Senior Accountant
MTM Group
Total years of experience :13 years, 2 Months
• Prepare, manage & analyze cash inflows and outflows..
• Responsible for preparing and analyzing the financial statements of the company including income statement, balance sheet & cash flow.
• Forecast the cash flow positions and ensure that sufficient funds are available to meet the operational activities.
• Participate in audits, other examinations of financial records and filing the Tax Returns in the Dhareeba portal.
• Preparing the Budget, exercising the budget and analyzing the variance.
• Supporting the management for achieving the organizational goals by providing various financial reports.
• Managing banking activities and monitoring all company bank accounts.
• Responsible for the AR activities, reconciliations, SOA, aging report and for collections.
• Responsible for the entire Accounts Payable functions of 9 facilities under the same group.
• Review vendor’s activity to ensure all monthly invoices have been received and processed.
• Perform vendor reconciliations and vendor aging report for the management review.
• Prepare and process supplier payments as per agreed credit terms via online bank transfers & through cheques.
• Review expenses incurred on corporate credit cards and ensure that the expenses are in line with credit policies and procedures.
• Prepare journal entries to account for corporate credit card and doing monthly reconciliations.
• Record, classify & maintain the asset register.
• Ensure posting of depreciation, prepayments, accruals & provisions at month end closing.
• Responsible for the entire accruals, allocating the cost accordingly & setting the provisions.
• Coordinating with Odoo team for the implementation of new accounting system.
• Performing additional tasks assigned by Management..
Zerone Technologies, as Receivable Accountant & Earth Electro Mechanical, as Accountant
Highly analytical accounts receivable (A/R) professional with a thorough knowledge of accounting, billing and collections systems, processes and best practices.
Proactive accounts manager combining financial management skills with the ability to make sound decisions regarding the proper handling of customer accounts.
Reduced aged receivables of Zerone Technologies from QAR 24 Million to 7 Million.
Proven ability to determine root cause of issues and recommend viable improvements.
Zerone Technologies - Accountabilities
Responsible for monitoring all active accounts receivable activities and generating a weekly report for management.
Managing and monitoring over 610 customer accounts for Zerone Technologies.
Dealing with Banks for applying and renewals of guarantee, tender bond and LC.
Monitoring 12 bank accounts with different banks.
Generate and forward statements of accounts to Customers.
Prepare outstanding reports, doing the follow ups and chasing the payments.
Verifying the sales order which includes checking customer purchase order, vendor quote, vendor purchase order and finally the gross profit.
Booking the sales order in the system and doing the billing accordingly.
Checking and resolve billing and account discrepancies.
Manage and resolve customer inquiries.
Performed daily reconciliations and resolved accounts receivable issues with customers.
Delivered accurate and on-time monthly financial closing for A/R functions.
Work proactively with other departments in identifying and resolving accounts receivable related issues.
Prepared daily banking entries and processed all bank deposits.
Responsible for organizing and maintaining all accounts receivables active files.
Performing different tasks that include posting cash receipts, updating cash flow reports and making final decision for write off.
Managing and passing entries for all returns and refunds.
Earth Electro Mechanical’s - Accountabilities
Responsible for all Finance and Accounts related transactions and reports.
Prepare, manage & analyze cash inflows and outflows.
Posting all the transactions in the accounting software.
Ensure an accurate and timely monthly, quarterly and year end reports.
Assisting the auditors for successfully completing the yearend audit.
Forecast the cash flow positions and ensure that sufficient funds are available to meet the operational activities.
Responsible for fund management, internal and external audit.
Taking approvals for all invoices, verify Accounts Payable and Reconciliations.
Issuing the invoices and local purchase order.
Prepare and review trial balance, expense, payroll, invoice entries and other business documentations.
Preparing monthly Payroll and taking the approvals.
Tracking and monitoring daily operational expenses. Also manage all petty cash expenses and keep accurate records and receipts for expenditure.
Preparing the Budget, exercising budget and finally reserving the amount from the Account.
Current Asset/ Fixed Asset management including depreciation. Preparing of all supporting vouchers to record transactions.
Monitoring Bank Accounts and doing Bank reconciliations.
Maintaining the confidentiality of Work.
Accounting Functions
• Responsible for all Finance and Accounts related functions and reports.
• Prepare & Analyze Accounting records, financial statements including cash flows and checking the accuracy.
• Monitor, Review & Investigate Accounting discrepancies.
• Ensure an accurate and timely monthly, quarterly and year end reports.
• Forecast the cash flow positions and ensure that sufficient funds are available to meet the operational activities.
• Responsible for fund management, internal and external audit, reporting of fund status and providing feedback to management.
• Taking approvals for all invoices, verify Accounts Payable and Reconciliations.
• Prepare and review trial balance, expense, payroll, invoice entries and other business documentations.
• Checking the data entry from the invoices and vouchers entered correctly, according to the division of cost center in the Accounting software.
• Provisions, reserves, receivable and payable advice.
• Preparing monthly Payroll and taking the approvals.
• Checking all the bills & invoice taken approval from concerned supervisors and checking their signatures.
• Tracking and monitoring daily operational expenses. Also manage all petty cash expenses and keep accurate records and receipts for expenditure.
• Preparing the Budget, exercising budget and finally reserving the amount from the Account.
• Current Asset/ Fixed Asset management including depreciation. Preparing of all supporting vouchers to record transactions.
• Monitoring Bank Accounts, Credit Cards, Bank statements and also the bills of Credit Card Purchases.
• Leading a team of five Accountants and doing Audit for other offices.
• Interact with Software Developers for the customization of the Accounting Software, according to our requirements.
• Maintaining the confidentiality of Work.
