General Accountant
Palma Holding
Total years of experience :12 years, 2 Months
• Processing of payments for operational, selling and administrative expenses which include marketing, commission to agents and third agents, advertising, utilities, legal, fixed assets, supplies and others.
• Processing of payments for regulatory institutions (i.e. Dubai Land Department and RERA).
• Processing of payments for Ejari and Noqodi.
• Communication with bank representatives for fund transfer requests, manager’s cheque preparations, and other banking transactions.
• Processing of official receipts for leasing and sales deals.
• Preparation of leasing, sales and property management documents such as pro-rata calculation for rental agreements, maintenance and utility fees, rental payment breakdown and landlord's statement of accounts.
• Preparation of leasing, sales and property management agents' evaluation of individual performance.
• Preparation of sales commission invoice.
• Recording of transactions in Peachtree system which includes revenue recognition, cash receipts, cash disbursements, related party transactions, amortization of prepayments and depreciation of fixed assets.
• Preparation and maintenance of fixed assets schedule, prepayments schedule and medical insurance schedule.
• Preparation and maintenance of advances from customers' schedule which include utility fund and security deposit schedules.
• Preparation of weekly, monthly, quarterly and yearly bank reconciliation, cash position, executive brief and sales executive brief.
• Handles cash receipts, collection report and invoicing functions of a project.
• Liase with auditors to ensure timely completion of financial audit.
• Assists in the preparation of the company's financial statements.
• Liase with auditors to ensure the timely completion of financial audit.
Handles stock recording and reconciliation for Shell Oil Products for various types of locations in the United States with the highest total plant complexity for the team.
• Responsible in monitoring inventory movements between Shell and third party companies.
• Validate movements scheduled in inventory tracking system against actual movements in Systems Applications (SAP).
• Perform end of month exchange reconciliation.
• Prepares tax reconciliation on a monthly basis for Shell-owned terminals.
• Handles concerns and inquiries from the customers in the Northwest Southwest region and resolves it within the Service Level Agreement of two days or less.
• Oversees the team performance in the metrics for booking sales and receipt movements and makes some researches and analyses for the root cause for failing to meet the standard time allowed to book a movement.
• Prepares and validates transportation and terminalling invoices for payment to vendors as well as monitor and record bulk movements into and out of pipeline, and/or in-transit locations.
• Proactively coordinates with the business / stakeholders for issues, suggests items for improvements, and note discrepancies to resolve and clear open issues.
• Coaches team members in their individual development plans and monitors progress in their career.
• Assists with issue resolution and root cause analysis for the team
• Understands clients’ businesses, sinificant processes, entity-level controls and performance of walkthroughs of significant processes. Demonstrates interest in and develops an understanding of recent developments in the clients’ industry sectors.
• Designs test of controls and substantive procedures for assurance engagements.
• Determines planning materiality, tolerable error and nominal amount and discusses them with engagement senior or manager.
• Performs various administrative tasks such as preparation of budget, monitoring of actual charges against budget and follow up of billing and collection.
• Identifies, conducts research and resolves accounting and financial reporting issues and directly communicates audit findings and recommends actions steps with clients’ management and staff.
• Assists the client in the preparation of financial statements and other financial and non-financial reporting as may be required by company management and government regulatory bodies.
• Reports directly to engagement senior and manager for discussion of key audit findings and issues.
• Develops and trains junior staff members by overseeing and supervising their technical and professional development, including the completion of their performance reviews.
