Accounting Manager
TIBA Engineering group
Total years of experience :18 years, 0 Months
1- Manage and oversee the daily operations of the accounting department
2- Process month and end year process, accounts payable/receivable, cash receipts, general ledger, payroll and utilities, treasury, budgeting, cash forecasting, revenue and expenditure variance analysis, capital assets reconciliations, trust account statement reconciliations, check runs, fixed asset activity, debt activity etc.
3- Monitor and analyze accounting data and produce financial reports or statements
4- Establish and enforce proper accounting methods, policies and principles
5- Coordinate and complete annual audits
6- Provide recommendations
7- Assist the CFO in ensuring that intercompany cost allocations are in line with management agreements and transfer pricing policy
8- Improve systems and procedures and initiate corrective actions
9-Assign projects and direct staff to ensure compliance and accuracy
10- Meet financial accounting objectives
• Manage and oversee the daily operations of the accounting department
• Process month and end year process, accounts payable/receivable, cash receipts, general ledger, payroll and utilities, treasury, budgeting, cash forecasting, revenue and expenditure variance analysis, capital assets reconciliations, trust account statement reconciliations, check runs, fixed asset activity, debt activity etc.
• Monitor and analyze accounting data and produce financial reports or statements
• Establish and enforce proper accounting methods, policies and principles
• Coordinate and complete annual audits
• Provide recommendations
• Support CFO in ensuring that intercompany cost allocations are in line with management agreements and transfer pricing policy
• Improve systems and procedures and initiate corrective actions
• Assign projects and direct staff to ensure compliance and accuracy
• Meet financial accounting objectives
• Establish and maintain fiscal files and records to document transactions.
• Perform project cost forecasts/budgets, cost tracking, monitoring and controls.
• Develop and maintain internal control and effective accounting system and policies for the set up.
• Establish and maintain systems for cost-sensitivity analysis and early-warning of cost-overruns
• Work consultatively with the respective departments on cost reduction initiatives
• Handle full spectrum of financial and cost accounting role eg. AR, AP, GL, forecasting, budgeting etc
• Responsible for day to day finance and accounts operations
• Perform full set of accounts and ensure timely closing of accounts.
• Perform project cost forecasts/budgets, cost tracking, monitoring and controls.
• Responsible for timely monthly consolidated financial statements, payments, cash-flow management reporting
• Review & approve payment vouchers & journal entries
• Perform cash flow forecasting, budgeting and working closely with the operations and project teams in analyzing margins, variances and cost analysis
Banking Accountant:
• Preparation of journal entries.
• Preparation of monthly bank reconciliations and preparing monthly trial balance sheet.
• Preparing the cash position of the organization on a daily, weekly and monthly Frequency.
• Assist with monthly closings and preparation of monthly financial statements.
• Negotiate with local banks to obtain the required bank facilities.
• Ensuring that bank charges, interests and commission debited from the company’s accounts are correct.
• Monitoring exchange rates and highlights immediately any fluctuations to the treasurer.
• Compare between the preparations of banking services and submitted to the department.
Receivable Accountant:
• Maintain up-to-date billing system.
• Follow up, collection and allocation of payments.
• Reconciliation of customers' accounts.
• Monitoring customer account details for non-payments, delayed payments and other irregularities.
• Follow established procedures for processing receipts and cash.
• Investigate and resolve customer queries.
• Communicate with customers via phone, email or personally