Senior Accountant
National Readymix Concrete Lootah Group of Companies
Total des années d'expérience :13 years, 4 Mois
• Prepare Trial balance for division wise and group wise.
• Prepare cost of goods sold report for location wise and division wise.
• Analysis for contribution margin percentage and getting the reason for increase or decrease.
• Analysis for overhead cost through the historical data and budgeted values and show the reason for variances.
• Support inventory manager to resolve system errors to get proper data.
• Guide the planet accountants & support head office team to prepare reports requested by Chief accountant.
• Monthly AP aging report for full group.
• Reconciliation for general account (Mutual, Accruals, Prepaid)
• Inter Company reconciliations.
• Reconciliation for Fixed Assets registered for the group.
• Insure that payments for the group complied with the company regulations.
• Monthly check all financial reports from our branch in Saudi Arabia.
• Assist the chief Accountant & Finance manager in year-end closing.
• Support in filing VAT report (Monthly).
• Handle any financial tasks assigning by line manager if needed.
Senior Accountant
Responsibilities
• Maintain A/P system records.
• Prepare A/P aging report.
• Audit petty cash for reimbursement.
• Audit employee expenses to ensure compliance with corporate policy before paying.
• Monitor accounts receivable, follow-up for collection
• Reconcile customer's statements and resolve any discrepancies.
• Prepare A/R aging report.
• Maintain GL Accounts
• Preparation of P/L Accounts, analysis for company performance.
• Prepare balance sheet quarterly.
• Prepare payroll, sales commission.
• Account bank charges and interest in Overdraft and loan accounts on daily basis.
• Account for monthly loan installments.
• Prepare monthly Bank reconciliation.
• Liaison with banks for the transactions.
• Handling Letters of credit and letters of guarantee.
Prepare Reports Daily Banks and, Cash, Weekly Creditors, Monthly Analysis of project expenses, Monthly income Tax report, quarterly Withholding tax, verify invoices are correct and clear for payment after authorizations(verify purchase order, invoice, receiving report), prepare the down payment after receiving the subcontractor or supplier purchase order from procurement department, prepare payment according to purchase order terms, maintain accounting databases by entering transactions and allocate expenses to its project through Peachtree program, reconciled petty cash and process over 100 checks monthly, monitor cash custody, fielded and resolved payment issues with vendors and subcontractors, prepared daily petty cash report, Assisting Senior accountant in quarterly balance sheet report.
Processed and distributed checks, documented invoices and payment.
•Prepare journal entries.
•Reconcile and maintain balance sheet accounts.
•Account/bank reconciliations.
•Administer accounts receivable and accountspayable.
•Monthly closings and preparation of monthly financial statements.
•Recording revenues and expenditures.
•Issue the invoices to the customers.
•Assist Senior Accountant in preparing quarterly and yearly financial statement.
Certified Management Accountant: CMA® License Number. 51561 Part 1 Financial Planning, Performance and Control: A. External Financial Reporting Decisions. B. Planning, Budgeting and Forecasting. C. Performance Management. D. Cost Management. E. Internal Controls. Part 2 Financial Decision Making A. Financial Statement Analysis. B. Corporate Finance. C. Decision Analysis. D. Risk Management. E. Investment Decision. F. Professional Ethics.