Internal Auditor
JUBAILI BROS
Total years of experience :20 years, 6 Months
July 2012 - up to present
- Performing risk assessments on key business activities, recommend risk aversion measures & cost saving methods, determine compliance with policies & procedures, examine and analyze accounting records to determine financial status of the company and prepare financial reports.
- Analyze, reconcile & maintain aging of accounts receivable, ensures the correctness of the amounts, passing of JV’s for doubtful accounts & writing off accounts for delinquent customers
- Coordinates with Credit Insurance Company for credit limit & monitoring all credit customers to be within the approved limit by the credit risk insurance company or the management, whichever is higher
- Checks & verifies Payment Vouchers prepared by the Accounts Payable & ensuring that payments are valid & legitimate as per the attached supporting documents
- Conducts sampling of inventory at least once a month, investigating the source & correcting discrepancies as necessary, and advising inventory internal controls
- Supervise Afghanistan & Qatar based Accountants & auditing all their financial transactions, Quarterly & Yearly Closing of Accounts & Preparation of Financial reports
- Reconciliation of Sister company accounts, preparation of monthly reports & providing decision support to Management from a financial perspective by preparing statistical reports
- Checking of daily financial transactions of the company & ensures the proper entries are done as per the generally accepted accounting standards.
December 2010 to June 2012
- Passing of JV’s for the daily accounting transactions
- Verification of Vendor invoices, recording in accounting system, reconciliation of supplier’s statement of account monthly & processing payment to vendors as per Purchase Order.
- Petty Cash Vouching and postings in the accounting software.
- Bank Reconciliation - Local & Foreign Currency
- Maintaining the Fixed Assets Registry and preparation of Depreciation entry
- Member of the ISO team as Auditor
- Preparation of documents for Letters of Credit
May 2008 to November 2010
- Raising invoice to customers using database system - Dolphin System
- Sending statement of Accounts to Customers and follow-ups for the overdue accounts
- Petty Cash Custodian
- Others: Engaged in the Quarterly & Yearly Inventory, Preparation of Monthly Inventory Report, Part of the Quality Control Team
• Supervise the accounting and budgeting office of the University.
• Preparation of monthly payroll for the University.
• Bookkeeping of all financial transactions of the university & preparing financial reports.
• Reviews, certifies completeness & propriety of supporting documents for the disbursement vouchers
• Cash Analysis and Management - maintains cash monitoring sheet/position report, Conducts cash reconciliation, reviews and certifies the correctness and completeness of report of collection, report of disbursement and report of checks issued prepared by the cashier.
• Monitoring Withholding Tax & preparation of tax remittances of the University.
• RECONCILIATION OF ACCOUNTS
a. Stock Purchase Loan - Compare the general and subsidiary ledger balances, verify loan repayments, verify posting/payment distribution, prepare adjusting entries if any & prepares pertinent schedules
b. Cash and Cash Related Accounts - Trace book/bank entries, verify corresponding debit/credit memos, prepare reconciling items, prepare pertinent schedules if any
Certified Public Accountant passed last October 2003.