Senior Accountant
Al Khaja Holding LLC
Total years of experience :16 years, 9 Months
• Managing and overseeing the daily operations of the accounting department.
• Monitoring and analyzing accounting data and produce financial reports or statements.
• Establishing and enforcing proper accounting methods, policies and principles.
• Preparation and finalization of financial and strategic planning, monthly/biannual/annual management accounts.
• Finalization of quarterly budgets keeping in view net cash flows for management decision making and variance analysis in order to reduce the overall cost.
• Handled the company’s complete cash flows in order to ensure liquidity optimization.
• Monthly, biannually and yearly accounts closing, consolidation, and working papers for prospective audits in order to ensure timely completion.
• Lead the complete accounts departments like AR, AP, insurance, taxation, imports, new hiring, appraisals and promotions.
• Preparation & submission of monthly VAT returns of overall group.
• Prepared journal entries, reconciled general ledger accounts & bank statements, and managed all accounts.
• Collected information and summarized the company’s financial status with the aid of balance sheets and Profit & loss statements, analyzed accounting options, and suggested financial actions to the management.
• Managed payrolls and audited transactions, reconciled financial discrepancies and effected corrective measures promptly.
• Processed payroll (WPS) on monthly basis of more than 300 Employees & checked for accuracy.
• Produces payroll by initiating computer processing; printing cheques, verifying sales figures and allocating performance bonuses.
• Developed and maintained financial policies, coded invoices, and closed books monthly, computed taxed owned by companies and employees following standard regulations.
• Account reconciliations of Du & Etisalat activation with CRM report analysis and internal reporting.
• Calculated, File / submit & payment of VAT-(FTA) of company on quarterly basis.
• Support Administration, HR, PRO & other departments for their relevant work.
• Prepare, examine, analyze accounting records, financial statements, and other reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
• Document financial transactions by entering account information.
• Prepare bank reconciliation statements.
• Prepare & Reconciled monthly statements
• Reconcile financial discrepancies by collecting and analyzing account information.
• Prepare payments by verifying documentation and requesting disbursements.
• Prepare special financial reports by collecting, analyzing, and summarizing account information and trends.
• Check & verified all accounting records of clients.
• Arrange and conduct interviews with various proprietors, partners, shareholders, and other executives of the different businesses as per banks’ request to carryout evaluation and verification of potential clients.
• Frequent liaison with the client & Banks.
• Compiled different Creditworthiness reports like Income estimation reports, SME businesses borrowing reports, Market survey of clients, Cash flow statement, etc
• To perform Quality control checks of above reports
• Verifying the books of accounts including Vouchers, Ledgers, Cash book, Bank statements, Internal documents, etc.
• Rectify any errors and guide the client about the proper way of maintaining and preventing such errors.
• Prepare Audited Accounts of the company according to IAS (International Accounting Standards
• Report the Final Audited accounts to the Audit Manage.