Accountant
ALAMS GROUP
Total years of experience :20 years, 1 Months
• Prepare financial statements of two whole sale divisions present the same to Management.
• Supervise the whole range of Accounts Payable, Receivable.
• Ensure General Ledger entries are accurate and are in line with Company Procedures & International Accounting Standards.
• Finalize Trial Balance with supporting schedules.
• Monthly Bank Reconciliation Statements of all bank accounts maintained; resolve any differences in a timely manner.
• Supervise daily activities of the three member team - day to day accounting, cash/bank monitoring, bank follow-ups and reconciliation’s.
• Follow up for LC/TR & Local LC for Import / Export business transaction with the Bank.
• Prepare financial statements and debtors’ listings / Check customers’ credit ratings
• Monitor daily sales statements of all outlets.
• Worked under ERP (JD Edwards 9.1) set up - Mainly Banking and Treasury Module, G/L Module, Accounts Payable & Accounts Receivable Module,
• Held Fully Responsible for Monthly Banks Reconciliation, Rectification and Maintain Ledger Balance, Prepare reports like daily bank position, trade facilities, liquidity position and upcoming maturity.
• Monitored and accounted our international business inwards & Outwards transfers.
• Monitored customer account details and identify and investigate non-payments, delayed payments and other irregularities.
• Supervised the activities of finance assistant’s staff to ensure that work is completed on a timely basis and that company policies and procedures are followed.
• Day wise bank entries, Telex Transfer, LC payment and other adjustment Entries in system.
• Control Accounts reconciled and sorting out the discrepancies. Monitored daily bank balances, ensured adequacy of funds in respective accounts.
• Assisted the internal and external auditors in Half Yearly and Annul Audits.
• Corresponded with Bank for Trade Services, related to Collection/ Discounting/ Negotiation of Export Bills.
Held Responsible for Opening / amending letter of Credit for Import, Issuing Demand Drafts, Cheque and arranging Telegraphic Transfers.
• Issued guarantee, bonds, Demand draft, cheques and Telegraphic Transfer.
• Coordinated with bank ensuring the settlement of import LC on Maturity date and follow-up for our LC.
• Participated in Dubai GITEX Shopper event as a Cashier.
• Worked under ERP (JD Edwards) set up - Mainly Fixed Assets Module, G/L Module, and Accounts Payable & Accounts Receivable Module.
• Held Responsible for monthly FA Schedule along with additions, deletions, transfers & Depreciation of 54 business units pertaining to wholesale, retail divisions & supermarkets.
• Held Responsible for monthly distribution of prepaid expenses like Rent, Sponsorship-fees, Trade license & Insurance. Preparations of monthly schedule for Prepaid A/C.
• Assisted Auditors for yearly statutory audit of Fixed Assets, Prepaid a/c & Insurance.
• Accounted yearly insurance policies, made adjustments entries on renewal of policies & cancellation thereof
• Held responsible for Reconciliation of creditors & releasing payments
Master of commerce (M.com)