SENIOR MANAGEMENT ACCOUNTANT
DAEWOO ELECTRONICS
Total years of experience :13 years, 4 Months
Highly analytical accounts receivable (A/R) professional with a thorough knowledge of accounting, billing and collections systems, processes and best practices. Experience optimizing the A/R function by improving procedures and controls. Proven ability to determine root cause of issues and recommend viable improvements. Delivered accurate and on-time monthly financial closing for A/R functions.
Performed AR duties including invoicing, investigating chargebacks, discrepancies and reconciliations.
Responsible for all Accounts Payable and receivable processes. Vendors & Customer Account Reconciliation & Resolve the issues. Making Provision & Actualization of Expenses, Passing entry in GL. Prepare Projected & Actual Cash Flow Statements. Preparation, validation and submission of monthly and quarterly VAT returns Handle VAT reporting (payables and receivables). Ensure collections and payments are done in line with UAE regulations Ensured input and timely payment of all vendor invoices. Handling the accounts/operations of branches (K.S.A, Tunisia & Algeria ) Reconciliation of US and other International subsidiaries. Applying TR & Timely TR settlement Discounting LC & PDC Calculation & prepare reports on Bank Charges, TR Interest, LC Interest & other shot term borrowings Daily prepare Bank reconciliation, AR, AP & Inventory reports Resolves collection and invoice discrepancy matters. Handling Bank Guarantee & other security deposits Prepare monthly / weekly /daily and other periodical financial& other management reports. Month End Closing and Year end closing procedures. Prepared financial analytical reports as needed by the Controller using Excel (Pivot tables, Vlookup, Charts, etc.) Work closely with Auditors during bank and yearly audit. Foreign currency valuation Rectified escalated accounts payable issues from employees and vendors. Handling Office petty cash. Monthly reporting & compliance & other MIS submission.
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Liaising with banks for all kinds of transactions and sort out discrepancies Responsible for preparing bank reconciliation statements.(AED, USD, EUR) Handling all online Banking accounts and transactions. Monitoring stock ageing and taking actions based on SAP generated reports. Monitoring fund position and arrange internal bank transfers Minimizing risks of bad and doubtful debts. Handling Corporate credit cards Performing any other task/activity that might from time to time be identified by the management Coordinate administrative activities to meet business requirements in an efficient and
MASTER OF BUSINESS ADMINISTRATION