accountant

  In my current role as an Accountant, my service enabled me to appropriate my skills and experiences to implement robust strategies that drive accounting operations and management. I guarantee a timely collection of revenues, overseeing the city’s centralized billing and accounting procedures. I also reconcile discrepancies, ensure all transactions comply with accounting regulations, and manage the accounts receivable process. Additionally, I maintain a high level of accuracy in financial communications, addressing and resolving customer billings and payment issues. I monitor customer accounts by identifying and resolving payment discrepancies while maintaining accurate financial records. Furthermore, I increase customer satisfaction and strengthen client relationships through effective account management and communication. I ensure the accuracy of financial records and reporting by conducting cash flow reconciliations at the beginning and end of each shift. Then, I facilitate accurate financial reporting, audits, and compliance with regulatory standards by maintaining organized financial records of all transactions and detailed consolidated financial statements. As a dedicated professional, I was able to reduce collection errors by 15%, streamlining the business process and improving the organization’s financial accuracy. I played a pivotal role in achieving a 95% customer satisfaction rate by resolving a complex billing dispute and implementing a new tracking system that cut financial report preparation time by 20%. Additionally, my commitment led to a 10% increase in collected revenues and zero discrepancies. Show less