general accountant
Yas Oilfield Services
Total years of experience :17 years, 8 Months
• Handling all financial and accounting transactions for the company (Record to Report).
• Handling all payables and receivable functions. This includes invoicing to customers and uploading
invoices in ADNOC self-billing in SAP Ariba system.
• Ageing of payables and receivables.
• Processing monthly payroll, WPS and salary transfers.
• Recording of monthly provisions for leaves and indemnity.
• Recording of expense accruals.
• Amortization of prepayments (Rents, Health insurance, Project Insurance)
• Recording of depreciation and deferred revenues.
• Petty cash replenishment.
• Bank reconciliation.
• Monthly expense reporting and forecasting.
• Monthly closing of Input and Output VAT for FTA VAT filing.
• Preparation of monthly Profit and Loss Report.
• Weekly cashflow report.
• Cash management - managing cash inflow and outflow to be able to manage the operations of the
business and meet all obligations on time.
• Handling audit inquiries and accounting adjustments when necessary.
• Preparing financial reports as needed by management.
• Handling the entire In-Country Value (ICV) audit for prequalification requirements.
• Coordinating with Sales Team on the progress of their projects and sales targets.
Handling the Accounts Payable for Aldar Properties’ commercial and residential assets.
• Prepares month end aging of payables and reconciles vendor statements with our payable schedule.
• Prepares cash outflow report to and reconcile it with debits to monthly bank statement report.
• Processes customer’s security deposit refunds for all managed properties. Prepares weekly report of pending refunds to Operation managers and provides analysis and justification of KPIs.
• Month-end billing of property management fees for all managed properties.
• Auditing and Posting of all receipts and coordinating with Property management coordinators and treasury for any discrepancies while ensuring that all bank receipts from treasury are properly recorded and receipted by cashiers in property management books before month-end close.
• Assisting property managers and coordinators on their finance related concerns with customer’s ledger accounts.
• Reconciles Accounts receivable receipt register with bank statements and prepares report for unreconciled items in bank. Month-end review and aging of receivables to be sent out to Property Management for their KPI review.
• Assists in reconciliation of bank statement and oracle receipt register ensuring that all money received are properly recorded and matched with customer receivable accounts.
• Auditing and posting of receipts created by cashiers.
• Reconciliation of intercompany accounts with facilities maintenance management and property maintenance and services companies.
• Month end review and aging of receivables.
• Managed teams performing Accounts payable processes for Check requests, Wires, Disbursements and AP support function under Issue Resolution team.
• Processes include, ACH reconciliation, remittances, bank stop payments and check voids, Wire transfers, urgent and special payment requests, manual check registers, FEDEX payment interface, Travel agent and commissions interface, Race and Sports winnings and other month end reports.
• Managed the aging of queues to ensure SLAs are met on a daily basis.
• Handled all issues in a timely manner while maintaining good client relations.
• Prepared and managed workload among team members.
• Performed continuous coaching to team members to improve their performance and guided them to their desired career path.
• Handled client relations ensuring that all service deliverables are met or even exceed expectations, these includes daily correspondences with client, weekly meetings and monthly touch base.
• Ensured smooth month end accrual process.
• Ensured that the team are following process standards and maintaining high quality work despite time and urgency constraints.
• Ensured that all SOX controls are adhered and all audit standards are being complied with.
• Prepared weekly productivity of staff to manage Full Time Employee’s (FTE) capacity (FTE analysis) for better cost optimization and FTE utilization.
• Continuously molding potential leaders within the team thru proper training, delegation of tasks and employee recognition on delivered assigned tasks beyond their usual duties.
• Strictly ensuring that we are following company rules and regulations, company business ethics, and company information security.
• Performs all other administrative tasks with regards to the team’s performance assessment, attendance monitoring, and all other HR and Payroll related tasks.
• Achieved sales target on liquor and wine sales.
• Recommended wine and food pairing.
• Received good commendations from passengers
• Handled the analysis of projected and actual cost and revenue of the Integrated Technology Services (ITS) department of IBM.
• Coordinated on a weekly basis with the Sales Managers on the project contracts that will be signed and those that need to be forwarded for the next period to reflect the correct projection of revenue.
• Coordinated with Project Delivery Managers on projects that they will be able to completely or partially deliver to assess how much revenue can be recognized for the current period and periods thereafter.
• Advised entries for revenue and cost accounts and if there are any adjustments that needs to be done to project the correct revenue.
• Handled the entire billing of service invoices for the company. Collected all the receivables and assists in the payroll and other general accounting functions within the accounting department.
• Handled all cash transactions and posting of all packages and other non-cash transactions in the Micros system. I handled all restaurant reservations and coordinated with the Restaurant Manager matters concerning the arrangement of functions and activities.
5yrs of my experience covered Accounts payable. I handle a team from 17-27 full time employees from different groups.