Accountant (General)
Al Nefouth Computers LLC
Total years of experience :19 years, 1 Months
Reporting directly to the Managing Director and responsible for the daily accounts as well as month and year-end financial statements for AED 25 M trading company with 4 outlets in Sharjah. Collaborate effectively with branch managers on customer invoices and billing issues. Also responsible for all aspects of administrational effectiveness and daily operations.
Closely monitoring daily sales of all outlets including credit sales, cash and card transactions as well as internal stock transfers between the locations.
Preparing reports on different aspects of the business on weekly and monthly basis and daily registration of invoices and credit notes.
Checks recorded and banked remittances from customers and provide financial advice and information to the Director.
All cash management including reconciliation of all bank accounts, cash transfers between the locations and disbursements analysis.
Oversee accounts payable operating and approval process to support production over 40 PDCs weekly and keeping a track of it and ensure cleared on due date.
Responsible for all monthly utility bills follow ups for all the locations and payment on or before due date.
Compilation of month and year end financial statements for all entities, including the preparation of journal entries for accrual purposes.
Trained staff of other branches how to use system, applicable to their specific needs.
Successfully connected all branches online for real time transactions.
Implemented accounting policies and procedures, and streamlined work flow processes for efficiency and accuracy.
Worked under the direction of the Chief Accountant, executed broad range of accounting and inventory functions including Purchase & Sales Ledger Accounts, petty cash expenses, invoicing, reconciled and balanced accounts and generated invoices and monthly statements
Day to day accounting transactions, month end closing procedure and reconciles ledger and sub ledger.
Handled full cycle of accounts receivable including invoicing, collections, and entering receipt of payment.
Maintained the bank reconciliation system and prepared monthly statements for the transfer of funds.
Managed physical inventory process and identified warehouse layout improvements.
Vendor account reconciliations and making payments as agreed terms.
Reconcile inventory at warehouse and adjust journal entries for balance general ledger with perpetual inventory systems.
Generated monthly close of financial statements; prepared management reports concerning purchases, sales and inventory
Maintained the bank reconciliation system and prepared monthly statements for the transfer of funds.
Oversee accounts payable operating and approval process to support production over 40 cheques weekly.
Managed physical inventory process and identified warehouse layout improvements.
Reconcile inventory at warehouse and adjust journal entries for balance general ledger with perpetual inventory systems.
Generated monthly close of financial statements; prepared management reports concerning purchases, sales and inventory.