Senior Accountant
OBS GROUP
Total years of experience :10 years, 9 Months
OBS GROUP Is a diversified group of companies operating in UAE, KSA, Oman, Bahrain & Qatar with various business interests in the field of luxury retail industry, furniture, logistics, Real Estate and Automotive. I am providing my services as senior financial accountant and carrying on the below mentioned tasks:
Responsibilities as Senior Accountant (Microsoft Dynamics Navision)
Performing to all tasks related to monthly closing of accounts of companies operating in UAE & KSA.
Preparation of reports for VAT Return completeness and accuracy of transactions.
Preparation of feasibility studies of new shops.
Reporting daily sales of various brand outlets operating in the region.
Preparation of quarterly cash flow projection.
Reconciliations of Banks, supplier, cash & credit card sales, intercompany accounts.
Preparation of various ad hoc management reports and presentation for higher management meetings.
Communication other departments of the companies for the routine matters.
Interaction with banks for routine transaction and issues.
Interaction with external auditors and providing explanation and documents to auditors.
Achievements: Experienced financial accounting & reporting of companies operating in different countries given me knowledge of other countries legal requirements and achieved a capability to work on vast accounting structure. Hands-on working in ERP and recommended change in reporting considering the accounting standard which management recognised and it improved the decision making.
Responsibilities as Accountant (AR & Credit control) (Insight ERP, Microsoft Dynamics Navision)
Prepare monthly receivable statement and send it to all customers.
Closely monitoring the accounts receivable aging of 167 customer and ensuring timely collection of receivable.
Maintain relation with customer to make sure payment is released and paid on time.
Determine reasons for overdue payments and negotiate resolution.
Accounts receivable reconciliation.
Prepare monthly collection report, compare it to achieved and escalate any uncollectable outstanding.
Coordinate with sales managers for any uncollectable outstanding.
Work closely with the risk manager on analysing all credit application.
Approving new credit application and analyse it to make sure it’s in line with the company policy.
Coordinate with legal department when required.
Verify details of transaction such as fund received and total account balances.
Calculate and post receipts to appropriate general ledger accounts.
Verify details of transactions, such as fund received and total account balances.
Reconcile the balance in the fixed assets subsidiary ledger to the general ledger.
Prepare and review the vat statement and Filing the vat return on FTA e-service site.
Prepare all fixed assets relates schedules and working papers for audit.
Achievements:
Participation in the implementation of Microsoft Dynamics in OBS Group.
Adding modification to the Credit approval process for the new customers.
Shortening Payment terms which led to an increase in the AR Turnover.
In charge of the Vat implementation phase, Vat execution and Vat filling to UAE Tax Authority.
Duminex IT group is a group of companies operating in UAE with business interests in the field of ERP software development and IT solution.
Responsibilities as Accountant (Dumisoft ERP)
Post and process journal entries to ensure all business transaction are recorded.
Sending statement of accounts to customers.
Update accounts receivable.
Preparing payment for suppliers.
Monitor all inventory level and determine appropriate delivery dates of all products and forecast all order requirements and maintain records of all activities and resolve all delivery issues.
Bank reconciliation.
Accounts receivable and payable reconciliation.
Prepare the P&L and the P&L Budgeting.
Prepare the cash flow statement and Cash flow Forecast.
Preparing the document for audit & assist with other accounting projects.
Training and consulting our customers on our ERP Software.
Achievements: Experienced Building a training program on using dumisoft ERP & recorded video on how to use the Dumisoft ERP efficiently for our clients and new joiners.
I joined Helal & Co. Auditing and consulting as an internee and assisted senior consultants in preparing the following reports
Preparation of business plans.
Research report.
Preparation of financial reports on Excel.
Analysis of financial statements.
Investment analysis.
Preparation of strategic plans.
Preparation of Marketing Analysis.
Achievement: Experienced working in highly professional team, and gained good writing and financial analytical skills. I learned professional report writing and strengthen command on Ms. Word & Ms. Excel.
In-depth practical knowledge of the VAT legislation and a clear understanding of the principles of VAT and application of the framework as it applies in the region. The programme is split into four manageable sections of learning and testing,