Senior Accountant
M.S. Al-Suwaidi Heavy Industries Co.
Total years of experience :16 years, 10 Months
Entering & verifying vouchers & issue payments according to the payment terms specified in the Purchase Order/Contract.
Filing of Monthly VAT returns.
Generate weekly fund requirement and cash flow statement.
Prepare cash flow forecast, balance sheet forecast & income statement forecast as per the data provided.
Reviewing tenders and bids.
Generating Sales Invoice from the system as per the delivery & books the revenue accordingly.
Following up with concerned sales person to collect the outstanding amount from the customers.
Maintain inter-company transaction and reconciliation.
Secures financial information by completing data base backups.
Government and utility payments through online facility.
Reconciliations of Account Receivables, Account Payables & Banks.
Updating Fixed Assets in the system and generating depreciation monthly.
Prepares Payroll for employees.
Process, maintain and record financial instruments like Bank Guarantee, Documentary Credit and renew or extend it according to the management and business requirement.
Preparing presentation slides for the management for financial review.
Co-ordinate with internal & external audit & resolve their queries before audit finalization.
Provide requirements of GAZT like Zakat documentation & Withholding Tax within time frame.
Contributes to team effort by accomplishing results as needed.
• Entering & verifying Vouchers & issue payments according to the payment terms specified in the Purchase Order/ Contract.
• Generating Sales Invoice from the System as per the delivery & books the revenue accordingly.
• Following up with concerned sales person to collect the outstanding amount from the customers.
• Secures financial information by completing data base backups.
• Reconciliations of Accounts Receivables, Accounts payables & Banks.
• Updating Fixed Assets in the system. Also generating depreciation monthly.
• Prepares Payroll for Employees.
• Prepares Letter of Credit for transactions with vendors.
• Prepares Letter of Guarantees to Client against receivables.
• Correspond & interact with banks for L/C, L/G transactions.
• Co-ordinate with internal & external audit & resolve their queries before audit finalization.
• Department of Zakat & Income Tax requirements to provide within time frame.
• Contributes to team effort by accomplishing related results as needed.
Responsibilities:
Account Payables.
Account Receivables.
Fixed Assets.
Payroll Processing.
