Accountant.
Al Mazroui Medical & Chemical Supplies
مجموع سنوات الخبرة :30 years, 4 أشهر
Accounts receivable, Accounts payable, GL, Bank reconciliation, Sister company reconciliation and Reporting to the management.
AL MAZROUI MEDICAL AND CHEMICAL SUPPLIES 2005 TO DATE
ACCOUNTANT DUBAI, UAE
Managed the complete financial, accounting functions of this leading company engaged in the business of Trading & Distribution of Medical Products & Chemical Supplies having total staff of 150 and producing AED. 150 Million in Annual Gross sales revenue. Reported to the Finance Manager.
• Assist the Finance Manager in the management of company Finances, Accounts, Strategic financial planning, Audits, Systems & Procedures, Internal Controls, Cash Flow/ Fund Flow Management/ MIS, P & L performance, Banking, Inventory Control Management, A/P & A/R, Credit Control Management.
• Assist the Finance Manager in the finalization of annual accounts and reporting as per company reporting rules & International Accounting systems.
• Analyzed financial accounts and provide detailed reports of fiscal health of the company to the Senior Management including early warning signals to the Senior Management.
• Managed preparation bank receipts, bank payments, cash receipts vouchers, cheques, general vouchers, petty cash voucher, bank reconciliation, export sales and local sales summary preparation on monthly basis.
• Assist the FM in the accounting and financial systems development through implementation of control and reporting systems to adequately monitor and provide financial insight into business operations.
• Perform supervision of debtors and creditors, made schedule of payments to suppliers. Perform Bank reconciliations, prepared reconciliation Statements of Accounts with / from Banks; gather, sort, and research records and files to provide factual data, and trace discrepancies to reconcile accounts.
• Perform regular profitability analysis and suggested ways for improving profitability in the increasingly competitive business environment.
• Reconciliation of stock on monthly basis.
• Liaised with the Banks and Auditors.
• Prepared Financial Statements (Balance Sheet, Income Statement, Cash Flow Statements)
• Ensured that the financial records are maintained in compliance, and recommended changes in procedure when appropriate.
Work History
AIKAH EST. 1999 - 2005
ACCOUNTANT - CUM -ADMINISTRATOR DUBAI, UAE
Manage the complete accounting functions of this leading company engaged in the business of Trading and Distribution having total staff of 100 and producing AED. 100 Million in Annual Gross sales revenue. Report to the Chief Accountant.
• Responsible for preparation of Trial Balance and Profit and Loss Account at the end of every month and reporting as per company reporting rules & Accounting systems.
• Managed preparation bank receipts, bank payments, cash receipts vouchers, cheques, general vouchers, petty cash voucher, bank reconciliation.
• Assisted the Chief Accountant in the implementation of accounting systems and policies implementation and control to adequately monitor and provide financial insight into business operations.
• Performed supervision of debtors and creditors, maintain supplier's accounts, and make schedule of payments to suppliers. Performed Bank reconciliations, prepared reconciliation Statements of Accounts with / from Banks; gather, sort, and research records and files to provide factual data, and trace discrepancies to reconcile accounts.
• Performed regular profitability analysis and suggested ways for improving profitability in the increasingly competitive business environment.
• Maintained expense account for the bank. Corresponding Account.
• Stock and inventory control. Reconciliation of stock on monthly basis. Physical verification of stock to ledger, valuation.
• Preparation of daily and monthly production report and other statements.
• Perform maintenance of detailed reports / schedules / statement as per international accounting system in order to provide senior management on time reliable operational and financial reports.
• Cash collection and handling all kinds of bank transactions including remittances.
SHINE PLASTICS 1997 - 1999
ACCOUNTANT - CUM -ADMINISTRATOR INDIA
Managed accounting functions of the company producing Rs. 65 Million in Gross sales revenue having staff strength over 50. Reported to Managing Director. Directly supervised a team of 2.
• Responsible for Finalization of Accounts as per International Accounting Standards.
• Managed daily cash transactions, preparation of daily cash flow statements, bank receipts, bank payments, cheques, maintenance of cashbook, petty cash book and other related journals. Managed accounts payable / receivable and managed cash flow forecast.
• Reviewed internal controls, business processes, procedures for improvements, cost reductions, monitored accounts payable and receivables.
• Created and presented monthly/quarterly expense analysis spreadsheets to inform management of opportunities to decrease expenses for the company.
• Performed statutory and interim audits and liaised with the External Auditors.
• Communication and correspondence with banks.
• Managed - Income Tax / Sales Tax / Excise Duty Matters.
PRAMUKH ELECTRICALS 1995- 1997
ACCOUNTANT INDIA
Controlling and monitoring the day-to-day activities of the Financial & Accounts Department functions of the company engaged in the business of manufacturing and distribution of Electronics Items and producing Rs. 50 Million in Gross sales revenue having staff strength over 30. Reporting to Managing Director.
• Responsible for managing the Accounts up to finalization.
• Supervised, planned and coordinated the activities of Accounts Department ensuring prompt and accurate payments to various suppliers, creditors and regional staff.
• Reviewed and processed all accounts payable invoices of creditors / suppliers through purchase ledger system for correct cost and quantities and supervised daily posting of accounts payable transactions.
• Researched past due invoices and partially paid invoices. Improved relations with venders and resolved invoicing problems.
• Ensured clients were served in a highly professional and courteous manner.
• Manage Payroll processing for 30 employees. Supervised cash disbursement of business expenses to employees, coding of expense vouchers and petty cash.
• Conferred with subordinates to resolve procedural problems in tracing sources of errors.
• Assist the Managing Director in the preparation of statistical and financial support data for annual planning process.
• Responsible for reconciliation of specific accounts and maintenance of detailed reports/ schedules/statements as per international accounting system in order to provide on time reliable Management Information Reports.
• Conducted meetings with major suppliers on quarterly basis for smooth maintenance of their accounts.
• Perform age-wise creditors report preparation, comparative expenses statement preparation monthly and provide support as required for monthly closing.
SVM ASSOCIATES, Chartered Accountants, INDIA. 1994 - 1995
AUDIT ASSISTANT
Work History
• Conducted internal and operational audits of major multinational companies, trading firms with the purpose of reviewing internal control structures, performed special reviews, made recommendations for corrective actions of unsatisfactory conditions, reported findings, assisted with improvements in operations and reductions in costs, monitored compliance with contractual terms and reviewed all applicable laws and regulations for operations.
• Successfully managed all assignments on time and assisted the senior management of company in maintaining effective operational control.
• Reviewed, analyzed and provided inputs to improve Standard Operating Procedures with regard to operations.
• Reviewed data regarding material assets, net worth, liabilities, capital stock, surplus, income and expenditures.
• Reviewed internal controls, business processes, and procedures for improvements, cost reductions.
Passed with Second Class.
Passed with Second class.