Senior Accountant
Ahmed Ramadhan Juma Group
Total des années d'expérience :10 years, 11 Mois
Key Responsibilities: (Sep 2020 onward)
• Process monthly quarterly and yearly general ledger, payroll, budgeting, cash forecasting, revenue and expenditure variance analysis, capital assets reconciliations, Bank reconciliations, check runs, fixed asset activity etc.
• Manage day-to-day operations of different AR areas including Performa Invoice and Credit note, AR related adjustments, co-ordinate with Credit team to identify or resolve accounting discrepancy and supervising complete Accounts payable function, Utilities, Petty cash.
• Inter-company transaction recording, analysing and monthly reconciliations, quarterly and annually accounts leads for external auditor/management reports.
• Processing foreign supplier’s payment through electronic transfer, bank guarantee, Staff medical & life insurance, property and motor insurances and timely renewal of TL and Rental contracts.
• Recording and preparing of staff salaries according to WPS rules and regulations.
• Calculation of VAT output & Input and e-filling of VAT return
Key Responsibilities: (April 2017 to Aug 2020)
• Competent in supervising Accounts Payable (AP) process, managed vendor relation as well as
timely and accurately processing invoices after matching with GRV, LPO & purchase requisition, payment transactions, suppliers reconciliation and daily MIS report to management.
• Process payables month end closing), generate various reports e.g. Supplier ageing reports, GL Reconciliations of payables, Prepayments, LPO reconciliation report.
• Verifying & recording Petty cash, Utilities payments, quarterly and annually Cash Flow forecasting payables, intergroup transaction.
• Maintain adherence to corporate & accounting standards; addressed escalated accounts payable issue raised by employees and vendors. Ensure accurate and compliant fillies and record inline according to company policies and government regulation.
•Handled full cycle Accounts Payable duties in high volume, fast-paced environment.
• Processed Accounts Payable checks and handled incoming calls for vendor inquiries and
resolved invoice discrepancies.
• Verified general ledger account. Projected distribution and approval levels on invoices in
Microsoft GP Dynamic ERP.
• Obtains revenue by verifying transaction information; computing charges; preparing and mailing invoices; identifying delinquent accounts and insufficient payments.
• Prepares financial reports by collecting, analyzing, and summarizing account information and trends.
• Verifies accounts by reconciling statements and transactions.
• MIS Reports of Daily & Monthly Sales Analysis, Monthly Cost Saving and Sales Variances Report for Management Business Plan & Budgeting.
• Calculation Food Cost of more than 250 products and implementing in Microsoft GP ERP.
• Preparing monthly P&L and Bank Reconciliation.
• Audit of Raw material, Packing material and Finished Goods and Rectification of Physical Stocks with GP ERP.
• Supervising Raw material and Packing material daily consumption in all branches.
• Managing Purchases of R.M, P.M and F.G by ensuring the cost price through approving Local Purchase Orders.
• Maintaining Staff Personal records for Legal & Payroll etc.
• Prepare Daily Management Information Reports Reports and implement estimated sales tax and FED payable amount
• Ensure the Timely submission of monthly, quarterly and annual Financial Information to banks and other institution.
• Calculation and Forecasting of Markup on Cash Finance Line, Running Finance Line and Long Term Loan.
• Prepare Payments to Creditors around Rs.50 million after reconcile with individual accounts, Goods receiving Notes and PO Preparing Forecasts and Projections for the business.
• Liaison with the Banks and other Financial Institutions to ensure the availability of finance for the company.(Pledge /de pledge, Cash Finance & Running finance Facilities)
• Organized set of detailed records and files document for records.
• Recording and preparation of Sales Invoices of Sugar, Molasses and Scrap of more than Rs. 3 billion annually.
• To Assist Manager Accounts in Preparation and Finalization of quarterly and Annual Accounts
• Liaison with External Auditors in conducting quarterly and yearly Statutory Audit.
Financial Reporting, Financial Management, Audit, Tax, Business Analysis