Senior Accountant
Modern Tobacco Corporation
Total des années d'expérience :14 years, 5 Mois
• Ownership of process for the preparation, validation and filing of monthly VAT & Excise returns in compliance with the relevant regulations.
• Responsibility for ensuring accuracy and completeness of accounting for VAT & Excise in the general ledger.
• Detection and evaluation of risks as well as opportunities regarding respective tax issues.
• Perform accounting functions as assigned including, but not limited to payable, receivables, bank reconciliation, AR & AP reconciliations, expense JV recordings, asset creation in SAP, recording and monthly depreciation run.
• Conduct monthly and quarterly account reconciliations to ensure accurate reporting and ledger maintenance.
• Conduct month-end, quarter-end, and year-end closing process;
• Developing and implementing financial policies and procedures.
• Preparation of monthly management report, including “Budget vs. Actual” variance reports, expense report & other routine reports.
• Preparation of internal Financial Statements, maintaining the highest quality, reliability and accuracy.
• Preparation of projected cash flow statement. Analysing FS data to highlight discrepancies.
• Assist in internal and external audit as required.
• Served as a key team member in Internal Audit panel of MTC for ISO 9001: 2015 development & implementation.
• Was part of team to implement SAP software, helped in mapping chart of accounts, providing data and communicating with consultants about problems and suggestions.
• Restructured/Revised whole Chart of Accounts and verified all the previous records through cross verification.
• Calculation and booking of accruals & mark-up on bank Loan & OD.
• Establish both long term and short-term planning processes.
• Maintaining the details of advances to employees against Travelling and other expenses.
• Inter BA and Inter-company reconciliations and contribute to resolve the pending issues between all Business Areas.
• Allocation of Insurance cost to all Business Areas after verification of the location of assets on monthly basis.
• Drive continuous improvement & development in Budgeting and Forecasting processes.
• Working on departmental budget and help in preparation of budget of other departments.
• Handling working capital efficiently.
• Preparation of monthly Bank reconciliation statements.
• Preparation of Profit & Loss Account of Al Mulla Logistics Service on monthly basis.
• Responsible for Monthly invoicing, Recoveries and month end reports.
• Resolving Finance and Audit related issues.
• Ensure students achieve their objectives and goals.
• Ensure that students are engaged in meaningful learning experiences.
• Implement best teaching practices to enhance student-learning processes.
• Handling Crash classes for more than 7 hours without any break.
• Major subjects; Audit & Assurance, Cost Accounting, Management Accounting, Financial Accounting & Financial Management.
• Preparation of monthly Bank reconciliation statements.
• Maintaining Petty Cash.
• Receive and incorporate Invoices and Debit Notes issued by other Companies.
• Inspection & Verification of Payment/Receipt vouchers.
• Responsible for Receivable and Payables.
• Preparing list of Over Due Balances.
• Keeping all the records up to date.
• Preparation of expense report on monthly basis.
• Preparation of Profit & Loss.
• Any other special assignment assigned by the head. month end reports.
Corporate Reporting, Business Analysis,Business Law, Business Tax, Audit & Review, Professional & Business Ethics, Business Information Management, Performance Management & Control.
Corporate Reporting, Business Analysis,Business Law, Financial Management, Audit & Review, Professional & Business Ethics, Business Information Management, Performance Management & Control.