Senior accountant
Gulf Glass Manufacturing Co.
Total years of experience :18 years, 1 Months
• Making all the accounting entries related to all balance sheet and income statement accounts
• Participate in the processing of balance sheets, income statements and other financial statements
• Following the general ledger in conformity with the local and IFRS standards
• Perform daily bank transactions, recording, reports and overseeing balances in outgoing and incoming funds.
• Involving in the month closing by making all the necessary closing entries and organizing month-closing activities properly
• Provide guidance to other Accountants when needed.
• Supervision of entries of all the invoices related to the goods suppliers based on the purchase orders created by supply chain
• Lead Physical Inventory Counting committee and do the required adjusting entries
• Review and update costs (COGS, overheads) to identify variances.
• Assist in the development of budget forecasts, perform variance analysis to compare budgeted figures to forecast and ensure accurate forecasting is achieved.
• Follow all relevant departmental policies, processes, standards, and instructions so that work is carried out in a controlled and consistent manner.
• Assist in auditing activities by providing necessary information and preparing requested documentations.
• Preparation and analysis of the periodic management reporting of financial results
• Local Payable, Foreign payable, Staff loan (Payables management)
• Posting invoices to purchase orders and reconcile vendor accounts
• Planning, Studying, and collecting data to determine costs of business activity such as raw material purchases, inventory and labour.
• Analyse manufacturing costs and prepare regular reports comparing standard costs to actual production costs.
• Make estimates of new and proposed product costs.
• Provide management with reports that specify and compare factors that affect prices and profitability of products or services.
• Analysing changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost
• Conduct physical inventories and monitor the cycle count program
• Post and process journal entries to ensure all business transactions are recorded
• Update accounts payable and perform reconciliations
• Complete general ledger transaction
• Update financial data in databases to ensure that information will be accurate and immediately available when needed
• Prepare and submit weekly/monthly reports
