Sr. Accountant
Alghanim Industries
مجموع سنوات الخبرة :18 years, 0 أشهر
Area of Exposure: Accounting up to Finalization, Balance Sheet Review after month end closing, Bank Reconciliation, Analyzing Ratios & can handle all the accounts independently.
Job Profile:
• Preparation and Finalization of Monthly & Annual Financial Statements and Liaise with auditors internal and external.
• Preparing and review monthly management reports (MIS) in a timely manner.
• Responsible for Monthly Amortization of all Prepaid Expenses. (Rents, Insurances & Others.)
• Preparation of variance analysis report by comparing budgeted costs with the actuals and preparing commentary for the gaps.
• Responsible for timely capitalization of fixed assets by following Alghanim FRP for assets useful life & run depreciation of all assets during month end closing.
• Responsible for monthly Inter Company Reconciliation, taking actions on Reconciliation transaction & submitting final report to Management for the same.
• Prepare and ensure that all balance sheet schedules are prepared & reconciled as per corporate criteria. 100% reconciliation was achieved.
• Responsible for handling external audit & internal audit requirements which upload in corporate central system Teamwork within the committed deadline & also coordinate with Internal & external auditors.
• Responsible for conducting Fixed Assets counts & reconcile the results with SAP.
• Creating Provisions for Bonus, Travel Allowance & other allowances of Employees.
• Verification & Accounting of Travel Statement Received from Our Travel Agency. Also accounting the Business Travel Expenses of Employees & maintaining the Tracker of Travel Advance paid to employee.
• Verification and Accounting of Petty card issued to all Business admin to refill the card. Reconcile the clearing account and Float account
• Verification and Accounting action for the cash collection of the entire sales of the Alghanim Showrooms.
• Verification of the deposit slips with bank statements and Accounting action for the deposits in the bank.
• Accounting of all the Monthly Expenses & allocating the same Department wise (e.g. Mobile Exp., IT related Exp., Courier Exp. etc.)
• Accounting of all the standard & recurring transactions during Month end closing.
• Supporting the team to ensure the smooth work process and proper month end closer.
• Calculating & creating provisions for all accrued expenses like Goods in Transit, Equipment Rentals, Unpaid Overtime of employees etc. during month end closing.
• Processing Full & Final Settlement payment through Hanse Orga after the verification with Pay Register Received from HR. Also responsible for Payroll Reconciliation & preparing Schedule for Salaries Account & Staf Receivables Account.
• Deduct all receivables from employee salaries and monitor the ageing of Staf receivable Accounts.
• Prepare Leave & Indemnity Reports Corporate level & share the data with respective Controllers of the concerned Business Units.
• Maintaining & updating all the trackers of Major activities.
• Other ad-hoc reports and analysis given by Management including month end activities.
On job achievements:
• Earned Bravo employee of the month in August 2008 for independently handling the work of 2 colleagues at a time during their vacation time.