Bhaven روباريل

Main Tasks Performed:
(i) Accounts Payable: a) Receive and Clarify, any questionable invoice items, prices or receiving signatures. Ensure completeness of the documents. b) Calculate, post business transactions, process invoices, verify financial data for use in maintaining accounts payable records, and provide other support necessary to pay the obligations of the organization. c) Review Accounts Payable aging, obtain proper information and/or data regarding invoice payments and assemble invoices to be completed for payment. d) Review invoices and requisitions for satisfactory payment approval. e) Reconcile supplier balances periodically. f) Review recurring expenses, calculate and record expense provisions. g) Preparation of reports for Accounts payable, monthly closings and preparation of monthly financial statements. h) Maintain copies of vouchers, invoices or correspondence necessary for files. i) Reviewing Customs Report and reconcile purchases on monthly basis.


(ii) General Ledgers: Checking, verifying and correcting the journal entries, preparing balance sheet schedules. Supporting the senior accountant and financial manager in carrying out their reporting responsibilities.






Other tasks performed (i) Assist Senior Accountant and Finance Manager with the preparation and coordination of the audit process and tax returns to government. (ii) Assist Senior Accountant and Financial Manager in all Budget/ForecastManagement Reporting and controlling activities at the Business Unit. (iii) Actively coordinating and corresponding with the Joint Ventures’ finance team, responsible to ensure accurate balances and eligible for consolidation. (iv) Actively coordinating and corresponding with the Inter-group companies’ finance team, responsible to ensure accurate balances and eligible for consolidation. (v) Supervising cashier and junior accountant/s in their areas of work. (vi) Responsible for training the Interns in accounts department for Accounts payable, General Ledger, Inter Group modules. Review the data entries, validate and post the transactions. (vii) Actively involved in VAT implementation by coordinating, guiding other departments to comply and meet the VAT requirements as per government regulations and VAT law. Further, responsible to provide required reports and workings for monthly VAT returns for Accounts payable area. (VAT law is introduced in Saudi Arabia since Jan-2018).


Special Assignments (i) Key user during ERP implementation: Actively participating in the Key users’ team in order to test, review the outputs, giving feedbacks and observations on the new ERP solutions offered by the consultants, and eventually assist the end users during their end user training. (ii) Key user during VAT implementation: I am a part of the Key users’ team, responsible to test the VAT scripts, review the outputs, giving feedbacks and observation to implement the VAT rules in ERP applied since 2018 in Saudi Arabia. (iii) Support the Senior Accountant and Finance Manager during IKTVA audit performed for Saudi ARAMCO, responsible to prepare workings for audit requirements. (iv) Support the Senior Accountant and Finance Manager during ZAKAT audit, responsible to prepare workings for audit requirements.


Achievements (i) Appreciated for being one of the productive and reliable employee in the accounts staff.

(ii) Appreciated for being pro-active and getting the urgent tasks completed swiftly.

CAPITAL POLES FOR GENERAL CONTRACTING EST. - Interior Div.
Al-Khobar, K.S.A
Accountant - (Feb’2014 till present)
Capital Poles Interiors is a division that is into Design and Executions of commercial interiors. Mainly into Turn Key interior jobs of Showrooms, Offices, Shops, Warehouses etc.
Wherein I am involved for:

Setting up the Books of Accounts:-
As it was a newly set up division, the accounting and book keeping was not yet set up. Random registers were maintained to keep a track on the movement of funds in the company on cash basis.
I joined and then we introduced SMACC accounting system and on basis of the registers plotted the balances as on date and soon started a proper accounting system for that particular division.

Maintaining:-
i) Data Entry and maintaining books of accounts
a. Managing SMACC Computerized accounting software.
b. Accounting Entries for Sales, Purchase, Cash and Bank, Journal Voucher.
c. Office Petty Cash.
d. Bank Reconciliation.
e. Issue of Credit notes and Debit notes.

ii) Accounts Payables
a. Invoice Verifications.
b. Accounting for Sundry Creditors.
c. Other general expenses.
d. Employee expenses.
e. Creditor Ledger Reconciliation.
f. Creditors Balance Confirmations.
g. Maintain Minimum Capital.
h. Maintain Loan accounts, Calculations of Loan Interests, etc.

iii) Accounts Receivables
a. Tracking of daily bank balances.
b. Debtors ageing Report.
c. Debtor Ledger Reconciliation.
d. Interest calculations in case of delay.
e. Costumer Balance confirmations, etc.


iv) Payroll
a. Working out salary and wages for every month.
b. Reviewing time sheets.

v) Maintain Petty Cash
a. Handling daily petty cash
b. Daily physical cash counting.

vi) Finalization and Drafting the Balance Sheet at the year end.

vii) Other Works:
a. Reporting to Managers.
b. Drafting of Purchase orders on basis of quotations.
c. Invoicing, Going through the Third Party Purchase orders/Contracts/Job Orders and draft invoices accordingly.
d. Filing and maintaining all documents.

A.M.GHELANI & CO (CHARTERED ACCOUNTANTS) - MUMBAI - INDIA
4 Years & 10months (May '08 to March '13)

An association with more than 30 years of experience, leading, reputed Professional
Accounting, Auditing & Tax Consulting firms in Mumbai.

Wherein I was involved in the following work:
Statutory audit Basic vouching and verifications of books of accounts, Ledgers
Scrutiny, Thorough check on Statutory dues, Tax and other compliances. Internal
control and check. Finalisation, Balance sheet, Cash flow Statement, Company
Auditors Report Order (CARO) and Tax audit reports (Form 3CA, 3CB, 3CD) in prescribed formats.

Was also a part of Limited Review (applicable to listed companies in India)
quarterly disclosure of Profit and Loss Statements, wherein I gained experience
audit of booking of Expenses and Income, Provisioning of income and expenses etc.


Internal and Management Audit in conjunction with Internal control covering
Procurement, Sales, Banking, Inventory, Production, Personnel, Human Resource,
Investments, Term Loans, Cost and Margin, Sales/Turnover variances, Company
Meetings its minutes book, resolutions, Quarterly Internal audit Report.

Computation and Filing of Tax of Pvt. Ltd. Companies, Partnership Firms,
Proprietors and Individuals. Co-ordination matters pertaining to the Advance Tax,
Filing Income Tax return, Refund of tax appeals etc.

Service Tax audit and VAT (Sales Tax) audit which involves working of Service tax
liability and Input of Service Tax registers and other matters related to service tax and Vat Audit (Form 704) and other matters related to sales tax.

Physical Cash and Stock taking and verification of record register of Manufacturers,
Traders, wholesalers, etc.