Senior Accountant
Turner Construction Managment
مجموع سنوات الخبرة :27 years, 3 أشهر
• Compile and Analyze Financial Information to Prepare Financial Statements Including Monthly and Annual Accounts
• Ensure Financial Records are Maintained in Compliance with Accepted Policies and Procedures
• Reconciling the customer accounts monthly to ensure all payments are accurately recorded and banks are balanced at the month end. Reviewing of bank reconciliation statements & monitoring the daily bank transactions
• Coordinate the Audit Process. Liaised with independent auditors in completing annual financial statement audit. Coordinate with the accounting team to prepare quarterly financial statements and reports to help auditors for analysis
• Monitoring financial transactions, receivables, payables, projected cash and fund’s flows and initiating appropriate retrieval measures if required
• Controlling on employee claim processing/reimbursement and overseeing the employee payroll processing. Verify the expense reimbursement with supporting documents, and ensure that they are in accordance with the policies and procedures
• Working knowledge of various accounting software like Oracle, Sage Acc-pack, Venous
• In-depth understanding of month-end account closing, including preparation of financial statements, verifying journal entries, and identifying discrepancies in entries
• Handling Petty Cash
• Managed and supported junior accountants and provided them with accounting advice
• Prepared the financial statement and balance sheet variance analysis and performed a monthly review with the CFO, including monthly internal balance sheet and income statements to provide accurate and timely information to the senior management, and external auditors
• Prepared all necessary journal entries to calculate monthly and final closeouts of accounting periods
• Preparing financial statements, managing accounting transactions, reviewing general ledger functions, and administering strict timeline for tasks
• Performing reconciliations of accounting ledgers as well as preparation of bank reconciliations
• Guiding accounting staff by coordinating activities, answering questions, and resolving discrepancies for critical issues
• Holding monthly departmental meetings with the accounting staff to ensure open communication, and addressing issues faced by the team
• Supervising daily accounting operations, including account payable, account receivable, deposits, and wire transfers, and checking bank statement
• Reforming and interpreting the trail balances of Zakat and Income
• Prepare and oversee all VAT work, including VAT forms and responded to inquiries related to Zakat and Income authority as needed
• Preparing Payrolls and Wages, prepared monthly payroll, posted to GL and reconciled the payroll accounts to GL
• Reconciliation of accounts between sister companies, including United States, United Arab Emirates, Oman, Qatar, Kuwait, and Joran
• Process, review, monitor, and retain accounting transactions to ensure accuracy, completeness, timeliness, and conformance to governing regulation and policy. Ensure proper documentation is maintained
• Coordinate all accounting activities to ensure the smooth running of the business activities for Turner
• Process advance payments and later balance payment to suppliers
• Reporting management:
- Disclose Lists of the Balance Sheet Provisions and Depreciation of Fixed Assets and Advance Payments and Accounts Receivables
- Department of Zakat and Income and Legal References
- Final Accounts and Statements of Income and Balance Sheet
- Cash flow movement
• Develop and maintain systems for prompt and accurate collection of financial and accounting information
• Prepare monthly and quarterly financial statement in compliance with the statutory/regulatory norms
• Ensure all Revenue and expenses are properly accounted
• Analyze discrepancies and resolve queries pertaining to the reports prepared
• Manage payables and receivables for all the concepts
• Supervise Banking transactions
• Finalize the operational, seasonal, buying budgets with the various management teams
• Assist in budget preparation/financial projections including cash flow statements
• Generate monthly MIS and interpret data to suggest ways of cost optimization and store performance improvement
• Monitor the income and expenses versus budget, track the variances, recommend corrective actions and follow-up
on remedial actions to ensure the adherence to the budget and to support the effective monitoring of performance
within the budget
• Train and educate the team members about errors / new system developments
• Administration of accounts payable, and resolve AP problems with vendors and customers
• Handled daily AP processes, managed vendors/supplier relations and oversaw the timely, accurate processing of
invoices, purchase orders, credit memos and payment transactions
• Addressed issues from employees and vendors regarding accounts payables and ensuring accurate and compliant AP
files and records in accordance with company policies and government regulations
• Maintained and managed vendors account by reconciling monthly and annual statements and related transactions
• Resolved any issues rising from the reconciliation
• Audit, process and pay vendor invoices in an accurate and timely manner
• Reconcile invoices to purchase orders and bill customers
• Collect, categorize, calculate, verify and enter data to maintain accurate records
• Ensuring that all checks are received and distributed appropriately and on time at the proper locations
• Preparing and maintaining the monthly list of manual checks, terminations and adjustment transactions with
supporting documentation
• Participating in any variety of meetings and work groups to integrate activities, communicate issues, obtain
approvals, resolve problems and maintain a specified level of knowledge pertaining to new developments,
requirements, policies, and regulatory guidelines
• Providing administrative support including the preparation of spreadsheets
• Verified the accuracy of invoices and other accounting documents or records
• Reconcile inventory, compare the inventory counts in the company's records to the actual amounts on the
warehouse shelves, figure out why there are differences between the two amounts, and adjust the records to reflect
this analysis
• Reconciling of the Accounts Receivable Aging Report to the General Ledger as part of closing and reconciling the
accounting period
• Training new hires on how to process the daily tasks
• Analyze customer accounts to determine whether it is considered delinquent
• Reviewed information given by clients of customers with overdue accounts
• Prepare and send notifications of payments past due
• Assist customers in finding a way to meet financial obligations without getting further behind
• Place phones calls to customers to remind them of payments and account balance and to collect past due payments
• Prepare delinquent account reports for management
• Negotiates and makes decisions to buy. Negotiated attractive purchasing terms for products from suppliers that
helped reduce costs
• Oversaw the product selection process from a vendor and ensured items met company quality standards
• Ensured that product orders were accurate in item choices, quantity, shipping method and other aspects according
to company records
• Responsible for Supplier Relationship Management
• Performs data entry daily
Professional Developmen