Chief Accountant
Al Ahli Hospital
Total years of experience :23 years, 4 Months
Al Ahli Hospital is Public Shareholding Company, listed in Qatar Stock Exchange, under Medicare Group, involved in providing health care services, is one of the biggest private hospitals in Doha Qatar.
Key Role, Duties and Responsibilities:
• Verified & Approved payments to vendors and non-vendors payment under SAP system.
• Prepare projected cash flow for 6 months on Monthly basis.
• Checked and verified the Quarterly & Yearly financial statements before publishing.
• Coordinated with Auditors for smooth conduct of Internal & External Annual Audit.
• Reviewed the monthly Business Activity Statements and reviewed all monthly balance sheet reconciliations.
• Checked and verified Monthly Bank Reconciliation Statement.
• Make sure the compliances of corporate governance code of conduct.
• Verify & Approve All JEs from Various sections under SAP system.
• Coordinated with Tax Auditor for return Income Tax return filing.
• Supervise and Monitors Accounts Payable & Accounts Receivable Section.
• Supervise and Monitors General Ledger & Treasury section.
• Advised to management on cost control & causes of losses if any.
• Checked Bank payment vouchers and oversea wire transfer.
• Improved existing processes and streamline workflows.
• Coordinated with banks for opening of new of LGs and LCs.
• Negotiated with banks for better and competitive commission/charges rates.
• Reviewed Agreement with Banks and for merchant and other services.
• Followed up for debts recovery from customers in very critical cases.
• Trained and guided new staff in learning accounting and system process.
• Replied Quires raised by External Auditor under Management Letter on yearly basis.
• Monitored & make sure the payment of Dividends to Shareholders.
• Coordinated with banks for renewal facilities and roll over of facilities.
• Checked and verified the Guarantee statement by bank.
• Followed up with Tax Department for Tax Card and NOC in certain cases.
• Checked and verified the intercompany transactions among group companies
• Checked and verified the provision for ECL.
• Checked and verified Trial Balance before submitting to Auditor for Audit.
• Deducted withholding of Tax in case applicable and paid online under Dhareeba Portal.
• File withholding Tax return with Ministry of revenue and finance Govt. of Qatar.
• Monitored SMS from bank for various transactions and highlight exceptional transaction.
• Monitored various transactions of Corporate credit card.
• Provided guidance to subordinates for complex transaction or Journal Entries.
• Conducted Audit for detection of fraud in exceptional cases.
• Monitored and Managed the currency rates offered by bank and accordingly payments.
• Negotiated and bargained with banks for better commission rates on Merchant services.
• Maintained good relation with bank RM and corresponded with him in certain urgent case like urgent wire transfer etc.
• Approved and verified the refund payments to guests through cards.
Petroleum Mechanical Trading Company is a Qatar Based WLL company with a broad portfolio of trading products in oil and Gas industry. (With various companies under Petromech Group.)
Key Role, Duties and Responsibilities:
• Prepared and submitted the groups monthly financial results, budget and quarterly rolling forecasts and complete the reporting requirements to the parent company.
• Performed detailed account analysis and corporate month-end processing and reporting.
• Maintained the general ledger, ensuring compliance with GAAP.
• Coordinated with Auditors for smooth conduct of Annual Audit.
• Reviewed the monthly Business Activity Statements and reviewed all monthly balance sheet reconciliations.
• Checked and verified cost sheet for new purchase orders for sales.
• Checked and verified Bank Reconciliation Statement.
• Audited and verified Journal Entries in Accounting System.
• Reported to management on cash flow and suggested for improvement.
• Prepared & checked reports as desired by Management like Sales Commission statement, consolidated financials, sources and application of funds etc.
• Reviewed and made decisions on credit limits of new and existing customers.
• Advised to management on cost control & causes of losses if any.
• Checked Bank payment vouchers and oversea wire transfer.
• Improved existing processes and streamline workflows.
• Coordinated with banks for timely delivery of LGs and LCs.
• Negotiated with banks for better and competitive commission/charges rates.
• Reviewed of Agreement with Banks and Contracts with JV/Sponsored companies.
• Followed up for debts recovery from customers in very critical cases.
• Trained and guided new staff in learning accounting and system process.
• Replied Quires raised by Managing Director in finance and accounts matter.
• Monitored the flow and limit of capital contribution in JV/Sponsored companies.
• Followed up for payment from JV/Sponsored companies.
