Senior accounting manager
Ajlan & bros Holding Group
Total years of experience :16 years, 8 Months
Prepares and records asset, liability, revenue, and expenses entries by compiling and analyzing account information.
Maintains and balances subsidiary accounts by verifying, allocating, posting, reconciling transactions; resolving discrepancies.
Maintains general ledger by transferring subsidiary accounts; preparing a trial balance; reconciling entries.
Summarizes financial status by collecting information, preparing balance sheet, profit and loss, and other statements.
Produces payroll by initiating computer processing; printing checks, verifying finished product. Completes external audit by
analyzing and scheduling general ledger accounts; providing information for auditors.
Avoids legal challenges by complying with legal requirements.
Secures financial information by completing database backups.
Protects organization's value by keeping information confidential.
Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal
networks; participating in professional organizations.
Compare and evaluate offers from suppliers
Negotiate contract terms of agreement and pricing
Track orders and ensure timely delivery
Review quality of purchased products
Enter order details (e.g. vendors, quantities, prices) into internal databases
Maintain updated records of purchased products, delivery information and invoices
Prepare reports on purchases, including cost analyses
Monitor stock levels and place orders as needed
Coordinate with warehouse staff to ensure proper storage
Managing daily cash balances and trading in the financial markets;
Ensuring that a company's cash flow is adequate to allow it to operate effectively;
Forecasting cash payments and anticipating challenges arising from limited cash flow;
Undertaking risk management activities to protect a company's financial well-being;
Analyzing the impact of financial markets on the performance of products or services;
Making decisions on company finances, for example, the funding of company operations;
Progressing specific financial projects, such as acquisition of another business;
Evaluating the financial impact of new business ventures;
Negotiating loan or overdraft terms with company bankers;
Creating solutions to new financial challenges by applying financial or treasury knowledge;
Liaising with other departments, such as tax and accountancy, on a range of issues;
Providing advice on financial matters impacting on the company as a whole;
Taking responsibility for, and supervising the work of, more junior members of staff;
Liaising with bankers and investors and maintaining positive working relationships;
Job Description
Sales Manager
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Keeping up to date with financial and industry developments;
Gather information on hours worked for each employee
Calculate the correct amount incorporating overtime, deductions, bonuses etc. with assistance of a computer system
Receive approval from upper management for payments when needed
Prepare and execute pay orders through an electronic system or distribute paychecks
Administer statements of payment to personnel either electronically or on paper
Process taxes and payment of employee benefits
Keep track of hour rates, wages, compensation benefit rates, new hire information etc.
Address issues and questions regarding payroll from employees and superiors
knowledge in payroll, benefits and related tax compliance and general HR administration support.
Prepare reports for upper management, finance department etc.
Working as Acting Financial controller for Ajlan Group of companies
Job Title: Chief Accountant
ZMR Roles & Responsibilities
Managing finance department
Arranging loans and L/C, Preparing Periodical Budgets, Project Allocation and Cost Control
G&A Overheads Control, Fixed Assets & Monthly Depreciations, Payroll Process & WPS file upload to Bank
Employees Personal Accounts Job Costing Analysis Responsible Preparing financial reports for monthly / quarterly / annual closure schedules; providing monthly financial statements; Cooperation with external auditors to carry out annual external auditing
Vat Treatments As per GAZT, reviewing on daily basis & Filing to GAZT on monthly basis
1. Trial Balance (Account Reconciliation) monthly.
2. Fixed Assets & Monthly Depreciations.
3. Weekly & Monthly Bank reconciliation.
4. Monthly Provision Transaction Recording.
5. Recording Bill of Entries for importing goods at customs on a daily basis
6. Purchase Order Convert to Bill on daily basis.
7. Following accounts receivables weekly.
8. Preparing Payroll & recording on monthly basis (with necessary deduction of employee’s loan & addition of employee’s expenses).
9. Preparing financial reports for monthly / quarterly / annual closure schedules; providing monthly financial statements; Cooperation with external auditors to carry out annual external auditing.
10. Administered the monthly closing process.
11. Supervision the day-to-day operation of the accounting
12. Maintaining general ledger accounts by creating journal entries
13. Managed supplier payments and reconciled the outstanding payments with invoices
14. Vat Treatments As per GAZT, reviewing on daily basis & Filing to GAZT Quarterly
15. Making Vat adjustments for client manual invoices as per GAZT LAW
Input Vat & Out Vat reconciliation monthly.
