Accounts Payable Executive
TASC Outsourcing
Total years of experience :3 years, 2 Months
• Bank, VISA and credit card reconciliation
• Verifying and recording supplier invoices/expenses in the accounting system (RAMCO & Tally) with the proper period, account and tax codes
• Preparation of bank paper works
• Amortization and accrual entries assigned for month-end closing
• Bank balances circulation
• Keeps tract on CEO’s personal payments
• Preparation of Balance Sheet Schedules
• Vendor and Subcontracting payments (Within/Outside UAE)
• Verifying and recording supplier invoices/expenses in the accounting system (Quickbooks & Dartech) with the proper period, account and tax codes
• Making sure that before payment to suppliers, the invoices must be approved by the concerned department’s head and within the budget range
• Preparing cheques which should be properly maintained in a file for further references, and telegraphic transfers for purchases made overseas
• Maintaining records of supplier accounts to avoid payment mistakes
• Performing petty cash, bank and creditor card reconciliation; clearing reconciling items; and assisting with process changes to reduce reconciliation issues
• Assisting the Finance Manager in the preparation of periodic financial statements
• Assisting in the preparation of accounts for yearly audit and assist auditors
• Have a strong understanding of the UAE VAT, thereby assisting in the tax submission
• Checking/reviewing recording in the different books of account
• Preparing financial statements on a quarter, semi-annual and annual basis
• Preparing various schedule supporting the financial statements
o Schedule of Fees Receivable
o Schedule of Receivables/Receivable - Others
o Schedule of Advances to Officers and Employees
o Schedule of Accounts Payable/Accounts Payable - Others
o Schedule of Loans Payable - Current
• Preparing monthly bank reconciliation statement
• Checking/reviewing entries in the journal entries
• Performing other related tasks as may be assigned