Senior Accountant
Welmot Industry
Total years of experience :8 years, 3 Months
Performed debit, credit and total accounts on computer spreadsheets/databases, using specialized accounting.
Software &reviewed accountant book entries to ensure accuracy of the G/L.
Managed accounting operations, accounting close, account reporting and reconciliations.
Received, recorded, and banked cash, checks, and vouchers as well as reconciled records of bank transactions.
Addressed and resolved non-routine, complex and unexpected variances.
Guided firm reconciliation, payroll, annual bonus, pension funds, annual reporting, and management of investments.
Maintained confidential information, such as pay rates, bonus targets and pay grades.
Reconciled bank statements to clients' books and prepared financial statements from client documents.
Prepared financial and regulatory reports required by laws, regulations or boards of directors.
Prepared monthly and annual expense forecasts, including any necessary recommended action required to manage costs to achieve budget.
Update and maintain accounting journals, ledgers and other records detailing financial business transactions
(e.g., disbursements, expense vouchers, receipts, accounts payable). Enters data into computer system using defined computer programs (Oracle)
Prepare monthly financial statements, Balance Sheet, reports and records by collecting, analyzing and
summarizing account information.
Investigates questionable data, Research and reconcile all discrepancies.
Monitors and updates long distance calls list.
Maintain the Fixed Asset and associated depreciation schedules on the Software System; provide monthly detail to the Senior Accountant for General Journal entries; insure proper recording of new purchases and disposals.
Prepare bank reconciliation &Manage petty cash account, Interbank Transfers, maintain bank accounts by requesting disbursements.
Conduct scheduled and special audits and make recommendations for improvement.
Reconcile and revalue all inventories at month end for all locations.
Investigate reconciling differences, and address appropriately.
Reconcile inventory related balance sheet accounts
Cost of goods sold accounts analysis & LIFO, FIFO, AVAC Methods
Payroll
Responsible for payroll of employees, entering of new hires, employee changes voluntary deductions in the
payroll system, Processing of manual checks such as terminations and discrepancies, calculate new hire pay, termination pay, and any required adjustment to normal payProcessing stop payments or adjustments of payroll, calculate bonuses as requested.
Ensure that computing, withholding, and deductions are done correctly
Accounts Receivable
Responsible for maintaining the accounts receivable aging for certain customers, receiving incoming customer payments, entering cash receipts and completing bank deposits.
Monitors loans, receivables to ensure that payments are up to date.
Communicating with customers (verbally, via email, letter or fax) to reconcile customer accounts.
Communications will involve requesting past due payments and clarifying charge-backs, deductions, and allowances. Assist with month-end and year closings and will be required to prepare various excel reports.
Accounts Payable
Review all invoices for appropriate documentation and approval prior to payment
Prioritize invoices according to cash discount potential and payment terms
Process cheque requests, Respond to all vendor inquiries
Reconcile vendor statements, research and correct discrepancies
Maintain files and documentation thoroughly and accurately, in accordance with company policy and accepted accounting practices.
Helping part in understanding of entity’s business and preparing its documentation; assessment of internal control risks by identifying areas of non- compliance; evaluating manual and automated
financial processes; identfifying process weakness and inefficiencies.
Part of Preparing overall audit plan (audit strategy) and relevant audit programs.
In the team of managing, planning, supervision and review of financial audits according to the requirement of local regulations and international standards on auditing.
Review audit working papers and performing analytical procedures.
Filing income tax files ( Salaried persons, Property tax )
Other task performed that are given by management.
Assist to Clearing department overall
Assist to Remittance department
Import & Export Documentation, interbank transfer Rate confirms etc
Banking Procedures and policies
Documentation complete for opening account, and different projects
* Financial Accounting • Economics • Research and Quantitative Business Methods • E-Business and E-Commerce • Strategic Management • Corporate Finance • Managing People and Motivation • International Marketing • Business Ethics • Integrated Marketing Communication (IMC) • Marketing Management • Marketing of Services • International Business Law • Operations Management • Economics of Money, Business and Finance