Senior Accountant
Kuwait Canadian Ready Mix Company
Total years of experience :15 years, 6 Months
Looking after Suppliers monthly invoices and reconciliations & Bills Payable Management - processing the functions of payment to the suppliers.
•Handling daily raw materils supplied to various plants
•Handling External hire Transportation cost to the various plants
•Review of Payroll, Leave & Indemnity Provisions and approve for the final process
•Handling Account Receivables - review of contract billings project revenues, Daily & Monthly Sales revenue from local companies as well ministrial projects
•Verifying daily and Monthly Sales invoices to customers and Sub Contracting Payment certificates for the Ministrial Projects
•Handling & keeping tract of maintenance cost of internal vehicles and pumps etc
•Handling General Ledger accounts and their reconciliations & Inter company accounts.
•Verifications of daily Sales reports, ageing analysis & Sales Commission reports
•Verifying the transactions recorded by the juniors & their petty cash records.
•Preparing LGs (Performance Bonds) and Bank Correspondents letters for fund transfers and other related works.
•Preparing Accounting statements and management reports as required
•Preparation of audit File, planning and coordinating with external auditor’s
•Coordinating with customers about monthly invoices and following up for the payments.
•Attending coordination meetings with customers and suppliers to discuss and resolve the general issues.
Handling Payable accounts of Celebrities both local and international.
•Preparing Sales Reports of international & local Celebrities monthly.
•Preparing monthly sales commission of celebrities of international & locally and getting approval from CEO for the Payments.
•Handling Celebrities sales ageing and maintaining accounts reconciliation.
•Preparing international transfer of payments to the international celebrities & preparing checks for local celebrities’ payments.
•Posting of journal vouchers into the system on daily basis.
•Preparing and posting accrual of Celebrities commission.
•Handling suppliers account and their reconciliations.
•Preparing daily bank reconciliations.
•Accounting Statements, related reports as requested by management
Kanee is a Contracting company established very well in the Kuwait market
Al Tawbad is a Contracting Company engaged in construction contract works in public and private sectors within Kuwait having a multi-national working environment;
Burhan is a Multi-National Grade-A Contracting Company engaged in construction contract works in public and private sectors within and outside Kuwait having a multi-national working environment;
•Projects revenue accounting as per approved client payment certificate, advance payment recovery, retention deductions, closing monthly and annual project accounts;
•Generation of monthly cost statements, monthly and annual closure of accounts, financial statements - profit and loss account; Project cost accounting verification and authorization of journal vouchers, supplier invoices, waybills and equipment cards; Verification and authorization of monthly cost accounting for review and variances reporting purposes for the project management;
•Performing accounts payable functions for construction expenses; Managed vendor accounts, for generating weekly on demand cheques. Handling approvals for payments to suppliers through Letter of Credit;
•Plant and Equipment Internal and External hiring accounting.
•Financial Reporting & Audit Planning.
•Inventory accounting, reporting and management
•Verification and authorization of petty cash vouchers for data-entry operators;
•Liaison with banks for project facilities work, LC, OD and LG requirements
•Reconciliation of general ledger, control accounts, sub-ledgers, suppliers and bank accounts;
Master of Commerce
Post Graduation Diploma In Financial Management- PGDFM