Senior Accountant
Zamil Air Conditioners
Total years of experience :12 years, 0 Months
❖ Senior Accountant in Zamil Industrial 01 JUL 2013 - Till Date
Primary responsibilities included
Receivable Responsible: -
• Posted all data /financial transactions into the ERP system on the receipt of the transaction
details/information.
• Coordinated with relevant parties in obtaining the lacking/additional information needed for the
successful posting.
• Closing all financial transactions for the business units (Consumer / U&A/ Coolcare & Zamil Projects)
periodically.
• Carried out the reconciliation of the relevant accounts (e.g. cash, billing banks, etc.) to timely identify
and resolve discrepancies on time resulting in inaccurate information/data.
• Prepared the billing for all cash & credit invoices, debit, and credit notes for the relevant
customers/clients in the respective area.
• Ensure the accuracy of the invoices and billings at all times.
• Coordinated for the delivery of the invoices/notes to the relevant parties to ensure timely
communication for their reference.
• Coordinated with the bill collectors/sales representatives on the collection of receivables.
• Reconcile all collections against receivables records to ensure that the funds obtained have matched
the customer receivables.
• Monitor the receivables collected by the bill collectors/sales representative against the customer
receivables to ensure that all aging receivables are timely taken care of.
• Send statement of accounts to the relevant customers/clients to update them on the receivables/
collection status.
• Implemented stock evaluation and control procedures, with Financial Controller’s supervision and
does a periodic physical count of company stocks to check the accuracy of inventory balances in
General Ledger.
• Analyzes and reconciles balances of pertinent General ledger accounts periodically.
• Aids requirements of internal and external auditors.
• Assists the financial controller as and when required.
Letter of Credit and Bank Guarantee’s: - (Commercial, Revocable, Irrevocable & Advance Payment (Red Clause))
Training in Certificate for Documentary Credit Specialists (CDCS)
• Issues import and export letters of credit and accepts payments: Notifies exporters and importers of
issuance of letters of credit covering shipment of merchandise.
• Issues import and export letters of credit and accepts payments: Notifies exporters and importers of
issuance of letters of credit covering shipment of merchandise.
• Reviews letter of credit documents to determine compliance with international standards.
Verifies terms of credit, such as amount, insurance coverage, and shipping conditions to determine
compliance with established standards.
• Coordinates customer credit information and collateral papers with LOAN OFFICER to comply with
bank credit standards.
• Preparing Invoice & Related certificate as per LC given clause’s letters of credit and related
documents.
• Records payments, liabilities, and other customer account information, using computer.
• May translate correspondence into English or foreign language.
• As terms and condition issuing Bank Guarantee’s for receiving advance payment.
Petty Cash & Float cash: -
• Reviewed all reimbursement requests on the petty cash to ensure all documentation/information
are available.
• Provides the necessary funds to the requestor and ensures the accurate provision.
• Process for the replenishment of the Petty cash through the preparation of reports and submission
to the Finance Head Office for timely processing.
• Ensure the safety of petty cash at all times to prevent its loss due to internal or external threats.
Inventory Quarterly & yearly Closing.
• Obtained the inventory results/reports from the relevant parties for the different warehouse(s) in
the assigned area.
purchases, inventory, and manpower.
• Received finished good transfer order data from Warehouse Clerk and determines the standard cost
of every item on it.
Assisting in monthly accounts closing, including preparation of financial statements, supporting schedules, tax computations, and related matters.
Assisting in daily operations, including consolidating receivables, invoice and payment processing, and data entry into the accounting system.
Ensuring all financial data is timely, accurate, and complete.
Preparing audit schedules and Tax returns for submission.
Performing monthly reconciliation schedules and follow up on outstanding items (e.g. creditors, debtors, bank accounts, intercompany reconciliation, production & logistic, etc.).
Handling statutory audits and ensure compliance with regulatory requirements.
Conducting reviews and evaluations for cost-reduction opportunities.