Inventory Accountant
Al-Mishaal Electrical Equipmen
Total years of experience :21 years, 1 Months
Check inventory records for accuracy
•Compile reports on various aspects of changes in inventory
•Keep records of items shipped, received, or transferred to another store
•Find, sort, or move goods between different parts of the business
•Exercise general control over all activities in Stores Department
•Maintain proper records.
•Initiate purchase requisitions for the replacement of stock of all regular stores items whenever the stock level of any item of store approaches the minimum limit fixed in respect thereof.
•Initiate action for stoppage of further purchasing when the stock level approaches the maximum limit.
•Check and receive purchased materials forwarded by the receiving department and to arrange for the storage in appropriate places.
•Issue materials only in required quantities against authorized requisition notes/material lists.
•Check the book balances, with the actual physical stock at frequent intervals by way of internal control over wrong issues, pilferage, etc.
•Order to supplier for Purchase for shortage items and time to time discuss to MD and Suppliers for New Items Purchase.
•Maintain all daily records in software SMART ERP.
•Damage and any type of fault, to claim to suppliers for reimbursement.
Handling of complete accounting entries in FACT ERP. software, Closing of accounts and preparation of various accounting reports.
Preparing reports for submission to banks, Preparation of Monthly MIS reports and Payroll.
Receives and inspects all incoming materials and reconciles with purchase orders; processes and distributes documentation with purchase orders.
Gather, compile, analyze, prepare and summarize data for complex financial /subjects such as planning, formulating and conducting financial studies to define performance plans.
Provide effective and timely financial information, thoughtful business insights/analytics and business performance evaluations.
Maintenance of books of accounts in Tally ERP, Tax Audit and Internal Audits, Bank Audit, Stock Audit, Revenue Audit.
Accounts Receivable & Accounts Payables.
Reconciliation of debtors’ ledgers and Bank. Branch Accounts. Bank Correspondence.
Payroll, Gratuity etc. Calculation, filing of returns & e- payment.
Sales & Service Invoice Authorization (Local Export) Debit & Credit Notes.
TDS Monthly e-payment & Quarterly Return.
Sales Tax; Monthly Vat Return & e-payment, Annual Vat Return & Vat Audit, C form Queries. Entry Tax; Monthly Return & e-payment.
Handling of complete accounting entries, closing of accounts and preparation of various accounting reports in accounting software SWASTIK.
Assist to planning For Finance.
Balance Sheet, P&L Account. Sales & Service Invoice.
Purchase Order, Sales report and Payroll.
Providing various reports to the management from time to time for assisting in making business decisions.
Assist to area coordinator to support Cash application - Applying customer payments and received timely.