Accountant
AL SHAFAR INTERIORS LLC
Total years of experience :17 years, 7 Months
• Preparation of Monthly fund flow and presented to Head office for fund collection and maintaining project wise fund requirement.
• Preparing Monthly Bank Reconciliation, vendor Reconciliation and daily fund requirement.
• Solely responsible for Accounts Payable process along with teammate.
• Solely responsible for payroll process of staff and workers as per UAE laws
• Preparation of Final Settlement, Calculation of Gratuity and Leave Salary as per UAE Laws.
• Passing the month end entry for closing of books of accounts.
• Preparation budgets & forecast coordination with estimation team and procurement department and production team
• Inter-Company Reconciliation and Inter-division Reconciliation.
• Preparation of Vat report and Send to Head office for filling.
• Follow-up with the head office for online payment approval from CFO and Signatory as
• Co-ordination with team for day to day accounts.
• Co-ordination with banks for payment, limits and proposal etc.
• Examine and analyze accounting records, financial statements and other financial reports to assess accuracy, completeness and conformance to reporting and procedure standards.
• Solely responsible for timely deposit of all statutory dues and timely filling of all returns (GST/TDS/PF/ESI)
• Monthly Closing of books and accounts of all companies.
• Coordination with statutory auditors.
• Maintaining the Debtors Ageing & Creditors Ageing & Inter Company Translations and branch Reconciliation.
• Handling the Team of 8 people & Taking feedback for improvement in the process & Timely meeting the deadline.
• Preparation and finalization of Balance Sheet and Tax Audit as per revised schedule VI.
• Applying for New of GST Registration and filling of Monthly Return as per GST Laws.
• Finalization of Balance Sheet of Various Clients as per Schedule VI and Tax Audit.
• Prepared and filed tax returns for corporate & individuals.
• Filling of TDS Return, TCS Return and Service Tax Return of Clients.
• Leading and Support to Ground Staff to conducting audits and finalization of book of accounts the various clients.
• Preparation & Finalization of Balance Sheet Reconciliation on WD-09 & WD-15 on Monthly basis.
• Preparation of Prepayment JV, Accrual JV, Terminal Gratuity JV, PC Correction JV, Off-PC Correction JV, P/Effect JV, Banking Clearance JV, WBS Clearance report on monthly basis.
• Monthly closing of payroll accounting through different journal voucher of Clients.
• Extracting the Management Packs from Portal & run the Macros on the packs and finally report to group.
• Projection Plans for next year uploading in SAP.
• Uploading the BS Reconciliation on Questor on WD-09 & WD-15.
• Preparation of various Trackers to ensure the completeness of various SLA’s.
• Maintain good relationship with the counterparts.
• Maintaining the Debtors Ageing & Creditors Ageing & Inter Company Translations.
• Handling the Team & Taking feedback for improvement in the process & Timely meeting the deadline.
• Review & Approving day to day various accounting vouchers and monitoring on monthly basis nature of expenses booked in correct heads.
• Preparation of MIS on monthly basis and report to management on timely basis.
• Solely responsible for Debtors Management and Creditor Management.
• Solely responsible for timely deposit of all statutory Tax and filling of all return. (WCT / Service tax / VAT / TDS / PF / ESI / Labour Cess)
• Preparation and finalization of Balance Sheet & Profit & Loss a/c as per % of Completion method and as per company act.
• Ensuring all vendors bills are booked as per purchase order and ensuring payments being collected as per the due dates.
• Liaising with the bank for process of project and timely disbursement of loan.
• Liaising with various government authorities for smooth functioning of project.
• Reporting to Directors regarding progress in project.
• Tie-up with the different banks for Home Loan Approval of the project and & timely disbursement of loans of clients.
• Coordination with Internal Auditors & statutory auditors
• Responsible for conducting statutory audits as per Company’s corporate compliance policies
• Responsible for conducting Stock audits for Management internal control check to ensure company’s profitability and smooth running of business as per Company’s corporate compliance policies
• Accountable for appraisal of quarterly / annual accounts with special emphasis on capitalization of assets, inventory management, ageing of loans / advances / claims / debtors, banking activities, etc.
• Prepared and filed tax returns for corporate & individuals.
• Preparation of service tax return for various clients.
• Conducting Tax Audit for various Clients as per guidance note of ICAI.
• Verification of project report and certifying the project expenses for various sites in against of grant received from government.
• Verification of prime location charges (PLC) of mart allotes for IEML.
• Worked as an advisory and provide consultancy to clients regarding Indirect and Direct taxes.
• Verification of statutory liabilities like ESI, Provident fund and TDS as per their respective Acts.
• Registration of service tax, TIN no. and Companies.
• Preparing the audit related documents and other supporting Documents.
• Maintaining the fixed assets schedule according to income tax and company law.
• Preparing the quarterly TDS return & Service Tax return.
• Preparation of Bank reconciliation, Vendor reconciliation
• Making the Provisional Balance Sheets & P&L A/c on Quarterly Basis.
CA INTER FROM ICAI