Finance Lead
AlMansoori Specialized Engineering
Total years of experience :15 years, 5 Months
Preparation of monthly financial pack (MIS report
with synopsis ).
Preparing and analyzing monthly, quarterly, and
annual Income Statements, Trial Balance, as well as the balance sheet.
Monthly reconciliation of accounting records and
GL reconciliation.
Maintaining accrual/prepayment schedules,
Preparation of journal vouchers, and passing
entries for finalization of accounts.
Preparation/Monitoring of monthly bank
reconciliation, Supplier reconciliation and
Inter-company reconciliation.
Coordinate with the Head office for inter-company
recharges and record necessary transactions.
Preparation of the monthly “With Holding Tax
schedule” and forward to auditors for With Holding
Tax Return filing.
Passing Fixed Assets Transactions such as Additions, disposals, transfers, and monthly depreciation.
Updating fixed asset register in Audit format.
Planning, coordination, and taking the lead in the periodic physical count of inventory/Fixed Assets.
Working closely with the I.T. Department to ensure
the effective implementation of new reports
Implementation of appropriate system controls to
detect and minimize paperwork.
Verification of local purchase orders, Capital
purchase orders, and Capital disposal requests.
* Accounting up to Finalization and Monthly & Yearly
Trial Balance.
* Coordinating and supervising the various
accounting functions assigned to staff.
* Collecting TDS (Tax Deducted source) of
Advertisement, Salary, Profession and Rent. Filing
in Income Tax.
* Monthly verifying Sales, Purchase &Returns and
updating in Sales Tax (VAT) Site for Whole
Branches.
* Planned and carried out internal audits
* Verification of journal and ledger entries, bank
statements, inventories, expenditures, procedure
manuals and other accounting and financial
records, to ensure financial recording accuracy and
compliance with established accounting standards
and internal controls.
* Carried out stock verification in Head office and
Showrooms. (Total 25 Showrooms).
* Performed investigations into frauds and preparing
reports on such investigations.
* Monitoring and recording inter branch
transactions.
* Submission of Daily Sales Report to Management.
* Prepared TB, Balance Sheet and P&L & Bank
reconciliation, Prepare and process invoices.
* Prepare monthly Purchases Reports by Vendor,
Product and Group
* Monitoring office supplies and ordering supplies as
required, Maintaining stationery stock and reorder
when it required, Coordinating the maintenance of
IT equipment’s
* Ensuring that all accounts are scheduled and
reconciled.
* Coordinated with the Auditor on audit scope and
findings.