Senior Accountant
Gulf Union Foods Company
Total des années d'expérience :15 years, 3 Mois
• Monitors cash movements, cash and credit accounts reconciliation, petty cash disbursements, allocation and refunding.
• Meet deadlines for month closing, sales reporting.
• Ledger accounts in accordance with generally accepted auditing standards.
• Assist to prepare and maintain financial statements, financial reports and sales information reports.
• Assist to coordinate and evaluate the financial programs and supporting information system of the company to include budgeting and forecasting.
• Assist to prepare depreciation schedules and consolidation for the unit wise, head office and branches.
• Prepare month-end journal entries such as expense accruals, fixed assets depreciation. Amortization of intangibles, and monthly allocation of prepaid expense, which is to be accompanied with supporting schedules.
• Receive periodic i.e. monthly or weekly sales reports from branches to ensure proper accountability and treatment investigate all variances where necessary.
• Received weekly and monthly cost of sales reports from branches and check the accuracy of costing and entries for local purchases, deliveries from warehouse and transfers to/from other branches.
• Investigate all variances between physical and book balances with the records.
• Monthly update of all fixed assets (head office and all branches) schedule and proper reconciliation against the ledger balances.
• Process suppliers’invoices for payments after insuring the relevant supporting document.
• Process cash and check payments according to payments policies and procedures and fulfil related documentary cycle.
• Ensure cash received are deposited promptly in the bank
• Assist the external auditors with the necessary information and explanations in the conduct and finalization of final audits.
• Supervise the maintenance of data related to specific accounting functions in order to ensure information availability and accuracy.
• Carry out functional supervisory responsibilities that include planning and assigning tasks, setting deadlines, monitoring results and quality, providing training in addition to relaying team’s request to hierarchy.
• Prepare financial statements and supporting schedules according to monthly close schedule.
• Facilitate and complete monthly close procedures.
• Analyze revenues, commissions and expenses to ensure they are recorded appropriately on a monthly basis.
• Prepare monthly account reconciliations.
• Assist with analyzing financial statements on a monthly basis and report on variances.
• Assist with quarterly producer commission reports, analyzing and correcting discrepancies.
• Assist in documentation and monitoring of internal controls.
Implementation of financial and accounting procedures approved by GM.
• Control over incoming and outgoing documents to the accounting department, make sure they are correct with the necessary signatures.
• Keep accounting books and documents necessary for the application of the accounting system adopted, and make sure the registration is legal and saved after the completion.
• Supervise the preparation of vouchers and approval before recorded in the accounting books.
• Preparation of monthly reconciliations.
• Oversee the registration books and vouchers post.
• Participate in the process of periodic and annual inventory of materials, fixed assets, and match them with their own accounts.
• Supervise the preparation of settlement statements of banks every month and show the differences (if any) and inform the GM to review them and prepare the necessary adjusting entries
• Supervise the preparation of trial balances and periodic financial reports and studied and analyzed, and then submit it to GM for approval.
• Oversee the registration processes in accounts payables and issuing payment orders in a timely manner.
• Supervise the preparation of payroll and wages for staff and verify the preparation of these tables.
• Prepare adjusting entries at the end of the financial period based on the GAAP.
• Prepare the balance of audits and detailed general accounts at the end of each month and verify the balances in all of them.
• Prepare financial reports at the end of each period.
• Report to GM for any breach of fiscal policy or financial procedures applied by the various departments and divisions in the company or for any deviation appears in the periodic financial statements.
• Provide all information and disclosures required by other sections in the work of the Company and the work of the external auditors and help to facilitate their mission.
• Preparation of final accounts at the end of the fiscal year.
• Prepare official statements on time for submission to the official circles.
Implementation of financial and accounting procedures approved by GM.
• Control over incoming and outgoing documents to the accounting department, make sure they are correct with the necessary signatures.
• Keep accounting books and documents necessary for the application of the accounting system adopted, and make sure the registration is legal and saved after the completion.
• Supervise the preparation of vouchers and approval before recorded in the accounting books.
• Preparation of monthly reconciliations.
• Oversee the registration books and vouchers post.
• Participate in the process of periodic and annual inventory of materials, fixed assets, and match them with their own accounts.
• Supervise the preparation of settlement statements of banks every month and show the differences (if any) and inform the GM to review them and prepare the necessary adjusting entries
• Supervise the preparation of trial balances and periodic financial reports and studied and analyzed, and then submit it to GM for approval.
• Oversee the registration processes in accounts payables and issuing payment orders in a timely manner.
• Supervise the preparation of payroll and wages for staff and verify the preparation of these tables.
• Prepare adjusting entries at the end of the financial period based on the GAAP.
• Prepare the balance of audits and detailed general accounts at the end of each month and verify the balances in all of them.
• Prepare financial reports at the end of each period.
• Report to GM for any breach of fiscal policy or financial procedures applied by the various departments and divisions in the company or for any deviation appears in the periodic financial statements.
• Provide all information and disclosures required by other sections in the work of the Company and the work of the external auditors and help to facilitate their mission.
• Preparation of final accounts at the end of the fiscal year.
• Prepare official statements on time for submission to the official circles.
Implementation of financial and accounting procedures approved by GM.
• Control over incoming and outgoing documents to the accounting department, make sure they are correct with the necessary signatures.
• Keep accounting books and documents necessary for the application of the accounting system adopted, and make sure the registration is legal and saved after the completion.
• Supervise the preparation of vouchers and approval before recorded in the accounting books.
• Preparation of monthly reconciliations.
• Oversee the registration books and vouchers post.
• Participate in the process of periodic and annual inventory of materials, fixed assets, and match them with their own accounts.
• Supervise the preparation of settlement statements of banks every month and show the differences (if any) and inform the GM to review them and prepare the necessary adjusting entries
• Supervise the preparation of trial balances and periodic financial reports and studied and analyzed, and then submit it to GM for approval.
• Oversee the registration processes in accounts payables and issuing payment orders in a timely manner.
• Supervise the preparation of payroll and wages for staff and verify the preparation of these tables.
• Prepare adjusting entries at the end of the financial period based on the GAAP.
• Prepare the balance of audits and detailed general accounts at the end of each month and verify the balances in all of them.
• Prepare financial reports at the end of each period.
• Report to GM for any breach of fiscal policy or financial procedures applied by the various departments and divisions in the company or for any deviation appears in the periodic financial statements.
• Provide all information and disclosures required by other sections in the work of the Company and the work of the external auditors and help to facilitate their mission.
• Preparation of final accounts at the end of the fiscal year.
• Prepare official statements on time for submission to the official circles.
Bachelors of Commerce -Accointing Department