Senior Accountant
Al Siddiqi Holding
Total years of experience :17 years, 11 Months
• Encoding and decoding the various data in Microsoft AX.
• To Prepare General Ledger, Process Vendors Invoice, Scrutinize Accounts payable and making payment for Vendors.
• Posting and updating sales and preparing sales report.
• Doing monthly and yearly bank reconciliation.
• Preparing monthly financial report and submit to Management.
• Making Trial Balance, scrutinized that and helping to seniors to Preparing Consolidated Balance Sheet.
• Taking part in annual audit.
• Making Letter of Credit and follow up with clearance of shipment and prepare costing for that.
• Prepare and process payroll and deductions schedules.
• To check monthly payroll and coordinate with human resource staff for salary allocation. Sound knowledge of WPS Qatar & UAE.
• Chief of Inventory department for conducting inventory of all retail stores under Al Siddiqi Holding.
• Reconciling stock with book of account.
• Receives and Receipts cash and check payments; posts and reconciles payments to the ledgers.
• Review credit balances, refunds and adjustments, reconciles, corrects and applies adjustments to billing records.
• Balances daily batches and reports, prepares income reports and statistics and distribute reports.
• Prepares statement of accounts.
• Ensures strict confidentiality of financial records.
• Performs miscellaneous job-related duties as assigned.
• Reviews all receipts and disbursement.
• Overseas the Accounts Receivable.
• Overseas the Monthly Financial Statement Report.
• Ensuring that all funds/receipts are properly deposited in designated banks.
• Prepare and process payroll and deductions schedules.
• Monitoring of currency exchange rate for telegraphic transfer payments.
• Prepare, record and process telegraphic transfer payment and fund transfer.
• Monitoring Advances to/from Supplier.
• Prepare the inventory costing.
• Making Trial Balance, scrutinized that and Preparing Balance Sheet.
• Assist the internal auditor with the year-end Financial Statement Report.
• Perform monthly bank reconciliation, if needed.
• Establishes relation with banks and other financial institutions.
• Making enquiry of materials, follow up for quotation and making LPO.
• Preparing / handling office & client correspondences.
• Posting Payment, receipt vouchers & journal entries to the accounting system.
• Posting of purchase & sales entries.
• Maintaining of all bank passbook and all documents of cash transactions.
• Preparing accounts reconciliation for ledger accounts.
• Audit Assistant on VAT Audit of companies like ITC India Ltd., General Motors India Ltd., and Deepak Nitrite Ltd.
• Handle and managed customer billings, supplier invoice payments and journal vouchers entries, adjustments and closing accounting activities cycle for general ledger.
• Review all transactions related to financial and accounting activities for audit.
• Conduct physical inventory count on all assets at the time of audit.
• Preparing audit report and submitted to the management.
• Assets verification of ITC Ltd. Pune (Plant of product Bingo at Pune) & General Motors India Ltd (Pune).
• Keeping records day to day for incoming & outgoing faxes & office correspondence.
• Responsible for handling, security and confidentiality of every client correspondence/documents files.
• Monthly Sales and Purchase verification of companies like ITC Ltd (Pune), VW India Pvt Ltd., Nord Drive System Pvt. Ltd.
• Maintain and update comprehensive filing system.