Accounting Supervisor
Qatar National Import and Export
Total years of experience :8 years, 8 Months
Conduct daily audits of transactions in the general ledger to ensure accuracy.
•Perform month-end reconciliations by balancing subsidiary ledgers through accruals, prepayments, and amortizations.
•Oversee the entire accounts payable cycle, including vendor onboarding, invoice review, corporate credit card management, and check processing.
•Develop and manage a fixed asset tracking tool while establishing asset acquisition and disposal procedures.
•Prepare monthly cash flow statements.
•Prepare monthly ageing report and work with treasury team to maintain the cash out in accordance with the payment terms to vendors.
•Generate company financial reports (SOPL, SOFP) and analysis reports (Budget vs Actual, Cost by Cost Center, P&L, actual cost breakdown, Profitability by SKU, and Stock DIO).
•Review payroll reports and make provisions for employees (EOS, VAC, TICK) for a workforce of 800+.
•Create daily sales reports categorized by division and SKU.
•Apply IFRS 16 guidelines to lease contracts.
•Manage withholding tax payments.
•Allocate the planned cost on the shipments for accuracy in line with the Inco terms.
Manage accounts payable processes, ensuring invoices were processed and payments made promptly in accordance with payment terms.
•Assist in developing annual budgets and financial forecasts, monitoring budget performance, and recommending adjustments as needed.
•Prepare monthly shared service reports for subsidiaries, aligning them with the budget, and issued debit notes (DN).
•Conduct monthly balance confirmations with subsidiaries to ensure accuracy.
•Allocate costs by cost center for invoices and services from suppliers in line with company policies.
•Maintain the general ledger, reconcile accounts, and review journal entries to ensure accuracy and compliance with accounting principles.
•Coordinate and support internal and external audits, providing documentation and explanations as required.
•Collaborate with vendors on financial matters, resolving disputes, negotiating terms, and optimizing financial relationships.
•Continuously assess and improve financial and accounting processes to enhance efficiency and accuracy.
•Record the accruals for monthly closing and follow up with the vendors to ensure accuracy.
•Maintained accurate records of prepayments and closely monitored recurring entries to improve compliance with general ledger accounting standards.
• Perform general ledger account reconciliations and generated updated financial documents.
• Communicate with Manager and/or Director on work status and client issues that arise.
• Completed month-end and year-end close procedures and reconciled bank accounts.
• Manage and Prepare journal entries and reconciliations to support monthly general ledger closing activities.
• Managed daily closing, reporting and reconciliation functions.
• Managed financial operations, month-end reporting, financial schedules and reconciliations.
• Managed month-end and year-end close duties, administered additions and performed maintenance and reporting of corporate fixed assets.
• Verify, allocate, post, and reconcile transactions.
• Analyze financial information and summarize financial status.
• Support month-end and year-end close process.
• Communicate effectively with clients.
• Communicate with Manager and/or Director on work status and client issues that arise.