Chief Accountant
Danway LLC
Total years of experience :23 years, 11 Months
Monitors implementation of department policies and procedures.
Suggest and implement Internal Controls and over financial transactions and processes.
Ensures compliance with adhering to the international standards of accounting and International Financial Reporting Standards.
Ensure the correctness of the reports before submitting to the external parties such as Partners and Bankers.
Responsible for monitoring and controlling of all financial activities within the organization ensuring costs are within the company-wide established operational budgets.
Provides timely, complete, and accurate financial statements such as Income Statement, Cash Flow, Balance Sheet, and other related accounting reports needed periodically by the management for decision-making.
Verifies and signs all payment and receipt vouchers.
Recommends or suggest introduction of new or modification of existing policies related to Finance Department.
Managed company's financial accounting, monitoring and reporting systems
Prepared and consolidated regular financial statements and accounts, such as profit and loss accounts
Monitored and analyzed cash flow, costs and budgets - Actuals vs Projections
Analyzed and interpreted the company’s financial performance
Forecasted and planned future spending and profits
Recommended ways to reduced costs and increase profits
Provided external auditors with company reports and financial data
Managed a team member of accounting
Prepared company's payroll, credit control and bookkeeping systems
Generated accurate financial reports to specific deadlines;
Implemented and maintained internal and external financial controls and procedures
Reviewed and processed expense reports
Oversee the billing and credit control functions, working closely with the Office Administrator on setting targets for effective working capital management
Maintained and developed financial control procedures
Ensured that key exposures are monitored and controlled, including specifically unbilled time and outstanding receivables and cash flows
Generated management accounts including providing commentary and analysis on financial performance
Processed payroll, accounts payable, disbursement and petty cash entries
Monthly reconciliations of bank accounts
Monthly 0analysis of actual vs budget variances
Liaised with external accounts and other authorities
Oversee the production and delivery of year-end accounts for review by external auditors
Maintained Accounts Payable and Accounts Receivable.
Was responsible for Fixed Assets accounting; depreciation calculations and Deferrals.
Managed and tracked inventory, prepared periodic and quarterly inventory reports.
Prepared various journal entries for the period-end closing.
Assisted Chief Accountant with various tasks including financial closing and preparation of financial statements.
Resolved discrepancies and performed periodic and quarterly accounts reconciliation.
Was responsible for the timely and accurate payment of rent in accordance with contracts.
Negotiated payments from outstanding accounts.
Researched aged invoices and statements; managed vendor-relations.