Senior Accountant
CELER GROUP
Total years of experience :13 years, 6 Months
Preparation of annual business plans and estimations.
Preparation of Cash flow statement of the projects.
Preparation of LC documents and submitting the sales invoices and documents to bank for crediting the invoice value.
Arranging the bank guarantee for the contract jobs.
Preparation of Projected Profit and Loss Account and Balance sheets of the company.
Preparation of project wise accounting reports.
Preparation of weekly financial reports and monthly reports.
Maintain the stock report and cross checking with purchase invoices.
Verification of the sales invoices, delivery notes, etc.
Verification of purchase invoices and supporting documents.
Finalization of the Trial Balance, Profit and Loss Accounts and Balance sheet.
Proper handling of 135 bank accounts of different currencies across 12 countries.
Preparation of Cash Flow forecast of the company.
Preparation of the Consolidated file of bank name, bank account numbers, bank signatories, bank address, etc.
Cash Management - Review the daily bank balance and preparation of daily cash forecast report for smooth cash flow of the company.
Processing the vendor payments through various web banking portals.
Preparation of daily fund transfer request, location funding and get approvals and process the fund transfers through banking web portals.
Compliance of banking forms and procedures :- Opening of bank accounts, addition and removal of bank signatories, closing of bank accounts, provide access to different users for online banking portals, etc.
Purchasing of Foreign currencies for processing vendor payments.
Arrange the year end bank balance report from banks for proper close of books of accounts.
Jobs Profile:- MIS & Reporting :-
Preparation and consolidation of Group Company’s Cash flow statement.
Preparation of Bank Reconciliation Statements and weekly Consolidated bank headroom balance report.
Prepare monthly Short term cash flow forecast of the company to streamline the company’s receipts and payments.
Preparation, Analysis and Consolidation of Accounts Payable Ageing Report and tallying with control GL accounts.
Prepare weekly and monthly debtors ageing summary and consolidation of receivable schedules.
Preparation of Intercompany reconciliation report and tallying of Reconciliation report with control GL Accounts.
Preparation, Consolidation and Analysis of the Employee cost Schedule of Al Jaber Heavy Lift Group (5 Group companies)
Proper closing of the books of accounts for quarterly, half yearly and annually
Preparation and analysis of Trial Balance and pass the necessary Journal vouchers for closing the books at every end of month.
Preparation and analysis of Profit and Loss Accounts and pass necessary entries for finalizing the profit and loss account.
Preparation of Balance sheet and related monthly closing schedules.
Consolidation of Group Company’s Trial balance, Profit and Loss A/C and Balance
Sheet (5 group companies)
Preparation of Intercompany Purchase budget, Sales budget and Annual budget of the company.
Assist in preparation of Group company’s annual budgeting process.
Preparation of various Audit Schedules and liaise with auditors for annual closing of accounts.
Accounts Payable:-
Booking the invoices and credit notes in the proper GL accounts and back charging the expenses to inter companies and raising the debit notes to inter companies at month end.
Review of Accounts Payable Ageing report, prepare the weekly and monthly payment plans.
Arranging Statement of accounts from suppliers, Reconciliation of supplier statement of accounts and coordinate with vendors for debit notes, credit notes, missing invoices, etc.
Processing the payments of local suppliers and foreign suppliers through cheques and bank transfers and provide the payment details to vendors.
Process the Capex payments and maintain the schedule for capex payments for finding out the committed payments at the end of year.
Treasury Functions:-
Prepare Book transfers, bank transfers, Telegraphic Transfers, through Web Banking Portals(Standard Chartered Bank -S2b & Hsbc net banking)
Settlement of supplier invoices through LC payments and booking of payment vouchers in the system.
Daily checking of bank statements and sending the bank advices to the concerned departments.
Follow up with banks for escalating the payments issues, bank swift messages and bank advices.
Accounts Receivable:-
Customer Accounts opening, blocking and unblocking of customers.
Preparation of sales invoices and sending the invoices to customers.
Review the Accounts Receivable Ageing Report and follow up with customers for collection of payments against due invoices.
Prepare the customer outstanding statement of account and sending to customers for collection of the payment.
Arrange the customer payments by cheques or bank transfers, booking and allocation of the collections against the proper invoices.
Accounts Payable:-
Receiving, verifying and coding the supplier invoices.
Preparation of various schedules for vendor invoices and expenses and book the invoices.
Review of Supplier Ageing report and process payments of Local suppliers and Foreign suppliers (more than 1, 000 suppliers) through cheques and bank transfers.
Generate and review the supplier debit balances and follow up with different departments and suppliers for the invoices.
GL Accounts:-
Prepare the bank reconciliation and book the bank charges and exchange difference entries in the system.
Prepare the monthly accrual JVs for prepaid rent, prepaid insurance, depreciation, etc.
Review of Trial Balance and closing of books on monthly basis.
Preparation and analysis of various expenses schedules by extracting the data from the GL accounts.
Preparation of monthly schedules for Balance sheet items.
Preparation of Accounts payable and Accounts Receivable schedules.
Payroll& Petty cash:-
Verification of payroll, leave salary, Air ticket, Overtime, HRA, Allowances, etc.
Processing the payroll through WPS system as per the Law of UAE Ministry of Labour.
Prepare the petty cash vouchers and checking the claims and reimbursement of the expenses.
Booking of the petty cash expenses and allocation to the proper accounts.
Prepare the petty cash cheques and withdraw the money for petty cash float.
I have passed my Post Graduation in commerce with First class from an Indian accredited University.