accounts payable specialist
Central Circle Company
Total des années d'expérience :17 years, 9 Mois
- Manage all payables aspects for revising and validating invoices on SAP
- Monitoring disbursements of funds and ensuring payments released on time.
- Following up the outstanding balances of creditors and advance payment settlement.
- Coordinating with procurement and follow up on open purchase orders
- Coordinating with Warehouse for creating GRPO
- Prepare Accounts Payable Dashboard for Senior Management.
- Budget tracking to maintain efficient cash utilization.
- Monthly reconciliation for balance sheet and income statement accounts
- Communicate and resolve financial data processing issues.
- Handle the day to day job performance of the staff members and manage the activities in approval of the manager.
- Establish, modify, document, and coordinate the implementation of accounting and Control procedures
•Manage all payable aspects for revising and validating invoices on Oracle financial
•Kuwait International Bank Portfolio: Coordinate with the Credit Department to release the due payments after the proper reconciliations & communication with the related K.Suppliers.
•Prepare the projection & Actual outflow for the KIB Portfolio.
•Prepare Inter company Reconciliation for 15 subsidiaries including Bahrain, Jordan, Oman & Lebanon and communicate with their finance department to reconcile any outstanding transactions.
•Prepare Accounts Payable Dashboard for Senior Management.
•Key Accounts Reconciliation, Coordination.
•Ensuring to meet deadlines through the staff.
•Handle the day to day job performance of the staff members and manage the activities in approval of the manager.
•Establish, modify, document, and coordinate the implementation of accounting and Control procedures.
•Communicate and resolve financial data processing issues.
•Monthly reconciliation for balance sheet and income statement accounts.
•Assist in preparing financial statements and variance analysis reporting.
•Following up the outstanding balances of creditors and advance payment settlement.
•Manage all payable aspects for revising and validating invoices on Microsoft GP.
•Establish, modify, document, and coordinate the implementation of accounting and Control procedures.
•Communicate and resolve financial data processing issues.
•Monthly reconciliation for balance sheet and income statement accounts
•Assist in preparing financial statements and variance analysis reporting
•Budget tracking to maintain efficient cash utilization.
•Prepare the monthly management-reporting package, which measure the performance of the company in comparison to budget and previous years, and explain variances.
•Fixed assets additions, Depreciation & asset retirement reports.
•Communicate and resolve financial data processing issues.
•Establish, modify, document, and coordinate the implementation of accounting and Control procedures.
•Payroll & Sales Commission Entry on Oracle E-Business Suite
•Supervision of the SLA compliance & accuracy for the following:
o Policy Refunds, Surrenders, Withdrawals, Deaths, TPD, Accident Claims, Medical Claims & Brokers Commissions.
o Manage all payables aspects for revising and validating invoices on A/P oracle module.
o Monitoring disbursements of funds and ensuring payments released on time.
o Following up the outstanding balances of creditors and advance payment settlement
o Bank Reconciliation
o Following up complying with all taxes (stamp duty, media stamp tax, salary tax, withholding taxes, Income tax and others)
1-Prepare profit and loss statements and monthly closing and cost accounting reports.
2-Compile and analyze financial information to prepare entries to accounts, such as general ledger accounts, and document business transactions.
3-Establish, maintain, and coordinate the implementation of accounting and accounting control procedures.
4-Monitor and review accounting and related system reports for accuracy and completeness.
5-Prepare and review budget, revenue, expense, payroll entries, invoices, and other accounting documents.
6-Analyze revenue and expenditure trends and recommend appropriate budget levels, and ensure expenditure control.
7-Explain billing invoices and accounting policies to staff, vendors and clients.
8-Resolve accounting discrepancies.
9-Recommend, develop and maintain financial databases, computer software systems and manual filing systems.
10-Supervise the input and handling of financial data and reports for the company's automated financial systems.
11-Interact with internal and external auditors in completing audits.
1- Responsible for the expense account
2- Preparing monthly and annual accounts
3- Account payable analysis
4- Account receivable analysis
5- Asset in preparing bank reconciliation statement
1.preparing general journals
2.financial analysis
3.Maintaining accounting records and preparing accounts and management information