General Ledger Accountant
Hepworth PME L.L.C
Total years of experience :12 years, 10 Months
• Compile and analyze financial information; ensure all expenditures are mapped to the correct account of individual CBM entities
• Ensure monthly recurring journal entries such as prepayments amortization, accruals and provisions for slow moving stocks and bad debts are accounted properly
• Substantiate financial transactions by auditing documents to ensure all are fully supported
• Ensure all required tasks for the monthly closing of General Ledger module are completed within the agreed timelines
• Ensure accuracy of financial statements in accordance with IFRS, IAS and compliance to internal policies
• Responsible for General Ledger (GL) account reconciliations of individual CBM entities as assigned and bank account reconciliations of all CBM entities; investigate and resolve financial discrepancies by collecting and analyzing account information
• Reconcile the financial statements prepared (Balance Sheet and P & L) with MIS final report on a monthly basis
• Create monthly accounting reporting packs including insightful commentaries relating to GL reconciliations
• Monitor and review accounting and related system reports for accuracy and completeness
• Supervise the input and handling of financial data and reports for the company’s automated financial systems
• Assist finance function with general accounting entries or other activities as advised from time to time.
• Work in getting all intercompany (between CBM and other group entities) and intracompany (within CBM group) transactions reconciled on a monthly basis
Audit
• Work with Line Manager to ensure the smooth flow of internal/external audit by providing all the required documents/information in a timely manner
Others
• Responsible for updating weekly foreign currency exchange rates in Oracle System based on bank corporate rates for CBM Group
• Create/assign supplier master for CBM group
• Perform other ad hoc tasks as assigned from time to time
• Ensuring all accounting transactions are recorded and updated in a timely manner
• Reviewing all Trial Balance accounts and reconcile all the balances
• Overseeing all accounts Receivable & Payable requests from departments to ensure validity and support with approvals; process receipts & payments and update records
• Reviewing of Customer’s and Supplier’s Aging
• Resolves accounting discrepancies and ensures accuracy is maintained on all accounting information
• Variance analysis on specific expense accounts
• Validating the entries passed by Junior accountants and ensuring no errors on the same
• Involved in periodic internal and external audits; ensures that records for internal and external audits are prepared and maintained.
• Review and approve all month end reconciliations including inter & intra company and control accounts
• Prepare timely and accurate monthly management accounts and reports for Executive Team
• Assists and supports the Finance Manager and Asst. Finance Manager for monthly book closure and accounting all necessary provision and accrual entries
• Work with the senior management teams to develop the annual plan, including production of budgets, forecasts and capital expenditure plans
• Monitor and review performance against budgets/forecasts, including preparation of regular reports to Board and other stakeholders
• Prepare rolling forecasts of profit/loss, balance sheets and cash flows
• Review effectiveness of internal controls covering financial, operational and compliance
• Any other related duties / projects assigned by the Finance Manager from time to time
Responsible to review each accounting entry (Payments, Receipts, Journals)
• Review Payroll
• Preparing & Managing Cash Flow
• Reconcile AP & AR with GL
• Prepare financial statements and supporting schedules according to monthly close schedule
• Facilitate and complete monthly close procedures
• Analyze revenues and expenses to ensure they are recorded appropriately on a
monthly basis
• Prepare monthly account reconciliations
• Assist with analyzing financial statements on a monthly basis and report on variances
• Deal with External audits
• Ensuring the proper costing of projects
• Assist in documentation and monitoring of internal controls
• Other projects as assigned
Exposure includes:
External Audits
► Financial statement audit of M/S Abbot Laboratories for the financial year 2014
► Financial statement audit of M/S Hamad Ali Jaralla Contracting & General Maintenance for the financial year 2012, 2013, 2014
► Financial statement audit of M/S Zekria Hameed Electronics Trading L.L.C for the financial year 2014
► Financial Statement Audit of M/S Gulf Hydraulics
Consultancy
► Preparing the financial statements in accordance with International Financial Reporting Standards and in compliance with the local laws for the corporate and small businesses clients.
► Worked as accountant and conducted bookkeeping of clients like M/S Long way auto Spare Parts, Euro Coffee and Victoria Medical Supplies
► Oversaw development and implementation of new accounting software and ERPs for clients like Malik Burgers, Jadi Hair Saloon and Gulf Performance Parts.
► Development of Standard Operating Procedures SOPs (HR Manual, Finance Manual, Procurement Manual) for client Grand Technology Resources (GTR).
Managing and supervising audit of public sector entites and NGOs.
Main activities involved planning the audit, supervising the filed work and reporting.
Aslo worked in the consultancy clients. Main work done is the development of Standard Operating Procedures (Human Resource, Admin & Finance and Procurement Manual)
Supervising audit of Public and private sector entites, NGOs, universities, corporations and UNHCR funded projects. The main activities includes Planning the assignment, supervising execution work and reporting.
Conducted the Internal audit of public sector entities.
Conducted Stock counts and cash counts of public sector entities.
Financial Accounting, Auditing, Corporate Law, Cost Accounting, Taxation, Economics