Senior Accountant
NSV AUTOMOTIVE GROUP
Total years of experience :11 years, 11 Months
Functions
• Provide support on the preparation of company’s Financial Statements.
• Develop and maintaining accurate and comprehensive accounting reports that can be used by management in decision making.
• Managing of accounting operations including Billing, Accounts Receivable, Accounts Payable, GL, Prepayments and other assets and monthly analysis of these accounts.
• Managing all bank transactions and reconciliations.
• Managing all cash transactions including cash on hand and petty cash.
• Managing the interim and annual physical inventory count
• Fixed assets capitalization and depreciation transactions and analysis.
• Review and process of monthly Payroll (including overtime, staff deductions and claims)
• Conduct reviews, evaluations and preparation of monthly sales commission.
• Inter-company or associate’s reconciliation and settlement.
• Reconciliation of ledger accounts and preparation of financial schedules for the audit.
• Review and posting of journal entries for month-end related transactions.
• Assist with tax audit and tax returns.
• Liaising with auditors during interim and year-end audit.
• Other works related to accounts.
Functions
• Helping the management in implementing of the company`s policy & accounting guidelines, oversee compliance with the established company policies and procedures, and recommend constructive proposals for improvement.
• Performed accounts payable functions.
• Prepares monthly invoices (man hours, accommodation and food) to be billed to customers.
• Checking and verifying of supplier’s invoices before releasing payment.
• Monthly reconciliation of supplier and customer’s account
• Performed accounts receivable functions for affiliated company.
• Prepares month-end closing journal entries such as prepayments, provision/accruals, depreciation etc.
• Prepares monthly bank reconciliations and ensure all reconciling items are properly adjusted.
• Supervised the monthly physical inventory count in camps located in Ruwais, Ajman and DIP.
• Maintain and handles Fixed Asset Register of the company and perform asset count.
• Preparation of audit schedules for the year-end audit.
• Play a fundamental role in preparing the Financial Statements of the company.
• Prepare other reports to be used for variance analysis, budgeting and forecasting.
• Perform other job-related activities as may be required.
Financial Reporting
• Summarize monthly project transactions. Monitoring of committed cost and actual cost and the analysis of the actual/committed cost. Ensure all transactions are captured in EA21(accounting system) and amounts checked with MS Great Plains (accounting system). Prepares all the necessary entries regarding projects. Performs monthly project cost interface. Performs closing of approved completed projects.
• Maintain and handles Fixed Asset Register of the company and performs asset count.
• Prepares month-end closing journal entries.
• Prepares monthly Accounts Receivable aging.
• Prepares monthly Audit schedule of Balance sheet accounts.
• Reconciliations of Balance Sheet and P&L accounts.
• Prepares monthly Bank reconciliation schedule. Ensure that all reconciling items are adjusted.
• Assists the Finance Head in the preparation of the Financial Statements (Balance Sheet, Profit and Loss, Cash Flow etc)
• Assists the General Accounting Head in accomplishing the necessary reports for its affiliates and prepares supporting schedules required by the Regional Office in Singapore.
• Processing of supplier’s invoices (payables) not supported by PO.
• Perform other General Accounting tasks.
• Support management in ad hoc requirements.
Tax Reporting
• Prepare and encodes in the BIR Aphalist System on a quarterly basis the Creditable Withholding Tax for E-Filing to the regulatory bodies (Bureau of Internal Revenue).
• Prepares monthly Input VAT schedule. Encodes to BIR Relief System the quarterly Purchase, Sales and Importation transactions for E-filing to the regulatory bodies.
• Preparation and submission of book of accounts.
Year-end Audit
• Assists external and internal auditor during year-end audit.
• Assists Finance Head in reviewing Financial Statement draft.
• Assists Finance Head in other Financial report requirements during year-end.
System Development and Maintenance
• Works for the improvement of existing system of filing, recording, reporting, etc.
• Ensures that a proper system is in place and implemented to monitor all accountable documents and forms within the section.
• Perform record-keeping and bookkeeping functions through Agresso accounting system
• Assist in monitoring of actual expenses against budgets
• Preparation of monthly bank reconciliation
• Prepares monthly account schedules, fixed asset lapsing and pre-payment schedules
• Handles SSS, PHIC and HDMF remittance
• Handles cash disbursement book recording and posting
• Participates in group reporting and consolidation
• Participates and assist in all tax audits and compliance audits (interim and annual)
• Act as support staff on all matters related to accounting
• Perform other job-related activities as may be required
• Handles and prepare payable vouchers with proper attachments.
• Handles bank reconciliation and petty cash replenishments
• Encodes of check disbursement, sales invoices with various reconciliation and schedules (MYOB accounting software)
• Monthly Schedule of Cash, Checks & Card Sales for VAT purposes
• Prepare month-end schedules of input tax and expanded withholding tax for tax filing/payment purposes
• Check of office and store’s Petty Cash Fund replenishment; ensure completeness of attachments and correctness of entries before the preparation of vouchers
• Update Fixed Assets Lapsing schedules monthly
• Generating Daily and Monthly Collection Report of the Company
• Ensure that all accounting copies of issued invoices, receipts and credit memos are collected from stores for encoding to MYOB
• Reconciliation of Sales per Accounting vs. Stores’ sales book
Recognition with Honors - 2005