Associate Accountant
Unitra International LLC
Total years of experience :7 years, 4 Months
Supervise the A/R and A/P and work closely with senior management to help make critical decisions about investment funding, credit extension and expense management.
Raising VAT Invoices towards Marketing cost /Trade spend, Rebate & Other expenses to reputed supplier like Red Bull, San Pellegrino, Carlsberg, Goody, Vita C, Exotica, Prostel etc.
Issuing Credit Notes for Visibility spend/ Product listing / Shelf rent on monthly basis to clients like Carrefour, Spinneys, Union Corp, Sharjah Corp, WestZone, Lulu etc.
Preparing cross charge report to vendors. Processing claims and follow up on cash call for timely settlement.
In charge of Fixed Assets, from creation of codes till disposal in SAP as per company policy.
Preparing actual spend reports of WIP capex from various vendors & submitting to management on monthly basis.
Supervising and reconciling physical inventories on monthly basis.
Reconciling Bank Statement on daily basis.
Liaising with bank related matters like signatory change / adding new signatory / arrange meeting with bank representative and Board of Director.
Posting accruals, amortization & passing necessary JV’s for month end process.
Preparing balance sheet reconciliation.
Preparing Audit Documents.
Maintaining intercompany account and reconciling every month.
Finalizing DA of Chartered vessels of Shell, Chevron, Petroleo Brasilio (Petrobras), BP, Swedish Navy, Gazprom, etc.
Forecasting and maintaining Owners Cash Flow as per vessel’s voyage in a very efficient manner and disbursing up most to the owners benefit.
Requesting for Cash to Master and final settlement from principal on daily and weekly basis.
Monitoring and controlling both, payables and receivables accounts. Follow up, collection and allocation of payments.
Reconcile statement of accounts periodically from port agents and settle the same for the region assigned.
Investigate and resolves queries of principals.
Monitoring lead time to receive Final disbursement and chasing Port Agents accordingly.
Spotting variances between Proforma DA and Final DA and obtaining explanations from Port Agents and/or HAC for same and ensures proper comments are updated in system
Co-ordinate Port Agents & Hub Agents for revised port tariff or port information & updating the same in port library and advising Global Disbursement Centre (GDC) team and Hub Agency Companies (HAC).
Handling audit by Principal in conjunction with Management and operations personnel.
Coordinating with Other dept. in London, Huston and Singapore on daily basis.
Managed Warehouse operation totaling of 1000 line items with a combined value over AED 2M. Execute all shipping, receiving and storage functions.
Supervise and assigning the task on daily basis to the team of 4 subordinates and ensure completion of task in given timeframe.
Responsible for issuing raw materials to production on demand and account it for consumption.
Monitor stock accumulation, determining discrepancies & abnormal consumption and taking effective measures.
Maintain inward and outward on daily basis in Sage.
Responsible for physical Inventories check on monthly and yearly basis and reconcile the same. Coordinate with purchase and sales department about stock availability.
Planning for upcoming goods; minimizing demurrage, highlight goods damaged in transit, taking preventive measures for the safety of stocked goods. Interact with Freight Forwarder for goods delivery etc.
Handling Inventory Audits.
Preparing & posting sales invoices in system.
Issuing payments to vendors as per due date.
Monitoring & following for receivables. Updating management on payables and collection.
Preparing monthly bank reconciliation Statements and correspondence with bank on various matters.
Communicating with suppliers on invoice queries and follows up for payments.
Re-export Goods from Dubai Customs and follow up for the Refunds of Re-exported goods.