Senior Accountant
Abu Issa Holding
مجموع سنوات الخبرة :13 years, 5 أشهر
Leads and oversees the month end and year end closing responsibilities of the accounting team; performance of all key tasks must be done within the prescribed time-frame.
Producing and publishing regular and thorough monthly financial reports highlighting important financial metrics and accounting information.
Presides over account reconciliations including bank reconciliation; makes sure all supporting documents are in order, reviews all account entries then prepares a summary of recommendations.
Coordinate with external auditors to ensure annual auditing is performed smoothly; participate in the group internal audits to ensure proper control procedures are in place.
Periodically monitoring supplier ageing report for both foreign and local supplier and assuring all due payment has been processed on time.
Recommending payable accountants on the efficient utilization of various trade finance facilities which consist of Letter of Credit, Bank Guarantee, LTR (Loan against Trust receipt)
Closely working with foreign supplier to ensure the receipt of reimbursement of claim on time.
Support brand management team to define the suppliers profile in terms of payment period, payment method etc...
Creating supplier profile in ERP by verifying the legal documents and other supporting documents.
Collaborated with bank representatives to negotiate capital requirements and other payment related issues.
Verifying approving the petty cash expenses and make sure that all required supporting documents are attached.
Monitoring customer ageing report on periodically to ensure timely collection of dues, analyze overdue report and necessary action has to be taken to collect the overdue receivables.
Evaluate monthly closing by verifying and posting receipts, credit notes and debit notes relates to the customer and resolving any discrepancies.
Create and manage monthly provision for market investment which consist of rebate, primary and secondary display.
Responsible for creating customer profile in ERP by verifying legal documents and other related supporting documents.
Monitor and manages the company’s daily cash position and responsible for short and long term cash forecasting activities to keep the sound liquidity position.
Preparing inventory reports with ageing and discuss with operational team about expiry, damage stocks and discrepancy if any.
Involved in annual and perpetual stock counting and sorting out for variance report with IT team.
Ensuring proper documentation for each recorded transactions to support for both internal and external audit.
Periodically reviews all accounting guidelines, policies, and procedures; introduces amendments as necessary for the purpose of improving accuracy, risk control, and for timely reporting.
Responsible for capitalize the newly acquired fixed assets in ERP, generating depreciation provision monthly and posting adjustment entry for the disposal or sale of assets.
Evaluate approving monthly business promotion expenses (Market investment) in line with budgeted sales and uses variance analysis as a tool to identify critical areas to control.
Drafted financial documents, including variance reports, regulatory filings and related schedules.
Lead AR collection process partnering with sales team, created projected cash flow, worked proactively to mitigate financial working capital risk and challenges
Reconciled intercompany transactions and advice other accounts staff for the changes if any. Integrate financial statements of all the subsidiary companies and presenting monthly report to the management.
Worked closely with bank relationship managers to support banking facilities to ensure a smooth and seamless business operations.
Correspondence with bank and other financial institutions related to trade finance maters such as Letter of Credit, Over Draft, Bank Guarantee and other regular follow ups.
Review and update the detailed fixed assets schedule with all additions and disposals; ensure the depreciation calculations are correct. Worked closely with buying and procurement team to ensure smooth clearing of foreign shipment and assist them in the preparation of GIT expenses. Prepared and presented regular MIS report which includes aged debt reports, aged Payable report, Monthly sales report, Net contribution report etc.
Prepared payroll for the group company's staff and process salary through WPS.
Prepared budget for sales promotion for each customer based on the average sales and submit to management for approval.
Partnered with auditors on annual audits and realized compliance with governmental tax guidelines.
Preparing various statements such as accounts receivable statements, cash payable statements, sales force report on a specific period.
Assist the financial controller to preparing payments by checking invoices and make payment to creditors on correct time.
Assist in preparation of payroll and leave salary for employees.
Make contract for patient if they are paying by an instalment.
Checking relevant document if any patients have discount, cancellation of treatment refund and get approval from respective doctors.
Assist in preparing doctors’ commission, nurses’ commission and sales force commission.
Preparing and maintaining petty cash book. Resolve daily team conflicts or simple disciplinary actions such as attendance problems. Any reoccurring or progressive disciplinary actions are to be brought to the attention of the Management
Preparing material issue report and lab usage report for each doctors and get approval from respective doctors.
Giving proper advice to the clients regarding various stocks which is available in the market and encourage them to invest in stocks.
Analyze technical and fundamental aspects of various companies and give advice to clients whether to invest in those companies or not.
Give recommendations to speculative clients and encourage them to trade in both cash and F&O segment.
Acquiring new clients by satisfying their financial requirement such as equity, mutual fund, insurance etc.
Maintain a good relation with clients for future as well as to meet current needs.
Summer Internship: Organizational study at “Canannore Spinning and Weaving Mills Ltd” Mahe, Kerala, India in the year 2009-2010 Projects Undertaken: A Project Report On “Financial Analysis at Indiragandhi Co-operative Hospital”, Thalassery, Kerala,