Accountant
Nesma Tata Projects Limited
Total years of experience :18 years, 11 Months
1. Prepare monthly, yearly financial statements - Profit & Loss, Balance Sheet
2. Prepare AR movements, Fixed Asset Register, Unbilled movements, Accruals, Provisions
3. Prepare monthly payroll.
4. Process accounts payable - review supplier invoices, update payment orders, verify purchase orders, prepare AP journals, prepare fund transfers, post AP transactions.
5. Update expired prepayments
6. Review staff and supplier advances
7. Guide new accountants in all financial transactions.
8. Prepare letter of credits applications, bank letters, bank guarantees
9. Prepare inter-company reconciliations
10. Prepare monthly bank reconciliations
11. Prepare monthly VAT report
12. Prepare yearly financial audit requirements
13. Prepare vendor ageing report
14. Prepare accounts receivable ageing report
15. Review actuarial valuation report by 3rd party and compare with general ledger
16. Provide requirements for Zakat preparation
o Monthly VAT returns preparation.
o Daily/Monthly bank reconciliation, posting of bank reconciliation adjustments.
o Prepare monthly sales and gross profit analysis.
o Vendor invoice validation, purchase order matching and posting of expenses and
accruals.
o Petty cash replineshment validation.
o Posting of inter-company recharges.
o Customer balance confirmation.
o Customer online transfer payment confirmation.
o Monthly material cost change (standard costing) analysis, simulation and activation.
o Daily calculation and simulation analyis of changes in raw and packing materials,
changes in Bill of Materials (BOM) and route (direct labor, overheads)
o Prepare inter-company trade agreements.
o Computation of inter-company prices.
o Prepared monthly actual cash flow and 3 months forecast (reliever).
o Prepared daily sales report (reliever).
o Prepares monthly cost report; Budget vs. Actual.
o Check and review daily transactions uploaded in ERP System and Cost database.
o Approve materials requisition. Check the estimated cost against budget, review the
cost allocation and revise, if necessary.
o Review and approve journal entries for inter-site billings/transactions.
o Review supplier’s invoices for payment. Prepare the journal entries to record the
transaction.
o Review and approve journal entries for Asset Depreciation.
o Records provisions for services received and expenses incurred.
o Review Manpower Daily Reports. Check the cost allocation, days and OT hours rendered
and uploads for Payroll processing.
o Conduct year-end inventories.
o Assign responsibilities to subordinates. Monitor, review and approve progress,
completeness and accuracy of work performed by them.
o Train new cost controllers and assistant cost controllers.
o Initiated the chart of accounts for Facilities Maintenance Division (FMD).
o Drafted the standard operating procedures for FMD - Cost Control.
Donations Management - National Resource Development (NRD)
o Prepares financial and operational results of the National Resource Development (NRD)
on a monthly, quarterly and annual basis.
o Works with the NRD managers in the annual planning of income targets, cost budget
and pledge acquisition.
o Prepares monthly expense variance analysis. Performs cost analysis that includes
comparison of actual versus budget data, and comparison of current versus prior year
data.
o Prepares financial simulation/analysis of projects as required by NRD team.
o Inter-accounts reconciliation.
o Monthly bank reconciliation.
o Conducts annual inventory of Goods-in-Kind donations.
Financial Systems, Reporting and Compliance Department (FSRC)
o Prepare monthly National Resource Department (NRD) bank reconciliations.
o Prepare monthly Inter-account reconciliation.
o Monthly monitor Community Based Organizations (
o Prepare monthly NRD bank reconciliations.
o Prepare journal entries for donations (income) received.
o Review and reconcile inter-office balances on a monthly basis and prepare adjusting
entries, if necessary.
o Review ledger entries and check accuracy, and prepare reconciling items, if necessary.
o Prepare annual lapsing schedule of assets and keep fixed assets records.
o Support external and internal auditors during annual audit.
o Assisted the lead auditor in Marketing audit
o Provided support in gathering information and documents for audit review
o Reviewed and examined documents/evidences to support the audit findings
o Prepare monthly NRD bank reconciliation.
o Process employee cash advances.
o Monitor employee cash advance liquidations and expense reports and ensure they are
properly supported.
o Prepare vendor invoices for payment.
o Ensure all vendor payments are prepared timely.
o Prepare journal entries of invoices for payment.
)
Balintawak,
in