Accountant
Arabian Food Supplies
Total years of experience :11 years, 4 Months
* Preparing monthly and annual Financial Reports for the catering division of AFS.
* Preparing project-wise region wise and consolidated financial reports for the catering Division.
* Maintaining prepaid Assets, accrued Revenues, and accrued expenses schedules.
* Maintaining Fixed Assets Schedules and calculating monthly depreciation.
* Reviewing and posting project-wise COGS for all catering projects.
* Preparation of customer Account, and Aging Schedule.
* Preparation of inter-company ledgers and their reconciliation.
* Maintaining proper Financial reports, TB, and schedules as per Ernst & Young Audit Standards.
* Controlling petty cash reimbursements for project accountant and processing payments for all catering projects.
* Overseeing Project Accounts and summarizing and interpreting GL accounts for the Catering Division of AFS.
* Preparation of Bank Reconciliation Statement.
* Working as an internal auditor for annual inventory audit.
* Preparation of yearly financial statements including supporting schedules.
* Preparation bank reconciliation statement.
* Preparation of customers and suppliers' accounts with supported aging schedules.
* Preparation of complete record of material used for production.
* Preparation of Estimated Manufacturing CostReport.
* Preparation of the cost of the raw material of each batch. Producing one batch includes base oil, additives, packing material, and supply chain expenses.
* Preparation of Variance report of the actual and estimated cost of each batch.
* Manage physical inventories in finished goods, packing material, and additives warehouses frequently.
* Reconcile finish goods stock available in warehouses, with total production and stock delivered.
* Preparation of Purchase inquiries of raw material as the stock reaches to minimum stock level.
* Conduct a semi-annual internal audit of each warehouse.
Preparation of monthly profit and loss account.
Preparation of Bank Reconciliation Statement.
Preparation of quotations and invoices.
Preparation of Customers and suppliers accounts along.
Maintaining proper employee’s record.
Preparation of salaries of almost 1000 employees, along with other benefits like Gosi, indemnity, housing, transportation food, and overtime. Except for that managing salaries paid to employees.
Handling cash receipts and supplier payments.
Maintain proper petty Cash records.