Senior Accountant
Ares Security Vehicles LLC
Total years of experience :9 years, 1 Months
Responsible for timely accurate completion and management of accounting operations up to finalization.
Liaise with external auditors on annual audits, statutory reporting, and other local compliance works.
Management reporting, monthly, and quarterly MIS preparation and analysis.
Responsible for accounts reconciliation including Bank Reconciliation, Intercompany Reconciliation, Supplier and Customer Reconciliation, and booking journal entries during month-end closing.
Management of Accounts Receivable and Accounts Payable.
Management of Cash flow and fund flow.
Summarizes current financial status by collecting information; and preparing Balance Sheet, Profit and Loss statement, and other reports.
Plan, assign and review staff’s work, Guides accounting assistants and bookkeepers by coordinating activities and answering questions.
Assisting in financial audits and the closure of Accounts.
Handle all the VAT accounting, record keeping, monthly returns, and monthly reports in line with applicable UAE VAT laws.
Reconciles financial discrepancies by collecting and analysing account information.
Handling of Payroll and End of Service Benefits Calculation.
Accountable for all accounting works from preparation to finalization.
Preparation of Payroll, monthly bank reconciliation statement, cash flow statement, trial balance, month-end closing entries, and financial statements.
Summarizes current financial status by collecting information; and preparing balance sheet, profit and loss statement.
Substantiates financial transactions by auditing documents and other reports.
Maintains financial security by following internal controls.
Prepares payments by verifying documentation and requesting disbursements.
Verify, allocate, post, and reconcile accounts payable and receivable.
Assist with tax audits and tax returns.
Manage & plan financial & accounting activities of the company; meet deadlines & follow up on financial activities.
Supervise & coordinate all accounting activities for the company.
Credit Control and Receivables follow-up.
To ensure the invoice details are obtained for the payments collected from clients and proper allocations are done.
To Maintain Vendor /Supplier accounts in the system.
Regular reconciliations of vendors/Suppliers are done before releasing the payments.
To monitor & ensure the renewal of Office Rent/Bank Guarantees/Trade Licenses/Office, Staff Medical & Vehicle Insurances are done before the expiry date.
To monitor and ensure all the Incomes/expenses are booked and related provisions are made on a monthly basis.
Monitoring petty cash expenses on daily basis.
Monthly General Ledger scrutiny and Preparation of Age wise report.
Monthly Reconciliation of Bank, Credit Card Transactions.
Preparation of Monthly MIS Profit & Loss account and Balance Sheet and related schedules.
Supervising group company and branch office accounts including passing of required JV’s.
To coordinate & satisfy Internal & External Auditors and submission of required data.
Annual Finalization of accounts and related schedules.
Handle all the VAT accounting, record keeping, monthly returns and monthly reports in line with applicable UAE VAT laws.
Periodical review of client profiles and ensure the renewed documents are replaced & filed in the individual client profiles Viz. Trade License, Authorized signatories, etc.
Preparation of Employee year-end benefits and provisions& Annual Budgets.
Maintaining Client’s Books of Accounts in manual & Computer Accounting Software
Verify and inspect accounts receivable and payable ledgers and general ledger for its accuracy.
Check, inspect and reconcile bank deposits and payments.
Check all accounting and clients databases are updated and functioning properly.