Senior/Chief Accountant
Al Hathboor Enterprises Wll
Total years of experience :15 years, 2 Months
• Maintains and balances subsidiary accounts by verifying, allocating, posting, reconciling accounts payable and receivable;
• Preparing balance sheet, profit and loss, and MIS report.
• Preparing Letter of credit and Letter of guarantee. Maintain and follow up till the closure of LC with lesser discrepancies.
• Preparing payroll by initiating computer processing; printing checks, verifying finished product.
• Maintain and scheduling general ledger accounts; providing information for auditors.
• Support month-end and year-end close process
• Submission of informative reports periodically to management to maintain sales and reduce expense.
• Maintain petty cash, bank transaction - Salary, Fund transfer, LC/LG.
• Maintain a proper communications with the finance department of customers, suppliers, bank officials and local service providers.
• Follow up with Customers in order to reduce AR turn over days.
• Resolving financial discrepancies with customers and suppliers.
• Notify sales department - Customers overdue, outstanding, reaching credit limit
• Keep updated on the accounting software’s, to obtain error free transactions and an updated report as and when is needed.
• Review and recommend modifications to accounting systems and procedures
• Manage accounting assistants and bookkeepers
• Secures financial information by completing database backups
• Protects organization's value by keeping information confidential
Responsible for day to day finance and accounts operations
Prepare invoice voucher as per the purchase order of the customers.
Prepare receipt voucher and follow up with the customers for unpaid invoices.
Prepare payments for the suppliers based on the due date and credit position.
Makes wire transfers and journal funding transfers and check balances of subsidiary accounts by verifying, allocating, posting, reconciling transactions; resolving discrepancies.
Prepare purchase order as per the store requisition.
Cost control - including processing vendor invoices and performing cost allocations of purchases made through import and local vendors.
Prepare required Journal vouchers for vendors, fixed assets and transactions.
Maintain and responsible for Petty cash dealings.
Salary statement preparation and making salary payment by bank transfer and cash.
Cross checking the quotations and give approval for final submission.
Prepare Letter of Guarantee and Performance bond.
Prepare reports for unpaid invoices, pending projects and purchase orders.
Enter purchase, invoice, receipts, payments vouchers in the system software (Daceasy)
Maintain monthly consolidated financial statements, payments, cash-flow management reporting.
Prepare statement of accounts to customers.
Prepare and reconcile the bank account statement.
Ensuring day to day smooth running of the office.
Receive and record invoices and arrange payments.
Prepare regular reports and summaries of accounting activities.
Maintained Daybook and registers.
Credit control and collection of accounts payables and receivables.
Reporting fund position at the end of the day.
Enter credit bills, bank bills, and petty cash in the excel sheet, verify all entries and posted to the ledger.
Furnish such information such as bank’s transactions as may be desired by the management.
Respond to queries of potential clients & involve in follow ups; and convert the potential leads into actual customers.
Cash collection, deposit the cheques and cash in the bank.
Checking invoices and enter transactions in ERP accounting software
Preparing cash and cheque payment, dispatching the payments to the suppliers
Maintain Registers and document filing
Preparation of monthly Bank Reconciliation Statement
Service tax calculation.
