SENIOR ACCOUNTANT
Nikai Group
مجموع سنوات الخبرة :8 years, 3 أشهر
Overview: Market leader in consumer electronics, FMCG Products with retail and wholesale outlets and logistic division. Nikai has branch office in Oman, KSA, Egypt and Georgia and export division as well.
Accurately provided full cycle Accounts Payable processing, matching purchase orders, confirming prices and quantities to vendor invoices, and entered correct prices into company's accounting system.
Recording Invoices into AP Module by Closing Contra Receiving Account into vendor Account or debt Expenses and credit vendor account.
Reconciliation and preparing schedules of key Balance Sheet accounts (prepayments, accruals, deposits, fix asset and customers credits).
Prepared, processed and recorded government payments through virtual corporate cards with 100% accuracy
Maintenance of the Fixed Asset Register and Ledger, to do Fixed Asset Capitalization, conduct an annual fixed asset count and resolve any discrepancies found.
Process bank payments, issuing cheque, and bank reconciliation and settle credit card payments.
Responsible for Purchases, Payables, Inventory and to provide supporting for audit.
Petty cash management, reimbursement of employee's expenses. Manage and monitor staff loan accounts.
Coordination with external auditors for annual and interim audit, provide required information.
Preparing and filing of VAT returns for UAE based entities in collaboration with VP Finance.
Analysis of Expenses Accounts, Cost Centers and sister companies Account’s reconciliation.
Prepare monthly payable reports and submit to VP finance for approval are done on time.
Control and ensure purchase and procurement cycle running in order.
Responsible for finalization of subsidiary accounts and reconciliation of payments done to subsidiary suppliers by parent company.
To ensure supplier master records are updated as in agreements.
Monitor staff loan accounts and record monthly staff salaries and end of services.
Mayur Batra Group is a Global network of Accountancy, Consultancy and Taxation services with nearly two decades of experience in serving the world’s 70+ Fortune 500 companies across the Middle East, India, Singapore, Japan, China and Europe.
Providing Accounting, Accounting Review & VAT Compliance Services to Clients Independently Managed Accounting and Taxation (VAT) functions of number of clients from different industries across the UAE like General trading, Hospitality Industry, Real estate, Transportation Industry, Manufacturing Industry etc.
Presenting a true and fair view of the financial position of the client’s company by way of timely preparation of monthly reports.
Preparation of MIS and other reports according to the clients’ need.
Entering Purchase invoices, Sales invoices, Input & Output VAT, Bank payments, Bank Receipts, Petty Cash on daily basis. Supplier Reconciliation, Payments processing and maintaining PDC register. Customer reconciliation, following up for Customer payments.
Maintaining the general ledger, creating journal entries, accruing and allocating revenues and expenses, generating trial balance, income statement, balance sheet and additional business specific reports and analysis required by the client.
Bank Reconciliation, VAT reconciliation, Party Reconciliation, and Reconciliation of Branch Accounts and Inter Company Balances.
Preparing VAT Compliance according to the VAT law & filling the return.
Monthly Provisions, Accruals and Prepayments Expensing. & Physical verification of stock.
Preparing for the Audit requirements. Ensure that the clients are compliant with FAF (FTA Audit File).
Maintenance of a complete and accurate accounting system for the branch, group of sister companies, managerial reports and financial statements.
Assisting in Budgeting Senior Executive - Finance and Accounts.
Overview: As a Branch Accountant to one of the leading business houses in the UAE, successfully handled accounting operations independently with the minimum supervision, worked closely with the different departments, as a team efficiently managed day to day accounting operations of the company.
Key responsibilities & Achievements:
Processing error free data recording in system pertaining to supplier invoices & claims; ensure all supporting documents are submitted to Head office for timely payments.
Manage and review day to day accounting operations to ensure its accuracy.
Managed petty cash disbursement; post, verify & reconcile the payments; record the payouts in the prescribed and approved formats.
Prepare month-end closing journal entries in SAP
Ensure safe custody of records & documents for ease in tracking and reference.
Regularly liaise with clients for outstanding payments; Reconcile & submit outstanding account statements Prepare reports on AR Status for management review.
Pass necessary journal entries to record price rebates/cash discounts/other trade allowances received; seek approval of Manager wherever required.
Generate monthly receivable and age analysis reports for manager review.
Manage the data inputs in SAP; generate & submit weekly, biweekly and month end report for management review.
Provide necessary support during audits and comply with audit recommendations.
Co-ordination with HO Legal for civil & criminal cases of aged receivables, providing key documents as requested
Support & provide assistance in preparing financial statements and month-end closing reports as per specific deadlines.