Accountant
Iffco Group
Total years of experience :7 years, 11 Months
• Performing month end closing activities: OPM closing process in oracle (costing module), books closing, Month end closing JV’s, Prepaids & amortization entries and schedules.
• Preparation of month end reports and Management Information System (MIS) with key insights.
• Support in Finance Budgeting exercise in finalizing the Key deliverables for various departments.
• Handling end to end capex process, partnering in entire lifecycle -Initiation, evaluation, funding & capitalization.
• Product Costing, Variance Analysis and Variable cost analysis.
• Coordinate the internal and external audit, compile and prepare supporting documents and financial reports as requested by auditors.
• Monitoring AP, AR & GL accounts and ensure rectification of errors, adjustment & rectification entries thereof.
• Monitoring RM deliveries, pricing and physical verification of inventory.
• VAT report preparation and filing ensuring compliance to UAE VAT Laws.
• Preparation of various monthly reports like Stock Audit report, FIRM, Working capital report, Sales & FOC report and Material Usage & variance reports to the management.
• Be the custodian of petty cash policies and make sure cent percent adherence to it.
• Supporting corporate functions with the required information and analysis.
• AR related Credit control, releasing of sales orders and processing credit note.
• Timely collection of debts and proper follow-up’s with customer’s for payments.
• Customer’s accounts reconciliation & intercompany reconciliation.
• Initiating payments to vendors by verifying MRR & PO’s, reconciliation of vendor’s SOA and processing debit note.
• Preparing financial documents such as Sales & Purchase Invoices and Reporting Daily and Monthly Outstanding.
• Preparing Statement of Accounts Payables & Accounts Receivables and Proper Documents controlling.
• Sorting and filing of various Loan documents - Term loan, TT.
• Monitoring the daily Bank deposits of cash and cheque collections.
• Intercompany reconciliation.
• Product costing and pricing
• Recording office expenditures and ensuring the expenses are within the set budget tasks, including preparing budgets, records, and statements.
• Calculation of rebates, payment discounts from vendors And Passing Journal vouchers.
• Coordinating internal and external audits.
• Payroll preparation and Accounting.
• Preparation of VAT reports and Filing of returns.
• Debtors review meeting, collection plans with concerned managers for timely collection of debtors and taking corrective actions and forwarding to legal cases.
• Arranging Freight Forwarders to Import & Export the Goods from Suppliers across the globe.
• Preparing all necessary documents for the Export & Re‐Export shipments such as Commercial Invoice, Packing List, Certificate of Origin, Bill of Lading or Air Way Bill etc.
Voucher sorting
Manipulation of government issued cheques
Sorting and filing of various loan documents
Maintenance of day book and ledger
Maintain cash and accurately record cash transactions
Prepare income statement and balance sheet
Preparation of cash flow and fund flow statements
Preparation of projected and provisional balance sheet
Payroll preparation and accounting
Master of commerce in finance