Chief Accountant
United Emirates Real Estate Co LLC
Total des années d'expérience :27 years, 2 Mois
Excellent inter personal and organizational skills.
Oversaw the finance matters pertaining to the company’s property portfolio in the
Middle East, which increased five‐fold.
Completed VAT registration for two of our companies. Have been filing returns
before due dates. Also managed WPS registration for 4 group companies
successfully.
Successfully negotiated multiple corporate loans to procure properties at excellent
interest rates. Successfully managed all repayments as per schedule.
Ensured 100% recovery and hence maintained accounts receivables at nil.
Resolved court cases and reduced litigation to 0.5% of previous cases due to good
rapport with clients
Registered amount of outstanding against cheque bounce cases to nil.
Handled successful reimbursement of medical insurance claims through process
streamlining.
Setup an ERP accounting software based on Visual Basic and SQL server to suit
company needs.
Ensured prompt payment of employee salaries and dues from the day of joining,
through process streamlining, leading to staff contentment and increased
productivity.
Shared an excellent rapport with our external auditors by providing all financial
documents free of misstatements and GAAP compliant (Generally Accepted
Accounting Principles) to get an unqualified audit report.
Enhanced reputation with the banks to ensure no cheques were dishonored,
provided details of company/authorized signatories and maintained sufficient
funds.
Liaised with the marketing department and informed them of any outstanding
amounts due from tenants for prompt recovery to maintain a healthy cash flow.
Key Responsibilities:
Managing all accounting operations including billing, accounts receivable, accounts
payable, general ledger, cost accounting, inventory and fixed assets accounting and
revenue recognition. Handled accounts and procurement.
Managing working capital by ensuring that all suppliers are paid accurately and
timely, all revenue collected within agreed terms and cash positions reflect banking
terms.
Providing timely and accurate financial and business performance reports to the
management to base their decisions on.
Ensuring the accuracy of the financial statements, both actual and budget, tracking
the reasons for variance and implementing control measures to ensure a robust
financial process.
Online on‐time update of tenant’s cheque clearance to process Ejari Contract
Formulating monthly reports of vacant/upcoming/loss of rent properties; helping
the marketing team to decide status of the rent to charge.
Maintaining staff immigration/passport details to ensure renewals are done on time
and protecting company from incurring penalties.
Ensuring the payment certificates of the consultant/contractor/sub‐ contractor
were taken care of on all of the company’s real estate projects
Undertook responsibility for periodical reporting functions, submitted findings to management and arranging funds for daily
operations through prudent supplier and customer payables and receivables management.
Managed petty cash, prepared daily cash flow, and managed the payables ledger.
Handled the upkeep of subcontractor accounts.
Oversaw the preparation of accounts, trial balance, schedule of financial statements and management reports in a computerized
environment.
Involved in annual physical stock taking.
Managed one of the local branches in Ras Al Khaimah.
Day‐to‐day cash handling and petty cash maintenance.
Independent charge of accounting, inventory, cash and bank pertaining to one of the branches in Oman.