Financial Accountant
Mena energy DMCC
Total des années d'expérience :11 years, 0 Mois
Recording all Treasury accounting transactions for Oil/gas, Hydrocarbon trading & shipping, including Domestic & International Banks receipts/ payments, LC Charges, Loan setups and settlements
Updating & Monitoring the new deal/loan transactions in coordination with Trade Finance
Ensuring the timely payments on the due date to avoid late payment interest
Invoice factoring recording and reconciliations
Banks report and reconciliation ( Domestic & International)
Process the purchase and related expenses business transactions for Oil/gas, Hydrocarbon trading & shipping, verify financial data for use in maintaining accounts payable records and clarify any questionable invoice items and prices
Ensuring the VAT compliance for vendor invoices
Reconciliation of parties statement of Accounts( SOA)
Set-up new vendors ensuring proper documentation is received and entered into the system
Receive invoices, perform necessary validations and execute transactions in a timely manner and prioritize Transactions with maintained monitoring Sheets
Demonstrate the ability to solve problems, maintain confidentiality, and exercise judgment
Strong verbal and written communication skills for coordination within the operation and Finance departments to complete the work in a timely manner
Involved in management of the property with daily parties reconciliation
Ensuring the integrity of general ledger with month end closing and reporting directly to CEO for both entities.
Financial Analysis explaining the variances
Management reports like sales analysis and investment opportunities appraisal is being done on weekly basis.
Payroll Preparation and processing for both entities
VAT compliance is being completed on daily basis to ensure timely FTA return.
Responsible for daily Accounting Transactions along with proper documentation
Monthly Accounts presentation to CEO
Management of daily operations related to Administration
Actively participate in the Inventory Management
Management Reports to COO for Price planning
Tracking & Analysis of all Operating and Capitalised
Expenses
Responsible for payable and Good Receipt Process through SAP B1
Supervised the accuracy of the financial reporting for sister concern entity
Lead the internal control by having the tax and accounting standard compliance
Compiled the financial reports with sales analysis of whole HY Group
Processing of monthly payroll
Receivable & payable Management
Participated in monthly and semiannually
Handled management Accounts by reporting variances
Maintaining daily business transactions, Journal Entries
Preparation of Ledger Accounts and Rectified Journal Entries
Ageing and Reconciliation of Debtors, Creditors
Bank Report and Bank Reconciliations
Advance Diploma in Management Accounting Awarded by CIMA(UK) on completion of Managerial Level, currently pursuing the strategic level to complete ACMA designation. Achieved passing in 40% Global rate.
Masters in Commerce specialised in Accounting and Finance
Bachelors degree in General commerce including Information technology
General Commerce Training including the Advanced Accounting.