Sr Accountant
al raha international integrated facilities and managment llc. (Aldar Group)
Total years of experience :20 years, 6 Months
Key tasks and responsibilities: Accounts Receivables
• Invoicing - Preparation of Invoices & Payment Certificates for clients and submitting for payment.
• Preparation of Debit Note and Credit as required and taking approval.
• Revenue recognition for Catering Mandays and Facilities Management Division and entering the same into the System, along with month/year end closing of book.
• Accrual accounting, reconciliation of Gl Accounts (Accrued Income, Reimbursables, Advances, Deposits and customer Ledger)
• Matching and Posting of AR Receipts with Invoices in Oracle System.
• Accounting for Camp Lease Payments to Aldar and maintaining records.
• Maintain up-to-date billing system - Transaction entries in ORACLE Financial.
• Preparation of Balance sheet schedules, MIS Report.
• Reconciliation of Vat output Ledger and providing the same for Tax Payment to Treasury Accountant.
• Maintaining records and for Audit Purpose.
• Follow up collection and allocation of payments.
• Carry out billing, collection and reporting activities according to specific deadlines.
• Opening New AR Customer Accounts in Oracle System along with their VAT No.
• Monitoring customer Ageing Reports for non payments, delayed payments and other irregularities.
• Handling AR Internal and External Audit independently, resolving all the Audit queries.
• Investigate and resolve customer queries.
• Process adjustments
• Organizing a recovery system and initiate collection efforts
• Communicating with customers via phone, email, mail or personally
Key tasks and responsibilities: Accounts Payable
• Process all purchases (supplier invoices) and refunds (credit notes)
• Charges expenses to accounts and cost centers by analyzing invoice/expense reports; recording entries.
• Preparation of Payments of Suppliers as per LPO and Contracts.
• Reconcile supplier accounts and resolve differences .
• Deal with supplier account queries via telephone, email and fax and resolve queries promptly
• Monitor Accruals and Advance Payments to Suppliers.
• Accounting for Assets and Depreciation, as per Capex.
• Disburses petty cash by recording entry; verifying documentation.
• Accounting for Aldar Restaurant and Super Market, collection of cash and depositing the same into Bank Account.
• Cash Disbursement of Salaries to Employees as per Pay Slip.
• Month end and year end closing, balance sheet schedules and audit preparation.
Accounts Receivables - Same as above (Al Raha Intl Intg Fac Mgt LLC)
JOB RESPONSIBILITIES:-
• Job includes proper administration and smooth functioning of the Branch office. Handling petty cash and sale cash and branch accounts.*
• Distribution of salary, follow up calls, lessoning Government Offices and the Company for sale tax, excise etc.
• Preparing for office Exp. Budget, Checking monthly stock report of store department, requisition of products.
• Working as a bridge between company and distributors - providing proper customer care and maintaining a healthy public relation. Reporting to the director of the Company.
Handling Branch Accounts -
* Main Job Tasks and Responsibilities
Compile and analyze financial information to prepare financial statements including monthly and annual accounts
Ensure financial records are maintained in compliance with accepted policies and procedures
Ensure all financial reporting deadlines are met
Prepare financial management reports
Ensure accurate and timely monthly, quarterly and year end close
Establish and monitor the implementation and maintenance of accounting control procedures
Resolve accounting discrepancies and irregularities
Continuous management and support of budget and forecast activities
Monitor and support taxation issues
Develop and maintain financial data bases
Financial audit preparation and coordinate the audit process
Ensure accurate and appropriate recording and analysis of revenues and expenses
Analyze and advise on business operations including revenue and Expenditure trends, financial commitments and future revenues
Analyze financial information to recommend or develop efficient use of resources and procedures, provide strategic recommendations and maintain solutions to business and financial problems
