senior accountant
Ebrahim Khalil Kanoo Group Of Companies
Total years of experience :12 years, 1 Months
Oversee and manage day-to-day accounting activities, including general ledger, account receivables, accounts payables
Ensure and manage timely and accurate monthly GL close process
Ensure and manage monthly and annual closing of books of accounts, ensuring accuracy, timeliness, and compliance.
Preparation of various Reconciliations - cash, bank, sub-ledgers, inter-company & other GL accounts and follow up for resolving and outstanding issues.
Prepare timely regular and ad-hoc reports and analyses to support various management decisions
Monitoring Intercompany and Interdivision transactions, analysis the movements and issues, coordinate with the divisions, identify & follow up and resolve the issues.
Supervise and mentor accounting staff (including HO & divisions), providing training and support to ensure the team is operating at maximum efficiency.
Monitor the flow of divisional petty cash funds, timely liquidations thereof and ensure the availability of funds
Part of FS team & preparation of financial statements and finalization of inter company’s and manage external auditors
Provide support on new financial project implementation and automation process.
Ensure that necessary internal financial controls are in place.
Key Result Areas :
Maintain the books of accounts, review and monitor the works of junior staff and people management.
General Ledger- review, process all month close entries
Accounts Payable- Check and Verify all purchase related transaction such billing, entries, cheque processing and so on.
Accounts Receivables- Check and Verify the sales related transactions, reconciliation with banks and take remedial action issues if any.
Reports- Weekly sales analysis report, Reconciliations reports, Statement of financial positions and so on.
Payroll management- Review the payroll accounting and approve monthly payroll.
Assist and guide if any problems relating to accounts and operations, attending meeting to resolve issues if any.
Responsible for creating and updating accounting, finance, and management policies and procedures
Improved the effectiveness and efficiency of internal control mechanisms
Key Result Areas :
Ensured the accuracy and timeliness of accounting transaction and financial reporting
Identified and troubleshot questionable A/P issues and conducted investigations as needed.
Supervised junior staffs and guide them to improve their responsibilities and accuracy.
Prepared and interpreted financial statements including balance sheet, income statement and Cash flow statement
Responsible for creating and updating accounting, finance, and management policies and procedures
Identified control weaknesses on current accounting procedures and internal control over the financial reporting and made recommendations to improve accuracy of financial tracking and reporting
Key Result Areas :
Accounts Receivables-AR accounting, invoice processing &share to the customers, Review Aging and AR reconciliations
Accounts Payables, AP Aging vs. AP ledger Reconciliation
General Ledgers- Process daily transactions, Month close journal entries, Payroll accounting and so on
Weekly reporting - Weekly Cash forecast, Weekly Credit card expense reporting, Weekly AR billing reports
Monthly Reporting - Financials, Balance sheet, profit and loss accounts, cash flows statements etc along with comparisons
Reconciliations- Bank Reconciliations, Balance sheet Reconciliations etc.
Key Result Areas :
Handled General Accounting up-to Finalization, Branch accounting, AP, AR and reconciliations etc. for client companies
Responsible for preparation and reporting of monthly and yearly financials and cash flows reporting for clients.
Analysed financial statements and reports and provided financial advice to stakeholders and management.
Trained and supervised junior accountants and article assistants, examining the records prepared by them
Payroll processing, Maintenance and Monitoring the related activities.
FA - maintenance of Fixed Asset Register and conducted Fixed Asset Verification for clients.
Handled Tax compliances, including Indian Income tax and VAT laws
Handled internal audits, external audits and other assurance engagements for clients
VAT, Service Tax, TDS and related matters, such as Preparation of statements, returns preparation, submission and e-filing, review and verification of statutory compliance and so on
Key Result Areas :
Responsible for handling entire accounting functions such as, preparation of books of accounts, various reconciliations
Data entry work for different kind of enterprises and finalized the same in the point of Income Tax Act.
Handled Statutory Audits and Internal Audits for the enterprises, medium & small companies.
Assisted in the process preparation of financial statements such as balance sheet, income statement, and other financial information in accordance with the legal and regulatory framework applicable as per Indian GAAP.
Preparation of Income Tax return, VAT return, Service Tax return and submit the same in respective department portal.
Expertise in Audit planning and audit programmes including assessment of audit risk areas and performing the audit procedures as per generally accepted auditing principles.
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