Accountant
Arabian Entertainment Company, Ltd.
Total years of experience :16 years, 8 months
• Prepare top management reports such as monthly and quarterly revenue summary, controllable expense analysis, employee cost analysis and other reports as required by the VP Finance.
• Prepares Operations-Financial Reports such as Monthly Operational Income Statement Comparison (Actual Current Year vs. Actual Previous Year vs. Budget), Controllable Expense Summary Report, Daily Sales Report (Actual vs. Budget) etc.
• Ensures accuracy and reliability of Daily Sales Reports for the restaurants through proper checks and balances.
• Provide weekly sales report with variance analysis (actual current year vs. actual last year vs. budget). Provide detailed breakdown of discount applications for the week and summarize weekly sales performance by all restaurants.
• Assist in yearly budget preparation.
• Support in the monthly preparation of Financial Statements like the Balance Sheet, Income Statement and Statement of Cash Flows.
• Coordinates with External and Internal Auditors with respect to reconciliation and handling of receivables and payables.
• Performs bank reconciliation for 7 company accounts.
• Prepares monthly withholding tax and royalty computation for franchise fee paid to Applebee’s International, Dine Equity Inc.
• Record financial transaction of restaurants through Oracle system such as purchases, payments, revenue, adjustments and recurring entries.
• Prepares payroll for around 700 employees under company/ SEDCO sponsorship and Outsource companies.
• Calculates and prepares the monthly Sales Bonus incentive payout and Quarterly Expense Savings bonus.
Consistent Dean's Lister