Deputy Chief Accountant
ACWA Holding
Total years of experience :17 years, 5 Months
Planning and executing monthly / quarterly / annual closure schedules; providing monthly financial statements; administering the monthly closing process
Ensuring reclassification and accounting of wrong or unaccounted entries prior to closure of the General Ledger
Supervising entries related to Balance sheet & P/L section with focus on ensuring efficient processing (allocation, reconciliation) of the company accounts
Performing activities such as determining comparative statement analysis, forecasting payment proposal plans & budgets, and reviewing issue & extensions of Advance Payment Bonds & Performance Guarantees
Formulating & furnishing monthly financial analysis & financial statements; evaluating orders & contracts issuing LPO’s
Preparing & implementing financial procedures and plans as per company policy and managing Ageing & Credit Control
Engaged in managing Ageing, RIR, Credit Controls, Accounts Payable & Receivables (Local & International); conducting review of orders & contracts issuing LPO’s
Performed monthly closing and quarterly reporting as well as statutory audit till filing & tax audit till filing
Supervised sales outlook plans, forecasting & budgeting and maintained compliance in accordance to company policies for all T&E related expenses, LOA and risks
Analyzed & defined costing & margins for projects, monitored account reconciliations for all Receivables, Payables, Bank and GL, and regulated HR related processes
Identified petty cash needs and reimbursed accordingly, maintained payment vouchers & receipt vouchers record all expenses & income and Posted journal entries and charge accounts including cost centers and inter-offices
Prepared & presented monthly reports of accounts receivables record; supported Country Finance in the implementation of financial policies, systems, and guidelines
Conducted analysis of reports, statement of accounts, unsettled transactions of clients and suppliers and reconciled account receivable and payable
Supervised issue of debit & credit Notes, performed bank reconciliations, followed-up with customers for payment verification of credit limit, and so on
Formulated payroll sheet; issued purchase orders, cheques, delivery notes & cap-ex requests
Ensured that all processes, transactions & reporting requirements are completed in specified agreed standards
Supervised Asset Management, Wealth Management and Financial Planning
Prepared MIS on NAVs, Market Indices, Bond Yields and Rupee /Dollar movements
Attained revenue and market development targets from sales to corporate customers by formulating and implementing plans; monitored investments & handled periodic restructuring.
Analyzed market linked instruments, Mutual funds, Stocks, IPO’s & NFO’s, Insurance; provided tax solutions.