Senior Accountant
Arabian Europe General Trading
Total years of experience :13 years, 5 Months
• Prepares asset, liability, and capital account entries by compiling and analysing account information.
• Responsible for ensuring compliance of TAX data collection, review, consolidation, preparation and payment of monthly duty liability.
• Provide cover for the preparation, validation and submission of monthly and quarterly VAT returns.
• Documents financial transactions by entering account information.
• Recommends financial actions by analysing accounting options.
• Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports.
• Substantiates financial transactions by auditing documents.
• Maintains accounting controls by preparing and recommending policies and procedures.
• Guides accounting clerical staff by coordinating activities and answering questions.
• Reconciles financial discrepancies by collecting and analysing account information.
• Maintains financial security by following internal controls.
• Prepares payments by verifying documentation, and requesting disbursements.
• Answers accounting procedure questions by researching and interpreting accounting policy and regulations.
• Complies with federal, state, and local financial legal requirements by studying existing and new legislation, enforcing adherence to requirements, and advising management on needed actions.
• Prepares special financial reports by collecting, analysing, and summarizing account information and trends.
• Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies.
• Evaluate internal control process and whether company units are performing their planning accounting, Operational, custodial, and control activities in compliance with management instructions, policies.
• Planning and performing operational and financial audits.
• Identifying business process risks
• Developing testing methodologies to evaluate the adequacy of controls
• Documenting the results of the evaluations
• Developing recommendations and reports based on audits and presenting these ideas to senior management
• Planning and allocating resources and individuals in accordance with skills and schedules
• Warehouse Audit & Stock Verification
• Marginal Analysis and Pricing of Products
Plan, direct & coordinate an Audit team and finalize the assignment in time.
Experience in Statutory Audit of Banks, Private Limited Companies and Preparation of Audit Reports and Financial Statements.
Stock Audit
Experience in Income Tax and Sales Tax Audit of Companies, Proprietorship Firms and Partnership Firms.
Internal Audit of Companies along with verification of control of debtors and creditors.
Computerized and Manual Accounting
Preparation of detailed Budgets &Project Reports for Companies having a total project cost of more than 200 Lakhs Indian Rupees.
Training of Articled Assistants/ Junior Staff’s.
Preparation of Final Accounts (Trial Balance, Profit & Loss Account, Cash Flow statement and Balance Sheet)
Accountable for the
• Maintenance of cash and bank books
• Preparation of the age wise debtor statement and accounts receivable statement
• Cash flow & Fund flow statement
• Carrying out the reconciliation ofVendor ledger
• Petty cash books & foreign currency accounts
• Ensuring that the external audit requirements like cross checking of document which tally with schedules are met
• Acting as an integral part of the team to assist in preparation of annual schedule which involves financial& accounting activities
• Handling the preparation of Report against the external audit Report
• Monthly finance report
• Inventory Status report
• Fixed asset schedule on a monthly basis
• Payroll sheet including leave & final settlement for employees