Accounting Manager
Petromin Corporation
Total years of experience :14 years, 5 Months
• Provide clear and accurate trial balance for year-end external audit and liaison with external auditors on external audit action plan.
• Monitor and post all financial transactions, including manual journal vouchers, to ensure adherence to accounting standards and company policies, and timing of montly closing .
• Prepare and review Balance Sheet and P&L fluctuation analyses and ability to dive into the details to further investigate variances vs. budget and prepare monthly reconciliations for balance sheet accounts.
• Ensure the preparation of timely, accurate and relevant financial reports to facilitate understanding and analysis of the businesses for business management and top Management.
• Prepare monthly, quarterly, and annual reviews & analysis of balance sheet & P&L, audit requests and inquiries from internal and external auditors.
• Participate in internal controls processes, such as review and approval of payments, invoices, and purchase orders as per corporate authority matrix.
• Utilize Oracle systems, including Oracle EBS and Oracle Fusion, to perform various tasks efficiently.
• Implement segregation and merging processes within the companys financial systems.
• Prepare general ledger entries and reconcile all trial balance accounts to ensure accuracy and integrity of financial records.
• Prepare profit and loss statements and conduct expense analysis, both in combined and station-wise formats, to evaluate financial performance and identify areas for improvement.
• Analyze financial transactions related to expenses, sales, and cost of goods sold (COGS) to assess profitability, identify trends, and inform strategic decision-making.
• Train and supervise junior staff, providing guidance and support to ensure their professional development and effective contribution to team objectives.
• Review journal entries submitted by junior accountants to verify accuracy and compliance with accounting standards and company policies.
• Prepare account reconciliations to ensure the accuracy and integrity of financial data, facilitating accurate reporting and compliance with regulatory requirements.
• Runned fixed assets modules and checked the monthly addition, deletion, depredation, accumulated, etc.
• Recorded various types of accounts payable (AP) invoices and payments, including expenses, petty cash, purchases, assets, and bank transfers, ensuring accurate and timely processing.
• Recorded various types of accounts receivable (AR) invoices and collections, including revenue, other income, and cash collections.
• Created bank reconciliations and collaborated with other departments to validate all bank transactions, ensuring accuracy and integrity of financial records.
• Prepared manual journal vouchers (JVs) for accruals to accurately reflect expenses and revenues in the appropriate accounting period, adhering to accounting standards and company policies.
