Chief Accountant
Al Douri Group
Total des années d'expérience :16 years, 9 Mois
+ Preparation of different entities financial statements under the group.
+ Preparation of entities forecasted cash flow statements and group level consolidation.
+ Monitoring the different entities fund requirements and report to the management.
+ Overseeing the month close activicties of the group level entities.
+ Liason with IT consultant for newly implemented ERP requirement and close the finance realated tickets.
+ Verifying and approving the products costing and pricing in the system.
+ Approve the vendor & all other payments of the group.
+ Verifying the monthly VAT Returns and make the payments.
+ Liaison with auditors for the completion of audit with in the targeted time.
+ Preparation of monthly stores wise P&L, comparison with budget and variance report for the management.
+ Preparation of monthly stores KPI and Cash flow.
+ Preparation of daily & weekly sales Report along with budget and LFL growth.
+ Supplier-wise purchase & sales analysis and margin reports.
+ Optimization of stock holding in line with monthly consumption and contol excess working capital requirement and expiry.
+ Preparation of monthly stock ageing and provisioning report.
+ Finalization of accounts for monthly closing of books.
+ Liaison with auditors for the completion of audit with in the targeted time.
+ Looking after insurance requirements under various group policies like PAR, CAR, Business interuption policy, Money policy, Third party liability.
+ Review of internal audit report and identify the MAP based on the business nature.
+ Prepare & analyze monthly insurance rejection MIS and suggest the areas to reduce the rejections.
+ Quarterly companywise insurance reconciliations and report final rejections write-off.
+ Liase with companies for eligible rejected claims payments as per the policy terms and further reduce the final write-off.
+ Prepare and track insurance receivables MIS and follow-up with insurance companies for overdue unprocessed claims.
+ Prepare monthly e-claim submission MIS, report non submissions of claims, wrong submission of claims and avoid revenue loss.
+ Identify & suggest the requirement for newly system reports and liaison with IT to design the report, testing the accuracy and implementation.
+ Review current SOPs, identify the flaws and suggest for effective changes.
+ Review accounting policies followed and implement necessary changes.
+ Finalize the Books of Account and completed the audit for FY 2008 to 2012, complete the back logs and made books uptodate.
+ Reconciled the investors ledgers, eliminates the errors and followup for pending installments.
+ Prepared the projected monthly cash flow and report to the management for working capital requirements.
+ Consolidation the final accounts of the Parent Company and its Subsidiary.
+ Implement the accounting methods, preparation of the books of account in Tally9 Gold for Parent Company and its Subsidiary.
+ Preparation of the staff salary and end of service benefits in co-ordination with HR Department.
+ Liaison with auditors for the completion of audit with in the targeted time.
+ Automated Accounting System & Migrating it into the Tally Gold 9.
+ Completed auditing of past 3 fiscal years and finalized the books of Accounts.
+ Preparation of quarterly Report for RERA and Handling the Escrow Bank Accounts.
+ Preparation of Statement of Accounts of investors and answering investors queries.
+ Bank account reconciliations and suppliers ledger reconciliations.
+ Handling suppliers payments and petty cash.