Accounting and Finance Intern
Rethink ME Ltd
Total years of experience :8 years, 11 Months
Duties & Responsibilities:
• Outsourced accounting for clients including posting all sales and purchase transactions, carrying out bank reconciliations and, maintaining fixed assets and depreciation schedules.
• Responsible for raising invoices and reconcile balances internally for the all the divisions.
• Maintaining prepayments and EOSB schedules.
• Collating information from the clients by liasing with them for VAT registration, return & accounting purposes.
• Verification of tax invoices and assessment of accounting systems for clients.
• Reconciliation of inter-company accounts, and assisting with the closing of month-end reports.
• Chasing clients and customers for payments on outstanding invoices.
• Posting customer payments by recording cash, checks, and telegraphic transfers and maintains customer accounts by summarizing receivables.
• Disbursing and recording of petty cash transactions along with maintaining the petty cash box and ledger.
• Reviewing introducer agreements and preparing commission reports in line with the revenue recognition and deferral concept.
• Preparation of research reports and other adhoc tasks as assigned by the management.
Duties and Responsibilities:-
- Compilation of data and preparation of a variety of reports (including the leads report, management ops report, etc).
- Prepare and update records for cheque requests and invoices for payment.
- Record monthly credit card expense transactions.
- Handling of Petty Cash.
- Verify and post details of business transactions.
- Reconcile records with internal company employees and management, or external vendors or customers.
- Assistance in major bank reconciliations.
- Following up on the payments and updating the Accounts Receivables (AR).
- Assistance in preparation of SOP’s.
- Verify the accuracy of invoices and other accounting documents and records.
- Update and maintain accounting ledgers and other records detailing financial business transactions (e.g., disbursements, expense vouchers, receipts, accounts payable).
- Assistance in the month close for clients and internal companies.
- Assistance in VAT filing.
- Commission calculation for each feeder on monthly basis.
Handling calls and emails for various diplomatic
missions for the UAE & GCC.
Completed 12 out of 13 papers**