Sr. Accountant
Senyar Industries Qatar Holding (Aamal Group)
Total years of experience :18 years, 5 Months
Prepares asset, liability, and capital account entries by compiling and analyzing account information.
Documents financial transactions by entering account information.
Recommends financial actions by analyzing accounting options.
Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports.
Substantiates financial transactions by auditing documents.
Maintains accounting controls by preparing and recommending policies and procedures.
Guides accounting clerical staff by coordinating activities and answering questions.
Reconciles financial discrepancies by collecting and analyzing account information.
Secures financial information by completing data base backups.
Maintains financial security by following internal controls.
Prepares payments by verifying documentation, and requesting disbursements.
Prepares special financial reports by collecting, analyzing, and summarizing account information and trends.
Maintains customer confidence and protects operations by keeping financial information confidential.
Accomplishes the result by performing the duty.
Contributes to team effort by accomplishing related results as needed.
Monitoring payable/receivable and finalizing monthly collection reports
Communication with Suppliers and Customers for invoicing and payments
Responsible for reconciliation of all Bank accounts
Monitoring appropriate book keeping
Liaising with banks for financing, daily activities and facilities
Processing vendor payments
Checking and monitoring petty cash of all departments
Ensuring that company policy and procedures are applied
Responsible for closing of accounts and reconcile all the accounts in line with general ledger
Responsible for renewal of company license, insurance, electricity & Water, Telephone and internet bill payment on due date.
Provide required details to auditors during financial and operational audits
Participating in internal and external audits and reviewing audit findings and resolving all outstanding issues
Posts customer payments by recording CASH, CHQ transactions
Posts revenues by verifying and entering transactions
Process accounts and incoming payments in compliance with financial policies and procedures
Prepare bills, invoices and bank deposits
Reconcile the accounts receivable ledger to ensure that all payments are accounted
Facilitate payment of invoices due by sending bill reminders and contacting clients
Issued, advised, and amended Letter of Credit documents.
Processed and complied with all requirements listed under any given Letter of Credit.
Reviewed letters of credit at the drafting stage and advised customers of any necessary changes (i.e. amendments)
1. Review all invoices for appropriate documentation and approval prior to payment
2. Process 3 way P.O. matching invoices, up to 100 plus line items
3. Prioritize invoices according to cash discount potential and payment terms
4. Match invoices to checks, obtain all signatures for checks and distribute checks accordingly
5. Reconcile vendor statements, research and correct discrepancies
6. Maintain files and documentation thoroughly and accurately, in accordance with company policy and accepted accounting practices
7. Replying to supplier’s queries in a timely manner and dealt with correctly and efficiently.
8. Complete the Accounts Payable Liability reconciliation on a monthly basis.
9. Sort outing all credit issues and disputes.
10. Maintain the excellent relationship with suppliers.
Facilitated "no-fault" internal and external audits as a result of sound record keeping and thorough
documentation.
11. Manage full cycle accounts payable processes
12. Review and generate checks & wire transfers
13. Assist in monthly closings
14. Record all accounts payable transactions
15. Payment advise to each supplier with details for allocation
16. Contacting banks regarding any financial queries.
17. Filling necessary vendor credit application
18. Processing daily bank transactions
19. Checking the accuracy of figures and calculations.
20. Data enter invoices for payment
21. Experience of processing and payment of invoices in multiple currencies
22. Issued, advised, and amended Letter of Credit documents.
23. Processed and complied with all requirements listed under any given Letter of Credit.
24. Reviewed letters of credit at the drafting stage and advised customers of any necessary changes (i.e.
amendments).
25. Ensured accuracy and entered L/C in computer system.
26. Verifies all documentation (including the notification) of Letters of Credit for accuracy and completeness; monitors the collection of payment from applicants or confirmed banks which issue Letters of Credit.
27. Ensures all credit data is evaluated and that it adheres to bank policies and procedures in order to approve or deny applications.
28. Effectively communicates verbal and written information regarding Letters of Credit to both internal and external customers and Suppliers.
1. Responsible for sourcing, selection and negotiation with suppliers to strive for the best commercial and delivery terms
2. Advise internal and external on issues regarding purchasing Terms & Conditions
3. In charge of daily operational purchasing needs such as planning, issuing and following up on Purchase Orders delivery and shipment schedules
4. Manage purchasing cycle including request for quotation, PO creation, PO follow up, goods receipt and supplier billing.
5. Resolve supply, service and invoicing issues with vendors
6. Evaluate supplier performance of delivery time & best prices and ensure all the criteria are met according to the organizational requirements and expectation.
7. Prepare data or reports to support purchase strategy and cost down analysis
8. Maintaining P.O. files & Contracts files of different vendors and a library of variety of catalogues.
9. Negotiations with the Suppliers and meeting target prices.
10. Planning and scheduling the delivery of Materials as per MRP report.
11. Follow up with the suppliers for acknowledgement of orders and dispatch details.
12. Arranging & organizing Logistics, consolidating shipments to optimize shipping charges.
13. Following up and verifying the legalized documents for customs clearance.
14. Arranging payment to the suppliers or requesting finance dept. for payment.
15. Clearing of all discrepancies and after delivery problems with the suppliers.
15. Reviews letter of credit documents to determine compliance