Chief Accountant
Royal United Metal and Glass
Total years of experience :9 years, 6 Months
Accounts of group of companies. (Classic Builders Contracting, Royal United Metal & Glass, United Aluminium & Glass Industries)
•Reporting to CFO and Managing Directors.
•Prepare relevant accounts information for submission to CFO
•Supervise payroll and supplier payment processing
•Generate various monthly accounting reports (MIS Reports)
•Assist the CFO with specific assignments set by the Management
•Extract relevant information from jobs that are completed and in progress for the CFO’s analysis
•Assist the CFO in the evaluation of new proposals and projects
•Reconcile bank statements
•Post information on invoicing related to project vendors
•Finalization of Accounts
•Intercompany Transactions and reconciliation
•Dealing with bank for bank related works
•To ensure accurate accounting records are kept to provide prompt and reliable management information
•Monitoring of policies, practices and procedures to ensure adequate financial and internal controls are maintained over the companies' assets and activities.
•Perform financial analysis and reporting to management as needed.
•Perform month-end and year end accounting activities
•Coordinate with finance team to complete assigned accounting tasks within deadlines.
•Evaluate computerized accounting systems and provide recommendations to IT team for performance improvements.
•Generate financial reports and statements to CFO for review.
•Analyze financial discrepancies and recommend effective resolutions.
•Monitor expenditures, analyze revenues and determine budget variances and report the same to management.
•Respond to accounting inquiries from management in a timely fashion.
•Provide guidance to other Accountants when needed.
•Assist in budget preparation and expense management activities for assigned accounts.
•Assist in auditing activities by providing necessary information and preparing requested documentations.
•Monitor and record financial transactions according to company policies and regulations in ERP.
•Review and recommend changes to existing accounting procedures in ERP.
•Review contracts for compliance
•Coordinate accounting staff hiring, training and organization as well as perform periodic performance reviews
•Dealing with the preparation and submission of VAT returns periodically.
•Analyze the accounting records and maintaining compliance with the Federal tax Authority requirements.
•Training and updating other accountants on the FTA VAT law and regulations, Accounting Standards.
•Handle and process all aspects of construction payables, including coding, processing contract award work sheets and maintenance of the job cost chart of accounts.
•Manage all financial, tax, payroll, accounts payable, subcontract management, billings, cash receipts and procurement activities of the company, including hiring and training of personnel, implementation of processes and procedures, internal controls, and compliance with laws and regulations
•Follow up for payment collections with accounts receivables team and with the clients.
•Cost control and Monthly review of job cost activity ensuring consistent and proper coding.
• Handled accounts of group of companies (Venco Imtiaz Contracting, Imtiaz Real Estate and Development, Imtiaz International Trading)
• Responsible for the accounting operations of the company
• Communicate routinely with Project Managers on a variety of job-related topics including bonding, insurance and contract agreements.
• Participate in the formation and implementation of company financial plans
• Preparation of all monthly financial reports
• Work with outside accounting/financial firms on monthly close-out procedures
• Provide reporting and budgeting as required by Senior Management.
• Manage company and project cash flow.
• Supervise accounts payable and accounts receivable staff and functions.
• Work with project management staff ensuring proper compliance with accounting procedures including reviewing and analyzing job cost estimates and reports monthly
• Develop written accounting procedures for the operations staff and work with team to ensure proper implementation and compliance.
• Payroll update and reconciliation.
• Monitor job cost activity by overseeing cash management and reconciliation
• Review all general ledger accounts with a fine-toothed comb to keep track of all money coming in or out at any given time
• Keep a close eye on the accounting systems, identify areas of improvements, and suggest how processes could run more smoothly
• AR, AP, bank reconciliations, cash management, and general ledger to assist with financial statement preparations and invoice payments
• Analyze and develop new metrics/reports, looking for trends and discrepancies
• Review operational and construction budgets and analyze variances against budget and prior months’ costs
• Participate in full cycle of month and year-end close activities, including income statement reviews and balance sheet reconciliations to ensure accurate reporting
• Prepare journal entries and participate in the review of annual budgets
• Monthly preparation of the Work in Process report
• Maintaining Fixed asset register and monitor them.
• Maintains financial security by following internal controls.
• Dealing with the entry, preparation and submission of VAT returns periodically.
leader of group of 7 executives.
•Reconciled discrepancies between accounts receivable general ledger account and accounts receivable trial balance account through QuickBooks Accounting software.
•Researched and resolved accounts payable discrepancies.
•Balanced monthly general ledger accounts to accurately record cost and month end accruals.
•Supervised accounts receivables clerks, team of five.
•Performed complex general accounting functions, including preparation of journal entries, account analysis and balance sheet reconciliations.
•Supervised invoice entry, money order transactions, bill pay sales transactions through c-store accounting.
courses: University of The People- Colorado Blvd., Suite 623Pasadena, CA, United States of America Final Semester
Wealth Management seminar •Stock market analysis seminar •Group project on “Product launch of RLF car and RLF Bionic bus” •SWOT analysis of CITI bank •Project on “Nandhini Industrial Visit” •Project on “Trading in Bangalore Stock Exchange” Thesis: A comprehensive project report on “A study on Foreign Institutional Investor’s Influence on Bombay Stock Exchange stock market”.
