Accountant
Emaar Development PJSC
Total years of experience :4 years, 9 Months
Main roles and responsibilities handled are: Processing, Reviewing, Validating and Verifying Invoices; tracking and ensuring the timely payment to vendors as per the Payment terms. Arranging for funding in the respective accounts to pay off Vendor Payments. Recording Invoices and ensuring accurate application of credit notes against the same. Reconciliation of balances with Vendors with our workings and clearing their queries. Process and record Inter-company invoices and their periodical reconciliation. Passing and Reversing Monthly entries to record Accruals. Daily providing, monitoring and reviewing Cash Position Report of more than 100 Accounts, including both Escrow and Free Cash, spread across 7 entities. Ensuring adequate bank balances to meet both short-term and long-term requirements. Reconciling Bank and Book Balances and finding out the reasons for discrepancies. Analyzing in detail all elements of Cash Outflows; and reporting on the project-wise and category-wise uses of cash as well as Project-wise funding and withdrawals. Handling queries of the Management and Internal Audit team regarding the same. Assessing PO-wise and Vendor-wise commitment report; and analyzing the total cost and actual paid cost. Computing timely and accurate data for the Budgeting and Forecasting process by forecasting the periodical future costs payable; and periodical assessment of variances from the Budgets and Forecasts. Preparing audit schedules related to Cash and Bank, Project Costs, Advances Paid and Retention. Aiding in providing samples and clearing queries of Auditors. Coordinating and brain-storming with the IT department for automation of standard reports and processes resulting in saving more than 20 hours monthly. Conceptualizing and creating various Power BI dashboards in collaboration with IT. Validating and verifying the figures in the Power BI dashboards on a regular basis.