Senior / Chief Accountant
Fortune 5 Real Estate Broker LLC
مجموع سنوات الخبرة :16 years, 1 أشهر
• Planning & implementing monthly, quarterly & annual accounts closing.
• Generating Reports According to Agents, Periodic and Area wise.
• Representing Finance Department in meetings with Directors and Managers to apprise them of financial processes and its impact on operations. Understanding their concerns and incorporating them in processes.
• Analyzing and Interpreting financial data to recommend changes for improving systems & financial performance.
• Representing Finance Department in meetings with Directors and Managers to apprise them of financial processes and its impact on operations. Understanding their concerns and incorporating them in processes.
• Analyzing and Interpreting financial data to recommend changes for improving systems & financial performance.
• Working on with various Documents related to transaction between customer and Agents
• Updating on property stock of company and periodic update on stock.
• Bank Reconciliation according to Agency fees and Commission Calculation for each Agent.
• Preparing Payroll and other Employee Documentation.
Senior Accountant Jul 2012 -Present
Magnus Advertising LLC - Dubai, UAE
(A leading advertising & Marketing company with AED 40 million turnover)
• Overall responsibility for the production of all Financial and Management information.
• Front line liaison with External Auditor.
• Ensure strong control environment, oversee production of budgets and forecasts.
• Cash management control and secure liquidity planning.
• Supervising accounts functions and ensure the accounting system is updated on a regular
basis.
• Participating in strategic planning and long-term business plans.
• Manage coordination of internal audit processes.
• Develop, plan and administer policies and procedures in accordance with the company goals and objectives, as well as the Corporate Risk Plan and Sustainability objectives.
• Formulation and consolidation of operational budget.
• Day to day running of the department of 5.
• Prepare financial reports on quarterly basis to be presented to CEO and Board.
• Monitor the activity of all staff member in Finance Department.
• Ensure the accuracy and Integrity of the general ledger accounts under the proper cost centre.
• Ensure adherence to all internal and external regulations, to embed Compliance Risk
monitoring as an integral part of the business process
Senior Accountant May 2011 - Jul 2012
Emirates Transgraphics LLC, Dubai, UAE
(A leading printing equipment & instruments trading company with AED 50 Million turn over)
• Prepared and reviewed monthly and yearly financial statements for all subsidiaries of the company and reported to the CFO. This included devising income statements, balance sheets, and cash flow projections as well as aged receivables and payables listings 10 days prior to month ending.
• Analysed key finance performance indicators and trends, such as financial ratios and cross
division comparisons which, includes establishing financial benchmarks of acceptable
performance and comparison of actual results to budget thus initiating corrective actions.
• Directed the financial accounting activities such as: invoicing; refunds; purchasing; payroll;
collection of accounts receivable; management and payment of suppliers and contractors.
• Monitored and managed banking relationships, including credit lines, analyzing the cash flow and managing short and long term debts as well as performing bank reconciliations.
• Devised annual budgets to be presented to the Managing Committee and the Division
Managers; and preparing of cash flow forecasts on a weekly / monthly basis.
• Reviewed financial aspects of new business opportunities like preparing a business case study
that would assess the risks, rewards and financing strategies for key opportunities.
• Established quality management systems within the company and monitoring quality for all
overseas clients.
Reported the MIS with expense schedules to the Management.
o Compiled and prepared reports of the entries posted by the juniors, checked and approved the same.
o Monitored daily bank balances through Internet banking and prepared Daily Bank Balance statement.
o Monitored Receivables and Payables and submitting weekly reports to Finance Manager, General Manager & Chief Financial Officer.
o Checked Daily Outstanding Statement updated by the Junior Accountants. Determined the payments which are to be made based on the availability of funds as per the Daily Bank Balance Statement, after discussing with the Finance Manager & Procurement Manager.
o Organized the Bank Reconciliation Statement in the Accounting package Tally ERP and preparing it for presentation.
o Checked debtors and creditors outstanding and preparing disputed customer list and submitting the Chief Financial Officer for appropriate action. Monthly Sales, Purchase and Production Reports
o Preparation and Submission of Invoices / Bills for Work in Progress for different projects.
o Follow up and recovery of retention money, withheld by different customers for their various projects.
o Attending monthly receivable meetings with Sales Team, checking the overdue receivables & discussing the reasons, if collection were not made as per the budget.
o Monitoring the daily Purchase booking, Invoicing, Journals, Debit/Credit notes and other accounts related transactions.
o Facilitate the HR department by preparing the manual monthly provision report (EOSB, Leave Salary, Air Ticket) and reconciling the same with Payroll Module.
M.COM - Master of Commerce.
• Masters in Business Administration (MBA) - Finance • Master of Commerce • Bachelor of Commerce