General Accountant
S.F Post Tensioning LLC
Total des années d'expérience :10 years, 4 Mois
Accounts Receivable
• Carrying out bank reconciliation for all companies (Receipts & Payments) as per Sage GL.
• Monthly Cash flow Opening & Closing with the Managing Director for target collection & payments to suppliers & etc.
• Ensuring that all Payment applications are submitted to clients for payment certifications through proper coordination & communication w/ our commercial department.
• Preparing & generating customer SOA for payment processing.
• Daily follow up to clients (calls/emails) to achieved monthly target collection.
• Weekly update of forecasted payment collections and make sure to achieve at the end of the month.
• Arranging payment collections & deposits to banks (Cash/Cheque).
Accounts Payable
• WPS Salary Computation - Monthly, Leave Salary & Final Settlement of Office Staffs, Site Engineers & Labors.
• Quarterly VAT filing.
• Create monthly journal entries and schedules (prepayments, accruals, depreciation, leave salaries & gratuity)
• Monthly Inter Company reconciliation of accounts balances.
• Maintain accounting ledgers by verifying & posting account transactions.
• Reconcile company credit card transactions & charge to specific expenses or accounts.
• Provide full support by providing all required documents and reconciliation of accounts for yearly Audit Report.
• Managing the company’s financial cash flow & responsible for financial reporting.
• Overseeing the company’s fiscal activity, including budgeting & reporting.
• Assuring legal and regulatory documents are filed and monitor compliance with laws and regulations (VAT registration, Bank Account Opening, DEWA & Etisalat registration).
• Preparing Monthly Profit & Loss Statement, Quarterly Balance Sheet & Cash flow management & budgeting.
• Disseminating the business to our fellow expats, particularly to those who require additional income.
• Daily recording of Sales Invoices to monitor the day to day activities.
• Daily recording of Purchases to monitor the actual inventory & replenished those beyond the limit.
• Quarterly VAT computation of Sales & Purchases for VAT filing.
• Manages Payable of the company such as suppliers, bills (dewa & etisalat), rent & etc.
• Daily checking of sales report & make sure cash & credit card transaction is well reported.
• Daily issuance of Sales Invoices with average monthly turnover from 12M - 14M local & export.
• Monthly target collection of 10M - 12M from local & export customer.
• Daily recording of bank receipts to generate SOA & monitor due invoices.
• Monitors & analyzes monthly aging reports of customers due invoices.
• Computation of third party commission on sales base on collected amounts from customers.
• Quarterly computation of Salesman commission.
• Import/Export Bill Collections including Letter of Credit preparation & submission of document in the bank.
• Perform Bank Reconciliation of 8 banks with multiple currencies including KSA banks and Inter Company Reconciliation.
• Daily communication in the bank either mail or phone call to follow up bank transactions.
• Handles Inventory Monitoring for sales availability, Communicate with other department for stock issuance and issue resolution, Reconciliation and creation of adjustments.
• Prepares Bank Transaction like Bank Transfer, Letter of Credit, Trust Receipt and Purchase Invoice Financing.
• Facilitates all company’s banking transactions such as deposits, withdrawals, cheque book request, and authorization letter to request Statement of Accounts (SOA).
• Manages accounts payable of the company such as suppliers, bills, and loan to other creditors.
• Performs Supplier Account Reconciliation, verify and notify the supplier for any correction or adjustment needed in ensuring that their balance is tallied with the company’s record.
• Prepares CDC & PDC for due invoices to suppliers.
• Cheque discount & TR (Trust Receipt) preparation.
• Monthly amortization of prepaid rent of 4 Warehouses, 4 Shops, Staff Accommodation and Villa rent expense.
• Prepares of SIF (Salary Information File) for Al Ansari Exchange salary of employee.
• Calculates employee’s final settlement upon End of Contract or Resignation and assists basic computer trouble shooting base on my intellectual capacity and skills learn.
• Check & verifies weekly & monthly farm reports of hogs count & medicines.
• Ensures that the given reports are comprehensive before encoding it into the SAP.
• Maintains the inventory of livestock population without variance.
• Discussion with the head officer and APS regarding the reports and clarification and making recommendation and solution to the problem.
• Submits computed summary of farm efficiency performance weekly and monthly to the Head officer and APS to have a basis of weekly meeting to be discuss.
• Updates day to day transaction into the SAP using different transaction codes.
• Processes Billings by the company (Power bill, Internet bill, Phone bill and others) encode it to the SAP.
• Computation of Farm Liquidation before creating a Payment Request Memorandum into the SAP.
• Makes and receives day to day transaction calls by the other department of the company.
• Attends training and seminars conducted by the company as additional knowledge to their employee.