Senior Accountant
Tech Group
Total years of experience :12 years, 9 Months
Preparing financial statements along with financial commentary for management on monthly basis.
Posting vendors invoices (Trading & Contracting) as per SOP in Dynamics AX after verifying the authorized relevant LPO & GRN.
Preparing monthly summary of LPOs did GRN but not yet invoiced & follow-up of the same for posting of missing invoices before closure of month.
Preparing monthly aging report for business unit General Manager and CFO review and after discussion preparing monthly payment plan.
Verifying vendor payments (LCs, Cheques & Guarantees) are being prepared after three way matching, balances are reconciled and then processing it for authorized signatory of all business units as per SOP.
Coordinating with bank for issuing LCs (Sight/Usance) and Guarantees (APG/PG) as per business unit requirement.
Preparing project wise payable report on daily basis.
Maintaining business unit wise daily outflow report and submitting it to treasury team.
Preparing weekly summary of work done to date, Billing, Certification and Collection from projects and analysis of the same.
Preparing the monthly actual sales summary BUs wise and comparing it with budgeted and highlighting the variance to management.
Verifying General Ledger entries are accurate and posting of same.
Recalculating and processing leave and final settlements.
Calculating input VAT on monthly basis & submitting the same to VAT consultant for review.
Extensive experience of EDP Accounting Software and Oracle ERP.
Prepare financial statements & other reports of Commercial Printing Operations for senior management.
Account Receivable Management and co-ordination with customers.
Manage and reconcile the intercompany transactions on monthly basis.
Prepare bank Reconciliation and all other reports as & when needed.
Ensure General Ledger entries are accurate and are in line with Company Procedures.
Ensuring accurate and appropriate recording and analysis of revenues and expenses.
Prepare, analyze and report weekly, monthly, quarterly gross margin analysis Job Wise.
Prepare WIP & journal entries as necessary.
Coordinate in physical inventory count.
Preparing monthly idle time report.
Preparing job wise actual Cost and contribution Sheet and comparing with estimated job wise cost & investigating variance.
Preparing monthly labor hour rate and machine hour rate for month end actual costing.
Preparing monthly consumption of goods report.
Prepare detailed account analysis and reconcile sales and purchase, cost and inventory & vendors accounts.
Prepare Daily wastage report of newspaper commercial operations.
Preparing Consolidated Profit and Loss Statements, Balance Sheet, Fund Flow Statement (Daily and Monthly), monthly closing and cost accounting reports (UAE & OMAN).
Compile and analyze financial information to prepare entries to accounts, such as general ledger accounts, document business transactions & a complete day to day accounts book keeping and ledger entries.
Reconciliation of Sales, Purchase, Purchase Return, Visa Card Receivables, Suppliers A/C, Debtors, Petty Cash, Cash in hand & Bank on monthly basis.
Reconciliation of Inter Company balances on a monthly basis.
Payments to Import & Local Suppliers though LC/TT & monitoring supplier advances.
Accounting for Import Purchase, custom, Freight & clearing.
Preparing detailed reports of Consignment payment to Suppliers.
Dealing with Payables, screening invoices, verifying all supporting documents, and processing payments based on credit period and policies.
Payroll processing including leave & final settlements.
Monthly stock control, physical inventories and variation reports.
Monthly Expenses Comparison report (Electricity & Water, Telephone & Fuel) & Allocation of monthly expenses to Branches.
Preparing Sales & Purchase budget on monthly basis.
Preparing monthly Provision for Staff Benefits Gratuity, Leave Salary & Air Fare.
Maintaining the Fixed Asset records & Depreciation as per set policy and procedure.
Cost, Margin & Pricing analysis.
Performing Variance & Ratio analysis.
Supplier wise stock report, Slow moving inventory report & Supplier wise and branch wise sales report.
Preparation of consolidated daily sales report.
Posting daily sales statement, deposits & visa card receipts.
Reconciliation of cash in hand, visa card & Bank accounts.
Posting of Purchase & General expenses including Petty Cash expenses.
Preparation of payment vouchers & cheques.
Coordination with import suppliers for all concerns regarding order, documentation, shipment schedule, clearance, discrepancies & claims.
Preparation of import costing sheet, LPO, bank TT applications & marine insurance.
Preparations of weekly and monthly attendance register.
Accounts, Finance & Audit