Senior Accountant
Benchmark
Total years of experience :25 years, 4 Months
Accounting and financial operations:
Perform complex transactions of high dollar value daily, weekly and monthly to generate
updated revenue and inventory reports by dollar and product.
Recommend and develop solutions to ensure non-interruption of financial operations.
Critically analyze existing processes and recommend appropriate internal control procedures.
Develop excel spreadsheets and presentation reports of complex financial data.
Responsible for month end journal entries, accruals, and reversing entries to maintain G/L
integrity.
Reconcile balance sheet accounts and bank/credit cards.
Assisted in the preparation of the monthly sales tax report.
Analyze and evaluate the existing accounting system and reporting procedures. Present to the CEO a recommendation and a vision to develop the existing system to fit into the air freight operations. Supervise the daily accounting procedures to make sure of proper reporting. Make sure of filing governmental financial reports (Tax & VAT) on specified deadlines to avoid penalties. Report directly to the CEO on regular basis to keep him informed of accounting procedures development progress.
Responsible of all financial operations to ensure proper financial activities are in practice to prevent deviation from the business objectives set by the board of directors. Development of MIS to provide timely financial and managerial data. Establishment of internal control procedures to ensure the integrity of the financial and managerial reports and to adequately protect the assets of the company. .Direct financial planning and investment of funds. Review of all strategic planning initiatives for the company. Assess and communicate the financial impact of proposed plans and actions. Oversee budgeting, forecasting and analytical work. Analyze the actual spending and revenue vs. budgets and identify reasons for variances.
Supervising the accounting department including A/R, A/P, Payroll. Preparation of financial. Statements. Projects’ cost control. End month closing. Bank reconciliation. Fixed assets accounting. Follow up on bank facilities, loans &Lc’s. Ensure proper, timely and accurate interim financial reporting. General ledger accounting. Cash flow analysis. Review and analyze monthly operating results as compared to budget.
Installment of a comprehensive computerized accounting system. Standardized financial procedures to unify practices in relevant branches. Work closely with management on Sales and financial Plans. Bringing inconsistencies to the attention of related decision makers. Ensure that risks are mitigated and that financial goals are achieved. Identification of opportunities for improvement, cost reduction, and system enhancement. Ensure proper, timely and accurate financial reporting. General ledger accounting. Bank reconciliations. Filed required governmental reports.
Supervision of accounting functions through Financial Statements. Responsible for annual and interim financial reporting and reconciliation process, manage accounts payable and payroll staff, cash control and tracking of sales data., prepare monthly financial statement analysis (including cash flow projections), liaison for all business specific annual audit requests. Manage the month end closing process (accruals). Inventory cost control reports. Development of computerized accounting system to maximize time efficiency and enhance cost reduction plans. Development of accounting procedures to ensure adherence to GAAP. Heavily involved in the strategic planning to expand the business and to acquire bank facilities. Participated in designing marketing plans and adding new line of product into the business. Maintain healthy relationship with vendors
Responsible for the development and implementation of a flexible annual budget. Spreadsheet and IF analysis reports. Assisted in developing assumptions to guide the budget preparation. Monthly revenue and cash flow projections. Liaison with engineers, estimators and various departments to ensure the integrity of supplied financial data to be adopted in preparing the budget. Review and analyze monthly operating results as compared to budget and forecast. Summarize major variances and highlight problem areas and trends for follow up with senior management