Chief Accountant
Computer Network Systems
Total years of experience :26 years, 10 Months
CNS is an ISO 90001:2008 certified major regional Information and communication Technology system integrator and managed Service Company have offices in UAE and Oman.
Job Profile
Finalization and reporting of Financial statements
•Review of Trial balance and preparation of monthly stand alone and consolidated financial statements
•Analysis of Business Performances of each Business Units with relevant KPI for the Management.
•Interaction with internal, external auditors
Budgeting and budgetary control
•Interacting with senior managers for the preparation and finalization of budget
•Monitoring actual and conducting the variance analysis
Payroll and staff
•Checking of monthly payroll and WPS of over 200 employees and its costing to GL.
•Coordination with HR department for Leave salary, end of service and other staff related matters.
Accruals, provisions & prepayments
•Review of schedules for monthly accruals and provisions: viz., staff provisions, bad debt provision, cost of sale accruals, expenses accrual etc
•Review and allocation of prepayments
Project and Service management
•Review of project; viz., revenue and cost recognition, Billing in Progress, Work in Progress etc
•Review of Service Contracts; viz., revenue and cost recognition, billing etc
Inventory management
•Review of inventory transactions and its store wise reconciliation
•Conducting half yearly and annual stock take
•Analysing the variance and providing provision for slow moving and unallocated stock
Account Receivables and Account Payables
•Review of AR aging, collection and provision for bad debts
•Review all supplier payments and its accounting.
General
•Supervising maintenance of books of accounts and monitoring that Company follows all systems, policies and procedures of accounting.
•Review of monthly closing schedules and assigning works to accountants
•Review of all monthly sub ledger reconciliations and fixed asst register.
Noor Capital is a private joint stock company investment house licensed and regulated by the Central Bank of the UAE. The main activities consist of Investment Banking, Asset Management, Private Equity, Real Estate and Property Development.
Job Profile
*Preparation and reporting of Financial Statements to CFO
* Monthly stand alone financial statements
* Quarterly and annual consolidated financial statements
* Interaction with internal and external auditors
*Budgeting and budgetary control
*Interacting with CFO for the preparation and finalization of budget
*Checking the budget of subsidiaries and preparation of consolidated budget
*Monitoring the expenses to ensure that the expenses are in line with budget
* Forecasted cash flow updation on daily basis and reporting
* Daily investment portfolio updation and its accounting
* Checking of monthly payroll and its accounting
* Coordination with HR department for Leave salary, end of service, staff insurance and other staff related matters
* Accruals, provisions & prepayments
* Preparation of schedules for monthly accrual of bank interest for term loans, fixed deposits, staff provisions and other general accruals
* Allocation of prepayments
* Implementation of software
* Active participation in the preparation of chart of accounts, customisation, training and implementation of Orion GL and payroll software
* Reporting of the issues and errors of the software and interaction with IT department and the developers for solving the issues
* General
* Liaising with bankers for fixed deposits, overdraft facilities and other banking issues
* Fixed asset management
* Checking of all vouchers prepared by accountants
* Verifying subsidiary accounts and bank reconciliations
* General correspondences
* To ensure the group follows all systems, policies and procedures of accounting
Dubai Holding Group is a leading fashion retail chain, holding franchises of leading European Brands such as ZARA, PROMOD, STRADIVARIUS and WOMEN'S SECRET. The Company has 21 retail outlets in reputed shopping malls in UAE, Oman and Qatar.
Job Profile
* Preparation of monthly Profit & Loss accounts store wise and Group total and monthly closing of books.
* Preparation of Group's Quarterly and annual Financial Statements.
* Interacting with Auditors for Interim and Annual Audit.
* Preparation of Cash flow statement and reporting to FM and GM.
* Reporting to FM detailing requirement of fund, foreign currencies, monthly profit or loss of stores, variance of sales and cost of sales etc.
* To ensure timely submission of the reports to the Management.
* Interacting with Finance Manager for preparation of Budgets, new projects etc.
* To ensure that all the transaction of the Group are properly accounted and the books of accounts are properly maintained and the same are kept up to date all the time.
* Preparation and updating of Schedules such as Fixed Assets, Depreciation, Prepaid Expenses, Provisions for Leave salary, Leave travel, Indemnity etc.
* Responsible for payments to Principals on time and calculation of Exchange loss or gain, Interacting with Principals for issues related with invoices, payments, Guarantees etc.
* Checking of monthly payroll of 180 Staff and accounting of the same.
* To ensure the proper maintenance of stock records, by properly accounting all the receipts and cost of sale and investigate the variances and report the same to the management.
* To ensure the unit strictly follows all systems, policies and procedures of Accounting.
Globelink is one of the reputed names in shipping industry with agents in more than 100 countries.
Gandhi & Shah is one of the licensed main share brokers in Bombay stock exchange (BSE).
Vijay Trading Company is the manufacturer and wholesaler of garments.
Job Profile with Globelink, Gandhi & Shah and Vijay Trading Co.
Responsible for day to day functioning of accounts, scrutiny of day book and all ledgers.
Preparation of Monthly Financial Statements
Preparation of Cash Flow statements on weekly and monthly basis.
Preparation of Fixed asset register and prepayment schedules.
Preparation of segment wise outstanding statements and interacting with marketing dept. for collection.
Responsible for payments and Tax deductions.
Interacting with Branch Offices for reconciliation and settlement of accounts.
Interaction with statutory auditors
Clearing settlements between bank and stock exchange.
Book keeping functions and preparation of bank reconciliation statements.
Handling petty cash and responsible for main cash.