Chief Accountant
Lufthansa Cargo AG
Total years of experience :22 years, 11 Months
Finance Management, Controlling & Accounting
Plan, direct and control all financial management accounting, controlling and reporting activities of the company including preparation and submission of consolidated reports based on IAS/IFRS.
Prepare forecast for capital budgeting, AR/AP, cost accounting systems, fixed assets ledger and expenditure.
Perform accounts analysis, loans management, cost and payroll accounting.
Process Payment Vouchers, Purchase Approval Forms, Purchase Orders, Invoices, Credit-Debit Notes.
Carry out bank related transactions and conduct monthly settlement.
Direct handling of books of accounts up to completion ensuring zero error tolerance.
Classify and maintain monthly balance sheets, financial statements and quarterly reports.
Consolidate financial statement and management reports viz. Cash Flow, Profit & Loss, Balance Sheet. Etc.
Review financial statements, activity reports and other performance data to measure productivity and goal achievement and to determine areas needing cost reduction and program improvement.
Follow up of sales reports from agents/GSA/CASS and identify discrepancy in AWBs.
Analyze business operations, trends, costs, revenues, financial commitments and obligations as well as new ventures to project future revenues and expenses or to provide any other advice.
Provide management with a clear understanding of financial performance and financial effects/implications of business plans and strategies including ways and means of maximize profitability.
Thoroughly check financial and operational activities for efficiency, effectiveness, and use of accepted accounting procedures in recording transactions, identify key risk areas and report on abnormalities.
Coordinate an operational - financial audit that summarizes organization’s financial position.
Uphold awareness of applicable standards and regulations to maintain up-to-date compliance.
Support technological projects aimed to heighten operational efficiency, support identifications, analysis, execution, testing and roll-out thereof to ensure system reliability and data integrity.