Accounting Manager
Trust Holding Ltd
Total years of experience :22 years, 1 Months
- My Role is to Deliver Accounting management for Trust Holding Ltd. & its Subsidiaries VERTA Insurance & Reinsurance Broker (Cyprus) & Market Insurance Broker (UK):
• Preparing Annual Financial Statements for Trust Holding, VERTA & MIB.
• Preparing quarterly Management Accounts for TH Head office & it’s branches in Jordan & Bahrain, Verta Insurance & Reinsurance Broker & MIB.
• Budgeting & Forecasting Reports, in addition of being part of the Business Plan team.
• Develop corporate financial policies, procedures & workflow, Internal Control.
• Handling Cash flow management & budgeting.
• Part of the team of implementation SAP application in TH & Roll out training for the subsidiaries.
• Prepare Payroll, Income tax and Social Security for Trust Holding in Jordan & Vetra in Cyprus.
• Handling the Investment accounts of The Holding Co.
• Following up the subsidiaries & Reinsurers accounts in Verta .
• Vouching the daily journal vouchers for TH and Verta.
• Following up the payments, expenditures, and collection.
• Comply with the regulators in Cyprus, Jordan & UK including VAT & income tax submission.
• Following up accrual accounts & prepayments
• Analyzing Subsidiaries Financial Statements when required.
• Following up the pooling accounts which pertain to the group.
• Handling The Risk Managements Requirements that relates to Finance Department.
- Maintaining Balance sheet accounts,
- Vouching junior Accountants entries.
- Controling accounts recievable
- Reconciling brokers accounts
- Maintaining investment portfolios
- Handling Payroll, Income tax & social Security.
- Maintaing fixed assets accounts.
-Monitor the movements on Banks & Brokers accounts & make sure that updates are executed on Portfolio.
-Update cash position on daily basis.
-Provide operations team with an updated F.X rates on daily basis.
-Follow up the transactions & payments with local, Regional & International Brokers & Banks & reconciling cash accounts with them.
-Allocate all transactions (cash payments, cash withdrawal, interest income /expense, cash dividends, right issues, stock dividends….)
-Prepare, follow up, allocate wire transfers (Incoming & Outgoing).
-Review monthly & quarterly reports for clients showing client’s portfolio position.
-Coordinating, distributing duties, teaching & Supervising other Operations Dept. employees.
-Follow up management & performance fees.
-Assist auditors in case of audits performed and various other administrative tasks, & assist clients if they have any inquiry.
-Have a good Knowledge on Brokerage Accounting.
es performed:
• Follow up importing projects coordinating with importing section (open letter of credit polices and transfers, follow up fright and clearance in additional to periodic analyzing for importing cost.
• Preparing month-end year-end reconciliation.
• Monthly payroll.
• Costing purchases of inventory.
• Monthly bank reconciliation.
•Handling accounts payable and receivable.
•Preparing sales tax report every period.
•Preparing journal entries and post it to the accounting computerized systems (SOLOMON, ACCPAC)
•Periodic cash consolidation.
•Planning and developing documentation.
•Managing credit limits of deferred sales.
•Follow up checks under collection and deferred checks.
•Monthly budgeting of expenses and payments.
Preparing Financial Statements
Reconcile the Brokerage Department Accounts
Editing Brokerage Deels Entries on Daily basis
Ener the daily entrieds
Preparing the Payments.
• Follow up importing projects coordinating with importing section (open letter of credit polices and transfers, follow up fright and clearance in additional to periodic analyzing for importing cost.
• Preparing month-end year-end reconciliation.
• Monthly payroll.
• Costing purchases of inventory.
• Monthly bank reconciliation.
• Handling accounts payable and receivable.
• Preparing sales tax report every period.
• Preparing journal entries and post it to the accounting computerized systems (SOLOMON, ACCPAC)
• Periodic cash consolidation.
• Planning and developing documentation.
• Managing credit limits of deferred sales.
• Follow up checks under collection and deferred checks.
• Monthly budgeting of expenses and payments.