Account Officer
MVL Group
مجموع سنوات الخبرة :17 years, 1 أشهر
Prepare, examine, and analyze accounting records, financial statements, and other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
Review monthly financial statements of the Group, make necessary adjustments/changes/ provisions and close monthly accounts on time.
Ensure effective implementation and enforcement of the approved budget; monitor and report on budget variance and identify key issues and potential corrective action.
Provide key financial information within established timelines in areas such as operating results and budget versus actual and resolve any issues with respect to planning and budgeting
Analyze business operations, trends, costs, revenues, financial commitments, and obligations, to project future revenues and expenses.
Manage the external audit process including preparation of yearend financial statement of the Group and individual entities and ensure compliance with IFRS, and relevant legislations.
Responsible for design, modification, and implementation of VAT frame work, development and maintenance of VAT policies and procedures.
Review payroll functions.
Responsible for planning, scheduling and monitoring of Audit, Internal Audit, Accounting, Financial Reporting and MIS functions.
Audit of financial statements to report on whether the financial statements are showing true and fair view of the financial position and results of the entity and in conformance to IFRSs, IASs, laws governing the entity and procedural standards.
Financial reporting, compilation, accounting and finalization of accounts for companies as per IFRSs, IASs and according to the regulations governing the companies; maintain book of accounts, reporting and analysis using Sage 50, Quick books, Tally ERP, Custom ERPs, etc.
Internal Audit of Companies in variety of environment: Ensures compliance to the established financial policies and procedures; review and recommend modifications to the financial systems, policies and procedures for continuous improvement; examining company accounts and financial control systems.
MIS Reporting: Preparing and analysing periodic financial statements, including profit and loss account, budgets, cash flows, variance analysis and comments there on; preparation of revenue reports; structuring of large volume of discrete data in to meaningful formats and reports which is useful to management for variety of decisions (by using advanced MS Excel, extracted huge volume of data from ERPs covering various departments to create reports).
Verification of book of accounts, fixed assets and inventories: Verification of clients books of accounts to ensure which has been properly maintained, all entries are made from original documents, provisions are made whenever necessary, expenses are accounted on accrual basis, revenue recognition concept is applied properly, etc.; verification of fixed assets and inventories to ensure the existence and valuation.
Carry out statutory audit, tax audit and internal audit of companies including trading, manufacturing and banking companies.
Verification and examination of companies accounts.
Completes audit workpapers by documenting audit tests and findings.
Communicates audit findings by preparing a final report; discussing findings with auditees.
Finalisation of accounts and book keeping for clients by complying with accounting standards and applicable laws and regulations.
Compute taxes owed, prepare tax returns, and ensure that taxes are paid properly and on time.
Preparation of cash flow projections, budgets and project reports.
Reconciliation of accounts including bank, control accounts, suppliers and customers account.
Posting entries for purchases, sales, receipts, payments, petty cash, etc. in vouchers using software like Tally.
Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports.
Prepares asset, liability, and capital account entries by compiling and analyzing account information.
Preparing Value Added Tax and Income Tax returns.
Preparation of bank reconciliation, supplier and customer reconciliation statements.
Manage banking transaction and other administrative duties.
Inventory management, payable and receivable management and periodic stock taking.