Senior Accountant
Tech Group PJSC
Total years of experience :9 years, 10 Months
-Generate and send out invoices, follow up on collection and allocate receivables
-Prepare and review AR aging to ensure compliance
-Maintain accounts receivable customer files and records
-Prepare bank deposits, develop a recovery system and initiate collection efforts
-Performing Account Receivables reconciliation on regular basis
-Preparing Customer statement of account, status reports and responding to any discrepancies
-Prepare Daily bank position and reporting to Corporate office on Available funds
-Resolve all issues raised internally and externally around outstanding invoices
-Posting and allocating daily receipts to accounting systems
-Performing receivables analysis, weekly & monthly collection payment plans and comparison with actual figures and reporting to senior manager.
-Managing Sales and Debtor ledgers
-Monitoring debtor balances to ensure a reduction in debtor’s DSO
-Follow-up on regular basis with customers on outstanding balances via phone, email, or personally
-Processing Sub-contractor invoices, Verifying Payment Certificate, Percentage of Completion, Retentions/Deductions (Verifying, allocating, posting and reconciling accounts payable)
-Keeping track of all Supplier payments and expenditures, purchase orders, invoices, statements,
-Reconciling processed work by verifying entries and comparing system reports to balances
-Preparing analyses of accounts Payable and producing monthly reports
-Preparation of monthly payable schedules to sub-contractors and suppliers in line with funds inflows for company’s projects, issuing debit notes and credit notes to the inter companies
-Respond to all vendor inquiries & reconcile accounts payable transactions
-Reconcile vendor statements, identifying and correct discrepancies (Vendor Reconciliations)
-Inter-Company Reconciliations
-Preparation and Submission of monthly VAT returns as per FTA Laws, reconciling of purchase and sales register with ERP (MS Office Dynamics AX) G/L accounts, maintenance of record for VAT audit and group consolidations -Preparing and Posting all Journal Voucher in ERP (MS Office Dynamics AX)
-Supports monthly closing of AP system insuring that all entries properly balance for posting to the GL system and
corrections are made if errors are found.
-Maintaining petty cash requirements, PDC registers, receipts, projects revenue booking, maintaining fixed assets
register schedules, depreciation and ensuring assets security
-Assisting AFC in monthly closure of books of accounts in line with monthly reporting timelines
-Prepare Monthly Accounts Payable Ageing
-Handling all the quarries related to Vendor/Suppliers
-Worked as team member and Senior in different external and internal audit assignments for companies across
different sectors.
-Reviews transactions, documents, records, reports and performed analysis to ensure that these are compliant with the
company policy and Generally Accepted Accounting Principles/IFRS
Review of internal controls, risks and other relevant audit issues to ensure that adequate controls are in place for
transparency and safeguarding assets of the company
-Reporting audit findings to senior management along with recommendations for corrective action for policy and
deficiencies.
-Preparation and review of IFRS compliant financial statements for different clients
-Demonstrate the application of professional ethics, value and judgments
-Communicate effectively and use information and communication technology
-Prepare for and collect evidence for audit
-Responsible for processing supplier’s payments on timely and accurately manner along with distribution & posting of
expenses & accruals.
-Keeping records of all the fixed assets, filing invoices and posting JV’s.
-Performing month end procedures including bank, supplier and inventory reconciliations and presenting the same to
Chief Accountant (Assistant Finance Director) for review and approval
-Collection and review of invoices and comparison with the purchase orders and singed delivery notes for the same to
ensure that the payments are in line with actual purchases.
-Ensure all controls are applied as per accounts payable policies and procedures requirements
-Release payments of employees’ settlements (salary, Vacation Payments and Final Settlement)
-Posting of inventory into the system under different codes and verification at month end with the Cost Controller on
regular basis
-Verification and closing of the open purchase orders at month end after inquiries of status from the cost controller and
purchase manager.
-Verification and control of petty cash and reporting any issues to senior management. Responsible daily cash count
and surprise cash counts on occasional basis.
-Dealing with the bank on day to day basis for Telegraphic Transfer, Foreign Payment and all bank transfer
-Performed audit procedure in accordance with the global audit methodology of Ernst and Young on variety of clients
-Assessed the compliance of internal controls system designed by the management
-Reports risk management issues and internal controls deficiencies identified directly to the concerned persons and
provide recommendations for improving the organization’s operations
-Monitoring the internal controls
-Recommendations on how to improve the controls
-Verification of vouchers prepared by client
-Worked on Sales tax refund of Tetra Pak and Preparation of sales tax certificates
-Performed Tax compliance audit of Oilco Trading Company
-Assist in Preparation of Income Tax Returns and computations
-Worked on accounts payable module
-Responsible for performing day-to-day general ledger accounting in SAP(ERP)
-Entry and Posting of adjustments and reclassification in the SAP
-Maintaining fixed asset register and posting of new asset, depreciation and any other changes affecting asset register
-Verification of reimbursement related to petty cash expenses including traveling, office and other expenses.
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