Management Accountant
North Energy
Total years of experience :15 years, 2 months
Preparation of Period-End Management and statutory Reports, key financial indicators and anylsis.
Work with Country and Regional Accounting Team in monitoring month end process, review P&L Accounts Movement.
Analyze key performance matrix, business trends and financial results and provide financial analysis to business units.
Assist in business plans and quarterly forecast process.
Review Financial Management Reports, budget and forecasts.
Analyzes and interprets financial data and recommends changes to improve systems and financial performance to the Management
Responsible for Projecting Company’s Financial Status, and Financial Planning which includes Forecasting of Sales, Cash Management and investment Decisions in the company
Evaluating the efficiencies and effectiveness of operational and financial controls in the Company, as well as identifying areas for improvement.
Perform ad-hoc accounting/finance responsibilities and due diligence.
Administration for the Accounts Department for its oil and gas operations and coordinating with other related party Companies outside UAE.
Supervision and Control of Accounting operations and Internal Control System implemented in the Company
Preparation of Financial Statements i.e. Statement of Financial Position, Statement of Financial Performance, Statement of Cash Flows and Statement of Retained Earnings.
Participate in the Design and Implementation and Control of the accounting System and Accounting Procedures for the whole company including Offices outside UAE.
Analyzes and interprets financial data and recommends changes to improve systems and financial performance to the Management.
Coordinates with each accountant for the daily updates and status of the company.
Assessment for the profitability of each project in terms of dollar per metric tons.
Conducts Meeting with the Respective Accountants for the preparation of Monthly budget, profitability and control of expenditures for each project, departments and the company as a whole.
Evaluating the efficiencies and effectiveness of operational and financial controls in the Company, as well as identifying areas for improvement
Assisting and answering all queries of auditors.
Responsible for Projecting Company’s Financial Status, and Financial Planning which includes Forecasting of Sales, Cash Management and investment Decisions in the company.
Approval and Verification of Company Payroll every month. Control for the Company to assure that we are complying with the WPS System.
Provide Management advisory services to the company for its growth and long term plans.
Coordinates with bank on confirmation/verification of unusual bank transactions
LC Processing and Meeting with the clients for Accounts Settlement Issues
Directly Reporting to the Chief Financial Officer (CFO).
- Supervision of Accounting operations and Internal Control System implemented for main office and its branches in the United Arab Emirates and Saudi Arabia
- Preparation of Financial Statements and Consolidated Financial Statements in accordance with the generally accepted accounting principles i.e. Statement of Financial Position, Statement of Financial Performance, Statement of Cash Flows and Statement of Retained Earnings.
- Design and Implement the accounting System and Accounting Procedures for the whole company.
- Conducts Meeting with the Respective Accountants to prepare Monthly budget, profitability and control of expenditures for each project, departments and the company as a whole.
-Evaluating the efficiencies and effectiveness of operational and financial controls in the company, as well as identifying areas for improvement
- Assisting and answering all queries of auditors.
- Play an advisory role in Projecting Company’s Financial Status, and Financial Planning
- Directly reporting to the General Manager with the overall financial status of the Company for decision making purposes.
- Approval and Verification of Company Payroll with 201- 500 employees every month. Control for the Company to assure that we are complying with the WPS System.
- Provide Management advisory services to the company for its growth and long term plans.
- Coordinates with bank on confirmation/verification of unusual bank transactions
- Administer the work of the finance department and Fixing Accounting Softwares Problems and Technical operations.
- LC Processing for United Arab Emirates and Saudi Arabia Operations.
- Meeting with the clients for settlement of Accounts issues
- Preparation of Financial statements in accordance with the generally accepted accounting principles (from recording of transactions up to finalization of Financial statements)
- Asset Management of the Company
- Processing the Letter of Credit for clients.
- Review and evaluation of monthly Financial Reports
- Supervision of data entry of financial transactions through accounting softwares.
- Communicating and checking Accounting staff’s daily transactions
- Preparation of Payroll with 201-500 employees every month.
- Processing of employees’ salary transfer through the WPS system.
- Preparation for the reports of employees resignation and computation of benefit of each employee
- Coordination with company’s suppliers and schedules payments
- Analyzes movement and flow of inventory with detailed knowledge of slow, medium and fast moving items.
- Responsible for updating items, price changes, and inventory stock cards
- Maintenance of project’s status and invoicing schedule.
- Supports the Preparation of Financial Statement up to finalization in specific branch office
- Responsible for Accounting operation functions covering local operations
- Review clients’ financial accounts including internal operational procedures to receivable system
- Prepare and submit Financial Reports for the Management
- Team Player in the preparation of financial analysis and review of existing accounts policies.
- Assist in organizing annual regional internal audit workshops for the company
- Provide administrative support to department
- Identify the irregularities or deficiencies and recommend improved / new initiatives in line with best practices
- Prepare the monthly payroll sheet and properly disburse the salaries to all the employees.
- Invoicing and collection of Receivables
- Arrange payments for vendors
- Prepares reports every month end to be reported directly to the general manager.
- Accounts Receivables and Bank Reconciliation.