Procurement Management
• Arranging and Co-ordinating with Suppliers for the purchases.
• Requesting Quotations from different Suppliers, finding the best price, issuing the LPO’s and finally arranging the deliveries.
• Periodically monitor and analyze vendor performance to ensure timely deliveries.
• Collecting Delivery Notes, Invoices from Suppliers and arranging the Payment.
• Vendor Management in the Accounting Software.
• Keeping a good relation with Suppliers for price negotiation, payment terms, credit limit and taking good discounted rate from them.
• Review and resolve the Statement of Accounts, Invoices from the Supplier and releasing the payment.
• Collecting the Account Number, IBAN & Trade License copy from the Suppliers for issuing the cheques.
HR and Administration Functions
• Responsible for undertaking and executing overall HR activities & Administrative functions.
• Creating, Issuing, Documentation of Company correspondence, HR Memos and Letters.
• Established individual personal files for all the staff, for keeping and updating all the documents, records of Finance and HR.
• Ensures accuracy and maintenance of the personal files of all the staff.
• Implemented & maintaining disciplined Filling system for HR & Finance.
• Staff Annual Leave & Emergency Leave Management and ensures the accuracy in the system.
• Co-ordinating with PRO’s for the processing of Foreign Trip Visas, renewal of insurance and providing him necessary documents.
• Dealing with travels agencies for the air ticket reservations of staff.
• Preparing full and final settlement for resigned and terminated staff as per labour law.
• In Charge for the purchase of all the office equipments and stationeries.
• Co-ordinating with Supervisors for staff related issues.
General Accountant
Payroll Management
Handling payroll processing function through WPS System, involving computation of salary, preparation of salary certificates and assessment. Successfully managed the payroll of over 1, 200 workers.
Managing payroll function for employees involving processing of leave travel assistance, medical claims, joining expenses with reference to policies, final settlements and controlling management & employee payrolls.
Processing joining/separation orders, increments, promotion orders, departmental changes and other employee related documents.
Receivable / Payable Management
Ensuring that all payments are made to suppliers within the stipulated time frame and managing accounts payable within the pre-set parameters.
Conducting ageing analysis of the payables to understand the paying pattern and devising effective accounts payable policies.
Managing overall activities encompassing preparation and following up of accounts payable as preparation and follow up of purchase orders for accounts payable.
Accounting Functions
Maintaining general ledger, trial balance, financial statements, expense analysis, payroll, benefits administration, etc. and liaising with the bank pertaining to collection of day-to-day company transactions and account debits.
Administered cost tracking with Site Engineers.
Noteworthy Credits
Acted responsible for collecting, filing and maintaining accounts data in the accounting software.
Regularly communicated with the External Auditors for successful completion of the audit.
Senior Accountant
Pivotal in handling the financial transactions and managing the accounts of the three companies.
Acted responsible for collecting, filing and maintaining sales & accounts data in the accounting software.
Ensuring that all payments are made to suppliers within the stipulated time frame and managing accounts payable within the pre-set parameters.
Prepared financial reports for the top management.
Drafted:
o Payment & Receipt Vouchers.
o Bank Reconciliation Statement.
Efficiently drafted the Sales/ Purchase and Cash Budget and analyzed the same for any variances.
Managed payroll of over 40staffs in WPS system.
Regularly communicated with the External Auditors for successful completion of the audit.
Deftly dealt with banks, insurance companies & suppliers on daily basis.
Arranged Business Loan, Personal Loan & Auto Loan for the company.
Keeping asset record, Insurance record and maintaining the register in excel.
In-charge of Petty cash payments, preparing journals & posting of petty cash payments to General Ledger.
Any other Ad hoc work assign by Management.
Assistant Accountant
Pivotal in handling the financial transactions and managing the accounts of 9 branches of the company.
Entire Bank Dealings (Cash Withdrawals, Deposits, Account Openings)
Reconciliation of Vendors Accounts and prepare Aging Reports on monthly basis for payment.
Ensuring that all payments are made to suppliers within the stipulated time frame and managing accounts payable within the pre-set parameters.
Responsible for handling and checking of supplier invoices as per company polices, posting of supplier invoices in the right vendor code.
Processing payment to suppliers as per company’s payment terms and handling all PDC Cheques.
Processing of staff Payroll in WPS system, leave salary, Final settlements and other benefits on monthly basis.
Drafted:
o Payment & Receipt Vouchers.
o Bank Reconciliation Statement.
Acted responsible for collecting, filing and maintaining sales & accounts data in the accounting software.
Verify Daily sales reports prepared by branches.
Efficiently drafted the Sales/ Purchase and Cash Budget and analyzed the same for any variances.
Instrumental in managing Purchase Department, Inventory Section & Store Keepers.
Maintained a control on the cost of finished goods and assessed the physical stock in all 9 branches.
Maintaining Debtors Aging on Weekly Basis and sending it to Management.
Keeping asset record, Insurance record and maintaining the register in excel.
In-charge of Petty cash payments, preparing journals & posting of petty cash payments to General Ledger.
Co-ordinate with auditors to complete the auditing as per schedule.
Any other Ad hoc work assign by Management.
Administration, Customer Support & Marketing.
Acted as the Leader of Marketing Team. Assisted the customer in receiving & sending money, products Money Gram & Express Money. Dealt with Online Share Trading NSE and assisted the customer in opening DEMAT Account & to invest in share market. Gained an insight about the Foreign Exchange and handled all major currencies. Managed Air - ticketing & Mutual Funds. Guided the customers to invest in share market. Handled Life & General Insurance of Bajaj Allianz.
Not Completed, Pursuing.
Passed with A+
Grade is passed on all over performance. Out of 10, my CGPA is 5.83