Senior Accountant
Emirates Falcon Industrial & Engineering Supplies
مجموع سنوات الخبرة :13 years, 3 أشهر
Reporting to the Senior Finance Manager.
Preparing and organizing chart of accounts.
Monitoring Project budgets, comparing with actual monthly cost accruals, reporting the status to the management.
Monthly Preparation of Accounts Payable, Account Receivable & Bank Reconciliation.
Communicating with Banks related to Letter of Guarantees, Facility arrangements, L/C opening and document submission for collections, preparing amendments up on requirement, maintaining parallel records of the L/C transactions,
Preparing Monitoring Letter of Guarantees lists and taking action for refunds up on expiry of the guarantees.
Supervising and monitoring Purchase orders to the vendors and reporting variances on project costs upon PO amendments. Posting suppliers invoices in to the system. Establishing the internal audit procedures for payments to vendors and affiliates on due terms.
Supervising on issuing Invoices to Debtors, posting invoices to the system and follow up for the collection.
Preparing Cash flow forecast and controlling finance in-out flows. Project cash flows reviews with operation teams to establish and smooth flow of fund across the business.
Preparing and monitoring monthly Payroll, Sick leaves, Annual leaves & indemnity
Preparing, maintaining Fixed Assets register and their monthly provision of depreciation.
Maintaining records of Prepaid Assets and expenses, posting monthly recurring transactions.
Handling and monitoring Petty cash expenses and transactions.
Making day to day transactions in all the Ledgers, and processing month end and year end closing.
Month end processing, GL journals, review/prepare monthly reconciliations of GL accounts. Preparing Trial Balance, Profit & Loss, Balance Sheet reports, Cash flow statements monthly & yearly and forwarding to management
Finalization of accounts Liaison with auditors and prepare audit work papers and conduct Annual Auditing.
Handling all the Group Company accounts up to Finalization.
Soft ware used: Sage
Reporting to the Senior Finance Manager.
Handling Accounts Payable, Receivables, Banks, Stock & L/C’s.
Monitoring the cash inflow and outflow activities and controlling the whole company finance and project finance.
Booking the Invoices from the suppliers, Subcontractors & affiliates, in to the system after verifying the documents with proper purchase orders and SMR’s.
Establishing the internal audit procedures for payments to vendors and affiliates
Authorize access to project accounts, authorize the transfer of expenses into and out of project-related accounts
Review and approve supplier invoices related to a project, and approve the same for postings with proper classification and distribution
Confer with receivables staff regarding unpaid contract billings
Project cash flows reviews with operation teams to establish and smooth flow of fund across the business.
Reporting of impact and variances, report on project profitability to management
Playing the lead role as project financial controller.
Participating the Annual Stock taking as a representative from Accounts Dept.
Bank & Cash A/c reconciliation.
Reconciling Stock account with the Store Ledger maintained by the Store keeper.
Reconciling affiliate’s accounts and client’s accounts with our books.
Preparing provision for projects and suppliers against unbooked invoices.
Preparing and monitoring monthly Payroll, Sick leaves, Annual leaves & indemnity and Air Ticket Provision.
Maintain Fixed Assets register and their provision of depreciation.
Maintaining Prepaid Expense accounts.
Ensure accuracy of job costing.
Ensure accurate internal and external recording and reporting of financial transactions.
Reconciliation of accounts with the clients, supplier’s & banks.
Working with the accounting package -Tally.
Valuation of Accounts receivable and Accounts Payable.
Preparing quotations and Purchase orders.
Entering day to day transactions in to the daybook
Preparing Ledger accounts and Trial balance
Preparing Final accounts
Valuation of accounts Receivable and accounts payable
Reconciliation of accounts with the clients, supplier’s & banks.