Accountant
Adnoc Onshore
مجموع سنوات الخبرة :13 years, 9 أشهر
- Verifying, allocating, posting and reconciling accounts payable.
- Validation of suppliers’ invoices and booking payment in the system.
- Reconciliation and verification of general ledger.
- Coordinating and directing the preparation of the budget for OPEX & CAPEX.
- Monitoring financial commitments and reporting potential variances from the approved budget.
- Generating monthly YTD cost reports and preparing presentation for financial results.
- Verification of VAT & ICV claims on quarterly/yearly basis.
- Ensure budget availability of all processed task/purchase orders.
- Verifying GRNs and delivery notes are properly recorded and raised in the system.
- Preparation of month and year end closing process (journals/accruals).
- Generating a report of monthly cash forecast based on contracts value/expenditures.
- Perform project cost forecasts/budgets and cost tracking and issuing reports for review.
- Verifying documentation and Preparing transactions for petty cash account.
- Preparation of financial summary reviews for all existing/new contracts.
- Ensure that liquidated damages are applied as per contract terms and conditions
- Updating records for fixed asset register.
- Preparation of Quarterly review for employee payroll cost allocation.
- Processing payroll of PC employees in the system.
- Review FPs/LVBRs from scope of work till completeness.
- Conducting Self-Audits on internal accounting practices and works processes.
- Coordinating with Internal Auditors and follow up the progress of audit recommendations.
- Training new employees on the company’s financial processes and systems.
- Reconciling daily bank statements against GL and posting necessary entries for fees & charges through Oracle Cash Module.
- Establishing and reporting cash position to help in decision of the duration of the deposit based on the funds availability.
- Preparing weekly cash requirement and sale process of currency and inter-bank transfer.
- Preparing monthly cash forecast and weekly cash movement schedule.
- Posting accounting entries for exchange rate differences.
- Assist in preparation of year-end cash flow statement and annual budgeted cash forecast.
- Reconciling cash suspense account.
- Managing petty cash funds and replenishing petty cash accounts.
- Updating bank signatories list.
- Process transactions and raise the necessary documents in respect of selling and buying of foreign currencies.
- Reviewing all bank reconciliation and confirm all outstanding are being resolved.
- Posting of all entries for purchasing and sales invoices.
- Maintaining inventory records and preparing daily/weekly/monthly sales report.
- Reviewing and managing the accounts daily work and post the same to accounting system
- Following up of daily cash collections and cheques.
- Reconciliation of Accounts Payable and Receivables on Daily, Weekly and Monthly basis
- Reviewing aged debt and apply collection efforts to secure settlement of outstanding receivables in accordance with agreed terms.
- Reconciliation of suppliers, customer accounts and resolution of discrepancies.
- Communicating with suppliers, reconcile and schedule of payable accounts.
Preparing the monthly payroll.