CONSULTANT (TRANSACTION AND REGULATORY COMPLIANCE)
AKW CONSULTANTS DMCC
مجموع سنوات الخبرة :1 years, 11 أشهر
• Client based consultant in a Gold refinery for both local and international transactions. « Performed in depth review of all transactions like recalculating the purity and actual weight of gold which must matched the analysis report and invoices.
• Checking documents and directly connected to the operation team of the client to ask certain data for internal audit procedure. Like if purity and weight of actual gold were not matched, asking the additional data if the difference was due to client gold sample or necessary report must be made.
• Engaged in the daily shipment for local and international with the required documents in line with UAE Law. Accepting and rejecting method in the clients gold software.
• Recalculated each transactions and identified which transactions must have or must issued comparison, red flag report and management approval.
• For International Shipments, checking all necessary documents and in depth review especially in the high risk countries where gold are imported.
• Checked clients TRN, Trade and Licenses, the bill of entry (customs), airway bill, commercial invoice, certificate of origin and packing list to determine where the gold originated and to assessed who were the consignee and if there were no unregistered third party client in regards to Anti-Money Laundering Act. « Planning and making tracking sheet of every month to determine the missing TRCs per month and analyzed and evaluate clients transactions.
• Amended and resolving issues/concern in preparation for external audit.
WORK EXPERIENCE
• Engaged in Statutory Reporting and assisting in the preparation of tax filing within assigned engagements/countries.
• Prepared financial statement of the clients within the Asia Pacific Countries. Prepared US GAAP to local GAAP bridging.
• Updated Trial Balance and adjusting entries in timely manner.
• Updated GAAP Bridging based on the new GL accounts, tax adjustments and provisions.
• Directly reporting to the client for asking data/concern for financial statement preparation and organized collected data.
• Coordinated with EY Local Team for audited General Ledger and Trial Balance Accounts.
• Updated the financial statement based on the tax provision provided by tax team. « Following important roles and competencies to meet professional standards or statutory requirements, firms policies and procedure and the scope of services and service requirements .
• Prepared indirect tax work, and managed day to day task for service delivery and other engagements.
• Calculating data for financial statement (P&L, Balance Sheet, Cash Flow and Equity) preparation including the notes to financial statements (Fixed Asset Schedules, Leases, Tax Computation, Expenses, Sales, Retained Earnings and more).
• Lease calculation (IFRS 16)
• Maintained strict confidentiality of the firm, client, and clients data in compliance with internal organizational policies.
• Investigated variances within the financial statement and apply necessary action.
• Analyzed balance sheet accounts and maintained the integrity of general ledger, including the chart of accounts.
• Maintained to meet deadlines upon submission of scheduled reports or engagements.
• Engaged in team planning, client meeting and administrative support.