Account Executive
BDH MIDDLE EAST LLC
مجموع سنوات الخبرة :11 years, 1 أشهر
1- Daily accounting work (Purchase booking, service bill booking, Bank payments, cash payments, Bank receipts, Bank reconciliation, follow up with customer for overdue payments and Invoicing (Tally & Facts package is used for accounting).
2- Monthly closure of management accounts / month end reporting (Trail balance, P/L, Balance Sheet and Cash Flow), variance analysis, budget monitoring and preparation of various reports as required by management.
3- Performance and Ratio analysis on monthly basis and providing key information to management based on key performance indicators (KPI's).
4- Formulate financial strategy, operating & financial budgets and quarterly rolling forecasts. Monitored performance and developed budgetary control mechanism.
5- Preparation of Operating Budgets with multiple scenarios, which improved forecasting/projections (Revenue, Expenses and Cash Flow) accuracy.
6- Receivables-allocation of receipts, aging reports, SOAs of customers, Reconciliation & Processing AGIS (Intercompany expenses i.e. Reconciliation Report)
7- Fixed asset accounting, CAPEX control. Preparation of investment proposal with payback period for Capex approval.
8- Conducted cost-benefit analysis and assisted in management decisions on investment budgets including ROI and Payback analysis.
9- Dealing with bank for all banking matters & ensuring compliance with all letter of credit (DC).
10- Preparation of financial statement & getting annual accounts audited in accordance with IGAAP-IFRS. Coordinating with auditors for timely completion of Audit.
11- Formulating policies/forms/manuals and initiating financial and operational systems and processes for internal financial control, cash and fund management, cost reduction opportunities, managing internal audit and yearend audit process and ensure robust procedures and controls are applied.
12- Develop costing system for overhead recovery rates for pricing. Also cost center wise accounting.
13- Evaluate and ensure effectiveness of internal controls in all business transactions for reliable financial reporting and risk management.
14- Valuation of Inventory, analysis of Inventory and Book vs. Physical Stock reconciliation. Control on inventory transactions and records.
15- Payroll administration, Payroll processing & its Accounting
16- Controlling of Accounts Payable, Reconciliation, Accounts receivable & Inventory (Weekly monitoring). Ensure timely collection from receivables. Reconciliation on monthly basis.
17- Recommended various Cost Savings areas which were implemented by the Management.
18- Analysis of Stock and Stores - Identification procedures for Slow Moving, Non-Moving and Obsolete items, analysis of Purchase Procedure.
19- Coordinating with other Departments regarding financials transactions and guiding them for various financial decisions.
20- Coordinating with Internal/external auditors and resolving their observations.
21- Preparing of various documents for sales invoicing and getting the shipments cleared.
22- Handling the accounting work of DUQM REFINERY PROJECT in Sultanate of Oman.
23- Knowledge of UAE VAT & EXCISE (Procedures and Return filing).
24- Knowledge of UAE law related to company,
Daily accounting work, Reconciliation of Bank, Debtors, Creditors, Taxation Work
Exposed to and responsible for:
1- Daily accounting work (Purchase booking, service bill booking, Bank payments, cash
payments, Bank receipts, Bank reconciliation, Follow up with customer for overdue
payments and Invoicing (Tally package is used for accounting).
2- Monthly closure of management accounts (Trail balance,