Chief accountant
Gulf palms General Trading & cont.co.
Total years of experience :18 years, 5 months
• Maintaining accurate and up to date records of all financial transactions
• Review & approve payment vouchers & journal entries.
• Checking of bank Vouchers receipts and payments, confirming bank Books balance with Bank statement along with Daily Bank Reconciliation.
• Verification of Suppliers accounts, checking both Purchases from suppliers and payments
• Verification of Receivables accounts, checking both sales to customers and payment received from customers
• Verification of Inter-related transaction between Inter-Divisions and confirming monthly balance between Inter-Divisions are reconciled.
• Arrange bank Payments dues and LC repayment schedule
• Verification of salaries and wages, leave payment and Indemnity payment along with records maintained by payroll department.
• Follow up with Foreign Suppliers, relating to Delivery of Goods as per Purchase order and Payments.
• Preparation of Costing Factor on arrival of shipment for Inventory process.
• Preparing monthly reports ( ageing -bank reconciliation-sales-purchasing)
• Perform full set of accounts and ensure timely closing of accounts.
• Assisting to Finance Manager for planning of Suppliers payments, dues and others payments.
• Other financial management duties assigned by the Director of Finance.
• Preparation of yearly Budget of sales and purchase, Analyzing of Variance with actual.
• Assistance in preparing the annual inventory.
• Preparing the quarterly income statement, monthly trial balance, work within team in preparing the balance sheet.
• Work consultatively with the respective departments on cost reduction
• Interfacing with external auditors for annual audit and preparation of annual financial reports
Auditing of accounts receivables for customers relating to the department of standing orders, verified and adjusted periodically to be constantly updated.
•Reporting to senior management on the financial position for the standing orders customers.
•Responsible for completion the procedures of cancellations & adjustments & new contracts which regarding the deductions orders which received from customer service department for sending it to bank.
•Responsible about the customers database that contains their bank accounts & their credit cards.
• Responsible about completion a transactions monthly deductions via MIGS bank system (MasterCard Internet Gateway Service), and posting payments to Oracle Financial System.
•Follow up the debtors for Collect the Dues.
•Communication with Customers regarding any problems related to Their Accounts.
•Updating customers database according to the new subscriptions and creating the new of it.
•Supervision on all filling systems.
Compile and maintain the general ledger, payables, receivables, income, expenses and journal entries.
Manage fixed assets, depreciation & Handle payroll entries and manage petty cash.
Prepare profit and loss statement, monthly closing reports and cost accounting reports.
Handling account dues Employees (leave - indemnity) & other affairs for employees.
Calculate and prepare billings and quotations and track receivables.
Prepare financial reports for financial analysis (revenue & expenses report, accounts receivable aging, general and administrative expenses..)
Perform month-end bank reconciliations.
Assist in providing data for budget development, review and forecast updates, as required.
Studying the finance position for any media campaign in terms the profitability and loss for assistance in decision making and forecasting.
Assistance in the preparation of all paperwork required to participate in tenders.
Preparation the financial statements including quarter & annual after adjustments ( trial balance, cash flow, income, profit & loss balance sheet)
Coordinate with the auditors, and ensures the fulfillment of all their requests.
Handling renting account & recording bills & posts data in system.
Coordinate with sales department & prepare the renting reports of clients.
Review the accounting documents to ensure accuracy of information and correcting entries.
Perform month-end bank reconciliations.
Assistance in monthly accounts closing & preparing the account reconciliations.
Assistance in preparing the financial statements including monthly & quarter & annual accounts.
Assists auditors with the preparation of annual comprehensive annual financial report.
Bookkeeping and recording daily transaction and Handling petty cash.
Track the receivable and advances of staff and daily wages of workers and contractors and payroll.
Responsible on bank deposits and reconciliations banks account.
Preparing Financial Statements, including monthly, Trial Balance, Profit & Loss, Income, Balance sheet.
Studying quotations & assistance in negotiations about the pricing.
Monitoring the stores & follow it & preparing the reports to management.
Interacting and Communicating with Bank regarding issuing credit letters L/C.
Management of sales and marketing when needed.
Communications and negotiation with the export Companies via Commercial Correspondences.