Accounting Manager
Glocalization Systems Limited
مجموع سنوات الخبرة :9 years, 3 أشهر
Successfully managing the monthly financial close process, including ensuring all costs incurred are properly recorded, reviewing journal entries, account balance reconciliations and
report preparation.
- Effectively participating in the ongoing
development/establishment of accounting policies and procedures and operational strategies including the review and implementation of process and system changes.
- Continued focus on improving system efficiencies and business practices.
- Participating in strategic financial projects including upgrades/implementation of ERP software.
- Ensuring compliance with internal control policies.
- Collaborating with external auditors to ensure successful audit results and compliance.
- Interacting at all levels and with budget owners or other stakeholders to produce timely, efficient and accurate month-end close and all internal management and financial reporting through annual report.
- Responsible for hierarchy and scalability in chart of accounts and accuracy in the general ledger and financial statements and has ultimate authority over classification and booking of all transactions.
- Effectively analysing the effect of statutory accounting practices and studies regulations and guidance to ensure correct application of Generally Accepted Accounting Principles.
- Making recommendations for changes as needed and ensure that company policies and procedures are followed and establishes the proper techniques to discover and prevent fraud.
- Accurately preparing detailed journal entries and account analyses.
- Assist with compilation of information for preparation of tax returns.
- Work with other finance wings to improve overall coordination of all financial accounting activities through annual report.
- Preparing summary feedback of financial statements variances to budget.
- Actively review and advise on financial/accounting processes.
Prepare, examine, and analyze accounting records, financial statements, and other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
Report to management regarding the finances of establishment.
Establish tables of accounts, and assign entries to proper accounts.
Develop, implement, modify, and document record keeping and accounting systems.
Prepare forms and manuals for accounting and bookkeeping personnel, and direct their work activities.
Investigate errors and misstatements and other complex financial transactions and prepare reports summarizing the findings.
Account Payable Responsibilities:
• Reviewing vendor invoices as well as check requests: sort, organized and match bills and check demands.
• Entering and uploading invoices into system, tracking and processing expenses and expense reports.
• Preparation and processing of electronic transfers and payments.
• Ensuring timely payments of vendor invoices and expense vouchers.
• Maintaining accurate records and control reports. Reviewed accounting reports and AP register in accounting package to ensure accuracy.
• Post transactions to journals, ledgers and other records.
• Reconciliation of accounts payable transactions
• Set Invoices for payment procedure.
• Put together and accounts payable checks, wire exchanges.
• Reconciled bank statements, credit card and deposits.
• Prepared analysis associated with accounts.
• Produced month-to-month reports.
Account Receivable Responsibilities:
• Establish and maintain customer files.
• Process and mail daily, monthly, quarterly, and annual customer invoices.
• Apply daily cash receipts and balance cash receipts report.
• Ensure system data input is complete and accurate.
• Research and resolve customer billing issues and payment discrepancies.
• Prepare and enter monthly and routine journal entries.
• Follow up on outstanding accounts.
• Prepare bank reconciliations.
• Devising and maintaining office systems.
• Maintaining office decorum and discipline.
• Managing and maintaining budgets, as well as invoicing.
• Liaising with staff in other departments and with external contacts.
• Organizing and storing paperwork, documents and computer-based information.
• Supervising staff and delegating work as required.
• Maintaining statistical data.
• Reviewing and consolidating budgetary estimates along with their comparisons with actual expenditures.
• Allocating budget to underlying regions/ GMs (zone) and budgetary analysis based on various parameters.
• Sending to HQs the details of budget allocation to Sub-Top Fund Centers (STFC) for uploading in budget Module.
• Reviewing the budget expenses of fund centers (FCs) and advising HQs/STFCs for inter-transfer of budget for proper/timely utilization.
• Controlling and monitoring zone’s expenditure against allocated budgets to ensure the costs are kept within acceptable limits.
• Financial data preparation for Budget.
• Preparation of financial reports for senior management.
• Monthly profitability analysis.
• Budget uploading, analysis, and allocation in SAP FICO (budgeting module).
• Opex analysis and optimization.
• Rental budget analysis and control.
Payment Function
• Preparation of Financial Reports for Head Office/Senior Management.
• Pre-Audit of all invoices before payment with respect to company policies & agreements with vendors.
• Preparation of bank reconciliation.
• Analysis of various reports i.e. (vehicle/generators fuel consumption & electricity consumption)
• Analysis of monthly accrual and its adjustment/payments.
• Handling of vouchers i-e parking, posting and payments in SAP FICO (Accounts Payable) module.
Revenue Function
• Daily analysis of Customer base and preparation of reports.
• Preparation of report on new DSL/PSTN connections/customers..
• Preparation of daily report on DSL/PSTN connections/customers included in TOS (Temporary Out of Service) list and POS (Permanently Out of Service) list using BNCC (online company Revenue management System portal).
• Overseeing Cash Collection.
• Receivables management.
• Aged debtor analysis and follow-up.
• Overseeing and Maintaining daily ledgers.
Budgeted and actual Operating Expenses reconciliation.
Regional Budget Input Form Data reconciliation with Central Allocated Budget.
Financial data preparation for Budget.
Analysis of variance reports.
Capital Investment proposal working-Applied different investment appraisal techniques like NPV, IRR & Payback period
A grade in: Business Quantitative Techniques Cost & Managerial Accounting Corporate Law Human Resource Management International Business Analysis Corporate Finance Financial Risk Management Portfolio Analysis Management
11 out of 13 examinations passed.
Graduated with BSc(Hons.) Applied Accounting
Bachelors Degree in Commerce. Grade A in Cost accounting and Business maths & statistics.
