Accountant
Al Masaood Oil and Gas
Total years of experience :8 years, 11 Months
Role and Responsibilities
•Performing all the accounting task.
• Create and update JVs
• Create Invoices for customer after verifying the all the documents like- Delivery Note and
Customer’s PO
• Generating invoices and account statements
• Maintaining accounts receivable files and records
• Update receivables by totaling unpaid invoices
• Monitor and collect accounts receivable by contacting clients via telephone and email
• Collecting payments from customer and creating receipts
• Review and post Supplier’s invoices in ERP
• Review supplier’s Account statement and approve outstanding invoices for payments
• Analyze and update the Cost of Sales in ERP.
• Managing inventory account
• Manage and validate stock receipts and issuance of stock in ERP system
• Regularly performing Bank Reconciliation
• Performing Inter-company reconciliations with all the branches
• Performing monthly closing by analyzing and posting closing entries.
• Sending monthly Financial report to the Finance Manager.
► Ensuring the integrity of all accounting information by recording, verifying, consolidating, and entering transactions.
► Prepare & record asset, liability, revenue, and expenses entries by compiling and analyzing account information.
► Analyze and allocate various costs to the appropriate project and cost-centers.
► Analyze the cost of materials and other supplies and create cost-benefit analyses for changing vendors.
► Review and approve supplier invoices related to a project.
► Review and approve sub-contractors’ payment invoices.
► Review and approve overhead charges to be applied to a project.
► Review account totals related to project assets and expenses.
► Investigate project variances and submit variance reports to management.
► Confer with management regarding unpaid contract billings.
► Report to management regarding the remaining funding available for projects.
► Close-out project accounts upon project completion.
► Develop an effective relationship with the key project manager.
► Assist the Project Manager in monitoring and updating the project budget.
► Assuring that the money managed in the most efficient manner.
► Coordinate with suppliers and maintain records of all payment status.
► Interact with Banks and Financial Institutions for Finance related activities.
► Issue checks for accounts payable.
► Handling accounts for Sundry Debtors (Receivables).
► Handling accounts for Sundry Creditors (Payables).
► Handling the petty cash accounts.
► Administering payrolls and controlling income and expenditure.
► Preparing Bank Reconciliation Statement.
► Maintain and review the general ledger and reconcile the balance sheet.
► Assist in Audit preparation for external auditors, as required.
► Update knowledge by keeping current with financial regulations and accepted practices.
► Analyzing and recording the day-to-day transactions in the company’s accounting system.
► Posting general ledger, determining costing methods, and keying in journal vouchers into the company accounting system.
► Ensuring all incoming and outgoing payments are processed in a timely fashion.
► Handling accounts for Sundry Debtors (Receivables).
► Handling accounts for Sundry Creditors (Payables).
► Reconciling transactions by comparing and correcting data.
► Determining the cost of operations by establishing standard costs; collecting operational data.
► Closing books of Accounts.
► Preparing monthly final reports like Balance Sheet, Profit, and Loss A/C.
► Identifying financial status by comparing and analyzing actual results by plans and forecast.
MBA specialized in Financial Management.
Bcom specialized in Cost and Work Accounting.