Accounts Officer
Almarai Company
Total years of experience :14 years, 3 Months
Almarai Company - (Dairy & Bakery Industry) Kingdom of Saudi Arabia
Current Company Profile
Almarai is the largest integrated dairy foods company in the world with an unrivaled reputation synonymous with delivering excellence and quality across its entire range of products. Currently operating across the gulf region, Almarai employs over 45, 000 employees servicing some 40, 000 retail outlets with a turnover that exceeded $2 billion in 2011.
Job Profile:
•Audit products /company assets, depot loss, quality rejection and reporting to the Regional Accounting Manager
• Helping auditors for smooth auditing procedure during yearly depot internal audit
Riyadh - Saudi Arabia
Role:
•Identify the discrepancies in the invoice and record the observations for initiating corrective action
• Reconciliation of invoices, accounts on SARAS(Sales & Route Accounting System)
• Provide support to the team leaders, supervisor in creating, monitoring the incidents
• Provide necessary support in reconciliation of accounts between supplier/customer and Almarai.
• Taking approvals for financial transfers from Regional Manager Accounting, Regional Finance Controller, Regional Manager Sales & Logistics
•Audit products /company assets, depot loss, quality rejection and reporting to the Regional Accounting Manager
• Helping auditors for smooth auditing procedure during yearly depot internal audit
•Preparation of Petty Cash Vouchers & Reimbursement settlement on software (Petty Cash Management System)
• Reconciliation & Allocation of debtor payments and updating on the software (Debtor & TC Management System)
• Preparation of Daily Sales Report for the Sales Centers
• Preparing assets tracking reports and allocating assets to the company’s various depots and customers
• Financial Information Reporting for Daily Cash, Product Wastage, Exceptional Pricing, History Comparison, Cash book, Bank book, Bank Lodgment, Internal Control Check etc
• Prepare deposit summary, ensuring it is in compliance with the total cash received for the day and special drawdown
• Bank Reconciliation and updating on software (Cash & Check Management System
• Cash reception and deposit in Bank.
• Allocation of Barcodes for company assets.
• Update Master Customer Data and route transfer information on SARAS
• Taking onsite/offsite server backup on daily and weekly basis.
• Day Closing, Generation of Database Files for transferring on SAP
•File the invoices properly and maintain the invoices in safe custody and document it in a systematic manner easy for retrieval for audit and account receivable purpose
Award of Excellence Received in Almarai by Divisional Finance Manager & Finance Policy Regulatory Compliance
Credit Control and Monitoring Debtors Accounting
•Maintaining statutory books of accounts viz. journal, ledger, cash book and subsidiaries in compliance with time & accuracy norms.
•Presenting a true and fair view of the financial position of the company by preparing financial statements viz. P&L account, trial balance and finalization of Accounts.
•Monitoring company polices on commercial activities and Preparing Annual Budget and forecast.
•Manage Administering activities related to Bank, Vendor, & Others
•Preparing Creditors / Debtor’s reconciliation, Sales and Purchase Reconciliation statements.
•Significantly contributed in raising the fund and working capital for the company.
•Booking all Income & Expenditure
• Maintained Bank reconciliation statement & match cash book with Bank book
• Prepared payable statement & Receivable statement
• Reconciliation of Sundry Debtors A/c & Sundry Creditors A/c
•Prepare Cheques for various Payments
•Report Generation Balance Sheet, P.L A/C & Bill wise Details
•Finalization of Balance Sheet at the End of Financial
•Prepare CMA Data concerning Bank Loan & Coordinate with Bank & C.A
• Tax compliance: Work on D Vat, UP Vat, Maintain Vat Accounting, Prepare Statement for Vat Payable & Refundable Status, Online Vat Return Filing, Maintain TDS Accounting & online Return file
•Maintain Service tax accounting, Challan generation, & Return file in ST- 3, Prepare income tax statement & online return file, Prepare documents for ROC return with Coordination of C.A, Prepare Notice & Directors Report to Share Holders for Annual General Meeting
Prepare Financial Position Report to the Management
Prepare Quarterly Company Progress Report as Following :
1- Company cash liquidity position 2- Sales variation 3- Direct exp. Variation
4- Indirect Exp. Variation 5- Gross Profit Variation 5- P/L variation 6- Cash flow
5- Liquidity Ratios (for making short term outstanding/payments)
6 - Working Capital Ratio, Net worth of Company.
7- Control the Overheads & Maximize Profitability
Accounts Maintain:
•Prepare Payable Statement, Receivable Statement
•Maintain Vat Accounting & Prepare Statement for Vat Payable & Refundable Status
•Offline & online Vat return Filing
•Maintain Service tax accounting & Return file ,
•Maintain TDS Accounting & online Return file
•Prepare income tax statement & online return file
•Audit accounts for our clients & prepare report
•Report Generation Balance Sheet, P.L A/C & Bill wise Details
•Use digital signature in online return
•Work on Electronic E - Filing of Taxation software like Webtel, Spectrum Zen E- TDS
(Tax Return Preparer)
Gorakhpur
Role:
• As a Tax Return Preparer
• Wok for online UP Vat Return in Form 24
• Work on offline UP Vat Return in Form 24
• Prepare Tax Details for Dealer
• Prepare a Statement Regarding Vat Tax Refundable or Payable
• Generate Digital Signature for clients & file digitally return
:
:
:
: