Accounts Manager
EMKA Beschlagteile Middle East FZE
Total years of experience :0 years, 0 Months
Key Responsibilities
• Full maintenance of the company chart of accounts, general ledgers, and all other financial records.
• Manage day-to-day accounting department operations.
• Full charge for monthly and annual financial closing process.
• Evaluate and apply internal controls to achieve accurate and efficient accounting systems and compliance with company, professional, and government accounting practices.
• Company financial reporting including the preparation of regular financial statements, necessary corporate filings (VAT, ESN, ESR), and specialized management reports.
• Create a monthly close calendar, determine the division of tasks for team members, present proposals to General Manager for resolution of important issues and ensure deadlines are met by the team.
• Manage accounts receivables process i.e. post transactions, forward statement of accounts, follow-up receivables, post receipts, handle discrepancies, handle reconciliations and prepare reports.
• Manage accounts payables process i.e. verify and post transactions, payments approval, payments execution.
• Manage payroll process i.e. attendance and time details, salary slips, payments approval, payments execution and end of services benefits.
• Manage fixed assets accounting i.e. acquisitions, depreciation/amortization, impairment, disposal and detailed reports.
• Manage inventory accounting process i.e. verify moving average cost, post COGS, post shortage/excess, monitor annual physical counting and closing process, prepare reports.
• Review & supervise necessary inventory records to track the inward/outward of goods (Customs Bill of Entries/Exit).
Key Achievements
• Implemented regular workflow monitoring procedures that helped reduce month-end close time by 40%.
• Assisted team members in transitioning from Focus RT Software to Canias ERP Software through extensive training and one-on-one support.
• Set up and improved accounting systems and processes to meet business needs and maximize operational success.
• Developed excel sheets to track accounting of fixed assets & prepayments, payroll process.
Key Responsibilities
• Preparation of budget and revenue forecast.
• Track, document and post all expenses.
• Preparation of depreciation/amortization schedules.
• Preparation of monthly journal entries and reconciliations.
• Preparation of salary slips, WPS File, salary statements and gratuity statements.
• Verify & scrutinize all general ledgers & registers.
• Evaluate and improve accuracy and completeness of financial records.
• Preparation of financial statements i.e. Income statement, Statement of financial position and Statement of cash flows, as well as the year-end financial reports.
• Manage accounts receivables process i.e. post transactions, forward statement of accounts, follow-up receivables, post receipts, handle discrepancies, handle reconciliations and prepare reports.
• Manage accounts payables process i.e. verify and post transactions, payments approval, payments execution, handle reconciliations and prepare reports.
• Complete year-end closing processes with controllers and external auditors.
• Review & supervise necessary inventory records to track the inward/outward of goods (Customs Bill of Entries/Exit), conduct stock verifications & reconcile at regular intervals with authorities
Key Achievements
• Created and implemented accounting policies and practices supporting the new automated system.
• Developed excel sheets to track accounting of fixed assets & prepayments, payroll process.
Advanced Financial Accounting, Management Accounting, Banking & Taxation
Bachelor of Commerce