Senior Accountant/Consultant
Concord Accounting & Bookkeeping LLC
Total years of experience :13 years, 3 Months
• VAT & Corporate Tax Advisory to Existing and Potential Clients.
• Implementing Accounting Systems of new and old organizations on ZOHO Books, QuickBooks online, QuickBooks Desktop, Xero and other Accounting Software by Collecting useful information and records for Restaurants, Café, Transport Companies, Construction and Engineering Consultancy.
• Assisting Clients for implementation of Accounting System as per IAS & IFRS to comply with Corporate Tax requirements.
• Supervise 5 Accountants for timely completion of bookkeeping with Accuracy and effectively.
• Implementation of Accounting Software’s and Designing Chart of Accounts as per Company and industry requirement.
• Preparing Breakeven Analysis report for Customers.
• Ensuring VAT Compliance of 50+ Clients.
• VAT/CT Registration of new and old Companies.
• VAT Return Preparing and filing as per FTA requirements.
• VAT De registration and Amendments.
• Coordinate operations of the accounting department, execute accounting processes and ensure that the accounting standards are followed.
• Monitor daily transactions and ascertain their proper treatment in accounting books, maintain accurate record of transactions.
• Involve in Reconciliation of inventory, accounts receivables, invoices, budget, and other reports to summarized current as well as projected company financial position.
• Handle petty cash, prepare expense reports, process monthly salaries and bank reconciliations, inter-company billings and balance confirmations and record these to the ERP.
• Prepare MIS reports, daily voucher entries via journal voucher, purchase voucher, payment/receipt voucher, petty cash, debit/credit notes, transportation voucher.
• Solely handle the bank reconciliation and arrange mortgage as well as different warranty bonds from various banks for 3 companies.
• Preparing payroll of above 150 employees as per UAE labor law.
• Ascertain all transactions (cash handling, petty cash and cheque payments, journal entries, cash receipts, etc.) are recorded properly and in accordance to the definition set on international accounting standards.
• Ensure full compliance with standard accounting practices and procedures, assisted auditors by providing documents and reports during audits the agreed plan.
• Interact with external auditors and function as key contact by supporting them with explanations during the audit process.
• Liaise with the Finance Manager for external audits till the finalization of quarter/annual accounts and related statements, and coordinate for physical stock taking for the year-end audit.
• Prepare applications for Vehicles CICPA NOC from Muroor.
• Exercise budgetary controls, accounting & physical controls and credit control as per laid down procedures. Also exercise controls on other purchase and services scheduling expenditures and monitoring costs.
• Monitor entire office administration, prepare the purchase order requisitions, handle logistic related queries, processing shipment clearance approvals.
• Manage Tadweer online Portal for Garbage & sewage disposal; Handle the registration with ADNOC as Vendor & updating Company profile as required.
• Preparation of books of accounts and closure of accounts each month, and oversee bank reconciliation.
• Manage accounts payable by verifying and processing invoices, reconciling statements, and preparing payments to vendors.
• Monitor accounts receivable, invoicing clients accurately and promptly, and following up on overdue payments.
• Coordinate activities of the finance and accounting department and ensure adherence to policy and procedures.
• Prepare ad-hoc reports, submit these to the executive management to enable them to take data backed decisions. .
• Responsible for preparing MIS, checking accounting records against transactions, analyse ledger entries and prepare trial balance, income and expense statement and balance sheet.
Studied Financial Accounting, Management Accounting, Financial Management, Economic, Business Statistics, Management, HRM, Marketing Etc..
Studied Financial Accounting, Cost Accounting, Economics, Business Maths & Statistics etc.