Senior Accountant
Kuwait Resources House
Total years of experience :10 years, 4 Months
Handle all accounts payable and receivable on a daily basis to make sure each invoice and report is accurate.
Enter financial data into SAP software, make sure all bills and invoices are filed correctly
Reviews accounts receivable aging for delinquencies
Bank reconciliation statements on daily basis for multiple banks.
Follow up with vendors for accounts payable and keep in touch as needed for collections.
Check all new contracts, termination updated in SAP.
Support the finance and operation department in providing management with accurate and time reports and analysis.
Performs preparation of account reconciliation for various general ledger accounts.
Perform payroll entries and maintain payroll files for the company employees
Assist in payroll calculation, deduction, and changes
Recommend ways to reduce costs and enhance revenue.
Prepare documentation for External Auditors.
Ad hoc reports as needed.
Assist in annual budget preparation and re-projections throughout the year
Coordinate semi-annual audits and assist the CFO in running audits.
Reconcile accounts monthly to ensure accurate reporting and ledger maintenance.
Maintain, analyze, and reconcile all GL accounts for multiple company subsidiaries.
Prepare and reviewing the financial statements assist to Accounting manager which include. monthly preparation for month end accruals, preparing any adjustments entries as needed.
Prepare asset, liability, and capital account entries by compiling and analyzing account information
Recommend financial actions by analyzing accounting options
Summarize current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports
Substantiate financial transactions by auditing documents
Maintain accounting controls by preparing and recommending policies and procedures
Guide accounting clerical staff by coordinating activities and answering questions
Reconcile financial discrepancies by collecting and analyzing account information
Verify, allocate, post, and reconcile transactions
Produce error-free accounting reports and present their results
Analyze financial information and summarize financial status
Review and recommend modifications to accounting systems and generally accepted accounting procedures
Provide input into department's goal setting process
Direct internal and external audits to ensure compliance
Support month-end and year-end close process
Develop and document business processes and accounting policies to maintain and strengthen internal controls
Communicate effectively with clients
Contribute to a strong client relationship through positive interactions with client personnel
Communicate with Manager and/or Director on work status and client issues that arise
Handling all accounting aspects from Journalisation to finalization.
✓ Following up with debtors for promptly receipts of due payment as per aging.
✓ Issuing cheques to suppliers as per aging against original invoice and delivery note.
✓ Maintaining a petty cash to meet the day to day requirement of the business
✓ Preparing a comparative sales report and expenses analytical reports
✓ Preparing Bank Reconciliation Statement periodically and corresponding with bank
✓ Preparing employees payroll and distributing salaries and wages through bank and in cash.
✓ Recording of all Accounting transactions and monitor its related ledgers.
✓ Liaising with External auditors of the company and providing them all the necessary
information and clarification for the completion of Audit.
ROLES &RESPONSIBILITIES:
✓ Maintaining & upgrading all kinds of Accounts in Tally 6.3 Handling cash & bank
transaction on day to day basis.
✓ All Banking correspondence including Bank reconciliation periodically Maintaining petty
cash.
✓ Maintaining ageing report of Debtors & Creditor for cash collection/payments Maintaining
Staff Salary account and its recording month wise.
courses: CMA – Pursuing ATTENDED – IFRS Seminars