Senior Accountant
American Life insurance Company
Total years of experience :34 years, 0 Months
• I have worked on all assignments of Accounts department and had Cheques Signing Authority besides following assignments:-
o Management Reporting of Various Products, Weekly Cash Reports, Agency Costing.
o Control - Claims Reserves/Payable, Reinsurance and Pension.
o Disbursements - Salaries, Commissions, Claims Pension & Investments of Funds.
o Other Direct and Operating Costs - Projections and Variance Analysis.
o Collections - Policy Premiums, Pension Premiums, Investments Funds.
o Reconciliations- UAE and Other Territories Banks, Reinsurance, Non Cash items, Foreign Exchange.
o Auditing - All Agencies of ALICO.(Dubai, Sharjah & Abu-Dhabi)
o Budgeting - Operating, Direct Expenses, and Revenues.
o Tax & Financial Returns - Bahrain and Qatar.
o Statistical Reports as per requirement of respective Governments of Bahrain & Qatar.
o Worked in IT Department for 5 years on AS/400 ( Accounting IV & OLAS)
o Review - Claims, Daily Cash Collection /Disbursement Reports and approval.
o Misc. Assignments as per requirement of Home Office (USA) and the Management.
o SUPERVISE - Group activities, Work Assignment, Recommend Changes in procedures and improvement, Set Goals & Objectives, Review Personal Performance.
o Cost Control - Payroll, Invoices & Contracts Processing, Cost Analysis (Capital Projects & Operating Expenses, Quarterly Project Status Reports, Comparison of Expense vs. Budget, Prepare AFE’s for Capital Projects, and Provide Assistance to Engineers (Engineering & Construction, Production & Marine Departments) in procurement of materials.
o Expenditure Forecast of Capital Projects, Operating Expenditure and Long Range Programmes, Cash Report.
GPA 3.5