Assistant Manager Accounts
Alghanim Industries
مجموع سنوات الخبرة :15 years, 0 أشهر
•Monitor and analyzes business units results by preparing Financial Summary (Business Generated, Collections, Revenue) and reporting to FC.
•Timely preparing & releasing of payment to supplier & making supplier accounts reconciliation.
•Assist in the preparation of budget and periodic forecasts of cash flow & business forecast.
•Prepare monthly management reports (MIS), productivity reports by computing yield IRR, Day to day review of general and sub ledger.
•Handling Securitization of Portfolio Sale and preparation its monthly receivable, payable, computing income earned as an account service fees, portfolio management fees & making its monthly cash flow analysis.
•Accounting loans, overdrafts, FX transactions, liaise with group treasury; and reconciliation.
•Preparing monthly trends & schedules for expenses, collection efficiency, receivables ageing & making variance between budgeted & actual’s.
•Preparation Break Even Analysis & Cost Volume Profit Analysis, which help management in setting up monthly sales target.
•Review End to End reconciliation of all banks, making ageing & contribute toward clearance of outstanding items.
•Preparation of Cash Flow Statement, Income & Cost analysis, departmental P&L and Balance Sheet, Ratio analysis .
•Contribute toward monthly finalization of financial statement as per international accounting standard (IAS) & submission of statutory reports to regulatory authorities like Central Bank of Kuwait.
•Support Financial Controller in preparation of various aspects of data analysis, financial report, management information & presentation to management & boards
Processing day-to-day accounting transactions and to ensure the complete and accurate processing of financial data.
Preparing sales orders, Invoices & ensuring for duly approved by the manager for processing.
Preparing payroll statements/reports & Computation of OT of all the employees in Contract Logistics division.
Monitors the stock movement of its Custom Bonded Warehouse & preparing Cargo in n Cargo out report. Responsible for maintaining of weekly, monthly & annual sales reports, inventory analysis, reconcile stores physical inventories & report physical inventory results.
Responsible for forwarding the invoices to clients and generate weekly outstanding revenues report for the collection plan and aging reports.
Produce timely and reliable management information reports (actual &forecast) on a monthly basis. Interact with internal / external auditors in completing audits.
Prepares journal entries and reconciliation of accounts with respect to Deferred and Accrued Revenues and Expenses.
Analyze in detail the expense heads in the chart of accounts, develop trend matrix to identify deviations. And assist in documentation and monitoring of internal controls.
Responsible for preparing monthly Profitability Analysis for different ventures for management reporting.
Ensuring the processing activities of ICICI Bank are done in adherence with the systems and procedures laid down.
Weekly checking of Petty Cash, Scrutinizing of Account Opening Forms based on KYC norms.
Rectifying errors and verifying compliance certificate, Verification of processed cheques, ensuring verification by officials from all levels in management.
Verification of inventory and deliverables in the bank.
Generating Audit Report each month.
Analyzing & processing Purchase Order relating to its terms and condition.
Making Stock Transfer and arranging its Stock as per order.
Processing an Order received by sales person across India by making Order Acceptance Report, making stock transfer or arranging stock by determine bidders list.
Analyze quotations, read datasheets, selected qualified Vendors, negotiate prices, inspections & returns, manage inventory control and stock rooms.
Calculating Commission of our Marketing Team on the bases of the orders and products.
Calculated and lodged quarterly and monthly VAT, CST Tax returns and statements that compiled with taxation legislation.
Administered Financial books of 2 Companies i.e. Parent & its two subsidiaries.
Conducted month end transactions reconciled Bank statement, Calculated and lodged annually, quarterly and monthly VAT, Luxury Tax returns and statements that compiled with taxation legislation.
Independently finalizing the Balance Sheet of 2 Companies & preparing all the necessary reports related to that.
Handling Suppliers’ Accounts (Purchase orders, deliveries, invoices).
Ensures accurate and timely monthly, quarterly and year-end close financial reports.
Doing Night Audit of Hotels, Checking daily vouchers & preparing Daily F&B Sales Report.
Handling all the liaisoning work include assisting our Project Manager in financial planning for the new & continuing projects, Sanctioning Term Loan with Bank & work with our Charter for re scheduling of Term Loan & assist him in Income Tax hearing
As an Accounts Trainee:
Prepared Bank reconciliations, Cash flow statements, Taxation returns and Salary sheets,
Conducted end-of-months Stock take and handle daily banking. Analyzing different ratios using 5
years Balance Sheet determines the financial position of the company.
Under Purchasing & Inventory / Quality Control Supervisor:
Determine bidders list, analyze quotations, read datasheets, selected qualified Vendors, negotiate
prices, compare quality inspections & returns, manage inventory control and stock rooms.