Financial Accountant
nahdet misr publishing group
Total years of experience :17 years, 3 Months
Recording the AP and AR checks
Bank Reconciliation
Cash Flow
Analysis all the expenses with the cost center
matching all the expenses with the budget
• Construct data accumulation systems for a cost accounting system
• Create and review the controls needed for data accumulation and reporting systems
• Coordinate physical inventory counts and cycle counts
• Investigate cycle counting variances and resolve issues
• Update standard costs in the bill of materials
• Review standard and actual costs for inaccuracies
• Validate the cost of goods sold as part of the month-end close
• Accumulate and apply overhead costs as required by generally accepted accounting principles
• Work with the materials review board to locate and dispose of obsolete inventory
• Conduct ongoing process constraint analyses
• Report on breakeven points by products, work centres, and factories
• Report on margins by product and division
• Report on periodic variances and their causes, focusing in particular on spending variances
• Analyze capital budgeting requests
• Perform cost accumulation tasks as a member of the target costing group
• Customers coding, data bases, credit limits, payment terms and Sysco system. According to credit policy.
• Handel the daily A/R accounting by settlement all recorded cash / cheque receipts data into the system and verify it.
• Monitoring the filling system of accounts receivable that includes the receivables receipts and any deduction related to ensure proper documentation.
• Proceed the month and closing for AR to insure proper month closing and clear collection cases.
• Work in accordance with collection department to reconcile the accounts receivable balances on a regular basis.
• Support the collection department on research of customer's discrepancies by need reports and documents.
• Proceed on confirming AR balances with customers and audit office ''PWC'' by mails, emails and follow up there replies.
• Verifying ended collection cash / cheque receipts books serials with system.
• Assist the accounting in monthly reconciliation of revenues accounts as well as performing other related duties as requested.
• Follow up invoices and credit notes confirmation.
• Follow-up internal sales between the companies group.
• Prepare and Follow up, collection plan "per month, per collector" according to the customer payment terms.
• Follow-up Advances Payment for customers.
• Follow up rejected check, customer's hard paid and legal action.
• Reporting the customer’s aging & other debits balance.
• DSO (Daily sales outstanding) per month, BU’S and PSR’s.
• AR Provision per customer.
• Trail Balance for Ledger & Sub Ledger.
• Organize a recovery system as supporting for collection department.
• Revising all Banks accounts, statements and following up with the bank accounts weekly.
• Preparing the bank reconciliation for all company banks.
• Controlling the Checks under collection and the returned checks from the bank and follow-up these actions with the bank & our AR Department
• Preparing the notes payable report monthly regarding to the due dates.
• Prepare all banks monthly reports contain the bank balances, bank interest, letters of guarantee and following-up currency exchange rates daily.
• Entry the cash on hand transaction for Euro and Dollar only to adapt both of cash account, cash on transit for purchasing currency.
• Give a hand to prepare the cash flow & LC
• Having strong relationships with banks.
• Receipt of all store items for the food and beverage store and public store.
• Review expiration date.
• Follow-up shipment of items.
• Follow-up packaging items.
• Follow-up items depot and issuing orders to buy items every week.
• Disbursement of all requests for items for each hotel departments.
• Monthly inspection of the stores and the bars and restaurants.
• Prepare PO's for all stores Food, Beverage, General
• Follow up in & out stock items for all stores food, beverage and general
Accounting And Business Administrative