Senior Accountant
Indigo-living-limited
مجموع سنوات الخبرة :5 years, 5 أشهر
Prepares monthly statements by collecting data, analyzing, and investigating variances, and summarizing data and trends.
Keeping up-to-date with financial policies, practices, and regulations.
Manage daily cash flow, ensuring sufficient liquidity to meet the company's operational needs.
Maintain relationships with banks and financial institutions, negotiate banking terms, and optimize banking services.
Prepare and present financial reports related to cash and treasury activities to senior management.
Evaluate the creditworthiness of potential customers and determine credit limits.
Develop and implement credit policies and procedures to manage credit risk effectively.
Establish payment terms, terms of sale, and credit agreements with customers.
Oversee collections efforts to recover outstanding debts and delinquent payments.
Continuously monitor accounts receivable and customer payment behavior to identify potential issues.
Communicate with customers regarding payment expectations, disputes, and negotiations.
Maintain accurate records of credit applications, agreements, and communication with customers.
Prepare and present reports on credit control and accounts receivable to senior management.
Assess and manage credit risks associated with customers and suppliers
Keeping track of all payments and expenditures, including payroll, purchase orders, invoices, statements, etc.
Reconciling processed work by verifying entries and comparing system reports to balances
Maintaining historical records
Paying employees by verifying expense reports and preparing pay checks
Paying vendors by scheduling pay checks and ensuring payment is received for outstanding credit;
generally responding to all vendor enquiries regarding finance
Preparing analyses of accounts and producing monthly reports
Continuing to improve the payment process.
Ensure timely submission of Monthly, and Annual Financial Reports.
- Ensure internal control system is functional
- Maintaining and reconciling balance sheet and general ledger accounts.
- Ensures the integrity of accounting information by recording, verifying, consolidating, and entering
transactions.
Reconciled general ledger accounts with 100% accuracy.
Reviewed customer invoices for accuracy and posted information to general ledger.
Performed reconciliation and preparation of bank accounts on weekly basis to identify and clear transactions.
Modified customer payment terms, implementing early payment incentives to reduce past due balances.
Followed up on past due accounts to collect outstanding balances.
Maintained up-to-date working knowledge of legislative changes within corporate finance.
Established credit limits for new and existing customers, performing credit checks to minimize risk of debt.
Handled budgeting process in liaison with financial controller.
Reconciled cash by day end to maintain accurate balances.
Coordinated with banks and insurance companies to arrange for payment of invoices.
Entered customer transactions into computer and issued receipts, obtaining supervisor's approval for all transactions over established limits.
Reviewed reports on cash inflows and outflows and made necessary adjustments to meet company needs.
Prepared cash forecasts to help determine cash needed for upcoming expenses.
Observed laid down operating procedures to adhere to internal controls.
Prepared monthly bank reconciliations and submitted compiled reports to shareholders.
Upheld strict financial controls by keeping funds secure and accuratelytransferring monies.
Reconciled cash drawers and daily transaction records to support accuracy.
Organised and stocked teller areas to maintain readiness for daily customer flows.
Maintained discretion and security in handling sensitive personal and financial data.
Completed special procedures for customers, ordering new cheques, stopping payments or investigating identity theft.
Identified and mitigated potential fraud and transaction risks.
Processed cash deposits and withdrawals for customers.
Reconciled accounts and cash drawers for discrepancy-free record keeping.
Auditing transactions for accuracy, including verifying signatures and reviewing account balances.