Account Executive
Toshiba Elevator Middle East
Total des années d'expérience :8 years, 4 Mois
Prepare and review Trial Balance and Financial Statements which is submitted to CFO for final checking
Provide reconciliation and analysis of accounts for any variances
Participate and assist CFO in the budgeting and forecasting
Reconciliation of GL accounts to make sure correct booking of revenue and expenses
Prepare cash flow actuals vs forecast, analyze any variances
Prepare and manage monthly cash budget
Handles construction contract revenue with POC accounting
Reconciliation & review of bank statements & transactions
Coordination with Bank regarding wire transfer, cheque deposits and bank charges, deals with foreign currency transactions
Maintain & monitor daily bank transactions summary
Audit of monthly inventory reports
Annual inventory and fixed asset audit
Assist in monthly VAT audit, year-end external and internal audit, answer to queries and provide required documents
Prepare Input & Output VAT reports and reconciliations, coordinate with the auditor for accuracy and compliance of FTA’s law
Process journal entries and perform corrections to ensure accurate records
Participate in monthly collection meeting to forecast future cash flow
Computation of bad debts provision for trade receivables
Analyze Collections Report to compare actual vs forecast
Perform an advisory role to other department on all tax matters and ensure implementation of tax law
Responsible for accounting of fixed assets, depreciation, accruals, provision and prepaid (rent, insurance, expense)
Analysis of expense accounts, provide recommendation to improve expenditures
Petty Cash, Supplier Payments (Cheque or Wire Transfer)
Supplier Statement, Intercompany and Related Party Reconciliation
Computation & processing of payroll, WPS, leave salaries, gratuity & accounting entries
In charge of bank guarantee applications, amendment and cancellation, LC applications, Trust Receipts and Debt Financing
Assist in accounting system implementation and recommends modifications for improvement
Trained and supervised two accountants
Coordinate with the accounting team to ensure all deadlines are met
Accounts Payable & Accounts Receivable
Accurate and timely audit ofsalestransactions and other
tenders and making journal entries in the ledger for accounts
debited and credited
Prepares and examinesfinancial and accounting recordsfor a
complete and an accurate report
Daily transactions entries of GL accounts toSAP
Responsible for bank and other accountsreconciliation
Processes deductions of employees(ex.Loss andBreakage,
Purchases, Shortages&Uniform)
Ensures correctness and preparesmonthlysummaryof
CertificateofCreditableWithholding Tax at Source of
different customers and tenants submitted at Branch.
Encoding of Expanded Withholding Tax Payable to SAP.
Responsible forthe monitoring and auditing ofZeroRated Sales
transactions and checking of requirements from different
companies in Special EconomicZones
Monitor payments of receivables of the company and prepares
aging report
Prepare Statement of Account of tenants of the Branch and other
suppliers
Prepare Incident Reports, if any, for review ofthe supervisor
and other headsto implement properly the Standard Operating
Procedures (SOP) of thecompany
Coordinate with the accounting team to ensure all deadlines are
met
Ensures an accurate and timely monthly, quarterly and year-end
close