SENIOR ACCOUNTANT
Conserved Foodstuff Distributing Co
Total years of experience :7 years, 9 Months
• Invoice Verification: Checked both local and international purchase invoices (Stock, Non-Stock and Services) by ensuring accuracy and compliance as per SOP to maintain financial integrity.
• Procurement Efficiency: Improved processes by evaluating, reviewing (stock levels, turnover rates, budget compliance) and approving LPO using the SAP-MM system.
• Letters of Credit Preparation: Prepared Letters of Credit, contributing to efficient procurement processes. • Bank Reconciliation: Regularly balanced the bank ledgers to ensure financial position accuracy.
• Intercompany Ledger Management: Handled intercompany ledgers, promptly resolving discrepancies to attain accurate financial reporting and transparency of organization.
• Budget Reconciliation: Ensured the general ledgers (OPEX) aligned with the budget on monthly basis for fiscal discipline.
• Production Analysis: Analyzed production variance reports to identify cost and material variance versus budget and actual, suggested cost-saving measures to management.
• Forecasting Proficiency: Demonstrated skill in monthly forecasting and budgeting cash reserves for smooth operations.
• Vendor Reports: Managed vendor aging reports, ensuring strategic payment schedule for efficient cash flow and strong vendor relationships.
• Cash/Bank Oversight: Acted as a guardian for cash and bank-related entries, ensuring accuracy before approval.
• Payroll: Oversee payroll and WPS processing, review for accuracy with ledger, and address any discrepancies.
• Inventory and Cash Audits: Conducted periodic and surprise audits to maintain a precise financial balance.
• Month-end Procedures: Conducted month-end closing procedures, crafting accurate provisions, accruals, and all financial activities for timely financial statements with variance analysis versus budget for Finance manager review.
• Fixed Asset Register Maintenance: Managed a comprehensive fixed asset register, handling additions, disposals, and transfers.
• Margin Analysis: Played a role in preparing weekly, monthly, and quarterly gross and net margin analyses by brand, channel, and customers for management review.
• Budget Support: Provided crucial support to the finance manager in budget development, offering historical financial information and data analysis.
• Internal/External Audit: Coordinated with auditors for ensuring timely completion and compliance for audit requirements.
-Verifying Supplier invoices.
-Booking Supplier invoices in SAP.
-Maintain record for outstanding payments.
-Management of Prepaid & Accruals.
-Preparation of Monthly petty cash statement and - booking the cost in SAP.
-Monthly Payroll-WPS Upload & Booking.
-Prepare General Ledger Reconciliations.
-Bank Payments and registration.
-Verifying Supplier Invoices and processing for payment.
-Preparing monthly customer ageing report and follow up.
-Review and Analysis of General Ledgers.
-Preparation of bank reconciliation statement.
-Preparation of monthly bank reconciliation statement.
-Handling of petty cash & preparation of weekly expense report.
-Identifying the nature of Expenses and booking the same.
-Processing Staff Monthly salary based on approved Attendance sheet.
Passed competence management accounting on following areas; A-External Financial Reporting Decisions. B-Planning, Budgeting and Forecasting. C-Performance Management. D-Cost Management. E-Internal Controls. F-Technology and Analytics.