Accountant
Bin Ham Group
Total years of experience :9 years, 8 Months
• Posting Supplier and Sub Contractor Invoices in the system.
• Preparing Payments.
• Accounts payable Reconciliation.
• Aging Analysis.
• Fuel Allocation of Vehicles and their reallocation to respective projects
• Petty Cash handling of head office and sites.
• Fixed Assets Management.
• Month-end and year-end closing.
• Ad hoc Reports.
• Preparation of monthly payroll / salaries for all company staff and labor through WPS.
• Preparation for bank payment & cash payment for payroll.
• Additions & Deductions + Overtime + Other JV’s adjustments.
• Handling Queries of Employees related to payroll.
• Process of leave salary for employees.
• Timesheet entry & Calculation of amount payment to employees on leave
• Preparation of Clearance form to release employees & process the final Settlements.
• Calculation of Employees termination benefits as per UAE Laws.
• Preparation of project wise & cost code wise monthly salary report.
• Reconciliations of Accounts to make sure all ledger balances are tallied.
• Managing and overseeing the daily operations of the accounting department
• Monitoring and analyzing accounting data and produce financial reports or statements
• Establishing and enforcing proper accounting methods, policies and principles
• Coordinate and complete annual audits
• Assign projects and direct staff to ensure compliance and accuracy
• Meet financial accounting objectives
• Establish and maintain fiscal files and records to document transactions
• Develop and manage annual budgets including preparation of periodic budget forecasts
• Process vendor payments and check requests
Advisory & Value Addition:
• Opinions, interpretation of income tax, sales tax & federal excise duty
• Addressing tax queries
• Advice on taxation & withholding tax provisions applicable on non-residents & permanent establishment of non-resident persons
• Advice on quarterly advance tax payments and preparation of estimates for quarterly advance tax, Deferred Taxation, Tax planning to clients
• Updating and ensuring:
Sale & purchase invoices
Bank payments & receipts
Compliance & Litigations:
• Submission of annual employer statements
• Timely filing of income tax returns and sales tax returns and provincial sales tax returns
• Reconciliation of quarterly withholding tax statements and their filing on due date
• Preparation and verification of appeal documents for submission
• Refund application and follow up of client
• Liaison with tax consultants and devising strategy for tax notices and orders
• Response to notices (FBR, PRA, SRB, BRA & KPRA)
Payroll:
• Payroll preparation and calculations of taxes and ensure deduction of employees’ loans and other recoveries
• Processing of tax adjustments based on employees’ application
• Tax credit & deductible allowances on payroll
Others:
• Sales tax registration
• Income tax registration
• Provident fund registration
• Taxpayers’ registration as exporter
• PSEB registration
• Applying for tax exemption
• Proposals submission
Financial Reporting
• Preparation of budgets and forecasted financial statements
• Preparing aging schedules for AR and AP
• Preparation of financial statements
• Preparation of bank reconciliation
• Preparing PV’s & RV’s
• Debit notes
• Management reports
Auditing
• Conducting internal audits
• On-demand audits
• Compliance audit
• Cost of goods sold statement
• Payroll management
• Preparing financial reports
• Projects wise P&L by using excel
• Invoicing to customers
• Inventory management
• A/R & A/P management & aging
• Managing chart of accounts
• Daily cash log management
• Making financials
• Budget preparation
• Monthly reconciliations
• Vendor reconciliations
• Prepare profit and loss statements, analyze revenue and resolve accounting discrepancies
• Coaching and developing the capacity of local staff regarding financial management, reviewing expenses, and demonstrating the benefits of transparent reports
• Sourcing new NGO’s with like-minded interests and new companies for fund-raising, reporting to stakeholders, assisting partners and donors with assessment of funds
• Preparing bills for donor organizations in compliance with donor agreement
• Preparing and analyzing project reports as per the budget
• Prepares asset, liability, and capital account entries by compiling and analyzing account information
• Documents financial transactions by entering account information
• Bank reconciliation statement
• Summarizes current financial status by collecting information
• Preparing balance sheet and other reports
• Maintains accounting controls by preparing and recommending policies and procedures
• Prepares payments by verifying documentation, and requesting disbursements
• Complies with federal, state, and local financial legal requirements by studying existing and new legislation, enforcing adherence to requirements, and advising management on needed actions
• Enter and code financial transactions appropriately
• Process payments and invoices
• Reconcile invoices received with departmental billings
• Make and track payments
• Review employee expenses and make reimbursements
• Validate invoices against items or services received
• Check all financial transactions for accuracy
Chartered Accountant (Finalist)
ACMA
Intermediate in Commerce
