SENIOR FINANCIAL ACCOUNTANT
United Eddy Company (United Yousef M. Naghi Group)
Total des années d'expérience :24 years, 9 Mois
Companies and Job Roles:
United Yousef M. Naghi Group
2013 To date
A. Tradable Accounts
a. Direct/ Importation of Goods
b. Local
a. Tradable Accounts-Local
1. Vendors Management -More than thirty (30)
2. 3-Ways Matching procedure
3. Vendors Accounts Reconciliations on the monthly basis
4. Analyzing and Reconciling VAT Accounts -Input and out Accounts
5. Analyze ageing reports on the monthly basis
6. Process and record payments as per contract, and prepayments also.
7. Reviewing and analyzing Credit notes, and ensuring claims from vendors on time
8. Issuing debt notes for the fixed rebate.
9. Prompt response to queries either internally or externally(vendors)
10. Handling Debt and Credit notes
11. Performed other tasks assigned by Management.
12. Analyze Accrued Payable report
B. Accounts Receivable
1. Customers Reconciliations
2. Resolving all pending issues with Customers on the monthly basis
3. Immediately inform the management about the distress and of those who go over the credit limits
4. Analyzing and monitoring credit limits and enforces the company policy.
5. Prompt actions to resolve the disputed issues, pending issues with customers
6. Keenly analyze the debt notes issued by customers
7. Extensive communication both internal and external commercial teams over credit notes and returned goods
8. Making journal vouchers of invoice and expense, and margin amount as well.
9. Record the received payments as per invoices.
C. Additional responsibilities
1. Issuing Invoice for wholesale after verifying items, quantity, and price
2. Supervise the team for annual inventory
3. Train the branch accountants regarding their jobs description.
A. Senior Branch Accountant
1. Indentifying the open order status through daily sales report
2. Cancellation and continuation of the open order as per situation to avoid any issue regarding stock
3. Collecting cash from counter Cashier with all invoices
4. Get the span reconciliation report from the span machines
5. Get the summary transaction report from span machines
6. Prepare daily sales report which consist of four further sub report
6.1 Actual Sales report based on invoices both cash and plastic cards.
6.2 Get the monthly sales report to reach the balance of actual sales report
6.3 Cash Deposit sales report
6.4 Month wise sales report based on date wise
6.5 Span Reconciliation report
7. Pass adjustment jv to adjustment any difference between cash and plastic cards
8. Managing Petty Cash for the branch.
B. Senior Financial Accountant
This part of job was in head office and related to Letter of credit operational activities.
1. Prepare LC application after receiving Performa invoice or Purchase order from purchase department
2. Send this prepared LC draft to supplier for approval.
3. Final approved LC being sent to Bank for opening purpose where credit limits and margin amount is available.
4. Bank sends us Swift copy of this LC after two or three days.
5. This swift copy also sends to the supplier as well.
6. Managing amendments regarding issued LC with bank and client.
7. Booked all relevant entries regarding opened LC draft such as bank charges, margin amount, accrued purchasing etc
8. Receiving “Document advice “
9. In Case of any discrepancies’, get approval from the higher authorities.
10. Apply for loan/Mohrabah on the basis of document advice.
11. Monitoring margin availability from the panel of banks before submitting the LC draft to bank.
12. Recording All POs’ into the system
13. Make debit note and credit notes
14. Prepare payments for local vendors
15. Reconciliation of “Statement of accounts.
16. Calculating Landing cost before recording every PO.
17. Tracking LC related documents through websites of DHL etc
• Risk Management: Inflationary, interest rate
• Evaluate the Performance of Companies
• Evaluation of value of Shares
• Analyze Monetary Policy and Trade Policy to determine the Future trend
• Continuing Review of Tax Policy and its impact on Capital Market and Individual Companies and their Shares value
• Portfolio Management.
Account Payable
• Accounts Reconciliation internal and external
• Maintain Accounts Payable
• Bank reconciliation statement
• Strong Liaison with suppliers and banks
• Assist Finance and Accounts Manager in different business affairs
• Payments and prepayments on the basis of invoices and SOA.
• Assist Superiors in Preparation of Final Accounts
• Preparation of Different reports such as comparative reports, performance reports etc,
• Do Different tasks as Assigned
• Dealing with LC affairs
• Accounts Reconciliation internal and external
• Preparing Mission Statement
• Issues Invoices
• Prepare quotations and Purchase Orders
• Maintain Accounts Payable
• Bank reconciliation statement
• Assist Finance and Accounts Manager in different business affairs
• Payments and prepayments on the basis of invoices and SOA.
• Preparation of Final Accounts
• Preparation of Different reports such as comparative reports, performance reports etc
Appoint as Lecturer
During the course i have completed many projects related to different subjects such marketing, international marketing etc. As a major filed , i have completed a thesis on the role of small business enterprises. Besides this, i have completed a project on the role of higher education in the development and progress of a country. i did a project on international marketing as well. in this i had explain the procedure how a company launch its product across its boundary.
