Senior Executive - Accounts
easa saleh al gurg group
Total years of experience :18 years, 11 Months
Preparing monthly departmental Budget & Variance Analysis with explanation for CFO/GGM review.
Monthly MIS Reporting, highlight financial KPI's
Ensure adherence to IFRS/IAS Compliance.
Ensuring proper DOA & Financial/Accounting policies are followed.
Reviewing all sales/ purchase contracts.
Checking supplier payments above 100K for the Group companies & all payments for Head Office.
Checking supplier/Customer Account reconciliations.
Implement necessary changes in policy and process related to the accounts payable and receivable functions to increase efficiency & Compliance.
Ensuring all month end provisions are made such as prepayments & accruals.
Debtors/Creditors ageing analysis, scrutinizing the aged AR/AP
Scrutinizing the GL codes in SAP, ensuring proper accounting as per the Accounting Standards
Recommending credit increase/new customers credit limits through SharePoint for group companies.
Acting Chief Accountant in absence of any of the 23 entity CA's
Compiling various Audit schedules for external audit.
Managing
• Overseeing a team of 06
• Monitoring Transactions entered to ensure proper Account coding.
• Finance
• MIS Reporting based on IFRS.
• Ratio Analysis
• Assisting the Finance Manager in yearly Budgeting & Sales Forecast.
• Monthly Overheads Variance Analysis
• Preparing monthly cash flow
Trade Finance
• Export & Import LC Documentation & ensuring proper documentations as per UCP requirements.
• Liaising with the Banks for negotiation of Export LCs.
Payables & Receivables Accounting
• Checking & Approving payments
• Checking & Approving daily petty cash payments.
• Maintaining Fixed Assets & Capex Schedules
• Monthly Stock Reconciliation
• Checking Suppliers Account Reconciliation
• Checking Sales Invoices
• Debtors ageing analysis
• Ensuring Timely Receipt of Payments
• Checking of Prepayments & accruals
• Calculating & Preparing Agents Commission statement
• Calculating & Preparing Clients Rebate statement
• Monthly Bank Reconciliation
• Preparing Various Audit Schedules
Cost Accounting
• In charge of Production Job costing
• Maintaining Job cost reports & updating the same to Job Officers
• Analyzing each Job based on the estimation
• Generating various statistical reports as required
