Senior Accountant
AlMoweil Incubation and Acceleration Company
مجموع سنوات الخبرة :15 years, 9 أشهر
Maintain accurate and up-to-date records of all financial transactions
Supervise the day-to-day operations of the accounting Department
Preparing Monthly, Quarterly and Annual Financial Statements
Computation and payment of Payroll on a monthly basis.
Supervision of the Reconciliation of Bank statements
.Reconcile and analyze key transactions and accounts by comparing and correcting financial data.
Execute Accounting Procedures & Policies, and make sure that all accounting allocations and estimations are appropriately made, and documented
Implement Internal Control system over the company’s accounting and financial procedures
Continuous Evaluation of Accounting ERP systems and providing recommendations to IT team for performance improvements.
Advise and assist the Management in the compilation and control of the Master Budget.
Prepare trend analysis on comparative data, analyze financial discrepancies and recommend effective resolutions.
Prepare Cash Budget
Provide training to new and existing staff as needed and document the training
Summarizes financial status by collecting information, preparing Balance sheet, Profit and Loss, and Cash Flow statements.
Maintain general ledger; prepare a trial balance; and reconcile entries.
Prepare monthly account reconciliations.
Record and verify advances from customers.
Review of Accounts Receivable aging to ensure compliance.
Support management by providing timely and accurate customer payment reports and account standing information.
Verification of supplier invoices and follow up of advances to suppliers
Manage workflow to ensure all payroll transactions are processed accurately and timely
Prepare monthly management reports
Vendor Master Administrator - handling Vendor Master Activities, updating Vendor Master Database by monitoring Supplier Due Diligence, and follow up of DNU/DNP policy as per JCI Portal.
Accounts Payable: Making sure that a supplier exists in Vendor Master and is not blocked and assuring that it is not in the DNU/DNP list.
Verifying and booking of supplier invoices in accordance to JCI Supporting Documentation Policy- by three-way matching with Delivery Note, Purchase Order, Invoice Label, and Service Completion Reports.
Payables Reconciliation: Follow up of all payables by preparing Accounts Payable Ageing report, and reconciling supplier statements against the company’s payables.
Processing Payments to suppliers by following Procure-to-Pay policy and in accordance to JCI Project 36 Weekly Preliminary Payment reports. Preparing GPRF by making sure that Supporting Documentation Policy is followed, and Payment approval is done in compliance to DOA Matrix.
Cash Management: Calculating DPO and Reporting Daily Cash Position of Master and Operating accounts to Finance Controller, and monthly reconciliation of all bank accounts.
Preparing Prepayment Amortization schedules for insurance, rent and prepaid subscription
Verification of advance payments to suppliers / subcontractors.
Update the connection between General and Subsidiary Ledger in accountancy system, iScala
Monitoring fixed asset acquisitions, recording sale and disposition of assets
& preparation of monthly depreciation schedules.
Reviewing and Posting Daily Vouchers.
Bank reconciliation.
Petty Cash Control
Review and reconcile accounts
Reconcile Receivable and Payable accounts
Follow up on clients and supplier aging.
Assure that all monthly closing vouchers (Prepaid expenses, Depreciation, Accrued expenses, Salaries, Provision for Gosi - End of Service and Vacation) are done before publishing monthly reports.
Prepare and analyze the monthly P&L and Balance Sheets.
Analyze variances between monthly budget and actual expenditures.
Great Distinction