Chief Accountant
AUTO MILLENNIUM GROUP
Total years of experience :15 years, 1 Months
• Worked as a Project Supervisor in successful implementation of Microsoft Dynamics GP ERP software (with Finance Module, GL - designing the Chart of Accounts, Cost Centers, Accounts Receivable, Accounts Payable Module, Asset Management Module. Inventory and Human Resource Management Module.
• Oversees the daily accounting activities required to maintain the general ledger - Including, but not limited to, cash reconciliations, check runs, accounts receivable transactions, fixed asset activity, payroll, accounts payable transactions, debt activity, recording of revenue and expenses, etc. Maintains organized set of detailed records and files to document financial transactions. Reviews general ledger on a monthly basis to ensure accuracy of posting. Produces financial reports involving the Group's accounts for monthly management meetings. Coordinates monthly, quarterly, and annual closing activities. Produces weekly, monthly and annual financial statements and ad hoc financial reports. Makes and implements recommendations to improve accounting processes and procedures. Performs other duties as assigned or required.
• MIS reporting to CEO for Funds Positions, Financial Performance and Financial Positions, Analysis of Expenses and Incomes of all the companies under the group.
• Managing bank relationships including banking activities reporting (includes analyzing bank balances and service fees)
• Overseeing the imports, preparing the supporting documentations and meanwhile managing the bank facility.
• Support tactical claims and tactical process from all dealers and preparing ad hoc analyses for Sales and Controlling.
• Preparing budgets and Flash Report and examining budgets estimates for completeness, accuracy and conformance with procedures and regulations to provide a roadmap for business operations.
• Maintained a documented system of accounting policies and procedures
• Prepare variance analysis and supporting schedules on affected accounts
• Assist with the month-end treasuring reporting process by preparing monthly journal entries to close affected accounts
• Perform reconciliations of Balance Sheet accounts affecting the treasury system such as cash, cash equivalents, investments, debt, and sales (account reconciliation);
• Responsible for daily cash management, cash flow management; assist in providing credit risk analysis
• Managing bank relationships including banking activities reporting (includes analyzing bank balances and service fees)
• Prepare and reconcile debt schedules to B/S
• Prepare variance analysis and supporting schedules on affected accounts
• Communications with banks and management
• Perform special projects as needed.
Statutory Audit
• Planning, execution and completion of various audit assignments that included responsibilities for conducting preliminary review of financial statements, drafting of audit programs, supervision and review of team members’ work as well as establishing and strengthening of cordial relationship through liaison at various levels of client personnel including top management.
• Preparation, examination, analysis and review of financial statements and accounting systems for the purpose of forming audit opinion as per statutory and professional requirements of local, public sector and multinational organizations.
• Carried out limited reviews of half yearly financial statements as per statutory and professional requirements.
Bookkeeping
• Maintains and updates accounting records by performing duties such as recording and posting transactions in journals and the general ledger for accounts payable, accounts receivable and payroll.
• Maintains bank account records; reconciles bank accounts and balances cheque books.
• Dealing all the tax matters especially sales tax.
• Prepares various accounting summaries and reports of interest to management.
• Responds to inquiries and requests regarding payroll, benefits and other bookkeeping duties. Follows up to resolve errors and discrepancies in accordance with established procedures.
• Assists the accountant or financial manager in the preparation for audit and the production of financial statements, budgets and other financial reports by performing such duties as providing related documentation, preparing various accounting summaries and reports, and compiling statistics.
Management Audits
• Finalization of reports on performance of agreed upon procedures in order to provide assurance on the reliability and accuracy of financial and non- financial information.
Special assignments
• Review of internal control procedures to ensure adherence to management policies and control requirements and to suggest improvements therein.
• Involved in the review and preparation of annual budget of a local authority.
• Design & Implement Internal Control System, at different levels in different organizations.
• Develop & Implement Enterprise Resource Planning (ERP) in different organizations at different levels.