RECEIVABLES ACCOUNTANT (CREDIT CONTROLLER)
AL ABBAS GROUP
Total years of experience :13 years, 7 Months
Working as a team member for finance.
Post Cash/Cheque receipts in to internal systems & Update accounts receivables by customer wise.
Maintain accounts receivables customer files and records.
Research & process charge backs, returns, bounced cheques/unallocated cheques
Assisting in the Preparation of Journal entries, processing adjustments as necessary and monthly preparation of cash flow forecast.
Support A/R Financial close and associated reporting, including adherence to system of Internal controls.
Credit Control, ensuring Debtor/ Creditor days are within company goals.
Daily maintenance of all accounts & ledgers.
Up-to-date Invoicing in oracle & Send Invoices to Clients.
Communicate with customers via phone, email other channels.
Supporting Chief Accountant for all accounting works
Contacting customers for missing or unclear payment details.
Daily maintenance of all accounts & ledgers.
Detailed analysis of AR Accounts.
Maintaining Debtor/ Creditor control accounts. Post Invoices, reconcile statements, deal with queries.
Tracking of cash and Bank and deposits.
Co-Ordination with external auditors for audit activities.
Maintain petty cash and record petty cash expenses
Preparation of Bank Reconciliation Statement
Assist in the preparation of monthly management Accounts.
Additional adhoc tasks
Assisting for VAT & Reconciliation.
Reviewing of Journal entries & completion of general ledger operations.
Report to Regional finance manager daily, and periodically regarding the finances of company.
Follow-up daily sales reports and confirm same is deposited to bank; analyze any discrepancies and take urgent actions.
Follow-up and manage petty cash payments of office and warehouses.
Monitor the cost sheets and prices to ensure that goods are sold as per the agreed margin.
Post Cash/Cheque receipts in to internal systems & Update accounts receivables by customer wise.
Prepare daily cash position of the company and distribute to all concerned.
Preparation of Payroll and staff Salaries & Review accounts payable and accounts receivable.
Ensures that a fixed assets register is maintained and all company fixed assets are recorded appropriately with their relevant depreciation
Prepare bank reconciliations and dispatch all bank statements to Finance Manager.
Maintains bank accounts and controls the check -books received from banks securely; and ensure proper issuance of checks.
Maintains proper financial archives system.
Maintain Legal documents of the Company & renewal on time prior to their expiry date.
Coordinates, Monitors and participates in the physical inventory of stock and assets.
Handle miscellaneous payments and processing correctly in the accounting system as per directives.
Develop, maintain, and analyze budgets, preparing periodic reports that compare budgeted costs to actual costs locally.
Assisting in the Preparation of Journal entries, processing adjustments as necessary and monthly preparation of cash flow forecast.
Support in the preparation of budgetary presentations & and assist in the preparation of budgetary findings to the management.
Handle GST & Income tax submission and Preparation of monthly/quarterly and need based MIS reports
Liaise with the auditors to complete the audit tasks.
Review the VAT compliance requirements regularly and set-up the process within the company to ensure the compliance.
Timely preparation of VAT reconciliations, VAT reports, VAT returns for the review and finalization; Timely filing and payment of VAT
Provide general administration tasks as required by management
Review petty cash and record petty cash expenses, Preparation of cash flow statement, Sound knowledge of Profit & Loss a/c and Balance sheet
Tracking of Incoming Shipments, Liaising with clearing agents on Cargo clearance with customs.
Performs any related tasks assigned by the Regional Finance Manager.
Prepare daily income/sales and prepare daily journal entry.
Preparing tax computations and returns.
Handling Receivables and payables for Zayka ltd.
Day to day posting Entry of the Transactions.
Reconciliation of Bank Statements.
Processing vendors payment on due date and executing cash payment for all cash purchase.
Managing Debtors and creditors and give instructions to subordinates for credit collection.
Act as a Purchasing Manger for Zen oriental Cuisine.
Preparation of Payroll and staff Salaries.
Handling of Petty Cash
Purchasing and selling of Foreign Currencies.
Any other duties as assigned by Managing Director.
Processing of ESOP applications for allotment of shares on weekly basis
Preparation of ESOP cycle data
Calculation and collection of FBT
Updating Fund register, FBT status, FBT workings & Exercise register
Preparation of Bank Reconciliation Statement
Preparation of MIS report: Weekly, Monthly, Quarterly, Yearly
Handling receivables and payables regarding ESOP
Helping the employees in opening DEAMT and trading account
DIS and MIFT writing and preparation of head count report
Assisting the employees in selling the shares without cash (Exer Sale facility)
Collecting the resignations from HR and update the ESOP data base monthly
Interacting with KARVY Stock brokering limited regarding shares related matters
Reimbursements of excess money received from the ESOP holder