Senior Accountant
Ali Bin Ali Beverages (Pepsi Cola)
Total years of experience :10 years, 10 Months
Analyze and prepare financial and management reports on monthly basis and present it to the team on quarterly basis.
(P&L, BS, Cash Flow, GP analysis, Overhead Absorption analysis, material usage/price variance analysis, and stock expiry / damage analysis.)
Improvised on methods to collect data and generate statutory reports in a timely manner.
(Monthly Production Planning Index & Annual Ministry Economic Survey report, Tax file.)
Lead the insurance activities of the company.
(Valuate and declare insurance coverage for renewal / endorsement of the policies. Communicate the clauses and conditions of the policy to all relevant stakeholders. Liaise with insurance company on the process to claim on the losses incurred during disaster and follow-up till recovery of funds.)
Import Product Costing.
(For new supplier proposals, evaluate the pricing against existing vendors along with landing cost calculation and assist the management in decision making / negotiation purpose.)
Budget and Forecast.
(Assist in overall budget preparation with more emphasis on general overhead expenses and product costing.)
Monitor the inventory value to ensure check within budgeted nos.
(Investigate if stock levels are unusual compared to budget nos. and report to financial controller with sufficient details to plan next course of action.)
Monitor and review weekly, monthly, quarterly and annual inventory counts & reconciliation for internal control and audit purpose.
Review supplier invoices and approve for accounts payable entries in accordance with company policy. Also, verify and post petty cash entries, month end journal entries and maintain balance sheet schedules.
Assist the management to develop strategies, and to implement internal controls.
Interact with stakeholders to address their concerns and provide reports as per their request.
Executed the activities of an associate company (Platinum Tower LLC), which had revenue of QAR 68M, under my own steam reporting to the CFO.)
Daily bookkeeping and accounting processes including; AP, AR, payroll, Petty cash, bank and inter-company reconciliation.
Prepare journal entries for prepaid and accrued expense and deferred revenue.
Assist in preparation of monthly financial reports for management.
Coordinate and implement accounting control procedures.
Development of annual budget and budget analysis.
Coordination of year end audits.
Maintain the books of accounts for new business investment and prepare financials.
As research analyst, was part of a dedicated project to prepare and analyze financial statements of US listed entities, through XBRL platform (www.xbrl.com), advise and assist USA based public listed companies to prepare XBRL accounts and guide them on US SEC
requirements. Also responsible for efficient work allocation among subordinates, review their work and guide them.
Part time employee in a business unit which focuses on retail & wholesale sales of electrical equipment. Managed bookkeeping, payroll and price tagging activities.
Joined as an assistant accountant and then got promoted to accountant. Responsibilities undertaken included AP/AR entries, Journal entries, payroll processing, reconciliation of bank statements, coordination with stakeholders and assist in preparation of financials.
Worked as a management trainee in finance & operation department.
Reading last stage (Strategic Level).