Chief Accountant
Moiz Trading Co. B.S.C.(C)
Total years of experience :19 years, 3 Months
Description: Moiz Trading Co. B.S.C. (C) is Distribution and Dealer of Building Material, Plumbing and Sanitary ware products. Company has successfully organized conferences for their products. Company took part in Gulf Bid Exhibition for their building material and plumbing product.
Responsibilities:
• Responsible for handling of Accounts & Finance, Purchase, HR & Admin for entire group.
• Responsible for preparation of balance sheet, profit and loss account, MIS Reports for entire group.
• Coordinating with banks for new facility open bank guarantees & LC, TR, CIL
• Responsible for payroll and salary for the staff.
• Statutory payments like GOSI & LMRA, and other Government Department.
• Actively engaged in the account payable and receivables to evaluate the terms for suppliers and customers.
• Daily accounting activity.
• Solve the daily issues for accounting and financing, looking after purchase & procurement department.
• Costing of the products.
Description: Honest Bahrain Kuwait General Trading SPC known as a Honest Hypermarket is a hyper market which is based location in Kuwait, having business in Kuwait, UAE, Ghana, India and Bahrain. Honest hypermarket is involved in retail as well as wholesale market.
Responsibilities:
• Responsible for handling of Accounts & Finance
• Responsible for preparation of Accounts payable and receivable reports.
• Responsible for preparation of balance sheet, profit and loss account, MIS Reports.
• Coordinating with banks for bank guarantees & LC.
• Actively engaged in the account payable and receivables to evaluate the terms for suppliers and customers.
• Responsible for preparation of Forecasts and Cash flows, banks position on daily basis for the proper utilization of funds.
• Daily accounting activity.
• Solve the daily issues for accounting and financing, Cash department.
• Also engaged in HR & Administration department.
• Responsible for payroll and salary for the staff. End to end recruitment process.
• Statutory payments like GOSI & LMRA, and other Government Department.
• Also looking daily administration like electricity department, communication department, documentation etc
Description: Jawad Business Group is a leading business enterprise with the various branches in the Gulf and India. Jawad Business Group has business in restaurants, FMCG products, Travelling Agency, Fashion Apparels, Super Markets with the turnover of USD 500 million revenue.
Responsibilities:
• Responsible for handling all the deposits/payments and withdrawals/receipts with Banks, Customers and Suppliers.
• Responsible for preparation of monthly/weekly/daily funds position as required by the management for proper utilization of funds which includes all the outflows and inflows of cash. These reports are published on a daily basis to keep a close eye on the cash flows.
• Responsible for preparation of Credit Facility Documents to be provided to the bankers for availing new loans from banks and also for renewing existing facilities with the banks.
• Coordinating with approx.20 To 25 Banks daily to follow-up for the payments to our foreign suppliers and also for Collection Documents to release containers from the Docks, & to confirm the status of our Bank Balances - which help us to forecast the provision, etc.
• Responsible for assigning different Banks for monthly Salary of more than 5500 employees
• Arranging payments through different mode like Cash, Cheque, Telex Transfers, LTR and through Bank OD Facilities as per the availability.
• Actively engaged in the account receivables and credit evaluation of the customers. And also executing and arranging for the Bill Discounting Facility from the Bank as whenever required. Setting up of Letter of Credit, Stand by Letter of Credit, Bank Guarantee and Payment Guarantee with the Banks.
• Responsible for preparation of Forecasts and Cash flows, banks position on daily basis for the proper utilization of funds.
• Responsible for accounting and finance, Administration and purchases
• Making budgets
• Handling payroll for the employee
• Warehouse management and logistics related activities.
• Analysis of stock movement
• Proper analysis for creditors and debtors
• Making monthly cash flow
• Maintaining contract
• Making budgets for expenses
• Credit Control
OTHER KEY AREAS:
As our company implemented new ERP system for all areas of company’s function. Especially for general ledger part, I have started new systems.
I have implementing new system for simple and smooth business. I have started proper documentation for all area of work. I have also made new process for sales operation under my supervision for smooth business.
I am also responsible for all administrative work. Also responsible for purchase.
• Responsible for all payable for company
• Making Cash Outflow
• Checking of proper documentation for payment.
• Analysis for Accounts payable
• Responsible General Ledger.
• Employee Ledgers and salary
• Checking General Ledger
• Generating daily entry like sales, purchase, receipt, payment
• Reporting, creating a monthly off-take charts and sales summary
• MIS & maintaining all databases
• Accounting activity like maintaining ledger,
• TDS & depreciation
• Inventory management and regular audits of the company
Post Graduate Diploma In Finance Management
Cost and Management Accounts