Fixed Assets & Inventory Specialist
UMNIAH Telecommunication Co
Total des années d'expérience :17 years, 11 Mois
-Supervise the Fixed Assets & Inventory sub divisions; monitoring the recording of Fixed Assets transactions
-Responsible for recording the cost of newly-acquired fixed assets (both tangible and intangible), tracking existing fixed assets, recording depreciation, and accounting for the disposition of fixed assets.
-Effectively respond to requests for ad hoc analysis and projects in a fast-paced operating environment
-Supervise the daily operations of the Fixed Asset Accounting team; assist the team in resolving issues and monitor the accuracy and integrity of their work
-Ensure fixed assets related issues are identified and resolved effectively and timely
-Support rollout of new applications and systems, Supervising the cycle of assets tagging and labelling, and the closing of Fixed Assets module closing by examining the calculation of depreciation expense, checking the fixed assets capitalization process and transferring and disposal transactions.
-Track and report key functional metrics to reduce expenses and improve effectiveness.
-Efficient Team Leader & Player, combining communication, interpersonal & problem solving skills with analytical, decision making and leadership capabilities to enhance organizational objectives.
-Create and monitor a system of controls, procedures, and forms for the recordation of fixed assets.
-Recommend to management any updates to accounting policies related to fixed assets.
-Track the compilation of project costs into fixed asset accounts, and close out those accounts once the related projects have been completed.
-Reconcile the balance in the fixed asset subsidiary ledger to the summary-level account in the general ledger.
-Review and update the detailed schedule of fixed assets and accumulated depreciation.
-Calculate asset retirement obligations for those fixed assets to which AROs are applicable.
-Conduct periodic impairment reviews for intangible assets.
-Conduct periodic physical inventory counts of fixed assets.
-Recommend to management whether fixed assets should be disposed of.
-Conduct analyses related to fixed assets as requested by management.
-Prepare audit schedules relating to fixed assets, and assist the auditors in their inquiries.
-Prepare property tax returns.
-Represent the company during any audits by a government that involves fixed assets.
-Assist with the creation and maintenance of capital related projects within the company's accounting system
-Generate monthly variance reporting related to capital projects
- Supervise the Accounts Payable and Accounts Receivable departments.
- Process accounts payable and receivable entries.
- Entries to all closing journals, prepaid expense, Accrued and Accrual.
- Assist other team members of accounting department when required.
- Assist and review various accounts, correct any errors.
- Generate P & L reports and balance sheets.
- Matching balances between AP + AR modules with G.L.
- Posting of journals and opening, closing periods.
- Preparing Sales Tax Declaration
- Comply with policies, procedures and standards
- Works under the guidance of different business managers across different departments.
Working on Oracle Application
- Process accounts payable entries.
- Process accounts receivable entries.
- Assist with monthly closings and preparation of monthly financial statements.
- Account/bank reconciliations.
- Making the proper reconciliations of AP&AR accounts.
- Assist with Accounts Receivable and Payable work load.
- Interact with Senior Accountant on daily basis and assist on special projects.
- Assist with closing the books and in producing monthly Profit and Loss statements.
- Cash Controlling (In&Out).
- Preparing the monthly employee’s payroll, social security’s, and income tax.
Worked on Oracle Application
Worked on Ideal Soft Application
Main Responsibilities:
- Entering the Daily Transaction: Journal, Petty cash, Bank Transfer, Receipt, Purchase Vouch, and Travel Voucher.
- Entering the Daily Transaction: Journal, Petty cash, Bank Transfer, Receipt, Purchase Vouch, and Travel Voucher.
- AP + AR Reconciliations.
- Bank Reconciliations.
- Payrolls for employees, social security’s, and income tax.
Work on ERP Application.
Accounting
