Senior Accountant-Investment
Metlife Alico
Total des années d'expérience :31 years, 9 Mois
Part of investment team of Gulf including Saudi portfolios having 1 Billion + total assets in Euro Bonds, Mutual Funds and cash equalents. Job includes procurement, allocation, reconcilliation of securities and reporting. Assisting Corporate Portfolio Management Unit in all areas of invetment functions which includes:
•Investment portfolio management of Middle East region
•Strict supervision of region’s investment activities comply with Company’s Investment Guidelines.
•Submission of Regulatory reports of investment operations and Asset under Management
•Preparation of Securities statements and reports to NAIC (US)
•Monitoring Mutual Fund application/redemption and fair value calculations
•Associating in trades of Bonds and dealing with the custodians
•Net Investment Income Calculations, Budgeting and analysis
•Cash Flow statements and Budgeting
• Monthly P & L Account
• Balance Sheet
• Cash flow forecasting & working capital control
• Inventory Management & Analysis
• Variance reporting - comparison of performance against budget
• A/R, A/P and inventory age analysis
• Sale and cost of sales analysis and GP reports
• Payrole preparation and disbursement
Experience Company policies, procedures & Accounting Systems
- Implemented Company’s policies & procedures
- Fixed internal control systems
- Evaluated accounting system soft wares on the basis of internal controls & policies
- Implemented accounting soft wares
Management Information System
- Monthly P & L Account
- Balance Sheet
- Cash flow forecasting & working capital control
- Inventory Management & Analysis
- Variance reporting - comparison of sales & expenditure against budget
Financial Accounting
- Ensure all financial transactions meet company policies & procedures.
- Coordinates the entire company’s accounting jobs.
- Maintenance of General Ledgers and Subsidiary Ledgers.
- Preparation of pay roll.
- Maintenance of Fixed Assets Schedule
- Processing of accruals and pre-payments so as to reflect the true & fair view of the Financial Statements of the company
- Monthly closing of accounts.
- Monitoring the day-to-day collection and banking. Monitoring and evaluation of aged receivables and payables.
Other Areas Dealt with the statutory auditors. Dealt with banks for various facilities like Bill Discounting, Letter of Credit etc. Preparation of bank reconciliation statements. Communication - letters, faxes & e-mails.