Accountant
Fast Telecom
Total years of experience :13 years, 7 Months
Fast Telecom group was founded in 2002 and started its operation in the mobile phone industry with the vision to become one of the leading distributors/traders of mobile phone products in the Middle East and Africa. In 2004, the Company extended its activity by customizing cellular phones with Arabization and adding software to it. A separate department was also formed to support the customers in Logistic, Shipping and Marine services.
Over the period, Fast Telecom Group entered into related business fields with high potential and profitability without disturbing the core business of mobile phone distribution.
Work Description:
• Prepare, verify, and process invoices for sales or services rendered
• Enter data on invoices; ensure proper coding on documents
• Post customer payments by recording cash, checks, and credit card transactions and entering them into the general ledger or accounting software,
• Prepare cash and check payments for bank; totaling and recording the deposit amounts, filling out deposit slips and bundling the funds and slips; making deposits at the bank
• Update receivables by totaling unpaid invoices
• Preparing Comparison Report to find out the Actual & System Variance and coordinating with the Operation Team.
• Monitor customer account details for non-payments, delayed payments and other irregularities
• Responsible for the preparation of Bank Reconciliation Statement.
• Verify the validity of account discrepancies by obtaining and investigating information from sales, trade promotions, customer service departments and customers
• Resolve valid or authorized deductions by entering adjusting entries
• Monitoring the collection through Bank Transfers.
• Responsible for Preparing Monthly Details Reconciliations and Accounts Receivables.
• Responsible for maintaining petty cash drawer and distribution of petty cash to other County departments when necessary.
• Regular update with Finance Manager.
• Monitored & Maintained Inventory Reconciliation.
• Respond to Enquiries from Finance Manager
• Ensuring that accounting records and reports are in compliance with Company regulations and policies.
• Responsible for daily, monthly, annual, and other periodic financial statements and reports.
• Establishing and maintaining effective communication and coordination with Company personnel, departments, and management
• Facilitating consistency at all levels of accounting operations including book keeping, record keeping and reporting
• Responsible for the Business Units' daily Sales report to Update in Oracle.
• Responsible for the preparation of Bank Reconciliation Statement.
• Preparing Variance Analysis for Consolidation.
• Receive and verify Invoices and update in oracle.
• Manage Invoice generation & credit control.
• Daily Credit Card Monitoring & checking the Bank Statement.
• Daily Cash Collection from Customers & Sales Rep and Deposit in the Bank on daily basis.
• Maintaining daily Cash Journal.
• Monitoring the collection through Bank Transfers.
• Review of customer’s credit terms against actual payments.
• Preparing Comparison Report to find out the Actual & System Variance and coordinating with Operation Team.
• Responsible for Preparing Monthly Details Reconciliations and Accounts Receivables.
• Daily follow up with Operation team to clear the Pending Encoding & submission of Sales.
• Regular update with Finance Manager.
• Monitored & Maintained Inventory Reconciliation.
• Respond to Enquiries from Finance Manager
• Providing inputs to Senior Management to overcome objectives for the Business Units
• Supervising Daily Cash Monitoring Report including general ledger.
• Responsible for effective and efficient control in the business units.
• Ensuring that accounting records and reports are in compliance with Company regulations and policies
Recieved Corporate Honour Certificate , Offer Letter and Appreciation Letter for Internship during Summer internship program at Reymount Commodities Pvt Ltd, Hyderabad... Recieved First Prize for HRM Event Oranised by ICFAI Management Meet....