Chief Accountant
Al Mulla Group
Total des années d'expérience :10 years, 4 Mois
Al Mulla group is a multi-disciplinary conglomerate, engaged in a wide spectrum of business activities. Founded in 1974, Over the years, Al Mulla group has maintained comprehensive corporate governance in every sphere of investment it has embarked upon, and it continuous to focus on achieving industry benchmarks within its expanding portfolio.
Key Responsibilities Supervising accounting staff, plan & assign the work and review staff’s work.
Supervision of employees performing financial reporting, accounting, billing, collections, payroll, and budgeting.
Assist CFO in relationship management with banks, coordination for setting up credit line and procuring financing.
Responsible for Inventory & Fixed Asset Counts.
Supervising and controlling receiving of cash, cheques, and deposits funds.
Assist CFO in implementation of internal control policies, guidelines, and procedures for budget administration, cash/credit management and accounting.
Responsible for month end & yearend closing as per IFRS and liaison with the external auditor.
Responsible for preparing and managing monthly & weekly cash flow.
Coordinating with banks with respect to banking facilities renewal.
Responsible for open LC for Raw material & Assets and coordinating with all related parties.
Verifying and approving BRV, CRV, JV, BPV, CPV and Supporting the team with any technical issue related to accounts.
Responsible for product costing & margin on product and provide report to management for approval of costing & sale price.
Responsible for VAT return filing and VAT reconciliations.
Ensures the integrity of accounting information by recording, verifying, consolidating, and entering transactions.
Maintains and balances subsidiary accounts by verifying, allocating, posting, and reconciling transactions and resolving discrepancies.
Maintains general ledger by transferring subsidiary accounts, preparing a trial balance, and reconciling entries.
Summarizes financial status by collecting information and preparing balance sheet, profit and loss, and other statements.
Al Hamli group is Key supplier of Fresh Fruits & Vegetable across Dubai and Sharjah. They are Supplying Fruit & vegetable to Catering companies. Hotels, Restaurant, Hyper and Super markets. They have strong delivery system with Iso and Haccp Certificate and Believe in Customer satisfaction first.
Key Responsibilities
• Preparing Trial Balance, Balance sheet, Income Statement, weekly, monthly, annual other reports as per the need.
• Developing & maintaining adequate internal control system, preparing annual and periodic financial results and submitting them to the management for review & control the finances to ensure that accounting protocols are followed.
• Preparation and filing of quarterly vat returns.
• Monthly statements and follow-up for collection of payments and allocation of receipts.
• Responsible for bank reconciliations, aging analysis and planning for future recoveries.
• Liaison with other departments for the timely provision of data required for month end closing and for management reporting while ensuring the precision and concision through reviews.
• Month end closing: booking of monthly accruals, operating & admin expenses & amortization of prepayments.
• Providing reports and analysis as per management requirement.
• Reconciliation of Supplier’s Ledgers and prepare payments as per credit terms.
• Bank Reconciliation on monthly basis and report to management about Cash flow.
• Inventory Management (stock take on weekly Basis and make adjustment in the system).
• Prepares Asset, Liability, and capital account entries.
• Responsible for the preparation of monthly budget.
• Supervise the accounting staff and handle the external audit on continuous & annual basis.
• Maintaining purchase register to find the actual input tax for goods & services.
• Apportionment of output tax on the basis of revenue generated from each province.
• Calculation of monthly sales tax liability for FBR & all provincial authorities and payment processing in coordination of payment dept.
• Respond to the queries of tax authorities and replying the notice issued by tax authorities.
• Review vendor invoices with their respective PO’s/ contracts and ensure their accurate posting into the GL.
• Liaison with other departments: for the timely provision of data required for month end closing and for management reporting while ensuring the precision and concision.
• Preparation of the Petty cash register, Cash in hand register & Bank register.
• Preparation of the Bank Reconciliation on regular basis.
• Preparation of the Salaries, Wages & Overtime Sheet on monthly basis.
• Timely follow up for the Receivables and Collection & Banked of Cash & Cheques
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External Audit
• Participate in executing the work plan
• Work effectively as team member, sharing responsibility, providing support, maintaining communication and updating senior team members on progress
• Assist in preparing reports and schedules that will be delivered to clients and other parties
• Understanding nature of business environment and business cycles of client.
• Audit planning, assessing the risks, managing the audit team, completion of work within allocated time.
• Applying test of controls/substantive tests on fixed assets, debts, receivables, payables, inventory,
• Revenue, employee compensation and expenses.
• Preparing books of accounts as well as keeping and maintaining records helpful for Audit.
• Ensuring work is in compliance with International Accounting and Auditing standards.
• Recalculated salary expense on sampling basis including income tax deducted at source, Overtime, Advance deduction etc.
• Reporting unusual items to the Audit partner.
• Prepare the E-payments for vendors while entering WHT of vendors and employee on the portal on monthly basis.
• Performing other related duties as assigned.
