Accounts Manager
A V Concept LLC
مجموع سنوات الخبرة :19 years, 3 أشهر
Responsible for the monthly close as well as maintenance of all accounting ledgers including monthly review of all accounts reconciliation and journal entries.
Prepare of all financial reports, including profit and loss, statement of cash flow as well as year end financial reports. Provide timely explanation of variances between actual results and forecast, provide corrective action recommendation to management, where necessary.
Implements company accounting policies and interpret guidance in regards to accounting transactions.
Work with external auditors during reviews and audits to ensure full cooperation from accounting staff and compliance with all qualified requests. Review collection reports with CEO & MD to determine the status of collections and the amount of outstanding balance, approves all general, accrual entries prepared by accountant, managing MD personal transaction, taking care of all entries in accounting software and working closely with Operation and sales team.
Responsible for Sales Invoices on monthly basis as per approved Inspector timesheet, Purchase order from client site or head office. Follow-up with concern department for acknowledge invoice second copy. Reconciled Debtors account with the Receivable clerk on weekly, monthly basis and provide required information for follow-up the receivable amount. Track on project wise purchase order and informed to Debtors for amendment. (Oil & Gas Industry- Lamprell Energy, Petrofac, McDermott, ALSA Engg., Tecnimont others)
Responsible for the preparation and processing monthly payroll for 130+ employees, review and ensure accuracy of approved timesheet, track and deduct all special deduction. Responsible for the coordination efforts between payroll and other concern department to ensure proper flow and maintenance of employees data (Including overtime, leave salary, salary advance, EOSB)
Prepared Inspector wise Profit and loss statement, analysis Indirect expenses, reconciled inter company account.
Carry out special tasks for management information as assigned from time to time. Responsible for personal credit card accounts of MD, Handled accounts for other company belongs to same management.
Reporting to Managing Director of the Company.
• Responsible for the daily and monthly general accounting processes.
• Creation of annual budgets and working budgets for company.
• Managing all aspects of finance outlay for the company- salaries, payments etc
• Responsible for standardizing accounting systems within the company.
• Perform monthly calculations and entries for sundry accruals, inventories, prepayments, bad debt and any other general accounting as required.
• Monthly maintenance of all relevant ledgers including receivables, purchasing, payables, inventory
• Prepare any necessary journals
• Reporting to the CEO & Managing Director of the company.
• Management of annual company audits.
• Receive invoices or bills from vendors, get them sanctioned and arrange for payments through cheques or bank transfers
• Collect the necessary information and the source documents related to the financial transactions from the concerned people in the organization to update the financial statements daily
• Maintain petty cash book and authorize payments done by cash by making entries under appropriate account head of the book.
• Submit monthly reports regarding the expenses and cashbook balances.
• Responsible for the Inventory, Creditors and Vendors Payment and Receivable Management.
• Reconciliation with bank and Inter-company accounts.
• Co ordinate with external Auditors for timely completion of Audit.
• Co ordinate with Accounts and Finance Manger for preparation of Budget.
• Assist to Accounts Manager for Finalization of Accounts.
• Make entries of the financial transactions of the organization and get them checked from seniors
• File and maintain a record of various supporting documents sent and received by the organization for reconciliation purposes
• Receive sales and purchase reports and note the amount of sales / purchase returns by recording the corresponding entries.
• Prepare and send notices to debtors for remittance of bills.
• Reconciliation of debtors and creditors accounts and ledger scrutiny, Branch Accounting.
• Reconciliation of monthly Bank Accounts.
• Assist to Head of Accounts for finalized the yearly accounts.
• Handled accounts payable and accounts receivable
• Prepared sales invoice and various shipment related invoice.
• Resolve the queries regarding pay cheque entries of the employees with the human resource and accounting departments and enter the final amount
• Maintained petty cash expenses.
• Maintained a daily attendance register, check for the employee entry, half day leaves, full day leaves and enter all the final details to calculate the daily pay of the employees.
• Calculate the daily salary calculations keeping in mind professional tax and insurance deductions for the employee and submit the final monthly amount to the Director of the Company. ( for 65 employees)
• Assisted for preparation of financial statement report.