Senior Associate
KPMG
Total years of experience :10 years, 3 months
Responsibilities:
• Maintaining and managing the books of accounts of the Couture Division - of the retail group
• Receivables’ management - ensuring accurate deposit of sales in bank and following up with any discrepancies along with credit card transaction monitoring and analysis
• Payables’ & Suppliers’ management - following up with new purchase orders payments due to suppliers
• Follow-up of seasonal shipments of stock orders and logistics supervision
• Accurate execution of the Procurement / Purchase process of new stock orders
• Negotiation with suppliers for best prices and discounts while finalization of new stock order placements
• AR/AP Reconciliation Reports Preparation regularly to highlight discrepancies and follow-up with solutions
• Accuracy of daily invoicing to customers and cut-off dates
• Preparation of monthly bank reconciliations and updating bank payments and receipts status
• Reviewing and verifying supplier invoices for timely preparation and processing of cheques
• Filing VAT Returns and VAT implementation in the company’s books of accounts
• Accuracy confirmation of Monthly Payroll computation prepared by the HR Department
• Inventory Management - Cost calculation and Pricing of all new stock items purchased
• Conducting quarterly and year end stock take in all stores - as an internal check to avoid pilferage
• Managing and Updating stock/inventory status in system - and attending to stock related issues in stores
• Weekly and monthly preparation of bank reconciliations, Receivables/Payables and other MIS reports
• Assisting in and conducting annual audits and providing auditors’ with the relevant support documents and reports
• Monthly Petty Cash management of Head Office and all store branches of the group company
• Support to the finance team as required and assisting in admin related tasks as assigned
Accounts Associate
Responsibilities:
• Maintaining Books of Accounts & tallying of Trial Balance of various clients
• Analysis of Bank Reconciliation, Payroll, Budgeting and Revenue recognition
• Reconciliation of financial discrepancies by necessary analysis of accounts
• Reporting status of A/R and A/P aging to clients and advising appropriate measures
• Preparation of final accounts - Profit and Loss statement, Balance Sheet & Cashflows
• Managing junior team members and addressing to the accuracy of their assignments
• Application of appropriate IAS’s & IFRS’s in the management accounts of clients
• Direct interaction with clients for quality control and feedback
• Briefing clients with the standard accounting rules used in their management accounts
• Financial Reporting of various clients’ management accounts
• Performing data analysis; and providing industry outlook to clients
• High focus on clientele satisfaction in all aspects and ensuring accuracy of their accounts
• Conducting audit of financials of various clients
• Performance management & strategy implementation
• Facilitating smooth liaison between the clients and senior management
• Co-operation and teamwork with peers and colleagues
• Focus on quality services and betterment of the company’s foreseeable future
Assistant Accounts Officer
Responsibilities:
• Recording entries in trading data profiles of different investors
• Assisting in the preparation of computer based and manual books of accounts and registers
• Maintenance of the trial Balance, salary processing using payroll system and excel
• Managing day to day operations of the existing cost accounting function
• Monitoring cash flows and determining that funds are arranged in the most cost effective manner
• Proactive analysis of variances and communication of issues and opportunities to operations management
• Ensure posting of petty cash expenses
• Review invoices to ensure that all the information appearing on them is accurate
• Keeping all financial information confidential
• Maintaining liaison with other departments
• Other accounting/finance support as needed