Division Head Accountant
Seder Group
Total years of experience :6 years, 2 Months
Job Overview:
Working at Corporate Head Office of Seder Group, handling two Divisions: Seder Technical Building Services and Seder Factory. In addition, worked on different division of Seder Group like, Facility Management, Medical, Seder Village, Advance Project Management etc.
Controlling the Division’s transactions, such as Revenue - Invoices, Commercial LC Invoices & expense booking & dealing with Supplier regarding Normal & LC Invoices, Scrutinizing Petty Cash & initiating Control Mechanisms.
Approval and posting of the transactions in Microsoft Dynamics AX for the entries done by the Division Accountants.
Preparing the Financial Statements of Divisions along with Annexure, Reconciliations (Bank, Intercompany, VAT, Salary, ), Valuation of Fixed Assets, Closing stocks etc,
Detailed Job Responsibilities Include:
Reviewing the payment packages for completeness and accuracy before processing for payments.
Review and process Vendors/Suppliers, Staff and Sub-recipients Payments requests (Both Cheque and Wire Transfers) on time.
Verifying if the Division Accountants has accurately entered Customers/Vendors account in the system for the A/P and A/R function.
Approving the petty cash replenishment after the Petty Cash reviewer has reviewed the bills.
Verifying of cash voucher for cash collected and deposited into bank account.
Reviewing and approving the collection entries after verifying the supporting documents and the corresponding revenues were booked in the system.
Working closely with Administrative staff for verifying assets and inventory physically.
Maintained the fixed asset system and records including reconciliation of all accounts
Retrieve the documents needed for Auditing.
Analyze and prepare soft and hard copy of month end closing packages within due date.
Post necessary financial data accurately on daily basis so that reliable reports can be generated timely.
Perform system analysis to identify any irregularities (such as wrong posting) and propose immediate corrective actions to the Finance Manager.
Track and review all expenditures, reimbursements and expenses for comparison against budgets and develop reports to determine if budgetary goals are met.
Reviewing the VAT reports (Receivable and Payable) submitted by Division Accountants to the VAT officer.
Working closely with Procurement team on timely processing of Payments for Advance and credit Supplies Payments.
Verifying payroll/salary reconciliation in a timely and accurate manner.