Senior Accountant
TMK Gulf International Pipe Industry LLC
Total years of experience :10 years, 8 Months
Assist head of accounts in preparation of financial and management reports.
• Review and approve payment of supplier invoices and miscellaneous payments.
• Reconcile vendor accounts and sort-out the issues and differences if any.
• Prepare prepaid expenses and interest accrual schedules and record relevant JVs on monthly basis accordingly.
• Review inventory reports monthly and reconcile with warehouse records.
• Ensure proper records of VAT are maintained.
• Assist head of accounts during audit processes.
• Deal with Internal, External and Tax auditors for various assignments.
• Prepare payroll, process payment and record the entry cost center wise on monthly basis, and reconcile PASI deduction.
• Check and approve bank reconciliations on monthly basis.
• Ensure petty cash issuance as per company policy and proper recording of expense.
• Ensure proper recording of corporate credit card expenses.
• Dealing with banks for salary process, credit card management and funds transfers.
• Prepare cash flow and cash position report on daily basis and mange cash accordingly.
• Escalate major issues to head of accounts and provide solution and improve internal procedure.
• Assist the head of department in preparation of policies to synchronize with group accounting, policies and procedure.
Manage accounts payable function, including review, approval and recording of the vendor invoices.
• Processing all payments to vendors in respect of purchased materials, fixed assets, and services ensuring supporting documents are appropriate, sufficient, and comply with the delegated authorities in line with established accounting policies and procedures
• Receives and resolves problematic issues relative to payments and wherever necessary referring major issues to line management for resolution.
• Preparation of monthly reconciliations of suppliers statements.
• Quarterly Physical verification of petty cash and Prepare petty cash schedule monthly and obtain balance confirmation monthly during hard closure.
• Month closing activity: Accounting and maintaining record for all month end accruals, adjustments and reclassification journal.
• Prepare Bank Reconciliation for 16 accounts in different banks.
• Prepare Schedules for internal company accounts and maintain to make the schedule balanced with GL.
• Auditing on purchase invoices with Account Payable and Procurement Team.
• Documents financial transactions by entering account information.
• Recommends financial actions by analyzing accounting options.
• Substantiates financial transactions by auditing documents.
• Reconciles financial discrepancies by collecting and analyzing account information.
• Ensure proper authorization for payments are obtained before processing in line with accounting and financial manual
Courses: BUSINESS FUNDAMENTALS Introduction to communication English for Academic Purposes (1) IT Fundamentals Mathematics Fundamentals Of Accounting Islamic Culture Introduction To Tourism and Hospitality Managerial Accounting Arabic Language Skills English for Academic Purposes (2) Introduction To Management Computerized accounting International Business Environment Omani Economic History English for Academic Purposes (3) World Of Electronic Commerce Advanced Management Accounting Business Law and Ethics Entrepreneurship Finance Marketing International Accounting Accounting For Government And Non-Profit Organization Corporate Accounting and Law English For specific Purposes International Human Resource Management Introduction To Research Methods Accounting Information Systems Business Economics Quantitative Methods for Business Business Communication and Public Relation International Finance Finance Statement Analysis Taxation Auditing Account Project Interpersonal Skills Image and Sound Destination Management and Marketing
