Sr. Chief Investment Accountant
Jassim Al Wazzan Group
Total years of experience :20 years, 0 Months
Independently handling accounts of group’s two holding Investment companies( Real Estate & Corporate investments) incorporated in Kuwait and Bahrain. The detailed of the job profile as follows;
Finalization of standalone financials, consolidation of Holding company financials.
Finalization of Trial Balance and preparation of consolidated income statement on a monthly basis.
Preparation & presentation of quarterly financials to the management.
Responsible for supervising the MIS Report of;
Fund managed by the company (Daily)
Quoted share portfolio (Daily)
Cash flow & cash position (weekly)
Rent collection report (Monthly)
Ad hoc reports, if any
Preparing monthly MIS report on performance evaluation of various Portfolio & Direct investment of the Company
Analyzing the updates from the Investment advisors on private equity fund and various investments to prepare a presentation to the investors(Directors) on key areas and performance on a quarterly basis.
Yearly budget preparation, comparison & variance analysis and report to the management.
Group Company level Fund position monitoring and management.
Handling annual (external) audit of the holding co.
Coordinating with group companies & various departments for the smooth flow of operation
Supervision of subsidiaries to ensure the deadlines for the MIS report submission
Assisting in preparing financial models using various assumptions for the future projections & Sensitivity Analysis for the management.
Supervising & review of the online database to ensure the up to date availability of information.
Reporting to Managing Director.
Accounting of receivables of US based client Dow Chemical Co. for their European customer.
Debtors aging report
Coordination with credit control department.
Debtor’s reconciliation.
MIS report
Worked on contract basis as a consultant for their corporate office.
General Accounting, Account payables, Receivables
Branch Accounting
Treasury operations & coordinating with banks for day to day operations.
Preparing & Handling Tax Matter Formalities such as Central Excise tax, service tax, Income Tax, Profession Tax & Tax Deducted at Source (TDS).
Inter company and Bank reconciliation.
Started as an accounting trainee on contract to maintain books of accounts
Finalization of Trial Balance and preparation of income statements
Branch Accounting
Job wise costing and variance report MIS.
Branch level fund management and treasury operations.
Preparing & Handling Tax Matter Formalities such as Service Tax, Profession Tax & TDS.
Intercompany and Bank reconciliation.
Scrutiny of ledgers
Management Information System (Report) details as under;
Debtors Ageing & Creditors Ageing, Customer wise profitability & Ratio Analysis (Basic)
