Senior Expense Controller
Al Gihaz Contracting Co.
Total des années d'expérience :24 years, 2 Mois
• To check compliance with corporate procedures and methods.
• To identify discrepancies against compliance and case submission to internal Audit dept.
• Scrutinize the documentation as per corporate procedures.
• To review all invoices with respect to TAX implications.
• To supervise all accrued expense entries
• To supervise all debit/credit notes
• To monitor all advance payments.
• To monitor all negative ledgers
• To supervise all reconciliation with vendor statements.
• To pass adjusting entries.
• To handle Letter of credit and its payments.
• To approve or disapprove discrepancies in LC invoices.
• To handle and control payments as per complex purchase order’s prescribed terms and conditions.
• To handle progress payments as per defined BOQs.
• To prepare monthly reports regarding payments.
• Aging analysis of Creditors
• Maintain database regarding the Payments against Purchase Order, LCs issued and renewal of Bank Guarantees and Performance Bonds
• Manage all account payable tasks, including disbursement and customer vendor relations
• Handle all issues related to task in the organization
• Liaise with other members of staff across various departments and also with the legal team of the organization in the course of performing assigned duties
• Manage various factions related to accounting, like project accounting, accounts receivable
• Perform accounts payable and general ledger maintenance
• Ensure timeliness and accuracy in service delivery
• Design, implement, and also maintain various systems to improve on service dispensation
• Develop and enforce adherence by other members of staff to policies and procedures of the company towards improving on service delivery
• Mange the periodic financial record of the organization
• Provide periodic information regarding financial status of the firm to ensure that the financial statements of the organization are accurate and easily understood by members of staff
• Provide assistance to the operation staff and project managers regarding accounting, when such assistances are needed
• Provide required response to all financial concerns and questions when such questions are posed by vendors and other concerned member of staff.
• Handle full spectrum of financial and cost accounting role eg. AR, AP, GL, forecasting, budgeting etc
• Responsible for day to day finance and accounts operations
• Perform full set of accounts and ensure timely closing of accounts.
• Perform project cost forecasts/budgets, cost tracking, monitoring and controls.
• Responsible for timely monthly consolidated financial statements, payments, cash-flow management reporting for submission to HQ in France.
• Review & approve payment vouchers & journal entries.
• Perform cash flow forecasting, budgeting and working closely with the operations and project teams in analyzing margins, variances and cost analysis. • Issue project cost reports for review and approval.
• Develop and maintain internal control and effective accounting system and policies for the set up.
• Support CFO in ensuring that intercompany cost allocations are in line with management
agreements and transfer pricing policy.
• Establish and maintain systems for cost-sensitivity analysis and early-warning of cost-overruns.
• Work consultatively with the respective departments on cost reduction initiatives
• Prepare and Record Receipt and Payment Vouchers
• Prepare and Update Report for Payables and Receivables
• Maintain manual cash book
• Record Petty Cash Vouchers And Ensure That All Expense Are Recorded Properly And Posted In Their Respective Head Of Account
• Conduct Physical Inventory Audit On Monthly Basis
• Handle bills, invoices, expenses form, purchase orders and other financial documents
• Maintain Cheque Books, Payment Registers & Cash Books
• Maintain records of outsourcing and Realized Invoices
• Monitor vendor account details, identify and investigate non-payments, delayed payments and other irregularities