Senior Accountant
Al Wefag Trading & Manufacturing Co
مجموع سنوات الخبرة :7 years, 3 أشهر
Key responsibilities:
-Processing timely due payments to both local and foreign suppliers.
-All the government related payments
-Following up and closing the Goods Received-Invoice Received (GRIR) balance at the month end
-Calculating the Landed Cost of finished goods and raw materials procured from abroad
-Supplier balance confirmation, done quarterly
Month-end closing and expenses analysis
-Booking accrued and prepaid expenses at the month end
-Reconciliation of various payables related accounts
-Generating financial reports and statements for the management to review
-Analysing financial discrepancies and recommend effective resolutions
-Determining budget variances
-Respond to accounting inquiries from management
-Monitor and record financial transactions according to company's policies and regulations
-Review and recommend changes to existing accounting procedures
-Provide supplementary guidance to other Accountants as needed
-Performing various ad-hoc tasks.
-ERP: Oracle
-Preparing vouchers for all account payables to the contractors, consultants, vendors, utilities, etc. and the statements thereof with relevant documents
-Preparing and disbursing monthly payroll for appx. 200-250 employees of NMWC
-Monthly reconciliation of Bank and vendor statements
-Preparing quarterly financial reports in regards to sales, production, raw materials, inventory, manpower costs, etc. as per management needs
-Conducting Monthly and Year-end closing procedures of all accounts to be carried forward
-Completing external audit by liaising with auditors (KPMG) in carrying out the year-end audit
-Prepare disbursement forecasts for immediate future payments
-Assist in the formulation of control policies, guidelines, and rules in companywide day to day activities of all sorts and provide support to other departments
-Accessing gaps and shortcomings in the policies and procedures for rectification and improvement
-Preparing weekly management reports (sales, receivables, aging, and cash flow), monthly performance report (MPR), and VAT report
-Reviewing the cost-control elements of the factory
-Reviewing to all employee-related payments (vacation benefits, allowances, EOSB) and update records of the employee accruals, follow up with other departments if required
-Initiating all online bank payments and issuing cheques
-setting up and facilitating management meetings when necessary
-Coordinating with travel agents for booking air tickets of the management and executives and issuing Travel Service Orders
-Making periodic petty cash reimbursements to all the branches upon verification of PRs, signatories and invoices
-Calculating monthly and quarterly Sales and labor commission
-Verifying cost-effectiveness of budget elements of the factory
-Performing various ad-hoc tasks
-Protecting the organization’s value by keeping information confidential
-Avoiding legal challenges by complying with legal requirements.
-Securing financial information by completing database backups.
Managed business and handling day to day activities, e.g. Marketing,
promotions, event management, accounts, ordering stock and delivery,
customer service, etc.
With the Audit Team, audited the final accounts, financial statements, cashbooks, etc.
of few companies and prepared periodic audit reports
Portfolio review for 30 years, 1980-2010, of IsDB member countries namely,
4 | P a g e
Afghanistan, Bangladesh, Indonesia and Malaysia
Prepared portfolio reports and presented in the Department meetings
Got orientation on Islamic Banking, Finance and an Overview of the IsDB Group
Was attached to the Country Operations Department under the supervision of an
Economist
(For over 2 years during degree)
Taught Financial Accounting, English and Math to junior students
Certified Management Accountant
This programme aims to provide students with both practical skills and theoretical knowledge that integrate Islamic concepts and values to enable them to become competent practitioners in both Islamic and conventional finance. CORE COURSES : Research and Quantitative Methods, Financial Markets and Institutions, Portfolio Management, Corporate Finance.
The accounting curriculum has been designed to provide the conceptual framework of accounting by integrating components of Islamic and accounting knowledge. In addition, the programme offers elective courses in specific areas of accounting to meet the need for accounting with an Islamic perspective such as Accounting for Islamic Banks, Zakat Accounting and Accounting, Auditing & Governance of Islamic Financial Institutions. The programme has been granted maximum exemption of examination papers by the Association of Chartered Certified Accountants (ACCA), Malaysian Institute of Certified Public Accountants (MICPA), Chartered Institute of Management Accountants (CIMA), Institute of Chartered Accountants in England and Wales (ICAEW) and the CPA (Australia).