Senior Accountant
ZMR Trading Est.
Total years of experience :14 years, 2 Months
• Manages all Accounting transactions & prepares monthly, annual accounting closings.
• Prepares Accounts and Banks reconciliations.
• Manages Non-Current Assets, including depreciation/amortization.
• Supervises Treasury transactions, and monitors bank charges.
• Assist with annual budget preparation and variance analysis.
• Supports internal and external controlling and auditing.
• Collaborate with cross-functional teams to gather financial data and provide support for decision-making.
• Prepare monthly payroll WPS file and upload it to the bank for execution.
• Manages Account Payables and Receivables and ensures timely executions of payment and follows up with clients on pending invoices.
• Ensures compliance with laws and regulations for all the financial documents issued by the Company.
• Handles the general correspondence with banks, suppliers, and Government agencies.
• Reconciles monthly payroll and ensures compliant registration in the accounts.
• Review all areas that are related to monthly expenses and identify areas where we can implement measures to control costs that are being incurred without hampering operational performance.
• Processes Letters of Credit (Export & Import) or Letter of Guarantees and their respective amendments.
• Prepare monthly VAT reports and declaration, also assist in Annual Audit.
• Assist in the processing of balance sheets, income statements and other financial statements according to legal and company accounting and financial guidelines.
• Perform ad hoc HR tasks including but limited to Contracts, medical insurance etc.
• Prepare journal entries, and invoices coding, accounts and settlement analysis, and ensure books are
closed (monthly and annual) and the preparation of new accounts.
• Check the accuracy of journal entries made by checking all supporting documents available.
• Assist in preparing monthly financial statements in guidance with finance manager.
• Reviews all bank reconciliation on monthly basis.
• Monitor accounts receivable balances monthly.
• Processes payroll for all the following: new hires, terminations, status changes, deductions, direct deposits, time sheet data, rate changes, & special pays, as applicable.
• Reconciles petty cash payments received with supporting documents and processes reimbursement claims per the company’s approved Financial Policies and Procedures.
• Reports regularly to the Finance Manager on all accounting issues.
• Collect operational data and make analyses reports to forecast expenses and budgets.
• Calculate labor, overhead, and Material costs.
• Variance vs. Budget and Forecast analysis.
• Evaluate production costs, gains & losses and month-end closing data.
• Collect and analyze past years’ data to forecast budget for the ensuing year.
• Study, review and reconcile variances in reports and data.
• Identify operational opportunities and implement best processes and practices.
• Review all invoices for appropriate documentation and approval prior to payment.
• Prioritize invoices per cash discount potential and payment terms.
Additional Responsibilities:
• Send Monthly & Quarterly Variance Analysis report of equipment’s to head of sector. Make Power point presentation for department’s finance manager.
• Process related to Client Finance Support Corporate Operations (Cash Management) that includes:
• Part of pilot batch for Cofunds Cash Control.
• Reconciliation & investigation of outstanding amounts received through cheques from different
mutual funds transactions.
• Research & resolve all fail trades & past due incomes.
• Cash & Stock transfer of shares from one mutual fund co. to another (TFRIN).
• Ensure Team development & provide training if necessary.
• To migrate & complete new business as per the timelines indicated & to ensure efficient knowledge
transfer from business units.
Organization Achievements:
• At State Street Syntel Services Pvt. Ltd. Awarded with Syntel “COFUNDS SERVICE HERO”.
courses: Attended Training for Financial Analysis & Securities Valuation (Saudi Arabia-