Senior Accountant
Azizi Developments
Total years of experience :16 years, 2 Months
Handling and supervise payables which includes sales commission, project payment execution.
Execution of project related contractual payments from escrow accounts.
Liaising with banks all escrow accounts related payments and resolve all the grievances
Ensure all the contractors payments are entered to the system correctly and allocated against respective project.
Monitoring the daily cash reconciliation and monthly bank reconciliation.
Liaising with Other departments like Engineering, Agency, Sales, Legal, and CRM.
Liaise with Internal auditors.
Ensure all the commissions are calculated as per the structure approved by the company.
Ensure all commissions are executed on time, entered in to the system correctly and allocated in to the respective project.
Ensure all commission statements are send to the beneficiaries on a periodic basis.
Payables Management
Checking & Verification of invoices & purchase orders
Booking of invoices
Preparing cheques for suppliers as per payment terms comply with company financial policies and Procedures (including DEWA + Etisalat)
Contracts Management
Checking & Approving tenancy contracts
Checking & Registration of Ejari contracts
Reconciliation of Supplier Accounts and GL Control Accounts.
Printing and posting of rental and non-rental debit/credit note
Preparation of monthly aged receivables report and coordinate with leasing team
About the progress and target collection status
Liaise with & assist internal & external auditors;
Preparing various MIS reports to the top management including P&L, Cash Flow Statement, & inter-company accounts reconciliation etc. within the prescribed deadlines.
Coordinate with insurance companies for receivables
Processing the security deposit refund
Preparation of monthly vacant reports
Maintaining group accounts and give appropriate training to accounts staff
Coordinating with accounts staff for the various accounting function.+
Monitoring all monthly reconciliations (Bank, Cash, General ledger & Supplier)
Preparing monthly invoices
Assist in the preparation of annual budget
Management of Petty cash
Checking and verifying petty cash in various dept.
Monitoring the petty cash entries
Facilitating communication with the banks and other related financial institution for day to day matters;
Managing the books of accounts for 2 divisions.
Generating the invoice’s & revenue booking
o Checking and verifying all the time sheets and preparing the invoice’s.
o Preparation of monthly receivables list and chasing for payments.
Effectively managing the accounts payables functions.
Accounting of all receipts from the clients and responsible for proper allocation of receipts against relevant invoices.
Management of cash and bank :-
Payroll preparation and processing it through WPS
Daily banking functions and Liaise with the banks for various requirements.
Monthly preparation of prepayment register
Maintaining schedules for various deposits & advances
General ledger, Bank & Supplier reconciliation & Interdivision reconciliation.
Monthly & Annual closing of all accounts, preparation of profitability & conducing audit.
Maintaining Escrow account.
Preparation of various reports includes monthly consolidated management report for the divisions, weekly sales ledger report, Cash flow planner, annual
Financial reports, preparation of budget, variance analysis & monthly working capital forecast etc.
Job Profile:-
Keeping books of Accounts up to Finalization
Payables management
Monthly Iinvoicing & providing sales report to the management
Preparation of salaries & wages
Management of cash & bank
o Cash Receipts from sales
o Monthly reconciliation of sales
o Bank Reconciliation
Preparation of menu wise cost allocation
Preparation & coordination of audit process
Reconciliation of general ledger & Inter-company ledgers
Asset Management :-
o Maintaining Fixed Asset Register
o Calculation of depreciation
o Maintaining Asset disposal and addition details
Finalizations of accounts (profit & loss, Balance sheet)
Job Profile:-
Keeping books of accounts up to finalization
Bank Reconciliation
Preparation of Cheque & Invoices
Handling petty cash
Computation & payment of wages and salaries
Preparation of Financial Statements
Reconciliation of venders & client ledgers
Laison With Internal and external auditors