Accountant
The Grooming Company
مجموع سنوات الخبرة :19 years, 2 أشهر
o Preparing Monthly Profit & Loss A/c and Balance Sheet
o MIS actual and budget analysis
o Cash Flow Statements for every month
o Excel schedules for provisions, accruals, prepaid, fixed assets, trade license, rent etc.
o VAT filing& Return
• Monthly Payment plan based on the cash flow
• Interacting with 27 branches (Nbar, 1847 & Jetset) related to any queries with finance department
• Looking after updation of fixed asset register as well as providing depreciation on the basis of related excels workings
• Checking monthly suppliers, employees reconciliation
• Monthly intercompany reconciliation
• Reconciling all Balance Sheet items for quarterly balance sheet review
• Responsible for booking entries of following transactions:
o Monthly & annual book closure entries including provisions, accruals, prepaid, etc.
o Inter Company Entries & allocation of inter company
o Monthly sales summary
• Monitoring bank & credit card reconciliation
• Verifying:
o Petty cash vouchers and ensuring that vouchers are genuine and supported by necessary bills and approvals
o Supplier payments-checking vendor statement is matching with our books
• Collaborated with Store Supervisor and discuss about purchasing of stocks and include in the cash flows
• Monitoring debtors receivables and suppliers payments
• Taking necessary steps for renewal of insurance policies, trade License, Rent etc.
• Interacting with store, spas, other departments and outside parties which requires the involvement of Account Department
• Coordinating with bank - related to bank facilities and other queries/disputes etc.
Profit& Loss A/c and Balance Sheet
•Excel schedules for provisions, accruals, prepaid, etc.
•Monthly inventory sheet required by the store and other locations
•Accountable for processing supplier payment vouchers (overseas and local suppliers)
•Looking after updation of fixed asset register as well as providing depreciation on the basis of related excels workings
•Examining & reconciling various ledgers including supplier ledgers, customs duty, freight cost, clearing, customs deposit, etc.
•Responsible for book entries of following transactions:
•Monthly & annual book closure entries including provisions, accruals, prepaid, etc.
•Entries for allocation items for inter company
•Invoice booking & monthly sales summary, Bank payment & Receipts, Purchase Import & Local
•Petty cash entries
•Handling bank & credit card reconciliation
•Combining weekly petty cash request from different departments and submitting the same for MDs approval
•Withdrawing petty cash from bank & disbursing the cash as per requirement from various departments, depositing collections received from debtors/others
•Verifying: Petty cash vouchers and ensuring that vouchers are genuine and supported by necessary bills and approvals
•Collaborated with Store Supervisor and discuss about purchasing of stocks
•Following up with debtors and collecting receivables
•Interacting with store, spas, other departments and outside parties which requires the involvement of Account Department
assistance to Senior Accountant in finalizing accounts on yearly basis
•Managed cash & bank payments towards supplier payments, expenses payments etc.
•Daily data entry for cash, bank payment, sales etc.
•Looked after booking of purchases while handling records related to goods received
•Supervised preparation of:
•Cash payment & weekly bank payment reports
•Provided Reports / data required for payroll expenses on the basis of HR details, Depreciation on the basis related excel workings & thereafter updated fixed assets register, Final Ageing Reports
•Updated: Fixed Assets Register, excel while working with related reversals if any along with proper documentation
•Arranged: Letters of balance confirmation from debtors & creditors, sales& purchase reports, ageing reports related to creditors& debtors for providing yearend provisions
Commerce