Senior Accountant
Alghanim International General Trading & Contracting Co. LLC
مجموع سنوات الخبرة :12 years, 4 أشهر
Managing all treasury & payment operations for all projects.
Petty cash reconciliation for all projects.
Preparing Invoices for clients and vendors payment certificates.
Month end financial and accounting reporting & analysis.
Month end strategic cost accruals and cost allocations for all projects.
• Managing all accounting and financial activities for MS Construction projects in pan UAE from MS HO.
• Effective monitoring and management of Group Fixed Assets Module viz new asset capitalizations, disposals, transfers, calculating & reviewing deprecation with enhanced analysis & reporting for top management review.
• Maintaining Plant Module for activities related to projects & plant and reviewing the equipment rates & charges
on monthly basis in form of month end hire charge run report.
• Posting month end journals & accruals.
• Managing cost allocation charges to various projects based on relevant defined cost center.
• Managing AP Ageing of subcontractors & suppliers via Invoice costing & analysis.
• Timely preparation of payment vouchers as per ageing analysis for payments.
• Coordinating & resolving payment issues with suppliers.
• Managing all accounting and financial activities for RTA - upgrade junctions airport road project.
• Facilitating project payment through LC’s, CDC’s, EFT’s etc.
• Coordinating with treasury on LC/Bill discounting//BG Charges & communicating the same to Commercial & Project Manager on support of debit advices from bank.
• Managing of project LC facility for effective financial operations of project progress.
• Working with project planning department on material & subcontract work forecast for preparing estimated LC requirements.
• Preparing monthly cash flow forecast report for Top management review.
• Managing AP Ageing of subcontractors & suppliers & preparing critical payment list after consideration with CM/PM/PD.
• Coordinating with project, finance, suppliers and subcontractors to resolve all business queries.
• Effective handling of petty cash worth AED 100, 000/- and processing of replenishments to manage proper cash on site for effective business operations.
• Processing payments via cheques/Cash/Fund Transfer for IMG group.
• Maintaining Group Bank Book to record the Payables & receivables on a daily basis date wise.
• Timely checking of the bank book balances and tallying it with the Focus Accounting System.
• Processing Payments via cheques/Fund Transfer for Suppliers/Vendors as per Outstanding Report.
• Preparing month end Bank Reconciliation report & submitting the same to Chief Accountant
• Processing Month end Salary Payment through WPS & NON WPS transfer as per HR Salary Report.
• Managing Accounts Payables & Receivables for projects PAN India.
• Reviewing necessary approvals from site in charge for any payments to Sub Contractors & Labors & prioritizing their payments on first hand.
• Coordinating with clients & Inter Company relevant Departments on successful receipt as per RA bill.
• Maintaining Bank Books in order to review actual position on a daily basis.
• Preparing Bank Position & Future Committed Liability report in order to arrange funds accordingly.
• Processing of TT Payment/CDC/PDC Requests.
• Transferring funds as & when required Inter Bank or Intra Company.
• Managing facility utilization from different banks efficiently to minimize interest cost of the group.
• Coordinating with banks on LC/Bill discounting/TT payment/BG Charges/Margin & communicating the same to AVP finance on support of debit advices from bank
• Bank Reconciliation Report on monthly basis to be submitted to Finance Head.
• Preparing cash flow & estimated cash flow report on monthly bases.
• Internal reporting with AVP Finance & preparing of management reports & analysis of company’s financial & operating performance.
• Managing all purchase invoices & posting the same in the system
• Managing all sales invoices, credit card bills & posting the same in the system
• Handling Petty cash & submitting the daily cash report to Manager - Accounts
• Bank & Intercompany Reconciliation reporting at month end
• Profit & Loss & Balance Sheet reporting with Sr. Accountant to Accounts Manager at month end
• Coordinating with external auditors for A/C. finalization
• Generating & maintaining MIS reports
• Purchase & Sales Invoice accounting project wise & posting the same in the system.
• Petty Cash accounting & Fund requirement details for payments for reporting.
• Preparing ageing report client & project wise & submitting the outstanding report.
• Bank Reconciliation on month end.
• Assisting Chief Accountant in preparation of P&L, Balance Sheet & MIS reports.
2 year full time residential MBA in Finance
Graduated in Commerce with specialization in Accounting & Auditing.
