GL & Reporting Accounting Assistant Manager
Palm Hills Development
Total years of experience :6 years, 4 Months
• Support monthly, quarterly and year-end (standalone and consolidated) financial statements.
• Running elimination process to obtain final consolidated financial statements.
• Preparing statements of revenue recognition and cost of goods sold.
• Play a key role in the monthly close process including preparation of monthly journal entries, account reconciliations of assigned accounts, research monthly variances and provide analysis of complex movements.
• Ensure that all the financial transactions are properly accounted in the General Ledger in addition to performing reconciliation of inter-company accounts and rectification of reconciling items.
• Control and record all investment activities between intra-company including investment, dividends declaration, capital movements, investment impairment, Minority interest calculations…etc.
• Maintaining the Chart of Accounts; ensure adequate and proper classification among accounts’ groups.
• Manage fixed assets.
• Ensure all financial reporting deadlines are met.
• Sends monthly consolidated reports and analysis to CFO for review.
• Prepares monthly management financial reporting package and executive summary schedules.
• Collaborate with the finance department managers in subsidiaries.
• Supports budget and forecasting activities.
• Resolve accounting discrepancies and irregularities.
• Compliance: Active participation to internal / external audit activities.
• Coordinates and facilitates the process of documenting accounting policies and procedure.
• Secure financial information by completing database backups.
• Oracle implementation Team member.