P2P Specialist – Arabian Peninsula
SGS
Total des années d'expérience :9 years, 10 Mois
Managed the P2P functions of the Arabian Peninsula (UAE, Oman, Saudi Arabia, Bahrain, Kuwait, and Qatar). Played an instrumental role in leading the team in aligning P2P operations as per the group policy. Spearheaded the management with monthly reporting packs, accounts payable, prepaid, advances, accruals, and reconciliations.
• Successfully continued to improve the payment process by standardizing accounts payable workflow process, going paperless where possible, maintaining relationships with vendors, strengthening the invoices validation and 3-way match process, and ensuring on-time vendors/employees’ payouts.
• Ensured smooth month-end / quarter-end / year-end closer process, drove financial hygiene and clean-up process, ensured timely delivery of P&L and Balance sheet schedules for Reviews
• Ensured timely completion period closer of books and supported Global Financial Reporting team to ensure on-time reporting.
• Worked closely with the Central Finance team to support and have smooth closer of Internal and Statutory Audits and timely data support and query resolutions.
• Handled all vendor correspondence via phone and email.
• Supported to Central taxation team.
• Posted IFRS entries.
• Supported local operation team in Finance matters.
Led finance department of the company which had two businesses. First, an Indent Agent/Global Manufactures’ Representative in UAE dealing in building materials, and second, a premium seller of electronic and mobile accessories on Noon and Amazon. Performed indent agent duties by seeking to function as the means of connecting buyers who need certain goods with sellers who have those productions and are open to entering some sort of transaction.
• Prepared indent contracts, scrutinized documents, and raised debit notes for agreed commissions.
• Followed up with suppliers for production completion and shipment time, proper shipping documents, dispatching original documents and receipt of payments, etc.
• Checked contracts, LC, BL, and all other shipping documents for smoothing import and export of shipments.
• Maintained books of accounts and handled vat reporting, accounts payable, accounts receivables, and MIS reporting.
• Processed salaries through WPS, maintained records of staff leave, advances or loans, etc.
• Made sure of the availability of required materials and equipment for the company.
Worked closely in the head office with senior accountants and operations personnel. Handled day-to-day bookkeeping of nine projects throughout UAE. Performed monthly, quarterly, and annual accounting activities including reconciliations of bank and credit card accounts, coordination, and completion of annual audits, and reviewing financial reports/support as necessary.
• Kept track of all payments and expenditures, including payroll, purchase orders, invoices, statements, etc.
• Provided accounting and clerical support to ensure that financial transactions comply with the VAT regulations.
• Prepared and managed all documents in line with VAT regulations and other related activities
• Assisted in payment to vendors by scheduling pay checks and generally responded to all vendor inquiries regarding finance.
• Prepared budget and handled petty cash expenses of nine projects.
• Recorded petty cash disbursements in the cash journals in SAP.
• Reviewed and posted invoice documents for the payment process in SAP.
• Maintained liability statements of nine projects.
• Kept track of staff and workers leave, flights booking, new employees’ process, benefits, etc.
• Conducted a concurrent audit of Canara Bank, OBC Bank (Forex), and SBI Bank, and prepared concurrent audit reports in the prescribed manner.
• Conducted stock audits and prepared stock audit reports in the prescribed manner.
• Conducted receipt audit of HDFC Bank and prepared audit reports in the prescribed manner.
• Prepared, validated, and submitted Income Tax returns of clients.
• Scrutinized loans and verified KYC documents.
• Conducted VAT Audit and prepared VAT audit reports in the prescribed manner.
• Prepared, validated, and submitted VAT returns of clients.
• Prepared Financial Statements along with annexures.
• Recorded business transactions accounting software.
• Maintained digital and physical financial records.
• Attended scrutiny cases on behalf of clients and represented clients in Sales Tax Department.
• Prepared and managed all documents in line with VAT regulations and other related activities for clients.
First class