Senior Accounting Officer
alcatel-lucent
مجموع سنوات الخبرة :25 years, 8 أشهر
• Monthly closing of accounts after ensuring and analyzing the data available in SAP, accordingly preparing necessary monthly reports and schedules as per company’s standard formats and different levels.
• Preparing monthly cash forecast.
• Monthly payroll processing and payments (WPS and non WPS).
• Preparing monthly employee related accruals and reconciliation of the same with GL accounts.
• Preparing employee final settlements.
• Validating Accounts payables/expense payments, processed by SSC.
• Laisioning with Statutory Auditors/internal auditors during audit.
• Preparation of Audit Schedule and finalization of accounts at the year ends.
• Ensuring accurate and timely processing of all the accounting transactions for closing monthly Financials.
• Maintaining record of finance facilities like TR, OD & L/C and honoring the payment on due date.
• Establishment & Negotiation of import Letter of credits and accordingly follow up with banks.
• Preparation of Reports for the Management like - age analysis of Receivables and Payables, Cash Flow & Inventories and different financial reports as per requirement of management.
• Laisioning with Statutory Auditors during audit.
• Preparation of Audit Schedule and finalization of accounts at the year ends.
• Arranging of funds daily basis to cover OD balances and settlement of TR, DA based on availability of funds.
• Dealing with banks for various quires related facilities and other day to day banking activities.
• Monitoring the Overseas Receivables with aging analysis with necessary follow up for collection.
• Monitoring of monthly standing expenses to be account.
• Accounting and scrutinizing different overseas divisional expenses.
• Reconciliation of Internals division on weekly basis.
• Preparation of Audit Schedules.
• Preparation of necessary Management Reports.
• Overall responsibility of the finance department
• Supervising and verification of work done by assistants.
• Monitoring the Receivables and Payables with aging analysis, credit ceiling with necessary follow up for collection and settlement
• Preparation of Audit Schedule and finalization of accounts
• Arranging finance facilities like TR, LBD, OD & L/C.
• Establishment & Negotiation import, export of L/C and accordingly follow up with banks.
• Preparation of necessary Management Reports.
• Administration works as per the requirements of JAFZA.
Preparing monthly Profit & Loss Account and Balance Sheet, preparing DTA sales & Export Invoices and calculating duty for the same. Responsible for all expense bills & making payments. Handling payroll, daily payment report. Laisioning with Statutory Auditor. Participation Finalization of Accounts etc.
Verification of vendor bills & making payment, processing advance to the suppliers and adjustment against their bills, issue of Credit Notes for reacceptance of materials, raising of various Debit Notes for rejection, rate difference etc., payment to vendors against bills passed and hundies accepted at various Credit terms agreed in the purchase order. Confirm creditors balance for given periods. Involvement in Accounts finalization preparing Balance sheet and Profit & Loss Account and preparing schedule for the same.