Senior Accountant
Eijarat Rental Solution Co
Total des années d'expérience :16 years, 6 Mois
- Record accounting transactions and journal entries related to accounts payable and payroll accurately in line with accounting standards and principles
- Review invoices and requests for payment matching them with approved purchase orders, investigate inconsistencies and escalate issues
- Review vendors’ accounts and transactions to keep track of appropriate payment schedules and amounts as per predefined SLAs and time frames
- Review and reconcile ZATCA payroll data submitted by concerned stakeholders, and identify deviations and investigate discrepancies with relevant parties
- Prepare necessary requests for bank transfers and other payment documents
- Handle business transactions with banks (deposits, withdrawals, transfers, etc.), and ensure daily reconciliation
- Handle the timely and accurate processing of payments (invoices, payroll, benefits, pensions, staff rewards, etc.) and verify that billed amounts are authorized and cleared for release on schedule payment dates
- Reconcile petty cash and replenish petty cash funds as per approved budget
- Reconcile bank accounts on a daily basis
- Implement ports payable transactions, reconcile periodically, and prepare relevant reports
- Develop reports on a regular basis recommending course of action on mismatches resulting from reconciliation
- Develop accurate and timely reports related to all accounts payable activities
- Archive related documents for future reference
- Perform timely VAT filing and coordinate with related bodies for regular refunds
- Perform VAT, WHT, and Zakat calculations and identify any required amendment
- Manage account payables and receivable activities in a timely manner.
- Monitoring Accounts Receivable, Account Payable, Payroll, Petty Cash, and general accounting.
- Manage all kinds of payroll related transactions, monthly salaries & and other periodic benefits such as Leave Pay, Housing Allowance, Bonus, Traveling Allowance, End of Service Benefits etc.
- Maintaining and reconciling balance sheet and general ledger accounts.
- General ledger & Payroll Management.
- Assist with audit requirements from tax information and documentation perspective
- Worked closely with other departments to ensure seamless integration of financial processes.
- Assisting in Budgets, Balance sheets & income statements.
- Audit coordination and compliance
- Conduct month-end, year-end closing process.
- Inter Company transection and reconciliation.
- Verifying GL with control Account / Inter Company transection and reconciliation.
- Accounts Receivable and General Accounting functions, ensuring accurate financial reporting and maintaining strong internal controls.
- Accounts Receivable Management: Meticulous verification, classification, recording, and summarization of daily financial transactions.
- Accounts Payable Management: Timely processing and reconciliation of accounts payable activities.
- General Ledger & Payroll Management: Accurate posting and processing of journal entries, ensuring all transactions are recorded.
- Financial Reporting & Analysis: Preparation and analysis of monthly VAT & WHT tax reports and payments.
- Internal Controls & Reconciliation: Maintenance and reconciliation of balance sheet and general ledger accounts, including Accounts Receivable, Accounts Payable, Payroll, Petty Cash, and general accounting.
- Inter-Company Reconciliation: Efficient handling of inter-company transactions and reconciliation.
- GAZT Coordination: Collaborative interaction with GAZT to provide accurate information and resolve queries/assessments.
- Banking & Reconciliations: Daily handling of banking tasks, including receipt and payment processing, and debtor and creditor reconciliation.
• General ledger management
• Posting and processing journal entries to ensure all business transactions are recorded.
• Accounts Payable process from order to payment
• Accounts Receivable process from order to receipt
• Balance sheets & income statements.
• Managing payroll
• Verifying GL with control Account.
• Prepare bank reconciliation statement.
• Inter Company transection and reconciliation.
• Workings knowledge of Input /Output VAT and reconciliation as VAT authority advice.
• Audit coordination and compliance
• Resolving accounting discrepancies.
• Conduct month-end, year-end closing process.
• Prepare and submit weekly/monthly reports.
• Prepare monthly Cash flow in or out / outstanding report for a debtors and creditors.
• Prepare collection & payments report for a particular month.
• Generate other report as required by line supervisor or manager.
Day to day financial transactions, verifying, classifying, recording and summarizing of a business transaction.
Accounts Payable process from order to payment
Accounts Receivable process from order to receipt
Audit coordination and compliance
General ledger management
Managing payroll
Verifying GL with control Account.
Inter Company transection and reconciliation.
Prepare vender payments and perform vender reconciliations.
Assist in the processing of balance sheets, income statements.
Organize and maintain financial records.
Resolving accounting discrepancies.
Conduct physical Inventory and verify with stock.
Conduct month-end, year-end closing process.
Prepare and submit weekly/monthly reports.
Prepare bank reconciliation statement.
Prepare monthly outstanding report for a debtors and creditors.
Prepare collection & payments report for a particular month.
Generate other report as required by line supervisor or manager.
• Perform day to day financial transactions, including verifying, classifying, computing, posting and recording accounts receivables’ data.
• Prepare customer statements, bills and invoices, and reconcile expenses to the general ledger,
• Providing customer service regarding collection issues, process customer refunds, process and review account adjustments,
• Prepare monthly receivable statements Provide backup support to other groups in the accounting department, type periodic reports and perform other general administrative duties
• Review all invoices for appropriate documentation and approval prior to payment
• Review invoices and requisitions for satisfactory payment approval
• Obtain proper information and/or data regarding invoice payments
• Maintaining Monthly Supplier Ageing Report.
• Maintaining Weekly Advance Payment Report following up.
• Process all kinds of payroll related transactions of all employees of the company,
• Provide accounting and clerical support to the accounting department
• Prepare bank deposits, general ledger postings and statements
• Reconcile accounts in a timely manner
• Research, track and restore accounting or documentation problems and discrepancies
• Monitoring Accounts Receivable, Account Payable, Payroll, and general accounting.
• Prepare, maintain, and reconcile the ledger accounts.
• Closing sub Ledger with the GL and verifying with the control Account. Passing Journal Entries if require.
• Inter Company transection and reconciliation.
• Maintaining Daily & Weekly Cash Forecast Report.
• Accounting on Tally at office or clients place
• Booking of Purchase Invoice & Sales Invoice
• Handling petty cash & ensuring payments, advances as per company policy.
• Debtors & Creditors reconciliation.
• Preparation of income tax computations and tax return
• Providing data to auditors for TAX Audit Report & Income tax return filing & Income tax assessment/scrutiny.
• Providing VAT & CST working as per auditor’s requirements.
MBA Finance
Elementary Accountancy