Account Manager
Istanbul Group of Companies
Total years of experience :8 years, 6 Months
• Manage full cycle financial accounting, prepare and maintain books of accounts, coordinate month/year-end activities, accounts payable/ receivable, GL, budgeting, revenue and expenditure variance analysis.
• Direct the work of the accounting staff, assist in annual budget preparation and advise management on matters of fiscal procedure and importance for the company.
• Prepare journal entries and reconcile general ledger entries; monitor, record and reconcile company’s assets, liabilities, operating expenses, accruals entries and accounts.
• Monitor all transactions, verify transactions to assess the accuracy of journal entries, scrutinize income-expenditure, maintain all accounting ledgers and review all account reconciliations.
• Monitor and analyze accounting/financial data and produce financial reports and statements as per IFRS; present the financial information to assist management in formulating policies.
• Coordinate with external auditor for the interim and final studies, provide them with required documentation and financial information and assist in preparing detailed audit reports.
• Establish and enforce proper accounting methods, policies, principles as well as financial systems, procedures & control; make recommendations to improve accounting processes and procedures.
• Managed daily operations of the accounting department, monitored all accounting transactions, prepared journal entries, posted them in general ledger, examined bank statements and maintained receivables accounts.
• Supervised the closure of daily/monthly books of accounts, provided timely explanations of variances between actual results and forecasts/budgets, and suggested corrective actions to management, where necessary.
• Assisted in preparing annual budget, long-term departmental plans, and estimated year-end results.
• Ensured appropriate accounting treatment to business transactions, verified recording of depreciation, accrued income and accrued expenditure as per standard accounting practices.
• Monitored all banking transactions, performed bank reconciliations and produced reconciliation statements.
• Coordinated with internal auditors for successful completion of audits and assisted in preparation of accurate yearly audit reports; produced quarterly and annual financial statements and ad hoc financial reports.
• Ensured timely and accurate preparation of monthly, quarterly & annual internal financial reports, including P&L Statement, Balance Sheet, year-end financial reports, as well as other periodic reports.
• Prepared, examined, and analyzed accounting records, financial statements, and other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
• Managed all accounting transactions, posted and processed journal entries to ensure all business transactions are recorded as per company standards.
• Assisted senior accountants in the preparation of monthly/quarterly/annual closings.
• Reconciled AR/AP; reconciled financial discrepancies by collecting and analyzing account information.
• Reconciled creditors and debtors accounts, performed verification of cash receipt vouchers on regular basis and performed debtor and creditor reconciliations.
• Performed bank reconciliation to compare the balance in the bank as per the company’s accounting records with the balance stated in the bank statement.
• Prepared sales invoices performed inputting, matching, batching and coding of invoices and maintained an accurate accounts filing system.
• Managed recording of fixed asset acquisitions, accumulated depreciation and calculated depreciation for all fixed assets. Maintained the detailed schedule and conducted periodic physical inventory counts of fixed assets.
• Supported the business by producing accurate financial and management accounting information to assist in effective financial decision making.
• Prepared financial statements on monthly basis and submitted to senior management for further review.
• Assisted in the processing of balance sheets, income statements and other financial statements according to legal and company accounting and financial guidelines.