Sn. Accountant
IDC
Total years of experience :19 years, 10 Months
Expert in preparation for Tax filing as per UAE, FTA regulations
Maintain complete books of accounts independently up to finalization.
Ensure budgets are strictly maintained, payroll and reconciliations are complete.
Maintain all general ledger accounts with its supporting transaction documents.
Handle settlements and collections of due account receivable on regular basis including follow-ups.
Process payroll, prepare bank reconciliation and financial statements.
Documents financial transactions by entering account information.
Complies and analyze to financial information to prepare to prepare financial statements including monthly and annual Accounts
Prepare financial management reports as needed and ensure accurate and timely monthly quarterly and year end closing processes are adhered.
Resolve all accounting discrepancies and irregularities.
Maintain Petty cash accounts and monitor/replenish as necessary.
Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports.
Substantiates financial transactions by auditing documents.
Prepares payments by verifying documentation, and requesting disbursements.
Complies with federal, state, and local financial legal requirements by studying existing and new legislation, enforcing adherence to requirements, and advising management on needed actions.
Maintains customer confidence and protects operations by keeping financial information confidential.
Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies.
Prepare for monthly payroll along with WPS System
• Proactively provide monthly cost reports to the business so that they are held accountable for their variances against forecast and budget.
• Work with the business to make sure that the latest forecast is as accurate as possible to ensure that variances are kept to a minimum.
• Review cost allocation of overheads, indirect costs and ensure it is accurate and in line with best practice and business needs.
• Review and analyse inventory and margin reports, conduct research and perform analytical studies in regards to cost analysis and profitability.
• Review company bottlenecks and recommend changes to improve the overall level of company throughput.
• Review month end closing and reporting and identify cost trends. Investigate and report on unusual trends.
• Gain an understanding of each business area so as to assess the financial risks and opportunities.
• Implement, monitor and provide continuous improvement in the standard work procedures for appropriate cost accounting procedures and methods. Conduct and analyze audits of costs and prepare reports.
• Maintain a documented system of costing policies and procedures.
• Identify Food costs accounting, transfer pricing and produce reports to support SM in analysis.
• Prepare, analyse and report weekly, monthly, quarterly gross margin analysis by product type and customer type.
• Analyse cost accounting data and assist with cycle count/physical inventories. Ensure internal controls are robust and active.
• Prepare presentations and progress reports, on food costs, yield analysis KPIs.
• Proactively analyse data and identify trends in cost analysis, food cost and revenue trends.
• Prepare work papers and summarise the actual spend versus budgets and variance analysis on Food costs, menu changes and laundry.
• Support the technology strategy of finance by assisting with implementations through testing of new systems.
• Define & develop metrics and tracking system for major cost drivers
• Ensure all policies and procedures for all cost accounting activities are up to date.
• Analyse financial performance against key business metrics and document pertinent financial highlights that will enable management to determine progress against budgets.
• Coordinate with IT department for system issues, maintenance and development of cost accounting system with high levels of integration with production, purchasing, and FCS.
• Assist with cost data and analysis to aid preparation of on operational decisions with financial impact such as buy/hire, outsource/in-house.
• Assist with cost data and analysis to aid Procurement analysis.
• Must support internal and external audits and perform special projects or other duties as required.
• Maintain a safe and clean work environment.
• Comply with all relevant quality, health, safety and environmental management policies, procedures and controls
Prepares asset, liability, and capital account entries by compiling and analyzing account information.
Documents financial transactions by entering account information.
Recommends financial actions by analyzing accounting options.
Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports.
Substantiates financial transactions by auditing documents.
Maintains accounting controls by preparing and recommending policies and procedures.
Guides accounts asst. by coordinating activities and answering questions.
Reconciles financial discrepancies by collecting and analyzing account information.
Secures financial information by completing data base backups.
Maintains financial security by following internal controls.
Prepares payments by verifying documentation, and requesting disbursements.
Answers accounting procedure questions by researching and interpreting accounting policy and regulations.
Prepares special financial reports by collecting, analyzing, and summarizing account information and trends.
Maintains customer confidence and protects operations by keeping financial information confidential.
Accomplishes the result by performing the duty.
Contributes to team effort by accomplishing related results as needed.
Administrative assignments
Prepares and records asset, liability, revenue, and expenses entries by compiling and analyzing account information
Maintains and balances subsidiary accounts by verifying, allocating, posting, reconciling transactions; resolving discrepancies
Maintains general ledger by transferring subsidiary accounts; preparing a trial balance; reconciling entries
Analyze and Summarizes financial status by collecting information; preparing balance sheet, profit and loss, and other statements
Develop and document business processes and accounting policies to maintain and strengthen internal controls
Produces payroll by initiating computer processing; printing checks, verifying finished product. Completes external audit by analyzing and scheduling general ledger accounts; providing information for auditors
Prepare financial statements and produce budget according to schedule
Spot errors and suggest ways to improve efficiency and spending
Produce error-free financial information and summarize financial status
Avoids legal challenges by complying with legal requirements
Review and recommend modifications to accounting systems and procedures
Support month-end and year-end close process
Secures financial information by completing database backups
Protects organization's value by keeping information confidential
Co-manages accounting assistants, bookkeepers, and cashiers
Attend meetings when necessary* Perform other related duties as needed
54%, MASTERS IN COMMERCE (M.COM)
75% DISTINCTION, POST GRADUATE DIPLOMA IN COMPUTER EDUCATION
60%, BACHELOR OF COMMERCE (B.COM)