Accountant
City University College of Ajman
Total years of experience :10 years, 5 Months
I am working as an Accountant and my responsibilities are as follows:
Lead a team of six cashiers with high level involvement in all areas related to finance & accounts management, reporting & formulation of policies and procedures for internal control purposes.
Complete supervision of accounting process to ensure that all transactions are appropriately recorded, presented & reported in accordance of IFRS and any errors are identified and timely corrected.
Supervision & Management of complete Working capital cycle; (A/R, A/P & Inventory)
Receiving and processing all purchase invoices for payments
Processing students refunds as per the policies
Performing Cost analysis against the set budget to report variances
Preparing Cash flow forecast reports on weekly basis
Charging & Reconciling Input & Output VAT
Delivering VAT reporting, ensuring VAT compliance and identifying risk.
Ensure all month end processes are actioned on a timely basis.
To ensure that all record is kept as per requirement of FTA
Manage VAT issues with customer and suppliers
Timely preparation of intra-group reconciliations, monthly accounts for managerial decision making
Preparation of invoices for intra-group companies
Scrutinizing Bank and GL balances and transactions to identify any anomalies on regular basis
Preparing Fee Income Cash reconciliation report on regular basis
Maintaining Bank book balances on regular basis
Performing Reconciliation of all Bank Accounts on monthly basis
Maintaining Fixed Assets register and prepayments schedule
Passing all payroll entries in the system
Reconciling all accrued expenses ledgers.
I was working as a Junior Accountant and my responsibilities were as follows:
To prepare daily bank reconciliation report
To prepare water and electricity invoices for tenants in the buildings managed by our company
Maintain accounts receivable customer files and records
Monitor customer account details for non-payments, delayed payments and other irregularities
To receive payments from customers against invoices
Follow-up customers for outstanding balances due on accounts
To pass accounting entries for tenancy contracts and prepare final settlements on evacuation of tenants
Ensure the recording of Capital Expenditure and monthly depreciation in fixed asset module in timely manner
Responsible for maintaining various balance sheet schedules such as fixed assets, prepayments, accruals and provisions
To prepare final settlements for outgoing employees
Process staff expenses and petty cash vouchers
Review contract obligations to ensure all contract invoices have been posted and reconciled with customer statement
I was working as an Accounts Officer in Accounts and Finance Department and my Responsibilities were as follows:
Receiving and processing all purchase invoices for payments
Prepare Payment, Receipt and Journal Vouchers on accounting software
Posting expenses entries to their respective accounts on accounting software
Make Necessary Adjustments against advance paid to both vendors and staff
Complete required tax reporting in a timely manner
Prepare and update tax provision schedules
Update the company sales tax database as tax rates change
Coordinate audits by various taxation authorities
Maintaining general ledger of withholding tax deducted on purchases
Calculating tax liability, ensuring compliance is completed speedily and efficiently, and submitting tax returns and associated documents by the appropriate deadlines
Negotiate with tax authorities over tax payment issues
Advise management on the impact of new laws on tax liabilities
Issuance of tax certificates to staff and vendors against taxes collected
Prepare Bank reconciliation statement on daily basis
Maintaining fixed assets register
Analyse monthly department budgeting and accounting reports to maintain expenditure controls
Prepare cash flow forecasts on monthly basis
Posting entries of letter of credit(L/C) on ERP
Posting of direct debit/direct credit on ERP
Manage the petty cash and keep track of the amounts issued to the personnel
Reconcile supplier accounts and resolve discrepancies
Deal with supplier account queries via telephone and email and resolve queries promptly
Monthly reconciliations between Sub Ledger records, Trial balance and General Ledger
Preparation of financial reports such as balance sheet, profit and loss and other related reports.
I worked as a Finance Intern on ERP Oracle and my responsibilities were as follows:
Post journal entries
Assist with month-end financial reports
Help with accounts receivable and payable
Support the payment processing team