Accountant
Zee Entertainment Middleeast FZ LLC
Total years of experience :14 years, 6 Months
• Complete responsibility to review and process invoices for payment, ensuring accuracy and adherence to company policies.
• Match invoices with purchase orders and receiving documents to verify quantities and prices and charge expenses to correct GL accounts and Cost centers by analyzing invoices/Expenses.
• Conducted thorough vendor account reconciliations, resolving discrepancies and maintaining up-to-date Vendor information.
• Actively involved with Credit Control & operations Team to review and authorize the Release Orders received from Advertising Agencies and Retail Clients in alignment with Contracts and Agreements and resolving rate issues if any by approval from Head Credit Control.
• Fixed Asset bookings and amortization in line with contract and company policies.
• Accurately recorded cash transactions with correct VAT accounting.
• Booking of the VAT entries and providing data for the monthly VAT returns.
• Assist with month-end, quarter end and year-end closing activities including accruals, prepaid and account reconciliations and actively involved in Audit completion.
• Managing accounts payable, including invoice verification, accounting the same in system and ensuring the timely payments.
• Production Bills assessments and comparing Budget V/s Actual for all the production events.
• Processed employee reimbursements, ensuring accurate expense report and timely disbursements.
• Oversaw Programming Cost and invoices bookings in line with the contract.
• Performed regular vendor account Reconciliation and address enquires and resolving the discrepancies to maintain good vendor relationships.
• Generated account analyses and delivered monthly financial reports.
• Executing inter-company Accounts reconciliations monthly.
• Preparing MIS Reports monthly, quarterly and yearly within strict deadlines.
• Managed prepaid bookings, Provision accounting for the monthly, quarterly & yearly closing cycles in SAP.
• Managing and handling all the cash payments and accounting of the same.
• Coordinated audit process for payables & Expenses, facilitated Supplier Balance Confirmations and liaised with auditors for statutory, Internal and Tax Audits.
• Prepared detailed schedules required for the Audit.
• Providing data for Annual Budget of the Expenditure side.
• Perform other Ad hoc reports as required by the VP Finance
• Managing accounts payable, including invoice verification, accounting the same in system and ensuring the timely payments.
• Production Bills assessments and comparing Budget V/s Actual for all the production events.
• Processed employee reimbursements, ensuring accurate expense report and timely disbursements.
• Performed regular vendor account Reconciliation and address enquires and resolving the discrepancies to maintain good vendor relationships.
• Generated account analyses and delivered monthly financial reports.
• Executing inter-company Accounts reconciliations monthly.
• Preparing MIS Reports monthly, quarterly and yearly within strict deadlines.
• Managed prepaid bookings, Provision accounting for the monthly, quarterly & yearly closing cycles in SAP.
• Managing and handling all the cash payments and accounting of the same.
• Coordinated audit process for payables & Expenses, facilitated Supplier Balance Confirmations and liaised with auditors for statutory, Internal and Tax Audits.
• Prepared detailed schedules required for the Audit.
• Perform other Ad hoc reports as required by the VP Finance
• Handled all administrative, operational and capital payments processes.
• Evaluated music playlists and processing monthly royalty for different music companies.
• Ensured accurate and timely invoice processing in compliance with company payment policies including verification against supporting documents.
• Getting invoice approvals in line with delegated authority protocols.
• Managed cheque payments and bank transfers, and maintaining smooth banking operations.
• Oversaw 4 branch bank accounts and ensuring positive balances through timely fund transfers.
• Reconciliation with Branch Accountant, Inter-company accounts and Bank statements.
• Processed Employees expenses and disbursements timely & accurately.
• Reporting the daily Cash flow of 4 branches to VP Finance.
• Review and monitor all daily cash receipts, including checks and electronic deposits, to ensure that all incoming funds are recorded properly & passing entries to record all incoming deposits.
• Processing and providing monthly aging reports, customer accounts for collections activities to Credit Control Department
• Compiled and submitted quarterly reports to Bank like FFR (Financial Follow up Report) and QIS (Quarterly Information Statement ) as per Bank Format
• Actively involved in periodical financial closing and prepared various schedules as per company law.
• Solely responsible for TDS deductions, Tax Deposits and Filing of Returns, Issuing Certificates.
• MIS reporting on monthly quarterly and yearly basis.
• Coordinated Internal, Statutory and tax audits by liaising with auditors and preparing various management reports.
• Managed Complete processing of construction bill booking and payments.
• Checking, verifying bills with purchase orders and BOQs, accounting the same with relevant statutory and other deductions.
• Oversaw Tax deductions on various bills and ensure timely deposit to government authorities, return filings and issuance of certificates to parties involved.
• Coordinated with Site Engineers to obtain necessary documentation related to CAPEX, contracts from the Site Engineers as back up documents for the Running bills.
• Ensuring smooth project operations by timely payments of the running bills.
• Accounting cash transactions across multiple sites and coordinating with the site supervisor and cashiers for the cash flows.
• Handling the Bank transfers of various bank accounts held by the company.
• Passing payroll entries and process employee reimbursements in compliance with company policies.
• Interacting and coordinating with various departments for the invoice approvals.
• Recorded financial data accurately in the accounting system ensuring data integrity.
• Handled daily sales posting and reconciling the same with the bank receipts and verified against daily sales reports
• Prepared bank, Inter-company, and Branch Reconciliation contributing to financial accuracy.
• Maintained the Fixed Asset Register as per Company and Income Tax rules and managing depreciation schedules and related accounting.
• Assisted in the preparation of various schedules for year-end closings and supporting timely reporting.
• Engaged with auditors during Internal, Statutory & Tax Audit to ensure compliance & transparency.