Senior Accountant
Masgouf London Group of Restaurant, Dubai
Total des années d'expérience :14 years, 11 Mois
1. Analyzing business operations, trends, costs, revenues, financial commitments, and obligations, to project future revenues and expenses or to provide advice.
2. Prepare, examine, and analyze accounting records, financial statements, and other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
3. Reconciliation of credit card sale with received amount and outstanding balance.
4. Working closely and in conjunction with the Receivables and Payables teams to ensure that payments made, invoices raised and collections received are recorded accurately and on a timely basis.
5. Preparing the Costing for intercompany transfer of goods.
6. Finalized the settlement account between group of company.
7. Reconciliation of daily sale report for all out let with cash sale, credit card sale and bank deposit.
8. Preparation of Fixed Asset Register and calculation of depreciation amount.
9. To Ensure the daily sale, Purchase and expenses are posting accurately in the software.
10. Preparing and Posting of Accruals and Journal Voucher in accounts.
11. Preparation of Payroll according to UAE Law
12. Handling Petty cash and cash reimbursement.
13. Arrange the Annual Audit and liaison with external auditors for all matters of audit.
14. Preparation of Monthly & Annually Financial Statement.
1. Preparation of various management reports including variance analysis, stock wastage reports, detailed inventory of finished goods, work in process and raw material costs analysis and regulation of investment levels in inventory. These reports help the management in taking decisions ranging from everyday tactical decisions like frequency and size of new orders and level of inventory to be maintained to long-term strategic decisions like evaluation of suppliers and amendments in contractual terms.
2. Managing the month-end inventory sub-ledger closure and subsequent to the closure, preparing various reports that aid the strategic management in decision making.
3. Preparing and reporting the working capital on a weekly basis to senior management and analyzing the report to identify and report anomalies.
4. Working closely and in conjunction with the Receivables and Payables teams to ensure that payments made, invoices raised and collections received are recorded accurately and on a timely basis.
5. I am responsible for preparation of IFRS compliant financial statements of the company including the Group Reporting Pack.
6. Liaising with internal and external auditors to ensure that sufficient and appropriate internal controls are in place and all corporate and financial policies and procedures are complied with.
7. Leading a team that accounts for all book stock movements and reconciles them to the physical inventory on hand to ensure that all fuel purchased, downloaded and transferred is accurately recorded and variances are analyzed.
8. Managing Imports from China and direct interaction with vendors regarding quantity, quality, shipment and payment of product.
1 Preparation of financial statements, Profit & Loss and Balance sheet using quick books software.
2 Preparation of Monthly & Annually Sales Tax Return & Income Tax.
3 Preparation of Withholding Tax Return of Dealer Margin.
4 Preparation of Withholding Tax Return of Salaries, Supplies & Services.
5 Reconciling Bank accounts and other different accounts appearing on the quick books software.
6 Conducting Inland Freight Equalization Margin Audit (IFEM) on behalf of Askar Oil Services (Pvt.) Ltd.
• Coordinating with the auditors of A.F.FERGUSON & CO and resolving any issues that they raised during audit.
• Preparing statement of Surplus/Deficit in industrial freight pool and in refinery ifem.
• Preparing General Ledgers of Country Weighted IFEM, Notified cost, Refinery freight and calculating
transportation Cost by applying approved transportation rates.
7 Preparing Petroleum development Levy ledger and Temperature Gain/Loss ledgers.
8 Assisting CFO in preparing Monthly Budgeting And Variance Analysis.
9 Assisting CFO in Preparing Daily Profit & Loss Account for presenting to Directors
10 Assisting in Developing, implementing and Reviewing of Oracle Base Accounting Software
11 Preparation of Fixed Asset Register and calculation of depreciation amount.
12 Preparing and Posting of Accruals and Journal Voucher in accounts.
13 Reconcile and maintain Account receivable and payable accounts.
13 Overseeing the overall accounts of the Company.
14 Arrange the Annual Audit and liaison with external auditors for all matters of audit.