Sr. Accountant
M.H. Alshaya Group
Total des années d'expérience :17 years, 2 Mois
Accountable for Financial reporting for KSA & Oman Market.
Ensure timely completion of monthly & yearly book closure & submission of financials in corporate system FCCS and prepare reconciliation between management and legal books.
Responsible for Detailed Financial Statements review (P&L, Balance Sheet, Cash Flows).
Analyzing journal entries related to revenue and expenses posted in GL.
Responsible for timely capitalization of fixed assets for assets useful life & run depreciation of all assets during month end closing.
Monthly Amortization of all Prepaid Expenses. (Rents, Insurances & Others.)
Review of AR and AP Aging and reconciliation with Trial Balance.
Working on Multiple Taxes like Withholding Tax, Excise Duty & VAT for Oman market.
Review of payroll costing and reconciliation between HR data and GL balance.
Managing and delivering Adhoc projects driving business change
Reviewing trial balance and balance sheet schedules to check for ageing and clear those items.
Co-ordinating with external auditors and provide them sample and clarifications for query raised.
Preparation of audit schedules for external audit and provide them on timely basis.
• Ensure timely completion of monthly & yearly book closure &
submission of -nancials in corporate system FCCS and prepare
reconciliation between management and legal books.
• Responsible for Detailed Financial Statements review (P&L,
Balance Sheet, Cash Flows)
• Prepare and ensure that all balance sheet schedules are
prepared & reconciled as per corporate criteria. 100%
reconciliation was achieved.
• Analyzing journal entries related to sales and expenses.
• Responsible for timely capitalization of -xed assets for assets
useful life & run depreciation of all assets during month end
closing.
• Responsible for conducting Fixed Assets counts & reconcile
the results with ERP System.
• Variance analysis between Budget and actuals and reports
the reason for variance.
• Monthly Amortization of all Prepaid Expenses. (Rents,
Insurances & Others.)
• Review of AR and AP Aging and reconciliation with Trial
Balance.
• Review of payroll costing and reconciliation between HR data
and GL balance.
• Responsible for handling external requirements within the
Committed deadline and also coordinate with auditors.
• Managing and delivering Adhoc projects driving business
change.
• Responsible for all Accounts payable, Accounts receivable
and General Ledger data entry into the accounting System
• Recording daily Retail & Wholesale Collection from Outlet.
• Preparing reports regarding sales and daily collection from
retail outlets.
• Well versed with using Microsoft Dynamics (AX).
• Reconciliation of the Cash Transactions of Retail & Wholesale
sales.
• Maintaining and reviewing total debit & credit card sales.
• Reconciliation Bank account with system Bank account.
• Reconciliation accounts Receivable with the customer and
accounts Payable with company’s supplier every end of month.
• Detailed management by reporting on monthly, quarterly and annual reports relating to Income, Shortages of Fees and Student Aging Report.
• Reviewing reports regarding Fess collection from School Branches ( 27 branches).
• Responsible for all Accounts receivable and General Ledger data entry into the accounting System
• Responsible for account payables laying out various procedures to ensure proper payments within the time schedule. Reconcile suppliers’ accounts and other creditors.
• Lead to Bank Reconciliation - to ensure that the company's records are correct and that the bank's records are also correct
with all related transactions.
• Scrutinize cash flow statement preparation, credit control matters; also coordinate with auditors during internal audits
• Reconciliation accounts Receivable with the Student Due fees.
• Prepare the closing and adjustments entries for the period/year end.
• Directs preparation of or prepares studies, reports, and analyses in areas such as budgets,
• Forecasts, financial plan, cash flow projections and business forecasts.
• Well versed with using Microsoft Dynamics (AX 2012).
• Petty cash control - Complete a petty cash reconciliation form, in which the petty cash holder lists the remaining cash on hand, vouchers issued, obtain cash and add cash to petty cash fund and record in the general Ledger.
• Responsible for all Accounts payable, Accounts receivable and General Ledger data entry into the accounting System
• Recording daily Retail & Wholesale Collection from Outlet.
• Preparing reports regarding sales and daily collection from retail outlets.
• Drafting and following up of Purchase Order.
• Well versed with using Microsoft Dynamics (AX).
• Reconciliation of the Cash Transactions of Retail & Wholesale sales.
• Maintaining and reviewing total debit & credit card sales.
• Reconciliation Bank account with system Bank account.
• Reconciliation accounts Receivable with the customer and accounts Payable with company’s supplier every end of month.
• Weekly, Monthly and Quarterly reports relating to Revenue, Labor utilization, Profitability. These reports are submitted to Directors’, Managers‘& Finance Department.
• Involving routine Monthly Profit & Loss Accounts, Inventory Control, Budgets, and Setting up of standards and periodic analysis of the same.
• Project Costing, Job Costing.
• Coordinating with Customers regarding Operations, Payment collection
• Coordinating with Group Finance Dept. relating to finalization of Accounts
• External Audit and other varied jobs.