PAYABLE ACCOUNTANT
Thyssenkrupp Elevators - United Arab Emirates
Total des années d'expérience :13 years, 3 Mois
Review payment documents and ensure due-diligence checks and validations are performed before creating any liability in the vendor accounts within agreed timelines.
Communicate with respective departments for any further information required for invoicing.
Ensure all invoices of Intercompany, Foreign suppliers and local suppliers are posted in the correct Entity, GL Code, Profit / Cost Centre with appropriate narrations in the records.
Ensure payments are processed as per agreed payment terms with supplier without any delay
Ensure no escalations from supplier with regards to delay in processing the payment
Follow up with various departments for the invoice submission related to current month and record the transaction before month end
Doing payment run and making payments through FIORI and Online banking system
Recording of Bank charges, T.T charges and other charges in the books.
Review supplier advance and down payments and staff advance against expenses report on weekly basis with appropriate remarks for the reason for due to settle the advance amount
Prepare supplier account reconciliation on monthly basis based on the categorization of suppliers and liaise with the respective department regarding any unreconciled balances
Maintain all AP related books & Accounts and ensure they are clean at all times
Ensure AP related GL accounts are accurate and clean at all times. Ensure all clearing activities will be done on daily basis.
Maintains accounting controls by preparing and recommending policies and procedures
Prepare and forward sales invoices to customers on daily basis
Follow up the payments with customer and update the receivable status on weekly basis
Follow up of customers outstanding receipts including collections of cash sales and depositing the cash into the bank
Review supplier invoices for payments, and making the arrangements for payment
Managing daily accounts payable and receivables, responding to supplier’s enquiries and expanding to urgent request for payments
Maintain the petty cash and release petty cash based on approval matrix
Process all general and administration claims and expenses
Assist auditors during the annual audit review
Preparation of journal vouchers and coordinate with accounting manager for effective monthly closing of accounts/statements
Preparation of payroll for labour, payroll through WPS system
Updating fixed assets register on timely basis by deducting depreciation on monthly basis.
Preparation of monthly Profit & Loss A/C & Balance Sheet
Monthly Accounts Finalization and preparation of accounts statements
My scholastic achievements are I am the winner of the Osmania university talent search scholarship award, received the best player of the tournament award in foot ball at the all universities meet soccer cup, actively participated in general knowledge current affairs and quiz competitions at school and college levels.