Accountant
United Technical Services
Total years of experience :19 years, 1 Months
Preparation of financial statements for subsidiaries.
Preparation of audit working papers and schedules.
Inventory costing and making adjustments etc.
Updating inventory register and reconciling with financial accounting.
Assisting others with system related doubts mainly in the Inventory & Distribution Modules in Oracle.
Period Closing of Inventory, Fixed Assets & PO in Oracle ERP.
Preparatory work for conducting annual stock-counts.
Monthly review of receivables and highlighting over dues to CFO.
Maintenance & review of payables and processing payments.
Maintenance & review of Fixed Assets.
Assisting CFO on ad-hoc assignments.
Any other work assigned by CFO/Chief Accountant.
Check all vouchers of the day's transactions for the range of accounts which are assigned and ensure they are complete and accurate in all aspects.
Check the relevant journal reports to ensure that all vouchers have been posted correctly.
Inform the immediate superior in the event of any error or omission in the vouchers or journal postings so that the concerned section is advised for corrective action.
Count, record the number of vouchers and store the daily vouchers safely.
Handle inquiries related to the range of accounts assigned and prepare timely reply/follow-up for all the inquiries initiated from customers/banks.
Carry out any further instructions advised by immediate superior.
Prepare SWIFT messages for foreign and Dirham currency remittances to various Foreign Banks and UAE local Banks.
Issue Demand Drafts (Dirham and Foreign Currency) on customer's request and/or as the mode of mail payments to local banks.
Prepare Central Bank payments.
Ensure tariffs and exchange rates are applied as per the waivers in force.
Ensure all Suspense accounts are nil before the close of every working day.
Identify Risk and escalate to immediate superiors for corrective action on time.
Assist the Encoders in Dirham and Clearing payments by absorbing extra work as and when required.
Posting of - Treasury deal vouchers,
Share of profits for NBAD branches,
Foreign banks deal entries,
Salary payments instructions from corporate customers.
Monthly bank & current account reconciliations & deal with banking issues.
Monthly stock reconciliation & quarterly stock count.
Preparation of monthly VAT returns & coordinating with Inland Revenue.
Import costing
Preparation of monthly accounts up to the Trial Balance.
Liaison and co-ordination with respect of audits.
Reporting of the progress and the matters arising from day to day work to the Management Accountant & Finance Manager.
Coordinating with suppliers & maintain a good relationship.
Preparation of salary schedules.
Preparation of Annual Budget.
Preparation of Quarterly Cash flows.
Checking payment vouchers & other Accounts related work.
Preparation of Debtors’ Report.