Senior Accountant
Kerry Logistics Saudi Co Ltd
Total years of experience :16 years, 4 Months
• Performing accounting functions.
Posting daily transactions namely, Sales (Customer
Invoices), Purchases (Supplier Invoices), Receipts &
Payments etc
* Handling Bank Transactions (Deposits and Clearings) &
preparing Bank Reconciliation Statement.
* Managing Petty Cash Transactions & maintaining the Petty Cash
Imprest.
Posting month end Journal Entries for closing the period.
* Assisting the Accounts Manager in the preparation of Budgets.
* Assisting the Accounts Manager in the preparation of Financial
Reports / Statements, Trial Balance, Profit & Loss A/c, & the
Balance Sheet.
* Facilitating Internal & External Audit tasks.
Recording Cost of Production, Overhead Costs, for Production Lines
• Making Purchase Orders
• Matching Supplier Invoices with the Purchase Order & Goods Received Notes for processing Payments & updation of the Vendor Ledgers
• Preparing Sales Invoices, updating the customer ledger, sending statement of accounts to the customers for the balances due & outstanding
• Preparing Ageing Analysis of the Receivables & Payables
• Collection of receivable balances from the Customers, Bank Deposits & updation of the Customer Ledgers
•Preparing Bank Reconciliation Statement
•Generating Weekly, Monthly Production & Sales Report
•Preparing Staff Salaries
• Performing accounts payable functions.
• Verifying and posting invoices on daily basis and ensuring
expenses are recorded properly, accurately & on time.
• Analysing the nature of expenses to avoid any negative financial
impact.
• Accountable for reconciling:
(1) Accounts with supplier before releasing the payment & follow up with concerned department, in case of any Invoice/Bill not received.
(2) Trade Creditors Account with General Ledger Control Account on monthly basis to make sure all entries are accounted for proper reporting.
(3) Bank Statements.
(4) Inter-Company Accounts.
• Following up on Prepayment account and doing settlement of the
same upon completion of the job.
• Coordinating with all the department for proper documentations as
per the procedures agreed by the company and submission of the
invoices accordingly with proper approvals from the Business
Managers & Finance Manager, wherever required,
• Releasing payment as per the agreed terms with supplier without
follow ups and in relation with the cash outflows.
• Reviewing overdue payables.
• Responsible for managing:
(1) Vendor accounts and generating weekly on demand cheques,
(2) Financial departments with responsibility for forecasting accounts
payables.
• Assisting auditors for queries related to payable module & providing
the necessary documents as required.
• Ensuring compliance with accounting deadlines.
• Accounting in Peachtree.
• Handling receivables & payables.
• Handling cash & bank transactions, monthly bank, debtors and
creditors reconciliation.
• Handling Petty Cash Imprest.
• Preparing insurance claims & dealing with insurance companies.
• Processing staff payroll.
• Processing staff leave, gratuity, final settlements.
• Submitting monthly revenue statistics to the management.
• Creating trial balance, profit & loss account and balance sheet.