• Coordinated with banks for renewal of yearly proposal for facilities.
• Checked and verified the Guarantee statement by bank and rectified errors if any.
• Maintained the record of Tax cards and renewed as per Qatar Govt. Tax Laws.
• Coordinated with PRO department for company closures of certain companies.
• Followed up with Tax Department for Tax Card and NOC in certain cases.
• Checked and verified payroll and make sure WPS is in place.
• Checked and verified the intercompany transactions among group companies
• Checked and verified the provision for Leave salary, Gratuity and leave ticket for each company.
• Checked and verified the provision of Bad and Doubtful debts in each company.
• Checked and verified Trial Balance before submitting to Auditor for Audit.
• Deducted withholding of Tax in case applicable and deposited in Bank within time limit.
• File withholding Tax return with Ministry of revenue and finance Govt. of Qatar.
• Monitored SMS from bank for various transactions and highlight exceptional transaction.
• Monitored various transactions of Corporate credit card.
• Provided guidance to subordinates for complex transaction or Journal Entries.
• Conducted Audit for detection of fraud in exceptional cases.
• Provided information to management for sales/purchase of foreign currencies.
• Negotiated and bargained with banks (dealing room/treasury) for better exchange rates for sale/purchase foreign currencies.
• Maintained good relation with bank RM and corresponded with him in certain urgent case like urgent issuance of a Tender Guarantee/LC etc. or any other documents.
• Took Regular backup of system data and its protection/safeguard.
• Worked as Trouble-shooter for tally ERP 9 accounting software.
• Prepared Government Grants Budget.
• Prepared receipt and Payment A/C for particular period.
• Prepared income and Expenditure A/C for Particular Period.
• Prepared dead stock register.
• Prepared Schedule of depreciation on various fixed assets.
• Checked and verified petty cash and cash book entries with vouchers and receipts.
• Prepare salary bill of staff junior college teaching staff.
• Prepare and issued form No.16 to staff members above 300 members.
• Filed periodical Tax returns with Income Tax departments
• Filed professional Tax return with professional Tax Authorities.
• Prepared Balance Sheet as per various required schedule.
Responsibilities:
• Prepared Government Grants Budget.
• Prepared receipt and Payment A/C for a period.
• Prepared income and Expenditure A/C for a Period.
• Prepared dead stock register.
• Prepared Schedule of depreciation on various fixed assets.
• Checked and verified petty cash and cash book entries with vouchers and receipts.
• Prepared salary bill of staff junior college teaching staff.
• Prepared and issued form No.16 to staff members above 300 members.
• Filed periodical Tax returns with Income Tax departments
• Filed professional Tax return with professional Tax Authorities.
• Prepared Balance Sheet as per various required schedule.
Passed successfuly Degree of Master of commerce with First Class My course was full time, I had 2 parts to cover, Part one in the year 2006 and part two in 2007, my subjects were as under: Part One: Management Accounting Principles of Management Accounting and MIS Advanced Accounting Business Taxation Part Two: Business Finance Industrial Economics Advanced Auditing Research in Accounting and Case Studies
Passed B. Com from Bombay University in the year 1993 with 1st Class, special Subjects as under: → Financial Accounting → Financial Auditing → Regulation of Trade Practices → Industrial Organisation and Management
Faculty Commerce Four Special Subjects as under: → Economics, Scored 71 out of 100. → Book Keeping & Accountancy, Scored 75 out of 100. → Organisation of Commerce, Scored 77 out of 100. → Secretarial Practice, Scored 73 out of 100. Aggregate Percentage 72%, stood 2nd Rank in whole college, RK Talreja College of Arts science and Commerce Thane, PIN 421003.
Three Years Integrated Course: Details of Subjects and Marks Obtained as under: → Business Communications, 70 out of 100. → Business Economics, 67 out of 100. → Commercial Geography, 61 out of 100. → Maths and Stats, 84 out of 100. → Accounting and Financial Management, 84 out of 100. → Foundation Paper One, 44 out of 100. Aggregate 68% (410 out of 600)
Three Years Integrated Course: Details of Subjects and Marks Obtained as under: → Business Economics, 50 out of 100. → Business Law, 66 out of 100. → Business Planning, 65 out of 100. → Marketing Research, 68 out of 100. → Accounting and Financial Management, 69 out of 100. → Foundation Paper One, 69 out of 100. Aggregate 64% (384 out of 600)
