Finance Officer
Muscat Solutions & System Com LLC
Total years of experience :11 years, 10 Months
Successfully maintained end to end financial accounting for the company.
Financial responsibility for company P&L, with annual budget of OMR 1M for all units of project.
Led refinancing of company expenditure, closely liaising with banks and auditors.
Preparation of monthly MIS Report, management accounts and quarterly consolidations for all units of project.
Monthly reconciliation of income statement and balance sheet.
Month end analytical review with Management Accountant on margin and variance analysis.
Monitoring budgets and comparing them with actual cost and revenues related to projects.
Preparation and posting of month end journals, including prepayments and accruals.
Processing of purchase and expense invoices from various project units.
Settling vendor payments via Cheque and NEFT mode of payments
Monthly fund flow report for Projects and Operation managers.
Maintaining bank documentation for L/C and solving the discrepancies occurred in L/C payments & receivables.
Negotiating with the banks for export documentation requirement.
To ensure company accounts are maintained to audit standard and act as a liaison with auditors.
Successfully managing the payroll such as preparation, documentation, and disbursement of payroll related payment
Month-end Report of Income Statement and Balance Sheet.
Maintaining inter-company reconciliations statement on weekly basis.
Performing month-end close which includes reviewing and posting all automated journal entries.
Developed a strong understanding of the P&L, Balance Sheet, expense analysis, and the organization's business mode
Assuring firm income and expenses are properly recorded in accordance with GAAP.
Calculating accrual value during the month end and passing entry in GL.
Accounting of capital goods in asset account and providing monthly depreciation.
Ensuring the P&L team produce accurate analytics for senior managers.
Reviewing transactions to ensure proper accounting with established standards.
Assisting with the development and implementation of accounting procedures.
Serving as back-up for other general ledger accountants, including generating and maintaining financial statement reports.
Master of Business Administration with specialization in Finance
Bachelor of Business Management