Head Of Accounting Department
B U H Properties
Total des années d'expérience :18 years, 9 Mois
1.Manage all aspects of the accounting department, including supplier accounts payable, tenant accounts receivable, general ledger, payroll, and financial reporting.
2.Manage & Ensure collect direct income for the owner and un-direct income for the company.
3.Manage & Ensure the preparation of financial statements, including balance sheets, income statements, and cash flow statements, per building.
4.Manage & Ensure prepare and submit vat report and return request.
5.Manage the annual budgeting process, including preparing budget reports and monitoring budget versus actual performance.
6.Manage and mentor accounting staff, providing training and support to ensure the team is operating at maximum efficiency.
7.Manage and Work closely with other departments to identify areas for cost savings.
8.Manage and ensure timely payment of all dues to Suppliers, Vendors, Contractors, Brokers, Property Owners, etc.
9.Manage and Ensure timely collection of all dues from Tenants and provide the weekly receivables statement with ageing analysis to the Leasing Administrator.
10.Closely monitor the collection from tenants on bounced cheques and ensure timely legal action.
1. Managing daily operations and tasks within the accounting department and supervising account
employees.
2. ZOHO Accounting System.
3. Coordinate Annual Audit.
4. Analyzing accounting data and preparing financial reports.
5. Improving the company's accounting and financial systems and procedures.
6. Work directly with the accounts department and the higher management of the company.
7. Implement accounting policies appropriate to the nature of the company.
8. Create and maintain files and financial records to prove the transactions that have been made.
9. Close accounts monthly and every year-end.
10. Reviewing receipts, payment vouchers and invoices.
11. Follow-up revenue accounts that are received in all types.
12. Supervising the processing of payroll and the payment process for employees.
13. Budget preparation and management.
14. Follow-up of settlements, bank reconciliation s and accounting settlements.
15. Arranging and presenting financial and accounting operations in a way that allows users to
understand them.
16. Preparing periodic reports that contain income statements, debt analysis, and cash flow.
I managed a team of two accounting specialists, and I carried out full audits previous two years because there was no accurate chart of accounts in addition to the lack of correct data, im rebuilding an accurate accounting system and this procedure showed the company’s efficiency by 100%, with the preparation of financial statements and financial reports related to relevance to the company.
Head Of Accounts/Finance
1. Handle financial accounts for group companies.
2. Handle & monitor for accounts system & all financial matters related to 27 branches.
3. Leadership & managing staff of accounts.
4. Using multiple accounts system Focus 8 ERP, QuickBooks.
5. Develop plans and strategies for financial and accounting for nursery work provide recommendations, improve systems.
6. Advise staff on the handling financial reporting, collaborates with other financial staff to support and enable the department to meet overall goals and objectives.
7. Protects companies by keeping information confidential.
8. Conducts month-end and year-end closure, preparing balance sheet, profit & loss, cash flow & budget & feasibility study.
9. Monitors revenue and expenses entries, review of all financial data, conduct weekend petty cash closure.
10. Provide monthly reports to management with recommendations, expense analysis, error-free accounting reports, updating existing and new asset lists, depreciation, disposal, liabilities.
11. Follow the law for end of service, Leave salary, air ticket & provision recorded.
12. Handle recorded received cash, cheque's & credit card transactions.
13. Settling the rent account monthly, utility bill and online payment plus employee visa expenses & bank labor guarantee update, bank reconciling transactions, credit card reconciling.
14. Maintains general ledger list.
15. Completes internal audit by analyzing and scheduling general ledger accounts, confirmation letters & work with external auditors.
16. Update the current accounts of the owner.
17. Inventory and movements, purchases, returns, inventory end of the year.
18. Handel account receivable & payable entries & generate reports on a daily basis, aging receivable and Initiate collections on past-due accounts.
19. Database backups.
20. Transferring money between bank accounts as required.
21. Prepare payroll sheets, ensure pay cheques are correct and delivered on time, calculate salary, salary increase, & overtime and bonus, Personal loans, and deduction reports.
22. Update new hires and terminations in the payroll system.
23. UAE VAT & the refund process.
24. Handel banking facilities handle and process all the bank's requirements for any loan.
I managed a team of three accounting professionals, implemented processes for improvements that increased company efficiency by 90%, and oversaw the preparation of financial statements and related disclosures for the company and branches plus making recommendations.
Skills: Microsoft Office · Accounting · Interpersonal Skills · Journal Entries (Accounting) · Time Management · Vendor Management · International Financial Reporting Standards (IFRS) · Generally Accepted Accounting Principles (GAAP) · Inventory Control · Accounts Payable & Receivable · Revenue Recognition · Budget Management · Process Improvement · Internal Controls · Cost Accounting · Microsoft Excel · Problem Solving · Communication · Accounting Software · QuickBooks · Team Management · Payroll Administration · Tax Preparation · General ledger management · Accounting Management
• .Prepare monthly journal, payment, receipt entries using account system., prepare monthly and quarterly accounting reports for submission to management., inventory reserve analysis on a quarterly basis and generate reports for senior management., assist and suggesting changes to policies or procedures to increase cash flow., review and record rates of depreciation, labor cost and overhead., maintain and review the general ledger and reconcile balance sheets., analyze costs of raw materials and other supplies and create cost-benefit analysis for changing vendors to increase benefit.., cash controller include follow up with each branch for daily sales and ensure to deposit sales daily and closed staff petty cash and collect invoices., update account receivable & payable with follow for any different issues., prepared company accounts files for audit.
• Supervision and follow-up researchers in the field how collect financial data., provide administrative daily financial reports., review the financial forms after the completion and returned to the facility by the researcher to correct errors in the case of its existence., follow the daily work of researchers and answering financial their questions and resolve any problems they face., preparing daily reports on the progress of work., maintaining the confidentiality of the data and the lack of disclosure.
• Processed journal entries by using accounting system., review and approve overhead charges to be applied to a project., managed accounts payable, accounts receivable., review and approve supplier invoices related to a project., assisted in yearend closing., verified details of transactions, including funds received and total account balances., prepared company accounts for audit., received, recorded, and deposited cash and checks and reconciled records of bank transactions, prepare inventory reports at the end of the month, . responsible to closed petty cash., preparing the depreciation sheet for fixed assets, making accrued accounts for any invoice which has not been received, preparing payroll entries and classifying cash salaries and bank salaries., process all staff payments for expenses, advances, leave and /or final settlements., create project accounts in the accounting system., maintain project-related records, including contracts and change orders.
• Prepared trial balance at end of month using manual method., prepared journal voucher, payment voucher, and receipt voucher using manual method., write checks and made deposits., sent out invoices to vendors and collected unpaid fees., recorded all revenues and expenses., kept ledger updated., handling petty cash for daily expenses., prepared salary sheet by excel and paying salary.
• Responsible for vendor, receiving, deposited, and follow payments., prepared and maintained journal vouchers and adjusted entries., handled payroll scheduling and salaries., reconciled payable, receivable, and bank accounts., prepared Journal vouchers and other data entries., write checks, made transfers and deposits to the banks., responsible for the reconciliation of all payable accounts., prepared and reviewed end of month closing trial balances., recorded sales invoices, all expenses, and revenues.
Becholor degree in finance