16. Maintaining a computerized and manual accounting function, ensured the Journal vouchers.
17. LC (Import foreign LC & Export LC)
18. Working on Credit facility with Bank & follow up
19. Payments made follow-up with vendors, negotiating on payment terms
20. Other financial management duties assigned by the Finance controller Managing Director.
21. Vendors & Customers Accounts reconciliation.
22. Review monthly petty cash expenses.
23. Coordinate with other departments for any financial matters required
Steering the overall accounting operations and audit for the organization including collections, purchase, contract compliance, receivables, deposits, disbursements, payroll, fixed assets and inventory
Planning & executing monthly / quarterly / annual closure schedules; providing monthly financial statements;
administered the monthly closing process
Maintaining general ledger accounts by creating journal entries; reconciling bank accounts, preparing monthly accruals, salary statements & entries and analyzing & reconciling account ledgers
Processing the daily invoicing for accounts receivable and monthly statements as well as updating customer
payments; reconciling the financial discrepancies by collecting and analysing account information
Preparing financial reports, charts, tables, journal voucher lists, comparative statements, and MIS reports as requested as well as day-to-day general ledger accounting and reconciliation, financial reporting & analysis, variance analysis for assigned functional areas
Administering the preparation of monthly profit & loss statements, balance sheet statements, cash flow statements, trial balances, Audit Reports and other financial statements in accordance with GAAP regulations
Ensuring reclassification and accounting of wrong or unaccounted entries prior to closure of the General Ledger
Presenting weekly and monthly management reports on cost and benefit analysis, productivity analysis, inventory turnover analysis and cost variance analysis; preparing banking reconciliation reports on a monthly basis and resolving discrepancies
Controlling & maintaining fixed assets; streamlining reports and entries, filing returns for fixed assets, undertaking physical verification of assets and ensuring that all assets are insured at the correct value
Monitoring the payroll check and monthly wage process and validating additions and deductions for each employee;
transferring the funds to all employee bank accounts in accordance with the payroll deadlines
Prepare Project & Actual Cash Flow Statements
Reviewing all project petty cash statement.
Prepare payroll for large number of employee with necessary deductions and increments.
Handling supplier payments Reconcile outstanding payments with invoices
Create project ACCOUNTS in the accounting system
Maintain project-related records, including contracts and change orders
Authorize access to project accounts
Authorize the transfer of expenses into and out of project-related accounts
Review and approve SUPPLIER invoices related to a project
Review and approve time sheets for work related to a project
Review and approve overhead charges to be applied to a project
Review account totals related to project assets and expenses
Investigate project variances and submit variance reports to management
Confer with receivables staff regarding unpaid contract billings
Report on project profitability to management
Report to management regarding the remaining funding available for projects
Close out project ACCOUNTS upon project completion
Compile information for internal and external auditors, as required
Senior Accountant (Finance Dep)
Preparing a trail balance statements
Preparation of cash position of company on daily basis
Preparation all payments & receivables
Prepare Projected & Actual Cash Flow Statements
Reviewing all project petty cash statement
Preparing fixed assets sheet & depreciation for all projects
Preparing supplier retention & sub-contractor retention.
Bank reconciliation
Preparing PO LOGS for All suppliers.
Prepare the commercial invoices
Handling all deliveries
Preparing the Delivery Notes
Preparing the proforma invoices
Handling Warranties Claims
Maintaining a computerized and manual accounting
Preparation of BRS statements
Preparation of Journal vouchers
Preparing all ledger Accounts
Preparing a trail balance statements
Journalizing all business transactions in to accounting software’s
Preparation of profit and loss account, balance sheet
Preparing a final statement and adjustments
Direct contact with banks and clients
Bills Receivable and Payable and also preparation of Debit Notes.
Preparation of vouchers and handling of petty cash book.
General Reconciliation Services.
Preparation of Monthly Sales Tax Return and other statutory returns.
Preparation of monthly Stock Statement
Accountant & Auditor. During my practice I had performed various auditing & accounting procedures:
Assisted with payroll, tax, and account processing.
Examined journal vouchers, general ledger reconciliations, P&L variance analysis, inter-company accounts and aging.
Developing a risk based audit approach and departmental-wide budget control system.
Prepare the commercial invoices
Handling all deliveries, Preparing the Delivery Notes
Preparing the proforma invoices, Handling Warranties Claims
Maintaining a computerized and manual accounting, Journal vouchers & Preparing all ledger Accounts
Preparation of BRS statements
Journalizing all business transactions in to accounting software’s
Bills Receivable and Payable and also preparation of Debit Notes.
Preparation of vouchers and handling of petty cash book.
Preparation of Monthly Sales Tax Return and other statutory returns.
Preparation of monthly Stock Statement.
Master of business Administration in finance
Bcom