Accounts Officer
Makstlyo Interiors
Total years of experience :11 years, 6 Months
Preparing journal entries
General ledger operations
Prepare analysis of accounts as requested
Assist with yearend closings
Administrating accounts payable and Receivables
Preparation and Reporting of Daily Cash Flows
Vendor payment account reconciliation
Assist with preparation and coordination of the audit process
Performing bank reconciliation
Assist in Payroll of Employees.
Assist in compiling and distributing reports such as, Monthly Management Reports and other reports as required.
Prepare settlements Annual Leave and Final.
Managing Petty cash.
Performing Intercompany reconciliation
Calculation Percentage of Completion for billing.
Preparing Schedules of loans and advances
Calculation of Depreciation
Closing and preparation of monthly financial statements.
Review and process expenses report
Review and assist in document filing
• Preparing Monthly Financials report & analyzing the cost.
• Preparing Cash flow & Budgeted Cash flow (Controlling & Reporting) to Top Management.
• Preparing Monthly Sales Report and send to Top & Mid Management with Actual vs. Targeted numbers, showing the variation and all other reports as per their requirement.
• Preparing Bank Reconciliation Report. (Daily basis & Monthly basis)
• Preparing and reviewing daily entries passed by colleagues & updating the errors.
• Preparing and reviewing all monthly closing entries. (Accruals)
• Stock Checking, COGS Analyzing & Cost Controlling.
• Reviewing Suppliers payments. (Cash, Chq, Returns & Refunds )
• Reviewing Petty Cash expense reimbursement with proper documentation.
• Preparing closing procedures (Closing Inventory Count & Spot Check)
• Checking daily revenues and deposits (Cash & Credit Card) in the bank from time to time to maintain proper cash flow.
• Preparing all Adjustment & Reclassification entries for every year end. (Schedules, Provisions, Accruals & Inventories)
• Supporting colleagues in a friendly manner and helping them to finish their task quickly.
Performs research on tax policies on corporations and Partnerships, examining and analyzing their financial statements, expenditures and revenues to ensure financial recording accuracy and compliance with established accounting standards, Coaching & mentoring the new hires in the team. Additionally prepares corporate & Partnership tax returns, general ledgers, bookkeeping, financial reporting and reviewing new hire’s client work and providing feedback for improvement.
Significant Contributions:
Utilizes Go-systems to import trial balance from excel, posting adjustment entries and creating lead sheets.
Executes self-reviews to ensure compliance with provisions of the income tax Act and other statutory requirements. Individually checks and confirm AP/R& Sales, searches for unrecorded liabilities.
Analyzes existing accounts to locate inconsistence and insufficiencies, preparing adjustment journal entries to correct accounts for errors, compares accounts with prior year to observe major variances.
Utilizes financial statements to prepare tax returns using Corptax or Go-systems, examines paid/unpaid tax instalments, extensions payments, previous years losses & necessary adjustments.
Utilizes various research tools like CCH and BNA for tax updates and recommend suitable changes.
Reviews new hire’s client work and provide feedback for improvement.
Takes initiation for updating job knowledge by participating in educational opportunities, maintaining personal networks and reading professional publications provided by the firm.
• Preparing journal entries and complete general ledger operation.
• Monthly closings and preparation of monthly financial statements.
• Prepare analysis of accounts as requested and bank reconciliation.
• Administer accounts receivable/accounts payable.
• Monitor and resolving bank issues including fees anomalies and check differences.