Chief Accountant
Banta Furniture Company
Total years of experience :11 years, 5 Months
• Cash flow management
- Maintaining records and monitoring cash flow to ensure that there are enough funds available to pay bills on time
- Preparing reports on loan repayments and other financial transactions for external parties such as banks or investors
- Reviewing reports on cash inflows and outflows and making adjustments as needed
- Preparing cash forecasts to help determine how much cash will be needed to cover upcoming expenses
- Preparing reports on cash balances and other financial activities for management review
• Ensure an accurate and timely monthly, quarterly and year end close;
• Ensure the timely reporting of all monthly financial information.
• Coordinate, complete and ensure a clean and timely year end audit.
• Manage day-to-day accounting operations and ensure that there is a redundant process backup
• Maintain, implement and develop of a comprehensive manual of accounting SOPs to enhance the workflow of the department and ensure high class accounting system.
• Provide training to new and existing staff as needed.
• Manage and control the execution of all accounting activities (general ledger, receivables, payables
• Ensure the recording of inflows and processing of payments (corporate, payroll)
• Ensure accounts reconciliation including bank accounts and related party transactions
• Coordinate with external auditors and facilitate financial statement validation
- Achieved 2020 financial statement with 2021 & 2022 with
• Prepare monthly/quarterly management report.
• Review all entries including revenue, direct cost, and expenses.
• Review all the internal policies and company structure.
• Prepare the adjusting entries.
• Prepare budget and planning Analyses.
• Reviewing documents for accuracy
1. Responsible for production of monthly financial statements to set deadlines including variance analysis.
2. Design and deliver effective financial processes and procedures to ensure effective financial control.
3. Ensure accurate and timely preparation of monthly financials for all the malls including review of all schedules and explanation of variances to budget
4. Validate and record the monthly payroll and have it processed on a timely basis
5. Processing all confidential and payroll related payments
6. Review and oversee the schedule of recoverable payments and invoicing there of to ensure all recoverable payments are invoiced and recovered
7. Maintain a Schedule of Bank Guarantees issued and received and ensure timely renewals of all guarantees well before their expiry
8. Preparation of monthly / quarterly invoices for fees (management, consultancy etc.) and all other recharges relating to the Management
9. Ensure accurate and timely preparation of Management and all the mall financials including all schedules and explanation of variances to budget
10. Ensure reconciliation of accounts with Owner companies on a monthly basis and issuance and recording of all debit / credit notes and collection of due amounts
11. Monitoring the bank accounts to ensure funds availability and anticipating and highlighting any potential shortfalls to make timely financial arrangements
12. Coordinating and supporting the statutory audit process
13. Preparation of any ad-hoc reports as requested
- Prepare and review monthly financial statements for a sizeable portfolio of properties.
- Reconcile bank accounts and resolve reconciliation issues.
- Reconcile all other balance sheet accounts and maintain appropriate schedules and workpapers.
- Analyze and research budget variances.
- Work with operators to resolve accounting issues and answer questions on monthly financial statements.
- Provide support to investment team as needed.
- Ensure third-party balances are reconciled and paid timely.
- Perform the monthly and quarterly reporting requirements and ensure compliance in accounting process and procedures
Maintains payroll, including record keeping, processing pay check
- Maintaining general ledger, including preparing general entries, coding invoices, reconciliation, closing books monthly.
- Reconciles monthly bank statements, verifies all deposits, handles discrepancies and problems.
- Maintains payroll, including record keeping, processing pay checks.
- Oversees accounts receivables collection from individual/institution and reconciles customer accounts.
- Assists external auditors at year end including preparation of schedules, invoices and explaining supporting materials and procedures.
- Performs accounts payable duties such as verifying all invoices for payment, ensure expenditures are charged to appropriate accounts.
- Updates records for fixed assets and all other financial documents as necessary.
- Recommends, designs and implements any necessary department controls.
