Supervisor - Accounting & Finance
WorleyParsons Engineering Pty Ltd.
مجموع سنوات الخبرة :25 years, 4 أشهر
RESPONSIBILITIES:
• Responsible for reviewing and completing daily transactions, invoicing, reconciliations and customer and vendor communication in an accurate and timely manner.
• Responsible for implementing company initiatives and best practices to ensure a healthy and compliant organization.
• Monitor the completion of financial and business reporting efforts that support the achievement of WorleyParsons strategic goals and objectives.
• Liaison with centralized Treasury for monthly financial needs and review bank facilities for yearly renewals
• Co-ordinate with banks for establishment of Performance and Tender Bonds.
• Monitor bank position on daily basis and review bank reconciliations.
• Prepare monthly budgets and monitor against actual results.
• Coordinate with project staff to ensure timely and accurate client billing.
• Review of monthly client invoices in accordance with commercial terms of the contract.
• Regular monitoring of Account Receivable and Unbilled.
• Ageing analysis for timely collection of invoices.
• Ensure proper classification of costs and revenue to enable proper tracking and reporting; re-class costs as necessary.
• Management Reporting for month end closing by providing various analysis and cash flow forecasting.
• Accountable for handling a gamut of crucial functions encompassing:
o Conducing financial analysis and supporting decision making of the management.
o Developing financial statements, budget variance reports including accounting policies & procedures.
o Overseeing payroll & accounts payable, project evaluation studies & scenarios.
o Reviewing bank reconciliation; managing receivables and payables/payments for SPEC Energy DMCC, SPEC International FZE & SPEC Oil & Gas FZCO.
• Interfacing with:
o Bankers for inward/ outward remittances and issuance of letter of guarantees.
o Supply Chain and Engineering Team regarding fund management.
Highlights:
• Pivotal in introducing the:
o Online banking with HSBC, HBL & SCB
o Cheque Printing System in the organization
o Successfully initiated UAE Exchange’s Smart Payment Plan to disburse salaries of workers.
o Management Reporting System to facilitate for better decision making
*Good command on SAP Release 3(R/3)
*Assist in opening and retirement of Letter of Credits
*Performed treasury operational functions such as cash management, cash forecasting, interest rate monitoring and forecasting
*Prepared daily/monthly treasury journal entries and upload into SAP G/ L system
*Preparation of monthly fund requirements
*Preparation of monthly bank reconciliations
*Familiar with procedure for opening of bank accounts
*Assisted in the provision of operational and financial analyses of proposed new investments
*Preparation and finalization of Monthly, Semi-Annually & Final Accounts & prepare all supporting schedules & notes independently
*Liaison with external auditors and provide all necessary documents required for audit
*Maintained effective relationships with banking personnel
*Monitor foreign currency market and trend analysis
*Preparation of special reports required by regulatory authorities and management.
*Taxation matters including E-filing of withholding tax returns
*Manage payments to vendors & aging analysis
*Payments including foreign payments to contractors
*Handle foreign remittances through banking channels and through money exchangers
*Maintaining GL, Fixed assets & CWIP records of the company.
Review accounting systems and related internal
controls for possible improvement and/or
shortcomings.
Recommend action plans for continuous
improvement of processes and systems and
strengthen controls to minimize risk of fraud and
errors.
Perform regular spot-checks and trial-audits for
activities related to Accounts Receivable &
Inventory management.
Prepare and follow up on a list of possible
issues and seek management assistance in
order to ensure application of findings &
suggestions given during internal audit.
Prepare regular status reporting on old, current
and possible audit findings
Major areas includes:
Taxation
Provident Fund
Risk Management
Fixed Assets / CWIP
Assist in Finalization of accounts & liaison with
external auditors in respect of above
Supervision of Financial charges of various
banks.
Supervision of Bank Reconciliations of various
banks.
Supervision of Daily Liquidity Position.
Supervision of related vouchers
Supervision of payments made to store parties.
(Internal Audit)
Responsible for payments to clearing agents
against import of Raw materials.
To prepare landed cost of Imported Raw
material.
Supervision of Power Plant reports to maintain
required inventories.
Issuance and update record of Letter of
Guarantees
Assist in preparation and finalization of Monthly,
Semi-Annually & Final Accounts & prepare all
supporting schedules & notes independently.
Liaison with external auditors in respect of above.
To prepare financial charges statement &
reconcile with banks.
To prepare journal vouchers.
To prepare cash vouchers.
Completed Stage
CGPA 3.50
2nd Division
1st Division
A-Grade Stood 1st in monthly, preliminary & board examinations througout all sections of school in class IX & X.
