Senior Accountant
Seas & Deserts Group
Total years of experience :17 years, 0 Months
Seas & Deserts Group Kuwait.
* Handle full spectrum of financial and cost accounting role e.g. AR, AP, GL, forecasting,
budgeting etc
* Responsible for day to day finance and accounts operations
* Perform full set of accounts and ensure timely closing of accounts.
* Perform project cost forecasts/budgets, cost tracking, monitoring and controls.
* Responsible for timely monthly consolidated financial statements, payments, cash-flow
management reporting for submission to CFO/GM
* Review & approve payment vouchers & journal entries.
* Perform cash flow forecasting, budgeting and working closely with the operations and
project teams in analyzing margins, variances and cost analysis.
* Develop and maintain internal control and effective accounting system and policies for the
set up.
* Ensuring that intercompany cost allocations are in line with management agreements and
transfer pricing policy.
* Work consultatively with the respective departments on cost reduction initiatives.
* Prepares and records asset, liability, revenue, and expenses entries by compiling and
analyzing account information.
* Maintains and balances subsidiary accounts by verifying, allocating, posting, and
reconciling transactions and resolving discrepancies.
* Maintains general ledger by transferring subsidiary accounts, preparing a trial balance,
and reconciling entries.
* Summarizes financial status by collecting information and preparing balance sheet, profit
and loss, and other statements.
* Produces payroll by initiating computer processing; printing checks, verifying finished
product.
* Completes external audit by analyzing and scheduling general ledger accounts and
providing information for auditors.
* Preparation annual external audit examination and complete requested materials.
Preparing assigned schedules for the annual and interim audit.
* Preparation and finalizing Importing Letter of Credit (L/C) and Letter of guarantee(L/G)
Coordination with Banks regarding L/C opening negotiations, Enhancement of L/C limits
and preparation of imports & Exports schedules.
Preparation of Monthly Schedules of Accounts Receivable, Accounts Payable
2
* Preparation fixed assets register and record to the General Ledger. Provide fixed Assets
depreciation with analysis for reports
* Preparation of Banks Statements Reconciliation with Book Balances.
* Handling data entry related to Accounts Receivables and reviewing incoming payments,
Reconciliation of Advances, Ageing analysis and monitoring of delayed payments.
Continuous follow up Clients
* Entering Invoices after receiving documents from store. Preparation of reconciliation of
advances, ageing analysis and monitoring of delayed payments
* Review petty cash and processes reimbursement.
* Ensure incoming product is receipted and managed appropriately according to company
procedure.
* Manage all accounting transactions
* Prepare budget forecasts
* Publish financial statements in time
* Handle monthly, quarterly and annual closings
* Reinforce financial data confidentiality and conduct database backups when necessary
* Comply with financial policies and regulations