Senior Accountant
Integrated Trading Co. LLC.
Total years of experience :16 years, 1 Months
Prepare profit and loss statements, monthly closing and other Management Information system (MIS)
reports.
• Reconciling financial discrepancies by collecting and analyzing account information.
• Researching taxation regulations relevant to the needs of the company, and adapting them into forms easier
to understand and execute.
• Verifications and preparation of Letter of Credit (LC) and amendment, liaising with the clients and as well
as with the banks.
• Processing Invoices of Suppliers, and sending invoices for customers timely with utmost accuracy and
completeness.
• Prepare and Analyze ageing analysis of customers and suppliers.
• Approving Credit limit facility of the customers after discussing with management and reviewing the business
transactions
• Verifying and negotiating customers’ orders for the commercial terms and other terms and conditions as per
the company policy and management decision.
• Preparing and posting monthly accruals, provisions and cost allocations.
• Generating Profit and loss reports and maintaining these reports for future project reference
• Revenue reports creation for the management and planning for future budgets, overheads, and cost- cutting
• Negotiate terms with suppliers after researching competitive pricing, market ability and other factors
affecting the pricing structure.
• Analyzing the trends and notifying the administration to improve productivity by adopting higher productivity
models.
• Stock Analysis
• Cross-check data between the physical documents and the system.
• Achieving financial security by following internal controls.
• Auditing and reviewing the internal controls and procedures for improvements.
• Defined accounting processes for payables, receivables, payroll, and other SOPs to be followed by each
department and put those into practice
• Preparation of general ledger entries, trial balance, income statement, balance sheet, and statement of
cash flows as per required standards and presentation of these financial statements before management.
• Preparation of payment through cheques and Bank transfers for Local/ Foreign Suppliers
• Preparing and sending monthly statement of accounts to the customers
• Following up on invoices made or bills raised for the services provided.
• Maintaining cost centers and GL accounts. Supporting the strategic vision of executive leadership through
process evaluations and improvements.
• Generating the company’s financial statements and monthly accounts closing
• VAT record maintaining, verifying, and filing VAT returns as per Federal Tax Authority (FTA) Rules and
Regulations after confirmation from consultants and payment of VAT
• Coordinating with clearance agents for the Goods imports
• Dealing with suppliers for making on-time payments plus monthly utility bill payments and yearly license
renewals
• Assisting the external auditors in annual audit assignments
• Maintaining Fixed Assets
• Maintaining online platforms such as amazon and making entries in the system
• Preparing and maintaining of Bank reconciliation statements
Tally Income\ Commission figures with Report,
Consolidated Profit & loss Account & Balance sheet.
Trial Balance Scrutiny & Provision for Expenses & other Heads.
Preparing TDS data file,
TDS monthly Entries & Monitoring the Entries Quarterly.
Checking TDS certificate with data file
Keeping tracks on TDS certificates
Handling TDS related queries.
Comparison between Actual and Budgeted costs; Analysis the last year and current cost difference and reason; Analysis actual field expenses with application collected & Location activated etc.; Analysis the cost of advertisement.
Monitoring Team and Branch's accounting activities on daily basis & provide guidance to junior officers handling cash of the branch transactions.
Managing the day to day accounting operations and internal controls, including regulatory compliance & Head Office reporting.
Processing & Verifications of Daily Receipts, Payment, funds, other records.
Checking daily transactions Bulk Sale, Bulk Purchase, Receivables and payables.
Maintaining register books and updating the same on daily basis.
Bank reconciliations of bank accounts of 5 branches and reporting the same to HO on daily basis.
Participating in other branch activities and support the branch.