Accountant
Itan Jewels DMCC
Total years of experience :6 years, 3 Months
Recordkeeping and timely update the transactions into the Accounting Software
Monitor all vendor payments and Customer invoices
Managed Inventory movements by Coordination with Production & Sales Team
Maintain general ledger accounts and prepare journal entries for Prepaid, accruals and variances
Planning registers for payments & Receipts, maintain liquidity to ensure availability of funds.
Preparing sales report, sales comparison, and category wise sales reports.
Preparing monthly Analysis and Production Cost report.
Handling Dubai Customs procedures for Import, Export & Shipping Documents.
• Responsible for the accounting operations of the company
• Maintaining accounting ledgers by verifying and posting account transactions.
• Handling Petty cash Transactions.
• Follow up approvals and collection of payments and invoice
• Prepare and submit weekly/monthly reports submit to the Manager
• Prepare asset, liability, and capital account entries by compiling and analyzing account information.
• Conduct the month-end and year-end closing process.
• Monthly Sales and Purchase Analysis includes Inventory costing
• Prepare Cash flow Statement & Other required reports
• Preparation of all Quarterly and Annual Financial reports for Management
• Proceed with Monthly TAX reconciliation, recording and ensure that all transaction comply with Federal Tax Authority VAT Law.
• Handles Wholesale & Retail Accounts up to Consolidation of Financial Reports
• Reconciliation of Bank statements, A/P, A/R & inter company accounts
• Coordinates Information for the annual audit & provides assistance to Auditors
• Liaison with different Overseas Customers, Banks & Auditors
• Monitor Accounts Payable for local and international suppliers
• Checking the online banking transactions, analyzing and updating management.
• Handling of payroll and prepare for WPS, staff leave & Gratuity settlement
Handle and file the accountancy related documents, forms and vouchers
•Posting and process entries to ensure all business transactions are recorded.
•Maintaining Accounts book & Assist in the processing of Financial Statement
•Verification of vouchers, bills, day books.
•Assist senior accountants in the preparation of monthly/yearly closings.
•Assist with VAT returns and filing.
•Performed general office duties and administrative tasks.
Educational Background •Bachelor of Business management