Senior Accountant
Business Trading Group (United Retail Holding)
Total years of experience :17 years, 3 Months
Highlight:
• Accountable for handling the Capex accounts of 40+ new projects of the company including payments, recording assets, reporting as well as reconciliation.
Responsibilities:
• Supervise and manage daily operations of the accounting and finance division including payments, financial reporting, accounts receivable and payable, bank liquidity, cash management and payroll.
• Lead the accounting team in managing the full spectrum of financial accounting roles including month and end-year processes, AP/AR, GL, budgeting, cash forecasting, revenue and expenditure variance analysis, debt activity, etc.
• Prepare and maintain books of accounts, manage monthly/quarterly/ annual closing activities, and review the general ledger to ensure the accuracy of posting. Ensure all financial transactions are properly accounted for in the general ledger.
• Prepare forecasts, assist in developing an annual operating budget, monitor adherence to monetary provisions in the budget, note variances, and implement corrective actions during the next budget cycle.
• Execute all monthly fixed assets procedures including maintaining the Fixed Assets master file to ensure the accurate tracking of all fixed assets for the respective business units.
Responsibilities:
• Responsible for all accounts payable administrative functions from receipt of invoices to payment including coding invoices, matching purchase orders, obtaining approval & entering invoices into the accounting system.
• Matched purchase orders to invoices to ensure that all transactions are recorded correctly; investigated and resolved problems associated with the processing of invoices and purchase orders.
• Reviewed purchase orders and invoices for accuracy and documentation requirements; communicated with suppliers to ensure that invoices are accurate and compliant with company guidelines.
• Performed supplier account reconciliation before processing payments,
• Prepared checks for payment of bills or invoices and ensured timely payment of supplier invoices; arranged funds into banks before processing any payment.
Responsibilities:
• Prepare monthly and annual management financial statements; ensure all monthly, quarterly and annual financial reports are submitted on time.
• Ensure that all financial documents are collected and compiled.
• Ensure that critical financial analyses are performed to determine the present and forecasted financial health of the company, present potential scenarios and outcomes to the senior management team.
• Assist with annual audit preparations, coordinate with external auditors, provide them with required documentation and financial information, and assist in preparing detailed audit reports to highlight shortcomings in procedures.
• Work within budget, review expenses, and provide timely explanations of variances between actual results and forecasts/budgets.
• Manage overall payroll function for the staff across Qatar, UAE & Oman.
Responsibilities:
• Handled daily operations of the accounting department, coordinated monthly, quarterly & annual closing activities, and recorded & maintained all accounting transactions in the system.
• Maintained the company’s books of accounts, recorded journal entries, posted transactions to the ledger, and entered rectification & adjustment entries; assisted the finance team in monthly, quarterly & annual closing of books of accounts.
Responsibilities:
• Manage bank facilities (LLC & Loan) and communication with bank.
• Posted accounting entries including A/P, A/R, petty cash, fixed assets and payroll to various ledgers; reconciled all the entries and ensured the accuracy of posted entries.
• Prepared and managed bills, invoices, and bank deposits; reconciled expenses to the general ledger and ensured that all payments are properly posted, maintained records of payments and account status.
Responsibilities:
• Retrieved necessary month-end statements for the monthly closeout process and reconciled all asset accounts.
• Performed bank reconciliation to compare the balance in the bank as per the company’s accounting records with the balance stated in the bank statement, as well as prepared bank reconciliation statements.